For every one who wins something cheap on ebay, there is also someone who has just sold something cheap.
I'm still frustrated about this one the other day:
http://cgi.ebay.com.au/ws/eBayISAPI.dll?ViewItem&category=3372&item=271286507462
:( yeah someone got a bargin alright
Quote from: 'emu666' pid='30453' dateline='1381458525'For every one who wins something cheap on ebay, there is also someone who has just sold something cheap.
I'm still frustrated about this one the other day:
http://cgi.ebay.com.au/ws/eBayISAPI.dll?ViewItem&category=3372&item=271286507462
Nice coin, crappy price.
I am from now on I'm only using eBay as a dumping ground for coins I know won't slab up to the higher grades.
I have sold many MS coins and only gotten VF-EF prices for them :dash1:
I sold a bunch of "Grannybait" coins a couple of weeks ago and got less than issue price for most of them.
from now on I will be selling my better stuff slabbed and at auction (NOT bloody eBay).
it may cost a few bob at the start and takes quite some time but it is FAR better that giving the bloody things away :good:
I've just been outbid on 3 1915 halves,i refuse to pay more than $20 a coin for "very goodfornutin" grade rubbish.
Quote from: 'emu666' pid='30453' dateline='1381458525'For every one who wins something cheap on ebay, there is also someone who has just sold something cheap.
I'm still frustrated about this one the other day:
http://cgi.ebay.com.au/ws/eBayISAPI.dll?ViewItem&category=3372&item=271286507462
Yeah I sold a couple of VF mules a few weeks ago on ebay for less than I expected and I think the price gap between VF and EF is quite large.Maybe slabbed mules are the only way to sell these coins
That's not cheap. Roxbury's August Auction:
Lot 443 - 2000 $1 Mule F est $80
Sold for $210 + 17% BP ie just under [/align]$250
They withdrew lot 442 which was a mule in gF and in the same condition as that one and it had an estimate of $100
WOW, I wonder if the day of top dollar are over for the poor old mule like the VG95 in notes as they're not much now but you never know it could just be a lul but who knows
As always, they're worth what people are willing to pay.
If a hundred people want one each, and there are 1000 available, prices will be low. Vice-versa, and prices go up. Simple supply and demand.
Back in the day when we were hunting them, there was a fair amount of expectation inflation going on, IMO. Now its just another coin, which the unwashed hordes don't care about.
There are very few mules in as low a grade as fine. Quite possibly the coin had problems so that low a price is not a surprise.
The one I sold was just shy of extremely fine. I don't think my scan showed how good a coin it was.
In spite of what Fulvio says there is a still a lot of demand for them. Several people at Petersham asked if there were any in stock.
I don't know where peter Andrews gets his mules from but he has sold a lot of them in his time of selling on ebay .. ,, kel ,,
Quote from: 'keldaw' pid='30536' dateline='1381475794'I don't know where peter Andrews gets his mules from but he has sold a lot of them in his time of selling on ebay .. ,, kel ,,
Most courtesy of Burswood Casino when I lived in Perth from 2003-6.
Quote from: 'emu666' pid='30532' dateline='1381475167'Several people at Petersham asked if there were any in stock.
I didn't say there was no demand. But clearly there is less demand than there is supply. Were that not the case, prices would be rising instead of falling.
Lets face it, those of us who chase errors and varieties are in a minority in the greater scheme of things. The vast majority out there don't get it, and probably never will. :(
There were several coin collectors from Melbourne who went to WA sand found a lot of Mules.
One of those persons was responsible for supplying Downies with a stack of Mules which they were selling for $950.00 each. So what price did they buy them at?
I took mine in some time ago and they we not interested, Downies that is.
I was offered $ 2200.00 for my first 4 mules but I declined that offer because I was told by someone that my best one was worth about $ 1250.00 or a bit more .that would mean that I get less then $ 1000.00 for the next 3 of them.. ,, kel ,,
I trust that the price of Mules will increase substantially as I have 26 of them in various grades etc and they are forming part of my "self controlled" super scheme.
Quote from: 'Goldseeker' pid='30643' dateline='1381542514'I trust that the price of Mules will increase substantially as I have 26 of them in various grades etc and they are forming part of my "self controlled" super scheme.
I wouldn't bank on it Goldseeker. From the sound of things there are lots of people sitting on hoards of them. They will gradually find their way onto the market.
I trust that you are not correct MOR. No offence meant.
Quote from: 'Goldseeker' pid='30669' dateline='1381573057'I trust that you are not correct MOR. No offence meant.
I think the higher grade examples (EF and above)will be in more demand and therefore prices will remain high and prices for lower grade examples will struggle a bit.Just my opinion from watching the
market over the last couple of years.I have offloaded all of my mules graded VF or less as I cant see the prices going up much in the future for those
Quote from: 'trout' pid='30459' dateline='1381461146'Quote from: 'emu666' pid='30453' dateline='1381458525'For every one who wins something cheap on ebay, there is also someone who has just sold something cheap.
