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 Replies: 30 / Views: 3,027 |
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Valued Member
United States
198 Posts |
I have been using ebay for many years now and when I list a coin or a banknote, I usually do not place a reserve on the auction. I also state in my heading that there is "No Reserve". Now I have some person hounding me to remove the statement that there is no reserve because I start my auction higher then $1.00!  I emailed him back saying that there was no reserve and that the price that I started the auction is the starting price, NOT a reserve price. He came back at me saying that the $20.00 starting price is a reserve price, not a starting price. I want to really tell this person where to go....  , but I think I will just ignore them. (This person is driving me nuts.  Has anyone else had this happen to them? Any suggestions on what to reply back to them OR just ignore them and hope they bother someone else? Thanks in advance..... |
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Pillar of the Community
United States
538 Posts |
I would just ignore them. If they don't like your starting price and are an idiot and don't know what a reserve actually is then you don't need them bidding on your items anyway. They're probably the most likely to back out of the transaction or want a return/refund and are probably a hassle to deal with.
Plus he can't really hurt your sales since no one else can see his responses. And even if they could they would probably just think him an idiot anyway lol
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Bedrock of the Community
13014 Posts |
I would block them from being able to bid. They obviously dont understand what a reserve price is. A reserve is a hidden price that the item will not sell if it goes over. If you are willing to sell it at what you start it at then theres no reserve.
This just sounds like someone that is just one of those problem buys. I list the same way where I start it at the lowest I'm willing to take. I really wish they would get rid of the reserve system all together its a complete waste of everyones time
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Locked
822 Posts |
Post the ID so we can all block the bidiot.
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Pillar of the Community
United States
8516 Posts |
I see the guys point, you're just starting the bids at what your reserve would normally be. Personally I just zoom right by listings that start high. You'll learn that listings do better if you start at .99 cents and free shipping. If you have a quality product and great pics, the sky is the limit.
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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Pillar of the Community
United States
538 Posts |
I disagree with you Raymo. I do the opposite of what you do. I skip over coins (other things I don't do this) that start at .99 because from my experience those are usually people I don't want to deal with, some because of poor or misleading items or poor customer service. I sort coins by ending time so I can find the coins I want ending soon and can get a better idea of what others value them at so I can better decide if I want to bid. Just my 2 cents though. And basebal, they'll never get rid of the reserve system on ebay since that's pretty much free money for them lol |
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Bedrock of the Community
13014 Posts |
Quote:
I see the guys point, you're just starting the bids at what your reserve would normally be. Personally I just zoom right by listings that start high. You'll learn that listings do better if you start at .99 cents and free shipping. If you have a quality product and great pics, the sky is the limit. Some listings do better starting at .99 cents, some go for a huge discount. Its a risk to list that way especially on high value items you could end up being out a lot of money. Free shipping depends on the item too. If its really cheap its not worth having free shipping. Same for middle of the road items. So what if you get 4 more dollars on bidders from free shipping yet you have to pay 5 to ship it with tracking. If the item is a few hundred dollars then yes free shipping is good. Quote:And basebal, they'll never get rid of the reserve system on ebay since that's pretty much free money for them lol Unfortunately this is true. I ignore items with reserves till it has been met, I'm not going to waste time bidding on something even if I won I wouldnt get anyway. I agree I sort things by ending soonest for auctions. I may put something in a watch list I find to see how it does but if its a popular item I dont want to drive up the bidding bidding days in advance |
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Valued Member
United States
225 Posts |
As a new user to e-bay (relative) and, to this point, only a buyer of coins, I have found the reserve system a waste of my time. Once I get the error message saying I haven't met the reserve, I try one more bid, but that's it. I don't have the time to hunt for the 'minimum' price and see if I'm willing to pay that.
What is the utility of the reserve system, anyways? (I really don't understand it)
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Bedrock of the Community
13014 Posts |
Quote:
What is the utility of the reserve system, anyways? (I really don't understand it) Its basically a way for people to try and get the highest amount taking the chance on the .99 cent starting price auction style, but protect themselves from having an item flop and go way under what it should. ebay only allows it because if the reserve isn't met it either counts as one of the 50 free listings or they get to keep the listing fee from it. The same holds true for relisting the item to try again. So like williamson said its free money for them |
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Pillar of the Community
United States
8516 Posts |
Williamson...I should say that I have a different mindset nowadays. After I got my Indians completed I started buying coins that start low and buyers that are too lazy to take great pics. Lol, I'm cherry picking and forgot how it was when I was buying for my album. I need to start selling them now.
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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Bedrock of the Community
13014 Posts |
Raymo that is an under appreciated buying strategy. Little risky but can pay off big. Misspelled listings can usually bring good deals as well as a buyer
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Pillar of the Community
United States
561 Posts |
 Not too long ago I landed a commemorative Eisenhower silver dollar for $17.30 after shipping. It was a very blurry picture and poor description but even in poor condition that would have been a good deal. |
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Bedrock of the Community
United States
20753 Posts |
Try to remember that on ebay or anywhere on the internet you could easily run into idiots, morons, metally sick, etc. people. Not everyone with a computer is normal. Not everyone on ebay is a rocket scientist. Why should you even answer people like that? Many times those are just people that want to argue. May as well just go to an insane asylum and discuss the big bang theory with the inmates. Just ignor people like that. |
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Pillar of the Community
United States
2077 Posts |
Ugh. Reserve means that if the bids never meet the reserve, the item doesn't sell. If someone bids your start price and it sells, then there is no reserve. It has nothing to do with start price. Ignore this person. Or post their user ID here and we can all send them messages explaining how auctions work.
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Pillar of the Community
United States
2077 Posts |
@52Raymo
Yes, the sky is the high limit. The low limit is selling the item for a fraction of what it's worth or what you paid for it.
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Pillar of the Community
United States
1659 Posts |
Quote:
Any suggestions on what to reply back to them
OR just ignore them and hope they bother someone else? First thing I would do is put them on your Blocked Bidder List. Sounds like he is argumentative and doing business with someone like that is no fun. Second thing I would do is post their ebay ID here so the rest of us can block him as well if we so choose. |
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Replies: 30 / Views: 3,027 |
Posted 07/17/2012 8:00 pm
