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FA: Irish notes - some below face value
I've asked here a few days back about some Irish notes I have. Decided to
put them on Ebay. Thinking that someone in Ireland can buy them at below face value and go cash them in at the Central Bank (as they're now obsolete). Thought collectors might pay more than face for Uncirculated bills... Surprisingly (or not), only one bid each on the larger bills below face, no bids yet on smaller Unc bills. Plenty of "watchers" and visitors. Hmm. http://cgi.ebay.com/ws/eBayISAPI.dll...MESE%3AIT&rd=1 http://cgi.ebay.com/ws/eBayISAPI.dll...MESE%3AIT&rd=1 http://cgi.ebay.com/ws/eBayISAPI.dll...MESE%3AIT&rd=1 http://cgi.ebay.com/ws/eBayISAPI.dll...MESE%3AIT&rd=1 |
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#2
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On Wed, 10 Aug 2005 03:16:11 GMT, "line123"
wrote: I've asked here a few days back about some Irish notes I have. Decided to put them on Ebay. Thinking that someone in Ireland can buy them at below face value and go cash them in at the Central Bank (as they're now obsolete). Thought collectors might pay more than face for Uncirculated bills... Surprisingly (or not), only one bid each on the larger bills below face, no bids yet on smaller Unc bills. Plenty of "watchers" and visitors. Hmm. http://cgi.ebay.com/ws/eBayISAPI.dll...MESE%3AIT&rd=1 http://cgi.ebay.com/ws/eBayISAPI.dll...MESE%3AIT&rd=1 http://cgi.ebay.com/ws/eBayISAPI.dll...MESE%3AIT&rd=1 http://cgi.ebay.com/ws/eBayISAPI.dll...MESE%3AIT&rd=1 With all due respect, I see three immediate problems: 1) $5.oo s+h 2) Paypal only 3) It ain't over yet The postage rates charged by Ebay sellers is a cònstant source of discussion on this NG and its sister group, rec.collecting.coins. Most bidders will not touch a banknote auction that charges about 4x actual postage costs. This note could easily be sent for about $1.50 or less very safely using cardboard stiffeners in a regular envelope. Even a smallish padded envelope. Just FYI. I guess if these notes were sent via Priority Mail or else insured with delivery confirmation, then the charge might be warranted. My guess is that you have no bids on the £5 note because it will cost almost as much as the thing is worth to get it to the buyer. I suspect that the £10 note has already seen its maximum bid. Maybe one more dollar. Most bidders will also avoid "Paypal only" auctions. Paypal sucks and I guess I figure you don't want my money badly enough if you won't take cash or a MO! Last but not least, there are still three days left -- there is plently of time for you to realise a reasonable price for your items. I would say probably a little less than face value for the larger notes, to make up for the postage charge, though. On the positive side, you've come up with good ad copy. Too many sellers write thousands of words of "fine print", and then only about four words to describe the item. Bad practice. No hype, all the necessary details are spelled out and the pictures are clear. Your winning bidders should be well pleased! Chalk it up to living and learning! Padraic. la cieurgeourea provoer mal trasfu ast meiyoer ke 'l andrext ben trasfu. |
#3
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"Padraic Brown" wrote in message The postage rates charged by Ebay sellers is a cònstant source of discussion on this NG and its sister group, rec.collecting.coins. Most bidders will not touch a banknote auction that charges about 4x actual postage costs. This note could easily be sent for about $1.50 or less very safely using cardboard stiffeners in a regular envelope. Even a smallish padded envelope. Just FYI. I am selling my Scottish banknote collection recently on eBay. I have found it quite possible to send the notes uninsured regular USA mail with cardboard protection for... ....37¢ I go a bit over the weight cut off on the international shipments, but I can still manage these for... ....$1.60 That is what I charge my customers. No more, no less. Just actual. I do take paypal, and don't charge for it. I also don't fret over low bids in the middle of the auction. Most bidding on the auction is done in the last 5 minutes anyway, especially if you have a bunch of watchers. 90% of the time I want something but don't bid on it, it is because of the ridiculous postal charges. |
#4
