Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
How's the coin business on ebay these days? An interesting observation....
>
Reply to Thread
Message:
<p>[QUOTE="Vess1, post: 831318, member: 13650"]I found this to be very interesting and maybe great news for the hobby in general. </p><p><br /></p><p> I just received an e-mail from an ebay dealer letting me know some stuff had recently shipped. I purchased something else from this dealer about a month ago. </p><p> Naturally, I was curious if this dealer may have remembered me. After a quick look at their feedback though, I soon realized my answer. (LOL)</p><p><br /></p><p> <b>So then I became curious to know how business had been for this dealer over just the past <span style="color: Red">28</span> day month. </b> I figured, maybe I was a page or two back. The economy is slow after all. Wrong!! (20 pages back).</p><p><br /></p><p> My original intention was to go back through and see how many sales they had and add up the total dollar amount for us all to see. lol But soon realized I didn't want to waste an hour calculating it! (I did remember to click on the 'selling only tab.')</p><p><br /></p><p> From Feb. 1 to March 1, this dealer sold 434 items. Each item being a coin, mint set or boxes to a set. The items ranged in price from a few dollars up into the thousands. </p><p><br /></p><p> So, I decided to calculate the feedbacks left <b>ON ONLY Feb. 1st</b>, assuming that most of those were probably sold on the same day, or close. This seller received feedback for no less than <b>$12,317</b> worth of coins <b>on a single day</b>. And every date afterwards was similar or more! If that was the average, that's around $350k worth of business on a short month! I find this hard to believe.</p><p><br /></p><p> That's one, single, dealer......on Ebay no less. So, can it be said that the hobby is going strong, considering we're in arguably the worst economy since the Great Depression? My question is, what happens when things pick up!? Next question: Could this dealer do this well with a B&M shop ONLY? Probably not. I don't want to defend Ebays policies, but it was just an observation. </p><p><br /></p><p> I thought you guys might find this interesting. Most people, including myself, usually won't take the time to snoop around.[/QUOTE]</p><p><br /></p>
[QUOTE="Vess1, post: 831318, member: 13650"]I found this to be very interesting and maybe great news for the hobby in general. I just received an e-mail from an ebay dealer letting me know some stuff had recently shipped. I purchased something else from this dealer about a month ago. Naturally, I was curious if this dealer may have remembered me. After a quick look at their feedback though, I soon realized my answer. (LOL) [B]So then I became curious to know how business had been for this dealer over just the past [COLOR=Red]28[/COLOR] day month. [/B] I figured, maybe I was a page or two back. The economy is slow after all. Wrong!! (20 pages back). My original intention was to go back through and see how many sales they had and add up the total dollar amount for us all to see. lol But soon realized I didn't want to waste an hour calculating it! (I did remember to click on the 'selling only tab.') From Feb. 1 to March 1, this dealer sold 434 items. Each item being a coin, mint set or boxes to a set. The items ranged in price from a few dollars up into the thousands. So, I decided to calculate the feedbacks left [B]ON ONLY Feb. 1st[/B], assuming that most of those were probably sold on the same day, or close. This seller received feedback for no less than [B]$12,317[/B] worth of coins [B]on a single day[/B]. And every date afterwards was similar or more! If that was the average, that's around $350k worth of business on a short month! I find this hard to believe. That's one, single, dealer......on Ebay no less. So, can it be said that the hobby is going strong, considering we're in arguably the worst economy since the Great Depression? My question is, what happens when things pick up!? Next question: Could this dealer do this well with a B&M shop ONLY? Probably not. I don't want to defend Ebays policies, but it was just an observation. I thought you guys might find this interesting. Most people, including myself, usually won't take the time to snoop around.[/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
>
How's the coin business on ebay these days? An interesting observation....
>
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...