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Asyn Grading Explained

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chequer's Avatar
Canada
4227 Posts
 Posted 12/21/2013  11:26 am Show Profile   Bookmark this topic Add chequer to your friends list Get a Link to this Message Number of Subscribers
I haven't been paying much attention to asyn's auctions lately (beyond noticing the switch from number grades), so I'm not sure how long they've been posting this graphic, but everything should be clear as mud now



Asyn-Grading-Explained
Valued Member
Canada
496 Posts
 Posted 12/21/2013  3:07 pm  Show Profile   Bookmark this reply Add billfrak to your friends list Get a Link to this Reply
Where is the good and about good grades ,or do they
not sell that low , pretty sure they do ,but are vf
for them
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Bm0ney's Avatar
Canada
1005 Posts
 Posted 12/21/2013  4:17 pm  Show Profile   Bookmark this reply Add Bm0ney to your friends list Get a Link to this Reply
I have not been watching ebay to notice the change.
Best, good, average, and below average at the side explains everything.
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doubleeagle59's Avatar
Canada
2495 Posts
 Posted 12/21/2013  5:12 pm  Show Profile   Bookmark this reply Add doubleeagle59 to your friends list Get a Link to this Reply
Asyn's blocked me from bidding because I was giving him such a hard time about his sky high grading.
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pocket change 50's Avatar
Canada
1751 Posts
 Posted 12/21/2013  6:26 pm  Show Profile   Bookmark this reply Add pocket change 50 to your friends list Get a Link to this Reply
Has anyone noticed, the past month he is listing lots of mint packaged and 2013 coins? The past week he has had the 6 superman coins, and they all attain the average market price. I watch thinking there is deals to be had on the mint coins, very seldom. I watched a 2002 queen mum silver dollar go for $220. Yet 2 weeks before 2 sold for $151/$184 from top rated sellers! Anyone have an explanation for his mint products going so high?
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Pertinax's Avatar
United Kingdom
2133 Posts
 Posted 12/21/2013  7:28 pm  Show Profile   Bookmark this reply Add Pertinax to your friends list Get a Link to this Reply
For the items that I looked at, he doesn't permit asking a question, so you've done better than me already !
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chequer's Avatar
Canada
4227 Posts
 Posted 12/21/2013  7:50 pm  Show Profile   Bookmark this reply Add chequer to your friends list Get a Link to this Reply
His business model has most of his items achieving excellent prices. From what I've seen over the past year or so, he consistently gets a higher percentage of trend value (based on the accurate grade of the coin, not his "grade") than most other sellers on ebay. He has to have a huge volume of people watching his auctions daily. I've gotten the odd deal, but really nothing compared to the deals that were to be had when he first started up on ebay.
Valued Member
Canada
108 Posts
 Posted 12/21/2013  7:50 pm  Show Profile   Bookmark this reply Add jello_g to your friends list Get a Link to this Reply
Here's a summary of asyn's neutral and negative feedback received. Why anybody would want to buy from this seller is beyond me.

http://toolhaus.org/cgi-bin/negs?Us...+by&ref=home
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persistnt's Avatar
Canada
726 Posts
 Posted 12/21/2013  9:15 pm  Show Profile   Bookmark this reply Add persistnt to your friends list Get a Link to this Reply
with pocket change chequer....He gets a good price for everything,,,I agree also he must hav a lot of buyers always bidding....I wonder why people are so stupid to pay high for mint silver products (Ex. 20 for 20,,,gets at least 22.50 or even 30.oo).. Why do people not want a good deal......I only get a good deal just every now and again....So I guess that means I am adding to the problem.....
Edited by persistnt
12/21/2013 9:16 pm
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pennysaver's Avatar
Canada
937 Posts
 Posted 12/22/2013  7:57 pm  Show Profile   Bookmark this reply Add pennysaver to your friends list Get a Link to this Reply
"I agree also he must have a lot of buyers always bidding..."

I think you must be on to something, persistnt. I had a buddy of mine who could always sell his items on ebay for 2 or 3 times what anyone else selling the exact same thing was getting. I used to look at his auctions and compare them with those others -- condition was the same, photos about on par, etc, there was no difference that I could see. Eventually he was selling so much at such high prices that he was able to quit his day job and go into the ebay thing full time. But he had regular customers who just kept coming back to him, they wouldn't buy from anyone else. And I think that that was part of his success. It seems our friend Asyn has got the same good fortune, possibly for the same reason. I think all ebay sellers wish they were in the same boat.
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persistnt's Avatar
Canada
726 Posts
 Posted 12/22/2013  11:57 pm  Show Profile   Bookmark this reply Add persistnt to your friends list Get a Link to this Reply
Does anybody know more about ASYN ?
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nalaberong's Avatar
Canada
2805 Posts
 Posted 12/23/2013  12:35 am  Show Profile   Bookmark this reply Add nalaberong to your friends list Get a Link to this Reply
I think he's just a Mystery Man...
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AgCoinAu's Avatar
Canada
3049 Posts
 Posted 12/23/2013  01:05 am  Show Profile   Bookmark this reply Add AgCoinAu to your friends list Get a Link to this Reply
So when I had one issue I actually got a phone number and called them.. (since then I've tried getting the phone number and can't find it)

But from my conversation this is what I have surmised. It's pretty much a mail order business run by approximately 12 individuals for the whole outfit.

When I sent my coin back to them I didn't use tracking mail... a stipulation for pay pal to refund your money in the event that someone receives and return but doesn't refund the money. Anyways we talked about losses and customers that say they never received their items they purchased and the individual told me they take a pretty large sum as losses on a monthly basis.

That's about all I know of the operation.. a better question is where the heck to they get their supply?

Is anyone here a dealer? I know for autos they have dealer only auto auctions.. I almost suspect that coin dealers have something similar and ASYN picks up a lot of the low end merchandise for discount prices.. couple that with getting book value or better and you could support a business including free shipping if you do a large amount of volume.
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masterofsecrets's Avatar
Canada
158 Posts
 Posted 12/23/2013  07:41 am  Show Profile   Bookmark this reply Add masterofsecrets to your friends list Get a Link to this Reply
Most of us have contacts at banks that we can get a few good things saved for us but this seller has to have some sort of agreement with one of the big security companies. To get this kind of volume you'd need to be able to get your hands on bills and coins that have been screened out of the process for 'mutilation' or the Mint's ARP. At that level, effectively anything that the banks receive from customer's and send away could become ASYN's supply.
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artdio's Avatar
1844 Posts
 Posted 12/23/2013  08:02 am  Show Profile   Bookmark this reply Add artdio to your friends list Get a Link to this Reply
just think of all the traveling road show, the coin buyers , the gold and silver guys.. You have just found Asyn's supply
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AgCoinAu's Avatar
Canada
3049 Posts
 Posted 12/23/2013  09:16 am  Show Profile   Bookmark this reply Add AgCoinAu to your friends list Get a Link to this Reply
It would be interesting to know how they get their supply that's for sure... but regardless I think they certainly do have a good business model.
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