Ebay Sets Error Coin Prices?

I think it is hard to set a price on something like this due to the fact that there are so many different errors and some errors are more profound than others, etc.... ebay yields a decent way to gauge a market price (as long as the item is advertised correctly and pictures are good which yours seem to be) because it reaches millions of people all over the country and the world.

Yeah, you'll get more bids as it is a pretty nice struck-thru. I could see this coin going for at least $20-25, but I'm just completely guessing. Could be more. I've seen some less dramatic coins go for $40.

Glad to see some opinions.
Good to hear from people that have sold on ebay and watch ebay closed auctions

When you look at it any profit is a good profit

So I am happy just making a profit.

The shipping will cost me 44 cent , ebay cost to list is 30 cents
cost of the coin one cent ,15cents for envalope.

So out of pocket expenses will be 90 cents

You guys are right who knows what it will do last minute bidders and all.

coppertop5150, if you are going to sell coins, may I suggest making an effort to package them securely ? Buying those corrogated coin mailers was my best move in that respect.They cost 40 cents a piece but people really don't mind paying a buck or two for shipping if it means getting their coin nicely packaged.At the very least cut up a cereal box and get some protection. And I'm basing this on what you just mentioned above..I'm picturing a 2x2 in an envelope..that can ruin your feedback from the start.

grr good points , everyone good points

When I ship out a coin...I put it in a 2x2 and then put the 2x2 in a baseball card top loader. I have a few hundred in boxes from my card collecting days. The top loader will protect the coin as the bubble mailer and the 2x2 can both be penetrated easily during shipping and scratch the coin. It will take a lot of force or sharp object to cut through the top loader. The top loader is light and does not (at least it has not for me yet) affect the shipping cost. Just tape the end of the top loader closed, toss it in the bubble mailer and your set. Safe shipping.

yea maineman,

I only used ebay to buy stuff never sell

18.39 is excellent with me !

OP:

I agree that ebay is the easiest and most accurate way to gauge coin value. However, it is important to note a few things about ebay and auctions in general.

1. Fees & Costs - ebay charges about 9% of final sale price, on top of initial listing fees. If you accept Paypal, it will cost you another 1% or so. Don't forget shipping costs. Estimate that you are really only bringing home about 85% of final sale prices. And don't be that guy who sticks it to people with outrageous shipping charges.

2. Time - For sellers, auctions are a large time investment. Listing your item, photographing, researching all takes time... especially if you intend to post decent pictures.

3. Volatility - Auctions can be flat out unpredictable, and all have a component of uncertainty. If you examine completed auctions that actually sold, you will typically see a large variance in the final sales price. Rarer items will show more variance. In addition to being affected by long term economic trends, auctions are subject to short term economic conditions, like the holidays or tax season.

Coppertop -

I wouldn't recommend storing coins in paper. I stored a 1987 American Eagle in a paper towl after getting it in 1993. I pulled it out last year and it is toned black on both sides. Ugliest coin I ever saw, I sold it that day for melt. And cleanex has lotion, oils and chemicals in the paper. Even for temporary storage or shipping, I'm not so sure that is a good idea. :/