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eBay announces new guidelines for selling both foreign & US coins, stamps & currency
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<p>[QUOTE="jlblonde, post: 1469431, member: 32000"]That's right! They go into effect July 1st, so they say. They're about 15 years too late in regulating coin auctions.</p><p><br /></p><p>eBay is a 1990's company, it still looks pretty much they same and their policies are a hodge-podge of meaningless dribble.</p><p>There's no teeth to their bite and scammers regularly return and apply their sick trade of ripping of the general public. The broad brush they paint when it comes to fees is also ridiculous. One small relatively cheap coin selling for $.50 to $1.00 US gets slapped with the following fees:</p><p><br /></p><p>Listing fee: approx $.10 (if not free at certain times or during specials, lately the first 50 auctions have been free)</p><p><br /></p><p>Shipping fee: $.15 approx </p><p><br /></p><p>Yes you are charged for charging the customer for shipping and handling costs. This is actually illegal since if you ship it yourself eBay has nothing to do with it. It is illegal because you are being charged for nothing and they are providing no services at all to you or the customer in regards to shipping. Plus it is not reported as earned income (taxable) which it is. If the banks can be stopped from charging you $5.00 to cash a check that was issued to you by an account holder at that bank, even though you yourself do not hold an account and that same bank, why can eBay charge for providing no service at all?</p><p><br /></p><p>End of auction fee: $.15 to $.30 approx</p><p>Paypal transaction fee: $.30 approx</p><p><br /></p><p>Total fees: $.70 to $.85[/QUOTE]</p><p><br /></p>
[QUOTE="jlblonde, post: 1469431, member: 32000"]That's right! They go into effect July 1st, so they say. They're about 15 years too late in regulating coin auctions. eBay is a 1990's company, it still looks pretty much they same and their policies are a hodge-podge of meaningless dribble. There's no teeth to their bite and scammers regularly return and apply their sick trade of ripping of the general public. The broad brush they paint when it comes to fees is also ridiculous. One small relatively cheap coin selling for $.50 to $1.00 US gets slapped with the following fees: Listing fee: approx $.10 (if not free at certain times or during specials, lately the first 50 auctions have been free) Shipping fee: $.15 approx Yes you are charged for charging the customer for shipping and handling costs. This is actually illegal since if you ship it yourself eBay has nothing to do with it. It is illegal because you are being charged for nothing and they are providing no services at all to you or the customer in regards to shipping. Plus it is not reported as earned income (taxable) which it is. If the banks can be stopped from charging you $5.00 to cash a check that was issued to you by an account holder at that bank, even though you yourself do not hold an account and that same bank, why can eBay charge for providing no service at all? End of auction fee: $.15 to $.30 approx Paypal transaction fee: $.30 approx Total fees: $.70 to $.85[/QUOTE]
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eBay announces new guidelines for selling both foreign & US coins, stamps & currency
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