Saturday, April 27, 2013

Ebay Fee Increase on May 1


Dear Customers,

I wanted to make sure everyone is aware of the major increase of eBay fees that begins on May
1st 2013.  While the new fee structure has only modest effect on purchases less then $100, the increase
on items from $1000 to $4000 is very substantial.  The worst impact hits many gold Chinese modern coins.

The new system is billed as "simplified", but actually it is riddled with exceptions and special rates.  According to their website (buried behind links), the "special rate" for coins appears to be 7%.

Under the current system eBay fees slide from about 6% at $1000, 4% at $2000 declining to about 2.5% at $10,000.  Next week, the fees will be 7% all the way up to about $3800 and then fixed at $250.  This is a huge increase for coins in the $2000 to $4000 range.

Paypal then adds 2.2 to 3.2% on top.  So sellers could soon be paying as much as 9% in fees on a 2500 sale - that's $225!

Here are some before and after comparisons:

$1000 Coin:
Before May 1:  $63
After May 1: $70

$2500 coin:
Before May 1: $93
After May 1: $175

Over $3500:
Before May 1: $112
After May 1:  $245

While "Top Rated" sellers get a small 20% discount on these fees, the fee on a $3500 coin is still more then $100 higher in the new system.  I expect that some very high volume mass market sellers will have special secret negotiated rates with eBay, but for the average collector or smaller dealer, these fees are very substantial and cannot be absorbed.

Clearly this will force more coin transactions to take place outside of eBay.  It is unfortunate, because eBay is a reliable platform and the eBay sales history helps the market with price discovery.  However, I expect very few well informed buyers will click buy-it-now, and few well informed sellers will accept such huge fees on coins over $2000.

At Rare Panda Coins, we will continue to list our coins on eBay for marketing purposes, but the eBay listed prices will have to increase to cover the new fees.  However, our independent online store at www.rarepandastore.com will offer the same exact coins at much lower prices that do not include the eBay fees.

Paypal remains a good value for its buyer and seller protection services at a cost of  about 2%. Of course, if you are comfortable to send a check, we will pass the additional 2% saving on to you.

Bottom line: Shop directly with us.  Email us, call, or shop at www.rarepandacoins.com and you will save big money off eBay prices.

Best Regards

Jay Feldis
Rare Panda Coins Inc
www.rarepandastore.com

Tuesday, April 2, 2013

1994 50Y Gold Panda 1/2 oz

The 1994 1/2 oz Panda may be one of the rarest of the entire BU panda series.  Over the course of the last few years, 1994 1/2 has been more difficult for me to find than the 1998 or 1995 1/2 oz coins.  While certain varieties may be more scarce, for collectors of 94 BU 1.9 oz sets or Panda 1/2 oz sets, this is the key coin,

We have one available now in the store.

1994 50Y Gold China Panda 1/2 oz Large Date NGC MS69


Tuesday, December 18, 2012

New Listings week of 12/17

New This Week

Check out our new Google+ Community page +Rare Panda Coins Inc

Peter Anthony Panda Guide Book On-Sale -  $23.98



1991-P 100Y Gold Panda Proof PCGS PR69

Price: $5,398.00 $5,290.04





2009 500Y China Gold Panda 1 oz NGC MS69
1987-Y 100Y China Gold Panda 1 oz - NGC MS68
1998 100Y China Gold Panda 1 oz Small Date NGC MS69
1988 50Y China Gold Panda 1/2 oz - sealed
1988 25Y China Gold Panda 1/4 oz - sealed
1996 100Y China Gold Panda 1 oz Large Date - Mint Sealed
1996 100Y Gold Chinese Panda 1oz 15th Anniv - PCGS MS69
1985 25Y Gold China Panda 1/4 oz - PCGS MS69

Saturday, December 15, 2012

Save up to 4% on Gold and Silver Pandas


Dear Customers,
Rare Panda Numismaster ad 1 900x600 copy
 
As we approach the end of 2012, many people are looking to rebalance their portfolios toward more investments in hard assets.  Should you decide to purchase more Chinese Gold and Silver coins, we ecourage you to visit our web store at www.rarepandastore.com to get the best prices.

Our online store offers:
  • 2% discount from ebay for purchases paid via Paypal.  These are the prices shown.
  • Save an additional 2% when you pay by check or wire (total of 4% below ebay!)
  • This means that you save $100 on a $2500 order when paying by check!
  • Free shipping
Follow the Rare Panda Coins Blog for market updates

We have assembled beautiful collection of high quality Chinese Panda coins over the past several months.  This may be an excellent opportunity to buy at relatively low prices.  We have only a few of each of the more unusual coins, so get yours now!  Visit our online store.
 
This is a must have for any collector and a great gift!
 
2013 silver panda
2010, 2011, 2012 dates available.  A great way to stock up on Chinese silver.
2013 pre-order for shipment after Jan 5.
15 coins in tubes are easy to store.  Coins remain in capsules.
2012-12-10 17.27.49








2012 1oz Gold Panda in mint seal.  
629372172_o_2540_1_thumbThis weekend just $1899
with check payment






Shop Now

Consider adding to your collection today!

Rare Panda Coins Inc
888 868-9979
sales@rarepandacoins.com
www.rarepandastore.com