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Are Coins On Ebay Even Worth The Effort?

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Valued Member
mishap-coins's Avatar
United States
344 Posts
 Posted 03/26/2007  09:47 am  Show Profile   Bookmark this reply Add mishap-coins to your friends list Get a Link to this Reply
Some interesting remarks on this Tech site about ebay and how they are so willing to help everyone .

http://www.technewsworld.com/perl/b...53&display=1
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Learjet's Avatar
Australia
655 Posts
 Posted 03/28/2007  09:44 am  Show Profile   Bookmark this reply Add Learjet to your friends list Get a Link to this Reply
quote:
See if you can find the valuable coin

So, are you going to tell us or will we find out what's going on in the TV show "Lost" sooner?
Valued Member
United States
143 Posts
 Posted 05/04/2007  8:32 pm  Show Profile   Bookmark this reply Add Stan to your friends list Get a Link to this Reply
Bit late here but it beats starting a new thread.

ebay is, by far, the best place to buy coins. Why? Because you're in a store where there are literally millions of sellers. Coin shops have a very limited supply, and they can sell fakes too. I've bought coins on ebay for years without problems. I've also found some amazing deals. The majority of people selling coins on ebay don't know their value. Therefore, you can get great stuff for dirt cheap.

The whole point of ebay is not to make millions but to save hundreds.

I've bought coins worth $15 for $1. That's $14 off the catalog price. I've bought coins worth $125 for $40. That's 33% of the catalog value. Heck, I've occassionally overpaid to get rare stuff. I'd like to see one local coin shop with coins from Russian Turkestan.
Valued Member
Morganator's Avatar
United States
90 Posts
 Posted 05/11/2007  02:39 am  Show Profile   Bookmark this reply Add Morganator to your friends list Get a Link to this Reply
I sell on ebay, (but can't tell you who I am until I get 50 posts).
The general rule of thumb people use is to only bid one grade lower than advertised. If you stick with this, you might get some good deals every once in a while.
Also, when I list coins I am not interested in keeping, I generally list them at half their posted value in Coin World's coin values magazine (a montly publication that updates values).
Usually these are coins I buy in larger collections that I have no interest in. I don't need to make much more than my money back that I spent to buy the collection plus I get to keep other good coins from the collection, so I generally let these go at a discounted rate, just to move them and get my $ back quicker, so the answer to your question is yes, you can get some good deals as long as the guy or gal has good feedback.
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halfabustisbetter's Avatar
United States
1984 Posts
 Posted 05/11/2007  12:48 pm  Show Profile   Bookmark this reply Add halfabustisbetter to your friends list Get a Link to this Reply
ebay is great for seasoned collectors, but ebay needs a viable competitor in order to become a stronger site overall and to help the business/hobby generally.
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