I'm still frustrated about this one the other day:
http://cgi.ebay.com.au/ws/eBayISAPI.dll?ViewItem&category=3372&item=271286507462
Nice coin, crappy price.
I am from now on I'm only using eBay as a dumping ground for coins I know won't slab up to the higher grades.
I have sold many MS coins and only gotten VF-EF prices for them :dash1:
I sold a bunch of "Grannybait" coins a couple of weeks ago and got less than issue price for most of them.
from now on I will be selling my better stuff slabbed and at auction (NOT bloody eBay).
it may cost a few bob at the start and takes quite some time but it is FAR better that giving the bloody things away :good:
Trout, what is your fleabay handle and do you have a shop/website?
I always like to know which of the ebay sellers are not the Peter Wallace types.
Quote from: 'emu666' pid='30537' dateline='1381475936'Quote from: 'keldaw' pid='30536' dateline='1381475794'I don't know where peter Andrews gets his mules from but he has sold a lot of them in his time of selling on ebay .. ,, kel ,,
Most courtesy of Burswood Casino when I lived in Perth from 2003-6.
Peter, did you pick up your Dot Above English in Perth back in '03?
The reason I ask is that the Perth mint released a few hundred pounds (face) of pennies to meet the Christmas rush of late 1921 so that might explain how Geoff Raynes found his.
Quote from: 'nealeffendi' pid='30683' dateline='1381579681'Quote from: 'trout' pid='30459' dateline='1381461146'Quote from: 'emu666' pid='30453' dateline='1381458525'For every one who wins something cheap on ebay, there is also someone who has just sold something cheap.
I'm still frustrated about this one the other day:
http://cgi.ebay.com.au/ws/eBayISAPI.dll?ViewItem&category=3372&item=271286507462
Nice coin, crappy price.
I am from now on I'm only using eBay as a dumping ground for coins I know won't slab up to the higher grades.
I have sold many MS coins and only gotten VF-EF prices for them :dash1:
I sold a bunch of "Grannybait" coins a couple of weeks ago and got less than issue price for most of them.
from now on I will be selling my better stuff slabbed and at auction (NOT bloody eBay).
it may cost a few bob at the start and takes quite some time but it is FAR better that giving the bloody things away :good:
Trout, what is your fleabay handle and do you have a shop/website?
I always like to know which of the ebay sellers are not the Peter Wallace types.
Quote from: 'emu666' pid='30537' dateline='1381475936'Quote from: 'keldaw' pid='30536' dateline='1381475794'I don't know where peter Andrews gets his mules from but he has sold a lot of them in his time of selling on ebay .. ,, kel ,,
Most courtesy of Burswood Casino when I lived in Perth from 2003-6.
Peter, did you pick up your Dot Above English in Perth back in '03?
The reason I ask is that the Perth mint released a few hundred pounds (face) of pennies to meet the Christmas rush of late 1921 so that might explain how Geoff Raynes found his.
I found it in Melbourne in 2003 just before I moved to Perth.
As a regular seller on eBay I think the saying "what you lose on the swings you gain on the roundabouts" sums it up well.
You can never be sure how bidding on an item might go.
I often have a low starting price because that usually encourages an early bid which tends to drag in more bids. But, you risk the possibility of selling something for way less than its real value. [You also have the possibility that something may sell for a very high price if a few bidders engage in a duel to win.]
Example; last week I had eight items listed and only 5 bids in total on two items -one had only one bid. Bad week for me so, did I lose? No; that's just the way it is sometimes.
This week I had this item 2001 CENTENARY of FEDERATION 50 CENTS SET - 10 TOP COINS (http://www.ebay.com.au/itm/251352812625?ssPageName=STRK:MESOX:IT&_trksid=p3984.m1559.l2649) sell at $49.60 when I was expecting maybe $30 to $35. This again was just the way it panned out. All I hope is that I come out ahead in the long term.
What is important is the know the market. I often search completed sales to see the range of sales prices for the same (or very similar) items. It is interesting to see the number of items closed not long before the finish time -eBay Australia might not let you set a reserve price but plenty of sellers will cancel if it looks like the bidding will not be high enough for them.
Jeff
QuoteTrout, what is your fleabay handle and do you have a shop/website?
I always like to know which of the ebay sellers are not the Peter Wallace types.
My eBay handle is "pommystockman" and I struggle to keep the 100 sales a year to maintain my "Power Seller" status :dash1:
If however they ever brought it a "Power Buyer" rating I would have absolutely NO problem keeping THAT status :)
jeff , thanks mate for the 3 items I won , and I bid on the cen x .50 also but got to rich for me , but glad for you that you got a good price for them .. as I said in my note to you if I owe you any more dollars please let me know , as I think I got a very good deal and I was quite supprised that no body bid more on the tall ships ...
can you hold up posting till Friday please , so I will be back home when the girl arrives wit the mail other wise it sits in the box all weekend .. thankyou . ,, kel ,,