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-   -   Proof the market is drying up !!!! (http://www.net54baseball.com/showthread.php?t=62628)

Archive 11-14-2002 08:11 PM

Proof the market is drying up !!!!
 
Posted By: <b>Brian C Daniels&nbsp; </b><p><a href="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=1583562184" target=_new>http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=1583562184</a><BR><BR><a href="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=1583032788" target=_new>http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=1583032788</a><BR><BR>Dan! Check this out! it's great gramps on Slimfast !!!

Archive 11-15-2002 12:50 PM

Proof the market is drying up !!!!
 
Posted By: <b>Robert</b><p>This guy must be smoking something good. Buy it now 550.00. I would not give him 5.50 for that garbage Mathewson. Robert

Archive 11-15-2002 02:16 PM

Proof the market is drying up !!!!
 
Posted By: <b>Dan Mathewson</b><p>...what a hoot. You have your choice: the Matty, whose sides were cut off to stoke someone's fire. Or, the Chance, which was just found in the Alabama tornado aftermath.<BR><BR>Your choice, either one, for twenty times their real value. What a DEAL! Guaranteed, PRO-gradeable. (PRO probably wouldn't even notice the Matty is trimmed...)

Archive 11-15-2002 02:29 PM

Proof the market is drying up !!!!
 
Posted By: <b>Ben</b><p>That matty was peddled around on ebay several times with no takers. Finally, some idiot used BIN on the card for $50. Check out this guy's feedback...he's the idiot that bought the card for $50 a few weeks ago!

Archive 11-15-2002 02:45 PM

Proof the market is drying up !!!!
 
Posted By: <b>Robert</b><p>You got it he is an idiot. Rob

Archive 11-15-2002 02:56 PM

Proof the market is drying up !!!!
 
Posted By: <b>MW</b><p>edited

Archive 11-15-2002 03:01 PM

Proof the market is drying up !!!!
 
Posted By: <b>runscott</b><p>He probably doesn't know that the heavy trim job killed the value and he's looking for a way to make some extra dough. I've done stupider stuff, but if you guys call me an idiot on the board, I just might get my feelings hurt......waahhhh! waahh! waahh! waaaahhhhhhhhhh!!!!<br><br>

Archive 11-15-2002 03:10 PM

Proof the market is drying up !!!!
 
Posted By: <b>Ben</b><p>MW,<BR><BR>what makes this guy an idiot is not the fact that he bought the card for $50- its the fact that he is immediately reselling it for double that price with a buy it now of $550!

Archive 11-15-2002 03:27 PM

Proof the market is drying up !!!!
 
Posted By: <b>MW</b><p>Ben --<BR><BR>It's called eBay. He bought it for one price and is trying to sell it for more. No one is forcing anyone to bid. What's the problem? Who hasn't bought a card on eBay and then sold it for more within a week or two? This happens all the time with art, used automobiles, antiques, real estate, and yes, even baseball cards. Why all the consternation?

Archive 11-15-2002 04:29 PM

Proof the market is drying up !!!!
 
Posted By: <b>Julie Vognar</b><p>Even my two-piece Scrapps Getzein; even my Dresden Firestorm, almost broken in the middle Mayo Hamilton, even my re-backed Old Judge Kelly--Mark has given me dough for all these things. Not much, but some!<BR><BR>Correction: Matty is not on Slimfast, only his card is.

Archive 11-15-2002 04:34 PM

Proof the market is drying up !!!!
 
Posted By: <b>leon</b><p>Might want to check your math.....double 50.. to 550 ? Sounds like fuzzy logic <img src="/images/happy.gif" height=14 width=14> I will agree with MW on this one...$50 dollars for that card is not as bad as my $40 fake D304 Lajoie.....regards all....

Archive 11-15-2002 04:38 PM

Proof the market is drying up !!!!
 
Posted By: <b>Ben</b><p>MW,<BR><BR>this card has been listed and relisted for months now with no bids. Finally, this guy bites on the card, and what does he do? he immediately relists it at double the price with a BIN of $550 to everybody who passed on it however many times in the first place.<BR><BR>Okay, calling him an idiot may have been a little harsh on my part. But it is obvious that this guy has no idea what he's doing. But you're right- nobody is being forced to bid on the card, and it's unlikely anyone ever will.

Archive 11-15-2002 04:40 PM

Proof the market is drying up !!!!
 
Posted By: <b>Ben</b><p>leon, he listed the card with a minimum bid of $110 (roughly twice what he bought it for) and a BIN price of $550.

Archive 11-15-2002 04:44 PM

Proof the market is drying up !!!!
 
Posted By: <b>Ben</b><p>another testament to this guy's idiocy is the fact that he's described the card's condition as VG...

Archive 11-15-2002 04:48 PM

Proof the market is drying up !!!!
 
Posted By: <b>leon</b><p>okee dokee, gotcha....guess this is what someone was saying about interpretting what we write....best regards

Archive 11-15-2002 04:49 PM

Proof the market is drying up !!!!
 
Posted By: <b>MW</b><p>Ben --<BR><BR>One evening when I was chatting with someone, I suggested that he purchase a 1933 Goudey Lou Gehrig that was missing the bottom portion of the card (card was originally listed on eBay). The price was right and when he relisted the card several weeks later, he made a profit. I certainly agree with you that a BIN of $550 is too high, but like runscott wrote, maybe the seller doesn't know any better. <BR><BR>I still remember a show I attended many years ago where the seller of a 1954 Hank Aaron rookie wanted 90% of book for his card: <BR><BR>"What do you mean?" I asked. "The card has one of the corners clipped off!"<BR><BR>"Exactly!" the seller replied. "90% of it is still there."

Archive 11-15-2002 04:57 PM

Proof the market is drying up !!!!
 
Posted By: <b>Ben</b><p>at the root of all this is an ignorant seller trying to make a fst buck. Can't blame him there.

Archive 11-15-2002 05:06 PM

Proof the market is drying up !!!!
 
Posted By: <b>MW</b><p>Ben --<BR><BR>We don't know whether he is ignorant or not. I don't think he paid an unreasonable price for the card, and I don't see anything wrong with him listing it for approximately twice what he paid for it. It could be that he IS ignorant of condition, but you are certainly not obligated to exercise the BIN option. Nor is anyone else. I think the basic problem with your original argument is that anyone who attempts to make a profit on eBay could be called an idiot -- especially those individuals who list a BIN price much higher than the starting bid. Think of it like this -- if someone purchased the card for $550, would you still consider the seller to be an idiot?

Archive 11-15-2002 05:13 PM

Proof the market is drying up !!!!
 
Posted By: <b>Ben</b><p>yes, the seller is free to list the card at whatever price he chooses. His prices reflect a degree of ignorance, or at least highly unrealistic expectations. I guess the real idiot would be the guy who BINs the card at $550...

Archive 11-16-2002 04:51 PM

Proof the market is drying up !!!!
 
Posted By: <b>warshawlaw</b><p>Classic: is that an apocryphal story or did it really happen??

Archive 11-16-2002 04:59 PM

Proof the market is drying up !!!!
 
Posted By: <b>MW</b><p>He also had a 1933 Sport Kings Babe Ruth and several other vintage cards. Even after I showed him several other cards I was selling with damage (and correspondingly lower prices), he still had his doubts.


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