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still_doll+vk

how to bid dollfe dreams in Y-Japan?

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still_doll+vk
Tieren

You send SMJ your credit card info and the maximum amount money that you might want to bid on an auction. They do an authorization check which means they check with your credit card company that you actually have that much available on your card. If you do, then you get the go ahead from SMJ to buy stuff. When you buy something they go ahead and charge your card (I assume this last part. I decided to go with paypal, which involves an email invoice that you pay with paypal)

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gaiaswill

So many eager to be SMJ's unpaid customer service...

 

Their yen:dollar conversion is not very favorable. Since they use [current]-5 yen for their conversion, this can be killer. Their otherwise low fees are very deceptive because of this.

 

Current is about 80 yen/dollar:

10000 yen @ 80 Y/$ = $125

10000 yen @ 75 Y/$ = $133

 

... for ~$8 in "hidden" fees per 10000 yen. (That's $80 for a 100,000 yen, a ballpark price for many limiteds.)

 

If this becomes 75 yen/dollar (which it was for a while):

10000 yen @ 75 Y/$ = $133

10000 yen @ 70 Y/$ = $143

 

... the "hidden" fees get worse, because 5/75 is a bigger % chunk than 5/80.

 

This adds up REALLY fast for DD items, which routinely hit 30k+. I would highly suggest you price shop your deputy services, with true final costs to compare.

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DJStarstryker

^ There's also the few times of shipping they make you pay for. For typical YJ auction, it's shipped seller -> SMJ person in Japan. SMJ person in Japan sends to SMJ's warehouse on the mainland US. And there it sits until you tell them to ship it to you. You have to pay for all 3 of those shipping times.


Are you ready to rock? ^_^

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Dollvari

I use both SMJ and Rinkya allot. I've found for me they are pretty even, when it’s all said and done. I agree you should shop around, especially if you have to pay custom fees

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Tieren

I agree SMJ's yen->$ rate is bad. Although not as bad as 80, they used 74 last week with me.

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Jezrah

But wouldn't 74 be more $ in the end than 80? Wouldn't 74 yen to the dollar rather than 80 mean they were giving you less for your dollar?


32717445532_3aa446bd94_m.jpg

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baldylox
But wouldn't 74 be more $ in the end than 80? Wouldn't 74 yen to the dollar rather than 80 mean they were giving you less for your dollar?

 

 

Nope, it's the opposite. The more yen you get per dollar the better. If they said you were getting 74 yen to a dollar think of it as cents. If you get 80 yen ( cents ) per dollar, your dollar is worth more than the 74 yen ( cents ) conversion rate.

 

So the higher the yen number per dollar, the better for us. The lower the yen number, the less our dollar is worth.

 

 

Billy


I gave up counting the girls I own, they keep multiplying and won't stop.

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still_doll+vk

so your sayin that the higher the yen..the more the dollar will be better?


you are born not because you have a purpose in this world, you are born because you are special to someone!

[*]Seeu vocaloid dollfie

[*]Taiwan Hetalia dollfie

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gaiaswill

When the yen gets stronger, it takes fewer yen to buy a dollar. The reverse of this statement: When the dollar gets weaker, it takes more dollars to buy a yen.

 

So around 2009, $1 = 90 yen. The dollar is weaker now, and is about $1 = 80 yen. The same dollar buys less yen, which means we have to pay more dollars for the same amount of yen.

 

So when SMJ imposes a -5 penalty, it hurts more than you might think, because not everyone groks exchange rates as "how much does it cost me?".

 

Google protip: enter in [1 usd in jpy] for a quick ballpark exchange rate. The higher the number, the better for you as a US buyer.

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