ebay auction- what did I do wrong

Discussion in 'Coin Chat' started by sweet wheatz, Jan 17, 2010.

  1. imrich

    imrich Supporter! Supporter

    Well Stated! I believe, eBay is for Masochists who like to gamble but don't want to leave home. Generally speaking, it appears that the primary winner in a gambling facility is the "house". In this case, eBay and Paypal. Like going to the Casino, you need to know the winning games. Don't play Keno, when Blackjack will more likely provide a return on "investment". I believe you will find that if your item has the proper "key words", so that it can be found by the search engine, it is in the correct category, you have a proper closing date/time, and you have a "reasonable" starting price, you will maximize success. It doesn't hurt to treat your potential customers with respect, telling them approximately what are the sales costs associated with selling on eBay, and that they are partially included in the S/H amount. Buyers seem to appreciate honesty, in spite of their S/H charge hate, and will generally leave positive feedback if you also state a reasonable "full refund" return policy. This is just my opinion, but it's worked for me.
     
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  3. umtrr-author

    umtrr-author Thalia and Kieran's Dad

    On a few non-coin boards to which I belong, this topic comes up fairly frequently. The same "do's and don'ts" tend to come up with regularity: be clear, don't impose lots of terms and conditions, use exclamation points sparingly, stick to reasonable (and few) fonts and colors, don't SHOUT IN ALL CAPS, don't exaggerate about how RARE and COLLECTIBLE !!!!!!!!!!!!!!!!!!!!!!!!! (also, !!!!!!!!!!!!!!!!!!!!!!!!!) an item is when it isn't, charge reasonable shipping costs.

    I would suggest searching for "eBay listing tips" on Google and then follow the ones that make sense to you.
     
  4. sweet wheatz

    sweet wheatz Senior Member

    Got another ready and will soon list it with what I have learned. I may however list it first on Ebid for a week or two at set price and if it doesn't sell- transfer it to ebay.I have quite a few repeat customers on ebid and I hope they will be interested.
     
  5. Sholom

    Sholom retired...

    a few thoughts that come to mind (which may or may not be on the mark!)


    • ending time was tough -- folks on the west coast were at work, folks on the east cost might have been commuting home -- I suspect that during weekdays you want to end in the evening (during weekends, afternoon will work well, too)
    • you never said how many coins you had (granted, you listed them all, but you didn't count). You said 119 wheats, but not how many all together
    • the $100 one had some minor keys that yours didn't (1924-s, 1928-s, etc.)
    • large collections can be hit or miss when you can't compare them to a lot of other auctions -- so selling a single coin or a roll or something you can compare to other auctions or price guides you can probably start at .99, or even .01; but varied lots like the ones you had might catch fire, or might fall between the cracks
    Well, those are my thoughts . . . hindsight is 20-20
     
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