This series is the absolute best of anything on TH-cam. Thank you for doing all the pre work, your collective expertise and your stories. Please keep it up!😊
Wow pba4256 - thank you. I'm a big believer of it's not what you know - but who you know and read when it comes to knowledge and information. I'm lucky to be a part of this group - they are the brains behind the curtain.
Really enjoy being a part of this group. ❤ I always learn more than I have to share. Thanks to Dan for putting this together and thanks to you for watching!!
I really enjoyed the discussion today. I’ve been buying on eBay since 2003 and have been selling on eBay since 2011. The insights you all had, tips on buying and “wall of shame” was awesome! Thank you for sharing and the only thing I would add on sniping bids is $97.63 😂 Thank you Stu, Dustin, Ontario and Dan! Great job!
Really good info on ebay shopping. I find it interesting how everyone uses ebay a bit differently, but there are definitely some things that apply to everyone. I would also add that as a seller, even though a huge pro to ebay is the vast market it opens up to you, the fees can be quite high. I think for me it's been consistently around 13.5%, so that's definitely something you need to take into account when selling. If your item sells for $100, you'll end up getting around $81.50 after shipping and fees.
Thanks Joe - and you are correct. Call it the brick and mortar cost of doing business virtually. The question I have - and should be discussed will I get more anywhere else? I only sell to one LCS and I drive about 2 hours to do so because there is only coin dealers that will give 50%. Not mad about it - I get it, they simply don't want that type of inventory. Appreciate the comment - we still need to talk.
Hello Dan, and the round table, Thanks so much for doing another great job on talking points on collecting currency on e-bay. There was so much to take away from everyone’s good advice. As you put in some humor to make it enjoyable to watch you. Looking forward to your next round table. All stay well and be safe.🙏 Bill😎👍
Sorry for being late, Guys! I am a highway worker in the the NE. Winter Sucks! Love your discussions and could listen to you talk all day. Thanks for the effort!
I would add that whenever doing a eBay auction or other auctions it’s ok to lose. In fact you should be losing a vast majority of the lots you bid on. That means you’re not overpaying when you do when. I win on maybe 1/20 lots I bid on but if you put in the time that’s still 3-8 items per week
Great convo! I probably picked up 50% of my collection off of eBay. I have found that if I buy something from a shop or a dealer at a show on a “whim” and then I come home and look it up on eBay, I always find it cheaper. Even if you don’t buy off of eBay, it still is an excellent source of how much things go for.
Thanks Edward - I'm more along the percentage lines with Stu - not quite that high. And yes - if you don't like to purchase on eBay totally respect that - especially if you have LCS that carries currency or you "know someone" like a pocket dealer. But, like you said to ignore it and not have it as one of the tools in your tool belt it probably is making harder. For me eBay is almost 80% about selection. I can go to 20 LCS and not find 10% of what is on eBay. That, to me, is worth any problems I have - which are few and far between.
More than 90% of my collection was bought on ebay and I thoroughly enjoyed the detailed conversation on the platform I love (and sometimes complain about) 😊
Again, 4Kollector, greatly appreciate your feedback. You are one of my favorites currency channels - because your collection is so varied and interesting.
Another amazing round table! This one was filled with a lot of good information and tips. I do have to agree with Dustin about the con of eBay is not being able to have the note in hand when deciding to purchase it or not. Ive been burnt on a purchase cause of bad lighting/angles on a note one of the first times I’ve purchased a note from eBay, if I had it in hand at the time of my decision, I definitely wouldn’t have paid the price that I did! Can’t wait until the next round table
Hello gentlemen! I love hearing your suggestions, thoughts, and tips! You have put together an amazing group of savvy individuals! Keep up the good work! Blessings always! ❤️✝️
@@PolarCurrency Awww thank you!! Steve is the one who has gotten me interested in currency collecting. I’m a newby……..73 years old….and on a very limited income but Steve has been extremely kind to me & I appreciate all he does! ❤️✝️
@@PolarCurrency Dear Dan! Thank you very much for your kind words too! From time to time I will definitely put some videos in English. Very soon my video will come out with my favorite Top 5 series in my collection. Would be great to hear your opinion!
