Sold A Circulated $20 Birthday Note - Profits

Discussion in 'Paper Money' started by hotwheelsearl, Apr 24, 2020.

  1. hotwheelsearl

    hotwheelsearl Well-Known Member

    I just sold a circulated $20 birthday note.
    s-l1600.jpg
    Total sale price: $25.99
    eBay fee: $2.60
    PayPal fee: $1.11
    Shipping: $0.55
    Envelope: $0.10
    Net total: $21.64

    TOTAL PROFIT: $1.64

    Conclusion: not really worth it.
     
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  3. -jeffB

    -jeffB Greshams LEO Supporter

    Yep, that sounds about right. When an item's face/spender value is close to its collectible value, eBay and PayPal fees eat proportionately more of your profit.

    If it had been a $1 note that sold for $4, you would've made about the same profit, and it would've been equally not worth it, even though it sold for "four times face value".
     
    Kentucky and hotwheelsearl like this.
  4. CommemHalfScrub

    CommemHalfScrub Active Member

    imagine if the post office lost the note. That $1.64 doesn't even cover the risk in my book.
     
  5. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    The Bay and its evil twin sister pay pal are getting rich of the honest hard working
    american, with all the fees and the buyers asking for discounts, your 20 profit
    just turned negative...LOL
     
  6. -jeffB

    -jeffB Greshams LEO Supporter

    I'm guessing there are a lot of "honest hard working Americans" who wouldn't be too sympathetic over "I can't make a profit selling $20 bills for $25.99". :rolleyes:
     
    hotwheelsearl likes this.
  7. Michael K

    Michael K Well-Known Member

    I thought they went month, day and year.
     
  8. -jeffB

    -jeffB Greshams LEO Supporter

    YYYYMMDD is the correct order, because it sorts properly. :rolleyes:
     
  9. hotwheelsearl

    hotwheelsearl Well-Known Member

    I mean beggars cant be choosers!
     
  10. SteveInTampa

    SteveInTampa Always Learning

    MM/DD/YYYY is typically what collectors are looking for.
     
    Michael K likes this.
  11. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Some people are just greedy....LOL
     
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