| Author |
 Replies: 11 / Views: 1,588 |
|
|
Moderator
 United States
56855 Posts |
I am thinking of selling my hoard of copper Lincoln cents here on CCF and I would like some feed back from you all. I was thinking of selling $50 in face value for $80. That would include Priority Flat Rate shipping,that's the box where I can ship up to 70 Lbs. right? It should hold $50 face,right? Also would add tracking. So $12.00 shipping,1.00 tracking and $50.00 face = $63.00. I would be making about $27.00.I was thinking of accepting cash,USPS money order or PayPal gift.Does this all sound about right to you? If someone pays with PayPal, how long before the money is in my bank account? Thanks much.
John1 
|
|
|
|
Rest in Peace
 United States
1380 Posts |
John, recheck your math, I think you only net $17 at those figures.
|
|
Pillar of the Community
United States
1256 Posts |
Not sure what box you wanted to use but...
The best shipping deal will be $100 face (68lbs) in a large flat rate box ($15)
$100 Face
$ 15 Ship
$ 1 Track
$ 60 Take
-------------
$176 Total
Hope this helps.
|
|
Moderator
 United States
56855 Posts |
jgfindring, My bad 
timsumrall, Would $100 face fit in the box? Thanks,
John1
|
|
Pillar of the Community
United States
3592 Posts |
John1...$100 FV will fit in a medium flat rate...I sell that way on ebay. |
|
Moderator
United States
56855 Posts |
Are the coins you sell loose in the box or rolled? Thanks John1 |
|
Pillar of the Community
United States
4000 Posts |
On the paypal, depending on if you wait for the transaction to completely follow through, it takes 3 days from the time you request the withdrawal until the time it hits your bank account. At least it does for me.
I usually wait until I know the customer is completely satisfied before requesting the funds, just in case.
|
|
Moderator
United States
56855 Posts |
Scooby Due, you have to request the funds? The money doesn't automatically go into your bank account? Quote:
I usually wait until I know the customer is completely satisfied before requesting the funds, just in case. Doesn't that leave you hanging, what if you send out something worth $100.00 and the buyer doesn't pay you? Thanks, John1 |
|
Pillar of the Community
United States
4000 Posts |
It goes into your paypal account and you have to request a withdrawal for it to transfer to your bank.
I wait until the transaction is complete before requesting the funds from paypal. So if there is a refund needed, I don't have to pay the paypal fee to re-transfer funds back to it.
|
|
Pillar of the Community
United States
3592 Posts |
John1, I put my pennies in a heavy duty plastic bag with a few wraps of tape around just in case.I use the bags that I get my pennies in from the counting machine.
|
|
Bedrock of the Community
United States
20753 Posts |
One more idea is a banks Cashiers Check. Most banks will give you those if you have an account for free. And a Cashiers Check is the same a cash you know. Then no need to pay for a USPS money order, paypal stuff, etc. You just have the same as cash.
|
|
Pillar of the Community
Canada
1161 Posts |
John1. When PayPal is used for payment. The funds enter your PayPal account instantly when the buyer completes the PayPal transaction. You will have access to the PayPal funds instantly. From there you have to request from PayPAl to transfer your funds to your approved and verified bank account that you registered with PayPal. This transfer can take several days. Usually 3 - 7 business days. For me...it takes between 5 - 7 business days as I live in Canada which takes longer then a USA bank transfer. I do agree with Scooby that I leave the money in my PayPal account until the buyer has left feedback from their purchase. Makes life easier just in case the buyer is unhappy with what they have received and request a refund.
|
| |
Replies: 11 / Views: 1,588 |
|
Posted 02/07/2011 1:41 pm
