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3 Silver Life Saving Medals just listed on eBay!


MMcollector
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I read the auctions.

 

The payment methods listed after the description / text body are kinda screwy ?

 

I am pretty familiar with eBay and I thought auctions are PayPal only - no exceptions ??

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I read the auctions.

 

The payment methods listed after the description / text body are kinda screwy ?

 

I am pretty familiar with eBay and I thought auctions are PayPal only - no exceptions ??

 

No, this is for a live auction. In this case, the bidding and payments are done via the auction house.

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No, this is for a live auction. In this case, the bidding and payments are done via the auction house.

 

Thanks for the explanation.

 

I guess I don't know as much about eBay as I thought.

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Be sure not to overlook the fine print - Up to 30% applied to winning bid.

 

 

Whenever I see crazy premiums like this, I just factor them into my bid and the final price I want to be into the item at. if I win, great. If not, no biggie. Large premiums normally just equal the consigner getting less money.

 

JD

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Ebay used to do live auctions in the past in conjunction with other auction houses and are bringing the practice back.

 

If I remember right, the premium was less if you bid through the auction house than through Ebay. I don't know if that is still true.

 

Kurt

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These online "live" auctions have a steroid-healthy profit margin, with a total 50% commission on the sales price of the item, and scant overhead. A realtor's typical 3% (unless they double-end) seems paltry (charitable) by comparison. From a buyer's point of view, hard to knock Ebay with zero "buyer's premium" (aka, no house cut of what you buy) and often no sales tax and increasingly free shipping and ever-expanding "buyer protection". No, I don't have stock in Ebay and this is not a sales plug for Ebay, but zero compared to a 25% poke in the eye is a contrast. You really have to factor in that 25% as a buyer in determing what it's worth to you when you bid on high ticket items such as this. If this medal goes for $2500, the buyer will be paying over $3100 for it.

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And all three sold.

 

One for $2600 (one bid)

One for $2500 (two bids)

One for $1400 (one bid)

I think all 3 prices are good for the condition and period of each award. The commission is the long pole, but IMP pound for pound if I had the cabbage, I'd have bid.

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