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Ebay's Worst Offerings

kuhli

By kuhli
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Rob Newbie

Rob

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Currency, proofs, and a few odds and sods. Despite it being modern with many things worth only a quid or two at most, it was actually a nice collection. Where he had tried to get the edges in both orientation, the second was usually taken from circulation and maybe only gVF or EF, so he kept those to spend. Notwithstanding that, it was still an exercise in dedication with a few additional pieces left over from upgrades. A bagmark was unacceptable unless he hadn't found better. Hats off..

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PWA 1967
PWA 1967

Yes i use gloves to photograph mine.  

Diaconis
Diaconis

Here's a reply she sent to me last week when I suggested that she be careful not to give it away as it is an extremely valuable coin.   "Hello im not going to give it away I don't have to se

bagerap
bagerap

There's an area of Bournemouth called Boscombe which boasts around 10 "antique" shops, although the majority are selling high end tat. I visit one regularly because he knows nothing about medals and i

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Coinery Newbie

Coinery

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Posted

100% agree with everything you have said, Rob...it's also really surprising to think that the first decimals are now only 6 1/2 years' shy of being half a century old!

Peter Newbie

Peter

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Posted

Stop that Stuart.

I was polishing my car yesterday and Mrs Peter brought me a garden seat so my back would be OK.

damian1986 Newbie

damian1986

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Posted

Currency, proofs, and a few odds and sods. Despite it being modern with many things worth only a quid or two at most, it was actually a nice collection. Where he had tried to get the edges in both orientation, the second was usually taken from circulation and maybe only gVF or EF, so he kept those to spend. Notwithstanding that, it was still an exercise in dedication with a few additional pieces left over from upgrades. A bagmark was unacceptable unless he hadn't found better. Hats off..

Was he buying most of from the currency sets / presentations packs? I have struggled to find anything in circulation that is mark-free, even if from a sealed bag.

I'd be interested in decimal but the problem is that they introduce so many new commemoratives each year that when I do the maths I could buy something better for that same amount of cash. I'd like one of every type by design, this year we have:

2 x floral £1 = £18 in presentation pack; 2 x WWI £2 = £20; 1 x 50p commonwealth games = £10; or the full set for £50. There were 3 commemorative £2 coins last year.

Adding up a few year's worth of these and it becomes really expensive. I did buy a few from Michael Gouby whose prices for currency issues were more reasonable. I think most were from mint-sealed bags. A quid or two at most may work though :)

Peckris Newbie

Peckris

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Posted

100% agree with everything you have said, Rob...it's also really surprising to think that the first decimals are now only 6 1/2 years' shy of being half a century old!

You can't count Stuart - it's around 3 and a half years!

Peckris Newbie

Peckris

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Posted

What's the cost of a 1st Class stamp nowadays? :D

Rob Newbie

Rob

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Posted (edited)

What's the cost of a 1st Class stamp nowadays? :D

Sellers are caught between a rock and a hard place. ebay encourage sellers to include postage, but if you start anything at more than 99p a listing is ignored. Ebay also encourage you to start at 99p to get more bidders. Couple that with the need in many cases to get something signed for, the cost of eBay's fees, Paypoo fees etc and the contradictions just don't add up. I would offer free P&P if Royal Mail drop their charges and ditto for eBay. The reality is that a signed for jiffy bag is £1.83 minimum. Put things in an envelope and it will sometimes go as a letter (under 5mm thick). Add in the cost of a jiffy bag and if VAT registered, the VAT on your costs and it is clear that the cost of posting is often greater than the item.

In this case the seller was deluded in believing that free P&P would make the item more desirable, or that there was a competitive market for the pieces offered. In other instances the buyers are being unrealistic in expecting sellers to provide shipping at a loss. The whole operation only works if everyone benefits.

Edited by Rob
Gary1000 Newbie

Gary1000

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Posted

So the sellar indicate that is has been dispatched and when the buyer enquires to say they haven't received the item the seller refunds the money and cuts their loses. :ph34r:

damian1986 Newbie

damian1986

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Posted

Just wondering what you think about this one. Nothing wrong with the coin really just very pricey.

Edward the Confessor, Hammer cross type, Worcester mint.

http://www.ebay.com/itm/Anglo-Saxon-Silver-Penny-Coin-of-King-Edward-the-Confessor-1042-AD-/390843443166?&_trksid=p2056016.l4276

I could see maybe just over a grand in it for the mint but not close to the ~ £3,000 being asked for. Only a handful of examples recorded in SCBI / EMC, all in museums, but then I am not finding this to be a particularly good indicator of rarity as many coins aren't submitted.

bagerap Newbie

bagerap

Posted
Posted

I've just noticed another interesting Paypal wrinkle.

Client overpaid postage by £1.00, my fault entirely. Refunded said £1 via paypal made up as 0.97p (ME) & 0.03p (Paypal).

So they paid 3% of the refund, which is big of them as they charged me 6% on the entire transaction. It thus seems that any refund is partially funded from sellers net receipts. Screwed again.

Bronze & Copper Collector Enthusiast

Bronze & Copper Collector

Posted
Posted

I've just noticed another interesting Paypal wrinkle.

Client overpaid postage by £1.00, my fault entirely. Refunded said £1 via paypal made up as 0.97p (ME) & 0.03p (Paypal).

So they paid 3% of the refund, which is big of them as they charged me 6% on the entire transaction. It thus seems that any refund is partially funded from sellers net receipts. Screwed again.

The paypal portion of the refund is actually a refund of the fee that you paid to paypal for the excess portion of the funds paid to you... Paypal is not actually paying any portion of the refund.. It is just your money being refunded to you..

azda Newbie

azda

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Posted (edited)

I love finding coins that i've tried to buy at auction amd see the mark ups

http://www.sixbid.com/browse.html?auction=1349&category=27657&lot=1238007

http://www.ebay.co.uk/itm/221553295891?ru=http%3A%2F%2Fwww.ebay.co.uk%2Fsch%2Fi.html%3F_from%3DR40%26_sacat%3D0%26_nkw%3D221553295891%26_rdc%3D1

Edited by azda
azda Newbie

azda

Posted
Posted (edited)

Another DNW coin i looked at but passed by due to the grafitti but the grade seems to have changed since it was posted to the new seller

http://m.ebay.co.uk/itm/221552619165

I could'nt edit so i have to reply. This is the DNW description of the linked coin, lot 2801 coinageofengland has upped this by 1 whole grade

Third coinage, Briot’s issue, Sixty Shillings, mm.thistle-head, signed B both sides,29.56g/6h (Murray,BNJ 1970, p.133; SCBI 35,1424-6, same dies; B 5, fig
1005, same dies; S. 5552). Light graffiti in obverse field, otherwise nearly very fine, toned
Edited by azda

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