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My Ebay Editorial

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ElmerFusterpuck's Avatar
United States
113 Posts
 Posted 12/15/2012  5:49 pm Show Profile   Bookmark this topic Add ElmerFusterpuck to your friends list Get a Link to this Message Number of Subscribers
I know ebay gets its share of knocks from buyers and sellers of coins at times, but for me as a first time seller I really can't complain too much. Maybe I was just lucky. I recently sold a small batch of coins to help with my daughter's college costs for studying overseas in London. Most of the coins were either duplicates or ones I felt I could part with at this time. No top pops or monsters, just collector coins. Below is a link to what I sold (all completed):

http://www.ebay.com/sch/beanboy22/m...H_Complete=1

I put up some decent pictures, no-hype descriptions and all were no reserve starting at 99 cents. I made money on most of the coins and at worst I broke even, even after the 9% ebay fee and the 3% Paypal fee. Maybe beginner's luck, who knows? From what I've seen over the years, having auctions with ludicrous Buy it Nows, full retail start for very average coins, flowery descriptions, juiced photos, or slabbed coins with noted problems being sold as problem free is a recipe for failure and disappointment. Sure, you might lose or take some hits on some coins, but ones that you've had for awhile and bought at a halfway decent price have a good chance of doing great in a true auction. The preceding is just my opinion and observation, results may vary for others.

Good luck out there!
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BLadd's Avatar
United Arab Emirates
557 Posts
 Posted 12/15/2012  7:10 pm  Show Profile   Bookmark this reply Add BLadd to your friends list Get a Link to this Reply
Elmer, you did very good. You also had for sale some pretty desirable pieces. You obviously have a pretty solid collection if these were your duplicates and non keepers. Congrats.
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muddler's Avatar
United States
7192 Posts
 Posted 12/15/2012  7:48 pm  Show Profile   Bookmark this reply Add muddler to your friends list Get a Link to this Reply
Congratulations on your ebay sales, it looked like you did well. I had not seen any of the listings as there were no Walking Liberty halves. Still looking forward to seeing the early walkers you have.
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Earle42's Avatar
United States
10038 Posts
 Posted 12/15/2012  9:24 pm  Show Profile   Bookmark this reply Add Earle42 to your friends list Get a Link to this Reply
When I started on ebay it was a lot nicer - it is probably us who were around when they started up that complain the most of the greed that has taken them over.

They got large by makong it .25 to post things and then took a percentage off of the winning bid that was a lot smaller.

But the typical business attitude of the day took over and they decided to see how much they could make off of people after they got their base established.

When they bought paypal, the old-fashioned American business mindset would have been to first try Paypal as a free benefit for sellers ti incite even more sales from them.

Instead it became a way for ebay to double their take.

You used to be able to contact anybody on their own private emails just by clicking their seller name. This allowed a lot more freedom between buyers and sellers. When I had duplicates of an item, I could contact the next highest bidders and offer it to them at the selling price. ebay allowed this - it was a great incentive for me to want to sell more andmore on ebay - and I did.


Someone used to only today's ebay might say, "well, they were losing money from people making deals not put up as auctions." But these were the days ebay was growing to be the giant it became - even advertising on TV. They incorporated and we ended up with the much worse version we have.

Don't get me totally wrong, if a person only experiences the modern ebay -not able to compare it to its much better past, then it seems like it can be a good place.

But when they used to let the seller keep more of their winnings, it was a greater incentive and this is how they became large.

.
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Coin Addict's Avatar
United States
110 Posts
 Posted 12/15/2012  10:38 pm  Show Profile   Bookmark this reply Add Coin Addict to your friends list Get a Link to this Reply
I'm glad you had a positive ebay experience. I still use them as a buyer, but haven't sold in over a year. The final straw was when they started charging commission on shipping fees.
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mds308's Avatar
United States
1721 Posts
 Posted 12/15/2012  11:04 pm  Show Profile   Bookmark this reply Add mds308 to your friends list Get a Link to this Reply
I remember when you could sell a black powder rifle/pistol.
I remember when you could sell a B.B. gun.
I remember when you could sell a toy cap gun.
I remember when you could sell a WWII German Dagger.
I remember when you could insist on a money order or personal check.
I remember when BidPay was free for sellers.
I remember when you could leave a buyer negative feedback.
You can't sell a police baton but you can sell a miniature baseball bat.
I started selling in December of 1997 (15 years ago). So many changes since. Yes, some are for the better but some have been for the worse.
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basebal21's Avatar
13014 Posts
 Posted 12/16/2012  12:14 am  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
I wasnt on in the 90s but I do remember when things started being sold for .01 with like 80 dollar shipping to avoid the fees which of course lead to the shipping fees being added
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Coindog's Avatar
United States
917 Posts
 Posted 12/16/2012  02:56 am  Show Profile   Bookmark this reply Add Coindog to your friends list Get a Link to this Reply
I love the part where you said a small batch of coins. That small batch sold for 6500 bucks. I think a lot of your success comes from the coins being slabbed as well as the other things you pointed out.

Just out of curiosity why didnt you end up selling the 1835 bust half?
New Member
bradez72's Avatar
United Kingdom
33 Posts
 Posted 12/18/2012  11:45 am  Show Profile   Bookmark this reply Add bradez72 to your friends list Get a Link to this Reply
I wondered why I never could find a BB gun on ebay worldwide thought I was dreaming
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