I will say that I do love shopping on eBay and getting deals on the notes for my collection. Another great video looking forward to seeing the next Round Table video.😅
Definitely need to do your research. So many things are overpriced. Also read the full description because sometimes there are important details there.
2nd time watching this video... Regarding seller feedback (number of sales). I will typically use that number as my MAX bid. So 300 sales = $300 max. I'm willing to buy lower cost items. But someone with 8 feedback selling an item for $1,500 is a risk I will let someone else take. I want the high dollar items to come from the most established/legit sellers.
Interesting bid style - and probably safe! I doubt I will ever buy anything again for over $1K on eBay. Too many times I have seen prices for far less.
Talking about eye appeal on a note. Using photoshop, the picture of a note can be “doctored “ so it looks cleaner, brighter, greener, bluer (tint) and most people can’t tell. If the note comes in and it isn’t the same as what I saw on eBay, is it returnable?
To my knowledge yes, if Seller offers a return policy - if no to that than you are out of luck. That's why for me it's a very rare day that I purchase without a return policy. Sidebar to your comment - yes pictures get manipulated. Stu made a great point in using "bad" light - I say good light to the point where you can see the note - not doctoring. Thanks for the comment and hope that helps?
Ebay biding (sniping)... I feel that in order to bid within the last MINUTE, you should have had to place a bid prior to that. I am not a fan of someone placing a bid with 1 second left with no ability to counter that bid. That's not how the "live auction" process is supposed to function, fundamentally speaking. If people had to bid earlier, it would disclose a certain level of interest and buyers could plan accordingly. Yes, people can still bid at the last second. But not without already declaring their interest in the item. It would make the process more fair for everyone. Give people a final chance to counter any bids up to that point. From a seller standpoint, it would likely lead to slightly higher prices in many cases. I equate sniping to a shady way of operating. It's a low class tactic. Like lifting money from a church offering plate or 'diving' for pocket change from a wishing fountain at the mall. Pretty sad and pathetic. Just bid what you are willing to pay. If someone else wants/values the item more, LET them have it. Sniping hurts the hobby by adding negative emotions to the auction buying process.
When I get outbid with 5 days left, I don't feel bad at all. 99x out of 100, I will not increase my bid. But when I'm leading for 9 days, and I get outbid with 1 second left, there is something about that outcome that doesn't feel right/legit. If someone walks into an auction hall...going once...going twice...they bid...that's fair. So if Ebay wants to allow bids with 1 second left, then they should *EXTEND* the time for anyone who is leading in the last minute to counter. Again, 99x out of 100, I will not bid more. But sometimes you take a 2nd look for a special item, and it's worth a bit of a stretch. And the process should be right/fair for ALL parties -- including the SELLER. They deserve the highest price from whatever the winning bid is. Not an item going up +300% in the last 5 seconds from an artificially low level via shady bidding.
Appreciate both your comments regarding eBay. That is an issue with ALL web based/internet auctions. So it's not just eBay. I don't know how you can get around not having the clock tick down to serve as the gavel. And why would anyone have to bid earlier to disclose a certain level of interest? It's my right to wait until the last second and keep my interests private, or in the case of a live auction before the gavel falls. I can't disagree that snipers are bad for business but is having two people competing to the end any different - one outbidding the other? This goes back to web/internet auctions. I don't have the answers just the statement no system is perfect. There always is the the Buy It Now offerings - you don't have to bid on anything. How it is listed on eBay is entirely up to the seller - not eBay.
Contrary to popular belief, eBay is not a true auction. eBay sells items to the highest bidder for a price just above the second highest bid. If you bid what you are willing to pay, that doesn’t mean you pay that amount. If you bid less than you are willing to pay, you have no one to blame but yourself when you get sniped. Even with just seconds left, I still bid what I’m willing to pay. Successful sniping means someone was trying to be cheap even when they were willing to pay more. I guess the lesson is don’t be cheap.
@@PolarCurrency For example, Great Collections shows the number of people following a listing. So you can in theory factor that in and have a high enough max bid to account for the likely last minute bids. True, there are no guarantees. It's about the general level of fairness. For Ebay Live streaming auctions, the time gets extended to allow a few seconds for a counter bid. Those are the kind of concepts I'm talking about.
