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 Replies: 9 / Views: 1,128 |
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New Member
United States
3 Posts |
#1 I have a bill up for sale on ebay which has received numerous bids. I didn't list the specific condition of the bill, just photos. I have been asked by the current highest bidder whether there are any holes or tears in the bill. There happens to be three very small holes (smaller than a pin IMO) and no tears. Is it up to me to reply and specifically state the condition and for all to see that response? I would assume that he made the bid based on info available to him. I wouldn't be opposed to posting that info with a couple of days left in the auction, but don't want to put a screaching halt to what is going on. Same bill (not sure of condition) has been sold recently for over $100 than the current offer. I guess I'm asking whether I should just ignore the requests or respond and at what point. #2 Have 10 Morgan dollars and debating on how best to sell them. Putting them in one sale might limit number of people who would bid. Anything in here special enough to separate? Are Morgan collectors looking to fill out a set, or just to get a good deal on price regardless of qty. 1878-S (not bad) 1880 (not bad) 1880 (okay) 1880-O (pretty good) 1880-S (darker than the others, but in good shape) 3x 1884-O all in okay condition 1889 in so so condition #3 Have a 1931-S Lincoln Penny. Struggling to get a good enough picture (only have a camera on my phone) that will show the S is good enough detail. How much should I expect to get for it. Might take it into a local coin store and see if they'll give me what I am roughly expecting or is that a lost cause. Thanks. |
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Pillar of the Community
United States
642 Posts |
Hello,  to CCF! I think most on here would agree that you as a seller should definitely disclose any problems you know with the bill. First off if you do get a higher price for it, you may get hit with a not as described claim, and have to pay the money back anyway. Second, if you ever plan to sell more on ebay, you want to build a reputation of being upfront and honest with your buyers. The Morgans you listed are all common date Morgans, and will likely go for current melt value either way. People will factor the shipping into that whether you break up the lot or not. Condition is a big factor. You could start by asking the local coin dealer for an opinion on grade. Or if you're camera situation improves you could post pics here  |
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Pillar of the Community
United States
4897 Posts |
Well...um..er...okay.
IMO it is essentially that you ABSOLUTELY respond and tell the bidder what he is getting.
The Morgans...someone else has to answer that one. (Don't collect 'em)
The Lincoln....we would certainly have to see to give any idea. Pretty good, OK, Dark etc....are not helpful AT ALL as to grade.
BTW, welcome to the forum!
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Pillar of the Community
United States
3345 Posts |
to this here community. I would sell the Morgans in two separate lots, of equal value. People like to bid on lots. |
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Valued Member
United States
314 Posts |
The seller does deserve an honest response. If you put up honest information on the item you are selling and the bidding comes to a screeching halt, so be it. Your honesty and integrity should be of more worth than the extra monetary gain from trying to hide something.
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Valued Member
United States
312 Posts |
I agree with everyone on the bill. The more you disclose, the less people will worry about surprises, and the more comfy they are bidding. Especially with bills, since pinholes are never captured in photos. When people buy bills in store they like being able to hold it up to the light in order to see what comes through.
Regarding the Morgans, personally I'd sell them all in one lot if none are AU/MS. I think enough people are looking to put money in silver that you won't really prevent people from bidding if the dollar value is high. Part of the reason I'd say 1 lot is that you'll save on shipping and insurance (if you choose to insure - I always do for anything over $60ish).
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Pillar of the Community
Australia
1244 Posts |
Hi, you should always try to answer questions that people ask you when selling stuff on ebay. Ignoring people on purpose makes it very rude, and means that you have something to hide. Not to mention if they win the item and there not happy with it you can totally expect a neg. The truth is if someone wants to buy your item they will still be quite happy to pay a good price for it. |
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Valued Member
United States
307 Posts |
Most likely the potential buyer is trying to figure out, how much to make his Maximum Bid. If hes bidding and asking questions you know he already wants the bill. The question is how much more is he going to bid. I think if you dont answer he wont increase his max bid. Just answer the truth in a positive way "The bill is in excellent condition for its age, save for 3 tiny less-then-needle-size pricks, that are only noticeable under magnification"
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Pillar of the Community
United States
1213 Posts |
I agree - be honest on the bill. The buyer asked you a question about the condition. You should answer his question honestly.
On the Morgans, I'd sell them as one lot to save on the shipping.
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Pillar of the Community
United States
4897 Posts |
REALLY want to see pics of 31S Lincoln!
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Replies: 9 / Views: 1,128 |
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Posted 04/09/2011 10:59 pm
