has come up with a new fee schedule http://pages.ebay.com/sellerinformation/news/FeeUpdate2010.html#Chart . You'll notice that it it starts with "March 30, 2010 will bring 's lowest fees ever". Hmmm...curious are we??

Let's say you have a chip that you want to sell on & you think that it will sell for $60. You list it at a starting price of $9.99 & it sells for $60. Under the current fee structure, you would have paid an "insertion fee" of 35 cents plus a "final valuation fee" of $3.42 (8.75% of the first $25 -- $2.19 -- and 3.5% of the remaining $35 -- $1.23) for a final fee total of $3.77.

Now with "*eb*'s lowest fees ever", you would pay a 25 cent "insertion fee" (WOW...saved a whole DIME ) but your "final valuation fee" would be $5.40 (9% of the $60 closing price), bringing this new lower fee total to $5.65. Now, new math notwithstanding, the old $3.77 total SEEMS to be lower than the new "lowest fees ever" total of $5.65, but maybe that's just me . In 's defense, they cap the final valuation fee at $50 (which means that this fee would stop at $50 for any items you sell that sell for more than $555.55). Of course, under the existing fee structure, to get to reach that same final valuation fee of $50 (where your item sold for $555.55), your item would have to sell for $1,391.

My question is ~ is run by ex-government people or is the government run by ex- people??

Steve B