YIKES! I never expected to see such (supposedly) high-buck bucks listed on ebay... assumed they would find better buyers on dedicated currency auction sites.
Both of these have Make Offer available so the seller doesn't appear to know the approximate actual value and chose currently to list with a very high buy it now price to catch attention with make offer to get a feel for its value rather than do an auction either on ebay or another like heritage auctions/great collections to see if they perhaps can get more than what its likely actually worth.
Generally keep in mind that any price shown is simply an asking price as well so many of these listings may never sell at the listed price (Exactly Hondo). This regularly gives people wrong impression on values when they go only by listed prices and dont have other methods to check a value. Its usually best to check sold listings for actual prices such as if you are casually looking for things to buy, Or if you sell often you can try terapeak to research product for actual prices and what competitors sell things for. Great when you also want to know what is good to list and at what prices they sell for.
Yes there are high value items sold legit on ebay as well, depends on the product as to the best option where to put it in front of the right buyers.
Quote: Both listings are horrendously overpriced and do not reflect their true value.
However a seller can ask whatever they want to get, it doesn't mean the item is worth anywhere near the asking price, unless it actually sells in a legit sale to a buyer.
In this case they are really just hoping, more than seriously thinking they will get their asking prices.
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It's an extremely effective selling technique used by tons of sellers and has been for years. I have no idea why people get their panties all in a bunch over it. Most wouldn't put a ridiculous price if ebay didn't force them to put a price at all.... which they do. ebay should just let people run "make offer" listings with no BIN, makes no sense.
People flock to Kohl's where they triple the retail price and give you 50% off but this is apparently the end of the World.
ebay has a monthly selling limit of $160,000. Just Saying
Quote: I wonder what the ebay fees are for stuff like this?
Actually quite convenient. 12.9% fee on the first $7500, then 2.35% on the portion of the sale over $7500. The fee on this listing if it sold would be $2750.67 or 3.3%.
Things were a lot easier back when the ebay fee was 9% then 10%.
Fees are pretty much irrelevant here. The many sellers that use this method know it's an unrealistic price but if they want to collect offers for a week they have to do it.
Still, I wonder what would happen if someone DID "buy it now". The seller would then be on the hook for fees, and if the person actually PAID for the bill, there would then be INCOME TAXES involved. Is it really worth the risk of putting these nutty listings out there?
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Posted 01/02/2023 8:25 pm
Uncirculated American Silver Eagles 
However a seller can ask whatever they want to get, it doesn't mean the item is worth anywhere near the asking price, unless it actually sells in a legit sale to a buyer.
Maybe some naive billionaire will take up currency collecting.
