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Silver Coin Cleaner, Yea/Nay?

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NDBirdman's Avatar
United States
747 Posts
 Posted 02/13/2019  12:46 pm  Show Profile   Bookmark this reply Add NDBirdman to your friends list Get a Link to this Reply

Quote:
I think he can get slightly above melt for this coin on the bay.

I've thought about selling a few I have that I believe would bring a little bit over melt. I have not sold any there, don't know If I will. By the time e-bay gets their cut, paypal gets their cut, on a cheap coin, my train of thinking in the end I get less the melt. That's why I have a few rolls of melt value morgans/halfs/quarters/dimes.

I'll ask this on that subject then. If I get $15, $20, $30 on a coin, how much would I lose in commission to those folks?
Valued Member
cableguy815's Avatar
United States
414 Posts
 Posted 02/13/2019  4:10 pm  Show Profile   Bookmark this reply Add cableguy815 to your friends list Get a Link to this Reply
I'm assuming you do not have a sellers account on ebay and as such, you will be charged a 10% fee on the sale of the item + shipping, and another roughly 3% by paypal (assuming a US buyer, for international buyers, paypal charges about 5%).

So your ballpark fee cost is about 13% which is $3.9 on a $30 coin. I'd charge buyers shipping cost as those will completely destroy your entire margin if you do not.
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NDBirdman's Avatar
United States
747 Posts
 Posted 02/13/2019  11:16 pm  Show Profile   Bookmark this reply Add NDBirdman to your friends list Get a Link to this Reply
Thanks for the reply. I don't have a sellers account there. I'm thinking with that charge and the hassle of selling only a couple inexpensive coins, I'll just put them in the silver stack. I put one on here in classifieds and none seem to be interested so I may just hang on to what I've got, my silver stack/bag is starting to grow nicely. I'm sure glad this is just a hobby for me. :-)
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