Auction Power Guide

I have a guy trying to sell me 3 of them for $150. I dont know anything about them. They are series 461 I think. The notes are 5 cents, 10 cents and 25 cents. All in mint condition. Any help would be great thanks

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Ripoff!
I’m going to ‘Enter’ this answer, then ‘Edit’ it to include WHY it’s a ripoff. Give me about 10-15 minutes and I’ll have a fuller reason and explanation.

*641 is the Vietnam-era series. More in a few minutes, okay? Was it 641 he’s talking about, or 461 (I think you meant 641, yes?)

But don’t buy them at that price… $15, NOT $150, would be fair.

But $150 is scamworthy.
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EDIT:
the 641 series was used for years, starting before Vietnam but was ended in late 1968. We were paid in those MPCs instead of American dollars because the U.S. Gov’t didn’t want soldiers spending actual dollars in the Vietnamese businesses like bars, brothels and restaurants.

Because MPC was so common (we were paid once a month, reliably), the Vietnamese businesses accepted MPC. When the changeover to the next Series occurred, all military bases were closed down for the whole day. We had to turn in all of our 641 MPC in the morning; in the afternoon, we got an equivalent of MPC in the new series. 641 was "dead," because the Vietnamese had NO WAY to change the 641 MPC to the new Series issue.

They were SCREAMING the next day; none of them would accept MPC any more, because they had thousands of dollars worth of now-worthless ‘paper.’

But evidently, a lot of Vietnamese must have saved what they thought was going to be worthless paper forever. Then eBay came along and there’s a brisk business in MPC of all series, especially the 641 because so many of us "know" those bills.

The $10 Series 641 is worth anywhere from $10 on up, depending on condition, of course, but if you get on eBay and enter "military payment certificates" you will see a boatload of choices. Click on a few different items and see what they’re selling for. SOME folks might be offering stuff at top dollar, but you don’t necessarily have to pay high prices.

The $5 bill in 641 is one of the more rare bills but even then I’ve gotten good deals, including a guy on eBay whose name is "routemama" or routemama44… check him out. But check out several vendors, in order to get a feel for who gives value. Take notes, ‘cuz you’ll never remember everything.
If you’re not an eBay member, you still can sign in as a guest. You might even be able to click on "watch this item,." If you can, do that for different vendors selling the same bills, for comparison’s sake. Also, some vendors use the "Buy It Now" technique, with the for-sale price visible: check those out, too, just to see with no-haggling offering prices are.

The sub-1 dollar MPC (the 5, 10, 25cent MPC) were more common generally, therefore worth less, in my experience, than the $1, $5 and $10 bills. There are also coins/tokens available that various EM (Enlisted Men’s) and Officer’s Clubs used as substitutes and/or for change. There probably found in the MPC category as well.

Ironically, what had been totally useless 40 years ago is now worth MORE than it was then!

Good luck.

I never thought of buying a car off ebay. I was searching for a car part and then was scaning through cars for sale. What a deal! Problem is some of them almost sound too good to be true. I mean if the seller has 100% good feed back and they give history/details about the car and are willing to answer any questions, what can be the problem? Has anyone actually bought a car off ebay and were you happy with it? Can anyone give me tips on buying a car off ebay? Thanks!

You can get a good deal off of EBay, and you can have problems. Unless you are looking for a specialty vehicle, limit your choices to vehicles that are close enough to inspect prior to bidding. Go and look at the car that is being offered!!, If you are seriously interested in it, you may want to see if the seller will allow you to have your own mechanic check it out prior to bidding.

Do not expect a car to be perfect! The seller may try to describe the car well, but they (and pictures) can miss things. Ask a lot of questions and be sure you want the car before you bid!!!

Allow for the cost of getting the car home, and any inspections that may be required to register it!

Plan!

First, it is important to have a good plan. A formal business plan isn’t necessary unless you aim to get a loan or investors, but the plan should be thorough, especially in the financial section. The bottom line for most of us is: can I make a profit doing this? How long will it take to turn a profit? And, is this worth my time? Below I have outlined a few key factors to think about while devising your plan. I want to be clear that this is just a guideline, not a “how to” since everyone’s circumstances is different – what may work for one person may not work for another.

1. Why do you want to do this?

Is this something that you want to do for strictly for the money? For the thrill of starting something from scratch? Because you need to make extra money to pay your bills? Etc. The answer to this question will create the context you need to think through your plan. For example, if you want to start a jewelry business because you absolutely have to have extra money to survive – that consideration will limit your choices greatly because you will need to make decisions that lead you to a quick profit.

2. Market & Products

What do you plan on selling and why? Think about whether the jewelry or other products you intend to sell are right for your intended market. Diamond jewelry is probably not the right product for a flea market! Some good ‘off-line’ venues that I have used include:

Craft fairs and outdoor festivals – generally in the summer time. You can usually get a table at these events for $20 $50 for the day. You will want to have a good selection of inventory; if you do you can usually gross anywhere between $150-$400 (based on my experience). Your sales will be directly related to your quantity of inventory.

