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thriftee
03-09-2011, 12:23 PM
Has anyone got experience with this?

Lets say I sell a roll of coins for $600 and I had starting bid set at $600.

I know there are listing fees...

There is a final price fee. Is that 9%?

I know there is freight, say $10, but I can figure that out approximately ahead.

Will there be any fees I have to pay for Paypal to take the money and actually get it to my bank account?

How long will it actually take to get to my account, about?

Any obvious scary things I should do or not do to avoid trouble?

If there is some link to someplace that would help me figure this out, please post it. Ebay's info is I suspect intentionally difficult to find.

budfox
03-09-2011, 12:43 PM
15% round trip including paypal. The other cost is the cost of dealing with the assholes there.

ttazzman
03-09-2011, 12:50 PM
you can do a listing on ebay and just not complete it and it will show you the fee structure .......be sure and add the paypal cost

Johnboy
03-09-2011, 12:55 PM
About 10% to 14% of the total sale price when all is said and done.. Once you get your money in your paypal account, you can get it transferred into your bank in a day or 2.. If you are a new member , they may hold the funds for a week or so or when the buyer gives you the positive feedback.

budfox
03-09-2011, 12:55 PM
How do I know what the final value fee will be?
To see how final value fees are calculated for these listing formats, see fees for selling on eBay:

Auction-style: The final value fee is based on the final sale price.

Fixed price or Buy It Now: The final value fee is based on the final sale price and category.

Reserve price auction-style listings: The final value fee is based on the final sale price when the reserve price is met. There's no final value fee if the reserve isn't met.

Auction-style or fixed price listings in Business & Industrial categories: The final value fee is based on the final sale price and category.


Here's an example of a final value fee calculation for an auction-style listing:

1.You sell an item for $100.00.

2.Your final value fee is 9% of the final sale price, which is $9.00.

The maximum final value fee for auction-style listings is $50. For example, if you sell an item for $1,000, you’ll pay only $50, even though 9% of $1,000 is $90.

Here's an example of a final value fee calculation for a fixed price listing:

1.You sell an item in the Electronics category for $1,500.00.

2.On the first $50.00 you pay 8%, which is $4.00.

3.On the next $950.00, you pay 5%, which is $47.50.

4.On the remaining $500.00, you pay 2%, which is $10.00.

5.Your final value fee is $61.50 ($4.00 + $47.50 + $10.00).

thriftee
03-09-2011, 01:35 PM
Thanks, that pretty much answers it...

So, if I sell a roll for say $650 + 10 shipping like sold there a few min ago

$660
-10 shipping
-5 listing
-59 9% final price
-20 paypal
-----
$566 for 20 coins = $28.30 each net cash to me

budfox
03-09-2011, 01:46 PM
don't forget insurance

Rusty Shackelford
03-09-2011, 02:41 PM
Thanks, that pretty much answers it...

So, if I sell a roll for say $650 + 10 shipping like sold there a few min ago

$660
-10 shipping
-5 listing
-59 9% final price
-20 paypal
-----
$566 for 20 coins = $28.30 each net cash to me

WOW! why would anyone sell at what is effectively $7 under spot to them???? For the $140 dollar chin shot you can drive a pretty good ways to a dealer that will most likely pay spot.

TheMadHatter
03-09-2011, 02:43 PM
Here is ebay + paypal fee calculator. It will figure it all out for you automatically....

http://www.newlifeauctions.com/calc.html

~BS
03-09-2011, 03:20 PM
8-10%, not including shipping.

Any obviously scary things: getting scammed or item lost in transit. Insurance will not protect you in either case.

wjv
03-09-2011, 04:53 PM
Which is why when spot is ~$36, many eBay sellers are asking ~$41.

By time all is said and done, they will be left with $36 per oz on a roll of 20!

bemac
03-09-2011, 05:20 PM
8-10%, not including shipping.

Any obviously scary things: getting scammed or item lost in transit. Insurance will not protect you in either case.

I can't say for USPS, but if you ship FedEx (as I do), insurance covers lost packages.

TiKi
03-09-2011, 06:42 PM
If you sell on ebay be prepared to lose 1 out of every 10 of your items.

Dude
03-09-2011, 06:43 PM
WOW! why would anyone sell at what is effectively $7 under spot to them???? For the $140 dollar chin shot you can drive a pretty good ways to a dealer that will most likely pay spot.

Well, if he can get his calculated $28.30, it's not that bad with silver at $36.05.
A BU morgan has $26.06 silver in it and an average worn has $25.78.
I wouldn't do that on morgans. Regular junk, yea. I've got a few hundred face I'd like to do, but I'm too lazy to post, pack, and ship. That's probably a good thing.

tanner
03-09-2011, 06:46 PM
i start everything at .99 cents, no reserve, higher shipping, 1 photo....this cuts down on the listing fee's...out the door though it's still pricey...can only get 500 out of paypal per month which is another headache...1 eagle will take 3 months to get freaking paid on

jogslvr
03-09-2011, 06:49 PM
A BU morgan has $26.06 silver in it and an average worn has $25.78.
.

