is it only me or it is really strange that buyer wants to use direct deposit over paypal? and of course the buyer from Russia is back again for my set with a "cannot turn down"proposal ...
There are still some old school folk out there. Most don’t know you haven’t had to set up an account to pay via PP for years. I still get the occasional money order and odd envelope of cash now and again.
For the past 18 months or so I have been doing well-selling silver and gold coins on eBay for their flat rate $1 weekends listing offer. As of last weekend, this offer is no longer available to me, I was just wondering if this offer has been discontinued sitewide or is just some sellers like me that have been excluded?
Thanks for the confirmation Silverbandit, if anyone else still had the offer last week please let us know, otherwise will have to assume it is sitewide. It is a pity, because selling 1 oz gold coins for $2k, and only paying a buck was a damn good deal. There is no way I will sell on there with their usual fees. Will have to wait and see if they offer free unlimited listing offer again, they only free 3 listings per month to me at the moment, or might try and sell some stuff on here.
Yes, have to agree with you there, Ebays standard commission rates are a rip off big time. The $3 weekend might still be Ok for the higher priced gold items, but not the 1 Oz silver stuff.
I sold some 1/4oz Lunar, 2 buyers(same month, 1 AU & 1 US) on eBay claim parcel was empty.. eBay refunded them.. my loss. Stopped selling on eBay. About 3yrs ago.
Sorry to hear about your loss STC, that really sucks to have it happen to you like that. Spannermonkey, I think your views are a bit extreme. My overall experience with eBay over the past 2 years of selling has been a positive one. I have sold about 40k worth of precious metals with only one transaction issue. That was early on when I sent a 1/10 oz platinum coin to a collector in Albany WA. The padded envelope arrived empty! Australia Post did an investigation and determined that the envelope was squashed by the rollers on their conveyor belt resulting in the envelope popping open and the contents falling out. The contents could not be found so they offered the buyer a $100 compensation. The buyer was still about $100 out off pocket which he kindly offered to split 50/50 with me. I think 99% of the buyers on eBay are good decent people, pity about the other 1%. I learned a valuable lesson there and have since coved the padded envelopes ends with heavy-duty sticky tape to prevent a similar occurrence from happening again.
I have an item on ebay(not metal) and got an offer for it from new member(no feedback yet). His/her username is funny(or not much thought put into it).Anyway what could be the risks if I take the offer? The offer is somehow too good...
Russia is very strange when it comes to sending money out of country, apparently only the mafia is allowed t send funds off shore without restraint. A lot of very high end watches are for sale out of Russia but they cannot ship them out of country, you need to go and collect them. Not for me. Beautiful country though that I wish to visit one day.
This is a risk reward scenario. I used to trade a lot on eBay but those days are gone for me. Personally I find anything out of the ordinary is too risky. You are in it for the long game. Margins are not so great that problems can be ignored. So I would say drop it. I used to have a rule set saying no sales to people with less than 5 feedback. It’s a marginal difference but it does make a difference.
What info can they get? I thought eBay had closed all info on sellers/buyers now, apart from postal details?
I had a guy buy a coin off me with a zero feedback and weird user name. The item was going to be sent by standard post so I bit the bullet and sent it. A day later a similar situation arose with a different user name, I looked, I thought, that's the same sending address so thought something was up. I contacted ebay via their chat services about this person and they checked them out. They said that if someone casually drops into ebay without signing in then ebay auto generates a temporary user name. I said then it would be my risk as they are asking for standard post to which they said "it all appears legitimate but if you want to you can choose not sell to this buyer anymore". Over 5 days, I had 3 separate orders with 3 separate user names but the same address. On each occasion I sent the package, took heaps of photos and screenshots as evidence but it all went through without any incident. But I can tell you I was a bit stressed out. Never heard from them again.
Hi guys I'm a bit confused about something. I'm a bit new to buying gold and silver bullion. I've bought gold and silver from Ainslie Bullion ( in person) and friends before and one coin from eBay. But looking at the Ainslie site on say a 2020 1oz silver kangaroo, vs eBay. I see Ainslie has it at $31.63 and a seller on eBay has it at $60.00. Double the price. Why is this? I can understand a coin that is no longer available through one of the bullion dealers, or mint, but not one that is. I gather Ainslie would charge a decent postage cost, but surely not $30. What's the go?
IMO, Ainslie know where the market is and what stackers will pay....Ebay seller is opportunistic and looking for a sucker to pay over the odds. It's an open market place.
