Ebay's Worst Offerings

[Coinery 1,148]

you would have to question the wisdom of selling anything on eBay at the moment.

Agreed! I'd have been very disappointed if this had been my listing 200997037973 ! Even though the reverse is a little messy, it's still a lesser of the E1 denominations, and in a very collectable grade! I've bought it for someone who wants a wall 'mounted' denomination set...I think this'll do nicely!

Edit: re post...very tricky, as some people will be sucked in by 'free' postage, and others won't care about £15, providing the coin's £15 less than they're prepared to pay!

Edited December 9, 2013 by Coinery

[azda 979]

I have a few things listed on the bay but i'm letting them run out and not relisting until the end of the month, all are BINs though

[Rob 3,152]

you would have to question the wisdom of selling anything on eBay at the moment.

Agreed! I'd have been very disappointed if this had been my listing 200997037973 ! Even though the reverse is a little messy, it's still a lesser of the E1 denominations, and in a very collectable grade! I've bought it for someone who wants a wall 'mounted' denomination set...I think this'll do nicely!

Edit: re post...very tricky, as some people will be sucked in by 'free' postage, and others won't care about £15, providing the coin's £15 less than they're prepared to pay!

That's the point. By expecting either free postage or bidding to a P&P inclusive overall price, they are effectively losing sight of the fact that postage has a cost. Not only that, you also have to consider ebay fees, which when added together can come to some 20% of the total. If you want to rely on the convenience of eBay, it shouldn't be unreasonable to expect to pay 10-20% more than you need to unless you are prepared to do a bit of spadework. If I was listing a BIN, it would need to be priced at what I want for the coin plus total costs. If I wanted to be greedy, then I would list at the above plus a variable percentage. eBay covers several reasons for selling. If it is to act as an arm of an existing business, then it should be cost plus, if it is being used as a means of selling off unwanted items whereby you raise what you can, then there is a greater acceptance by the seller to absorb the overheads. Too many ebay buyers look on it as an outlet for sales to be 'disposing at any cost' only. They couldn't be further from the truth. Cross-subsidies invariably distort a market, whether physical, theoretical or imagined.

[Asumel 6]

http://www.ebay.co.uk/itm/2013-ROYAL-MINT-ST-GEORGE-AND-DRAGON-20-TWENTY-POUND-SILVER-COIN-PCGS-MS-69-/181266252492?pt=UK_Coins_Bullion_Bars_SM&hash=item2a344f82cc

twice the non slabbed prices on there and over 6 times face value

[azda 979]

There does'nt seem to be quite the rush as some of those sellers anticipated. You can get one for just over face on ebay unslabbed

[Rob 3,152]

If anyone requires an assessment of grade when they come straight from the mint, it suggests that the prospective purchaser assumes are despatched from Llantrisant as grapeshot. I fail to see why anyone wants to slab a currrent output coin that comes in a sealed packet from the mint. This really is the epitome of a marketing triumph and the TPGs must be laughing all the way to the bank. I would also question how much attention the graders pay to the coin in any grade assigned apart from MS70, because just about all should be pretty much perfect, as struck. i.e. a no-comeback MS69. Ker-ching, ker-ching, ker-ching etc

[azda 979]

If anyone requires an assessment of grade when they come straight from the mint, it suggests that the prospective purchaser assumes are despatched from Llantrisant as grapeshot. I fail to see why anyone wants to slab a currrent output coin that comes in a sealed packet from the mint. This really is the epitome of a marketing triumph and the TPGs must be laughing all the way to the bank. I would also question how much attention the graders pay to the coin in any grade assigned apart from MS70, because just about all should be pretty much perfect, as struck. i.e. a no-comeback MS69. Ker-ching, ker-ching, ker-ching etc

Agreed but there are 2 fools in this, the 1 who slabs it straight from the mint and the other who buys it for an over-inflated price in the slab

[Paulus 1,975]

If anyone requires an assessment of grade when they come straight from the mint, it suggests that the prospective purchaser assumes are despatched from Llantrisant as grapeshot. I fail to see why anyone wants to slab a currrent output coin that comes in a sealed packet from the mint. This really is the epitome of a marketing triumph and the TPGs must be laughing all the way to the bank. I would also question how much attention the graders pay to the coin in any grade assigned apart from MS70, because just about all should be pretty much perfect, as struck. i.e. a no-comeback MS69. Ker-ching, ker-ching, ker-ching etc

Agreed but there are 2 fools in this, the 1 who slabs it straight from the mint and the other who buys it for an over-inflated price in the slab

I guess the first guy isn't so stupid if there is a second guy, but it's crazy isn't it, as you say they are selling for just over face value on the Bay at the moment (or considerably less on occasion, if you refer to my post the other day!)

