Quote:
Originally Posted by cfhofer
Great comments/points! EBay provided (IMHO) the single biggest jolt to the sports memorabilia hobby in the last 30 years. While it may have accelerated the downfall of brick & mortar sport shops and local card shows, it had enough global accessibility to generate a true “market value” for our collectibles – while completely eliminating the middle man in the process.
Does snipe bidding establish a true "market value"? It is a flurry of independent single offers within the last 10 seconds of an auction. While it is almost foolish for a bidder to NOT snipe bid (as pointed out above), the seller is forced to play a game of “Russian roulette”. Now some sports collectibles (vintage cards instantly come to mind) generate enough bids that a seller typically makes out ok. But for vintage sports memorabilia it is a total crapshoot on eBay.
Is it a coincidence the high quality vintage sports memorabilia has dried up on eBay over the last few years? Sure an occasional antique dealer puts up a cool piece, but those are few and far between. It seems that more and more high quality pieces are making their way to a plethora of sports auction sites instead – which has reestablished the middle man that eBay helped eliminate. Has the hobby now come full circle?
Great discussion this morning!!
|
I agree that high-quality vintage sports memorabilia on eBay has indeed dried up. No doubt about it... But I believe sniping has little (if anything) to do with it.
I believe the two biggest reasons are as follows...
1. eBay has reached A LOT of incremental people over the past decade. And with regard to the rare/high quality pieces, collectors tend to stash these items away and keep them in their collections. Therefore, there is just less of the good stuff out there and less available for sale than before.
2. Ebay's fees and other recent policies have all tended to assist the Buyer (rather than the seller). They've contunually jacked up their fees, made PayPal an expensive requirement, and have made the feedback system a joke (in which only Sellers can be rated). In disputes, they almost always side with the Buyer over the Seller.
For those reasons, I never sell on eBay anymore. It has zero to do with sniping... I can simply get a better deal with the Auction Houses. Most Catalog Auctions can offer me a lower commission, and equal/better representation. IMO, the only advantage eBay still has is the speed of payment.