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EBay sales don't make any sense sometimes
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<p>[QUOTE="Hiddendragon, post: 2862022, member: 25270"]I buy world coins out of dealer's junk bins and I resell the ones that I don't need for my collection on eBay. For most of them I have a set low price that I sell them for as buy it now, but I put aside the better coins until I have a group of them to sell as an auction. So a few months ago I did one of these auction sales and it went really well. People were bidding days ahead of time, often with multiple bids, and many listings had several watchers. Many of the coins had multiple bidders, and just about everything that got a bid sold for a decent amount more than I asked for it. </p><p><br /></p><p>Fast forward to today (Sunday) when I had another auction ending. I just had a feeling this one was going to be a dud. First of all, my buy it now sales have been slow all week. While there might not seem to be a connection, I've noticed that I sell in bunches and then have slow periods. I have a theory that eBay does something to display my listings more prominently sometimes and then not do so at other times. And I've been watching my listings, and a few had one bid as the week went on, but none had multiple bids, even into the day the auctions ended. When they finally ended, I did sell a bunch, but every single auction except for one only had the one bid, and several coins that were priced to sell in my opinion got no bids. Even though several listings had watchers, they didn't bid. </p><p><br /></p><p>Here's a great example. Both these coins are 1915 Mexican 1 centavos, Zapata versions. This is a key date and the book value in XF is $30. The first one pictured here was sold at my first auction. It has been cleaned, has damage, and I admit didn't have the best photo because I was still trying to figure out my new scanner. Yet this got 13 bids and sold for $21.56. </p><p><br /></p><p><br /></p><p>Coin number two is a much better version of the same coin. Better condition, not cleaned, no damage besides normal wear. I started this listing at $15 and got one watcher and no bids. How does this make any sense? Why do the auctions do great one time and bomb the next? </p><p>[ATTACH=full]681972[/ATTACH] [ATTACH=full]681974[/ATTACH][/QUOTE]</p><p><br /></p>
[QUOTE="Hiddendragon, post: 2862022, member: 25270"]I buy world coins out of dealer's junk bins and I resell the ones that I don't need for my collection on eBay. For most of them I have a set low price that I sell them for as buy it now, but I put aside the better coins until I have a group of them to sell as an auction. So a few months ago I did one of these auction sales and it went really well. People were bidding days ahead of time, often with multiple bids, and many listings had several watchers. Many of the coins had multiple bidders, and just about everything that got a bid sold for a decent amount more than I asked for it. Fast forward to today (Sunday) when I had another auction ending. I just had a feeling this one was going to be a dud. First of all, my buy it now sales have been slow all week. While there might not seem to be a connection, I've noticed that I sell in bunches and then have slow periods. I have a theory that eBay does something to display my listings more prominently sometimes and then not do so at other times. And I've been watching my listings, and a few had one bid as the week went on, but none had multiple bids, even into the day the auctions ended. When they finally ended, I did sell a bunch, but every single auction except for one only had the one bid, and several coins that were priced to sell in my opinion got no bids. Even though several listings had watchers, they didn't bid. Here's a great example. Both these coins are 1915 Mexican 1 centavos, Zapata versions. This is a key date and the book value in XF is $30. The first one pictured here was sold at my first auction. It has been cleaned, has damage, and I admit didn't have the best photo because I was still trying to figure out my new scanner. Yet this got 13 bids and sold for $21.56. Coin number two is a much better version of the same coin. Better condition, not cleaned, no damage besides normal wear. I started this listing at $15 and got one watcher and no bids. How does this make any sense? Why do the auctions do great one time and bomb the next? [ATTACH=full]681972[/ATTACH] [ATTACH=full]681974[/ATTACH][/QUOTE]
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EBay sales don't make any sense sometimes
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