Ebay's feedback rating is a scam. For example, say you are buying...a pair of shoes. And the seller sends you an empty box. You post negative feedback. Ask Ebay to step in to make things right. Ebay contacts the seller. They issue a refund. The kicker is, Ebay then automatically *REMOVES* the negative feedback since the seller ultimately "made things right." That's how a shady seller can easily maintain a 100% feedback rating.
@@PolarCurrency Yes. Their position is that as long as the seller issues a refund, then it's the same thing as them doing business on the up and up. Obviously they want as many sellers to have high feedback as possible. So they are incentivized to distort the feedback ratings to make their site/platform appear more legit. That being said, 95% of sellers are legit. I later found that there *IS* a way to make the feedback stick, but it involves a specific set of steps that only the most informed reps know how to navigate.
This series is the absolute best of anything on TH-cam. Thank you for doing all the pre work, your collective expertise and your stories. Please keep it up!😊
Wow pba4256 - thank you. I'm a big believer of it's not what you know - but who you know and read when it comes to knowledge and information. I'm lucky to be a part of this group - they are the brains behind the curtain.
Really enjoy being a part of this group. ❤ I always learn more than I have to share. Thanks to Dan for putting this together and thanks to you for watching!!
Ontario you are the straw that stirs the drink!
I really enjoyed the discussion today. I’ve been buying on eBay since 2003 and have been selling on eBay since 2011. The insights you all had, tips on buying and “wall of shame” was awesome! Thank you for sharing and the only thing I would add on sniping bids is $97.63 😂 Thank you Stu, Dustin, Ontario and Dan! Great job!
Thank you Dean - that means a lot coming from you. Love your channel!
Really good info on ebay shopping. I find it interesting how everyone uses ebay a bit differently, but there are definitely some things that apply to everyone. I would also add that as a seller, even though a huge pro to ebay is the vast market it opens up to you, the fees can be quite high. I think for me it's been consistently around 13.5%, so that's definitely something you need to take into account when selling. If your item sells for $100, you'll end up getting around $81.50 after shipping and fees.
Thanks Joe - and you are correct. Call it the brick and mortar cost of doing business virtually. The question I have - and should be discussed will I get more anywhere else? I only sell to one LCS and I drive about 2 hours to do so because there is only coin dealers that will give 50%. Not mad about it - I get it, they simply don't want that type of inventory. Appreciate the comment - we still need to talk.
Hello Dan, and the round table,
Thanks so much for doing another great job on talking points on collecting currency on e-bay.
There was so much to take away from everyone’s good advice.
As you put in some humor to make it enjoyable to watch you.
Looking forward to your next round table.
All stay well and be safe.🙏
Bill😎👍
Bill - thanks for the kind words and you/we should really check our humor?! Appreciate the support and the comment sir!
@@PolarCurrency you’re most welcome!😎👍
Sorry for being late, Guys! I am a highway worker in the the NE. Winter Sucks! Love your discussions and could listen to you talk all day. Thanks for the effort!
Thanks for taking care of us! No worries and appreciate the support.
Another great show guys. Loved it.
Thanks Dr. G! always good to hear from you!
I would add that whenever doing a eBay auction or other auctions it’s ok to lose. In fact you should be losing a vast majority of the lots you bid on. That means you’re not overpaying when you do when.
I win on maybe 1/20 lots I bid on but if you put in the time that’s still 3-8 items per week
Great addition! Yes - if you're winning a good percentage you are paying too much! Thanks!
Great information presented in a very entertaining way. Thank you for your time and effort.
Thanks Jeff - have to admit we were kind of worried it would be a bit dull. Appreciate the support.
Great convo! I probably picked up 50% of my collection off of eBay. I have found that if I buy something from a shop or a dealer at a show on a “whim” and then I come home and look it up on eBay, I always find it cheaper. Even if you don’t buy off of eBay, it still is an excellent source of how much things go for.
Thanks Edward - I'm more along the percentage lines with Stu - not quite that high. And yes - if you don't like to purchase on eBay totally respect that - especially if you have LCS that carries currency or you "know someone" like a pocket dealer. But, like you said to ignore it and not have it as one of the tools in your tool belt it probably is making harder. For me eBay is almost 80% about selection. I can go to 20 LCS and not find 10% of what is on eBay. That, to me, is worth any problems I have - which are few and far between.
