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eBay U.S. Paypal plan

Pubished May 11th, 2008

Speculation about an eBay plan to force buyers and sellers in Australia to use PayPal, its online payment system, being extended to the United States prompted a denial from the company on Friday.

“In the U.S., we are not mulling, planning, or otherwise seriously considering a move to PayPal-only,” wrote spokesman Usher Lieberman on the company’s eBay Ink blog. “There are U.S. market-specific reasons why PayPal-only is something we simply cannot do in the U.S.”

In Australia, the new policy, which is due to start next month, has upset users who don’t want their payment options limited and prompted complaints about its impact on competition from bankers. They have filed submissions to the Australian Competition and Consumer Commission to try to stop the changes. The impact on eBay’s 5 million registered users there, according to the Australian Bankers Commission, will be that “competition will be restricted, innovation and development will be constrained, new entry will be discouraged and PayPal will be able to increase fees and charges to eBay users.”

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CCX Solutions launch Dropship NOW

Pubished May 10th, 2008

CHICAGO, IL - CCX Solutions is pleased to announce the launch of Dropship NOW (www.dropship-now.com), a free comprehensive online guide to wholesale dropshipping and product sourcing. Dropship NOW is completely free and is intended to help online sellers learn to successfully develop an online business and dropship real wholesale products through multiple sales channels including eBay and their own website. The site features an extensive knowledge base on dropshipping and ecommerce as well as industry news, links and articles.

Free Exclusive Premium Content Includes:
• Directory of Consumer Electronics Dropshippers
• Ten Tips for Starting a Successful Dropshipping Business
• Top Ten Tips for New eBay Sellers
• Dropshipping Made Easy
• Keeping it Positive: A Guide to eBay Feedback

Wholesale dropshipping is one of the best ways to make money online, but requires a great deal of work and research to master. Dropship NOW will help new and experienced sellers alike navigate the world of ecommerce to create a sustainable, profitable business.

Dropship or wholesale companies that are not already included in the Dropship NOW directory that wish to be added may submit an inquiry to admin@dropship-now.com to obtain an application.

About CCX Solutions:
CCX Solutions is an ecommerce marketing and solutions firm based in Chicago, IL. Founded in 2007 by a former eBay PowerSeller, CCX Solutions strives to provide effective and streamlined tools for companies of all sizes. We understand the unique needs of online sellers, and have specially tailored our products and publications to their needs.

www.dropship-now.com

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Auction Floor Elects New Chairman

Pubished May 10th, 2008

Auction Floor, Inc. a leading web-based technology provider to the auction industry, announced today that board member Ron Erickson has been elected to the position of Chairman of the Board and Chairman of the Company’s newly formed Executive Committee of the Board.

Erickson, of Seattle, WA, a seasoned business executive and entrepreneur, has been involved in the creation and building of a number of technology companies in the personal computer, internet and telecommunications industries, including MicroRim, Egghead, GlobalTel, eCharge and Blue Frog Media. In addition, Erickson, also an attorney, has been instrumental in bringing corporate governance, strategic insight and capital contacts to the several companies on whose boards he has served.

Lou Sagar, Auction Floor President and CEO, stated, “We are very pleased to have a businessman of Ron Erickson’s caliber and experience assist us as we build our infrastructure and take Auction Floor to the next level. We are thrilled to have Ron more deeply involved in the Company.”

Regarding his appointment, Erickson said, “Auction Floor has a unique opportunity to take advantage of the growing demand for internet based live auctions. I am very excited to work with Auction Floor and help them build a world class organization.”

The Company’s AuctionManager, a proprietary auction management software solution, enables auction houses, consignors, and sellers to centralize their management for auction events from a single platform. The Company is marketing its network and product offering through multi-channel promotions, including print and web-based advertising. Please visit the Company’s website at www.auctionfloor.com

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Showboat Casino Chip Sets Record - Sells for $28,988.88 at eBay Auction

Pubished May 9th, 2008

The auction started at $2.25, where it ended set a new record for a $1 chip from a casino in Nevada, the closed Showboat Casino in Las Vegas, open from 1954-2001. The chip has, according to one source, only TWO known surviving examples and was valued as high as $15,000.00! The closing price: $28,988.88!

