Dodgy & misdescribed material from ebayer "one-stop-stamp-shop" opinions?

[steevh]

It cost A$ 12.51 with free postage.

I wonder what the postage would cost, most probably close to the sale price.

You are not even close David.

$15.95 from 1-3kgs, and $19.20 from 3kg to 5kg, which this will certainly be, in a thick box.

Get about $10 nett after ebay and PayPal fees etc, (AND score a neutral!) and pay over $20 for post and packing. So lose $10, assuming the goods cost absolutely nothing - and they never do of course.

Stunning business model. ebay genius seller.

Tossing them in the bin was far wiser and FAR more profitable. No IQ test needed to sell on eBay.

Clearly Mr One-Stop lost money on that lot, with bad feedback to boot, but with any eBay trader starting items at $1 there are bound to be losers as well as winners.

His business model appears to favour shifting large volumes of material, with quite cursory descriptions, yet it seems he does well enough to buy A$35,000 stamp lots at auction.

[Global Administrator]

As my stamp dealer mentor Ken Baker (who lived to age 104!) told me many times -

"Son, it takes no skill or talent whatsoever, to sell stamp items for a small fraction of what they are truly worth."

Probably why he was the most successful stamp dealer we have ever seen in this country. Before ebay was invented.

[David Benson]

Glen,

I presume he realised what the postage cost would be and decided to bin in instead of posting it.

I have no idea what his total realisations have been on the $ 35,000 purchase but he most probably is still a lot short of his purchase price especially as he has not got the Philatelic knowledge to describe the material properly.

David B.

[Derbyboi2]

Glen,

I presume he realised what the postage cost would be and decided to bin in instead of posting it.

I have no idea what his total realisations have been on the $ 35,000 purchase but he most probably is still a lot short of his purchase price especially as he has not got the Philatelic knowledge to describe the material properly.

David B.

David

I enquired about the £1 1st watermark large OS which was in the Corinphila lot and when it would be offered and I was told that it had already been sold. It was an item that would recover a very large proportion of the purchase price if sold properly. It certainly didn't appear in the 'Great Buy - Must Have' $A1 eBay auction. With an ACSC cat value of $A45,000 (times three above normal for the very short Spencer's Gulf variety) it could very well have recouped up to perhaps half of his investment or more.

[snaws]

Hi Derbyboi2
Is this the stamp you are referring to.

https://www.ebay.com.au/itm/Kangaroo-Stamps-1-Blue-1st-Water ... 7675.l2557
It Sold for $3,700.00
Not a very good return on his investment.

Either is this one.

Sold for $339.66
https://www.ebay.com.au/itm/NSW-Stamps-Variety-Mint-RARE-i43 ... 7675.l2557
He would have gotten 15-20 times that at public auction.
Not a very good selling strategy.

Regards Trevor

[Global Administrator]

Because from this idiot, with 1 word descriptions, most ASSUME they are fakes! Hence he gets 5% of 10% of real retail.

Masses of what he offers are faked, defective, repaired, misdescribed, all with the one word descriptor - 'EXCELLENT'.

Someone has a mint £2 Roo Large OS offered for peanuts at an auction right now that is a CofA watermark!

[Derbyboi2]

Hi Derbyboi2
Is this the stamp you are referring to.

https://www.ebay.com.au/itm/Kangaroo-Stamps-1-Blue-1st-Water ... 7675.l2557
It Sold for $3,700.00
Not a very good return on his investment.

Either is this one.


Sold for $339.66
https://www.ebay.com.au/itm/NSW-Stamps-Variety-Mint-RARE-i43 ... 7675.l2557
He would have gotten 15-20 times that at public auction.
Not a very good selling strategy.

Regards Trevor

I must have missed the £1 large OS. A real snip at that price. If, however he were to attain a similar amount for the rest of the high values he would cover his costs rather than making the profit that ought to have been made. What on earth drives him to offer such stamps at rock bottom prices. His reputation probably scares off most punters.

[bathurst stamper]

Either is this one.


Sold for $339.66
https://www.ebay.com.au/itm/NSW-Stamps-Variety-Mint-RARE-i43 ... 7675.l2557
He would have gotten 15-20 times that at public auction.
Not a very good selling strategy.

Regards Trevor

When the time comes for a certificate for this one, the buyer is going to be disappointed.