Let the bidding frenzy begin......

[Brian Van Horn]

Originally Posted by doug.goodman

On second thought, I think that the following rules should be implemented effective immediately :

#1 - It shall be against the rules to "out" any auction, by anyone, including the seller.

#2 - All auctions shall be run by me before they are posted on ebay or any other company site, or published in any catalog, so that I can see what they are, and if I want to buy the item, please refer to rule #1

Ahhh, ego reinforcement. Love it . I actually have a list I'd like to run by you, but it violates rule #1.

[doug.goodman]

Originally Posted by Brian Van Horn

Ahhh, ego reinforcement. Love it . I actually have a list I'd like to run by you, but it violates rule #1.

Drats! Foiled!

Revision of rule #2 :

#2 - All POTENTIAL auctions shall be run by me before they are posted on ebay or any other company site, or published in any catalog, so that I can see what they are, and if I want to buy the item, please refer to rule #1

That's better.

[Brian Van Horn]

Originally Posted by doug.goodman

Drats! Foiled!

Revision of rule #2 :

#2 - All POTENTIAL auctions shall be run by me before they are posted on ebay or any other company site, or published in any catalog, so that I can see what they are, and if I want to buy the item, please refer to rule #1

That's better.

Doug,

You're still my Hero .

[Bigdaddy]

'Outing' an auction is somehow considered bad?? So letting a card sell for less than the market value is good? Is that good for the seller?? Is that good for the community as a whole - artifically holding down realized prices so that one person can get a 'good deal'?

We're mostly free-market supporters here, right? Why would the community want to suppress demand for anything?

I don't get it, unless I'm only out for ol' #1 and you have 'outed' the auction that I was planning to get a steal on.

[ctownboy]

For those who think "outing" an auction is OK, I say you are wrong.

If you don't have the time (or are too lazy) to comb through page after page of over-priced cards or shiny new junk on eBay, I ask WHY you should get the advantage of bidding on or buying a card you did little to no work for?

If I person puts in the time on eBay to find an under-priced gem then I think they should get the reward for that effort.

I mean, how would YOU like it if YOU were to go to the National and spend hours walking the aisles and YOU found something under-priced in a dealers case and, just as YOU were going to buy it, I stepped up and said VERY LOUDLY, "Wow, look at how low priced this rare card is?". Would YOU be upset about that?

Look, people think it is OK, to drive around neighborhoods looking in garages with their doors open and out in the countryside for parked cars that might be for sale at bargain prices.

People think it is OK to study and learn about real estate and then go looking for bargain properties to buy.

People think it is OK to comb the Wall Street Journal or look on line for under-priced stocks that they hope to buy and make a profit on.

Hardly anybody begrudges these people their time and effort (work) that they have put in to these endeavors in hopes of making a profit so what is the difference about a baseball card?

If YOU were the guy who found the rare car or the under-priced piece of real estate or stock, how would YOU feel if, after all of YOUR time and effort, somebody else came along and let a heck of a lot more people know about what YOU had found and THAT caused the price to increase?

Personally, I would be pissed. I think the SAME consideration should go for outing auctions.

The only way I think an auction should be outed is if there is a misrepresentation that can be or should be corrected (for auction houses) or, if on eBay, a seller is trying to sell a fake or reprint and we think people should know about it so that they don't get ripped off.

That is just my two cents on this issue.

David.

[Jlighter]

Originally Posted by ctownboy

People think it is OK to comb the Wall Street Journal or look on line for under-priced stocks that they hope to buy and make a profit on.

And when people give a recommendation on CNBC or some other news network, people don't go in an uproar if it was their stock that they were watching.

[vintagetoppsguy]

Originally Posted by ctownboy

If I person puts in the time on eBay to find an under-priced gem then I think they should get the reward for that effort.

That is true. They should get that reward, if they choose. Then again, it's their information and they can also divulge it, if they choose. In this case, the OP put in the time on eBay to find an under-priced item (just as you described above), so it's his information to do with as he pleases. If he wants to keep it to himself, he has an opportunity to be rewarded for his efforts. Or if he wishes to divulge the information, so be it - it's his information because he put in the time/effort as you described.

[Bigdaddy]

One thing that Ebay has done is to bring together buyers and sellers (from around the world) and let the market determine the price of an item - better than almost any other mechanism that I can recall in my limited experience.

For every buyer that gets a 'steal', a seller loses a potential profit. If a fair price is agreed upon, then both parties walk away content.

I guess I just don't see what's wrong with letting the market work efficiently.

So yeah, I'd be bummed if I had a beeline on a mis-catagorized card on the Bay and thought I was going to get it for some less-than-fair price, but I've got no right to whine and complain because someone out-bid me.

[ullmandds]

David...well said!

[T206DK]

cry-babies .....man !!! these are baseball cards guys....not stocks,bonds,gold,real estate,or anything with real value. A card in an outed auction is only worth what someone is willing to pay. I , unfortunately could not trade the chevy dealer up the road some T206 hall of famers for a new car. he told me I had to have real money