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Very high charges for selling gold coins and other precious metals 12.9%
I just sold 1 ounce of .999 gold. Spot on this coin is about $1750.00 now. That doesn't include collectable value. I sold the coin for $1775.00. Shipping was around $25.00 with insurance. So I would have came out at spot. That's until E-bay took out 12.9% on the sale which was $220 plus. My final amount was $1550.00. $200.00 under spot on this gold. I could have sold this locally for spot at $1750.00. So I lost $200.00 plus by using E-bay. My bad for not doing the research on E-bay fee's which are very high for coins. My suggestion would be (If your going to use E-bay) to start bidding at 12.9 % higher than the coin is worth or try to sell it elsewhere. I've been using E-bay to buy and sell for years. Never again with coins. And I'll be taking a closer look at anything else I want to sell.
kh-laura
·3 years agoHi everyone,
Due to the age of this thread, it has been closed to further replies. Please feel free to start a new thread HERE if you wish to continue to discuss this topic.
Thank you for understanding.
soh.maryl
·4 years agoYou have been registered on eBay under this ID since September 7, 2005.
You have quite a bit of feedback as a seller.
The fees are clearly shown to you in more than one location, including when you list and sell.
You have been paying fees at this rate for a long time, presumably without a complaint.
Have to ask what made you suddenly realize how much you were paying?
12.9% is the most common FVF here on most items.
"And I'll be taking a closer look at anything else I want to sell."
That's an excellent idea.
solodextrose
·3 years agoI've been on ebay here longer than any of you but I remember for the longest time it used to be 10% and capped at $100. I don't know how people make money selling gold on ebay, or anything for that matter!