Giving These Coins Away On eBay!!!!

Discussion in 'Coin Chat' started by mikenoodle, Jun 2, 2009.

  1. mikenoodle

    mikenoodle The Village Idiot Supporter

    I was looking through eBay and I came across this auction. It advertised a P & D set of 2009 sac dollars with a buy it now of $1.25!!!

    I started to think that the lister was an idiot until I realized that he's charging $3.95 for first class mail (less than 75¢) and that's where he's making money on the auction. The idiots are the people that don't catch this before they bid. Not that $5.25 is waaaay overpriced, it's more the fashion in which he lists the dollars that puts me off.


    http://cgi.ebay.com/2009-P-D-set-BU...66:2|39:1|72:1205|240:1318|301:0|293:1|294:50
     
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  3. bobbeth87

    bobbeth87 Coin Collector

    There's another action up for 4 tyler presidential $25 rolls. Starting bid 99 cents......with $95 shipping.

    I guess that is a way to avoid ebay fees. I wonder if ebay catches on to stuff like that?
     
  4. borgovan

    borgovan Supporter**

    It's called fee avoidance, and it's against the rules. It usually has to be pretty egregious, though, for them to take action. I'm guessing they'll mandate free shipping in the not-too-distant future. They've already started down that path with the DSRs.
     
  5. bobbeth87

    bobbeth87 Coin Collector

    So, isn't $95 shipping egregious? lol
     
  6. HandsomeToad

    HandsomeToad Urinist

    I couldn't find that listing. :goofer: Can you post a link to it? ;)

    Ribbit :)
     
  7. bobbeth87

    bobbeth87 Coin Collector

  8. mikenoodle

    mikenoodle The Village Idiot Supporter

    I thought ANY charge of shipping above the actual cost was against the rules??? Am I wrong?
     
  9. HandsomeToad

    HandsomeToad Urinist

  10. jloring

    jloring Senior Citizen

    eBay has a so called "excessive shipping policy" which is basically unenforceable. Here's an excerpt:

    ...eBay does not set maximum shipping and handling charges, sellers may charge reasonable shipping and handling fees to cover the costs of mailing, packaging, and handling. eBay will rely on member reports and its own discretion to determine whether or not a seller’s shipping, handling, packaging, and/or insurance charges are excessive.
     
  11. mikenoodle

    mikenoodle The Village Idiot Supporter

    I reported it. Hopefully they'll pull the auction. Maybe they'll refund some of the 15 or so people's money! That'd be real justice!
     
  12. Sholom

    Sholom retired...

    Good for you! Nice job! Us buyers/sellers have to help police ourselves.
     
  13. BadThad

    BadThad Calibrated for Lincolns

    What's even funnier is when they offer a full, money back return. LOLOLOL
     
  14. Leadfoot

    Leadfoot there is no spoon

    I really think there's nothing wrong with these types of auctions. Take for instance, a hole filler without access to these virtually-never-found-circulating coins. If you asked me to get you one of these coins, I honestly wouldn't know where to get one, so put yourself in my shoes... Would the price be that bad of a deal? I think not, and you all are free to disagree...Mike
     
  15. Leadfoot

    Leadfoot there is no spoon

    p.s. with bubble mailers, postage, and gas back and forth to the post office, $3.25 isn't that bad of a deal. But again, that's MHO.
     
  16. tmoneyeagles

    tmoneyeagles Indian Buffalo Gatherer

    Well, it doesn't cost him $3.95 to ship those...
    First Class Mail, for something that might have a total weight of 2 ounces, will be less than $2
    So, he is not making too much money of these...
    But that price isn't outrageous...
    Some people would say they only paid $1.25 for both coins, because they don't include shipping...
     
  17. mikenoodle

    mikenoodle The Village Idiot Supporter

    I wasn't complaining about it being a bad deal, I was complaining about him trying to skirt the fees on the auction by burying his profits in the shipping costs. He is selling $2 for $1.25, if it's not obvious that there's something going on, then I don't know when it ever would be.
     
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