Sandy Marbs of Florisant, Mo was the seller! And what a story she had to tell! The chip did indeed lie in her jewelry box for 47 years as she said. She was searching for things to sell on eBay in that box and thought, “Why not?” Sandy, retired from Kwik Kopy & Express Scripts and living essentially on Social Security had only since January of 2008 been a seller on eBay! She hadn’t been to Las Vegas in 8 years and only had a few other chips from that last trip PLUS the $28,988.88 MONSTER! She was inundated by emails after the listing was posted, she turned down offers of $1,000.00, $4,000.00 and $5,000.00 to end the listing early! Sandy was aided by members of the Casino Chip & Gaming Token Collectors Club, Inc., who urged her to provide better pictures so that the chips’ value could be more readily appreciated!

Sandy, who readily admits that she is slightly in awe of this occurrence, is nonetheless delighted at the sales amount. To quote Sandy, “I went to Walgreens and bought a small round ceramic trinket box, I placed the chip in tissue paper and put the trinket box inside a red velvet box, I put that box in another box and that box in another box and went to the post office! I placed a picture of me from the year I got the chip along with a picture of me holding the chip last Sunday and sent it off registered mail to the buyer, Glenn Grush!”

“ I was thinking about delivering it in person,” she said!

“What a great story. She had just started selling things on eBay this year in the $5-$30 range. I bet she would have taken $10 if someone had offered it to her. The honesty from all the chippers who contacted her made quite an impression. Good things do happen to good people,” Doug Johnson, CC>CC member!

“I will only say it will be a great addition to my collection”, says Glenn Grush, buyer of the $1 Showboat Casino Chip

Wayne Thompson, President of the Casino Chip & Gaming Token Collectors Club, Inc., said, “It’s always exciting to see a record broken on rare chips. While this is the highest price paid for a $1 chip we have seen at least one Sahara $100 chip bring $100,000 cash. There are certain chips that are considered classic rarities just like in any hobby. The CC>CC has some members who are always looking for the rarest and the best and are willing to pay the price as illustrated by this purchase. Most of our almost 3000 members collect at a much lower price scale but derive the same enjoyment from the hobby. We are truly fortunate to have such a diversity of members.”

The previous biggest auction sale of a $1 Chip was purportedly an El Cortez chip in August of 2005 which went on eBay for $7,212.

Previous HIGH-END chips that sold on eBay also brought record prices in recent years!

Among them are:

A one-of-a-kind $5 Hacienda Casino chip in Las Vegas on April 15, 2001 sold on eBay

for $15,100!

This record stood until March 14, 2004, when a Sands Las Vegas Casino chip from the

early ’50s sold for $33,000 to an anonymous bidder, also on eBay. The $5 chip,

in near-mint condition, depicts a desert scene with a cactus and the Sands’ catch

phrase “A Place In The Sun,” and is one of only five known to exist!

A Last Frontier Casino $5 chip, sold in December, 2005 for $39,345, on eBay!

The 2004 record was then smashed in 2006 at the CC>C convention, when a

$25 chip from the Sahara, depicting a left-facing camel (the main factor in its

rarity) sold for $67,000. The original buyer bought it on eBay in a lot of chips that sold for $1 each!

And last but not least, this record was broken earlier this year, 2008, by another Sahara

chip, this time of $100 denomination and depicting a Sphinx, which purportedly sold for

$100,000 cash!

The Casino Chip & Gaming Token Collectors Club, Inc. is holing its 16th annual convention in Las Vegas, Nevada at the Riviera Hotel & Casino from June 18th through June 21st! The showroom floor is open to the public with an admission’s fee starting on Thursday, June 19th, 2008!

Auction info: www.ccgtcc.com

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Israel.com domain name for auction

Pubished May 9th, 2008

Internet domain name seller Moniker said Israel.com is expected to sell for at least $5.5 million when it goes on the auction block May 23.

Monte Cahn, chief executive of Moniker.com, said bidding for the domain name is expected to drive the price up during the auction, the New York Post reported Thursday.

The domain name’s current owner, Jean-Noel Frydman, 46, said he did not expect the domain to become so valuable when he purchased it in 1994.

“Mainly, I didn’t want anyone to misuse it. That’s why I registered it,” he said.

Frydman said he decided to auction the domain this year to coincide with the 60th anniversary of Israeli independence.

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