Last night I bought a 1964 Washington quarter on ebay last nite for 2.25 + .50 S&H. I thought this was cheap, considering most silver quarters on ebay go for closer to four bucks a piece. I also noticed that there were other 1964 quarters before and after this listing were going for closer to 4.00. Why, I wondered, was this one so much cheaper. The only thing I could see was that this must have been the seller's first ebay sell. The guy had no reputation points, and no prior sales, and he only had one other listing for sale. Do rookie sellers scare people away? I was the fifth bidder, so people were looking at this. Was this the reason it sold for such low a price, when others in the same time frame were selling for more? He was from the USA, so location wasn't a factor. Neither was shipping and handling. I was thinking about selling something on-line, but this worries me a little. I think I would be leery buying something expensive from a new seller, but I'm not going to worry about losing $2.75. BTW, I looked at my ebay account, and he already shipped it and gave me a good rep.
I think alot of people are scared away by new sellers. As for the price, what kind of condition is it in? If its not great, its probably not worth 4 bucks. You did still get it below melt though, so thats cool.
It's just a regular quarter that's going in my bag. I just bought a '62 for $3.26. That's about the most I'll pay for a silver quarter, but most go for around four bucks on ebay
I think buying common silver quarter from anyone on ebay has little risk involved for that price. I would be a bit more cautious buying a $50 item from a mewby on ebay though. If you decide to sell, get your feedback up a bit through purchases first. Most people do not look beyond the total feedback number and the positive percentage anyway.
you got a good deal... and yes, the seller will need some positive feedbacks to establish him/herself
As a PowerSeller, I am constantly asked for advice by new sellers. I always recommend they do a search on eBay for items with free shipping priced under $1. You can spend 10-20 dollars and easily get your feedback up to 10-20. Over 10 yields you a star. It may not show you're a seller but it does show that you are more than just a fly-by-night dealer. Since I've been buying on eBay since 1998, I don't even bother looking at user names let alone feedback ratings when I bid. If I get screwed, I'll just file a chargeback with PayPal.
I've never sold on ebay, but I have bought tons of stuff. According to my account, I have 471 points and a turquoise colored star.
With that many purchases behind you, I don't think too many people would be timid about buying from you.
I generated at least 50-100 positive feedback from purchases before trying my hand at selling, this I think at least reassures potential bidders that you are not just some fly by night seller to grab the money from some fake auctions and run. IMO.
Dont start!! From my 10 plus years of experiance selling on E-bay, I can tell you its a big loser!!:computer:
If not ebay where? I have a website and a ebay account. Where my website might only get 50 hits a week, the ebay pages combines get over 1000. I am not happy with ebay or paypal, but ebay exposes me to more people. What to do? Ebay is a great way to meet customers, but i consider it wholesale. Although I have recently started and ebay store and the reason is because it is a lot easier to list things for sale and drive more traffic compared to my website. I guess one way of thinking of it is that ebay/paypal takes 8-10% for thier services. Is it worth it to get more attention or is it better to use a personal website that get no where near the hits as ebay. Your thoughts?
Several years ago I was buying a lot of silver off of eBay, and I never once had to pay over spot including shipping. It was only $7/oz. back then. I never got ripped off even once, and actually got some small collections for spot that I was able to cherrypick some more valuable stuff from. Ahhh, the good ole days! LOL
Congrats on the purchase. I have been buying on ebay for a while now and on the little stuff, I dont really worry to much because like has been said before, you can just dispute the transaction and get your money back if you get ripped off. On the bigger more expensive stuff, I do look for higher feedbacks.
