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Buying and selling coins on ebay: Lessons learned
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<p>[QUOTE="Vess1, post: 1552594, member: 13650"]This has been a great discussion here. 99% of the time, I'm the buyer on ebay so I have plenty of my own insight from that perspective. I agree that as a seller, I can't trust people to bid on stuff reasonably without having a reserve. I'm not going to give something away and then get hammered on fees just to say I sold something. The problem is, you could list the same item 5 different weeks and get 5 different final sale prices depending on who's watching. Maybe you list on bad week and lose out?</p><p> Sometimes I'll list at .99 just to generate interest. Everybody will check out something listed cheap even if there is a reserve. People say they're scared away by them but I'm not. I'm almost more interested and have no fear bidding on something with a reserve. I'll let the auction play out and if we don't meet it, and I want the item, I have contacted the seller to see what the reserve was. Sometimes work out a deal on it in the end.</p><p> Ebay charges to use reserves because they want items selling no matter what the price. If you list something for free, take up their server space for 7 days and then it doesn't sell, they don't make any money. So they try to steer people away from it by charging for it. This doesn't mean not using one is always in your best interest. </p><p> Probably the best bet is to just list something for the minimum you will accept and be done with it. </p><p><br /></p><p> Personally, I like the best offer option too. Some people are very generous, others I don't know why they even use it. I like making offers.[/QUOTE]</p><p><br /></p>
[QUOTE="Vess1, post: 1552594, member: 13650"]This has been a great discussion here. 99% of the time, I'm the buyer on ebay so I have plenty of my own insight from that perspective. I agree that as a seller, I can't trust people to bid on stuff reasonably without having a reserve. I'm not going to give something away and then get hammered on fees just to say I sold something. The problem is, you could list the same item 5 different weeks and get 5 different final sale prices depending on who's watching. Maybe you list on bad week and lose out? Sometimes I'll list at .99 just to generate interest. Everybody will check out something listed cheap even if there is a reserve. People say they're scared away by them but I'm not. I'm almost more interested and have no fear bidding on something with a reserve. I'll let the auction play out and if we don't meet it, and I want the item, I have contacted the seller to see what the reserve was. Sometimes work out a deal on it in the end. Ebay charges to use reserves because they want items selling no matter what the price. If you list something for free, take up their server space for 7 days and then it doesn't sell, they don't make any money. So they try to steer people away from it by charging for it. This doesn't mean not using one is always in your best interest. Probably the best bet is to just list something for the minimum you will accept and be done with it. Personally, I like the best offer option too. Some people are very generous, others I don't know why they even use it. I like making offers.[/QUOTE]
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Buying and selling coins on ebay: Lessons learned
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