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How To Really Make Money On Half Dollars...

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Valued Member

United States
163 Posts
 Posted 05/19/2011  04:18 am Show Profile   Bookmark this topic Add jarwulf to your friends list Get a Link to this Message Number of Subscribers
http://completed.shop.ebay.com/i.ht...pg=50&_rdc=1

Returns look like they regularly reach from 10% to 50% sometimes even close to 100%. Seems far more lucrative and easier than roll searching. Just order a box break it open to check the ends and then let the suckers snap it up.
Edited by jarwulf
05/19/2011 04:21 am
Valued Member
Awesome Wally's Avatar
United States
176 Posts
 Posted 05/19/2011  05:48 am  Show Profile   Bookmark this reply Add Awesome Wally to your friends list Get a Link to this Reply
Who is selling those, P.T. Barnum?
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biggfredd's Avatar
United States
9104 Posts
 Posted 05/19/2011  06:57 am  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply
I'm seeing $10 rolls selling for $9.99 plus $4.99 shipping. Unless he's stealing postage from his employer, the only one making money is ebaY/payenemy.
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CoinHunter53562's Avatar
United States
2049 Posts
 Posted 05/19/2011  07:34 am  Show Profile   Bookmark this reply Add CoinHunter53562 to your friends list Get a Link to this Reply
I agree with Fredd. I'm seeing plenty that ended at $9.99. When ebay and Paypal fees are considered, and shipping materials and such, even rolls sold for $12-$14 aren't making a killing by any means.
Valued Member
United States
312 Posts
 Posted 05/19/2011  10:03 am  Show Profile   Bookmark this reply Add mshev to your friends list Get a Link to this Reply
Not really sure what the motivation is to do all that work in order to make ebay money...
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Chriscoinmaster's Avatar
United States
337 Posts
 Posted 05/19/2011  10:47 am  Show Profile   Bookmark this reply Add Chriscoinmaster to your friends list Get a Link to this Reply
I don't see how people can look at this and wonder why the seller is selling.
My question is why are the buyers buying?
Bedrock of the Community
United States
20753 Posts
 Posted 05/19/2011  10:57 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply

Quote:
I don't see how people can look at this and wonder why the seller is selling.
My question is why are the buyers buying?

Your kidding of course. Why everyone knows that in UNSEARCHED rolls, bags, boxes, etc. of coins a person may find a fortune.
Only close to UNSEARCHED is my (wife, mother, father, etc.) died and left me all these. I no nothing about coins so selling them for .......
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Tunnioc's Avatar
United States
3170 Posts
 Posted 05/19/2011  12:35 pm  Show Profile   Bookmark this reply Add Tunnioc to your friends list Get a Link to this Reply
Unsearched possible silver
Valued Member
United States
163 Posts
 Posted 05/19/2011  2:22 pm  Show Profile   Bookmark this reply Add jarwulf to your friends list Get a Link to this Reply
I agree with Fredd. I'm seeing plenty that ended at $9.99. When ebay and Paypal fees are considered, and shipping materials and such, even rolls sold for $12-$14 aren't making a killing by any means.

I took another look at ebay fees and as long as they keep things under a box/month they'll only get charged 9% total price. So thats around 11.50 (assuming 3 dollar ship) to break even). Maybe not much but is it any worse than rolls searching nowadays? Plus you can get lucky and hit a 15-17 more often than finding the dream silver hoard. One buck profit every 5 rolls is like pulling a 1964 every box.
Edited by jarwulf
05/19/2011 2:27 pm
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CoinHunter53562's Avatar
United States
2049 Posts
 Posted 05/19/2011  2:59 pm  Show Profile   Bookmark this reply Add CoinHunter53562 to your friends list Get a Link to this Reply
Yeah I see what you're saying jarwulf. It just seems like alot of work for very little return once you factor in the time to pack up the rolls to ship them, getting them to the post office, etc. The margins are so little that one would probably be better off getting a part time job. Just my honest opinion....besides, I wouldnt have the will power to not open the rolls and look for myself. :)
Valued Member
United States
312 Posts
 Posted 05/19/2011  4:11 pm  Show Profile   Bookmark this reply Add mshev to your friends list Get a Link to this Reply
$11.50 + $3 shipping = $14.50 to break even. That'd rarely happen. And then any time it is not occuring, you're losing money. I feel like the money lost would be greater than frequency with which it's over $14.50. People will take that $3 shipping into account when determining how high they are willing to go.
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Chriscoinmaster's Avatar
United States
337 Posts
 Posted 05/19/2011  4:21 pm  Show Profile   Bookmark this reply Add Chriscoinmaster to your friends list Get a Link to this Reply
plus if you search a box and get no silver in 49 rolls, odds are that last one won't have silver. Just a quick thought
if you could get 12 bucks on craigslist per roll, you might be able to make a little gas money for driving to the bank
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lorax's Avatar
United States
162 Posts
 Posted 05/19/2011  4:35 pm  Show Profile   Bookmark this reply Add lorax to your friends list Get a Link to this Reply
Even the ones that sold for $9.99 had $5 shipping so they did better than break even.

More interesting (to me) is that there are a number of auctions for $500 dollars worth that sold for $600 (including shipping). Take out the actual shipping cost and the ebay/paypal fees and the seller makes about $20, that's almost worth it.
Valued Member
United States
312 Posts
 Posted 05/19/2011  4:50 pm  Show Profile   Bookmark this reply Add mshev to your friends list Get a Link to this Reply
.... If you're not insuring it... Personally, I would never send a $500 item without insurance.
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atbcollector's Avatar
United States
1 Posts
 Posted 05/19/2011  5:08 pm  Show Profile   Bookmark this reply Add atbcollector to your friends list Get a Link to this Reply
Hi, new member here and I just had to comment on this. I hope nobody in their right mind would buy these. I'm sure they are 100% unsearched rolls, but I'm also sure that they are 100% weighed as well. The sellers probably buys a bunch of rolls, weigh them and keep the ones that might have silver, then sell the rest.
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KenRingold's Avatar
United States
594 Posts
 Posted 05/19/2011  10:07 pm  Show Profile   Bookmark this reply Add KenRingold to your friends list Get a Link to this Reply


Quote:
Hi, new member here and I just had to comment on this. I hope nobody in their right mind would buy these. I'm sure they are 100% unsearched rolls, but I'm also sure that they are 100% weighed as well. The sellers probably buys a bunch of rolls, weigh them and keep the ones that might have silver, then sell the rest.

Good point.
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