ebay requiring insurance

penguinfan

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is requiring insurance hurting my auction.....I know i set the BIN price high but I have a feeling the insurance is keeping people away...at least those out of the USA
 
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the 20.00 what he wants me to put on the customs form...I have no idea of the exact cost of the shipping through them
 
because if he is from canada and you don't use a 20.00 value he will be hit with huge fees to the point where his turds must be made of gold to pay them,by the time customs is done with it and with brokage fees on that value of 1250.00 wow it would be hundreds
 
with all the high end stuff coming out I would have grabed that offer you pulled it right, thats alot of profit

IMO
 
This may seem a tad simplistic, but since it is a redemption card ... you could always offer to send the code for him to redeem by email and avoid mail altogether. The buyer may not be comfortable with that, but it's just a thought - unless he's buying it to flip it himself :devil:
 
I was a little wary about sending without insurance but as long as I am covered from chargebacks with a signature I am pretty much willing to do it
 
I've never had to deal with it, but what happens if your card "gets lost" somehow and you try to put in an insurance claim on a card like this, but you only put $20 value? You're screwing yourself, no?
 
you are fine... it wont get lost with tracking, and since you got signature you would be fine from a chargebackk

and mike is right... is you put the actual $1200+ value on the package, the buyer would be hit with hundreds of dollars of taxes if they are outside the US


Dave
 
US Mail Express with $1000 insurance will only cost you about $25 - and for that I would waive the price to the buyer.

The problem is that it will have to say $1k on the postal form - and sorry my friends to the North - that is not penguinfan's problem. He cannot insure it for one value and list a lower value on the customs form - against the postal rules. And with a card of this value - I would not even think about sending un-insured.

There is a way around this that I use when selling Hi-Value cards across borders:
1) I never include a Paypal receipt.
2) I always include a note thanking the other person for the trade - and to let me know
when the item arrives - or I put something about sending this gift to them. While they may still encounter a Customs issue - they will have some degree of proof to try and get
a refund from Canadian Customs should they get the big fees.
3) Please remember that Registered mail can only be insured for up to about $35 or so - so you have to send it Express or Parcel Post (and I think that has to weigh a certain amount).
4) And last of all - to our neighbors to the north - please remember it is not OUR system that is causing this problem. While I am happy putting a gift on that nice little green customs form for the $1-$75 transactions that I commonly do - I am not inclined to ask the Postal Clerk to commit fraud by insuring an item for $1000 and having them put $20 on the Custom's Form.

$1250 - straight out for the card - is a great sale. Take it and run. If the buyer has great feedback (and I mean over 599+ transactions and maybe 1 or 2 negs) I would ask them if they would like to avoid the problem by exchanging the code after they leave you a positive for the transaction.

bruce
 

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