That is difficult. I made allot of trips selling off stuff. But it was only 15 minutes away. I always tried to schedule multiple people for the same evening. It's grueling.
5% agent commission in NYC what a joke. It was exclusive. It should have been 3% . We got blindsided at table. Always negotiate and get it written on the REA contract. They got 30,000 from us!!!
Back to selling stacks. Does anybody have a good formula for working out a selling price for " junk coin silver" eg.. 90% x weight x 5% seller fee...?
Shipping? Who's gonna pay 5$ shipping on each coin? Or whatever the minimum is. That's what's stopping me from using eBay.
Yup. If you list a lot of items, there's also a (small) fee to add the listing, and you can buy various extras (boldface title, featured position, etc) for more money. Final value fee is normally 10% of the sale price. If you pay a monthly or annual fee to maintain an "eBay Store", you can get discounted final value fees in some categories, including Coins and Paper Money (I think it goes down to a bit over 6%).
Listing as a single large lot would cost less than listing the coins individually. Listing more than I think 100 coins per month would start incurring listing fees. (I think you get 100 free listings per month, might be more or less.)
In our August auction he charged 15%. For this Saturday's auction he dropped it to 12% because I negotiated it down; having a good turnout in August didn't hurt the negotiation. Steve
If I looked back over 5 years to see what I paid for a lot of the stack and it was under $17 an ounce, I'd take the $7,700 offer. It's not the best (I'd expect over $7900 for the whole lot minus the Peace Dollars and Libertads) but to save the hassle of trying to squeeze out a few hundred more, I'd take it.
When ebay pulls that nonsense I just list in "collectibles" instead of coins to get the capped final value fee
Yeah, but again, that loses you all the category searchers. I have no idea how much it impacts actual viewership; I suppose I should run a couple of experiments.