Should've been camping on the new Buy It Now listings instead of posting here! US Silver coin collection The description said, in total: The picture is small and ill-detailed, but clearly shows: 2 ASEs 7 silver dollars (Morgan and Peace) 13 silver halves (12 Walkers, one Barber) something that might be a quarter, but probably a nickel and the REAL heartbreaker... a STEEL CENT! So, the BIN of $250 got someone $80 worth of ASE bullion, $210+ worth of silver value for the dollars, $180+ worth of silver value in the halves -- and, of course, A STEEL CENT. Rats. Rats, rats, rats.
sometimes it's just best to set a price you want to spend and just enter a autobid .Your finally bid will only be a dollar above the last bidder..... Alot of times I have tried to snipe auction last second and lost the auction. I have seen as much as 21 bids being placed in the last 15seconds of a auction... when everyone sets a highest bid and the autobidding kicks in your bid gets left behind alot of times if some many bidders on in the auction and the time runs out. remember the person who entered the autobid first even if its a tie wins the auction. Say if auction was at 50$ and the bidding went to $65 and you bid $100 your auto bid would have kicked in won the auction at $66 dollars if the bidding went to $101 dollars does not matter becuase your highest price you wanted to spend was $100 and the auction would not have won by you ether way it as out of your spending range. But had you entered 100 and it was atie it would have gone to you Everyone has a stratigic plan when it comes to buying. I have found that when people list a group of coins with little discriptions and no details you can find a real jackpot.(just like auction you mentioned) Type in the search engine some like " coin lot " or something vauge. You would be surprised how many people really have no idea what coins they have or the value.
I guess I didn't describe the situation clearly enough. This $450+ lot was listed with a Buy It Now price of $250, and it sold exactly 90 seconds after it was listed. It's just a matter of being the first one to see the listing, count enough coins in the photo to see that it's a steal, and hit the button.
I'm thinking he posted the auction wrong. The starting bid probably should've been 250 with a 450 buy out.
It could have been listed BIN in error. It could include coins from China. It could be a good deal. I doubt we will ever know. One thing was certain- no returns & only 36 prior sales which I hope the buyer researched before bidding.
most of his feedback is from purchases and quite a bit is from users who are "no longer registered." I personally feel that if the deal looks too good to be true it probably is. I would say the seller either made a mistake, isn't prepared to fulfill the sale, or had no business listing the items in the first place. I would not have bid on that sale.
I wouldn't worry about missing this one. Anyone who has only 12 feedbacks as a seller, and who is to lazy to list out the items or even take more pictures, is a high risk seller to me. On another note, when I listed some ASE's for just over spot price, they were selling before I could even post the next one. So a lot of people do sort by newly listed and watch it like a hawk.
I bid on sales like this whenever I'm quick enough. Once the seller backed out, and I didn't ding him for it; once a seller messaged me in a panic, saying her daughter had listed it at the wrong price and she hadn't discovered it until after she shipped. In that case, I could've left her out to dry -- it was in the mail, I'd paid the agreed price, there was nothing she could do -- but I sent her more money anyhow. I'm really not in this to rip people off, but if they list at a low value, I do them no favors by letting someone else buy it instead. (I'm pretty sure I've seen some of the lots I missed get relisted later by a couple of the "big volume" eBay sellers -- I think they're trolling for bargains like I do, then flipping them.) So far this week, I've landed 11 silver Washingtons for $45 shipped, 2 1921 Morgans for $45 shipped, and a 1923 Peace for around $23 shipped. I'd like to buy in bigger chunks, but you have to grab what you can when it appears.
A few days ago I saw an equally heart-breaking BIN that ended: I don't have the link, but someone listed $280 melt-worth of 90% kennedys, and it was bought for a BIN of $70 or $80. HEARTBREAKING
I'm one of the lurkers, not one who was buying your ASEs. I only buy under spot. Still waiting, though, to hear from the folks who think I need to retract my bids on all the below-spot BINs and tell the sellers to relist at a higher price...
I'd be happy to purchase at spot, but once you factor in shipping and stuff... eBay usually isn't the best venue for purchasing bullion.
Don't you love those sellers that can't take pics. The best deal I got due to lousy pics was about $700 worth of 19th century US type coins for $65.
Some people (here on CT) make some decent money by buying items with crappy pictures and reshooting them, and selling them at a higher price. More specifically, toners.
Yeah, I tried that one time, but the toner advertised as a "damaged proof" turned out to be, well, a damaged proof -- it was hazed, not toned, and its partner looked like it had been pitched onto concrete. I still got them for well under spot, so I wasn't particularly disappointed.
