ebay question

Plus ebay charges 10.9% in fees plus PayPal fees are 2.6% + .30c on top which the seller must get back. But the guy selling the kanga is still being opportunistic and will probably never sell it at that price.

 

Ok, that makes sense. Just wanted to make sure I wasn't missing something. I thought perhaps there was some sort of apprehension or paranoia about going direct to a bullion dealer, as opposed to eBay and that people were willing to pay a premium for not going to a bullion dealer. Reeks of conspiracy theory, I know, but seeing I'm fairly noob to this, I didn't know. So that puts that one to rest. It's just gouging really. Or as you say, opportunism.

 

I hate ebay as a seller, I used to use it to sell everything when fees were reasonable.
I do however still have a ebay store and sell daily, But only because the items I have a specialty items I find is easiest to find that sort of buyer. But the main reason for only selling this item is because the markup is huge and can afford to pay the stupid ebay fees. Still I hate watching a few grand a year go into ebays pocket.
Ebay is a huge ripoff.
I sell packs of brass slotted screws there, I bought a pallet with over 10000 packs of NOS on it for $700. I each pack sells for $6-$18 on ebay which is actually cheap compared to specialty fastener stores , and are extremely hard to buy these screws now that are solid brass slotted screws so they sell like hotcakes.
But yer thats the only reason to sell there, if you find it hard to find the right market elsewhere and you have a huge markup on the item and can afford the fees. I doubt once all these screws sell Ill sell anything else on ebay. im down to about 3000 packs left so about 10 months worth of stock at the current rate, and Im done with ebay. thankfully the types of people the Items I sell attracts are easy to deal with, usually old timers wanting to fix up their old antique furniture. so I dont get that charge back BS guys get when selling PM

 

Hi all.

I just sold a 1oz Gold Coin on eBay for way overs. I wasn’t really expecting it to sell but I thought I’d test the waters.

The buyer has paid in full via PayPal but I’m concerned they have absolutely no history. I plan to post Express Post with Signature.

Am I absolutely protected as the seller in these circumstances. Are there any known scams that might suggest I should abort this sale?

Thanks in advance!!

 

Video you packing it and addressing it with no stops in recording

 

Hope you're not sending it to Albania!

 

That

I’d thought that might be the smart thing to do too.

 

Will be posting tomorrow. I’ll film weighing, then packaging and show the tracking code on camera. I’ll take photos too. If they try and pull a chargeback if I’m meticulous and document everything I’m fully covered right?

 

I really appreciate your two bob worth. My gut is very nervous about this. The address is a Tasmanian address so not overseas.

What is the CA you are referring too? Also, when you say burnt are you saying it’s possible I could lose everything to PayPal?

I’m now swaying towards canceling the transaction and keep my trades on a trusted site like this.

 

Have you checked the Tas address to find out what type of premises it's being (??) sent to or is it PO Box?

If you do decide to cancel the transaction, Bullion Now will pay spot up to 10oz for gold. Might not be as much as what you sold it for on ebay, but you will have peace of mind....just my 2c too.

 

Thanks all. I’ve read the above thread, listened to feedback and I’m going to cancel. Not worth the risk of a protracted battle for the sake of a quick flip.

I’ll sleep easier tonight knowing it still belongs to me.

Thanks all.

 

I think you have made the right decision. I wouldn't sell a 1 oz gold coin on ebay either, it just isn't worth the hassle or the risk. Personally I would only sell high value items here on the forum to other members. Anyhow, good luck mate.