Personally don't understand why people pay the premiums on new proofs. Unless they become extremely sort after and get promoted in some way, in 20 years, they will be just worth spot along with basic brits. Sometimes harder to sell than a basic brit. Meanwhile the new 2044 coins get sold for spot + huge premium.
What is the 80% discount on eBay final value fees? Is that a UK thing? I’ve never gotten any discounts from eBay in the 20+ years I’ve been selling on the platform.
The only silver I have sold are my poured and cast silver pieces.I have just started to pour for my own stack as I have very few pieces of my own. Thousands of ounces have passed through my torch and cup. As your furnase has seen. How many pieces have you tucked away My friend ?
I get those 80% off FVF offers too in my eBay shop. A handy tip: pre-list some placeholder Buy It Nows for future sales. You can edit the description & details for specific sales later, and they last a month each anyway. (You might be able to convert those to auctions later, preserving the 80% FVF, but I'm not sure)
From watching another youtube channel who also does bullion reselling, gets people excited at the prospect of reselling for some extra cash, tried it a little bit doesn't work out very well. Now whenever I buy collector bullion products I just assume I'm never going to get the premium back in a future sale, and make the value judgement up front if it's something I really want to have for a collection price be damned. The U.S. I don't think does FVF discount promotions, we pay full price every time, everything needs like at least a minimum 20% premium just to break even. Best tip for auctions make sure it doesn't end overnight or super early morning, alternatively those are the best auctions to track to buy and can snag some good discounts
I only list buy it now too many times auctions end and the buyer decides he doesn’t want to pay for it and that’s a week wasted and another week until you get an 80% off but the plus side of auctions is you can get a better price as bidders get competitive and Fomo kicks in
@@BackyardBullion you're welcome haha I just love how the emojis can apply to the conversation because eBay basically started out as a pyramid in a way right? And now it's a roll of the dice
Thanks for sharing the info about the eBay final value fee calculator. Great to know!
Glad it was helpful!
Thank you. I had no idea I could access such a simple eBay final value fee calculator. Will save time and make pricing far simpler. Excellent.
Personally don't understand why people pay the premiums on new proofs. Unless they become extremely sort after and get promoted in some way, in 20 years, they will be just worth spot along with basic brits. Sometimes harder to sell than a basic brit. Meanwhile the new 2044 coins get sold for spot + huge premium.
What is the 80% discount on eBay final value fees? Is that a UK thing? I’ve never gotten any discounts from eBay in the 20+ years I’ve been selling on the platform.
Great info BYB thanks
Good luck with the auction
Cancelling the Monarchs set just means they will be uber rare and worth more in the future. I wouldn't be too upset.
The only silver I have sold are my poured and cast silver pieces.I have just started to pour for my own stack as I have very few pieces of my own. Thousands of ounces have passed through my torch and cup. As your furnase has seen. How many pieces have you tucked away My friend ?
I get those 80% off FVF offers too in my eBay shop.
A handy tip: pre-list some placeholder Buy It Nows for future sales. You can edit the description & details for specific sales later, and they last a month each anyway.
(You might be able to convert those to auctions later, preserving the 80% FVF, but I'm not sure)
From watching another youtube channel who also does bullion reselling, gets people excited at the prospect of reselling for some extra cash, tried it a little bit doesn't work out very well. Now whenever I buy collector bullion products I just assume I'm never going to get the premium back in a future sale, and make the value judgement up front if it's something I really want to have for a collection price be damned. The U.S. I don't think does FVF discount promotions, we pay full price every time, everything needs like at least a minimum 20% premium just to break even. Best tip for auctions make sure it doesn't end overnight or super early morning, alternatively those are the best auctions to track to buy and can snag some good discounts
I only list buy it now too many times auctions end and the buyer decides he doesn’t want to pay for it and that’s a week wasted and another week until you get an 80% off but the plus side of auctions is you can get a better price as bidders get competitive and Fomo kicks in
I can't find your ebay page
www.ebay.co.uk/usr/backyardbullion
BYB are your 2oz silver proof coins up for sale yet? I'm looking to buy but most sellers are asking close to £200 for each
Not yet, I am going to put them up for auction in a few weeks.
You may want to head over too The Silver Forum. I believe there's a few.
Thanks my friend!
@@BackyardBullion you're welcome haha I just love how the emojis can apply to the conversation because eBay basically started out as a pyramid in a way right? And now it's a roll of the dice