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7 Tips For Selling Expensive Collectibles On Ebay
ecently, a friend asked me because you don't have to sell
to help her brother sell unless the bidding reaches $1000,
his collection on Lladro but the low price attracts
glass figurines on eBay. These buyers, (assuming there is
are expensive glass collectibles demand, of course).
and I knew nothing about them -
but I don't have to. The Looking at completed eBay
principles for selling expensive auctions allows us to track
collectibles on eBay are the prices, Again and again we learn
same, regardless of what is being that starting the price where the
sold. seller hopes it will end is not a
wise tactic.
Obviously, like any eBay auction,
the seller must have a powerful For instance, a seller wants to
listing with great pictures. This get $750 for his figurine. An
is always true regardless of what opening bid of $750 won't attract
the merchandise is. Expensive nearly as many buyers as an
collectibles offer splendid opening bid of $25 and -
opportunities, but also need surprisingly - the lower bid
special precautions. almost always gets higher prices.
There is some psychology at work
1. Price: decide the lowest with the cheap price. It may not
amount you will accept for each make logical sense, but it's the
figurine and set that price as a reality of life on eBay.
reserve. Then make your opening
bid absurdly low - yes, absurdly. 2. Devote space in your auction
listing explaining how you will
Example: if you will accept pack your item to ensure safe
$1,000 - make your opening bid transit. This is critically
$25. There is no risk in this, important because in the back of
every buyer's mind is the dread anything you can do to prove the
of receiving a package that authenticity of your collectible
rattles. A collectibles buyer is well worth your time. Is there
will inevitably be thinking of a marking on the bottom? Do you
the hassle she will have to go have the original box or other
through - and the possible loss container? Does it have a label?
of purchase price - if her item Is there a certificate of
is broken. She needs to know that authenticity or an appraisal by a
the seller has carefully respected organization? If the
considered this issue and has a answer to any of these is "yes",
solution. then be certain to emphasize your
authenticity in your auction.
3. For the protection of both of Taking pictures of your proof is
you, insist that the buyer pay especially effective.
for appropriate insurance. Don't
allow this to be an option. You 5. I don't suggest offering a
definitely do not want the guarantee except in the most
liability of a broken collectible general way - that is, you, the
that costs hundreds of dollars. seller, are telling the truth
In fact, if a customer objects to about the product. Anyone bidding
paying for insurance, this might on a collectible is knowledgeable
possibly be a red flag. A genuine and therefore they know what
collector is very eager to add to they're buying so there should be
her collection and wants her no reason for a return. If
figurine to be protected. someone expresses dissatisfaction
and mails your merchandise back,
4. We can safely assume that there is every likelihood of it
every Internet buyer has heard being broken. You do not want the
stories of fraud on eBay and hassle of trying to collect on
elsewhere on the Net. Therefore, broken merchandise or putting
yourself into a litigious (Address Verification System)
situation with someone who which offers some protection. A
refuses to believe that the very large portion of the fraud
collectible was broken via return suffered by buyers occurs outside
shipping. the United States and you are
justified in protecting yourself.
Also, you don't want to take a Losing the purchase price on a $5
loss on your eBay fees, which item isn't such a big deal - but
might be substantial if the price a $1,000 collectible absolutely
is high. does matter.
6. With a really expensive item, Your bank can advise you on the
always offer the option of an time it will take to verify
escrow service - at the buyer's foreign funds. Be certain to let
expense, of course. They may not any prospective buyer know in
take want this service, but make your auction that there will be a
certain they have the option. delay if they are outside of your
You, of course, know that your country. Do not let your
merchandise is legitimate, but merchandise out of your hands
the buyer isn't so certain. eBay until you are sure!
recommends an escrow service that
is available to all members. If you follow these 'rules', the
chances of selling your expensive
7. If you're willing to ship collectibles at the highest
worldwide, you need to take possible prices will be greatly
special steps to protect increased.
yourself. In the US we have AVS
About the Author:
Learn how to sell on eBay with 16 hours of online instruction taught by a 10 year eBay veteran. Own an eBay business instead of an eBay hobby. http://auction-genius-course.com
Read more articles by: Sydney Johnston
Article Source: www.iSnare.com
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