Profesional Ebay Snipers

I see the sniping game as like a "telemarketer" (very irritating) and usually over pays as I grin.

 

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Got a lot response from the coin talk...!! Happy st. Paddyman98 day ...in the brush undercover long island...

 

I bought a large cent for $40 and sold it for $110 9 months later... does that count as being a sniper...?

 

That is an Odd way for a member to snipe.....what sniper worthy of the title waits 9 months to flip?

(See what I did there? It is a joke, not great one, but....a joke).

 

LOL, not bad @charley

 

I was kidding about qualifying to be a sniper btw

 

Buy low sell high!

 

Good luck with that. I think it is a bit more accurate to state "buy high sell low", in the ebay sniper world.

 

TACKY TACKY

 

I turn ebay purchases into ebay profits every single day or near about anyway. For example two weeks ago I was browsing the $1 capped bust auctions, Saw a 1832 that looked so messed up you couldn't make out much detail and it was very dirty. I bought it for $36. I ran it for one hour through my tumbler. ONE HOUR. After I dried it, used a small amount of "MS70" and posted it back up on ebay as a "cleaned " coin. Two days later it sold for $187.00. I do not rob people I am very straight up in my desciptions of the coin and I even list the posted PCGS, NGC, and redbook listings for the exact coins and I always offer hassle and money free returns.
I said more than I planned to say. There are many many other examples of my turning over many less than appealing purchases
There are many ways to increase your gains while still giving the buyer what he wants. It has taken several years to learn all the little in and outs and ways to better your popularity with buyers, But those are things that come with experience and hard knocks. So if you want the answers get your feet wet set up your store get knocked down a couple times learn all the little unwritten rules and good luck my friend

 

Lol, you expect us to believe you ran a coin through a rock tumbler? I like it! You could augment your profits by polishing agates, quartz etc at the same time. I wish to subscribe to your newsletter.

 

That Leroy Jethro Gibbs?

 

I'm not a sniper, but I do determine beforehand the maximum bid for a coin that I want/need, then the last 5 seconds, I make that bid. Sometimes it works, sometimes it doesn't. Either way, I don't get caught up in a bidding war. The type of coins that I collect are always available eventually. There was one particular coin with a memorable date (for my family) that I waited approx. 5 years until one came along in my price range. Darned if I didn't get it with 50c to spare!

 

Interesting conversation, maybe what I'm reading here is why I have never purchased a coin on eBay. That plus in other threads, I read about how coins are going for 300-500 percent higher than actual value. Since I'm not a dealer, I don't have or want to spend the amount of time it would take to make a safe purchase on eBay. I'm not trying to be negative towards eBay, it's just some feedback for dealers from a skeptical eBay user.

 

You're welcome to help him if you want.

 

I'm not an eBay sniper. I am an eBay and coin show and coin dealer cherrypicker. Over my 66 years of coin collecting I have purchased over $4,000 worth of reference books on coins, coin die characteristics, variety books, errors, etc. Nothing on sniping on eBay. I know eBay snipers but they don't reveal their secrets. Why should they? They don't want competition. I welcome cherrypickers because they are educating themselves to recognize rare coins and varieties, undergraded coins, counterfeits or altered coins. It might be nice to sit back and let some app snipe eBay but what do you learn about coins and coin collecting? Now, when I talk to young collectors, I try to educate them on the art of cherrypicking. Enjoy eBay sniping. But as for me, I'll enjoy eBay cherrypicking.

 

All it takes really is a .01 start. Yes people will get in a bidding war. Even if it brought a hundred. He paid 36. .01 start with free shipping the sharks go wild

 

I don't have any problem with your methodology. It is not sniping, and is not getting caught up in the psycho gotta win it bid war mentality that is so tiresome.

Good on you for finding a niche.

 

The only time I use eBay snipping, is when I find an AUCTION item that I must have. I set the purchase limit price (on auctions) , the maximum price that I am willing to pay for it. You have to be realistic with yourself, and tell your self; "How would I feel if I lost the bid by $1.00?" If you feel OK, then that's the max you are willing to spend for it. I would go ahead and enter this Proxy bid. I use eSnipe.com. Great service.

I can then be assured that whenever the auction ends, my bid will be entered and it will automatically out bid all others at the last 3 seconds. This saves me the time and effort of up-bidding in real time the price that I am willing to pay. Most of the time I am the high bidder and have saved a lot of money in the eBay auctions.

 

Not anymore. Loose lips sink ships