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Ebay Seller Mark-Up Of Over 140% Seems Innapropriate / Unethical

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Collects82's Avatar
United States
1316 Posts
 Posted 01/13/2021  10:22 am  Show Profile   Bookmark this reply Add Collects82 to your friends list Get a Link to this Reply
IMO the markup was simply the seller doing the work to buy inventory, photograph, and market it. They should get paid. They took a financial risk on the inventory, then used their time, equipment, and skills to photograph and re-market the piece. I'd want a lot more than 20-30% for putting all of into something as well. - I work in an industry where we don't touch a project if we can't get over 10X our cost on the goods. That other 90% goes to the work like he did, commissions, salaries, profit, etc.
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Wade's Avatar
Canada
2781 Posts
 Posted 01/13/2021  10:53 am  Show Profile   Bookmark this reply Add Wade to your friends list Get a Link to this Reply
30% barely covers ebay fees.
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one_fine_dime's Avatar
United States
591 Posts
 Posted 01/14/2021  12:20 pm  Show Profile   Bookmark this reply Add one_fine_dime to your friends list Get a Link to this Reply

Quote:
On all the pictures of the coin you posted it looks no better than AU / cleaned to me.

Luster looks dead.

At TPG it will most likely NOT straight grade.


Yep, that's why I was reluctant to pull the trigger the first time. The photos were fuzzy, and hard to tell how much luster if any. Even with these new photos I couldn't tell if there was any luster or just bad photos. I don't know about others, but I find many sellers have the hardest time capturing luster in photos they post on ebay. I'll just return it if in fact it's lackluster (and/or looks cleaned) in hand.

Thanks!
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Zurie's Avatar
United States
5675 Posts
 Posted 01/14/2021  2:20 pm  Show Profile   Check Zurie's eBay Listings Bookmark this reply Add Zurie to your friends list Get a Link to this Reply
You can often get a sense of the luster by looking over other coins from the same seller. I found this ebay seller, and several of his other coin listings show excellent luster, taken with the same background and lighting. So I suspect the lack of luster on this coin is due to overdipping or a cleaning, not bad lighting.
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macmercury's Avatar
United States
5833 Posts
 Posted 01/14/2021  8:34 pm  Show Profile   Bookmark this reply Add macmercury to your friends list Get a Link to this Reply
Agree with lacking luster and cleaned, for the money it would need to be better.
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