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Old 04-20-2009, 12:54 PM
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Default eBay sales declining

Posted By: Bobby Binder

Since we track all graded card sales on eBay we also track the totals of daily sales that is not posted on our website but used more for internal use.

The first 3 months of this year compared to last year are down by a substantial margin.

Jan 08-$4M.....Jan 09-$3M
Feb 08-$4.6M...Fed 09-$3.2M
Mar 08-$4.6M...Mar 09-$3.3M

Sundays are the usual big day for ebay and it used to be $350K up to $450K for sales for the day, now it is barely crossing the $200K mark. The total number if transactions are basically the same and not that much of a difference.

So what is the reason for these numbers dropping so much? The card market in general is down, the quality of product is not as good? The private auction houses are pulling away the higher end cards for their sales?

Just some thoughts and where do you think it will go from here?

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