heng,
Possibly a helpful tip for you. Pay attention to Miner Jones' post on this thread. Also, I buy and sell goods for manufacturing plants as well as collectibles and have a lot of experience selling. Bulk is always discounted. It doesn't add more value that they are unopened when you sell 1250 of them at once. Your opening price for an auction is too high. You have calculated the maximum premium, or the price ceiling, for this bulk collection and set it as the floor for the starting auction price.
1. Low amount of work - quick time line - sell as bulk - one item / one sale / one buyer
Price - lowest end of the price range ($20 or less per item)
2. Max work - sell individually - long period of time to sell / many buyers / lots of shipping- establish a system for selling these over the next 12-36 months
Price - maximum premium
3. Something in between these two where the time, effort, and price are in the middle of these extremes on the range.
Thank you for your suggestion. This is a collectible rather than a commodity. I have read many sales posts these days, and most of them sell collectibles as commodities. Collectibles need to consider more aspects, such as their historical value: these are the last batch of Casascius DIY aluminum coins from 2013, which are historical relics of Bitcoin culture; Its scarcity: Perhaps these are the last 10 unopened Casascius aluminum coins, although there are 80000 of them (640 rolls), why hasn't anyone sold such coins since 2013? Because most of it has been dismantled or lost, even its packaging is still a collectible. BTC can be mined again, but if you miss out on these collectibles, you may have to wait for more than a decade before they appear again.Perhaps it won't appear.
I agree with you. These things don’t just appear overnight out of nowhere. I think whatever price you consider fair is fine—you set the price, especially if it has the full roll unopened. I believe it could even be worth more.
The market sets the price. The price is what a buyer is willing to pay, not what a seller asks.
While the market sets the price, for certain items the seller must set it. Something as rare as sealed Casascius coins, I believe the seller determines the price. If the seller does not accept the price, everything else becomes irrelevant; therefore, the market loses its validity—at least for certain items.
It is really hard for me to tell if you are AI or an idiot.
I might be an idiot, but AI? Never, haha. If my way of writing seems strange or unusual to you, it’s because I use a translator,I don’t know English. I’m from Latin America, maybe that caught your attention, but hey, you communicate however you can haha.
But I understand the kind of person you are,putting others down to feel superior. Well done, keep it up; the one who looks bad here is someone else.
This back and forth seems pointless, hahaha. People either buy it or they don't, but heng1332 can ask whatever they want. If nobody buys it, the. the market clearly decided it is too much.
Good luck with the sale!
Exactly, that’s what I think. But well, some people want to get the Casascius roll at a good price… the price is whatever the seller says. Period.
