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 Replies: 18 / Views: 5,895 |
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Pillar of the Community
United States
6370 Posts |
I listed the 1859 and the 1866 on ebay as $0.99 no reserve auctions. The 1866 sold for $9 (about $5-10 less than I was expecting) and the 1859 sold for the stupid low price of $2.75. I sold an 1861 that I paid $1 for for $9, so that makes up for part of it. Am I doing something wrong? Why haven't I ever had any luck with ebay auctions? They always sell for half or less than they are worth (worth being what comparable specimens sell for on ebay). Suggestions? http://www.ebay.com/sch/typecoinkid...046732.m1684That's the last time I put stuff up for auction. BIN OBO from here on out. Edited by TypeCoin971793
01/23/2016 3:04 pm
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Forum Dad
 United States
24175 Posts |
Your titles need some work. For example "cent" is technically correct but more people likely search "penny".... and you missed all those people. No reason they both can't be in there. No one searches "one year type" or "first year" so get rid of those and put some words in there buyers will actually search.
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Pillar of the Community
 United States
6370 Posts |
Thank you Bobby. How stupid of me. I forgot that ebay was not CCF as far as titles are concerned. |
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Rest in Peace
United States
17900 Posts |
There are hundreds of each of those separate items on ebay at any time. Search results yield plenty of options. If the item you are selling (as in these cases) is common or of a lower grade their are fewer buyers than the number available. On the other hand, if your 1859 IHC is MS63, encapsulated or not, there are few for sale, and those that are offered always sell at reasonable prices (anything below $700). "Common" dates and or grades frequently sell for almost nothing. The same as a dealer would pay, or close to wholesale. |
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Forum Dad
United States
24175 Posts |
Just to show you what I mean, ebay's search suggestions are ordered by what people actually search. Look at number 1 when you type in Indian....  |
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Pillar of the Community
United States
1911 Posts |
It also just depends on what you are selling too. I see a TON of IHC good and bad go for not that much on there. But I agree the about the titles. It may also be the timing of when your auctions end. Usually on a weekday during the workday there will be less people bidding since some may be at work. I find for mine around 7pm central is a good time but then again I usually sell junk silver. Lastly no matter what it all depends on who is bidding at the time and some auctions just go for cheap because one lucky person gets it without too many others bisding. |
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Pillar of the Community
United States
912 Posts |
Looking at the auction for the "1864 Bronze no-L Indian cent, strong sharp EF+!" - it appears to have been cleaned and that may also impact the # of bids. |
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Pillar of the Community
United States
6370 Posts |
The 1864 and the 1857 I ended because they sold at my coin club.
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Pillar of the Community
Canada
4944 Posts |
Quote:There are hundreds of each of those separate items on ebay at any time. Search results yield plenty of options. If the item you are selling (as in these cases) is common or of a lower grade their are fewer buyers than the number available.  The supply drastically outweighs the demand. |
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Moderator
United States
16679 Posts |
What I do for example. Title and description is paramount. I don't just put this: 1892 Barber dimeI put this: 1892 Barber head Dime 90 percent silver old US coin swcoin.ecrater.com
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Pillar of the Community
United States
6370 Posts |
Thanks everyone! You have been a great help!
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Pillar of the Community
Canada
4944 Posts |
I would also remove the grade from the title and listing description for raw coins.
By letting bidders determine the grade of the coin on their own, they may come to the conclusion that the coin is a higher grade than it may actually be, which could result in higher bids. There is also the chance that having grade in the listing, could make it easier for a buyer to claim the item is not as described, if they disagree with the grade assigned.
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Pillar of the Community
United States
7375 Posts |
All good suggestions if you are insisting on auctions. Imo it also pays to not be in a hurry. You can also list them as BIN's with possible best offer, and wait. Maybe have a couple of auctions to get people to look at your stuff.
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Pillar of the Community
United States
4469 Posts |
Start your auction at the minimum price that you are willing to take for the coin. If it does not sell in 21 days reduce your starting price. I do not do 99 cent starts anymore as I also have had coins sell for less than their value.
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Valued Member
299 Posts |
It proves that you can sell anything if the price is low enough. If I offered my house @$500, it would be sold in 2 seconds with thousands of angry late buyers ... at the price I'd like to receive, I may as well plan on living here until I die.
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Pillar of the Community
United States
2403 Posts |
I agree with Slider. The few things I have sold on ebay I have always started bidding out at my lowest I am willing to take for item. There are millions of bidders on ebay. Doing it this way will get you QUALITY (serious bidders) bids not QUANTITY bids. |
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Replies: 18 / Views: 5,895 |
Posted 01/23/2016 3:22 pm
