coin are not collectibles?

[alfacoll]

Today I was surprised as eBay charged me with more than 20 insertion fees.

I thought that I have  10000 insertions fee free as I sold coins and paper money.

I made a chat and they informed me that coins and paper money are not more collectibles

Then I have only 350 free items to publish per month, but as I have about 1000 items in the store with condition of renew  for 3 month, when this items begin to end, eBay charged me with fee for insertion.

Then I have only to pay 230 dollars or quit. Plus the monthly fee for the store.

Any of you have had something similar? have you any ideas about it?

Cheers

Felipe

[pjcdn2005]

Coins and paper money is a category, collectibles is a different category.

https://pages.ebay.ca/sitemap.html

[ypdc_dennis]

Option 1:

End some of your fixed price listings before they renew and convert some of them to auctions. You get 250 free with the basic store. The coin category is one of the eligible categories for auctions. Start the auction at the price you want. Use 10 days for maximum exposure time.

https://www.ebay.ca/help/selling/listings/listing-tips/free-listings?id=4163

Option 2:

End your extra listings a day or so before they renew to avoid more listing fees.

The hub allows you to sort your listing by time left, and you can do bulk edits on GTC to end the listings you mark (No bulk end for auctions, they have to be done one at a time).

Option 3:

Upgrade your store from Basic (350+250) to Premium (1000+500).  The counter resets when you upgrade so you get the premium store's 1000 fixed listings immediately, even if you have used up the 350 from the basic store.  You will have to do the math to see if that is worth the extra monthly cost.

-..-

[cumos55]

Managed Payments is coming to eBay Canada.

With Managed Payments coins, paper money, and virtual currency will no longer be allowed to be sold on eBay.

Defining coins as collectibles does not mean that the restriction with respect to coins with Managed Payments can  be bypassed by listings coins as collectibles.

[mcrlmn]

With Managed Payments coins, paper money...will no longer be allowed to be sold on eBay?

Please elaborate and if possible direct me to your source(s).

Much appreciated.

[lotzofuniquegoodies]

@mcrlmn 

Policy attached for restricted items in Managed Payments. Explanation at the bottom.

https://www.ebay.ca/help/policies/selling-policies/managed-payments-restricted-items-policy?id=5009&...

What is the policy?

Sellers enrolled in managed payments are not allowed to list the following items:

• Adult only items including sexual wellness and adult clothing
• Alcohol, beer, spirits, and wine
• Auction services
• Bullion
• Casino chips and gambling devices
• Coins, paper money, and virtual currency
• Downloadable products and virtual items
• Gift cards, coupons, and vouchers
• Inhalers and nebulizers
• Lodging, timeshares, vacation packages, and car rentals
• Motor vehicles
• Real estate and cemetery plots
• Smoking cessation products including nicotine patches and gum
• Tickets for travel, events or experiences
• Tobacco pipes, vaporizers, and other smoking accessories
• Weight loss supplements, sports supplements, appetite control suppressants, and sleeping pills

Listings that don't follow these rules may be removed from the site or from search results. Other actions we may take include lowering a seller's rating, charging additional fees, limiting buying and selling privileges, or suspending an account.

Why does eBay have this policy?

When eBay manages the end-to-end payments experience, there are additional restrictions on what items can be sold. We are working to expand the types of items allowed by sellers in managed payments, and ensure we are compliant to support them in the future.

As an FYI there are currently there are 152,000 + listings on dot ca using the words Canadian coins

-Lotz

[cumos55]

This list of restricted items may have more to do with the business that will be handling the money in Managed Payments.  eBay never had to deal with money problems.  Paypal dealt with most of the money problems... not eBay. 

 Now that eBay is a major part of Managed Payments,  eBay may eventually choose not to allow the sale of certain items.... even after a discussion with sellers of those items.

With many of these items the question may relate to the selling of a product that is or is not counterfeit..... or was sold with an inaccurate description.

Coins can be modified by the seller and be presented in a most credible manner in a photograph.

It was many years ago that a book about coins and the selling of coins was found.  Buying coins on-line was questioned in the book....  the credibility of the seller  and the accuracy of the description.

There was a buyer of many coins online who thought they had a super valuable collections of coins bought online.

The buyer took the collection to a local seller of coins   and found out they had been misled and over charged by the seller.

The conclusion was .... buy coins in person.

[mcrlmn]

Thanks for the post.
I had previously read that material.
It is the coins, paper money...will no longer be allowed to be sold on eBay' statement that I'm specifically looking to substantiate.
I read, "Sellers enrolled in managed payments are not allowed to list the following items..."

Sellers who are participating in managed payments have some additional restrictions on what they can list.

Generally speaking, 'Managed Payments are coming to eBay Canada'.
Not a participant, I'm sure I'll be selling coins without disruption, as others will be selling other 'Managed Payments ineligible' items before and after the eventuality of 100% enrollment.
Obviously, I'm optimistic that most of those categories on the above managed payments additional restrictions list will eventually comply as 100% enrollment is sought and achieved.

[femmefan1946]

There are two other problems with the coins category.
One is the many reports of counterfeits, mostly from China and mostly of Panda gold coins. These are very good apparently and fool the greedy buyer who thinks it is possible to buy gold coins below bullion rates.
The other is that it overlaps with bullion and I believe there are many who are buying gold speculatively.
I was looking at a pretty vintage gold ring on Ruby Lane yesterday and the seller noted that if it was not sold within 28 days, it would be melted. Interesting business plan.

