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-   -   VCP rant (http://www.net54baseball.com/showthread.php?t=143095)

Sterling Sports Auctions 10-28-2011 01:12 PM

Quote:

Originally Posted by terjung (Post 935237)
Data is data. It should be up to the person using the data to interpret and to filter what is important to them. Categorically removing (or not including) valid sales such as BINs biases the data.

+1, these are actual sales and they should be recorded the people receiving the data should get all the relevant information and if you choose not to use some yourself that is up to each individual.

By the Way, David James, why have you not learned that name calling is for children, once again you show your true colors, stick to the subject.

Lee

smtjoy 10-28-2011 01:17 PM

Not to get too technical but the initial 4 cards you have listed, look hard at how they were listed and how VCP parses them. From what I have seen in the past with auctions of mine that dont make it into VCP, a lot of times I had issues with my title.

I can see on your E90 Lajoie its condition is listed as SGC 3, I would bet this might have been kicked out because the program does not know if its really a 40 or a 30?. Also it does not list a E90-1, E90-2 or E90-3 so it didnt know the proper set. On the T206 McGraw you purchased the variation is listed as "CAP PORTRAIT"- PSA list them as - "Portrait No Cap" or "Portrait With Cap" no way to tell from your description which it is so I bet the software rightly rejected because of this. It looks like the T-206 Keeler was listed as BATTING and the listing needed to be "With Bat".

These might seem like little things but they are big issues for a program trying to understand a data feed. I am sure Bobby can tell you more of how this is handled but I would bet a large number of the auctions missing have these issues. Just look at how many auctions sometimes list the card as an SGC 50/ PSA 4 to try and market to those who collect both even thou the card is only an SGC 50.

I also think that some kind of time limit on relisted them is fair and should happen as someone could in theory photoshop the paypal printout and say what they want for price and email it in when they want to sell and accept what you are saying as fact. VCP can no longer look it up in ebay to verify it.

vintagetoppsguy 10-28-2011 01:26 PM

Quote:

Originally Posted by bowlingshoegiverouterguy (Post 935320)
By the Way, David James, why have you not learned that name calling is for children, once again you show your true colors, stick to the subject.

Lee, you're probably right. Name calling is for children. Then again, isn't hurling insults? Perhaps you should go re-read the thread and you'll see he hurled insults before I called names. Not to say that two wrongs make a right, but I'm just curious why you're calling me out for the name calling, but not calling him out for the inuslts? Well?

Cy2009 10-28-2011 02:00 PM

I don't understand why people don't want BINs on VCP. This service is not just for buyers. Sellers would also like to know what all of the prices are. Let me throw out two examples.

1) What if an auction was set up with a price where only one person bid on the card. That is just as good/bad as a BIN. But the BIN would not be recorded whereas the pseudo BIN is recorded.

2) What if you wanted to sell a card at a certain grade and, say, in the past 5 years there have been three auctions with an average price of $200 per card. And there have been three BINs with an average of $350 per card. Are these BINs not relevant since the same number of people bought this card?

Sellers also should know if there are people out there willing to pay a higher price to make sure that they get the card that they want at the grade. This would help a seller not having to settle on a lower price when statistics show that people are buying this card at his grade.

Finally, someone pointed out that he didn't want BINs because they don't reflect the market. This is confusing. If a card is sold at any venue, isn't that part of the market? There are many cards that have four sales or less in a particular grade over the past five years. Any sale would be significant for those statistics. So all data is relevant.

Cy

GoldenAge50s 10-28-2011 02:25 PM

I, too, feel that BIN's are just as relevant as an auction for VCP data. Either one can be market high or market low---it all averages out!

It is up to the USER of the data to figure out what pertains to his situation at the time, but to not have in ALL sales renders the data INCOMPLETE!

E93 10-28-2011 03:39 PM

Quote:

Originally Posted by Leon (Post 935004)
[B][U]At the end of the day it's less data on your site though. I do use VCP I just wish there were more recorded sales, for whatever reason. regards

For $100 you can have more recorded sales and referrals to your auction for 3500+ wantlists. It only takes one extra bid to pay for that $100 service. And the more info there, the better for the hobby (Some dealers may disagree.). Leon, you are a great hobby friend. I'm just sayin'... :)
JimB

Leon 10-28-2011 03:49 PM

Quote:

Originally Posted by E93 (Post 935358)
For $100 you can have more recorded sales and referrals to your auction for 3500+ wantlists. It only takes one extra bid to pay for that $100 service. And the more info there, the better for the hobby (Some dealers may disagree.). Leon, you are a great hobby friend. I'm just sayin'... :)
JimB

Jim- yes you are a good friend. Is there some part of "agreed...we will continue the service....." that you need help understanding?....just sayin'... :)

Jacklitsch 10-28-2011 04:06 PM

"...agreed...we will continue the service....."