Link

Edited December 10, 2013 by Paulus

[just.me 23]

Been collecting and selling for 50 years, wouldn't imaging too much selling at that price. Maybe it is double/treble struck

http://www.ebay.co.uk/itm/Rare-1884-Queen-Victoria-Hair-In-Bun-EF-Toothed-Beads-Bronze-Farthing-/271345551855?pt=UK_Coins_BritishMilled_RL&hash=item3f2d7489ef

[Paulus 1,975]

Been collecting and selling for 50 years, wouldn't imaging too much selling at that price. Maybe it is double/treble struck

http://www.ebay.co.uk/itm/Rare-1884-Queen-Victoria-Hair-In-Bun-EF-Toothed-Beads-Bronze-Farthing-/271345551855?pt=UK_Coins_BritishMilled_RL&hash=item3f2d7489ef

I think (for a laugh) that all of us who visit these eBay laughs links should 'watch' the item concerned, just to get the seller's hopes up!

[Coinery 1,148]

I will be bidding but...

171194365394

[azda 979]

I will be bidding but...

171194365394

BUT..................its pewter

http://www.ebay.co.uk/itm/171194365394?ru=http%3A%2F%2Fwww.ebay.co.uk%2Fsch%2Fi.html%3F_sacat%3D0%26_from%3DR40%26_nkw%3D171194365394%26_rdc%3D1

[Coinery 1,148]

I will be bidding but...

171194365394

BUT..................its pewter

http://www.ebay.co.uk/itm/171194365394?ru=http%3A%2F%2Fwww.ebay.co.uk%2Fsch%2Fi.html%3F_sacat%3D0%26_from%3DR40%26_nkw%3D171194365394%26_rdc%3D1

Home-made punches, so I'm guessing so! I think the explanation as to why the legend was shortened is the best bit of all! I have emailed!

[Peckris 579]

I will be bidding but...

171194365394

BUT..................its pewter

http://www.ebay.co.uk/itm/171194365394?ru=http%3A%2F%2Fwww.ebay.co.uk%2Fsch%2Fi.html%3F_sacat%3D0%26_from%3DR40%26_nkw%3D171194365394%26_rdc%3D1

Home-made punches, so I'm guessing so! I think the explanation as to why the legend was shortened is the best bit of all! I have emailed!

A Queen Mary groat of 1953-54? Now that WOULD be worth having! I wonder if it's the Mary Gillick portrait.

[Rob 3,152]

Why?

http://www.ebay.co.uk/itm/coin-/121232261134?pt=UK_Coins_BritishHammered_RL&hash=item1c3a01800e

This is the crap that clutters up ebay. 2 days to go, and still nothing to see.

[Coinery 1,148]

I will be bidding but...

171194365394

BUT..................its pewter

http://www.ebay.co.uk/itm/171194365394?ru=http%3A%2F%2Fwww.ebay.co.uk%2Fsch%2Fi.html%3F_sacat%3D0%26_from%3DR40%26_nkw%3D171194365394%26_rdc%3D1

Home-made punches, so I'm guessing so! I think the explanation as to why the legend was shortened is the best bit of all! I have emailed!

A Queen Mary groat of 1953-54? Now that WOULD be worth having! I wonder if it's the Mary Gillick portrait.

I've got to sneak this one...shhhhhh!

[Accumulator 52]

Now here's a bargain. "A 1913 George v penny box not included." For £1,000 what do you expect, a box to put it in?

[Peter 615]

Now come on chaps I will bid BUT insist on the box.

[TomGoodheart 400]

Why?

http://www.ebay.co.uk/itm/coin-/121232261134?pt=UK_Coins_BritishHammered_RL&hash=item1c3a01800e

This is the crap that clutters up ebay. 2 days to go, and still nothing to see.

OOOOOOOh! Those do annoy me! How Bloody Lazy is my response.

Do you want to sell or just waste my time? Because I'm giving away Pissed Me Off for free with the latter. :angry:

[TomGoodheart 400]

Now come on chaps I will bid BUT insist on the box.

Tell you what Peter. I can let you have a very nice little red box that says 'Spink' on it for well under a Grand!

Apparently they used to deal in coins a long time ago, so it's Historical (and therefore worth every penny I shall charge!)

[Accumulator 52]

Now here's a bargain. "A 1913 George v penny box not included." For £1,000 what do you expect, a box to put it in?

The seller has just changed his description! It did have a 'buy it now' price of £1,000. I wonder if the message I sent him prompted the change?

[Rob 3,152]

Now here's a bargain. "A 1913 George v penny box not included." For £1,000 what do you expect, a box to put it in?

The seller has just changed his description! It did have a 'buy it now' price of £1,000. I wonder if the message I sent him prompted the change?

I also wonder if it should have ** after the country of origin?

[Peckris 579]

Why?

http://www.ebay.co.uk/itm/coin-/121232261134?pt=UK_Coins_BritishHammered_RL&hash=item1c3a01800e

This is the crap that clutters up ebay. 2 days to go, and still nothing to see.

I just messaged her telling her she was wasting MY time and everybody else's, and if she got a bid it would be off someone in a padded cell with no bank account.

[bagerap 706]

Must have been a free insertion weekend. It brings all the numpties out.

[Rob 3,152]

Must have been a free insertion weekend. It brings all the numpties out.

Every other weekend is a free listing weekend, or so it seems. Given eBay's ramping up of fees, it is little wonder that it is so popular. People don't buy so much during the week, so it's a no-brainer for sellers in an attempt to restrict costs. If you had listing fees and only sold 10% or less, your time would be better off driving to the tip. And it would be cheaper.