Winter bazaars, church sales, holiday festivals—Oct-December. Check the local paper. Many churches have these annual events and tables are pretty inexpensive. These events are nice because people come to spend $ on gifts.

Home-based jewelry parties. You can host an event yourself, or have a friend host it and give her some free stuff as compensation. I like to have a good friend or relative host – that way I am pretty sure they will follow through. Ask your friend to invite her friends, relatives, etc. for the party. You provide some light snacks and bring all your stuff. Again, people come to buy and you have no competition! If you get people to one of these you will make out pretty well, and you don’t need to have as large a selection. I have made up to $1500 in an hour and half! Typically, I’d gross $300-$500 in a pretty short time.

Flea markets—usually in summer and holiday season. These can be boom or bust. It depends on whether, traffic, etc. Generally people at these want to spend very little, so the low-end stuff sells best. Good place to experiment since the tables are usually only $20 or so. I know people that go to the same flea markets every week and do very well with lots of repeat customers.

Store/ mall-cart. This is a much bigger leap since the overhead is so high compared to the above venues. I have done neither so cannot offer any good advice in except to plan really well and consider all the costs involved.

3. Where will you get your inventory?

This is the place you will need the best research. Unless you are selling in large volume, you will probably want to get a markup of about 3 times (what you paid for inventory). The lower the price you pay for your goods, the lower the price you can offer your customers/ the more profit you will make. You will always save more when you buy in bulk, so look for a supplier you can form a long-term relationship with who can give you good deals, service and selection. Buying a large quantity now may seem like a big expense now, but the result is you make more profit on every single item you sell.

The more you spend the more you save. Find a few good suppliers and see what sells well and who is willing to work with you. Find suppliers who provide good service and are committed to your success.
Buy off ebay- many people buy stuff at good prices then just re-sell

Search the web for other silver jewelry wholesalers.

Search the web for manufacturers. Most are in Asia. And you will get the best deals this way – but you are going to have to spend $3000+ to get the best prices and give yourself 6 months to find the right vendors, get your inventory and develop a relationship. It seems simple, but trust me, the cultural differences alone will add 3 months to the process! Unless you need 20+ designs of each design you order, or actually want to get a mixed batch of random leftovers that you will not see in advance, this is not a great option for most small businesses.

4. Is an online business right for you?

I make a living through my website. My business is successful because I:

• Have an efficient system to manage business operations

• Provide excellent service

• Have several great, inexpensive sources for products – suppliers that I know well and trust 100%

• Purchase a high volume of jewelry each month (enabling lower margin on each item)

• Spent time researching/ testing products and marketing strategies and learning about ecommerce

As I said, everyone’s situation may be different, but this is what works for me. I started about 6+ years ago part time, and within about 6 months had a full time internet business. I never expected it to work out this way, but it’s still going strong. Now it is much easier to get started from the technical side—the major auction sites offer good services for beginners and there are products out there to manage your business. You can even start a fully-functional ecommerce website without knowing any html! It is the “systems” that are the key factor for me. I have a system for inventory, a system to communicate with customers and a system to manage the fulfillment and customer service process. Most of my systems are computerized but I always take the time to get to know my customers in person when I have the opportunity.

5. … Is an offline business right for you?

Many folks are intimated at first by the whole ecommerce thing. The truth is an off-line business can be just as successful. Unless you have a lot of capital you want to start off (and continue!) with low overhead. So, you don’t need to go out and buy a store front! You can start by buying a small amount of inventory and testing the waters.

Try selling to friends and co-workers

Host a jewelry party (or better – have a friend host it) and invite a lot of people. I once made $1500 in an hour an a half! Typically, I would make about $400 or so in a couple hours.

Rent a table at a craft show (summer fair or church bazaar around holiday time). Tables are usually only $20-$40 for the day.

Get a spot a flea market

Put stuff out at your or your friends garage sales. It really works!

My advice is until you really know your market and have a handle on your revenue stream, start small. This way you are not going to lose much, if any, money.

6. Business licenses, TaxID numbers, merchant accounts, etc.

Check with your state to see what is required to do business. My experience is that it is very simple. You can get a TaxID, which takes about 1 hour and you can do it by phone, and this enables you to buy inventory without paying sales tax. But keep in mind that most vendors will be out of your state and will probably not charge sales tax anyway. In this case most vendors may not even need a TaxID. In terms of taxes, you can file under your TaxID or your social security number. If using your social security number and keeping the business under your own name, I do not THINK you need a TaxID, as long as you claim all your income appropriately. If you plan to have a business checking account you will need a TaxID number.

As far as I know you do not need any special license to sell retail. But you should contact your state tax office to get all the paperwork you will need to remit sales tax to the state. You are required to collect sales tax on retail purchases (most internet companies only charge sales tax to customers that live in the same state as the business). And at the end of the year, you have to pay this tax to the state.

As your business grows, it’s a good idea to take credit cards, especially for online businesses. Nowadays this is pretty easy. I get about 20 offers a day via email to setup merchant accounts and accept credit cards online. Do a search on google.com and you will find hundreds of places to do this for you! The cost is about $25/ month + $200-$300 setup fee. Another option is to use only a PayPal account. The account is free to setup. Get a paypal account regardless of what you do because it’s essential!! I’d say 50% or more of online shoppers now, and 80% of ebay customers have paypal accounts.

