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<p>[QUOTE="Hiddendragon, post: 9278144, member: 25270"]Good points about the prices of coins on eBay. Even as a seller I often look at what other people are charging to get an idea of what I should list my coins at, and I'm often flabbergasted at the prices I see a lot of other sellers listing things for. Sure, I want to make money like anyone else but I think if I charge to much then my inventory is going to just sit around gathering dust for years. The point of selling is to move merchandise. I also know what most of these coins cost at a decent coin shop and I feel like you can only push people past that point for so far before the convenience of having what you want sent to your door isn't enough to outweigh the bad deal you're getting. I think a lot of sellers have decided it's not worth it for them if it doesn't realize a certain minimum return, and that return just isn't realistic. Unfortunately shipping charges keep increasing. This year and last year USPS added a 30% holiday premium to package rates starting in October and running through January. Even with eBay's discounts for buying your shipping label on the platform, it can be nearly $4 for postage on even a 2-3 ounce bubble mailer, and that's not even figuring in the cost of the mailer, and also that eBay subtracts their fee percentage from whatever you charge for shipping. Especially if you sell low-value stuff you need to pass these costs along to the buyer or you're not making anything. </p><p><br /></p><p>That being said, most of these factors have been in place for awhile and it's only recently that I've noticed the sales falling off. I suspect it has to do with the economy and maybe politics to a certain extent. </p><p><br /></p><p>As for the young collectors, I agree the coin prices are a deterrent. Even when I first got really into coins, when I was about 29, the high price on U.S. coins is what drove me to turn to foreign and see all the value there. Many dealers do see their foreign coins as "something for the kids to play with," and I hope they do because there's a lot of neat things there. My 5-year-old got interested in coins this year, and now he has an album with coins from all over the world and he's at school shouting out things like "Zimbabwe" when the teacher asks for a word that starts with Z. It's a great way to learn about the world, about math, history and so much more.[/QUOTE]</p><p><br /></p>
[QUOTE="Hiddendragon, post: 9278144, member: 25270"]Good points about the prices of coins on eBay. Even as a seller I often look at what other people are charging to get an idea of what I should list my coins at, and I'm often flabbergasted at the prices I see a lot of other sellers listing things for. Sure, I want to make money like anyone else but I think if I charge to much then my inventory is going to just sit around gathering dust for years. The point of selling is to move merchandise. I also know what most of these coins cost at a decent coin shop and I feel like you can only push people past that point for so far before the convenience of having what you want sent to your door isn't enough to outweigh the bad deal you're getting. I think a lot of sellers have decided it's not worth it for them if it doesn't realize a certain minimum return, and that return just isn't realistic. Unfortunately shipping charges keep increasing. This year and last year USPS added a 30% holiday premium to package rates starting in October and running through January. Even with eBay's discounts for buying your shipping label on the platform, it can be nearly $4 for postage on even a 2-3 ounce bubble mailer, and that's not even figuring in the cost of the mailer, and also that eBay subtracts their fee percentage from whatever you charge for shipping. Especially if you sell low-value stuff you need to pass these costs along to the buyer or you're not making anything. That being said, most of these factors have been in place for awhile and it's only recently that I've noticed the sales falling off. I suspect it has to do with the economy and maybe politics to a certain extent. As for the young collectors, I agree the coin prices are a deterrent. Even when I first got really into coins, when I was about 29, the high price on U.S. coins is what drove me to turn to foreign and see all the value there. Many dealers do see their foreign coins as "something for the kids to play with," and I hope they do because there's a lot of neat things there. My 5-year-old got interested in coins this year, and now he has an album with coins from all over the world and he's at school shouting out things like "Zimbabwe" when the teacher asks for a word that starts with Z. It's a great way to learn about the world, about math, history and so much more.[/QUOTE]
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