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Poe

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Posts posted by Poe

    Best Venue For Selling Expensive Books?

    in Comics General

    Posted

    9 hours ago, mycomicshop said:

    The info in the table is based on these terms:

    • MyComicShop auction 8% seller's commission, commission amount capped at $1000, 3% buyer's premium waived to 0% for payment methods used in this price range
    • ComicLink auction 10% seller's commission, ~3% buyer's premium waived to 0% for payment methods used in this price range
    • ComicConnect auction 10% seller's commission no buyer's premium, potential 3% payment fee to consignor depending on how the buyer pays, but usually 0% for sales in this range
    • Heritage auction 15% seller's commission, 20% buyer's premium
    • Large enough consignments can negotiate better terms with Heritage. It's a range depending on what you're able to negotiate. This example shows what it looks like if they agree to waive the seller's commission to 0% and tell you they'll pay you 105% of the hammer price, which is accomplished by taking a quarter of the 20% buyer's premium, 5%, and paying it to the seller.

    I think this info is accurate, but please let me know if I've got anything wrong. The seller payouts for Heritage are calculated as: amount paid by buyer / 1.2 * 0.85 for standard Heritage rates (equals 29.2% of what the buyer pays), and amount paid by buyer / 1.2 * 1.05 for the negotiated rate example (equals 12.5%).

    image.thumb.png.13a6faa6cf7173cb29f7194c1bb4f509.png

    More options:

    • Consign with well respected dealers mentioned in this thread like Bob Storms or Greg Reece for 10% or less for higher value items.
    • If you're comfortable with the idea of selling a high value item on eBay, shipping it, and dealing with buyer concerns/returns, then you can get an eBay store account to cap your final value fees at $750. Caps at $350 or $250 are also available for more expensive store tiers, but those may not make financial sense unless you're selling a high volume on an ongoing basis.
    • MyComicShop buy it now consignment rates are almost exactly the same as the auction rate for items in this price range, only difference is our BIN rate is 10% on first $300 and 8% past $300. So if you prefer BIN to auction you can do so for essentially the same rate as shown in the table, 8% capped at $1000.
    • Heritage has a newer buy it now type option for 10% on sales $250-$5K, 9% $5K-10K, 8% $10K-25K, etc. Haven't heard much about that yet, not sure what seller experiences are with it.

     

    Wow.  Thanks.  That is fantastic info.  

    Best Venue For Selling Expensive Books?

    in Comics General

    Posted

     

    With the recent run up in values I'm considering letting some books go.  Thing is I have never sold such expensive items before.  I was hoping you all would help me out and give an opinion on who you use and trust for books with values ranging between $7,000 and $15,000.   

    What shipping service do you all use to mail items like this out?  Not sure if it has changed or not but I believe the max you could insure for via USPS was $5,000.  

    Any info and tips would be greatly appreciated.

    EBAY: BLOCKED USER LIST

    in Comics General

    Posted

    17 hours ago, UncleBEN said:

    I really did not want to post this

     

    But this guy is one to be careful with

     

    https://www.ebay.com/itm/Amazing-Spiderman-20-FIRST-SCORPION-CGC-9-4-OFF-WHITE-TO-WHITE/254770038960?ssPageName=STRK%3AMEBIDX%3AIT&_trksid=p2060353.m1438.l2649

    Long story short , I sold him this copy a few months ago that I originally purchased from Bob Storms 

    Before it was received he initiated a chargeback, and upon delivery redirected it to his neighbors house, and tried to claim non receipt

    After months of the CC company holding my money they sided in my favor and now miraculously the book has appeared.

    I know many collectors on this board that might be looking for a copy like this but I would recommend extreme caution with this guy.

    Just my .02, I don't want anyone else to be defrauded by Frank Justiniano (Daddyyankee1970)

    Thanks for listening I hope this serves as a PSA and thats all.

     
    •  

    Thanks.  Blocked.

