Online Auctions

Discussion in 'Coin Chat' started by Gregg, Nov 6, 2017.

  1. Beefer518

    Beefer518 Well-Known Member

    I do the opposite. I first hit the "Newly Listed" but eliminate the auctions. I look for under-priced buy it now's. Then I'll go to "Ending Soonest", and eliminate the BIN's, and see what coins can be had at a deal.

    I also use a sniping program, and place any bids with 3 seconds to go.
     
    LA_Geezer likes this.
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  3. LA_Geezer

    LA_Geezer Well-Known Member

    You probably have a lot more experience with coin pricing than I do. For BIN pricing, I find it difficult to tell from photos why one seller is asking, say, $120 for his 1920-D WLH and another wants $32 for one that looks just as nice... in the picture anyway. Because it is difficult for me to deal with pricing I have been reluctant to do any bidding at all on Morgan Dollars. I have not studied Morgans enough to get a grasp on what will cost more than I should spend. As a consequence, I have less than a dozen Morgans; some were gifts from friends.
     
  4. SilverWilliesCoinsdotcom

    SilverWilliesCoinsdotcom Well-Known Member

    Nope. Bill Gates might have a nasty sense of humor.
     
    Stevearino likes this.
  5. BlackBeard_Thatch

    BlackBeard_Thatch Captain of the Queen Anne's Revenge

    This is why I hate bidding on auctions. They charge stupid amount for the buyers premium and then on top of that these extra little charges that really add up, by the time you get the coin you're house is up for sale and you sold one of your kidneys.
     
    Gregg likes this.
  6. SilverWilliesCoinsdotcom

    SilverWilliesCoinsdotcom Well-Known Member

    I narrow eBay auction listings down to things that I really want to buy. Then? I decide what I am willing to pay for them and bid that. Then? I go fishing. I come back and see what I have. Sometimes I get a bargain. Yay. Sometimes, rarely, I get what I wanted to buy at the price I was willing to pay. That's a yay too. Sometimes I get nothing, but it cost me nothing. Plus I had some fun. More yay.
     
  7. SilverWilliesCoinsdotcom

    SilverWilliesCoinsdotcom Well-Known Member

    Send photos of said daughters.

    Also, change your searches to include phrases to EXCLUDE, i.e.

    Peace dollar -1922 -pq -gem -! -wow -rare

    the minus sign in front of a word or "a phrase" indicates don't show me this stuff
     
    Gregg likes this.
  8. chascat

    chascat Well-Known Member

    In the case of 1922-D Peace Dollars and all other dates with exception of the 1934-S the word "rare" should be only used for the finest grades. B U coins of average quality should be known as "SCARCE" for the tougher dates, but not for common Gem BU dates. All those other terms are nothing but ment to hype the bidder into overbidding. Put a cap on your bids for this common stuff as there are pages and pages of these common dates available.
     
    Gregg likes this.
  9. KevinM

    KevinM Well-Known Member

    I bid on rifles online got to be near mint anymore.I place a bid I feel is comfortable w/auction fee's should be fairly well below market price then I go eat dinner forget about it.I have won 5 in the last 2 1/2 years(one from Jerry Kuhnhausen collection) some pretty old with hardly a shot fired through them.My luck with Morgan Dollars is not so good by the time I pay fee's then if graded I end up a lot of times 10-20% above the values of PCGS/NGC but way under if I need to resell if needed to the LCS(greybook) like 50% sometimes.So I backed off the auction houses in the last year but if I decide to get back into it it will be ungraded coins and I am not sending them off to be graded unless it's a real deal.Coin collecting is a hobby not a money making venture for a bloke like me that was my mistake.;)
     
    Gregg likes this.
  10. NYandW

    NYandW Makes Cents!

    A bit of whining, perhaps?
     
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