eBay Sets Out New Standards for Coin & Bullion Selling

eBay Sets Out New Standards for Coin & Bullion Selling


eBay just put out new requirements to sellers for their coins, whether bullion or normal currency. The details might seem mundane, but they come with some hefty requirements. As specified, eBay now requires sellers to do the following, regardless of selling type status (i.e. individual or business):

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What’s changing?

When listing coins in the categories below, you’ll now use structured condition details instead of relying on item specifics to describe condition:

  • 253 – Coins: US
  • 256 – Coins: World
  • 3377 – Coins: Canada
  • 4733 – Coins: Ancient
  • 18466 – Coins: Medieval

For graded coins:

You’ll need to include:

→ Grading company
→ Grade (letter + numeric) (required)
→ Certification number (optional)

For ungraded coins:

You’ll select from clear, standardized condition categories, such as:

→ Uncirculated
→ Extremely Fine to About Uncirculated
→ Fine to Very Fine
→ Below Fine

Key dates to know

From early May – You’ll start seeing reminders in the listing flow

Early June – New listings must include condition requirements

Early July – Existing listings must be updated with condition requirements (this one is the kicker for those with existing listings; essentially no exceptions, get in line like everyone else)

Listings without condition data may be blocked or hidden after these dates. (expect this to be almost automated, killing a violating listing on sight)

The changes are broad and dramatic. Depending on how many coins and type people are selling, the platform is essentially rewriting the tools on how currency and bullion can be listed. In some cases it will make things easier; for others it will be heavy lift and workload getting everything compliant. How permanent the changes are will depend on how difficult this transition is from now to July. 

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WinterYeti
WinterYeti

A professional freelance writer for the last 20 years and a budding photographer by hobby.


The Intersect of Crypto Musings & Consumer Impacts
The Intersect of Crypto Musings & Consumer Impacts

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