| Author |
Replies: 8 / Views: 2,079 |
|
|
Valued Member
United States
439 Posts |
While I am at work I watch ebay to see what is going on. I bring up a website and check bids against what a bill "should" be valued. Is it me or do people really overpay by alot on that site. The "buy it now" always seem to be about double what a bill should go for. Comments?
|
|
|
|
Pillar of the Community
United States
2120 Posts |
oh yea. bidding wars are killer on ebay. and BIN are almost always over priced. Usually its for that reason that I will just put the most I'm willing to pay, and forget about it. I've turned off "out bid" and "sorry you didn't win" emails. All I get are question and "you won" emails. Otherwise I would get caught up in the, "well its only a few more dollars."
|
|
Valued Member
United States
364 Posts |
Agree 100% with Ian. It's best to keep psychology out of these things -- best to be cold and objective when buying.
|
|
Pillar of the Community
United States
3592 Posts |
Some of the high priced "buy it now" is just to cut down on the number of offers they get to that effect. Ian's method is the only way to buy on ebay, but I've gotta admit when you're a seller, it's great to watch emotions come into play on your auction.
|
|
Valued Member
United Kingdom
497 Posts |
You can get some ok deals with buy it now as long as there is the best offer option is open and the seller is willing to haggle - I always list my own buy nows at least 1/3 above my target price...sometimes you get lucky with a high offer
www.kingstoncoincompany.co.uk
|
|
Bedrock of the Community
United States
10982 Posts |
Many of the coins I've viewed on ebay seem to be priced reasonably at BIN prices. Sure there are some crazy high prices but the Bing Cashback deal pushed some of those prices up and since that ended, the BINs have dropped a touch. At least on what I'm looking at. ebay did sign me up for 2% back via ebay Bucks after the Bing promotion ended so that helps a bit. EDIT: I didn't notice this was posted in Paper Money Forum. 
Edited by BH1964 10/06/2010 02:09 am
|
|
Valued Member
United States
374 Posts |
yes bidding wars suck. but what is even worse is when you lose for a 1.00 more. BIN I wont even consider for the most part.
|
|
Pillar of the Community
United States
1285 Posts |
At times the BIN is cheaper than what auctions end up at and I have bought some items in this manner. For some reason when there is free shipping folks tend to over bid (jmo). As per the published prices -- Some are way over, others way under and most are about 30% over priced. Short run "stars and regular blocks" are not well represented in "some" of the books unless you do a lot research and sort this out. Unlike coins, currencies have serial numbers and are track able.
|
|
Pillar of the Community
United States
4846 Posts |
i hate to leave when there is 30 minutes left because it happens so often that I get beat by 10 cents. and of course, those are extremely below melt/value
|
| |
Replies: 8 / Views: 2,079 |
|