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Guys,
All points well taken! However, I'm completely new to this Ebay thing (as you can see from my rating of 2 - all from purchases). I have no idea what shipping actually costs and simply listed $1 less than one of the more common sellers on there. I have a "day job" and am not in the business of selling anything other than the few things on Ebay that you've seen - so obviously accepting CCards is out. Not sure how practical checks or MOs from Europe are (location of most buyers). Cash through mail scares me, and what would I do with British Pounds in small quantities? I'm not fretting about anything - just curious. Had to learn what a "watcher" is. A brave new world! Any other advice would be greatly appreciated! "Scottishmoney" wrote in message ... "Padraic Brown" wrote in message The postage rates charged by Ebay sellers is a cònstant source of discussion on this NG and its sister group, rec.collecting.coins. Most bidders will not touch a banknote auction that charges about 4x actual postage costs. This note could easily be sent for about $1.50 or less very safely using cardboard stiffeners in a regular envelope. Even a smallish padded envelope. Just FYI. I am selling my Scottish banknote collection recently on eBay. I have found it quite possible to send the notes uninsured regular USA mail with cardboard protection for... ...37¢ I go a bit over the weight cut off on the international shipments, but I can still manage these for... ...$1.60 That is what I charge my customers. No more, no less. Just actual. I do take paypal, and don't charge for it. I also don't fret over low bids in the middle of the auction. Most bidding on the auction is done in the last 5 minutes anyway, especially if you have a bunch of watchers. 90% of the time I want something but don't bid on it, it is because of the ridiculous postal charges. |
#5
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Guys,
All points well taken! However, I'm completely new to this Ebay thing (as you can see from my rating of 2 - all from purchases). I have no idea what shipping actually costs and simply listed shipping at $1 less than one of the more common sellers on there. I was also thinking that delivery confirmation is a must. If I can actually ship to Europe for $1.60, the next notes will be auctioned with shipping in that range... I have a "day job" and am not in the business of selling anything other than the few things on Ebay that you've seen - so obviously accepting CCards is out. Not sure how practical checks or MOs from Europe are (location of most buyers of Irish notes). Cash through mail scares me, and what would I do with British Pounds in small quantities? I'm not fretting about anything - just curious. Had to learn what a "watcher" is. A brave new world! I work in the computer field, but very far from sales or shipping. This set of auctions is half about making a few bucks and half about learning. Observing human bidding behavior is fascinating to me. The good news is that I have many more notes where those came from! Any other advice would be greatly appreciated! "Scottishmoney" wrote in message ... "Padraic Brown" wrote in message The postage rates charged by Ebay sellers is a cònstant source of discussion on this NG and its sister group, rec.collecting.coins. Most bidders will not touch a banknote auction that charges about 4x actual postage costs. This note could easily be sent for about $1.50 or less very safely using cardboard stiffeners in a regular envelope. Even a smallish padded envelope. Just FYI. I am selling my Scottish banknote collection recently on eBay. I have found it quite possible to send the notes uninsured regular USA mail with cardboard protection for... ...37¢ I go a bit over the weight cut off on the international shipments, but I can still manage these for... ...$1.60 That is what I charge my customers. No more, no less. Just actual. I do take paypal, and don't charge for it. I also don't fret over low bids in the middle of the auction. Most bidding on the auction is done in the last 5 minutes anyway, especially if you have a bunch of watchers. 90% of the time I want something but don't bid on it, it is because of the ridiculous postal charges. |
#6
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A bit of technical difficulties. Second note has more of my thoughts.
