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Who's reading this wrong...

camarotoolman

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Joined
Mar 12, 2011
Messages
2,372
Location
cocoa Fl.
with the Buyer Protection Plan, the seller is always wrong. So buy what you want, if you don't like it the seller has to eat it. Thats why alot of people don't sell on ebay, they got tired of being scamed by the buyers. You sell a purfact item, buyer says its cranked, you get cracked item back, etc.
 
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WRX/Z28

Well-known member
Joined
Jun 27, 2011
Messages
690
Location
Roebling, NJ
But the image shows a box vs. a coupon.

It's a violation to show an image that's non representative of the actual item. I can guarantee you that Paypal will side with the buyer and the seller will likely get a negative FB.

There's nothing wrong with selling coupons. All the seller has to do is show an image of the coupon.

Like this example:
http://www.ebay.com/itm/Harbor-Freight-Coupon-10-Sliding-Compound-Miter-Saw-/120848757793?_trksid=p4340.m185&_trkparms=algo%3DSIC.NPJS%26its%3DI%252BC%26itu%3DUA%26otn%3D5%26pmod%3D180805608348%26ps%3D63%26clkid%3D5977240226026539656

Half the time the coupon has a big picture of the item anyway. That could be a zoomed in pic from the coupon itself. The reason they don't show the coupon itself is that then the buyer will just print the picture.

My problem with selling coupon's is that they have no monitary value. They are not even a tangible item.
 

porphyre

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Joined
Sep 2, 2009
Messages
1,321
My problem with selling coupon's is that they have no monitary value. They are not even a tangible item.

There's a new guy on here that will try to convince you the value of the coupon is equal to the amount saved on the item.... :lol_hitti
 
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rsieracki

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Joined
Mar 3, 2010
Messages
1,679
Location
Chicagoland Area
That's a very interesting auction...

10lbs of pre-81 pennies. Starting bid, $25.99.

Those pennies are bronze.... 95% copper.

Wiki says a roll of those pennies weighs 5.4 oz. 10lbs is 160 oz, so you should expect basically 29.5 rolls of pennies. There's 50 pennies in a roll, so that's $14.75.

Commodity price of copper is about $3.80 (yeah, I know it's completely different than market price) so 10 lbs is $38 * .95% copper content, $36 bucks.

Shipper is shipping free, which is, what $3.75 for a flat rate box? So shipper's cost is $18.50 + handling.

Assume the package sells for $26. Shipper makes $7-8. Buyer makes $10....

Of course... melting coins is illegal and you'd never find somebody to pay you $3.80/lb for pennies... :lol_hitti

I love trying to work through "deals" like this to their logical conclusions. It's almost like a betting system. It looks like it'll work... but then it never does!

nice math... notice i highlighed the "hi-lights" of your word problem:shocking:

the way i see it is the seller make 7-8 dollars for his time to sort and collect apx 1475 pennys that are pre 81'... the buyer gets a small FRB of pennys hes going to try and sell for scrap that almost no scrap place will buy as melting us coins is a federal offense... so he'll realise his 'get rich quick scheme" is foolish and ill planned... the seller isnt at fault, all he's selling is a box of pennys.:lol_hitti
 

Givl Reggin

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Joined
Oct 11, 2008
Messages
936
Location
Hawaii, USA
Re: whos reading this wrong...

...Those pennies are bronze.... 95% copper...

You seems to know about coins/metals... I wonder if you know anything about the Kennedy Half-Dollar?

The reason I ask is that my father would purchase $100 of those each week since they were issued until they changed to a copper-clad version... I don't know how long, but I can tell you I have probably about 15,000 coins! Just the other week I was moving them out of the closet and wonder what, if any, value they had over face-value?
 

porphyre

Banned
Joined
Sep 2, 2009
Messages
1,321
Re: whos reading this wrong...

You seems to know about coins/metals... I wonder if you know anything about the Kennedy Half-Dollar?

The reason I ask is that my father would purchase $100 of those each week since they were issued until they changed to a copper-clad version... I don't know how long, but I can tell you I have probably about 15,000 coins! Just the other week I was moving them out of the closet and wonder what, if any, value they had over face-value?

I stayed in Holiday Inn Express last night. :lol_hitti

Google and Ebay come back with about $10 for a 1964 coin...

http://en.wikipedia.org/wiki/Kennedy_half_dollar
http://www.coinflation.com/coins/1964-Silver-Kennedy-Half-Dollar-Value.html
http://www.ebay.com/sch/items/?_nkw...udhi=&_sop=12&_fpos=&_fspt=1&_sadis=&LH_CAds=


I couldn't imagine dealing with 15,000 coins, though. Considering your island location, you'd probably flood your market pretty quick.
 
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