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Posted 03/09/2014 2:42 pm
Henry M Smith............
IMHO ... ebay is greedy when it comes to seller(s) selling MONEY.
Like a hundred dollar bill ... or 100 Ike coins.
Both buyers and seller get cut off at the knees.
IMHO ... ebay would 10 fold their sales on MONEy ... If the paypal and ebay fees (total) was about 6%.
What say you?
Quote:
I see you think there is only one coin dealer locally. If you are in Tampa, close by is one of the major dealers called Gainesville Coins, located in Lutz, Fl. hey are large with a real internet presence.
I also read your example of selling nickels and the ebay and Paypal overhead. I think it is underestimated. Paypal had a percentage of just under 3% plus a transaction fee of about 30 cents. ebay fees vary depending on auction style or buy it now listings. But, they can be close to 10%. The real problem is that 30 cent base for Paypal, it can be a large percentage for small items. I tent to avoid listing things like nickels, r group them for only one base fee. And, coin buyers on ebay know the real price, including shipping, which is postage, envelope, 2X2, transportation to the Post Office, etc.
I see you think there is only one coin dealer locally. If you are in Tampa, close by is one of the major dealers called Gainesville Coins, located in Lutz, Fl. hey are large with a real internet presence.
I also read your example of selling nickels and the ebay and Paypal overhead. I think it is underestimated. Paypal had a percentage of just under 3% plus a transaction fee of about 30 cents. ebay fees vary depending on auction style or buy it now listings. But, they can be close to 10%. The real problem is that 30 cent base for Paypal, it can be a large percentage for small items. I tent to avoid listing things like nickels, r group them for only one base fee. And, coin buyers on ebay know the real price, including shipping, which is postage, envelope, 2X2, transportation to the Post Office, etc.
IMHO ... ebay is greedy when it comes to seller(s) selling MONEY.
Like a hundred dollar bill ... or 100 Ike coins.
Both buyers and seller get cut off at the knees.
IMHO ... ebay would 10 fold their sales on MONEy ... If the paypal and ebay fees (total) was about 6%.
What say you?