• I am NOT an accountant! This information is just based on my experience and may not be accurate.

Aaron Rome
http://www.articlesbase.com/business-articles/tips-for-getting-started-with-a-jewelry-business-56383.html

Selling real estate over the internet may sound like an awkward idea. However, the exposure the real estate receives over such a widespread media like the internet is every realtors dream.

Can eBay be used to market real estate? The answer is a resounding yes!

eBay provides functionality that is clearly adaptable to the needs of most realtors. It provides a widespread medium of advertisement for the real estate. It is also a relatively inexpensive method of advertising.

One of the best things about selling real estate on eBay is that it “markets” to many areas around the world, not just a local area. Advertising on eBay makes the property available to more than 100 million potential buyers, including those from other countries. Visitors can browse through the property details 24 hours a day, 7 days a week all without the realtor having to explain the details about the property to every single prospect wanting information.

Advertising on eBay

When one has a house or other real estate to sell, he or she may list it for auction on the eBay site. There are many different ways to present the property for sale on eBay. If the realtor seeks to sell the estate at a fixed price instead of having the property go through an auction, he may request eBay to display a real estate listing in a format much like a local paper.

eBays page has three selling formats. These are the auction, fixed price selling, and the traditional real estate listing.

For each of these selling formats, the “user” furnishes additional information regarding his or her property. Details may include lot size, number of bedrooms, number of bathrooms, type of property, year built, and other information. The auction listing period must also be specified, where the choices range from 1-, 3-, 5-, 7-, 10-, or 30-days, or a 30- or 90-day non-auction listing.

The eBay website charges two types of fees for listing a property. There is a simple fee for listing the property and also a fee is based on the final amount of the property sale. The charge for a 1-, 3-, 5-, 7-, or 10-day auction listing is typically around $100. A 30-day auction listings cost about $150. A non-auction listing costs $150 for 30-day listing, and about $300 for a 90-day listing.

Fees for Timeshare property and land are usually slightly lower. The final fee amount for Timeshares and land is generally about $35.

Selling on eBay is growing in popularity as the internet stretches it’s outreach to more countries. Although nothing beats direct and personal inspection of property, the convenience of having eBay connect seller and potential buyer is definitely appreciated.

John Long
http://www.articlesbase.com/non-fiction-articles/selling-real-estate-on-ebay-52964.html

Many people have jumped on the eBay bandwagon, learning quickly this online auction and direct sales marketplace can open doors for individuals and businesses alike. By driving thousands of potential buyers to users’ wares each day, the site can be a literal goldmine when it’s tapped into. There is even eBay store software out there now to make the process of setting up shop even easier.

The idea behind eBay store software is to help individuals and businesses that want to set up virtual storefronts on this site do so with ease. As eBay gets even bigger, the choices in eBay store software are getting better all the time, too. For those who aren’t aware, eBay isn’t just for single item sales anymore. The site allows for the creation of full shops so users can consolidate their auctions and sales in one place. The eBay store software package options just make this easier.

For more information on ebay store sales click here

So you are prepared for some high quality eBay Home business Techniques on time management. Marvelous! Im going to give you some that are indispensable for a prosperous eBay home business.

The initially factor you have to have to do is to ask oneself some valuable concerns. These concerns are developed for you to survey oneself so that you will make the most desirable choices for your home business and how you manage your time. Just after all you will be operating on your own and will have no 1 else to be accountable to. If you fail at high quality time management, you will fail at your eBay home business. So make confident you do not cheat, and be confident to be ruthlessly honest with oneself when you answer these concerns.

These concerns assume that you genuinely desire to make an income from eBay and have already set precise operating hours (1 of the most valuable eBay home business techniques I can give you).

Okay lets get to them:

Time Management Concerns

What will you do when it is time to put in some perform in at your computer system and it is a eye-catching day outside You know the type of day I mean. The sun is shining, the birds are chirping, it is not too hot and not too cold…and it is just the fantastic day to get outside and do a small perform in the garden or whatever other activity you like to do. Will you be tempted to slip on your gardening clothes and leave you home business for a further time

And what will you do when the youngsters are playing outside and you can hear them laughing. Will you be tempted to get out there and play a small catch with your youngsters rather of operating on your home business

Or how about when your dog begins wining at your workplace door, wanting you to take a walk, or when your most desirable friend drops by and desires to go out for a cup of coffee…and the list goes on and on.

If you let factors such as these distract you from your set hour to perform, you will never ever make in any self-run home business.

Perform As Even though You Are Operating For An individual Else!

My best eBay home business tip on time management is for you to perform for oneself as even though you had been operating for an individual else.

When operating for an individual else you do not take breaks at just any time you really feel like it. You have a job to do, so you do it. This have to be your attitude when getting your own boss.

You have to set up your own perform schedule and then perform it. In spite of this, please do be cautious not to go to the other extreme and perform all the time and ignore your household and your wellness.

This eBay home business tip is developed for you to do what you have to have to do to make a high quality living on eBay, not to destroy your relationships.