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Pricing The Coin For Ebay

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plonker's Avatar
United States
462 Posts
 Posted 09/06/2014  10:20 am Show Profile   Bookmark this topic Add plonker to your friends list Get a Link to this Message Number of Subscribers
I am wondering how others price their coins starting bid for auctions . Is it based on past coins sold on ebay or certain percentage of the catalog value. I think most of the sellers add shipping to the starting price and offer free shipping.
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 09/06/2014  10:27 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
I quit doing anything but 99-cent starts many years ago.
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KenKat's Avatar
United States
4085 Posts
 Posted 09/06/2014  11:13 am  Show Profile   Bookmark this reply Add KenKat to your friends list Get a Link to this Reply
I agree your best bet is to take good pictures and start it at $0.99. I think it is easier to get a coin on a buyer's "radar" when you start them low - so you attract more bidders and higher prices.

If you set the coin at the price you would "like" to get, it probably won't sell 90% of the time.

The only other thing I have done that seems to also work is to set the price at 30-40% of the coin's value. So if you have a coin you think is worth $100, start it at $30. This is low enough to attract bidder interest but keeps you from risking a total bloodbath on the coin if you only get one or two bidders.
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kanga's Avatar
United States
5825 Posts
 Posted 09/06/2014  11:17 am  Show Profile   Bookmark this reply Add kanga to your friends list Get a Link to this Reply
LOTS of different ways.

Catalog values are often used.
BUT which catalog?
-- Red Book (the worst)
-- greysheet (reasonable)
-- NGC or PCGS pricing sites (in between)
-- CoinWorld (in between)

Auction Results (the best; Heritage, Stacks, ebay)

WAG (worse than the Red Book)
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edweather's Avatar
United States
7375 Posts
 Posted 09/06/2014  12:09 pm  Show Profile   Bookmark this reply Add edweather to your friends list Get a Link to this Reply
Auctions are a bit tricky. Yes, .99 will get you the 'most' bidders, but if you don't want to take a loss on the coin.........

Free shipping also will get you more looks.
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