Is Heritage that much better than EBay?

[Rhotchkiss]

The first picture is of final prices on two t206s that ended on eBay tonight in a Greg Morris auction. The next two pictures are of the closing prices of the same cards in Heritage a few months ago. In a world where prices keep going up, why did these two, stud cards with rare backs, sell for less today? Does heritage command that much better results than eBay?

Walter Johnson - from $14,400 in July in Heritage to $12,600 today
Mordecai Brown, Cubs shirt - from $11,700 in July in Heritage to $9,219 today

[sando69]

hey ryan-
i've asked myself that same question numerous times.
then again, i've also asked countless times if pwcc and probstein are that much better than their competition on ebay!

[Snapolit1]

My guess is that as price escalation goes insane on well known cards and household names some of the “stud” cards like high end tobacco cards and the like will begin to suffer.

[rats60]

Because eBay auctions can be sniped. The under bidder doesn't have a chance to place another bid. Often auctions end for below market prices. On Heritage if you are out bid, you have a chance to place another bid.

[joejo20]

Originally Posted by rats60

Because eBay auctions can be sniped. The under bidder doesn't have a chance to place another bid. Often auctions end for below market prices. On Heritage if you are out bid, you have a chance to place another bid.

I agree and I almost always bid higher at an auction house because I am given the opportunity to do so. On eBay I usually set my snipe and see what happens when the clock runs out. Joe


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[frankrizzo29]

Because eBay auctions can be sniped. The under bidder doesn't have a chance to place another bid. Often auctions end for below market prices. On Heritage if you are out bid, you have a chance to place another bid.[/QUOTE]

+1

Personally, I am also leary of a card if it comes up in another auction relatively soon. Did the person get the card and see something they don't like about it? Also, I believe that there are a number of people who get caught up in bidding on a card because they don't want to lose, and end up paying more than they wanted to or more than they could afford to pay, so they try to quickly unload it, even if it's for a loss.

[Throttlesteer]

Yes, you di6nt have to deal with scammers. The AH deals with the bidder issues and you don't have to worry about the countless cons these idiots are pulling on Ebay.

[egbeachley]

How about simply because the high bidder with Heritage was not in the bidding on eBay? So now the Heritage underbidder is bidding against easier competition.

Never resell an item that close in time from winning it. Common sense.

[Casey2296]

Yes, the reputable auction houses are better than eBay on the whole. I'm willing to pay the vig at an auction house for them weeding out the trash and giving me options I just don't have on eBay, plus there is a level of trust with an AH. I've gotten great deals at AH and great deals on eBay, I've also overpaid at both places to acquire something. For example, I've been looking for a centered 58T Aaron yellow letter for a long time, EBay has nothing but shit to offer, either condition wise or price wise. I'm sure when I finally get one it will be from an AH.

It's interesting that Johnson sold for about the same price both times once you remove the AH premium. Unfortunately the seller got hammered coming in and going out for about a 30% loss.

[rats60]

Originally Posted by frankrizzo29

Because eBay auctions can be sniped. The under bidder doesn't have a chance to place another bid. Often auctions end for below market prices. On Heritage if you are out bid, you have a chance to place another bid.

+1

Personally, I am also leary of a card if it comes up in another auction relatively soon. Did the person get the card and see something they don't like about it? Also, I believe that there are a number of people who get caught up in bidding on a card because they don't want to lose, and end up paying more than they wanted to or more than they could afford to pay, so they try to quickly unload it, even if it's for a loss.[/QUOTE]

They also can be trying to make a quick profit and have a friend place a bid to protect their investment. Then if it doesn't exceed what they paid, they can cancel the auction. eBay is always a crap shoot unless the seller is well known.

There was a card that I was out bid at a major auction that was almost immediately listed on eBay and sold slightly less. I ended up buying the card from another major auction house for even less. That may have been such a case where the buyer got caught up in the heat of an auction.

[sbfinley]

Originally Posted by rats60

Because eBay auctions can be sniped. The under bidder doesn't have a chance to place another bid. Often auctions end for below market prices. On Heritage if you are out bid, you have a chance to place another bid.

Oh god, I would be broke and divorced if eBay had extra time bidding.

[Rich Klein]

In simplest terms, whether you like Heritage (or other reputable) auction houses or not, for various reasons they are more likely to get you what you won than some EBay sellers.

1) You will see in a real clear scan what you are bidding on,

2) You will receive said item in the condition you noted from seeing the scan.

3) There is plenty of recourse on the off-chance something goes haywire.

Regards
Rich

[PhillyFan1883]

Originally Posted by Rhotchkiss

The first picture is of final prices on two t206s that ended on eBay tonight in a Greg Morris auction. The next two pictures are of the closing prices of the same cards in Heritage a few months ago. In a world where prices keep going up, why did these two, stud cards with rare backs, sell for less today? Does heritage command that much better results than eBay?

Walter Johnson - from $14,400 in July in Heritage to $12,600 today
Mordecai Brown, Cubs shirt - from $11,700 in July in Heritage to $9,219 today

Ryan I think this is a product of the card trading too soon after that first sale you noted. I have noticed a pattern for a long time- that if there is a recorded sale out there of a specific card/serial number, and its trades again the same year or within a year- often times the second go round struggles to reach the first sold number. Especially on 5k and above card. Cards like these should be held at least 2 years or so if the intention was to resell on a public platform. Private sale is a whole different ballgame- timetable doesn't matter as much IMO..

[Exhibitman]

There are a number of sophisticated collectors who do not use eBay for all the reasons we know and love (shilling, fakes, etc.). They rely on AHs to collect because the AHs at least weed out the nimrod sellers.

[chriskim]

I feel bad to those people who still think they can buy things from AH and make a profit on eBay. Prices on AH always jerk up but I have no doubt people can still find "good deals" there. Well, at least u can set your own reserve price on eBay but those fees add up selling on eBay and troubles dealing with buyers and potential returns etc making eBay is a buyer's platform.

[rats60]

Originally Posted by chriskim

I feel bad to those people who still think they can buy things from AH and make a profit on eBay. Prices on AH always jerk up but I have no doubt people can still find "good deals" there. Well, at least u can set your own reserve price on eBay but those fees add up selling on eBay and troubles dealing with buyers and potential returns etc making eBay is a buyer's platform.

Some people like to buy high end cards from auction houses and "display" them on eBay.

[icurnmedic]

Too soon and time of year. I personally try not to sell during the Holidays. Maybe only marginal difference in prices but there seem to be less under bidders. My experience only.