    Ebay Managed Payment System

    in Comics General

    Posted

    7 hours ago, Lightning55 said:

    I copied the text from the email:

    Managed payments is the new way to sell and get paid on eBay, providing sellers one place to sell and get paid, and buyers more ways to pay. eBay will manage payments for most sellers in 2020, and your account, magiclamp1, will be activated for managed payments starting late July. To ensure you are ready in advance of the change and that there are no interruptions to your business, you will need to register by July 15, 2020.

    Please click here to register for managed payments by July 15, 2020.

    Here’s what you need to know about managed payments:

    • More ways for buyers to pay: Buyers can pay with credit, debit and gift cards, PayPal, PayPal Credit, Apple Pay or Google Pay.
    • One place to sell and get paid: You can access everything you need to sell and get paid, all on eBay, including a single source for fees, customized reports, refunds, simplified protections, tax documentation, and dedicated support.
    • Streamlined operations:
    ○ Easily ship to international buyers with our Global Shipping Program (GSP).
    ○ Integrations with top bookkeeping solutions such as GoDaddy, Xero, Quickbooks, and other platforms.
    ○ Payouts consistently available within two business days of an order confirmation, and deposited to your bank account weekly or daily as soon as funds are available.
    • Simplified fees:
    ○ Once activated for managed payments starting late July, you will pay only one final value fee1, consisting of a category-based percentage of the total amount of the sale, plus a $0.30 fixed fee per order, with no third-party payments processing fees (such as to PayPal).
    ○ Your final value fees will be automatically deducted from your sales proceeds, and the rest paid out to your bank account.
    ○ Most sellers can expect to see overall savings2. For full fee details, click here.
    • Registration is easy. You can register in a few simple steps, including verifying your business information and providing a bank account.


    You are required to register for managed payments by July 15, 2020.
    To ensure that your sales continue uninterrupted, and no restrictions are applied to your account, please be sure to register before your account is activated starting late July. Nothing will change on your account or how you manage your business on eBay until your account is activated for managed payments starting late July 2020. We will ensure you have access to all the detailed information you may need to be prepared before activation and you will be notified of your activation date well in advance.

    Please click here to register for managed payments by July 15, 2020.

    For more information and frequently asked questions and answers on managed payments, please visit the eBay Seller Center. We’ll keep adding information, so remember to bookmark this page. You can find details about the registration process in the Help Hub here. If you still have questions, you can request a call from one of our Payments team members there.

    1Other fees, such as listing fees, international fee, and optional upgrades, may apply.

    2Savings based on annual total sales volumes, and comparisons of (a) prior eBay final value fees plus typical 3rd party payment provider fees, with (b) new eBay final value fees (with no 3rd party processing fees).

    As outlined in our User Agreement, eBay will periodically send you information about site changes & enhancements. Visit our Privacy Policy and User Agreement if you have any questions.

    eBay will not request personal data (password, credit card/bank numbers) in an email.

    Copyright © 2020 eBay Inc. All Rights Reserved.
    Designated trademarks and brands are the property of their respective owners.
    eBay and the eBay logo are trademarks of eBay Inc.
    eBay is located at 2145 Hamilton Avenue, San Jose, CA 95125.

     

    Thanks.  Appreciate it.

    EBAY: BLOCKED USER LIST

    in Comics General

    Posted

    15 hours ago, SUPREMO said:

    Here's someone many folks on these boards have had fun run-ins with.  He's caused havoc for many (wins and never pays) and keeps coming back with new usernames.  I am out 750 on three fury comics he won last week and in typical Sahakian fashion, didn't bother to reply to invoices nor pay for the books.  I'm doing the whole non-paying thing via ebay to get listing fees etc back but thought I'd warn the community this fine, upstanding contributor to our hobby is back...block him from all your auctions

    current username: spicyco-66

    former usernames include:

    lagiant888

    texastoast909

    dddsahakian

    adsahakian1

    armenookie

    And here is his latest address according to PayPal.

    Armen D. Sahakian
    161 Banyan Dr
    State College, PA 16801-2562 
    United States
     

    Avoid this waste of oxygen at all costs.   

     

    Thanks for the heads up. Blocked.