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#7
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On Thu, 11 Aug 2005 01:13:59 GMT, "line123"
wrote: Guys, All points well taken! However, I'm completely new to this Ebay thing (as you can see from my rating of 2 - all from purchases). Sure! Every Ebayer started out as completely new! Kinda too bad you didn't ask some specific questions about running an Ebay auction here before doing it! I've found that folks here and in RCC are extrémely helpful when dealing with first-time auctioneers. I have no idea what shipping actually costs and simply listed $1 less than one of the more common sellers on there. Unhappily, like I said, many sellers charge wáy too much for postage. You chose a poor role model -- but you didn't know any better either! I have a "day job" and am not in the business of selling anything other than the few things on Ebay that you've seen - so obviously accepting CCards is out. Well, sure. Most of us don't make our livings selling on Ebay either! I wasn't sure exactly what you meant by that, since using Paypal is the same thing as accepting a credit card. Paypal is simply a service that allows you to do it without all the mess of setting up an arrangement with a credit company. Not sure how practical checks or MOs from Europe are (location of most buyers). Most people in the world can come up with US$. You'ld be amazed. I wouldn't accept a check in sterling or euros either -- not without checking on what fees there would be to cash such a thing. And that might be too much trouble. Whenever I sell anything on Ebay, I just add a short terms & conditions that spells out what I accept -- usually "cash, money orders, major foreign currencies and bullion" -- and how it will be sent -- "items sent by USPS/UPS/etc with/without insurance at buyer's option". I don't usually accept checks, but am willing to work with a buyer if that's most convenient for them. I did actually receive a payment in bullion one time, and have received several in CDN$, sterling and I think Cayman Island $. But of couse, I collect the stuff, and you're trying to get rid of it, so that wouldn't help you any! Cash through mail scares me, and what would I do with British Pounds in small quantities? Sell em on Ebay? )))) Cash in the mail is not at all scary. In fact, you're going to be sending out several lots of cash in the mail, right? See!? I'm not fretting about anything - just curious. Had to learn what a "watcher" is. A brave new world! Watchers are those of us here in RCPM interested in how well your auction goes! Any other advice would be greatly appreciated! You míght encourage some higher bids by altering your postage charge to read something like "actual postage will be charged". That of course is up to you, and it may be too late at this time. Padraic. "Scottishmoney" wrote in message ... "Padraic Brown" wrote in message The postage rates charged by Ebay sellers is a cònstant source of discussion on this NG and its sister group, rec.collecting.coins. Most bidders will not touch a banknote auction that charges about 4x actual postage costs. This note could easily be sent for about $1.50 or less very safely using cardboard stiffeners in a regular envelope. Even a smallish padded envelope. Just FYI. I am selling my Scottish banknote collection recently on eBay. I have found it quite possible to send the notes uninsured regular USA mail with cardboard protection for... ...37¢ I go a bit over the weight cut off on the international shipments, but I can still manage these for... ...$1.60 That is what I charge my customers. No more, no less. Just actual. I do take paypal, and don't charge for it. I also don't fret over low bids in the middle of the auction. Most bidding on the auction is done in the last 5 minutes anyway, especially if you have a bunch of watchers. 90% of the time I want something but don't bid on it, it is because of the ridiculous postal charges. la cieurgeourea provoer mal trasfu ast meiyoer ke 'l andrext ben trasfu. |
#8
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On Thu, 11 Aug 2005 01:14:00 GMT, "line123"
wrote: Already replied to the first one, but I see this was more complete... Guys, All points well taken! However, I'm completely new to this Ebay thing (as you can see from my rating of 2 - all from purchases). I have no idea what shipping actually costs and simply listed shipping at $1 less than one of the more common sellers on there. I was also thinking that delivery confirmation is a must. If I can actually ship to Europe for $1.60, the next notes will be auctioned with shipping in that range... Delivery confirmation is really nice for small packets or for sending to someone with a low rating score or for very valuable items. Most things can be sent without. You should have probably stated your intention to use delivery confirmation in the ad copy. Sometimes buyers will ask you not to bother and save the extra charge. I have a "day job" and am not in the business of selling anything other than the few things on Ebay that you've seen - so obviously accepting CCards is out. Not sure how practical checks or MOs from Europe are (location of most buyers of Irish notes). Cash through mail scares me, and what would I do with British Pounds in small quantities? I'm not fretting about anything - just curious. Had to learn what a "watcher" is. A brave new world! I work in the computer field, but very far from sales or shipping. This set of auctions is half about making a few bucks and half