[ypdc_dennis]

---

@cumos55 wrote:
...With Managed Payments coins, paper money, and virtual currency will no longer be allowed to be sold on eBay.

---

Coins are not in the Collectibles category and I don't expect that to change.

Managed Payments currently does not handle coins and paper money.

eBay folk have said that category is on the to-be-added list for Managed Payments.

I'm thinking sometime in 2021, the way things are moving.

If you sell coins you are not going to be forced into Managed Payments.

-..-

[mcrlmn]

I'ts definitely buyer beware.

eBay could do more than just offer a buyer protection program.

I agree that counterfeit coins, disreputable sellers, uncertified sellers grading coins, and etc. are rampant issues.

Recently I came across a Canadian gold Maple leaf coin the seller found in grandma's attic listed for 1/2 price.

A simple search found 8 more of the same 'gold Maple leaf coin found in grandma's attic' listings from the same seller.

There is definitely a lack of enforcement regarding various policies, in many categories.

I see all of the above on eBay every day, including in seller's listings that I have bought from for years.

Some don't know, others disregard.

A Washington seller burned me a couple of years ago.

By the time I realized, PayPal was telling me I had to pay the $13 registered return mail.

Not the scumbag that sold it and forced intervention by refusing the return.

Nevertheless I kept the coin and sold it with some culls and a clear description.

Just this morning, I'm certain I spotted a counterfeit coin on a seller's site, whose other auctions I intend to bid.

If it's too good to be true, it probably is.

[mcrlmn]

Yup, that's what I'm saying.

Thanks for the clarity.

[mcrlmn]

5, 86, 211, 1000, 10000, 50000, 60000...
Obviously, after 30 days nobody is relisting all of those items for free unless there's comparable free listings available.

[pjcdn2005]

As ypdc dennis pointed out, there has been posts from ebay stating that the categories currently not allowed in Managed Payments will eventually be allowed and that until that time, sellers that regularly sell in those categories will not be required to join MP.

As far as ebay not allowing coins because they can be misrepresented...that can be true of any category!  If they were not going to allow the sale of items that might be counterfeit or misrepresented than there wouldn't be many listings on the site.

There is more of a chance of buying something that isn't what it seems to be online however, that isn't a problem just for online sales.  I know of people who have gone to coin shows and 'overpaid' for coins. Any sort of collectibles can be overvalued by the seller so the buyer has to do their due diligence regardless of where they are buying.

[travis7s]

I can confirm that they immediately removed my coin listings when I was activated for MP.

[recped]

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@travis7s wrote:

I can confirm that they immediately removed my coin listings when I was activated for MP.

---

How many coin listings did you have?

From what I've heard (no link to support at the moment), seller who have about 50% or more of their listings in the restricted categories will not be moved to MP at this time.

Sellers with just a few items that are restricted will and those items will be ended.

You still have about 500 listings, how many coin listings did you have?

[lotzofuniquegoodies]

@cumos55 

@mcrlmn 

The rational/reasoning behind coins and currency being not permitted may be entirely valid.  But they had to know there was going to be fallout and consequences for sellers? This is the only category we have gotten the clarification from eBay that "Things may change down the road",  only when it was brought up by the sellers it was directly affecting. The rest of the collection of categories that are not permitted may affect some sellers more than others or not at all.   These have never been honestly addressed. Should sellers being looked for other venues for these items too or are they going be figured out eventually. Not a good situation for the sellers that may have spent major finances on because they WERE permitted before and were under the impression they would be going forward. This is what happens when they change the rulers in the middle of the game. Major confusion and frustrations. Maybe they should have thought of the term, "Backwards Compatible" when they were negotiating with Ayden and/or others!!!

-Lotz

PS. Re your clarification regarding coins possibly being fake etc. Would that be any different than a seller selling a NIB radio that they say is working 100% but is DOA on arrival? All about doing do diligence for a seller selling anything and then the buyer to do the same or ask questions when they are not sure.

[esclyons]

yes, pretty much anything from overseas, is a knock off of some shape or form.. from phone accessories, to clothing, to children's pacifiers, Lego, bey blades, etc. probably more fakes than real items from overseas..

i would love to see how they are going to look after the oversea seller's, when they will need a USA or Canadian bank account to be put into managed payments.. They will probably never be fully implemented, nor will they be restricted from listing..

Just my honest opinion.

[esclyons]

just to follow up on the coins and currency, bullion not being in managed payments, i think it would be more of a matter of charge backs..

   Point in Case, in the last 3 years i had 3 attempted charge backs against me, However in each case the buyer disputed giving authorization for the purchase, not that they never received the items.. And all 3 cases, won their charge backs against Paypal..

I was also covered by doing things right, so that money came out of Paypal's pocket..  and these cases were only around 100$ each.. So imagine when someone buys an ounce of gold, and the potential charge back is 2,800$..

Ebay needs a system that monitors buy it nows for gold, silver platinum etc for less than spot price.. That would get rid of half the bad auctions right away..

[travis7s]

I only had 2 coin listings, and had put them up for only a few days, ha.