Silver Buyers Here Think They Should Get A 20% Discount?

Whenever I sell on ebay, it comes out to 20% that ebay/paypal take out for fees. So, if you are selling silver on this site and state you are going to list whatever doesn't sell here on ebay, I can see why members are offering you 20% less.

I'm not saying it's fair or unfair to the seller or buyer to do this but I can see the reasons to agree/disagree from both parties angles. At current melt I'm able to buy silver for 18x face from a local dealer when I buy large amounts, and 20x from my local coin shop. If I choose to sell I can drive an 1 1/2hrs to a shop that pays current melt.

Everyone has there own idea of what's fair and unfair. If someone is sending you an offer you don't think is reasonable I wouldn't take it personal and be angered by it. It's simply them reading you want to sell something and they are letting you know what they are willing to pay for it. I've often sent offers to members to buy things for less than the price they are asking. Sometimes my offer is accepted if they don't get what they are asking for, other times they'll thank me for the offer but decline and state they'd rather hold it and try to sell at another time. Either way it goes it shouldn't be taken personal or anger you.

I would think it a variety of factors.

If people are buying silver for silver sake.

Silver has seen a quick rise, and I've noticed a lot more offering in say the last week here. So there's competition. Also with the volatility I would think the people buying silver for silver' sake are trying to build is some safeguard.

ebay will cost you %12. 9% final fee atm, plus %3 paypal which nearly every user on there uses.

If a coin collector is trying to buy your silver, I expect them to be trying to buy it as cheap as possible because silver is high atm and they don't really have plans to sell it.

Also, as Maineman said, people like to haggle. No reason to get bent out of shape, just say no, counteroffer, or go to ebay with it and get more there if you think you can.

Nobody said I was angry.

If I was angry I would have brought my peeps with me

I'm just looking for a discussion as to why some here feel they are entitled to a 20% discount. They can ask all they want...and they may get if someone wants a quick sale. Like I need money for my car's transmission tomorrow.

I also want to hear from people who are selling at such deep discounts when ebay is only a couple clicks away.

As far as fees...

ebay $0.50 insertion fee + Final Value fee 9.0% of sale price (maximum charge $50.00)

Paypal 2.9% + $0.30

So if I sold the $2157 worth of silver I had listed here for spot on ebay my fee would have been $112.85 or 5.23% + I would have charged for shipping and insurance.

I listed it here for $2,060.00 with free shipping.

Just my 3 cent nickel

Honestly, I think just a firm but polite statement in the original post would stop it.

Another reason may be the size of market here. ebay is much larger. I know there's some dealers here who may drop 2k on some silver, but there's far more on ebay. Also, what were you selling? I know a lot o people offer lower on junk silver coins because of metal lose due to wear. Just trying to think of reasons.

Just part of the buying/selling talk. I guess people lowball thinking there is a bigger chance of getting ripped off, as opposed to paying above spot from a dealer.

I think close to spot is more than fair though, and 20% is definitely asking way too much.

I guess they think 20% off spot is a "reasonable offer near spot." I, personally, do not.

Then again, if bvalania's 18x-20x face is representative of "the market," there's your 20%. I can't get that around me though.

Despite the ubiquitous "we're family here" line, from what I've seen in my short time, that doesn't produce favorable pricing for buyers or sellers all that often. Good luck with your sale. Don't let the lowballers get under your skin. I understand, but life's too short to stress out about such things.