Wonderful news for us coin/bullion people (tell any buddies who already abandoned ship)

[gurlcat]

Sellers in the Coins & Paper Money and Bullion categories will be enabled for managed payments
Just got this email an hour ago, wanted to share with anyone who didn't receive it. 

Starting January 13, 2021, sellers in the Coins & Paper Money categories, including Bullion, will be notified to register or will be activated for managed payments if you’ve already pre-registered. Sellers that are already activated on managed payments may create listings in these categories beginning January 25. Learn more about managed payments.

Thank you for selling on eBay,

Your Selling Team

[wesk_36]

I sell mostly silver coins on my selling account but I don't see any change to their policy in the link you posted,  or any other link, or in the ebay updates?  For me, emails, that I didn't receive, don't count, I want it official! Until I do, I will carry on as usual.

https://community.ebay.com/t5/Announcements/bg-p/Announcements

https://www.ebay.com/help/policies/selling-policies/managed-payments-restricted-items-policy?id=5009

[gurlcat]

There's no change in policy for everyone still receiving payments via Paypal.  The change is regarding people who have switched (voluntarily or by force) to Managed Payments.  MP has a list of restricted items, and thus far it included coins and bullion, but this email is something we've been hoping for a long time, that they would be able to remove the categories from that list.  I am not yet on MP, so I've just continued selling coins and bullion like you, but I (and many others) dreaded the day Ebay forced us onto MP because the implication was that we would just have to give up selling coins on ebay.  Now we have nothing to worry about (unless you're of the "H no I don't want them to have my bank account number!" or whatever). 

[lamber9347]

Now I can finally join up with MP. Going to open my new bank account this afternoon....

[jayjaspersgarage]

I just got the e-mail as well.  I've had conversations directly with ebay about why I directed all my stores to stop buying tools from ebay.  The losses to ebay have surpassed $80,000 to date.  

I am still on the fence about MP so I never signed up. 

I am off to the coin shop to sell a pile of silver.  No point in working ten times as hard to sell it here at a higher risk on ebay when they allow less than honest buyers to essentially steal from sellers on a daily basis.  I can sell my older collector coins from the 1700's and before on etsy.

It will be interesting to see what happens in nine days.

[jayjaspersgarage]

I must admit that since my primary biz checking is at a different bank than my linked PayPal account I wouldn't have to worry about ebay reaching into the real stash.  So if I want to continue selling occasional coins on ebay I suppose I should flip a coin on it.  

[jameshen1]

That is great news.  Thanks for sharing.

[shado-x]

I sold a bundle of computer scrap in Bullion, just before I switched to Managed Payments.  Unlike many who are anxious to join, I absolutely love Managed Payments (so far).  Now that Bullion has returned, starting on the 25th, even better.  More computer scrap, more ching-ching.

[jayjaspersgarage]

I worked with a guy on a jobsite who came across a whole bunch of PC boards in a discard dumpster and asked the person running the job if they were trashing them.  He then asked if he could have them and they let him take them all.   He bought a new truck with the proceeds after selling them.   There was gold and silver on the boards.  Poor guy died a few years ago.  He was fun to be around and always made the day brighter.

[papermoneyforme]

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@gurlcat wrote:

Sellers in the Coins & Paper Money and Bullion categories will be enabled for managed payments
Just got this email an hour ago, wanted to share with anyone who didn't receive it. 

Starting January 13, 2021, sellers in the Coins & Paper Money categories, including Bullion, will be notified to register or will be activated for managed payments if you’ve already pre-registered. Sellers that are already activated on managed payments may create listings in these categories beginning January 25. Learn more about managed payments.

Thank you for selling on eBay,

Your Selling Team

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Anyone know what is going to happen with people selling trade tokens and medallions?

[rebell45]

You may want to read that again. You will be required to register for Managed Payments, doesn't say when you will be switched, but I'm sure it will be shortly thereafter.

Starting January 13, 2021, sellers in the Coins & Paper Money categories, including Bullion, will be notified to register or will be activated for managed payments if you’ve already pre-registered. Sellers that are already activated on managed payments may create listings in these categories beginning January 25. Learn more about managed payments.

[kds99]

From what I can see, policy both before and after MP allows non-money such as  tokens and medallions to be sold at will as long as you use an appropriate ebay listing category. They are not affected by the present MP prohibition.

[gurlcat]

LOL, that's not the part I was rejoicing about.  Coins and bullion were on the list of items not permitted to list under MP, but now they are greenlighted.  

[gurlcat]

Yeah I'm not worried about MP for the reasons some people are.  I guess I'm slightly nervous about glitch delays to get paid that I hear sometimes happen, and the +/- 3 day delay will probably irk me when I make a big sale and really need the money, but my overall average revenue flow is regular enough that it will probably all come out in the wash.  I REALLY like how they go ahead and take the FVF's, so I won't have the big bill piling up each month.  

[gurlcat]

Have you had buyers "essentially steal" coins from you?  I know it's theoretically possible and I guess I'm kind of surprised I've had nothing of the sort happen to me, but I haven't.  I've sure had coin shops "essentially steal" them from me though, before I figured out how much more I could get for them here.