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<p>[QUOTE="Ed Snible, post: 2780825, member: 82322"]eBay used to be an auction site. It is now mostly a fixed-price site.</p><p><br /></p><p>For example, there are 868 Greek coins listed for auction plus 19,835 “Buy it Now” items. Only 4% of the category is auction items. In Coins/Publications/World, we see 235 auction items and 3949 “Buy it now” (5.6%). Very few of the auction items start below the retail price so it is hard to consider them true auctions. Search results are clogged with the same undesirable items month after month.</p><p><br /></p><p>(If eBay offered a way to select only items that had not been relisted and to filter by sellers with 98%+ ratings it would be a very different experience.)</p><p><br /></p><p>Auction consolidators sixbid.com and numisbids.com gather nearly all auctions, no matter how obscure, and provide easy searching. There is less of a chance of finding something others have missed.</p><p><br /></p><p>CoinArchives used to be free. Novices could compare historical prices with current offerings. I believe that gave them more confidence to bid. Many mid-level collectors have told me that loss of access to historical auction search results and prices took the fun out of collecting for them. They lack confidence bidding against folks who know recent auction values.</p><p><br /></p><p>The MOUs make it awkward for Americans to buy coins minted on the territories of Italy, Greece, Egypt, and Bulgaria. It isn’t difficult — many auction houses seem happy to send coins without detailed customs paperwork. The difficulty is placed on those of us who wish to follow the rules. The auction houses have not made it easy to find out the documentation that will be provided if the lot is won.[/QUOTE]</p><p><br /></p>
[QUOTE="Ed Snible, post: 2780825, member: 82322"]eBay used to be an auction site. It is now mostly a fixed-price site. For example, there are 868 Greek coins listed for auction plus 19,835 “Buy it Now” items. Only 4% of the category is auction items. In Coins/Publications/World, we see 235 auction items and 3949 “Buy it now” (5.6%). Very few of the auction items start below the retail price so it is hard to consider them true auctions. Search results are clogged with the same undesirable items month after month. (If eBay offered a way to select only items that had not been relisted and to filter by sellers with 98%+ ratings it would be a very different experience.) Auction consolidators sixbid.com and numisbids.com gather nearly all auctions, no matter how obscure, and provide easy searching. There is less of a chance of finding something others have missed. CoinArchives used to be free. Novices could compare historical prices with current offerings. I believe that gave them more confidence to bid. Many mid-level collectors have told me that loss of access to historical auction search results and prices took the fun out of collecting for them. They lack confidence bidding against folks who know recent auction values. The MOUs make it awkward for Americans to buy coins minted on the territories of Italy, Greece, Egypt, and Bulgaria. It isn’t difficult — many auction houses seem happy to send coins without detailed customs paperwork. The difficulty is placed on those of us who wish to follow the rules. The auction houses have not made it easy to find out the documentation that will be provided if the lot is won.[/QUOTE]
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Coin market in the last decade - how has it changed?
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