Another great episode. Thanks for the tips. I give it my 4.12 cents! (everyone bids 2!!)
lol 🤣
Thanks Emanuel!
More than 90% of my collection was bought on ebay and I thoroughly enjoyed the detailed conversation on the platform I love (and sometimes complain about) 😊
Again, 4Kollector, greatly appreciate your feedback. You are one of my favorites currency channels - because your collection is so varied and interesting.
Another amazing round table! This one was filled with a lot of good information and tips. I do have to agree with Dustin about the con of eBay is not being able to have the note in hand when deciding to purchase it or not. Ive been burnt on a purchase cause of bad lighting/angles on a note one of the first times I’ve purchased a note from eBay, if I had it in hand at the time of my decision, I definitely wouldn’t have paid the price that I did! Can’t wait until the next round table
Great feedback and it can be tough especially if you are lucky enough to have the choice of two notes.
Love these roundtables !
Thank you sir and am finally having some free time.
Hello gentlemen! I love hearing your suggestions, thoughts, and tips! You have put together an amazing group of savvy individuals! Keep up the good work! Blessings always! ❤️✝️
Betty thanks so much and you are so very kind. I'm blessed that they let me be a part of the group. Many blessings back to you.
@@PolarCurrency Awww thank you!! Steve is the one who has gotten me interested in currency collecting. I’m a newby……..73 years old….and on a very limited income but Steve has been extremely kind to me & I appreciate all he does! ❤️✝️
@@bettyfeliciano7322 He really is a good guy. Glad that we have become friends through currency and TH-cam!
As always I enjoyed your conversation!! Great video one again!!!
Thanks for the kind words! Looking forward to your next "English" video - really appreciate those but I still watch your videos!
@@PolarCurrency Dear Dan! Thank you very much for your kind words too! From time to time I will definitely put some videos in English. Very soon my video will come out with my favorite Top 5 series in my collection. Would be great to hear your opinion!
I will say that I do love shopping on eBay and getting deals on the notes for my collection. Another great video looking forward to seeing the next Round Table video.😅
It is my top pick to buy notes,
Definitely need to do your research. So many things are overpriced. Also read the full description because sometimes there are important details there.
RNR - True, true and even more true. I make fun of him but Dustin is correct - the more you know.
Great show guys, enjoyed it. Keep up the great discussions.
Thanks! Will do!
i love these discussions. they are so insightful
Thanks! We just want to provide more paper currency content!
Great information from everyone. Thank you for sharing.
Thank You! Appreciate the support and comment.
Awesome video boys, love the group energy.
Thank you sir - we will keep on trucking.
Great roundtable and excellent tips. Can you add each of your ebay sellers sites that those on the panel sell notes from.
I'm going to let the other gents provide their information if they want to. I rarely sell but here is my eBay link: www.ebay.com/usr/polar-currency
Thanks for the information on this forum.
Thank you Timothy appreciate the comment and support as always.
Good job guys as usual!!!
Thanks Doug!
2nd time watching this video... Regarding seller feedback (number of sales). I will typically use that number as my MAX bid. So 300 sales = $300 max. I'm willing to buy lower cost items. But someone with 8 feedback selling an item for $1,500 is a risk I will let someone else take. I want the high dollar items to come from the most established/legit sellers.
Interesting bid style - and probably safe! I doubt I will ever buy anything again for over $1K on eBay. Too many times I have seen prices for far less.
Dang I made a long detailed feedback and it got deleted. Damn TH-cam
Well, thanks for trying!
lol oh well
Type it again! Haha
JK man, thanks for the view. Hope all is going well
Talking about eye appeal on a note. Using photoshop, the picture of a note can be “doctored “ so it looks cleaner, brighter, greener, bluer (tint) and most people can’t tell. If the note comes in and it isn’t the same as what I saw on eBay, is it returnable?
To my knowledge yes, if Seller offers a return policy - if no to that than you are out of luck. That's why for me it's a very rare day that I purchase without a return policy. Sidebar to your comment - yes pictures get manipulated. Stu made a great point in using "bad" light - I say good light to the point where you can see the note - not doctoring. Thanks for the comment and hope that helps?
