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My rant on coin prices on the Bay .  
 

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 Posted 10/12/2017  3:29 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
Maybe somebody can explain this to me...
I have no other explanation other than what you suggest, which is the thrill of the chase.
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 Posted 10/12/2017  6:53 pm  Show Profile   Check Chute72's eBay Listings Bookmark this reply Add Chute72 to your friends list Get a Link to this Reply
I am a collector that sells duplicates on eBay, and feel that the prices are going down rather than up. Maybe it's just my area of interest though.
I recently purchased a Morgan dollar on eBay. It was a VAM that has been on my search list for 6 years.
NGC MS63 $46 delivered.
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 Posted 10/12/2017  7:25 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

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Maybe it's just my narrow area of interest (Canadian silver), but the one thing I've noticed about eBay is that there are almost zero true auctions anymore.


It's moved that way across all the categories. Too many of the true auctions end to low for too many sellers. The other issue is how eBay makes you do the auctions now with the free listings. They used to let you do 1 and 3 day auctions with them which was a good time frame for buyers not to lose interest waiting for it to end. Now the auctions all have to be 5 days or longer or you have to pay an insertion fee.

As Jbuck also mentioned a lot of buyers prefer BIN listings. They'd rather just buy something right away if they see what they want rather than track an auction for a few days that they may or may not win
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 Posted 10/12/2017  10:35 pm  Show Profile   Check spruett001's eBay Listings Bookmark this reply Add spruett001 to your friends list Get a Link to this Reply

Quote:
It's moved that way across all the categories...

As Jbuck also mentioned a lot of buyers prefer BIN listings. They'd rather just buy something right away if they see what they want rather than track an auction for a few days that they may or may not win


Yo de acuerdo. I think the transition represents what buyers prefer in general. Sometimes, the thrill of an auction is enjoyable as a buyer or a seller. I just had a coin end tonight that was a straight auction starting at $0.99. Unfortunately, there wasn't much of a battle at the end. I really think I would have done better if it had been a BIN.

Also, because of the potential worldwide viewership on eBay, setting auction end times is impossible. BIN allows anyone anywhere to purchase something if they wish without worry of missing an auction end.

I've had much more success as a seller across many categories listing items as BIN with Best Offer than straight auction. That's just the market speaking.
"When you make the finding yourself - even if you're the last person on Earth to see the light - you'll never forget it."
-Carl Sagan
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 Posted 10/13/2017  11:15 am  Show Profile   Check oih82w8's eBay Listings Bookmark this reply Add oih82w8 to your friends list Get a Link to this Reply
I usually list a few items on the bay, and most have stayed there for a while, varieties don't have too large of a following. I incorporate a "buffer" into the price for haggling and to absorb the fees. People who have dealt with me could attest that I am more than accommodating.
oih82w8 = "Oh I Hate To Wait"
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Edited by oih82w8
10/13/2017 11:20 am
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 Posted 10/14/2017  12:15 am  Show Profile   Bookmark this reply Add nautilator to your friends list Get a Link to this Reply

Quote:
if you're lucky, a Make Offer button

Lucky, eh? A few months ago, I started trying something with eBay items: if I thought the BIN price was too high, I fired off a message asking if the seller would consider an offer on it. Obviously not everybody does, but the number of items I've negotiated/bought because of this is tremendous. There are a lot of hidden offers just waiting to be had out there.

If you try this, your chances of making a deal go up by doing obvious things like referencing lower prices on recently sold items, or buying several things at once.
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 Posted 10/14/2017  01:14 am  Show Profile   Bookmark this reply Add loonielewy to your friends list Get a Link to this Reply
It never hurts to ask. If they say no, fair enough. As you say, explore the options. I don't see it as pushy, just savy.
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 Posted 10/14/2017  01:22 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
A few months ago, I started trying something with eBay items: if I thought the BIN price was too high, I fired off a message asking if the seller would consider an offer on it. Obviously not everybody does, but the number of items I've negotiated/bought because of this is tremendous. There are a lot of hidden offers just waiting to be had out there.
I agree, it never hurts to ask.
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 Posted 10/14/2017  07:12 am  Show Profile   Check jdmern's eBay Listings Bookmark this reply Add jdmern to your friends list Get a Link to this Reply
Here are a couple of my thoughts, from a seller's perspective:

1. For the most part, people who do this for a living have a pretty good idea of the market, especially in their area of focus. It is simply pointless to offer things at prices where there will not be a sale. Just because a price guide says 'x', and there was an outlying eBay sale for 'y', and there was auction sale at another price, does not mean any of those are the actual real value. There are far too many subjective elements to coins to have any true, absolute value, at any given time. Nearly all professional dealers need coins to sell to make a living, so if it seems all their prices are too high, it's not because they are foolish and don't want collectors to buy coins, it's because that is the real market.

2. Nearly all dealers have some flexibility on most items. Not all items have the same flexibility. Not all buyers will receive the same flexibility. If you purchase a single small value coin one time, the price on the second coin several months later may be a bit different than the one I quote to a buyer who purchases hundreds of coins a month from me.

3. There is nothing wrong with messaging sellers asking for a better price. There is nothing more frustrating for a seller than someone who don't know telling you coins are overpriced, telling you they know the market better than you, then offering a ridiculous (usually under melt value if silver or gold) price. At least once a month for the past couple of years, I have received some variation of the following two messages: 'No one collects world coins. I can give you 'x', which is what I usually get them for., or 'I always buy this piece for 'x', this is what it worth.'
Boardwalk Numismatics

http://stores.ebay.com/jdmern/
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 Posted 10/14/2017  07:22 am  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
I've had much more success as a seller across many categories listing items as BIN with Best Offer than straight auction. That's just the market speaking


I agree. I don't even bother trying 99 cent auctions anymore. Got old fast basically giving things away


Quote:
There is nothing more frustrating for a seller than someone who don't know telling you coins are overpriced, telling you they know the market better than you, then offering a ridiculous (usually under melt value if silver or gold) price. At least once a month for the past couple of years, I have received some variation of the following two messages: 'No one collects world coins. I can give you 'x', which is what I usually get them for., or 'I always buy this piece for 'x', this is what it worth.'


It's even more fun when they act like they're doing you a favor by even offering that. I always view messages like that as an acknowledgement that the coin the are messaging about it much better than they usually see, after all why not go buy all those other ones they can supposedly get at a lower price instead of messaging
Edited by basebal21
10/14/2017 07:23 am
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