Insurance is great in case of an emergency that could lead to a returned product. Clear pictures and descriptions go a long way toward customer satisfaction. (Pro tip: buy a low-end black-and-white laser printer. The reason is customer protection. Yes. Show off scratches, discolorations, and other signs of damage. They also limit the value and number of listings for new sellers. Coins & Paper Money > Bullion: First 250 listings free per month, then $0.35 per listing: 7% if total amount of the sale is over $7,500 (calculated per item) . After you've used your zero insertion fee allowance, insertion fees are: Good 'Til Cancelled listings are fixed price listings that renew automatically once per calendar month. To support that goal, it adjusts selling fees from time to time. 2.5% of the sale amount over $4,000. PayPal fees are 3.4% + $0.49 of the total selling price, including the sales tax. PayPal fees for domestic sales are 2.9% + 0.30 of the total selling price. Do you have an eBay Store or want to sell vehicles? Alternatively, go to. Selling fees Fees for selling a vehicle on eBay Motors Store subscription fees When you open an eBay Store you'll choose a Store package: Starter, Basic, Premium, Anchor, or Enterprise. The total amount of the sale is $10,070 (includes 6% sales tax). Payments and fees Subscriptions and fees Whether you're a business or a casual seller, you can choose a Store subscription that has the right tools and benefits that'll help you grow your sales. You may be charged final value fees if you violate our policy of buying or selling outside of eBay, or we may apply additional final value fees if you are not meeting our performance expectations. Buyers look for accurate descriptions to ensure the coin isnt counterfeit. As a seller, you get to list up to 50 items per month for free. eBay charges a fee 12.55% plus .30 insertion fee. eBay adds customs forms, handles any other paperwork, and sends the package to the international buyer, all without your involvement. The main charge comes from the closing fee, since eBay takes a commission of 10% off of whatever you sell. For example, sellers with a Basic and above eBay Store who sell in the Home & Garden category will see an increase from 11.7% to 12.0% . An unusual way to complete a transaction is by requesting payment on pickup. At some point, you may sell enough to justify paying for an eBay store. When the item sells on eBay.de, eBay will calculate your payout amount by converting the sales proceeds from EUR to USD using the transaction exchange rate applicable at the time of the sale. If youre selling a vehicle (excluding parts & accessories), please refer to our US Motors Calculator. The International selling fee on ebay.de remains 3%. With PayPal: PP 2.9% + .30c eBay 10 % Total 12.90% + .30c With MP PP 0 - Not involved anymore. Insertion fees. We may, in our sole discretion and without consent from or payment to sellers, display third-party advertisements (including links and references thereto) and listings from other sellers on any eBay page, Depending on the tax legislation of your country of residency, local Value Added Tax (VAT), Goods and Services Tax (GST) or similar consumption tax might apply in addition to your eBay fees. Basic fees for most categories. Category exclusions apply. To attract the attention of more buyers, you add the Bold listing upgrade. Fixed price listings are very safe, so consider using them for valuable coins you dont want to negotiate on. To attract the attention of more buyers, you add the Bold listing upgrade. Do you have an eBay Store or want to sell vehicles? Learn more Payments and earnings eBay is managing payments so that sellers have one place to sell and get paid, and buyers have more options to pay with. Well done Jeffrey you must be proud, give yourself a pat on the back. If you are found responsible for a disputed amount as per eBay policies (e.g., chargeback), we charge a $20.00 dispute fee, excluding sales tax, for each dispute. Learn more about how zero insertion fee listings work, including the terms and exclusions for those listings. Final value fee (13.25% of $7,500, + 2.35% of $2,570, + $0.30). Here's the breakdown of current eBay store subscription fees: Starter (or occasional sellers): From $4.95 per month Basic (for growing businesses): From $21.95 per month Premium ( for large businesses): From $59.95 per month Anchor (for high volume sellers): From $59.95 per month Enterprise (for only the biggest brands): $2999.95 per month 2. Special duration. We Quote Our Buyback Partner will make an offer and lock in the price when you accept. Depending on your store level, eBay's final value fee is 2.5-14.95%. Between researching, pricing, photographing, listing, and shipping, a typical sale takes 45 to 60 minutes. This could become a problem if you plan on listing more than 50 coins a month. All News, Articles, Commentary and Opinions are contributed by the author(s), with or without compensation, who are solely responsible for the content, and do not represent CoinWeek Management. eBay's transaction exchange rate is composed of a base exchange rate plus a conversion charge. This could be because your price is too high, nobody saw the