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#1
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Done trying to deal with sellers on ebay
I have a pretty limited array of things I am looking for at this point and am tired of the inflated crazy prices sellers are asking for anything Ruth, Gehrig, Cobb, Mantle, etc. related. Will stick to the auction houses for a while.
Case and point: Memory Lane just had a Babe Ruth 1920 cut strip card (W 516) (A) that failed to sell in their I Own it Now for $495. And they were taking offers for lower. People on eBay selling same card for BIN at $1300, $1400, and more. I get it. You can list a card for anything you want. But I keep seeing cards on eBay that are conservatively 250% - 500% higher than they should really be. Last edited by Snapolit1; 03-16-2016 at 02:09 PM. |
#2
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This has been discussed a lot. Yeah if they were to sell it at auction the card would sell for far lower.
However there are people out there that dont care about resell of the card and want the card now apparently. Sometimes paying 5X the price is worth it for people. We dont live forever and why wait for something for 5 years (talking generally, i dont know how available the card at issue is ) if you can buy it now. we buy things all the time that we lose money on.....most home improvements you are lucky to get a fraction of what you paid...everything isnt about re-sale, sometimes its just about availability and/or time among other things Last edited by 1952boyntoncollector; 03-16-2016 at 02:28 PM. |
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I hear you, and I am sure I've fallen in love with cards and overpaid on BIN. But month after month I see the same Ruth cards just get listed and relisted and relisted and relisted. Odd. Some chewed up SGC 10 listed for more than a 50 just sold for last month. Just seems like a bizarre way to do business.
Last edited by Snapolit1; 03-16-2016 at 02:33 PM. |
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707 Sports Cards is one of the worst. He puts a date stamp watermark on all his images. Here is one from 2008...
http://www.ebay.com/itm/1910-T206-ML...l3nyvclslHWafQ If he would just price his cards reasonably, he would make less profit margin, but his overall profit would be much greater because he would turn over his inventory quicker. How do some people stay in business? I really don't get it. I wonder how much he's paid in re-list fees over the 8 years this card has been on eBay? |
#5
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Quote:
Last edited by Peter_Spaeth; 03-16-2016 at 02:52 PM. |
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Levi and Jimmy are doing just fine. They have no financial need to rush through their inventory
Rich
__________________
Look for our show listings in the Net 54 Calendar section |
#7
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Quote:
In any other business, these guys are idiots. Ever see a house (average house because we'we talking average cards) set on the market 8 years? Ever see a car sit at a dealership for 8 years? Where, please tell me where else in the world, people hold onto inventory for 8 years (I'm not talking something obscure, I'm talking something that can be found readily available). |
#8
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If I remember correctly I clicked on Levi's 52 topps registry set and saw a PSA 10 52 Mantle. I have to agree with Peter here if those guys nended to sell quickly they could. They seem like they're doing fine to me.
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Successful transactions with peter spaeth, don's cards, vwtdi, wolf441, 111gecko, Clydewally, Jim, SPMIDD, MattyC, jmb, botn, E107collector, begsu1013, and a few others. |
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I agree that ebay is filled with overpriced BINs. Just want to play devil's advocate.
I sell on ebay using BINs, and I try to have fair prices. One problem with selling things at market prices is that people quickly buy up your best inventory. Whenever I get a chance to buy a nice group of cards, the best stuff (Cobbs, Mattys, Youngs etc) gets bought up pretty quick, and my inventory starts looking less and less appealing until I have my next opportunity to add new stuff. There is definitely some (though hard to quantify) value to maintaining quality inventory. Is it enough value to make up for not turning your inventory over, and paying ebay to list the same Ruth card for years? Not to me, but I can imagine that some sellers might have reasons why it makes sense for them. |
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Quote:
It sucks for buyers but anyone who has overpaid for a BIN has enabled this to happen. Nobody else is to blame. |
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most home improvements you are lucky to get a fraction of what you paid..
That would be breaking news to flippers and investors. I wonder sometimes where you come up with this stuff! It's literary likness to stream of consciousness posting
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"Trolling Ebay right now" © Always looking for signed 1952 topps as well as variations and errors Last edited by Republicaninmass; 03-16-2016 at 02:37 PM. |
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Quote:
Anyway, i do understand that there are items that are there just to get others to look at your other things. I get that. It real hard to sell things when there are set breaks on the same item every month though. Back to the housing analogy, i have seen houses for sale for a price that noone would ever pay for it either....sometimes years go by..its like they are waiting for a foreign investor to overpay..i guess sometimes that happens..but only takes one.. Last edited by 1952boyntoncollector; 03-16-2016 at 03:17 PM. |
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I have seen some crazy E-Bay prices just snooping, and usually a quick trip to VCP confirms that, but for the most part, usually the prices are not that far apart. (post war anyways)
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52 Topps cards. https://www.flickr.com/photos/144160280@N05/ http://www.net54baseball.com/album.php?albumid=922 |
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