Quote:
Originally Posted by Touch'EmAll
If ebay listings dry up real quick, then that reduces supply. Assume demand stays the same, then you have increasing prices. Increasing prices as in more spendy than the last year - oh, boy, up up up go the values yet again ?
Forget nice condition pre-war, forget PSA 7 & 8 the 50's & 60's HOF star cards, now all I can afford are 1970's stars in PSA 7 and splurge on a PSA 8. Or heck with it all and buy raw Steph Curry & Giannis cards, call it good.
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Can definitely see Ebay losing some listings as sellers who aren't flat out businesses don't want to risk getting a 1099 and suddenly have to start reporting such activity for tax purposes. Can see them moving to other venues besides Ebay, where they can be paid by check or M.O. instead, or possibly start consigning through a big online seller or auction house that doesn't report and send 1099s to them. Using our forum's B/S/T is just such an option. No one likely reports anything on here to the IRS, nor are they required to by the forum. And the forum itself isn't required to keep track of and report anything to the IRS either (at least not yet). This could actually be a good thing for shows, flea markets, and such, going forward, as sellers are possibly motivated to go out and about again so as to not have to worry about their sales being reported to the IRS.