The Inevitable Demise of eBay....
For years I've had a daily eBay search of which "psa t206" auctions are ending that day. Of course I exclude all of the outrageous "buy it nows" that dealers use to showcase, rather than sell, their inventory..
Filtering out the buy it nows, as of this moment, 9 P.M. Pacific, there are scheduled to close 10 PSA t206 auctions on Thursday, 2 on Friday and only 13 on Saturday (7 of which are from Net54's own Larry!) The next 3 days only have 25 auctions of PSA graded T-206s. Back in the day, you had at least 100 closing every day. What has happened?
I have to think that part of it must be contributed to people not wanting to compete with the current auctions....as prospective buyers have a lot of cash tied up in potential winning bids. But I think the biggest factor is those "showcase dealers" that I was referring to earlier. They make up 92.2% of the total listings! That means you have to sift through 100 "auctions" just to find 7 or 8 REAL auctions. Why can't there be a "buy it now" eBay and a completely separate auction eBay site? This is just TOO MUCH!!
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The other white JP....
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