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<p>[QUOTE="MrNate, post: 4401497, member: 5515"]Komokwa tells the truth, in many many ways! Here's my advice,</p><p><br /></p><p>#1: If you are selling above spot on ebay, there's a <u>very good chance</u> the person who eventually buys it is a collector, and therefore not going to scrap it.</p><p><br /></p><p>#2: Completely agree with [USER=37]@verybrad[/USER] 's advice about ebay pricing. The key on ebay is you have to be <u>very patient</u> waiting for the right buyer to come along, and there really isn't any way to know if someone will "bite" on your listing at your offered price. Lately, I've been pricing my ebay silver items at around ~$34 per ounce (as buy it now listings, not auctions), and yes some of them sell at that price.</p><p><br /></p><p>#3: High quality pictures are absolutely necessary to get someone to pay a premium price on ebay...do your best to take nice focused photos in good lighting. Take the bowl outdoors if needed. Goal should be to have as many photos showing details as you can.</p><p><br /></p><p>#4: Listing dimensions is more important than listing weight. If you are selling to a collector, they are less concerned about the weight (since it will most likely be above spot price and more concerned with dimensions for whatever there intended use is).</p><p><br /></p><p>#5: A careful polishing always helps, and an accurate description of what you are selling.</p><p><br /></p><p>#6: Know what your "true profit" will be on ebay after fees. As a general rule, assume you will pay ~$15 in shipping, and approximately 14% of the sale price in fees. So if you happen to list this item at $525, and someone purchases, your net profit will be $525 - $15 - $73.50 = $436.50.</p><p><br /></p><p>#7: If you aren't willing to wait a million years on ebay for the right buyer, consider this strategy: list the item the first month for $525; each month take 10% off the price until you find the right buyer. I don't recommend going below spot price, but as you drop the price, you may consider adding the weight to entice scrap/bullion buyers to make the purchase.</p><p><br /></p><p>I hope that helps!</p><p><br /></p><p>Nate[/QUOTE]</p><p><br /></p>
[QUOTE="MrNate, post: 4401497, member: 5515"]Komokwa tells the truth, in many many ways! Here's my advice, #1: If you are selling above spot on ebay, there's a [U]very good chance[/U] the person who eventually buys it is a collector, and therefore not going to scrap it. #2: Completely agree with [USER=37]@verybrad[/USER] 's advice about ebay pricing. The key on ebay is you have to be [U]very patient[/U] waiting for the right buyer to come along, and there really isn't any way to know if someone will "bite" on your listing at your offered price. Lately, I've been pricing my ebay silver items at around ~$34 per ounce (as buy it now listings, not auctions), and yes some of them sell at that price. #3: High quality pictures are absolutely necessary to get someone to pay a premium price on ebay...do your best to take nice focused photos in good lighting. Take the bowl outdoors if needed. Goal should be to have as many photos showing details as you can. #4: Listing dimensions is more important than listing weight. If you are selling to a collector, they are less concerned about the weight (since it will most likely be above spot price and more concerned with dimensions for whatever there intended use is). #5: A careful polishing always helps, and an accurate description of what you are selling. #6: Know what your "true profit" will be on ebay after fees. As a general rule, assume you will pay ~$15 in shipping, and approximately 14% of the sale price in fees. So if you happen to list this item at $525, and someone purchases, your net profit will be $525 - $15 - $73.50 = $436.50. #7: If you aren't willing to wait a million years on ebay for the right buyer, consider this strategy: list the item the first month for $525; each month take 10% off the price until you find the right buyer. I don't recommend going below spot price, but as you drop the price, you may consider adding the weight to entice scrap/bullion buyers to make the purchase. I hope that helps! Nate[/QUOTE]
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