– Large Buyer Pool eBay gives you access to millions of buyers worldwide, increasing your chances of a sale—especially for rare or niche coins. –
– Auction and Fixed-Price Options You can let the market determine the price via auction or set a fixed "Buy It Now" price for more control. –
– Ease of Use eBay provides an intuitive listing process with tools like templates, pricing suggestions, and shipping calculators. –
– Built-in Trust System With ratings and buyer/seller protection, eBay adds a level of trust, which is particularly helpful in the coin-collecting community. –
1. Global Reach You can tap into international markets, which can be ideal for unique coins that may attract buyers abroad.
5 Cons of Selling Coins on eBay 1. High Fees eBay charges listing fees, final value fees, and payment processing fees—cutting into your profits significantly.
Risk of Scams Coin scams (e.g., chargebacks, item not received claims) can happen, and sellers often bear the burden in disputes.
Market Saturation There’s a lot of competition, especially with common coins, which can drive prices down and make it hard to stand out.
Shipping Risks Coins can be lost, damaged, or stolen in transit, and sellers are typically responsible for safe delivery.
Time-Consuming Management Listing, photographing, packaging, shipping, and handling inquiries or disputes can take a lot of time, especially for high-volume sellers.