listing, or a number of other reasons. In case a buyer lives near you, you could deliver the coin to them. You have to pay the listing fee even when a coin doesnt sell. PayPal takes 3.4% + $0.49 for domestic sales and 4.99% + a fixed fee based on the currency for international transactions. Let's say I have a Walking Liberty half dollar on eBay and I am selling it for $13. Sign up for wikiHow's weekly email newsletter. Take clear pictures in decent lighting. We charge one final value fee when your item sells, and you don't have to worry about third-party payment processing fees. If your registered address is not in the US, please refer to the fee page for your country or region of residence for your seller currency conversion charge information. eBay fee excludes sales tax, but PayPal and Managed Payments fee includes sales tax. Sometimes coins get less attention than you expect, and sometimes a fierce bidding war drives the price up more than you expect. Insertion fee. If you open a construction company or a law practice or a restaurant, you will have occasional customer issues. So, if you, Charged for the original listing and each time you choose to relist your item, Charged per listing if you create duplicate auction-style listings for identical items. Auctions are a gamble. The total amount of the sale is $10,070 (includes 6% sales tax). Most Coins & Paper Money categories, except Bullion: Bullion; 7% if total amount of the sale is $1,500 or less, calculated per item . . Selling coins on eBay is not difficult. If you need to refund the buyer or cancel the sale, you may be eligible for fee credits as per our fee credits policy. Some areas also have a sales tax, which is collected automatically when a buyer pays for your coins. Final value fee. Total w/eBay 12.35% + .30c In Coins & Paper Money So you're actually paying a little less. If you are found responsible for a disputed amount as per eBay policies (e.g., chargeback), we charge a $20.00 dispute fee, excluding sales tax, for each dispute. Zoins Posts: 32,917 May 23, 2020 2:24PM @jdimmick said: Taking pictures on a phone is fine, but consider borrowing a decent camera. Read more about, 13.25% on total amount of the sale up to $7,500 calculated per item, 2.35% on the portion of the sale over $7,500, 14.95% on total amount of the sale up to $7,500 calculated per item, 13.25% if total amount of the sale is $7,500 or less, calculated per item, 7% if total amount of the sale is over $7,500, calculated per item, 15% if total amount of the sale is $2,000 or less, calculated per item, 9% if total amount of the sale is over $2,000, calculated per item, 15% if total amount of the sale is $5,000 or less, calculated per item, 9% if total amount of the sale is over $5,000, calculated per item, 15% on total amount of the sale up to $1,000 calculated per item, 6.5% on the portion of the sale over $1,000 up to $7,500 calculated per item, 3% on the portion of the sale over $7,500, 3% on total amount of the sale up to $15,000 calculated per item, 0.5% on the portion of the sale over $15,000, 6.35% on total amount of the sale up to $7,500 calculated per item, 8% if total amount of the sale is $150 or more. You will need to sign up using your name and email address so you can keep track of your listings. You've already used your allocation of zero insertion fee listings this month, and your seller account is meeting our performance expectations at the time your item sells. Sell on eBay for Free. How to choose an eBay Store package. We may, in our sole discretion and without consent from or payment to sellers, display third-party advertisements (including links and references thereto) and listings from other sellers on any eBay page, Depending on the tax legislation of your country of residency, local Value Added Tax (VAT), Goods and Services Tax (GST) or similar consumption tax might apply in addition to your eBay fees. If you choose to link your PayPal account, you must click Continue to PayPal to login to your account and follow the on-screen instructions to link the payment account with eBay. If done well, you will get more money for your coins on eBay than if you sell them at the local coin store. I advise them to start selling only after they become familiar with the platform through buying. We charge two main types of selling fees: an insertion fee when you create a listing, and a final value fee when your item sells. Auctions are useful since you can set the price low and watch people bid it back up. eBay's transaction exchange rate is composed of a base exchange rate plus a conversion charge. Although I mostly trade in affordable items, I have bought and sold $1,000+ notes and coins on eBay. For international transaction, PayPal charge 4.99% + $0.49. Include your email address to get a message when this question is answered. You're selling the latest version of a smartphone in used condition using a 10-day duration. Each state charges a different sales tax which might also apply to your shipping & handling charges (yes, its very confusing). If youre selling a service, please refer to eBays fees for Classified Ads. However, you can relist a coin that doesnt sell. To save money on shipping material, purchase