Just a curious one for me

[azda 979]

Looking about i spotted an Edward VI 1551 Halfcrown which i thought i'd seen elsewhere before. I did a little digging around on the site where i initially thought i'd seen it but it was'nt the same coin. So more digging on coin archives i eventually found it. I realsie dealers have to make a crust, but it seems at the expense of upping half a grade when the auction house in my opinion gave a perfectly fine grade for it.

So here's the coin in question sold at St James`on the 19th April this year

http://www.coinarchives.com/w/lotviewer.php?LotID=1157747&AucID=1066&Lot=154&Val=9fc76a441ce1fc8c3c15fa2c83b92e33 Observe price and more importantly the grade

Now the same coin which seems to have gone upwards in grade...............

http://www.ebay.co.uk/itm/360453293423?ru=http%3A%2F%2Fwww.ebay.co.uk%2Fsch%2Fi.html%3F_sacat%3D0%26_nkw%3D360453293423%26_rdc%3D1

Yes i know people have different opinions about grades, but obviously St James`cannot grade or buckscoins is looking for a 1000 profit.............Based on SPINKS PRICE GUIDE (notice i added GUIDE) for Fine 750 and VF 2250, so adding half a grade certainly boosts profits.

Whats the hammered guys opinion on grading?

[Rob 3,152]

Looking about i spotted an Edward VI 1551 Halfcrown which i thought i'd seen elsewhere before. I did a little digging around on the site where i initially thought i'd seen it but it was'nt the same coin. So more digging on coin archives i eventually found it. I realsie dealers have to make a crust, but it seems at the expense of upping half a grade when the auction house in my opinion gave a perfectly fine grade for it.

So here's the coin in question sold at St James`on the 19th April this year

http://www.coinarchives.com/w/lotviewer.php?LotID=1157747&AucID=1066&Lot=154&Val=9fc76a441ce1fc8c3c15fa2c83b92e33 Observe price and more importantly the grade

Now the same coin which seems to have gone upwards in grade...............

http://www.ebay.co.uk/itm/360453293423?ru=http%3A%2F%2Fwww.ebay.co.uk%2Fsch%2Fi.html%3F_sacat%3D0%26_nkw%3D360453293423%26_rdc%3D1

Yes i know people have different opinions about grades, but obviously St James`cannot grade or buckscoins is looking for a 1000 profit.............Based on SPINKS PRICE GUIDE (notice i added GUIDE) for Fine 750 and VF 2250, so adding half a grade certainly boosts profits.

Whats the hammered guys opinion on grading?

Good fine, the reverse maybe slightly better, so a thousand pound coin ish. Halfcrowns are much, much harder to find in decent grade for this issue than the crowns. You tend to hit a brick wall around VF in terms of availability.

[Coinery 1,153]

I'd say St James were about right!

With buyers premium £1100, eBay and PayPal will take £300, knowing ebay, someone will offer him £1600 (probably), £200-300 profit!

I'd be very happy with that on a £1k outlay!

I have had a couple of decent auction steals from this seller!

[azda 979]

EBay will take £40 Stuart and if paid with PP about £60. He's had 1 offer already, but if Robs grading is correct then its already at its money when he bought it

[Coinery 1,153]

EBay will take £40 Stuart and if paid with PP about £60. He's had 1 offer already, but if Robs grading is correct then its already at its money when he bought it

I wouldn't mind your terms on eBay and PayPal! I have to pay 13.5% + 20p on anything I sell

I usually factor 15% when I'm selling something, so hence the £300 on £2k

Edited July 29, 2012 by Coinery

[azda 979]

You'll be a private seller Stuart and not a business seller, business seller Rates dis not increase, hence the £40 fee, for the rest of us its 10% up to a maximum of £75 plus 3.5% in PP

[Coinery 1,153]

You'll be a private seller Stuart and not a business seller, business seller Rates dis not increase, hence the £40 fee, for the rest of us its 10% up to a maximum of £75 plus 3.5% in PP

You've got me all confused here, Dave! £40 is only a 2% fee on £2000! What eBay platform is offering that? It's my understanding that business sellers pay a flat-rate 10% WITHOUT the luxury capping of £75 ????????????

I could be wrong?

[azda 979]

£40 was the set fee for all sellers on auctions over £400 its still the same now for Business sellers, but eBay has just raised their limit now, so for private sellers the fees are now still 10% but up to a Maximum of £75 fee instead of the Old £40 fee the new £75 applies to private sellers only, business sellers are still at the Old £40 rate until eBay decides they need to rape more cash

[azda 979]

I think you're under the assumption Stuart that its 10% in every pound for eBay fees, its only up to a Maximum of £75 Fee for private sellers and £40 for a Business seller

[Coinery 1,153]

I think you're under the assumption Stuart that its 10% in every pound for eBay fees, its only up to a Maximum of £75 Fee for private sellers and £40 for a Business seller

Are you talking about German ebay? I've been looking over the UK business seller fees, and there is no capping mentioned, just a fixed-rate 10%!

I can never recall benefitting from a £40 capped fee, nor even a fixed £75?????

[azda 979]

Yes Stuart, UK eBay, thats where i sell a few coins on and My fees over a £400 sale were £40 but they have now increased to a Maximum of £75. I think you'll just have to Trust me on this one.

[argentumandcoins 70]

It's a flat 10% + 25p transaction charge + paypal at 2.9% (additional charges for foreign transcations to be paid by the seller) + listing fee, so I work on an average of 14%. I am a business seller and have been on these terms for a long time now. Your fees are therefore much higher on the endless list of things worth £10 that come off at £0.99 (closer to 40%).

As a top rated seller I get a 10% discount on my final value fees so they, rather graciously, only charge me 9%.

If you log onto the ebay UK fees for private sellers it quotes the 10% up to £75, business is a flat 10% of every penny you sell for.

[Peckris 579]

It's a flat 10% + 25p transaction charge + paypal at 2.9% (additional charges for foreign transcations to be paid by the seller) + listing fee, so I work on an average of 14%. I am a business seller and have been on these terms for a long time now. Your fees are therefore much higher on the endless list of things worth £10 that come off at £0.99 (closer to 40%).

As a top rated seller I get a 10% discount on my final value fees so they, rather graciously, only charge me 9%.

If you log onto the ebay UK fees for private sellers it quotes the 10% up to £75, business is a flat 10% of every penny you sell for.

It's still cheap compared with the commission rates of auction houses.

[argentumandcoins 70]

It's a flat 10% + 25p transaction charge + paypal at 2.9% (additional charges for foreign transcations to be paid by the seller) + listing fee, so I work on an average of 14%. I am a business seller and have been on these terms for a long time now. Your fees are therefore much higher on the endless list of things worth £10 that come off at £0.99 (closer to 40%).

As a top rated seller I get a 10% discount on my final value fees so they, rather graciously, only charge me 9%.

If you log onto the ebay UK fees for private sellers it quotes the 10% up to £75, business is a flat 10% of every penny you sell for.

It's still cheap compared with the commission rates of auction houses.

I think auction houses are even worse than bankers bonuses Peck. Whatever the sellers rate is there are always nice little stealth taxes, insurance/storage, lotting fees, pictures fees etc etc.