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Old 03-21-2019, 07:02 AM
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Quote:
Originally Posted by todeen View Post
Nominated: 1898 Harvard Baseball Championship Stein. Made of pewter. $6,750.

https://www.ebay.com/itm/RARE-1898-H...cAAOSwv9FXgxae

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Interesting...The seller of this item says he is the founder of Worthpoint. He should consider changing the name to Worthless point. That site has two fundamental flaws that harpoon the value of the site.

First, 99% of the results on Worthpoint are from Ebay. That in and off itself, isn't the problem. The problems are:

1) Ebay only sends him "some" of the pictures from each listing. Quite often you can't even see the item in it's entirety so it's impossible to draw any conclusions regarding the sale price. Many of his listings have only one photo and you'll never see more than three (even though many ebay listings include as many as 12).

2) The only sale prices displayed that you can have any confidence in are those in auction format and some times it's hard to tell if it was an auction. You have to look for odd selling prices like $97.43. For any item that was listed as a buy it now "or best offer", he shows you the listed price, not the accepted offer price. So you have no idea what the item really sold for. This renders a huge portion of his results suspect if not useless.

At best you can use the site to establish a fuzzy ball park of what is probably acceptable to pay or accept for an item. The site could be so much better if you saw actual results and from more than one source....and all the pictures.
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