I am really happy to see Member's
Auctions again, seems like it has been a while. I will certainly be checking it out. I have to admit the one coin I have sold via this means was for a lot less than I expected to get (and it wasn't a high number in the first place). If I
had known, I would have kept the coin. That is immaterial, though, in the end. I never sell anything on
Ebay with any value without a minimum bid (I don't sell coins there). That is the problem with starting bids of $0.99 and yet I do get it. I think I have picked up some here where the seller was likewise unhappy it went for such a
low price. Such are pure
auctions. I just don't want to be the sucker like I feel I was in my experience.
I have a few more coins I would consider
selling via the Member's
Auction, but a couple of problems. I have no idea what a certain coin may sell for, hence my one experience resulting in what was essentially a waste of my own time only because the effort (including my time posting, packaging, postage, and the like), simply wasn't worth the effort and the very inexpensive coin went for less than I
had in it. I learned a long time ago that I will not ever try to sell a book on
Ebay for less than $5.00, even with the seller paying postage. Just not worth the time and packaging materials are way more expensive than most people think unless you are
buying them in huge
bulk. Most people expect to pay $0.50 for a book. It gets old and with all the fees, you can easily lose
money selling on
Ebay today (and Paypal sucks even more, especially with their new TOS), unlike ten years ago. But, the entire Internet is like this now. It was once a wonderful place that has been totally corrupted (
Forum is one of the exceptions) by capitalism that I predicted would happen in 1997. LOL. I hate being right, but I understand American capitalism and that win-win situations are not acceptable.
The second thing is I have no idea how to actually grade coins. The one I sold, I did not include a grade and figured whoever bid would see the pics and decide for themselves. I am very uncomfortable assigning grades, especially since so many are overgraded that I see on dealer and
auction sites, and a few are actually probably undergraded. I am never going to pretend I know a coin's grade unless it was graded when I bought it (and even then, I don't always believe their VF is actually a VF). A requirement for a certain grade is a showstopper for me.
Anyway, I will probably buy more on Member's
Forum than I sell. I may actually put some on
Ebay and see what happens, never tried that. At least I know my coins are real. LOL.
Virgil