I haven't sold on eBay since January because of all the policy changes and fee increases. (I personally find the "positive only" feedback by sellers to be the worst.) I've known about the CoinWants site for a while and finally decided to give it a shot. I listed just one item to test the waters, a slabbed Buffalo nickel. The opening bid for my item was at CDN Bid with a BIN at CoinWorld listing. It was won at the minimum, but I was happy to see that I had 20 viewers and 2 watchers. Could I have done better at eBay? Of course we'll never know, but I suspect so. Would the eBay fees have reduced my profits enough to make CoinWants competitive? Maybe. The CoinWants fees only came to 3% versus the 12-15% at eBay. The buyer used PayPal. The PayPal fees alone were more than the CoinWants fees!!! So a check or MO would have increased my profit margin a bit more. I've got another 6 or so items to try as a second listing. I think we've got something good at CoinWants. I'll try to remember to update my activities for a while.
Good news Kanga I have signed up with Ebid, SpecialistAuctions.com and CoinWants , but have not listed yet. 20 watchers is not too bad, thats good to hear !!! Keep us posted
I won't say anything about the fees but the rules needed to be tightened up on coin sales on ebay. The fraud was rampant and the retribution by ebay sellers was just unbelievable and frankly, I stopped buying anything on ebay a long time ago because of the problems. The policy on slabs was a must and this board has been railing about the ebay problems for years. And why should sellers be allowed to put negative remarks on customers? In real business the customer is always right. I work retail Pharmacy every day. You should try that. It would make your head spin. It's enough that sellers know the ebay system in and out, backwards and forwards to the point that its almost impossible to make a bad comment stick. Your there for PROFIT not personal vendettas. Ruben
