I'm about to list several lots of 90% silver US coins. How long should I run the listing for? 1 day, 3?
If you want an honest answer run it for a full week, and end it mid to late evening eastern time on a Sunday.
2 weeks? lol just messin, how about 3 days and maybe start at .99 with the reserve at how much you want
I've never sold a thing on Ebay, but my logic would think you'd want to put more expensive items up for longer so that those buyers have time to search for and find your items to bid on them.
Most bidding on ebay usually occurs within the last few minutes of an auction after someone places an initial bid. Although setting it for a few days or so does give people time to notice your item and add it to their watch list to come back and bid later. As for the op I'd try to avoid a reserve if you can as most auctions with a reserve see less bid action, if you want a certain price for the item it's best to just put it as a buy it now for the price you want.
Yeah, it's mostly about giving time for them to find your item.. so that they can bid on it in the last 30 seconds
I'm on eBay frequently. I've always set mine for 7 days. It's a nice constant time to remember and gives people adequet time to find and make an offer.
IMO your item is not a rare coin so long auction will not increase the sell price by much, so it depends on what your outlook for silver prices are a week from now. A lot of auctions took a hit when silver dipped couple months back and lot of coins ended up going below spot for example.
I agree, if it's generic silver the length won't matter too much in terms of attracting bidders. If you list it this evening for three days it will end Sunday evening, which some say is good. The Super Bowl is Sunday evening. I don't know if that's good or bad for auctions.
Probably bad to end this Sunday, great for those people who don't care and likely will be browsing. I'd say the best day to make an auction end is on Mondays, preferably in the early evenings.
I don't recall where else I heard this but +1 for getting the most bang for your buck. I would also look at what other people are doing. Also, me personally, I would always do the Buy it Now AND the regular auction combined. Set the Buy It Now to your high end price you think someone might actually bite on, then you can fall back on the auction if you don't score.
Don't forget you can also set a reserve so if you don't get a high enough bid you don't have to sell it.
In my experience, the longer an auction runs, the more bidders you rack up (and, generally, the higher the closing price). But, eBay charges a premium for 10 day auctions that isn't always worth it on common / melt value silver.
i'd say how much do you want for your coins? are they junk silver? or high grade? you might be better just trying to find a buyer on her for instance...at least then you can avoid the 11% -15% you'll have to pay out to e-bay/paypal just make sure if someone pays here with a check you wait for it to clear then ship...not saying people aren't trustworthy on here...but it only takes 1 bad apple to lose...
