Sold 8 Rolls Washington 90% On Ebay

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Author	Replies: 6 / Views: 1,573
JayDon62 Valued Member United States 138 Posts	Posted 03/08/2011 2:22 pm My Net was 86.9% of the spot price. The fees really kill you! I sold on 8 consecutive days mostly 1930's/40's'50's dates (I wanted to sell all my worn quarters. (They were checked, no key dates). I am still very bullish silver and am buying back 1960's dated quarters. (When stacked there is about a 1/4- 1/2 inch more silver in 1960's!) Here are the results (all the average per roll) Ave price of silver per roll $254.53 Ave price realized (incl s/h) $256.56 ebay fee ($23.09) Paypale Fee ($7.74) Postage ($2.76) Net per roll $222.97 Pct of Silver value 86.91% So on ebay, you can expect to buy silver quarter rolls at a little over silver value and sell at a 13% loss Report this Post to the Staff

Silverhawk74 Pillar of the Community United States 3670 Posts	Posted 03/08/2011 3:09 pm Nothin much left on the bone after ebay an Evilpal get their cuts eh.... Report this Post to the Staff
vinnycoin Valued Member Canada 442 Posts	Posted 03/08/2011 3:45 pm You can post a lil more here and once you reach 250, you have access to the BST forum. at least you can cut out some of the fees. Report this Post to the Staff
Scooby Due Pillar of the Community United States 4000 Posts	Posted 03/08/2011 3:52 pm Quote: So on ebay, you can expect to buy silver quarter rolls at a little over silver value and sell at a 13% loss Of course, that's assuming you bought and sold at the same spot price. If these were rolls you bought when spot was $25/oz, then you are just netting 13% below current spot, not a 13% loss. Report this Post to the Staff
mkman123 Pillar of the Community United States 3184 Posts	Posted 03/08/2011 4:05 pm that stinks! I wished they allowed money orders instead of paypal which allows ebay to collect even more money! Report this Post to the Staff
JayDon62 Valued Member United States 138 Posts	Posted 03/08/2011 4:10 pm lol No these quarters were acquired at $.25 a piece by Grandmother, and other relatives. So the % increase per piece is quite high! Sold at $222.97 "acquired" at $10 is a 2229.7% increase. Cheers Report this Post to the Staff
OneBowl Pillar of the Community United States 759 Posts	Posted 03/08/2011 6:41 pm Great info. Nice to see hard facts. Thanks. Report this Post to the Staff
	Replies: 6 / Views: 1,573

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