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Ebay Bulk Orders. Worth It?

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walk2dwater's Avatar
Canada
2578 Posts
 Posted 04/18/2020  12:51 pm  Show Profile   Bookmark this reply Add walk2dwater to your friends list Get a Link to this Reply

Quote:
Too many sellers have the starting bid at full retail.

-Very true "JohnK" but I cannot blame sellers (who do this) as I have sold a lot of CDN banknotes on ebay and either broke even or lost $ (when you factor in Paypal & ebay fees). I'm so bent on keeping good +ve feedback I have always honoured a sale (regardless if it cost me).

Although the market is shrinking (due to pandemic postal restrictions) there are still some good TAsL out there but they're becoming scarcer to find.

My advice to anyone looking to get into banknotes is always the same: take your time (know when to back down on an auction). There is no excuse to rush into a purchase & not know what you're buying (with all the free references out there online). Check out my site (I have a page with links to all sorts of references). Sure I spend time "on the hunt" but I also spend a lot of time just researching & getting to know World notes better.

If there is one thing I have learned: 99% of the world stock on market is for just ordinary run-of-the-mill stock (regular prefixes). Only scarcer (typically uncommon older series) or very popular series variations (short-lived CDN Devil's Face/Seychelles "SEX" notes) will always do well (& you can bank on em rising in the future) so remember that when bidding. You will rarely see excellent "collectible" items listed on the bulk seller's huge selection of notes (though they will sometimes surprise me). I have bought 70-100 year old UNC notes from "Yuri" for 30-40% less than BV (cheaper German/European inflation notes). They're not rare but I like them (& I've seen circulated examples for as much or more).

"Oriole" if you wish to buy some decent CDN banknotes for far less than a dealer can sell them to you - pls PM me.
Pillar of the Community
walk2dwater's Avatar
Canada
2578 Posts
 Posted 04/20/2020  5:37 pm  Show Profile   Bookmark this reply Add walk2dwater to your friends list Get a Link to this Reply
The 3 Euro banknotes listed in this post (2 from Greece & 1 from Portugal) were my 1st ebay bulk buy back in 2014 or 2015 (after returning from my 3rd trip to Europe). Still very new to European &(world banknotes) http://goccf.com/t/371945#3190454 & since learned that the Portuguese 20 Euro was printed by TDLR in GB (which turns out to be a tough variety). It was BIN for over BV but I know I did quite well considering I have only seen a few Euros printed in England since. My experience thus far has been that the more you pay (& less you get) in bulk -the better the transaction (for the buyer).

Here is another BIN 2002 German set I picked up from a US based seller for just a wee bit over BV (which was amazing considering they're the tougher Duisenberg signature variety):
Ebay-Bulk-Orders.-Worth-It?
Ebay-Bulk-Orders.-Worth-It?
Ebay-Bulk-Orders.-Worth-It?
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