Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Former eBay sellers, why did you stop?
>
Reply to Thread
Message:
<p>[QUOTE="afantiques, post: 2147370, member: 71234"]<i>Right now I only sell coins under $10 since USPS lost a package. After 2 weeks it hadn't arrived so I refunded the buyer and now I am out the money and the coin. It sold for $14 and lists at $20. I now have a small basket of coins worth over $10 I got to figure out what to do.</i></p><p><br /></p><p>his makes no sense at all. The important figure is how many out of 100 you lose. </p><p><br /></p><p>It is inevitable that you lose the occasion item. You do not lose the coin and the money,just the cost of the coin to you, and the postage. the 'money ' came from the buyer and went back to the buyer. It was never yours. You cannot own the item and the payment.</p><p><br /></p><p>To stop because of one trivial problem is just plain silly. Ebay is a good place to sell low value coins because you can shift hard to move items in large enough numbers for the occasional loss to be written off against profits. With $10 coins, 10c. added to your shipping.handling charge will cover you for 1 in 100 failing to arrive. Just refund and look cheerful when it happens.</p><p><br /></p><p>In general the buyers of the occasional coin of modest value as you describe are the most trustworthy market.</p><p><br /></p><p>Few people who are into coin collecting in the first place are going to be tempted to try and steal $10 or $20. My self respect might take a knock or two for tens of thousands but not for pocket change.</p><p><br /></p><p>I have sold thousands of such coins, invariably sent by basic untracked post to all round the world and domestically and my losses have been too trivial to matter.[/QUOTE]</p><p><br /></p>
[QUOTE="afantiques, post: 2147370, member: 71234"][I]Right now I only sell coins under $10 since USPS lost a package. After 2 weeks it hadn't arrived so I refunded the buyer and now I am out the money and the coin. It sold for $14 and lists at $20. I now have a small basket of coins worth over $10 I got to figure out what to do.[/I] his makes no sense at all. The important figure is how many out of 100 you lose. It is inevitable that you lose the occasion item. You do not lose the coin and the money,just the cost of the coin to you, and the postage. the 'money ' came from the buyer and went back to the buyer. It was never yours. You cannot own the item and the payment. To stop because of one trivial problem is just plain silly. Ebay is a good place to sell low value coins because you can shift hard to move items in large enough numbers for the occasional loss to be written off against profits. With $10 coins, 10c. added to your shipping.handling charge will cover you for 1 in 100 failing to arrive. Just refund and look cheerful when it happens. In general the buyers of the occasional coin of modest value as you describe are the most trustworthy market. Few people who are into coin collecting in the first place are going to be tempted to try and steal $10 or $20. My self respect might take a knock or two for tens of thousands but not for pocket change. I have sold thousands of such coins, invariably sent by basic untracked post to all round the world and domestically and my losses have been too trivial to matter.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Former eBay sellers, why did you stop?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...