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[robbiegal]

Some  sellers state ' no echeque pwyments'

I have never figured out just what they are
P's
You might post enough stuff to apply for an aussie post outlet at your place
Would save a few zillion trips into town

[jens coins]

http://www.ebay.com.au/gds/What-is-an-Echeque-Why-is-it-holding-up-my-purchase-/10000000004230610/g.html

What is an Echeque? Why is it holding up my purchase?
As a seller on eBay sometimes we get an echeque as a payment method. Unfortunately many people are not aware that echeque's will hold up dispatch of their goods so I thought I'd write this short guide to give you the low down on this method of payment and exactly why echeque's hold up the dispatch of orders.
Paying for your goods with PayPal
PayPal is a very popular method of payment especially for goods purchased through eBay. Many people are unaware however that there are two ways to pay through PayPal.
 
The first is where there is sufficient funds within your PayPal account and/or you have a credit card on file with them. This will be an instant transaction and the seller will receive the funds immediately and so your purchase will not be delayed.
The other method is what PayPal have termed an 'echeque'. Echeque's are where you have an insufficient balance within PayPal to pay for your goods outright and do not have a credit card on file with them. As PayPal will not allow your account to go into debt they take the necessary funds required to complete your transaction from your bank account.
 
This request for funds from your bank account is where the delay stems from as it can take 10 to 14 days for PayPal to clear the funds from your bank and pass them on to the seller. Lord only knows why they take so long but unfortunately they do. The cynical might conclude that PayPal sit on the funds for a week to earn interest.

Whatever the reason, during this period the seller is instructed NOT to send any goods until PayPal confirm payment has been met. This is because, like a paper cheque, there is no guarantee that the payment will go through. After all You can't really expect the seller to send the goods out before they have received a payment which might never clear.
This all creates a very frustrating situation for the buyer if they need their purchase urgently. This is compounded as PayPal do not tell you that payment will not be made to the seller for at least a week so the first the buyer knows about it is when they enquire a week later where their goods are only to be told "we haven't received your payment yet".

[stevo1962]

Echeques are usually overnight for me .Same as when I transfer money
to my bank account from paypal it usually an overnight transaction.I think
it depends on how often and how much you use paypal

[robbiegal]

i get annoyed by the ones who pay after say 6 days
and then pay by echeque

the grizzle about postage times !!!

[trout]

i get annoyed by the ones who pay after say 6 days
and then pay by echeque

the grizzle about postage times !!!

I have had that problem before and it really "Sucks" especially with that new part on the feedback page where it says was this delivered before XXX date or not.
These E Cheque payments Always result in late deliveries and That will directly impact on a sellers Standing, I lost my "Top Rated Seller" status for a few months as a result of late deliveries due to e cheque payments :dash1:

[ausjack]

Lovely coin ODM and a great grade for it's age but I still love that 55 shilling, what a ripper of a coin and I wish I had the money to buy something like that so I need to win lotto

[JeffH]

A few of my items this week are a little different from my usual common coins'
•1966 round 50 cents x8 -silver
•Three-florins-1927-1951-and-1954-commemorative
•1925 and 1946 pennies -very low mintage years
•2000 $1 DOLLAR "MULE" MINT ERROR

[robbiegal]

Great listing!  The mule is a die variety coin ? Not an error? Eg the die pairing was a mint error but the outcome is a variety

[Unicorn]

Lovely result with the Mule Jeff!! :good:

[JeffH]

Yes indeed -I would have been happy with $200 less and not complain at $300 less.

[Pedro]

Excellent result Jeff. Probably have to give Mark a commission for stirring the pot :angel:

Pedro

[JeffH]

Probably have to give Mark a commission for stirring the pot

Not sure about that but prices on mules seem to have risen quite a lot in the last few months. Publicity (including Mark's interview) probably contributed. Even so the rise does seem rather large.
A lot of genuine mules are being listed on eBay lately but that doesn't seem to have put a damper on the bidding either.

Just noticed a new listing of a mule by a forum member. PCGS AU55.

[JeffH]

This week will be an anti-climax after the excitement of the mule.

For what it's worth here are some of my new listings;
1946 penny
1925 penny
Two florins -1951 50 Years of Federation

[JeffH]

Just listed this one (and a few others). 1925 penny "BROKEN N" variety

[JeffH]

I think this is the pick of my few listings today.
2010 $1 Dollar DOUBLE "SPEW ROO" error