What's the deal with this T206 on ebay?

[OldSchoolBaseball]

I saw yesterday a SL'er Kiernan sell at auction for $675 for a PSA 6.5. In looking closer it is the same one TBarlage sold on 2/14 for $1,030. Was this person looking for a quick profit on an already inflated sale? They also did this with a PSA 6 Lajoie.

Just an observation of crazy ebay.

[JP]

You may want to do some research before posting. Not sure why you would think that barlage's sales to me were inflated. In fact, what I bought the Lajoie at happened to be the lowest recorded sale of that card according to five years of data at VCP of eBay and auction house sales.

[Jim VB]

Originally Posted by JP

You may want to do some research before posting. Not sure why you would think that barlage's sales to me were inflated. In fact, what I bought the Lajoie at happened to be the lowest recorded sale of that card according to five years of data at VCP of eBay and auction house sales.

Leon, please lock/delete this thread, as I don't wish my business on eBay to be discussed in an open forum.

Looks to me like he actually did some research.

One of the risks you take when you flip cards is that this might happen. It's not totally dis-similar from daytrading in the market. Some winners. Some losers.

The OP didn't attack you personally. In fact, he didn't even point out it was you. I bet he didn't even realize that the person he was discussing was a board member. Most of us would have never know if you hadn't spoken up.

I see no reason to lock or delete a thread.

[JP]

My intention was not to flip the cards. I had my reasons for selling so quickly after buying. I do not wish this discussed any further.

[cfc1909]

I watch that kind a stuff and would not have known it was you...

[Jim VB]

JP,

1. I don't need any PM's. Anything you have to say can be on the board.

2. I fully understand that you'd prefer not to discuss this on the board. We would not be doing it, except that you told us you were the seller.

3. Would you mind explaining these transactions?


http://cgi.ebay.com/ws/eBayISAPI.dll...m=310194230320

and

http://cgi.ebay.com/ws/eBayISAPI.dll...m=300400375664


Looks to me like someone sold a card to a buyer (6***f) for $248.50.
Less than a month later, you sold the exact same card to the exact same guy (6***f) for $185.48.


I'm interested in the theory behind this business model. Thanks in advance.

[Mikehealer]

Originally Posted by JP

You may want to do some research before posting. Not sure why you would think that barlage's sales to me were inflated. In fact, what I bought the Lajoie at happened to be the lowest recorded sale of that card according to five years of data at VCP of eBay and auction house sales.

Leon, please lock/delete this thread, as I don't wish my business on eBay to be discussed in an open forum.

Actually one sold for $810 on 4/27/2008, which is over a 20% discount to what you paid on Valentines Day.

[JP]

Originally Posted by Mikehealer

Actually one sold for $810 on 4/27/2008, which is over a 20% discount to what you paid on Valentines Day.

Incorrect. That card had a qualifier. So it was really a PSA 4, not a PSA 6. The price I got it at was unprecedented.

[Mikehealer]

Originally Posted by JP

Incorrect. That card had a qualifier. So it was really a PSA 4, not a PSA 6. The price I got it at was unprecedented.

Not according to the scan that is linked to that sale. And the PSA cert#14921375 checks out as a PSA 6 Lajoie.
In fact that buyer flipped the card successfully two months later for a $300 profit.

[OldSchoolBaseball]

I did not know who you were (didn't really matter) - but now we all know.

Sorry just can't understand why Ray Ryan SGC 80 was bought at $780 and 12 days later you sell for $456 ???

If you tried so hard to outbid folks for cards, I would think you wanted them real bad. Not a problem for me.

If you want to take a $1,000 loss in a few days to flip cards, go for it. Just an observation as to the insanity of ebay sometimes, not a personal attack.

No need to send me anymore PM. I get it!

[JP]

Originally Posted by OldSchoolBaseball

I did not know who you were (didn't really matter) - but now we all know.

Sorry just can't understand why Ray Ryan SGC 80 was bought at $780 and 12 days later you sell for $456 ???

If you tried so hard to outbid folks for cards, I would think you wanted them real bad. Not a problem for me.

If you want to take a $1,000 loss in a few days to flip cards, go for it. Just an observation as to the insanity of ebay sometimes, not a personal attack.

No need to send me anymore PM. I get it!

if you truly "got it" you wouldn't have posted this followup filled with inaccuracies. It was not purchased or sold with the intention of flipping, as I already told you. What you may classify as "insanity" may be the result of a situation youdont fully comprehend. Doesn't mean it is insane...