Being the world largest market place, eBay attracts millions buyers every day. It doesn't matter you are a coin dealer or only a collector want to downsize your collection, eBay is always a good place to get your coins sold. However, it's not as easy as list and collect money. You need to be prepared to get your coins sold at good value.
1. Buy at eBay before you sell on eBay. You need to know how eBay works, and the experience about buying.
2. Don't believe those feedback tricks. Some people will spread some tricks on how to gain feedback quick like sell eBooks, buy cheap items and so on. However, this will not work; at least will not work well. Most people will check your profile before they buy something from you, and of course they know the difference between feedback from sellers and from buyers. If you are interested in coin collecting, focus on this. It's fine you buy or sell some other items but most of them should from your main interests.
3. Take a good photo. It's difficult to take clear image of coins so some collector just use the picture from mint or dealers. You may already broken the copy right of the image and in big trouble. Even though not, that's still not good. A photo of the coin you are selling is very important. A picture says thousand words. Check the fee structure of eBay and decide how many picture you can put on a listing. At the time of writing, eBay allows you add 12 pictures for free so take advantage of it.
4. Choose a good title. The first picture and title are what the buyer can see from the search list. Include important details in title.
5. Choose the correct category. EBay allows you to list in two or more different categories but this will involve extra charge.
6. Include as much as details in description. Use bond font or different colours to highlight important texts. If the eBay description builder is not enough for you, you can use HTML codes. You need to include any flaws or shortcomings of the item in description.
7. Decide auction or buy it now. If you are unsure about the market price, you can put it to auction and specify the starting price. This will protect you from selling it on a low price which you don't want to sell. If you know the price well and want to sell quick, buy it now is the better option.
8. Decide the delivery fee you need to charge. Go to the website of Australia Post to see how much you need to post it. Remember only charge the real postage plug package. Provide multiple options for buyers to choose.
9. Answer questions from buyers quickly and accurately. The questions are not always from buyers, however, you can't risk lost a potential buyer. Also, a good seller is built from good service.
10. Never try to bid your own coins. It's against the eBay policy and you are risking the suspension of your account.
11. The best and fastest payment option is PayPal though certain fees will be involved. However, do provide more options for buyers don't have credit card or don't have a PayPal account.
12. Allow buyer to return item if they are not satisfied with it. No buyer can trust a seller not promised to accept return. Allow 14 days return if you can. Of course you can ask buyer to pay the delivery fee to post it back.
13. Confirm you received the payment before ship the item.
14. Post it as fast as you can after you received the payment. Yes you are allowed to have a few days before you post them but think you are the buyer, after you made the payment, you are waiting for the item and probably check your mail box everyday see is it there. So don't disappoint your buyer by late delivery if you can send it earlier. If you can't make it in time, contact buyer and explain what happened to you.
15. If your coins didn't sell, you can re-list it and if it is sold this time, your listing fee will be refund to you from eBay.
16. Offer a second chance offer if the highest bidder failed to buy it or you has extra items. You don't need to pay listing fees if the buyer accepted your second chance offer. You only need to pay final fees so it's a good way to boost your selling if it's above your price.
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