Just Became an Ebay Powerseller

You can ask, but he can't post it. That is why he got in trouble when he first posted this thread. The rules here on CT clearly state that you can not post self-promotion, yet he seems to not have read the rules.

Here is a link in case anyone would like to read them:
http://www.cointalk.com/t34131/

Speedy

 

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you hope - I'll sit back and get some popcorn for this! LOL

Speedy

 

He cannot post his ID, but I can. It is bnbcoins. You can see as well as I that he has not sold anything to speak of. How he has anything that vaguely qualifies escapes me.

 

This isn't a joke my man.. Those are my intentions, I don't appreciate you chastising them..

 

We are just realistic and looking out for your best interests.

 

It's not as if you aren't grandstanding yourself there BNB.
But good luck with your idea all the same.

 

I was a powerseller for a few months. Back when the WHHarrison rolls went skyhigh, I lucked into getting about a 20 at Mint cost, and then selling them at the skyhigh price. Just because of that month, and then selling very minor stuff the next few months qualified me.

Powersellers get discounts on eBay fees if their level of service ratings are high -- mine are high, so I get 20% off. Which, actually, doesn't amount to a whole lot. (For 1 $100 item, eBay fees would be $4.82, 20% off of that is as $0.96 savings).

When people do searches, powersellers appear higher up (or so I've heard).

More relevant to my story, is that I'm not a dealer, and just sell a few things from time to time, and when I got my powerseller status I didn't really have anything to sell!

Oh well . . .

Congrats, BNB.

 

And I come back from out of town to find.....this



stainless

 

Power sellers are great for Electronic items, media materials (2x2's, blank dvds, etc.)

Power Sellers are NOT NOT NOT great for coins.

These guys get rid of the coins no one wants "in hand".

 

I for one would like to applaud you on your entrepreneurial attitude even in the face of adversity. I do not believe the power seller status makes any difference other than an ego booster to throw around. Personally I always search by ending soonest which completely negates anyone being raised higher in the search than anyone else and I only care that a person has a high 90's rating of legitimate feedback over time and high star marks as far as trust.

 

Who gives a crap about POWERSELLER STATUS? Is this some kind of sick joke that eBay wants to do to the people who give them the most cash at the end of each month? Is this supposed to be some kind of "reward" Give me a break. Powerseller to me, means about as much as a first strike label.

Yeah, you ain't going to appreciate me either. I got my popcorn all ready... 2 times the butter. Soon enough you'll be struggling to find a coin you can make a lot of money on over at Heritage, and resell on eBay and actually get a profit out of it. I hope that you wouldn't just buy high end coins, and then sell them on eBay to keep that Powerseller status of yours :kewl:

 

Oh my, I hope that isn't the plan. Does powerseller status make some ppl power trip? dumb question, I know.

 

You may think you're a powerseller... you may wish you were a powerseller... you may want to be a powerseller... but you are NOT a powerseller. Not with just one item sold for eight bucks in the past month. Unless of course eBay has really lowered their standards.

 

I didn't think it was a joke - I really think you are going to do what you said - I just think it is downright silly, and it just goes to show once again that you don't listen to ANYTHING anyone has told you in the past here on CT.

I have to agree with the other guys - it doens't list you as a PowerSeller, and from your last few items, there is no way in this big green earth that you are one.
If I were you I would make sure that email was real, and then double check it again to make sure. Also make sure you change your password so the person who got your info doesn't start to use your account for their stuff.

Speedy

 

I have been a gold powerseller for a couple of years. We were selling all the proof sets and government issue stuff on EBay at greysheet ask just to get rid of it. We have to keep that stuff moving or it'll fill this place up. The powerseller program does get you a discount on your fees up to 25% I believe. So for us it was a good deal. Because of all of the hassle involved I have stopped this tho. It's just was getting to be a hassle taking my time to answer 20 questions about our items every day that people could have answered by looking harder at the listings.

These days I think I'm going to be listing stuff that we see that just "needs" to go to EBay. Coins that have a niche market and that I will have trouble selling in the shop. VAM's, vareities, errors, bulk coin deals...stuff like that.

BNB I have to be frank with you and I want you to stop and think about this... Your really gonna have to find some killer deals to come out.... your paying a buyers fee... and your paying EBays sellers fee.... how much is going to be left over for you??? I have only bought a few things over the years at auctions with the intent of reselling at auction... and I have either broke even or made a very slight (less then $20 on $1,000 coins) amount of money on all of them... and these were specialty coins that almost HAD to be sold at auction. You would serve yourself much better by going to shops and shows and buying your coins that way.... no buyers premium...

 

Well - there are lots of sellers than do that. Buy on heritage and then immediately list them on ebay with a mark-up. Now for how many that sell and make a profit? Don't know. I usually compare coins on ebay to heritage coins - you would be surprised how many you can trace. I have also seen a few bought years ago from heritage that are now listed cheaper than the heritage auction. So I think Speedy hit the nail on the head, but I will wish you good luck.

 

I bought and sold about $10,000 worth of Morgans this past spring involving about 200 auctions or more (quite the learning experience) ... I wasn't selling to make money, I was learning and as a result I took huge losses. Ebay invited me to become a Power Seller because of my sales. I didn't accept because it would be pointless, I am not in any sort of business.

So yea I think if you have a lot of Sales they automatically invite you.

 

That is a good point Doug.

I guess I never think about it that way. The stuff I buy from auction houses isn't your every day stuff... It's stuff you never see...

If you guys remember the 1797 Half cent struck on a cut down Talbot Allum and Lee token... this was the last piece I purchased for this reason...

Pieces like those are extremely hard to price... because simply they are not seen often, if hardly ever... so in my case when I purchase from an auction I'm getting it for what I think is a good deal... and I consider the juice an extra cost sometimes... because there isn't any price guidance to go on. Does that make sense Doug or am I just rambling?

I guess I was thinking in my circumstance...