Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Ancient Coins
>
Ancients: Pecunem Auction 20 August 3, 2014
>
Reply to Thread
Message:
<p>[QUOTE="John Anthony, post: 1961690, member: 42773"]Well, here's my straight-up assessment of your business venture, like it or not. Calculating in the BP and shipping I'd say you're paying about $15 per coin, so if you're looking to sell them on eBay, you really can't charge less than $25 apiece, just to make a few bucks profit after eBay's cut, Paypal fees, and your shipping charges. Closer to $30 would be a better starting bid, or BIN. But will collectors buy them at $30?</p><p><br /></p><p>The thing about those Parion Hemidrachms is that people want clear, distinct portraits of Medusa. The ones in the auction pic look pretty worn, and those are just the ones they pictured. Let's hope the obverses that aren't showing are better. Otherwise, what you paid for the coins is exactly what they're worth on the market now, not less.</p><p><br /></p><p>If you search the sold listings on eBay, you'll see what I mean. Coins that look like yours sell for around $14-17. The realized prices go up as the portraits of Medusa get better.</p><p><br /></p><p>All that being said, I sincerely hope you prove me wrong and make yourself a decent profit. (Now the guy who won lot 1068 got a steal. If he's selling those pieces, he should be able to get double his investment.)[/QUOTE]</p><p><br /></p>
[QUOTE="John Anthony, post: 1961690, member: 42773"]Well, here's my straight-up assessment of your business venture, like it or not. Calculating in the BP and shipping I'd say you're paying about $15 per coin, so if you're looking to sell them on eBay, you really can't charge less than $25 apiece, just to make a few bucks profit after eBay's cut, Paypal fees, and your shipping charges. Closer to $30 would be a better starting bid, or BIN. But will collectors buy them at $30? The thing about those Parion Hemidrachms is that people want clear, distinct portraits of Medusa. The ones in the auction pic look pretty worn, and those are just the ones they pictured. Let's hope the obverses that aren't showing are better. Otherwise, what you paid for the coins is exactly what they're worth on the market now, not less. If you search the sold listings on eBay, you'll see what I mean. Coins that look like yours sell for around $14-17. The realized prices go up as the portraits of Medusa get better. All that being said, I sincerely hope you prove me wrong and make yourself a decent profit. (Now the guy who won lot 1068 got a steal. If he's selling those pieces, he should be able to get double his investment.)[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Ancient Coins
>
Ancients: Pecunem Auction 20 August 3, 2014
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...