What about eBay?

Discussion in 'Frequently Asked Questions' started by jody526, Jan 30, 2005.

  1. slackaction1

    slackaction1 Supporter! Supporter

    The prices on USACOINBOOK.COM are still different from the blue book price listed,usacoinbook is higher. on the coins I comparaed
     
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  3. GoldFinger1969

    GoldFinger1969 Well-Known Member

    What's the difference between COMPLETED and SOLD when you check those boxes in the far left ? I noticed some of each have items that got bids....some say delisted or relisted....some say it was sold at a best offer price.

    I want to get the most accurate prices for items actually sold on Ebay (preferably with bids but I realize sometimes it's a Best Offer which may or may not show).

    Thanks !
     
  4. GoldFinger1969

    GoldFinger1969 Well-Known Member

    Does this show recent or historical sales ?

    Could you outline or show me how it would show recent sales for a popular coin like a 1924 Saint-Gaudens ?
     
  5. slackaction1

    slackaction1 Supporter! Supporter

    I didn't look at the gold prices or compare any of them. Just Silver Halves, Quarters and Barber ect... The 20 St. Gdollar is a popular coin good luck ebay prices are high or least some of them are to me...
     
  6. GoldFinger1969

    GoldFinger1969 Well-Known Member

    Tell me about it....that's one series where I have a pretty good idea of FMV and can gauge the coins pretty well from pics....I asked a bunch of eBay sellers why they were high and got all kinds of answers: coin has special qualities....I am into the coin for a high price....make me an offer and we can negotiate....etc.

    I would say about 20-25% were willing to negotiate off their listed price.
     
  7. Mike Thorne

    Mike Thorne Well-Known Member

  8. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    The fact that it was posted over 11 years ago may have something to do with that...
     
  9. Mike Thorne

    Mike Thorne Well-Known Member

    No doubt. I must start looking at the date of posting.
     
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  10. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    No harm, no foul... ;)
     
    GoldFinger1969 likes this.
  11. GoldFinger1969

    GoldFinger1969 Well-Known Member

    WHAAAT ? You mean my plans to buy gold bullion at $500/oz. are all for naught !!??? :D
     
    Kentucky likes this.
  12. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    Mine were, so it's only fair.... ;)
     
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  13. 1941

    1941 New Member

    You have to adjust your prices when selling on e-bay. They may be greedy, but no more than other online auctions; I've seen buyer's premiums as high as 22%. I recently bought several items in an auction and the shipping and handling costs were twice what I paid for the items; you have to read the fine print. Back to e-bay, I've reached an audience with sales that I never could have reached selling at shows. Be smart about your pricing and shipping charges and you will make money; I have.
     
  14. GoldFinger1969

    GoldFinger1969 Well-Known Member

    By premiums, you mean above recent auction sales, including actual sales of similar/same product during the bidding time of said item ? If that's the criteria, I see stuff priced as high as 50% (Saints, Morgans) above current or recently-expired auctions. I've contacted those sellers and gotten many reasons as to why they are "high" relative to the market.

    MANY -- not all but most -- will cut their prices if you say you will buy (or goto their home webpage :D). I'd say 10-15% cuts in asking price are doable.

    But if you look at some prices, it doesn't make sense.
    There are plenty of NGC MS70PL 2009 UHRs, a coin I have thought of buying (don't ask why, I'm an idiot :D). The market with bidding is about $3,700 or so.....you can buy it direct from the online guys who link to Ebay for just under $4,000......there are plenty of "high" asking prices of about $4,300 (they must be hoping the online guys disappear because you'd have to be insane to buy at their price)....and then you have some guys just under $5,000 !! :eek:

     
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  15. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    The thing one must remember with ebay is that there are all types of sellers, everything from the guy running an actual business (and therefore looking to move inventory) to the guy willing to sell if and only if he gets the "right price" and everything in between.
     
    GoldFinger1969 likes this.
  16. slackaction1

    slackaction1 Supporter! Supporter

    Hey BooksB4Coins, bout the ones who say make an offer had much luck with taking your first offer? or any offer
     
  17. GoldFinger1969

    GoldFinger1969 Well-Known Member

    Yup...and for a unique piece or something that doesn't sell that often (what we in the trade call 'illiquid' stuff) I get that.

    But these 2009 UHRs MS70PLs are of a different stripe.... very frequently traded...there are over 2 dozen for sale right now.

    You won't 'get lucky' or 'get your price' unless by mistake because identical products or stuff 99.9% similar (PCGS vs. NGC) are trading for about 10% or a few hundred bucks less.

    Maybe I'll ask one of the high sellers....
     
  18. GoldFinger1969

    GoldFinger1969 Well-Known Member

    Can't speak for him, but I've had a few of the 2009 UHRs say they'd match or nearly-match the Ebay sales prices that saw activity if I went to their website or Made An Offer.

    Others said they couldn't afford to sell cheaper, they were into the coin(s) at higher prices (usually the case with older, classic stuff).
     
  19. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    Yes, I realize that... but it doesn't matter. The point is that not everyone on ebay is actually in business to sell, and is something any one of us could find countless examples of. There's no sense in trying to figure out why they do as they do; if the deal isn't there, simply move on and leave them to their dreams.
     
    GoldFinger1969 likes this.
  20. GoldFinger1969

    GoldFinger1969 Well-Known Member

    BB4, some of these guys that are high aren't individuals selling just 1 or 2 coins...they have big inventories and/or big eBay stores and/or big internet and B&M retail operations. They must know the market.

    You can see some of them if you look for HIGHEST PRICE for the 2009 UHRs.
     
  21. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    I don't doubt this, but as you said, these are commonly traded and essentially generic material, so what sense is it to worry about those asking high when the same thing can be had at a more realistic level? If these fellows with such big inventories wish to sit on them, and there are always some like this, simply give them their wish.
     
    GoldFinger1969 likes this.
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