envelopes and bubble wrap from shipping or office supply stores. Sales tax is collected on top of your sold price and will not affect your profit. Check out the eBay website to understand the requirements. The final value fee is calculated as a percentage of the total sale amount per item (item price + postage and handling charges), plus a fixed charge of $0.33 per order. eBay managed payments Taxjar has a pretty good table to explain all these. Keep in mind that coins dont always sell for as much as you would hope. If eBay converts your funds, the conversion will be completed at the transaction exchange rate we set for the relevant currency exchange. Fees and selling costs may include, but are not limited to: eBay fees, including insertion fees, optional listing upgrade fees, final value fees, international fees, ad fees, and other fees Postage labels Store subscriptions eBay Money Back Guarantee refunds Payment dispute refunds Follow the links below for specific fee amounts: Selling fees The amount you pay depends on the listing package you choose Basic, Premium, or Plus. Find many great new & used options and get the best deals for Coins at the best online prices at eBay! Another way to get accustomed to selling is by searching auctions for similar coins. do I send the coin to be graded before I tried of selling it or do I just put it on ebay for sell ? Accepted Solutions (1) 06-22-2018 05:03 PM. Its as easy as setting up an account, then listing your coins for sale. For mid-range coins up to about $200, try selecting a standard economy shipping with the post office or another carrier. One of the most common arguments is that it is super expensive to sell on eBay. Starting in November 2019, eBay started collecting sales tax for all domestic sales, and it varies from state to state. The amount we charge depends on the item's price, the format and category you choose for your listing, any optional listing upgrades you add, and your seller conduct and performance. Set up an eBay Seller account Set up a PayPal account to receive payments Create your eBay listings Experts at eBay and PayPal have created these easy-to-follow step-by-step articles that will guide you through the process of how to become a first-rate eBay seller and verified PayPal member. If you're in China, Hong Kong, Indonesia, Israel, Japan, Macau, Malaysia, Philippines, Singapore, Taiwan, Thailand, or Vietnam and your item isn't located in the US, the total amount of the sale is always calculated based on the shipping option your buyer chooses. Consider what other activity you are willing to give up to get the time to sell. That way you don't have to worry about any changes in the market price. Car & Truck Safety & Security Accessories, - See: Notes for Good Til Cancelled listings, Fees for selling a vehicle on eBay Motors, fee page for your country or region of residence, Commercial, Residential, and Other Real Estate, Auction-style listings 1, 3, 5, 7 and 10-day duration, Fixed price listings Good 'Til Cancelled, Charged per listing and per category. If you use the Classified Ad format, scheduling a listing will cost $0.10. The rating system includes the accuracy of the item description, how good the communication was, how quickly the item was received, and how reasonable the cost was. The low cost per print compared to inkjet pays for itself.). By default, eBay grants you a certain number of free listings per month, up to 250 zero-fee listings for basic sellers and 1,000 or more for those with eBay storefronts . For more information on PayPal fees, check out the PayPal website. If you list more than 250 items per month, you'll start paying a $0.35 insertion fee per listing. eBay charges different fees, such as listing an item or having a store. If you list your item in multiple categories, you'll pay the higher category final value fee. You make $343.17, or approximately 86% of the sale price, not including shipping costs. Making an account is simple. You could also charge a little extra for your coins to cover the shipping fee. For international transaction, PayPal charge 4.99% + $0.49. eBay only requires that you: I spoke with an eBay representative at a recent Long Beach Coin Expo who, wanting to know how to help his customers, asked what kept me from selling even more. The most common fee is the final value fee. For example, if your registered address is in the US and you create a listing on eBay.de for which fees are due (such as insertion and/or optional listing upgrade fees), eBay will convert your funds from USD to EUR using the transaction exchange rate applicable at the time of listing, in order to collect these fees. Follow. You can add up to 24 photos with zoom and enlarge, as well as schedule your listings to start and end at a future date and time, free of charge. My wife and I have been a collector of "stuff" for years and used to have my own brick and mortar collectible shop. Since the sales tax is constantly changing and varies from state to state, we just list an optional Sales Tax field above, which you can input any percentage that applies to you. Tip document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. 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