Buying Collectibles From Online Auction Sites offers a great opportunity to collectors and resellers alike. Often people who sell collectibles at an online auction site have no use for the item themselves. They may either own duplicates of the same item, no longer collect a specific type of item, or perhaps sell many of the same item as a part of their business. Whatever the reason, there is an opportunity for people to obtain a bargain by purchasing from one of these auctions.
A good rule of thumb to follow is that if it seems too good to be true, it likely is. There are many honest dealers who do all, or the majority of their sales online. These people have a good reputation, which is usually available for potential customers to review before agreeing to do business with them.
Just as is the case in a regular brick and mortar situation, there are many good, honest, reputable dealers. Unfortunately, there are also many dishonest sellers who’s main interest is to get your money through whatever means is necessary. This is the reason that most auction web sites offer buyers and sellers the opportunity to check out a person’s reputation. Usually this is called feedback or something similar. When an individual has a high percentage of negative feedback, it is an indication of how many people that have left dissatisfied with a sale or purchase. More often than not this feedback is honest and deserved. These are seller who are best avoided.
Auction listings can sometimes be a bit tricky. Always remember to read the entire auction, and not just a portion of it. Although it may sound great at the beginning, some will list a disclaimer at the end. A lot of people will miss this disclaimer because they are excited about what they think is being offered. For example, a picture is indeed worth a thousand words, but only if it is current and accurate. Some will add a photograph, and then specify that it is an example of what might be received. Anyone purchasing a collectible, or anything for that matter wants to see the real deal.
Although antiques are indeed collectible, many new item are as well. Sports memorabilia, high end crystal and china, and even some garments and designer accessories are considered collectibles. Pay attention to the sellers reputation here. Comments such as “not as described”, indicate that this seller is not being honest about what they have.
Research any collectible items before considering making a purchase or bid. It is absolutely necessary to recognize the ear marks of an authentic item. A number three eleven, ten thousand dollar Mickey Mantle baseball card could quickly become a ten cent Mikey Mantle number three twelve baseball card. Always pay attention. Watch for errors in spelling, color, years, and markings. Know your stuff…
ALWAYS insist on insuring a collectible item. It should never be assumed that a seller has included this if it has not been stated. If a seller states that it is included, but it is not included in the listing, ask them to please update the listing. If they refuse, it is a good idea to move on. Adding this information is free, simple, and takes about one minute. Getting money back for a damaged item can become a major hassle with a less than honest seller.
The good news is that there are many honest dealers who are a pleasure to do business with. They will be available to answer questions, offer and honest listing, and present buyers with a good value collectible item. Buying collectibles from online auction sites can be a great experience, as long as people do their homework.
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Topics: Auctions | Comments Off
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McGahan, Jerry "Buying Collectibles From Online Auction Sites Is Fantastic But Use Common Sense." Buying Collectibles From Online Auction Sites Is Fantastic But Use Common Sense. 2 Jul. 2010. uberarticles.com. 1 Oct 2014 <http://uberarticles.com/auctions/buying-collectibles-from-online-auction-sites-is-fantastic-but-use-common-sense/>.
APA Style Citation:
McGahan, J (2010, July 2). Buying Collectibles From Online Auction Sites Is Fantastic But Use Common Sense. Retrieved October 1, 2014, from http://uberarticles.com/auctions/buying-collectibles-from-online-auction-sites-is-fantastic-but-use-common-sense/
Chicago Style Citation:
McGahan, Jerry "Buying Collectibles From Online Auction Sites Is Fantastic But Use Common Sense" uberarticles.com. http://uberarticles.com/auctions/buying-collectibles-from-online-auction-sites-is-fantastic-but-use-common-sense/
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