First?!
Love the currency discussions guys!
Thank you!
View
Great!
RRB
Super!
Ebay biding (sniping)... I feel that in order to bid within the last MINUTE, you should have had to place a bid prior to that. I am not a fan of someone placing a bid with 1 second left with no ability to counter that bid. That's not how the "live auction" process is supposed to function, fundamentally speaking. If people had to bid earlier, it would disclose a certain level of interest and buyers could plan accordingly. Yes, people can still bid at the last second. But not without already declaring their interest in the item. It would make the process more fair for everyone. Give people a final chance to counter any bids up to that point. From a seller standpoint, it would likely lead to slightly higher prices in many cases. I equate sniping to a shady way of operating. It's a low class tactic. Like lifting money from a church offering plate or 'diving' for pocket change from a wishing fountain at the mall. Pretty sad and pathetic. Just bid what you are willing to pay. If someone else wants/values the item more, LET them have it. Sniping hurts the hobby by adding negative emotions to the auction buying process.
When I get outbid with 5 days left, I don't feel bad at all. 99x out of 100, I will not increase my bid. But when I'm leading for 9 days, and I get outbid with 1 second left, there is something about that outcome that doesn't feel right/legit. If someone walks into an auction hall...going once...going twice...they bid...that's fair. So if Ebay wants to allow bids with 1 second left, then they should *EXTEND* the time for anyone who is leading in the last minute to counter. Again, 99x out of 100, I will not bid more. But sometimes you take a 2nd look for a special item, and it's worth a bit of a stretch. And the process should be right/fair for ALL parties -- including the SELLER. They deserve the highest price from whatever the winning bid is. Not an item going up +300% in the last 5 seconds from an artificially low level via shady bidding.
Appreciate both your comments regarding eBay. That is an issue with ALL web based/internet auctions. So it's not just eBay. I don't know how you can get around not having the clock tick down to serve as the gavel. And why would anyone have to bid earlier to disclose a certain level of interest? It's my right to wait until the last second and keep my interests private, or in the case of a live auction before the gavel falls. I can't disagree that snipers are bad for business but is having two people competing to the end any different - one outbidding the other? This goes back to web/internet auctions. I don't have the answers just the statement no system is perfect. There always is the the Buy It Now offerings - you don't have to bid on anything. How it is listed on eBay is entirely up to the seller - not eBay.
Contrary to popular belief, eBay is not a true auction. eBay sells items to the highest bidder for a price just above the second highest bid. If you bid what you are willing to pay, that doesn’t mean you pay that amount. If you bid less than you are willing to pay, you have no one to blame but yourself when you get sniped. Even with just seconds left, I still bid what I’m willing to pay. Successful sniping means someone was trying to be cheap even when they were willing to pay more. I guess the lesson is don’t be cheap.
@@PolarCurrency For example, Great Collections shows the number of people following a listing. So you can in theory factor that in and have a high enough max bid to account for the likely last minute bids. True, there are no guarantees. It's about the general level of fairness. For Ebay Live streaming auctions, the time gets extended to allow a few seconds for a counter bid. Those are the kind of concepts I'm talking about.
@@champstar9669 Good information thanks - I do check out Great Collections on a regular basis.
Ebay's feedback rating is a scam. For example, say you are buying...a pair of shoes. And the seller sends you an empty box. You post negative feedback. Ask Ebay to step in to make things right. Ebay contacts the seller. They issue a refund. The kicker is, Ebay then automatically *REMOVES* the negative feedback since the seller ultimately "made things right." That's how a shady seller can easily maintain a 100% feedback rating.
No arguments from me on this have you contacted eBay about this?
@@PolarCurrency Yes. Their position is that as long as the seller issues a refund, then it's the same thing as them doing business on the up and up. Obviously they want as many sellers to have high feedback as possible. So they are incentivized to distort the feedback ratings to make their site/platform appear more legit. That being said, 95% of sellers are legit. I later found that there *IS* a way to make the feedback stick, but it involves a specific set of steps that only the most informed reps know how to navigate.
@@champstar9669 Thanks!
Denly’s web site is garbage
Now you know why I showed it...