Why can't I sell Paper Money / Bullion on Ebay?

Discussion in 'Coin Chat' started by Molon Labe, Jan 17, 2021.

  1. Molon Labe

    Molon Labe Active Member

    I would like to sale paper money and bullion. It seems I'm not set up for that. I updated my account info verified my banking and cell number and still no change on my manage payment to be lifted. What am I missing? Seems possible to get ahold of ebay on the phone . Ideas? Suggestions?

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  3. bradgator2

    bradgator2 Supporter! Supporter

    Is this their “managed payment system” notice? I believe they want to kick out paypal and manage the transactions themselves. Which means you have set it up.
  4. daveydempsey

    daveydempsey Well-Known Member

    It's been that way with managed payments since the beginning I believe, but starting the 25th of this month you'll be able to list coins/currency.
    capthank and -jeffB like this.
  5. Molon Labe

    Molon Labe Active Member

    Let's hope.

    I know ebay is dumping paypal. I sell other items on ebay and I updated and confirmed my banking info etc. This is why I'm confused. And trying to contact ebay is nearly impossible.
    capthank likes this.
  6. Derrick Combs

    Derrick Combs Well-Known Member

    It won't let me set up managed payments. It tells me it's not ready yet. But I had an email saying after January 13 and before January 25. It said after the 25 I wouldn't be able to list in coins and paper money category anymore if I didn't register. I contacted ebay through online chat and they didn't know why either but told me they noted it in my account that this was happening and supposedly I'll be able to keep listing after the 25. But idk. I'm moving some auctions to usacoinbook. If they don't allow me after the 25th I guess all will move over. And I even went and opened a separate checking account for this. That's what's really aggravating
    Molon Labe likes this.
  7. AuldFartte

    AuldFartte Supporter! Supporter

    I think if we all boycott ebay for long enough and move to other sites, ebay may change its tune. Maybe. Coin and currency sales provide ebay with a ton of income. If we don't participate, they lose money. Perhaps we (and coin sellers from other forums) can affect some kind of change. I, for one, will never allow ebay to manage my payments. Just a small suggestion. And I'm certainly not going to flame anyone for using managed payments. It is, after all, a personal choice for each of us.
    chuck123 likes this.
  8. Molon Labe

    Molon Labe Active Member

    I got a call today after I requested it Sat. The guy said people have complained enough they decided to uplift the restrictions. On the 25th it will open up for all...we will see
  9. Good Cents

    Good Cents Well-Known Member

    What are the pros and cons of using eBay Managed Payments?

    And what other websites are good for selling coins?
  10. Vess1

    Vess1 CT SP VIP

    There's no pros for the seller and makes no difference to the buyer. Ebay holds the payment from the transaction and then eventually releases it to the seller once the buyer is satisfied was my understanding of it. Was supposed to be another protection for buyers I guess?
  11. AlynnLeigh

    AlynnLeigh New Member

  12. Molon Labe

    Molon Labe Active Member

    Well it's the 25th and still not able to sell. Maybe they meant after the 25th. Back on the phone to get more answers.
  13. almostgem

    almostgem Junior Member

    USACoinBook, Wow, there's a site I forgot completely about. Evidently signed up in 2015. My login still works, however had to update the password.(May 6th 2015)
    Thanks for the refresher.

  14. OldRetiredGuy

    OldRetiredGuy New Member

    I am approaching the age of possibly selling some of my lifelong collection and the Ebay managed payment thing has me in a quandry also. I have sold a few items in the past using Paypal and all was well but now I am unsure what direction to take?

    I spent several hours earlier this month going thru various threads/posts within this forum and compiled a "short" list of alternative places to sell your coins which I will list below, however, I wish one of the more experienced members would post where they have had the best success, other than Ebay for selling their coins.

    Here is what I was able to garner from the forum threads:

    Within This Coin Forum
    ma SHOPS
    OmniCoin.com Coin Collectors Community
  15. coin_nut

    coin_nut Supporter! Supporter

    I tried using Ebid for a while, and was very unsatisfied. I bought some coin or coins from a guy in Belgium and they never arrived. When I complained to him, he said that he had mailed them so it was not his problem. I had no recourse. I had a number of coins listed for sale on there and never made any sales, even though I had them priced very low. I have not listed anything on ebay for a long time. I also would like to find a good place to sell coins online, as I am tired of ebay and their policies and near total lack of customer service.
  16. serafino

    serafino Well-Known Member

    The coins you last saw on USACoinBook 5 years ago are probably still up there for sale. ;).
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