Ebay Coin Auction Guidelines

Do I read the latest eBay coin auction guideline updates correctly? Is
it now unacceptable to use the BIN or reserve option in a listing for a raw
coin? If so, I'm not sure I understand the rationale here, but I suppose
the BIN is easy enough to live without, and the reserve probably could be
replaced by an equivalent starting bid. I wonder if these restrictions
could be avoided if the same auction simply were listed under the
"Collectables" category, rather than "Coins: US", assuming that a potential
buyer would find the coin there in a word search.

I'm glad reserve is being limited. All the time I spend on an action is wasted if the seller is delusional about the value and puts a high reserve (and many reserve values seem delusional to me).

If you list coins under Collectables I won't find them. I have scores of searches that only point to the Coins category and it would be a huge pain to duplicate them for collectables.

Changing my coin searches would also be a huge waste of time. I tried one of my specific searches in Collectables. The search currently finds only one current item in the Coins and Paper Money section, but it returned 72 items in Collectables--none of them coins.

On Sunday, June 10, 2012 8:01:21 PM UTC-4, Bremick wrote:
Do I read the latest eBay coin auction guideline updates correctly? Is
it now unacceptable to use the BIN or reserve option in a listing for a raw
coin? If so, I'm not sure I understand the rationale here, but I suppose
the BIN is easy enough to live without, and the reserve probably could be
replaced by an equivalent starting bid. I wonder if these restrictions
could be avoided if the same auction simply were listed under the
"Collectables" category, rather than "Coins: US", assuming that a potential
buyer would find the coin there in a word search.

"B.J." wrote in message
...
I'm glad reserve is being limited. All the time I spend on an action is
wasted if the seller is delusional about the value and puts a high reserve
(and many reserve values seem delusional to me).

If you list coins under Collectables I won't find them. I have scores of
searches that only point to the Coins category and it would be a huge pain
to duplicate them for collectables.

Changing my coin searches would also be a huge waste of time. I tried one of
my specific searches in Collectables. The search currently finds only one
current item in the Coins and Paper Money section, but it returned 72 items
in Collectables--none of them coins.

----------------

Interesting. My own key word coin searches are specific enough to spot most
applicable auctions even if listed under cosmetics or vintage clothing.
I'll often search for say "mexico libertad" or "civil war token" under All
Categories and I will get the same hits as if I placed it under a more
specific category. Could you give an example of one of your coin search
terms? Although reserves turn me off too, they seem to okay with eBay as
long as the auction involves coins in approved slabs. I guess I miss the
point.

On Sunday, June 10, 2012 9:24:47 PM UTC-4, Bremick wrote:

Interesting. My own key word coin searches are specific enough to spot most
applicable auctions even if listed under cosmetics or vintage clothing.
I'll often search for say "mexico libertad" or "civil war token" under All
Categories and I will get the same hits as if I placed it under a more
specific category. Could you give an example of one of your coin search
terms?

domi* 1989 -doll* -gold -peso* -proof -specim* -300 -5 -10* -20* -25 -silver

Narrow to country and year, an eliminate indicators that the auction isn't relevant. This is for a one centavo coin which makes a positive search harder--the "1" is often not present and Centavo could be C or Cent. Plus I want to catch the frequent auctions where the country and/or denomination are misspelled.

"Bremick" wrote in message ...

Do I read the latest eBay coin auction guideline updates correctly? Is
it now unacceptable to use the BIN or reserve option in a listing for a raw
coin?
================================================== ==========
That's the "Probablysick Rule"

"B.J." wrote in message
...
On Sunday, June 10, 2012 9:24:47 PM UTC-4, Bremick wrote:

Interesting. My own key word coin searches are specific enough to spot
most
applicable auctions even if listed under cosmetics or vintage clothing.
I'll often search for say "mexico libertad" or "civil war token" under All
Categories and I will get the same hits as if I placed it under a more
specific category. Could you give an example of one of your coin search
terms?