about learning. Observing human bidding behavior is fascinating to me. The good news is that I have many more notes where those came from! Good attitude! Learning is all part of the Ebay experience. With some good luck, next time around you'll realise a greater profit with less expence! Pay attention to how you pack these notes and how much you are charged by the PO to send them. I would also consider placing them in one of those flat brown envelopes with some (thin) cardboard to stiffen them, rather than in a padded envelope or box. You should be able to get away without the hassle of customs forms this way... You'll also become aware of how much it costs to send these kinds of things to European destinations, and you'll be able to write a better ad copy next time. And yes, watching people bid on things is almost as much fun as either buying or selling anything! I often go to live auctions just to see what sort of people show up and what they buy. An amazing PhD dissertation is waiting out there for the right grad student in psychology or sociology to come along. Padraic. Any other advice would be greatly appreciated! "Scottishmoney" wrote in message ... "Padraic Brown" wrote in message The postage rates charged by Ebay sellers is a cònstant source of discussion on this NG and its sister group, rec.collecting.coins. Most bidders will not touch a banknote auction that charges about 4x actual postage costs. This note could easily be sent for about $1.50 or less very safely using cardboard stiffeners in a regular envelope. Even a smallish padded envelope. Just FYI. I am selling my Scottish banknote collection recently on eBay. I have found it quite possible to send the notes uninsured regular USA mail with cardboard protection for... ...37¢ I go a bit over the weight cut off on the international shipments, but I can still manage these for... ...$1.60 That is what I charge my customers. No more, no less. Just actual. I do take paypal, and don't charge for it. I also don't fret over low bids in the middle of the auction. Most bidding on the auction is done in the last 5 minutes anyway, especially if you have a bunch of watchers. 90% of the time I want something but don't bid on it, it is because of the ridiculous postal charges. la cieurgeourea provoer mal trasfu ast meiyoer ke 'l andrext ben trasfu. |
#9
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Padraic,
A wealth of truly useful info! BTW, I just checked and the British postal regs require that Registered mail ($9.10/$10.85 w receipt) be used for currency! I do see now that plain old letter is $1.60. It is too late to modify any existing auctions as every single one now has bids http://pe.usps.gov/text/imm/immicl/immicleg_021.html Alex L. "Padraic Brown" wrote in message ... On Thu, 11 Aug 2005 01:14:00 GMT, "line123" wrote: Already replied to the first one, but I see this was more complete... Guys, All points well taken! However, I'm completely new to this Ebay thing (as you can see from my rating of 2 - all from purchases). I have no idea what shipping actually costs and simply listed shipping at $1 less than one of the more common sellers on there. I was also thinking that delivery confirmation is a must. If I can actually ship to Europe for $1.60, the next notes will be auctioned with shipping in that range... Delivery confirmation is really nice for small packets or for sending to someone with a low rating score or for very valuable items. Most things can be sent without. You should have probably stated your intention to use delivery confirmation in the ad copy. Sometimes buyers will ask you not to bother and save the extra charge. I have a "day job" and am not in the business of selling anything other than the few things on Ebay that you've seen - so obviously accepting CCards is out. Not sure how practical checks or MOs from Europe are (location of most buyers of Irish notes). Cash through mail scares me, and what would I do with British Pounds in small quantities? I'm not fretting about anything - just curious. Had to learn what a "watcher" is. A brave new world! I work in the computer field, but very far from sales or shipping. This set of auctions is half about making a few bucks and half about learning. Observing human bidding behavior is fascinating to me. The good news is that I have many more notes where those came from! Good attitude! Learning is all part of the Ebay experience. With some good luck, next time around you'll realise a greater profit with less expence! Pay attention to how you pack these notes and how much you are charged by the PO to send them. I would also consider placing them in one of those flat brown envelopes with some (thin) cardboard to stiffen them, rather than in a padded envelope or box. You should be able to get away without the hassle of customs forms this way... You'll also become aware of how much it costs to send these kinds of things to European destinations, and you'll be able to write a better ad copy next time. And yes, watching people bid on things is almost as much fun as either buying or selling anything! I often go to live auctions just to see what sort of people show up and what they buy. An amazing PhD dissertation is waiting out there for the right grad student in psychology or sociology to come along. Padraic. Any other advice would be greatly appreciated! "Scottishmoney" wrote in message ... "Padraic Brown" wrote in message The postage rates charged by Ebay sellers is a cònstant source of discussion on this NG and its sister group, rec.collecting.coins. Most bidders will not touch a banknote auction that charges about 4x actual postage costs. This note could easily be sent for about $1.50 or less very safely using cardboard stiffeners in a regular envelope. Even a smallish padded envelope. Just FYI. I am selling my Scottish banknote collection recently on eBay. I have found it quite possible to send the notes uninsured regular USA mail with cardboard protection for... ...37¢ I go a bit over the weight cut off on the international shipments, but I can still manage these for... ...