lol

hellsbells · Feb 17, 2009

http://cgi.ebay.com/MIXED-DATES-BANK-WRAP-SEALED-BOX-50-ROLLS-PENNIES-25_W0QQitemZ370157811178QQcmdZViewItemQQptZCoins_US_Individual?hash=item370157811178&_trksid=p3286.c0.m14&_trkparms=66%3A4|65%3A1|39%3A1|240%3A1318

hahahahaha this guy is selling an unopened box of pennies with no specific year when they were bought, but they look like the boxes of pennies i get....and thv bidding is over $25 LOLZ

Pirate Hunter · Feb 17, 2009

Plus $12 in shipping.....

I think it might be a new way to make money.

hellsbells · Feb 17, 2009

i know right, damn.....i wonder what the shipping actually would be for a box

treasurefiend · Feb 17, 2009

"There's a sucker born every minute" - P.T. Barnum :thumbsup:

Scalper · Feb 17, 2009

http://cgi.ebay.com/2008-BANK-WRAP-...31373QQcmdZViewItemQQ_trksidZp1742.m153.l1262

Same dude 38.00 with 5 bids for a box of 2008D pennies with 12.00 shipping lol ..... load up folks and dump them on feebay .. lol nice post H.B. , Ed

HolyDiver · Feb 17, 2009

I actually saw a website that sells them for well over $50 per box, which I lol'd real hard at. I would rather check them out for myself first. It would bug me not ever knowing what came out from the box.

Pirate Hunter · Feb 17, 2009

http://newyork.craigslist.org/lgi/clt/1033005467.html

phrostie · Feb 17, 2009

that's ridiculous, i almost want to post on there and say...duh you can get those at your own bank for face value. what a ripoff. i can't believe ebay allows it, but i guess it's freedom of choice...the person is stupid enough to buy it.

fistfulladirt · Feb 17, 2009

dandow20 said:
that's ridiculous, i almost want to post on there and say...duh you can get those at your own bank for face value. what a ripoff. i can't believe ebay allows it, but i guess it's freedom of choice...the person is stupid enough to buy it.

Hey, as long as e-bait gets their cut, they don't give a rat's rear!

coinmojo · Feb 17, 2009

Rippoff. ? ? ? ?

The winning Bid 34.95 thats only $10 over face I'm sure the seller and the bidder both lost on this Deal.

If it truly cost $12 to ship the seller already lost $2.

And don't forget time and trouble.......

Only in AMERICA.

Mojo

redwolf74 · Feb 17, 2009

coinmojo said:
Rippoff. ? ? ? ?

The winning Bid 34.95 thats only $10 over face I'm sure the seller and the bidder both lost on this Deal.

If it truly cost $12 to ship the seller already lost $2.

And don't forget time and trouble.......

Only in AMERICA.

Mojo

You do understand that the Buyer pays the shipping costs. Net gain to Seller $22.

coinmojo · Feb 17, 2009

It is a $25 dollar box is it not? Net loss $3

hit80s · Feb 17, 2009

Dont forget to add in listing fees, final valuefee and paypukes stinkin 3% rake :'(

puckhead · Feb 19, 2009

coinmojo:

I think your math is off or maybe you do not understand how eBay works. The shipping amount is ADDED to final sale amount so the seller is actually making decent money for something that just about anyone can get from their bank.

seger98 · Feb 19, 2009

hit80s said:
Dont forget to add in listing fees, final valuefee and paypukes stinkin 3% rake

Paypukes.... Only from my friend hits!

coinmojo · Feb 19, 2009

puckhead said:
coinmojo:

I think your math is off or maybe you do not understand how eBay works. The shipping amount is ADDED to final sale amount so the seller is actually making decent money for something that just about anyone can get from their bank.

All right let's do the math.

A box of pennies cost $25 so subtract the $25 from the final sale price (rounded to the nearest dollar) of $35

(35 - 25) = $10 is that the profit you speak of?

Yea your right it's a $10 profit. Because the buyer also pays the $12 sipping fee. Got It.

Your right my math in the previous post was wrong.

But ask yourself.

Does paypal and eBay both get a fee and commission?

Does the seller have to report any income to the tax man?

Does the penny fairy drop off and deliver the box of Pennies to your home?

Does all of that effort consume exactly 1 hr. of your life? If so you just grossed $10 an hr.

Did it consume more or less time out of your life? Add or subtract to your hourly rate.

(Time = Money)

Buyer IS an Idiot....... That's quite a fee he paid on a box of pennies. In the end, Ea. roll cost him 94 cents.

Mojo

Pirate Hunter · Feb 19, 2009

coinmojo said:
puckhead said:

coinmojo:

I think your math is off or maybe you do not understand how eBay works. The shipping amount is ADDED to final sale amount so the seller is actually making decent money for something that just about anyone can get from their bank.

Click to expand...

All right let's do the math.

A box of pennies cost $25 so subtract the $25 from the final sale price (rounded to the nearest dollar) of $35

(35 - 25) = $10 is that the profit you speak of?

Yea your right it's a $10 profit. Because the buyer also pays the $12 sipping fee. Got It.

Your right my math in the previous post was wrong.

But ask yourself.

Does paypal and eBay both get a fee and commission?

Does the seller have to report any income to the tax man?

Does the penny fairy drop off and deliver the box of Pennies to your home?

Does all of that effort consume exactly 1 hr. of your life? If so you just grossed $10 an hr.

Did it consume more or less time out of your life? Add or subtract to your hourly rate.

(Time = Money)

Buyer IS an Idiot....... That's quite a fee he paid on a box of pennies. In the end, Ea. roll cost him 94 cents.

Mojo

I doubt he made good profit, BUT if he does this 10 times over and only goes to the post office once he will be making $30-$50 profit(for 1 hour) and thats IF he doesnt make money on shipping also.