domi* 1989 -doll* -gold -peso* -proof -specim* -300 -5 -10* -20* -25 -silver

Narrow to country and year, an eliminate indicators that the auction isn't
relevant. This is for a one centavo coin which makes a positive search
harder--the "1" is often not present and Centavo could be C or Cent. Plus I
want to catch the frequent auctions where the country and/or denomination
are misspelled.
-------------

So if you have that search term bookmarked, wouldn't any hits also show up
under the default All Categories in addition to the appropriate Coins &
Currency category? Do you have it set up to get an email alert any time
there is a hit? Otherwise, I just searched All Categories for "domi* 1989"
and saw 13 hits under Coins & Currency. A quick scan showed none matching
what you're after. I guess we all search differently.

In article , "Bremick"
wrote:

Do I read the latest eBay coin auction guideline updates correctly? Is
it now unacceptable to use the BIN or reserve option in a listing for a raw
coin? If so, I'm not sure I understand the rationale here, but I suppose
the BIN is easy enough to live without, and the reserve probably could be
replaced by an equivalent starting bid. I wonder if these restrictions
could be avoided if the same auction simply were listed under the
"Collectables" category, rather than "Coins: US", assuming that a potential
buyer would find the coin there in a word search.

IIRC, the policy only applies to collectible coinz with a starting bid,
a BIN price or a reserve price greater than $2,500. All of these will
now have to be slabbed by one of the "acceptable" grading companies in
order to be listed.

Coinz with starting/BIN/reserve prices under $2,500 and items in the
"Bullion" subcategory are not affected by this new requirement, and can
still be listed raw (without numerical grades, third world slabbing
references or PCGS Price Guide quotes, etc.).

Personally, I can't remember the last time I sold a raw coin for over
$2,500, so I don't think it will affect me (or many other eBay sellers)
all that much. The only items I see it affecting are the 1804 Doller I
Found In My Grampa's Sock Drawer and the Fantabulous Amazing Mint Error
(thatImadeinmybasementworkshop) ...

--
Ken Barr Numismatics * * * *email:
P. O. Box 32541 * * * * * * website: *http://www.kenbarr.com
San Jose, CA *95152 * * Coins, currency, exonumia, souvenir cards, etc.
408-272-3247 * ** NEXT SHOW: ANA Denver 5/10-12 (at SCCS table 730)

On Jun 10, 7:01*pm, "Bremick" wrote:
* * Do I read the latest eBay coin auction guideline updates correctly? * Is
it now unacceptable to use the BIN or reserve option in a listing for a raw
coin? *If so, I'm not sure I understand the rationale here, but I suppose
the BIN is easy enough to live without, and the reserve probably could be
replaced by an equivalent starting bid. *I wonder if these restrictions
could be avoided if the same auction simply were listed under the
"Collectables" category, rather than "Coins: US", assuming that a potential
buyer would find the coin there in a word search.

Coins with a starting price, reserve or BIN of $2500 or more must be
certified by an "approved" grading service. Even the 4 piece
proof gold Eagle sets in original US Mint packaging cannot be sold
raw.

And likely coming soon -- already being rolled out on eBay Germany --
Amazon-style payments. The buyer will pay eBay directly and the funds
will be released to you only after Ebay confirms delivery and a
satisfied buyer.

On Monday, June 11, 2012 8:45:20 AM UTC-4, Bremick wrote:

domi* 1989 -doll* -gold -peso* -proof -specim* -300 -5 -10* -20* -25 -silver

So if you have that search term bookmarked, wouldn't any hits also show up
under the default All Categories in addition to the appropriate Coins &
Currency category? Do you have it set up to get an email alert any time
there is a hit? Otherwise, I just searched All Categories for "domi* 1989"
and saw 13 hits under Coins & Currency. A quick scan showed none matching
what you're after. I guess we all search differently.

I have a saved search for that term under World Coins, with eBay sending me e-mail when new items are listed. I've received ten e-mails on the search for this calendar year.

I have other searches for various German states -- putting those searches outside of World Coins would also send e-mail messages full of bogus hits.