Earning Money On Coins

Slerk, I would recommend not putting auctions at 1 cent, that's how the buyer gets the better deal than the seller. Unless your just doing it to get some your feedback(stars) up.

Yes but slerk is putting modern world coins for auction which IMO will do better in "Buy it Now".

The problem with starting auctions at 1 cent is quite often everybody makes money EXCEPT the Seller.....

I agree that auctions with 1 cent are a loss of money and time for the seller, but this is not always the case. I believe that it can make a profit, but only if you already have enough customers.

News flash, most of use are in the same boat. First thing is to get about 25 years of serious study in numismatics under your belt and also practice hard until you have the grading skills of a world class grader. Then you will be able to spot undervalued and/or undergraded coins that you can buy and flip for a profit.

Basically your question is like going into a conservatory and announcing "I want to be a concert pianist, how do I do that?"

Oh, I see.
I personally would combine coins to a fewer amount of listings and build type sets, like late USSR coinage - 1 to 100 roubles, etc.
It will bring more value to people collecting world coinage by type. Would do same with stamps. I don't too much into postcards, but currently with offerings like this - "Russia 20 Roubles 1992 LMD, Y# 314" you are targeting a really small audience - people who a)collect USSR coinage b)building a date collection c)missing a specific coin to build a set. Also this coin is almost nothing IMHO and you can't expect that some one would pay even a $1.

By building a type set you target more people and also you increase the value - set might be sold for more than sum of the each coin values.
Since you already an advanced seller I would think about offering more interesting and expensive stuff with reasonable pricing for BIN.

One more thing - ebay rates you according to your specialties making you more visible in selected categories. You offer a variety of different goods from pocket change to coffee beans. Being more focused on your top categories like Russia/USSR coinage would increase your visibility in this category and bring more views. I would also consider a basic store subscription which gives you access to ebay visibility data so you could evaluate categories of goods you offer and see which ones get you more views/clicks and what is sales conversion rate - how much views on average you need to get a listing sold.
Meanwhile try to perform a simple test, use your browser in private mode, enter ebay as anonymous and try to find some of your goods using simple search with basic keywords. Don't filter the search results, scroll till you find your goods with default "Best Match" option enabled - do exactly as 90% of your customers do. It might help to realize how visible you are and what could be improved :)

I learned a long time ago that profit is made when you buy & collected when you sell. You absolutely have to buy at below market prices (wholesale).