1990 kook on ebay

Discussion in 'Silver Coins' started by dragafem, Nov 18, 2012.

  1. dragafem

    dragafem Well-Known Member Silver Stacker

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    dragafem, Nov 18, 2012
    #1
  2. Matthew 26:14

    Matthew 26:14 New Member

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    damn! wonder how much my proof 1990 is worth then ?!?
     
    Matthew 26:14, Nov 18, 2012
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  3. dragafem

    dragafem Well-Known Member Silver Stacker

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    I believe the bullion version is what people after....
     
    dragafem, Nov 18, 2012
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  4. Lunardragon

    Lunardragon Well-Known Member Silver Stacker

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    hmm I sold many of them too cheap then :lol:
     
    Lunardragon, Nov 18, 2012
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  5. dragafem

    dragafem Well-Known Member Silver Stacker

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    dragafem, Nov 18, 2012
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  6. dragafem

    dragafem Well-Known Member Silver Stacker

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    ..and I bought them half price than:)
     
    dragafem, Nov 18, 2012
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  7. Photonaware

    Photonaware Active Member

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    Just goes to show eBay isn't always the cheapest !
    Compare with Apmex at $80
    http://www.apmex.com/Product/9029/1990_1_oz_Silver_Australian_Kookaburra.aspx

    I have been watching this seller for several weeks.
    He regularly lists the 1990 Kook and the price has been steadily increasing.
    As he offers free shipping that has to be factored in the true cost.
    It looks however that $80+ is now the going rate for this 1990 bird.
     
    Photonaware, Nov 19, 2012
    #7
  8. finicky

    finicky Well-Known Member Silver Stacker

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    The allure of the enigmatic kook on the stump.
     
    finicky, Nov 19, 2012
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  9. trew

    trew Active Member Silver Stacker

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    trew, Nov 19, 2012
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  10. serial

    serial Well-Known Member Silver Stacker

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    sorry can someone explain what shill bidding is?
     
    serial, Nov 19, 2012
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  11. trew

    trew Active Member Silver Stacker

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    trew, Nov 19, 2012
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  12. Matthew 26:14

    Matthew 26:14 New Member

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    Dummy bidding.
     
    Matthew 26:14, Nov 19, 2012
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  13. silverbulldog

    silverbulldog New Member

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    i had a guy called Proofmetal on ebay shill bid. I got so pissed off so i figured i would share with you guys here.

    he has tons of MMC's and a lot of stuff i want but i will not buy from him after that bs.

    so stay away from this guy. again his name is Proofmetal and he sells mmc's
     
    silverbulldog, Nov 19, 2012
    #13
  14. Matthew 26:14

    Matthew 26:14 New Member

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    Dummy bidding used to be necessary on ebay in part to keep their fees down. Say you thought your item was worth $100. To list it on ebay with a starting auction price of say $90 might cost $3. You might get zero bids and it doest sell, you still wear the $3 "insertion" fee.

    But if you started the item at say 99 cents, the insertion fee might have been like only 50 cents or something. So as you can see there was an incentive to list your item at 50 cents, shill bid it up to $90 in order to keep your ebay fees lower.

    At the moment on ebay (australian ebay anyway), there are no insertion fees so you can just start your item at $90 without needing to worry about shill bidding.
     
    Matthew 26:14, Nov 19, 2012
    #14
  15. Photonaware

    Photonaware Active Member

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    How about bidders testing the maximum bid of other bidders by placing a high bid then retracting it as "entered wrong amount " ? That way all the automatic bids get triggered and all bidders get to see the maximum bid. Have seen this happen several times and even had a seller block a bidder because there was some sort of scull-duggery happening.
     
    Photonaware, Nov 20, 2012
    #15

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