Thread: What about eBay?

i cant find a shiping filter.
I can select location, but even then when i select worldwide it give us shipment only items to.

I agree about ebays greed. But is this a good place to start buying or is the other auctions tht are recommemded. I am just getting started and ebay prices are above the silver value, I guess you buy higher than the silver value in hopes it goes up someday? thanks in advanced for any negative or positive replies.

Originally Posted by SLACKACTION

I agree about ebays greed. But is this a good place to start buying or is the other auctions tht are recommemded. I am just getting started and ebay prices are above the silver value, I guess you buy higher than the silver value in hopes it goes up someday? thanks in advanced for any negative or positive replies.

If you know what you are doing and are careful, eBay is the best place to buy coins other than the rarities. If you don't know what you are doing, tend to fly off the handle, or are squeamish about the occasional problem you will have to take care of, then you need to stay away. Reading between you lines, my comments have to do with numismatics and probably have nothing to do with bullion.

http://www.ebay.com/itm/30-pc-US-Mor...04%26rk%3D1%26

Originally Posted by JBGood

http://www.ebay.com/itm/30-pc-US-Morgan-Silver-Dollar-Set-All-Certified-PCGS-MS64-Different-Dates-/271029399749?_trksid=p4340.m2109&_trkparms=aid%3D5 55001%26algo%3DPW.CURRENT%26ao%3D1%26asc%3D7%26mei d%3D1875389193440181851%26pid%3D100010%26prg%3D100 4%26rk%3D1%26

Well, you would be paying $90 per coin. Little too pricey for me.

http://stores.ebay.com/The-Phoenix-Gold-Corporation?_rdc=1
Any input on this seller? His coins look beautiful he also has vids of them on youtube.
thanks-noob

I don't sell on eBay as their fees are way too high, it makes all the profits gone. Only use paypal for safe.

I buy and sell on ebay. I have not had any problem with coins. The biggest problem for me has been sellers who take a long time to ship. They will mark something as shipped but take another week for the item to actually ship.

I agree. I have had experience with sellers that have taken over a week to ship. I've bought most of my coins over ebay for the last year, and am way more careful now than I was. I haven't had a bad experience, only once did I give bad marks to a seller because the coin wasn't the grade he said it was. I stick to sellers today that have 99.8% to 100% positive feedback, check out the latest feedback for the seller, and try to look for the lowest (hopefully free) shipping charges. I have some friends that sell on ebay and have cut back considerably due the charges, and complain that the system is all weighted toward the buyer. I may be more sympathetic toward the seller than most. But being careful is the watch-word, if it doesn't feel right with a particular seller, don't do it. Another deal will come along

In general, eBay prices are inflated, but if you use its search engine properly and sort by lowest price first for what you are specifically looking for, you can easily find slabbed coins well under the greysheet values. You can also check the rating and background of a seller to decide if he or she is trustworthy. The main problem I find with eBay is that AU coins are often called BU, and I observe general grade inflation.

Oh, the nature of eBay forces its prices to be generally uncompetitive. Since eBay charges steep fees, sellers are forced to overprice their coins to break even or profit. One advantage for sellers is that there are many beginning collectors who do not realize how overpriced eBay is. But like I wrote before, if you use the search engine wisely and wait for bargains, they will come. Today I won a Peace dollar semi-key date that was way, way below the greysheet value.

Does anyone know if there is a site to sell coins and paper money similar to ebay? I am getting absolutely killed by the fees and it just isn't worth it anymore. I will try it one more month and then just quit my work with them.

If anyone knows a site please share the link if you don't mind.

Thank You

Sure, there are hundreds of other web sites where you can sell your coins. Coin Talk itself is but one of them. Problem is, none of them are as effective as ebay.

The cost of doing business is the cost of doing business. You either pay it, or you get out of business.

Originally Posted by snick

I buy and sell on ebay. If you know what you are getting into up front, you can still make a buck and find a few deals

You are so correct.

Agree. Before selling anything you need to check eBay fees and PayPal fees. The exposure on eBay is why you pay a premium.