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For Modern US Coins, What Is The Best Day To Sell On Ebay?

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52Raymo's Avatar
United States
8517 Posts
 Posted 11/21/2012  2:26 pm  Show Profile   Check 52Raymo's eBay Listings Bookmark this reply Add 52Raymo to your friends list Get a Link to this Reply
I posted this over on the coin auction discussion forum here at CCF and got some good info from sellers here on the forum. I started doing free ship as a result and am kinda anxious to see how that goes. https://goccf.com/t/134002
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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Broseph's Avatar
United States
979 Posts
 Posted 11/21/2012  3:51 pm  Show Profile   Bookmark this reply Add Broseph to your friends list Get a Link to this Reply
Why start at .99? Why not start at .01? I recently started a small lot of old canadians (you can see it from my links below)
I put it up last night for .01 free shipping. It already has bids from three different people. MUCH more attention than coins seem to get on the first day! a lot of things don't seem to get noticed until the last day. My strategy (and experiment) here was to see if getting in the "lowest price + shipping" category

I guess time will tell what it goes for, I'm not too sure what to expect on price. I'm guessing pretty low, but I keep getting surprised with what things can go for! The only thing is that with fees, you have to assume a loss of 15% when all is said and done. paypal and ebay both take their percentage from the initial amount, PLUS, fees for both sites go for shipping too, so you can't simply add the 9% ebay with the 2.9% paypal and think you get off with 11.9% fees. On top of that, you can't charge much for shipping because people would rather pay $15 free shipping than $10 with reasonable shipping below $5. It seems like you have to plan on posting the shipping charges a few dollars below cost, or go with FREE SHIPPING in order to get any interest.
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smokeriderdon's Avatar
United States
3755 Posts
 Posted 11/21/2012  5:33 pm  Show Profile   Bookmark this reply Add smokeriderdon to your friends list Get a Link to this Reply
I do free shipping on anything over 40 bucks.
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basebal21's Avatar
13014 Posts
 Posted 11/21/2012  5:35 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
PLUS, fees for both sites go for shipping too, so you can't simply add the 9% ebay with the 2.9% paypal and think you get off with 11.9% fees.


Thats true but its still only 12 percent you just have to add the shipping fee on as well.

Really the simple answer to a lot of the questions is just that there is no right way to do ebay. BIN, auction, low starting price auctions will all at any given time result in prices higher and lower than the coin should have gotten. A lot of it is just luck of the draw that someone is looking for what you have and can afford it. If there was one thing that I would rank as the most important thing to a successful ebay listing I would say its having a coin in high demand with a good photo
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Broseph's Avatar
United States
979 Posts
 Posted 11/21/2012  6:32 pm  Show Profile   Bookmark this reply Add Broseph to your friends list Get a Link to this Reply
One more quick question:

to post at 6PM Pacific time, do you guys pay the 10 cents to time it, or do you upload right then? I want to upload a bunch of stuff this sunday, so I'm thinking of paying that small fee. That's one of the features that should be free, but isn't some overbearing charge it seems.
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basebal21's Avatar
13014 Posts
 Posted 11/21/2012  6:39 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
If you wont be around you can pay the fee. If you want to avoid the fee, you can create the list ahead of time and save it for later then get on when you want it to end and post it without having to do it all then and there
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52Raymo's Avatar
United States
8517 Posts
 Posted 11/21/2012  6:42 pm  Show Profile   Check 52Raymo's eBay Listings Bookmark this reply Add 52Raymo to your friends list Get a Link to this Reply
I'm thinking of paying the ten cents so I don't have to time them. Yes it should be free.
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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Broseph's Avatar
United States
979 Posts
 Posted 11/21/2012  7:05 pm  Show Profile   Bookmark this reply Add Broseph to your friends list Get a Link to this Reply
How do you save them?
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basebal21's Avatar
13014 Posts
 Posted 11/21/2012  7:07 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
Switch it to the quick listing tool and click save for later at the top next to the help button. You can switch back to the advanced tool if you prefer to use that later
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52Raymo's Avatar
United States
8517 Posts
 Posted 11/21/2012  7:30 pm  Show Profile   Check 52Raymo's eBay Listings Bookmark this reply Add 52Raymo to your friends list Get a Link to this Reply
I found this interesting site that Biggfredd posted earlier this year. http://www.ecommercebytes.com/cab/pages/calendar
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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Broseph's Avatar
United States
979 Posts
 Posted 11/21/2012  8:02 pm  Show Profile   Bookmark this reply Add Broseph to your friends list Get a Link to this Reply
Interesting concept, but very incomplete without holiday data. What's a marketing calendar void of holiday data?
Also, because it is ONLY taking into account days of the week, the entire 30 day calendar can be summed upas such:
Sunday and thursday = GOOD DAYS
Monday and Saturday = DECENT DAYS
Tuesday, wednesday, and friday = BAD DAYS

That bit of info in itself is actually quite useful. I wish I had some DATA to look at though. I mean, I have heard that Thursday is one of the best days, and now I am hearing sunday a lot.
I have always heard friday is bad. Tuesday wednesday and saturday I had never heard much about.
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basebal21's Avatar
13014 Posts
 Posted 11/21/2012  8:08 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
Thursday surprises me a bit since a lot of people go out on thursday. Plus I hate waiting for my coins in the mail and that basically assures theyll sit at the PO on sunday
Valued Member
Windycity's Avatar
United States
366 Posts
 Posted 11/26/2012  09:18 am  Show Profile   Bookmark this reply Add Windycity to your friends list Get a Link to this Reply
Good info and opinion. I tend to use Sunday's and Monday's usually 5-6p PST. Most items are no reserve and $3 shipping. I do use some BIN on unusual items. The only time I put higher reserves is when I have an eclectic item such as a sterling silver token... then I put a reserve just below spot value. Will have to try some Thursday postings.
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