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Info For Canadian Ebay Sellers - List In CDN $s

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Valued Member
Strach-Man's Avatar
Canada
491 Posts
 Posted 08/31/2015  08:31 am  Show Profile   Bookmark this reply Add Strach-Man to your friends list Get a Link to this Reply
As a buyer I have past over so many coin's that have been listed in USD dollar because, once you add everything up,as a buyer it make no sense to buy it. The buyer get hit with the item in USD dollar shipping in USD then exchange rate. I have contacted seller and let them know, once I added everything up you want me to pay, I would be paying double what the coin is worth.
Pacificoin I've bought off you before and and will again, you understand the complex of pricing on E-Bay in US dollar, with the low Canadian dollar I've become very tight on what I'll buy now on E-Bay. Because so many seller list in US and the low Canadian dollar, I find I buy more at coin show's or dealers because I'm getting a better deal then what is being offered on E-Bay.
If the seller list in USD dollars, if I have changed my spending habit how many other have too, because of the low Canadian dollar, how many time's has your item been past over because of the listing price.
I like to see listing in Canadian dollar, after awhile it become a pain trying to covert from US to Canadian every time I see a coin.
Edited by Strach-Man
08/31/2015 10:58 am
Pillar of the Community
Canada
2845 Posts
 Posted 08/31/2015  09:45 am  Show Profile   Bookmark this reply Add wildflowerAB to your friends list Get a Link to this Reply

Quote:
ebay.ca listings are shown in Canadian dollars even if the seller chooses to sell in US$.


For auction items, even though the starting bid is shown in Cdn $, all bids are in US$.

Edit to add: .....if the seller lists the auction item in USD.

Conversion fees: Yes, USD bank accounts, USD Visa or UDS holdings in a Paypal accounts are a viable option when travelling to the U.S. but that doesn't mean conversion rates can be avoided when the funds are initially exchanged to US because that is not so. The US buy rate in Cdn funds is always higher than the US sell to Cdn rate, even on the same day.

What that means is when the Cdn seller converts the U.S. funds back to Cdn $, their settling rate then is far lower than the buying rate their customer paid. Obviously that loss has to get written into a higher listing price.

http://www.tdcommercialbanking.com/fx/rates/


Edited by wildflowerAB
08/31/2015 10:14 am
Pillar of the Community
Canada
2845 Posts
 Posted 08/31/2015  11:48 am  Show Profile   Bookmark this reply Add wildflowerAB to your friends list Get a Link to this Reply

Quote:
Because so many seller list in US and the low Canadian dollar, I find I buy more at coin show's or dealers because I'm getting a better deal then what is being offered on E-Bay.


I have found this to be true as well. So much so that without real intention I've paid my way into a dealer's VIP program that keeps me spending (in Cdn $)!

I have to wonder in the case of Canadian sellers who list in USD, is it really that the Canadian ebay buyer market is dwindling or has it just moved elsewhere?
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kuh_85's Avatar
Canada
2366 Posts
 Posted 08/31/2015  2:31 pm  Show Profile   Bookmark this reply Add kuh_85 to your friends list Get a Link to this Reply

Quote:
EBay.ca listings are shown in Canadian dollars even if the seller chooses to sell in US$.


Also, the Canadian prices shown don't factor in the exchange fee. You don't see that until you go to pay. And with the current volatility in the exchange rate even that shown Canadian price can change noticeably within the 7 day time frame of the standard auction.
Pillar of the Community
Canada
5324 Posts
 Posted 08/31/2015  6:56 pm  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
As a Canadian buyer, you get dinged by paypal and your own bank or credit card on US dollar listing, that's around 5 to 6% added thus the coin must be something special or no bid. I am allmost sure paypal has the same charges to the sellers
Edited by john100
08/31/2015 6:57 pm
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