Break-Even Point
Posted:
Wed Apr 02, 2014 4:48 pmby amalekidad
Hey Realcenters,
I was inspired by one of the threads on here (viewtopic=29071) to put one of my ounces on eBay to see if I can get one of those crazy bidders. What percentage can I expect to lose to eBay/PayPal? In other words, what is my break-even point?
1929 INCUSE INDIAN HEAD $5 GOLD PIECE DESIGN - 1 TROY OZ ...(121309881079)
Thanks
Re: Break-Even Point
Posted:
Wed Apr 02, 2014 5:11 pmby Chief
You can play with the numbers using this...
http://www.newlifeauctions.com/calc.html
Re: Break-Even Point
Posted:
Wed Apr 02, 2014 6:04 pmby natsb88
10% of the total (item price + shipping) to eBay, and $0.30 + 2.9% of the total (item price + shipping) to PayPal.
Re: Break-Even Point
Posted:
Fri Apr 04, 2014 11:42 pmby silverstacker
amalekidad wrote:Hey Realcenters,
I was inspired by one of the threads on here (viewtopic=29071) to put one of my ounces on eBay to see if I can get one of those crazy bidders. What percentage can I expect to lose to eBay/PayPal? In other words, what is my break-even point?
1929 INCUSE INDIAN HEAD $5 GOLD PIECE DESIGN - 1 TROY OZ ...(121309881079)
Thanks
Figure:
10% of final sale price to Ebay
3% Paypal Fee
and then shipping costs.
Re: Break-Even Point
Posted:
Sat Apr 05, 2014 1:05 amby Computer Jones
I'm buying at 10% less than face.
PM if you want to.
FYI, This is considered a long option. Sometimes it would be considered a VERY long stance.