Wrong. I don;t think you've looked at "Coinflation" lately.

Dude
03-09-2011, 07:22 PM
Wrong. I don;t think you've looked at "Coinflation" lately.

Well, coinflation is partly right (or wrong, should I say) if you use those figures to calculate the OP's coin value based on silver content.
However, I do agree that I am in error as well.

I use Excel and .715 for circulated and .723 for uncirculated based on face for all 90%.
However, I just saw (and remembered) that silver dollars were actually minted with a little more silver than dimes, quarters, and halves as compared with face.
Didn't matter much when I was calculating and silver was $6 an ounce.

Coinflation calculates the value for uncirculated and also adds in the copper value. The copper value is probably a wash (or worse) when compared to already .999 fine blocks of silver at this point.

So while I stand corrected, you can't use the coinflation value for circulated coinage.

I will be adjusting my calculations to adjust for the difference in silver dollar weight from this point forward. Thanks!

prophet
03-09-2011, 07:30 PM
i start everything at .99 cents, no reserve, higher shipping, 1 photo....this cuts down on the listing fee's...out the door though it's still pricey...can only get 500 out of paypal per month which is another headache...1 eagle will take 3 months to get freaking paid on

Wow! Imgine how much ebay s making from interest alone!

bemac
03-09-2011, 07:36 PM
Wow! Imgine how much ebay s making from interest alone!

If you have a PayPal merchant account, you're not limited to $500 a month. But that's not for everyone I suppose.

thriftee
03-09-2011, 11:54 PM
i start everything at .99 cents, no reserve, higher shipping, 1 photo....this cuts down on the listing fee's...out the door though it's still pricey...can only get 500 out of paypal per month which is another headache...1 eagle will take 3 months to get freaking paid on

thanks, thats a surprise. i wonder why its limited to $500 a month?

thriftee
03-09-2011, 11:56 PM
If you sell on ebay be prepared to lose 1 out of every 10 of your items.

How or why should I expect to lose 1 of every 10? If you don't want to post it, you could pm me, please?

thriftee
03-09-2011, 11:57 PM
If you have a PayPal merchant account, you're not limited to $500 a month. But that's not for everyone I suppose.

Ah HA! and I bet they take a higher percentage? Can you tell me what it is?

thriftee
03-09-2011, 11:59 PM
don't forget insurance

yes, and signature reqd, LOL

138
03-10-2011, 12:22 AM
How or why should I expect to lose 1 of every 10? If you don't want to post it, you could pm me, please?

A 1 out of 10 loss is an exaggeration however what the OP meant was that sometimes there are items lost in the mail as well as straight out fraud. The fraud seems more prevalent with items that can be quickly sold on the street. This happened to a friend who found a huge Gorham sterling bowl at a thrift store. He sold it on ebay for more than $2,000. The buyer said it was scuffed and filed a "significantly not as described' claim with Paypal. Paypal had the buyer return it to my friend and then pulled the money from my friends account (all paypal requires is a tracking # for returns). He opened the box that was sent back from the buyer only to find a bubble wrapped brick! My friend was out the 2K and the bowl. The bottom line is I would never sell anything on ebay that would be a huge loss if something went wrong.

~BS
03-10-2011, 02:11 AM
thanks, thats a surprise. i wonder why its limited to $500 a month?

He needs to have the account confirmed. After that, it's unlimited.

bemac
03-10-2011, 07:16 AM
Ah HA! and I bet they take a higher percentage? Can you tell me what it is?

On my last ebay sale, PayPal took 2.9% of the transaction. It was a half percent lower when I was actually selling a good bit every month.

thriftee
03-10-2011, 07:43 AM
Sounds like I'm better off just selling to Apmex or selling to individuals. Thanks for filling me in with the potential pitfalls.

Hystckndle
03-10-2011, 07:44 AM
I use the flat 15% that previous poster ( Budfox ) mentioned in my
cyphering.
Sometimes it is a little less etc etc.
But the 15 is always in the ballpark.
Not a bad cut when someone else does all of the work and you provide the platform
and the transaction service huh ?

thriftee
03-10-2011, 07:53 AM
I use the flat 15% that previous poster ( Budfox ) mentioned in my
cyphering.
Sometimes it is a little less etc etc.
But the 15 is always in the ballpark.
Not a bad cut when someone else does all of the work and you provide the platform
and the transaction service huh ?

My calculations yesterday showed that I would have gotten about $1 more per coin from Apmex assuming they gave me the lowest buy price as compared to selling on ebay net of all fees and paypal charges.

Rusty Shackelford
03-10-2011, 08:58 AM
Well, if he can get his calculated $28.30, it's not that bad with silver at $36.05.
A BU morgan has $26.06 silver in it and an average worn has $25.78.
I wouldn't do that on morgans. Regular junk, yea. I've got a few hundred face I'd like to do, but I'm too lazy to post, pack, and ship. That's probably a good thing.

I missed the part about it being Morgans or junk (I still could not find it). My response was based on triple nine tubes of twenty. No way I let those go for 7 under on the flea when a one hour drive will net spot +/- a quarter in my area.