|
This page may contain links that result in small commissions to keep this free site up and running.
Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads and the security checks. It's Free!
To participate in the forum you must log in or register. | Author |
 Replies: 5 / Views: 1,102 |
|
|
Valued Member
United States
411 Posts |
I have never sold anything on ebay. I'm thinking of giving it a go. My question goes directly to the issue of pricing. Since I discovered ebay, I've noticed that toned Washington quarters from the 50's, slabbed by PCGS regularly sell in auctions and in BUY IT NOW for very HIGH prices. I know because I got outbid on every one I found until I gave up. Just a few days ago I saw a similarly toned 1958 Wash quarter, MS66 graded by PCGS sell for almost $500. As it happens, I have a 1958 and a 1959 quarter, both of which are attractively (to me), heavily toned. The 58 is MS66 and the 59 is MS65, both graded by PCGS. It is certainly tempting to try to follow in that seller's footsteps, even though a 58 quarter in MS66 condition has a very modest value. And this is not an isolated incident. Do a search. People are paying big bucks for certified toned coins. I'd part with my quarters for such a premium. I can't help but think, though, that it would somehow be wrong and deceptive. Do I have a responsibility to protect a buyer from him/herself? Is it enough to provide accurate photos and description, pointing out any potential issues with the coin and leave it at that? What about BUY IT NOW? If I put those quarters up there for what I consider a ridiculous premium, and describe them as accurately as possible, have I fufilled my ethical obligation to potential buyers? These are the coins, by the way (the colors are more vivid that in the pic, and the luster is abundant):   |
|
|
|
Moderator
 United States
23522 Posts |
In my opinion you are satisfying the most demanding moral and ethical judgement by listing the coins as honestly as you can. Include the best possible pics, be absolutely accurate in your description, and ask whatever price you think the market will bear.
It is not for you or I to judge what another considers the worth of a given coin. Those who are turned on by toners are spending discretionary income on items which they personally have great appreciation for. They also probably have a better feel for the market worth of such a coin than we do.
Remember, in the end analysis, numismatics is a purely subjective hobby, regardless of any attempt to quantify quality. Beauty is in the eye of the beholder, as is the decision whether their hard-earned cash is to be used to acquire such beauty.
Edited by SsuperDdave
05/24/2006 6:01 pm
|
|
Bedrock of the Community
United States
12437 Posts |
I do not think that it would be unethical at all to list a toned coin at a high BIN price as long as the auction itself is not rediculously overhyped like some people do. A buyer can be assured that they are accurately graded since they are slabbed by PCGS, not some guy in his mom's basement. I have seen people pay double or more over the greysheet ask for rainbow Morgans and not bat an eye. Some collectors only want atractively toned coins and will pay big money for the nice ones. I think that accurate photos, excellent descriptions, and no hype always make for good honest auctions. After that, it is up to the buyer to decide if the coin is worth that price to them.
|
|
Pillar of the Community
United States
1703 Posts |
quote:
Originally posted by SuperDave
In my opinion you are satisfying the most demanding moral and ethical judgement by listing the coins as honestly as you can. Include the best possible pics, be absolutely accurate in your description, and ask whatever price you think the market will bear.
It is not for you or I to judge what another considers the worth of a given coin. Those who are turned on by toners are spending discretionary income on items which they personally have great appreciation for. They also probably have a better feel for the market worth of such a coin than we do.
Remember, in the end analysis, numismatics is a purely subjective hobby, regardless of any attempt to quantify quality. Beauty is in the eye of the beholder, as is the decision whether their hard-earned cash is to be used to acquire such beauty.
Exactly. There worth whatever the market will bare. As long as you give an accurate discription and are truthful in you discription,you have nothing to feel guilty about. |
|
Valued Member
United States
157 Posts |
Agreed with the others. Just describe it accurately without too much overhyping, get a good image of it that represents the look of the coin accurately, and let the chips fall where they may. My poster child for this was an AU-50 1891 Indian cent a couple years ago which sold for $51. I suspect two people entered "nuclear snipes," the lower of which was for $50 (which they probably thought sufficient for winning). At first I wondered if this was some cool variety I was missing, but it wasn't as far as I know. I represented the coin accurately and someone chose to pay me 3x market value for it; it was their prerogative to do so. |
|
Valued Member
United States
177 Posts |
I know from experiance that you will be lucky to get $300 for a coin that is worth $500 if you do not have a good feedback rate with lots of feedback and lots of coin selling experiance. I , personaly, wont buy from someone with less than 80 fedback and 98%good feedback. there is no question on ethics, but you might actualy get more though "i sold it on ebay" or another like company that sells items for you for a fee. this is because they have branches across the country and almost 1,000,000 feedack and 99.9%. so I think you should go for it, if you already have an account |
| |
Replies: 5 / Views: 1,102 |
|
To participate in the forum you must log in or register.
 
- Help Identifying A Silver Medal/Token — Faravahar / Cyrus Cylinder, Pahlavi, 2 Sizes
- 1879 Schoolgirl Silver Dollar Pattern, PCGS PR-65, J-1608, Pogue Collection
- 1914 $100 Federal Reserve Blue Seal Star Note, PCGS EF40, Low Serial Number
- My Mint Order Just Came In - Proof Gold 4-Coin Set
- 2026 Top Gun 40th Anniversary 1-Oz Silver Coloured Coin
- 1916-P Buffalo Nickel DDO?
- Commems Collection Classic: Quick Bits 169 - A Brief Look At Joseph Cochran
- 1958 D (Lwc) 1MM-052 ? And Die Clash Coin #3
- 1958 D (Lwc) 1MM-052 ? And Die Clash Coin #2
- 1958 D (Lwc) 1MM-052 ? And Die Clash Coin #1
- 1909-VDB Lincoln Cent. Sintered Planchet?
- 1980-P Dime Extreme Wear, Struck Through Grease, Something Else?
- Another Late Roman Gloria Exercitus From The Constantine Family
- Valentinian II, Aqueleia Reparatio Reipvb
- 1955 D Wheat Cent, RPM With Possible New Variety
- Herbert Hoover Presidential Silver Medal Available On November 18, 2026
- Commems Collection Modern: What If? 2008 St. Gaudens UHR Palladium Coin - Part II
- Commems Collection Modern: What If? 2008 St. Gaudens UHR Palladium Coin - Part I
- Found New Rolls Of Old Pennies, What To Do?
- 1833 Half Dollar Authenticity And Attribution
Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us | Advertise Here | Privacy Policy / Terms of Use
|
| Coin Community Forum |
© 2005 - 2026 Coin Community Forums |
| It took 0.35 seconds to rattle this change. |
 |
|
| |
| |
Posted 05/24/2006 6:00 pm
