End of an eBay Era

[Spark268]

the £1 fee promotion is great but they only give it to people who don't sell often. The 13% fees are too high when it comes to bullion.

[GrahamDiamond]

Manage payments will include Coins Soon, No More Paypal Fees. This looks a lot better to me, payments to your Bank Account from E Bay, you will get a E Mail once E Bay are ready to place you on the NEW System. Coins will be added this Month so no problems selling coins, Bonus of NO Paypal fees, All good Coinsters !

 

[Pipers]

I sometimes sell on Ebay.  I mean about 2 times a year.  Does that include me? 

[Bullionaire]

On 03/03/2021 at 23:33, Shinus73 said:

I’m now unable to buy from Europe at a price that makes it viable and unable to sell what I already have, thanks to eBay’s new rules relating to managed payments, which essentially means only business sellers can sell coins or bullion.

I'll be very disappointed if this is true. I used to sell on ebay. Made a few sales, then PayPal banned my account over a year ago (they refused to tell me why. I still haven't got the money back from my paypal account) and so I had to stop.

 

I thought that as managed payments were coming, I'd patiently wait for that, then start selling bullion coins again... and now this... It does seem like the universe doesnt want my little side gig to succeed!

 

I haven't had any info about moving to managed payments from eBay though.

[SidS]

On 04/03/2021 at 08:22, Shinus73 said:

I'm more disappointed that I will no longer be able to spend an hour every evening hunting for junk silver bargains, not fashionable collectables, because they won't be there.

Snap! I love scouring through the junk cupro-nickel lots to find cheap, rubbish coins where there's a handful of silver mixed in that the seller has no idea about.

Around 2003, I found a bulk lot of 'spare change' listed, loads of quarters, dimes and cents. A whole pile full, I saw what looked like a silver quarter in the pile, so I PM-ed the seller and asked if there were any pre-65 coins in it, the response was a fair few. So I purchased it.

Searching through the rubble when it arrived, I found dozens of silver quarters and dimes, it was a super haul!

I guess I like the thrill of the chase more than the actual acquiring! eBay has been brilliant for that over the years, but you've got to find sellers who don't know what they've got to succeed!

If they're all registered businesses then its end of the hunt and just pay over the odds, not much joy to be had there.