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<p>[QUOTE="frech001, post: 2207930, member: 20616"]I've been selling coins on eBay for several years and have never used the reserve price option until today, for one coin, thanks to this thread. If I list a coin with a 99¢ starting bid it will often attract at least one bidder who may also take advantage of my combined shipping and purchase a number of coins for 99¢ each. That is a great way to sell a number of low value coins. If I list a coin with a starting bid equal to 1/3 - 1/4th the book value it will likely not sell. People are looking for a bargain and don't seem to take the time to check the book values on coins with a higher than 99¢ starting bid. So, they buy a dollar coin for 99¢ plus shipping charge even though they probably don't need it and they will pass up a bargain on a more valuable coin. In a soft market what is a seller supposed to do?[/QUOTE]</p><p><br /></p>
[QUOTE="frech001, post: 2207930, member: 20616"]I've been selling coins on eBay for several years and have never used the reserve price option until today, for one coin, thanks to this thread. If I list a coin with a 99¢ starting bid it will often attract at least one bidder who may also take advantage of my combined shipping and purchase a number of coins for 99¢ each. That is a great way to sell a number of low value coins. If I list a coin with a starting bid equal to 1/3 - 1/4th the book value it will likely not sell. People are looking for a bargain and don't seem to take the time to check the book values on coins with a higher than 99¢ starting bid. So, they buy a dollar coin for 99¢ plus shipping charge even though they probably don't need it and they will pass up a bargain on a more valuable coin. In a soft market what is a seller supposed to do?[/QUOTE]
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