eBay

jims6832 · ‎03-24-2024

I deal in coins. I've been using EBAY for 18 years. After my last 2 items sold, I AM DONE.

13.5% plus seller fees! Sold 2 items for $1,200 total and was charged $164. +

I guess I will be buying and selling at coin shows now.

I AM DONE FOR GOOD "EBAY".

monica-sells · ‎03-24-2024

Glad khouros cleaned that slop up...

When you come to your senses and apologize to the board, feel free to look at the actual costs of listing coins at some "popular" auction houses......

(I made an excel sheet for my own curiousity)...These are some sample combinations I have dealt with....

femmefan1946 · ‎03-24-2024

With the introduction of Managed Payments, many occasional sellers have finally learned that what they thought was a profitable side gig, is actually a money losing hobby.

MP is a lot more transparent than the previous eBay+Paypal system, which basically had the same charges but spread out over two sites and posted fees at different times.

Now we see all the fees on each transaction, with only monthly fees (like Store subscriptions) being charged monthly.

femmefan1946 · ‎03-24-2024

@monica-sells

Interesting chart.

One thing that confuses/annoys sellers who have not been paying attention is that the eBay fees are charged on the entire payment, not just on the selling price.

So the auction house charges up to 25% of the hammer to the consignor, but the costs of shipping and of sales tax are fully paid by the buyer.

Of course, most auction houses also charge a buyer's fee of 10% or more to the buyer.

Whether or not the buyer's fee is charged on the shipping and taxes is another question.

I agree that eBay is still often the lowest cost for selling and usually offers the widest potential audience.

The focussed auction house may be a better bet for a very specific item.

Our own auction house would be a bad place to sell electronics, or jewelry, or auto parts, but we do well for our consignors of philatelic material.

itsjustasprain · ‎03-24-2024

@jims6832 wrote:
I AM DONE FOR GOOD "EBAY".

Okay. Bye!

isaiah53-57 · ‎03-24-2024

@monica-sells wrote:
...feel free to look at the actual costs of listing coins at some "popular" auction houses......
(I made an excel sheet for my own curiousity)...These are some sample combinations I have dealt with....

Thats awesome - But, as always, you conveniently forgot to mention a couple things that take away a lot of dazzle from your smoke and mirror show.

1st... THE BUYER PAYS THE PREMIUM (who knew) - Thats why its called a BUYERS PREMIUM?

2nd... The odds of getting scammed at ebay on the $1200 item is likely 100 times greater than any of your "chosen" auction houses. really, I cant believe this seller had the nerves of steel to list it here - But actually if the buyer used a card to pay, its not the sellers money until 6 months down the road, so keep your fingers crossed @jims6832

theteamsetguy · ‎03-24-2024

@jims6832 ,

Just curious what did you think the fees were going to be? The fees on eBay hasn't change much over the years except when they bought payment processing in house instead of being handled by Paypal which charge 2.90% in addition to ebay's 10% for a total of 12.90%.

If eBay had kept Paypal as payment processor the fees for payment processing would be 49 cents plus 3.49%.

oldwestgold · ‎03-24-2024

I know how you feel. I have paid over $120,000 in eBay fees. Yes, in eBay fees.

monica-sells · ‎03-24-2024

@isaiah53-57 wrote:
@monica-sells wrote:
...feel free to look at the actual costs of listing coins at some "popular" auction houses......
(I made an excel sheet for my own curiousity)...These are some sample combinations I have dealt with....
Thats awesome - But, as always, you conveniently forgot to mention a couple things that take away a lot of dazzle from your smoke and mirror show.

1st... THE BUYER PAYS THE PREMIUM (who knew) - Thats why its called a BUYERS PREMIUM?

that would be pretty obvious....the 'buyer' paid 1200 in EVERY instance of that chart...

I know you are smarter than that

isaiah53-57 · ‎03-24-2024

@monica-sells wrote:
@isaiah53-57 wrote:
@monica-sells wrote:
...feel free to look at the actual costs of listing coins at some "popular" auction houses......
(I made an excel sheet for my own curiousity)...These are some sample combinations I have dealt with....
Thats awesome - But, as always, you conveniently forgot to mention a couple things that take away a lot of dazzle from your smoke and mirror show.

1st... THE BUYER PAYS THE PREMIUM (who knew) - Thats why its called a BUYERS PREMIUM?

that would be pretty obvious....the 'buyer' paid 1200 in EVERY instance of that chart...
I know you are smarter than that

What the... I'm not talking about the $1200 the item sold for - You have the PREMIUM coming out of the sellers pocket - ITS BAD INFORMATION - Its a BUYERS PREMIUM - THE BUYER PAYS IT! The only thing coming out of the sellers pocket in the chart you took time (wasted) to design is the consignment - So lets talk smarts

isaiah53-57 · ‎03-24-2024

@monica-sells wrote:
Glad khouros cleaned that slop up...
When you come to your senses and apologize to the board, feel free to look at the actual costs of listing coins at some "popular" auction houses......
(I made an excel sheet for my own curiousity)...These are some sample combinations I have dealt with....

I want to reply to this once more - I literally have to...

"These are some sample combinations I have dealt with" -

Really?

If that were true, then you wouldn't be showing the premium coming out of the sellers pocket in your chart,

because THE BUYER PAYS THE PREMIUM!!

Un-freakin-believable... I will never be able to look at another one of your posts thinking there is any truth or any of the real life experiences you love to tout...

gurlcat · ‎03-24-2024

She didn't name the auction houses whose terms she quoted. You don't know that any of them charge only buyer and no seller premiums. I've seen both, and ones where the buyers and sellers split it. I know I don't pay a buyer premium at any of the ones I buy from, with the exception of the storage unit auction one, but that's pretty different.