Sorry, but I interpreted this as continuing Seth's service. Maybe Jim did too.

Leon 10-28-2011 04:10 PM

maybe....
 
Quote:

Originally Posted by Jacklitsch (Post 935366)
"...agreed...we will continue the service....."

Sorry, but I interpreted this as continuing Seth's service. Maybe Jim did too.

Maybe so and if that is the case then my mistake....however the rest of the message said this-

"After a high level meeting this morning we have decided to continue the service. It certainly had nothing to do with the $100 in our decision. It was more principle of being asked to do something we had never done AND We didn't know it was our s/w provider that was asking for the fee as mentioned above. We will talk to Bobby about it going forward. If it helps our bidders and/or consignors then we want to do it."



I guess I should add that I had already said we weren't changing s/w vendors for our auction. Maybe I am not communicating well again though?

steve B 10-28-2011 04:31 PM

The problem with BINs is that some serious price manipulation is possible.

I haven't seen it with normal cards, but I believe it was done with or maybe to Etopps. When I was following that stuff regularly there was a seller who would put up lots of 50-100 of one card at .01 - But also open only to preapproved bidders. Many of his sales were completed at very low price levels, so I asked to be approved. Surprise, I never heard back. And those very low sales drastically changed the average price for those cards. I've long suspected they were buying through another account at the lower prices expecting to do well once they stopped the manipulation.

How many sales of a prewar card at a "low" price would it take to skew the average? If some people don't look at the raw data they could assume the average to be lower than the actual average. Someone with decent inventory could in theory depress the market for a short period while buying.

Steve Birmingham

cobblove 10-28-2011 07:25 PM

.
 
Ive noticed this problem for a few years now. But has never been fixed. I dont think they can fix it. Looks like they manually put the info in so they probably dont do it every day.

ls7plus 10-29-2011 02:05 AM

Quote:

Originally Posted by rhettyeakley (Post 934928)
I will never understand why BIN's or Best Offers that are accepted are not included. When did the Market price become synonomous with "at auction" only. If you go buy something at Wal-mart for a set price is that not what that item is currently selling for? IMO every transacted card should be included or you are only getting part of the picture. Don't give me that it is easier to manipuate because you can shill an auction just as easy. I have never been a member of VCP and probably never will for the reason stated above.

+1

Larry

Rich Klein 10-29-2011 05:59 AM

BIN"s in VCP
 
I could have sworn that Bobby and I discussed that a few years ago and he started putting in BIN"s slightly after our chat. They are sales and for the 99 percent part, legit.

ETopps was another issue; but since Bobby was not covering ETopps, did not affect his service. The ETopps Tony Banks was especially messed up in pricing IIRC.

Rich

glynparson 10-31-2011 07:49 AM

Vcp
 
I am also not a fan anymore. They miss way to many obscure issues and non baseball items. in my opinion.

autograf 10-31-2011 09:29 AM

No dog in the fight here.........don't subscribe to VCP but see the value in the service.....
Nothing's perfect.........

I would think people who DO pay for the service would want BIN's.......even knowing that 98.9% of BINs are WAY overpriced and 1.1% of BINs are WAY underpriced........as long as all the BINs are noted as such.....

VCP could easily do an average priced sold for AUCTIONS (w/o BINS) and for ALL Cards (w/BINS). Seems like the disparity between those two numbers would be something else that people who like to futz with numbers would be interested in as well.............

barrysloate 10-31-2011 09:59 AM

As has been suggested earlier, VCP's only responsibility is to post transactions, not to interpret them. That's up to the reader. It doesn't matter if a BIN is double the market price or half of it, let the user determine how he wants to evaluate the information. So in that respect everything possible should be posted on the site (except private transactions, which can often be exaggerated, or entirely false).

BobbyVCP 10-31-2011 11:14 AM

We try our best to post all sales and the BIN's and BO's are notated, you can even use some of the filters set up so they show or don't.


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