I don't think there is a lack or decrease of high quality stuff being sold. I think there is just less of it on ebay. I think the biggest reason is that small sellers would rather wait on getting paid by a large auction house than deal with the hassle that ebay has become for all but the largest sellers.
I think the fact that less is on ebay and more in AH's has led to more people no longer putting in the search time on ebay and just waiting for the AHs to come around. This has led to lower final prices on ebay and more people just using BIN with BO and waiting for the right offer to come around.
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