Flipping coins on eBay is possible, but not easy and as quick as you might expect.
I currently have the cheapest listed 2018 Britannias (well I am tied at least) and I have sold 1 in the last week.
They dont fly off the shelves that is for sure. And after fees and postage etc I end up making about £2 per coin at these prices.
So, you can make money - but it is not easy.
There is also risk involved. To achieve these prices you have to send the coin via regular unsigned for post. After signed for delivery, on one coin at £22 I would make about 75p. I evaluate the risk when posting a coin as best as possible (researching the buyer etc.) Not had an issue to date but I have had a number of parcels take a few weeks to arrive. Precious metals are not covered by royal mail so if one coin goes missing/lost or you get an unscrupulous buyer you wipe out all profits.
Talking of unscrupulous buyers - someone claiming you sent a fake coin is a pretty easy scam to do. They lodge a claim with eBay, send the coin back, which they swap out for an actual fake, and eBay will always side with the buyer. You lose out again.
I haven't even got onto the topic of the amount of work involved in organisation, packaging etc.
Just my two cents - I am happy to take the risks that I take - but I don't know that many people who would do the same for a very small margin.
Do you flip coins? If you do it would be great to hear your thoughts, if you liked this post please remember to upvote, comment and share!