eBay sellers - Buy It Now or Auction?

Which do you prefer to use? Or do you use each type for specific situations?

I generally use $0.99 auction listings for the majority of my coins and then use BIN/OBO for higher-value "niche" coins that might not attract as much bidding activity. I'm not sure it's the most effective strategy though, so I'm interested in learning from other eBay sellers.

 

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I prefer buy it now. If I want dump a crummy coin, or have a coin with a standard value I use auction. For instance junk silver, or a common date graded morgan, I sell at auction

 

I also play the free listing game at Ebay. Depending If they have a deal on fix price auctions or vice versa

 

I list auction starting at 99 cents unless it's a big money coin ($300+ usually) OR I know I've got too much in it and I may lose $$.

 

I wouldn't list anything on ebay for a dollar. you have a low chance of getting back what you put in it I think.

 

i mostly do buy it
nows exspecialy for free coupons i sell

 

You went to public school, right?

 

yes i did. i also graduated 2 years late because i skipped most of 9th grade, but atleast i stuck with it and finished

 

I tried to list some coins in auction format and was very disappointed by the outcome. Unless you have a very loyal following of customers like Greattoning and Kryptonitecomics, I would advise listing coins as BIN or BO.

 

Which really tests my faith in the ability of public schools to educate the youth of this country. Basic spelling, punctuation, sentence structure, etc., should be second nature to all of us. But at last, it appears we have failed.

 

To graduate high school these days, you don't have to actually know anything, you just have to be able to pass the multiple choice test.

 

There is also a difference between being able to memorize material and having critical thinking and reasoning skills. Many A students aren't overly intelligent.

I wouldn't be surprised if Enoch was more intelligent than the people bashing him.

 

Why is this thread about ebay sellers turning into a thread about judging someone's intelligence by the way they post? Perhaps some people use mobile phones to post and have difficulty typing on a small keyboard.

As to the original question:
I don't sell on ebay (yet), but the pattern I see is that most bullion coins are put in auctions, older, high-grade silver as a BIN, and lower grade items as auctions+buy it now.

 

this may very well be true. school was very boring to me. Ive taught my self almost everything I know. The problem is i payed more attention to what i wanted to learn and not what they wanted to teach me. my main subjects are history science philosphy and religion. most of my 5th grade year was spent reading books like paradise lost and the divine comedies.I even had to teach my self to read. I also know alot more about how computers work then most people. my downfall is spelling and grammar. I have never been able to grasp it just like my father. I can how ever see a word iv never seen before and know what it means with out having to look it up. Oh and my hand writing is horrible as well. I believe i have some kind of problem because im great at everything else. some say im to smart for my own good.
Im done with this conversation Iv had this same conversation many times on this forum I dont have a problem with people pointing out my flaws The problem is when a good question posted by a member. gets hijacked and turns into something like this.

 

Now that's a respectable response, enochian. Good for you, man.

 

To answer the original post, I usually list my stuff as BIN unless I just want to free up some capital. It all depends on how quickly it needs sold. If I have something I've had for BIN for months, I usually relist it over to $0.99 auction.

 

If you want to get top dollar on your item, full retail, then stick to BIN. At auction you'll probably get a fair market value, but probably less than you'd get if you are patient with a BIN.

 

for some reason when a bin i have dosent sale. a few hours later or the next day after relisting its sold. I believe there more people checking newly listed bin items then anything

 

You want to know my "ah-ha" moment? I sold solely with BIN until one day when I needed cash fast. I had been sitting on an 1806 draped bust quarter Good condition with damage, for 3 weeks, listed at $135. When I auctioned it starting at 99 cents, it sold for $230.

 

bid war i asume