$1.60 That is what I charge my customers. No more, no less. Just actual. I do take paypal, and don't charge for it. I also don't fret over low bids in the middle of the auction. Most bidding on the auction is done in the last 5 minutes anyway, especially if you have a bunch of watchers. 90% of the time I want something but don't bid on it, it is because of the ridiculous postal charges. la cieurgeourea provoer mal trasfu ast meiyoer ke 'l andrext ben trasfu. |
#10
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On Thu, 11 Aug 2005 12:38:36 GMT, "line123"
wrote: Padraic, A wealth of truly useful info! BTW, I just checked and the British postal regs require that Registered mail ($9.10/$10.85 w receipt) be used for currency! I do see now that plain old letter is $1.60. It is too late to modify any existing auctions as every single one now has bids http://pe.usps.gov/text/imm/immicl/immicleg_021.html I suspect the British regs relate to mail originating in the UK. If you're in the US, you shouldn't have to worry about it. Padraic. Alex L. "Padraic Brown" wrote in message .. . On Thu, 11 Aug 2005 01:14:00 GMT, "line123" wrote: Already replied to the first one, but I see this was more complete... Guys, All points well taken! However, I'm completely new to this Ebay thing (as you can see from my rating of 2 - all from purchases). I have no idea what shipping actually costs and simply listed shipping at $1 less than one of the more common sellers on there. I was also thinking that delivery confirmation is a must. If I can actually ship to Europe for $1.60, the next notes will be auctioned with shipping in that range... Delivery confirmation is really nice for small packets or for sending to someone with a low rating score or for very valuable items. Most things can be sent without. You should have probably stated your intention to use delivery confirmation in the ad copy. Sometimes buyers will ask you not to bother and save the extra charge. I have a "day job" and am not in the business of selling anything other than the few things on Ebay that you've seen - so obviously accepting CCards is out. Not sure how practical checks or MOs from Europe are (location of most buyers of Irish notes). Cash through mail scares me, and what would I do with British Pounds in small quantities? I'm not fretting about anything - just curious. Had to learn what a "watcher" is. A brave new world! I work in the computer field, but very far from sales or shipping. This set of auctions is half about making a few bucks and half about learning. Observing human bidding behavior is fascinating to me. The good news is that I have many more notes where those came from! Good attitude! Learning is all part of the Ebay experience. With some good luck, next time around you'll realise a greater profit with less expence! Pay attention to how you pack these notes and how much you are charged by the PO to send them. I would also consider placing them in one of those flat brown envelopes with some (thin) cardboard to stiffen them, rather than in a padded envelope or box. You should be able to get away without the hassle of customs forms this way... You'll also become aware of how much it costs to send these kinds of things to European destinations, and you'll be able to write a better ad copy next time. And yes, watching people bid on things is almost as much fun as either buying or selling anything! I often go to live auctions just to see what sort of people show up and what they buy. An amazing PhD dissertation is waiting out there for the right grad student in psychology or sociology to come along. Padraic. Any other advice would be greatly appreciated! "Scottishmoney" wrote in message ... "Padraic Brown" wrote in message The postage rates charged by Ebay sellers is a cònstant source of discussion on this NG and its sister group, rec.collecting.coins. Most bidders will not touch a banknote auction that charges about 4x actual postage costs. This note could easily be sent for about $1.50 or less very safely using cardboard stiffeners in a regular envelope. Even a smallish padded envelope. Just FYI. I am selling my Scottish banknote collection recently on eBay. I have found it quite possible to send the notes uninsured regular USA mail with cardboard protection for... ...37¢ I go a bit over the weight cut off on the international shipments, but I can still manage these for... ...$1.60 That is what I charge my customers. No more, no less. Just actual. I do take paypal, and don't charge for it. I also don't fret over low bids in the middle of the auction. Most bidding on the auction is done in the last 5 minutes anyway, especially if you have a bunch of watchers. 90% of the time I want something but don't bid on it, it is because of the ridiculous postal charges. la cieurgeourea provoer mal trasfu ast meiyoer ke 'l andrext ben trasfu. la cieurgeourea provoer mal trasfu ast meiyoer ke 'l andrext ben trasfu. |
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