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Selling On Ebay (Gotchas)

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starbuxinvestor's Avatar
United Kingdom
616 Posts
 Posted 10/24/2012  11:01 am Show Profile   Bookmark this topic Add starbuxinvestor to your friends list Get a Link to this Message Number of Subscribers
I am starting to upgrade some of my bills to higher quality so thinking of selling my excess bills on ebay. For those of you what are the gotchas? How do you ensure payments are cleared before you ship? What shipping level do you use? I would appreciate anyone sharing their experience. Thanks.
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oih82w8's Avatar
United States
7840 Posts
 Posted 10/24/2012  11:09 am  Show Profile   Bookmark this reply Add oih82w8 to your friends list Get a Link to this Reply
Paypal seems to be the money transfer of choice on ebay. Once the "paid" moniker is illuminated (rather than shaded) you got paid. I always place the bill in a semi-rigid currency sleeve. I use the cardboard "photo" mailers with currency and add another layer of reinforcement to sandwich the bill to ensure it does not get folded in transit. USPS 1st Class with Delivery Confirmation usually runs under two bucks (three ounce default). Insurance would be required on items of greater than $100.

No complaints on my shipping practices.
Edited by oih82w8
10/24/2012 11:10 am
Pillar of the Community
starbuxinvestor's Avatar
United Kingdom
616 Posts
 Posted 10/24/2012  11:13 am  Show Profile   Bookmark this reply Add starbuxinvestor to your friends list Get a Link to this Reply
Thanks, so much for the response. It seems I remember hearing a long time ago about payment being pulled back from sellers and that has me a little paranoid I guess.
Valued Member
The Bill Collector's Avatar
United States
486 Posts
 Posted 10/24/2012  11:26 am  Show Profile   Bookmark this reply Add The Bill Collector to your friends list Get a Link to this Reply
Is there some reason that you don't want to offer them to the members here first ?. I see that you have more than enough post to sell here. I may be a buyer but I don't do very many auctions.

Please check out my Want to Buy list in the Wanted section of this forum, there's a bunch that I'm still looking for, both Large and Small size notes.
Bill Collector
Pillar of the Community
starbuxinvestor's Avatar
United Kingdom
616 Posts
 Posted 10/24/2012  11:48 am  Show Profile   Bookmark this reply Add starbuxinvestor to your friends list Get a Link to this Reply
I just haven't really looked into how selling and payments work on the forum. But to answer the question I have no problem offering bills here.
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oih82w8's Avatar
United States
7840 Posts
 Posted 10/24/2012  11:52 am  Show Profile   Bookmark this reply Add oih82w8 to your friends list Get a Link to this Reply
So starbuxinvestor...whatcha got to sell?
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starbuxinvestor's Avatar
United Kingdom
616 Posts
 Posted 10/24/2012  12:02 pm  Show Profile   Bookmark this reply Add starbuxinvestor to your friends list Get a Link to this Reply
Not totally sure yet. I have 7 bills at PCGS for grading. But a lot will depend on what I pick up. Right now I expect 1934D $5 and 1934C $10 plus I have 2 $10 North Africa notes coming and will be looking to move the lower quality one. But nothing is in stone yet.
Valued Member
The Bill Collector's Avatar
United States
486 Posts
 Posted 10/24/2012  12:22 pm  Show Profile   Bookmark this reply Add The Bill Collector to your friends list Get a Link to this Reply
Don't worry about payment from me, I can pay any way you want, PayPal, Money Order, Cash, Gold or Silver coins etc.
Bill Collector.
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starbuxinvestor's Avatar
United Kingdom
616 Posts
 Posted 10/24/2012  12:36 pm  Show Profile   Bookmark this reply Add starbuxinvestor to your friends list Get a Link to this Reply
Biull Collector could you post the link to your want to buy list. For some reason I never can find this section.
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halfhunter's Avatar
United States
530 Posts
 Posted 10/24/2012  6:51 pm  Show Profile   Bookmark this reply Add halfhunter to your friends list Get a Link to this Reply
http://www.coincommunity.com/forum/...?FORUM_ID=15


Bill Collectors list is about halfway down the page.
Valued Member
The Bill Collector's Avatar
United States
486 Posts
 Posted 10/24/2012  7:20 pm  Show Profile   Bookmark this reply Add The Bill Collector to your friends list Get a Link to this Reply
Thanks halfhunter, for pointing starbuxinvestor and any others in the right direction.

If anyone has any of the notes on my list I'm a buyer. Or I will trade any of my duplicate notes for what I need. And they don't have to be graded, in fact I prefer that they are not graded as I can do that myself but will take graded notes if I have to.
Bill Collector
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starbuxinvestor's Avatar
United Kingdom
616 Posts
 Posted 10/24/2012  7:22 pm  Show Profile   Bookmark this reply Add starbuxinvestor to your friends list Get a Link to this Reply
I always thought that area was for coins.
Valued Member
The Bill Collector's Avatar
United States
486 Posts
 Posted 10/24/2012  7:57 pm  Show Profile   Bookmark this reply Add The Bill Collector to your friends list Get a Link to this Reply
I wish there was a separate section for Coins and Paper Currency, it would make it a lot easier to sort through and look for things.
Bill Collector.
Valued Member
Baanos's Avatar
Canada
290 Posts
 Posted 10/24/2012  8:27 pm  Show Profile   Bookmark this reply Add Baanos to your friends list Get a Link to this Reply

Quote:
Thanks, so much for the response. It seems I remember hearing a long time ago about payment being pulled back from sellers and that has me a little paranoid I guess.


Your best bet for notes with higher value would be to ship with a tracking number. If you ship regularly you have no valid proof (according to PayPal) that you have shipped the item and the buyer can pretend never having received your banknote and open a claim on PayPal which he WILL win and automatically the full amount that he paid will be refunded to him from your PayPal balance. Also, according to PayPal, it is your responsibility to make sure the item arrives to the buyer, and as described.
Edited by Baanos
10/24/2012 8:55 pm
Valued Member
dinhjames's Avatar
United States
72 Posts
 Posted 10/24/2012  9:28 pm  Show Profile   Bookmark this reply Add dinhjames to your friends list Get a Link to this Reply
Where can I find selling on this site?
Valued Member
The Bill Collector's Avatar
United States
486 Posts
 Posted 10/24/2012  9:34 pm  Show Profile   Bookmark this reply Add The Bill Collector to your friends list Get a Link to this Reply
"Where can I find selling on this site ?"

There is a section for it, check this link:
http://www.coincommunity.com/forum/..?FORUM_ID=15

But you cant buy till you have at least 50 post, and you cant sell till you have 250 post.
Bill Collector


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