View Full Version : Ebay Prices (should we have an Ebay price guide?)
07-12-2012, 04:46 AM
This site goes to a lot of trouble to monitor Ebay prices! Wonder if we should do that?
Wonder what the benefit might be? Afterall, I suspect Ebay is the worlds largest source
of collector coins.
07-12-2012, 08:53 PM
Hmmm, it might be easier to just use a random number generator. We all have seen wild swings in prices on coins on eBay. All it takes is one serious bidder and one bidiot to go at each other and any reasonablness goes out the window it seems.
07-12-2012, 10:17 PM
Well, you can achieve some accuracy I would think, if the person assembling the price guide was knowledgable, and could
also throw out the high and low crazy stuff.
07-12-2012, 11:01 PM
The idea is good, but from my e-bay experience -I see the following problems
#1 - I've won a few auctions for well less than I expected - I assume because of the time the auction ended (guess none of the sharks were on then)
#2 - Sometimes, more common coins go for crazy prices. In last 6 months, I started collecting half cents. If you are willing to monitor e-bay frequently, you can get all of R1 & R2 half cents (except 1857) pretty reasonable ($20-$50 - G-VG-F). But occasionally I've seen a something like VG 1851 1/2 cent go over $100, then one an hour later in about VG ends at $45.
#3 - About half of the pictures make it impossible to figure out what variation the coins are and what condition. I usually avoid them but occasionally have taken a chance on a cheap coin and have scored a tough variation or two (and whiffed a couple times)
#4 - A few of the listings claim a certain variation or grade and it is clearly incorrect. It would take a lot of time to go through the postings to make sure what they advertised is what the coin actually is. (also the ones that in heading it states something but in item detail it says they don't know but maybe it is - they won't guarantee it)
Just my two cents.....
07-13-2012, 02:19 AM
I have sold some large cents on ebay this past few months and the results were as expected. I have been lucky to have bought the coins below graysheet in EAC grades, so there has been a good profit. I hope most of the buyers have been happy. I know I have sold to many of you. I am furrykidsstuff on ebay. My pictures are very clear and large. I have made errors on the S # once or twice, but have returned the funds ASAP to the bidder. I am sure all of the price guides monitor ebay. They must. I do not think we need to. Ebay is a true love / hate thing.
Just my random thoughts,
07-13-2012, 04:50 AM
Well, with all the internet commerce, Ebay may be the salvation of the hobby!
Afterall, how many places are there that have a coin store you can drive to (at $4 a gallon for gas).
I know I buy almost everything else on the net these days!
I loved going to coin stores as a kid, but the pickens were slim at times, and the prices were
way too high many times! Ebay is like the worlds largest coin store.
By the way, for a particular year coin, you can click competed items (left of page), and see what that year coin
has been selling for in the past on ebay.
Powered by vBulletin® Version 4.1.7 Copyright © 2013 vBulletin Solutions, Inc. All rights reserved.