Quote:
Originally Posted by drcy
Not quite an offer story, but I've experience the curiosity of buyers and collecting psychology. One of my favorites was years back I had a mint condition 1950 R423 13-card strip including the cards of Ruth, Gehrig and Ty Cobb-- tiny gumball machine cards with perorations. I put the strip on eBay twice with min bid of $100 with no takers, then a third time with a min bid of $75 with no bids. I finally relented, took apart the cards at the perforations and put them up as single card lots. The Ruth, Gehrig and Cobb singles sold for well over $100 each, and the rest of the singles totaled over $150.
I also once had a Cal Ripken rookie that got no bids, so I relisted the same day with lower minimum bid and it ended up selling a week later for more than the first minimum bid.
So eBay can be a psychology experiment.
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right when bidders see someone already bidding it 'validates' the value for some reason.. BIN's some people never look at assuming its always way to high
I've had BINs listed with no takers and at auction on same it goes for more...also I said on another post..the last PWCC auction..many 1954 topps psa 8 cards went for higher in the auction then the same card with same eye appeal was for sale in a BIN.....would of been cheaper just to buy the BIN...