Getting sick of the more obvious frauds

[Runscott]

Originally Posted by sylbry

I long for the day when sellers price their cards at what they are willing to take rather than going on a fishing trip to see what they can get.

The above is exactly what I was talking about when I posted (immediately before it) "This has been explained before, but I don't think anyone's listening."

[Leon]

Originally Posted by Runscott

The above is exactly what I was talking about when I posted (immediately before it) "This has been explained before, but I don't think anyone's listening."

I understand that business model ebay is dictating. It still sucks.

[Runscott]

Originally Posted by Leon

I understand that business model ebay is dictating. It still sucks.

It does. Also, if you think about how ebay auctions were run 10+ years ago, our complaint was normally that starting prices were too high. No biggy - we simply didn't bid, they were eventually run at lower starting prices, and they sold for market value. What caused that situation? My guess is that generally it was unknowedgeable sellers who didn't want to get screwed, not people looking for suckers.

I think some of the high BIN's are due to the same, and also to sellers paying too much for inventory. I've carefully priced out large lots in the past, bid them almost up to retail (non-ebay), then found the lot broken up on ebay a few weeks later, with very high BIN's. Many of those cards are still doing the 30-day cycle on ebay, and will HAVE to sell at what some of you consider "sucker" prices in order for the seller to make any profit. You can blame the seller for paying too much, but he's not going to back down on a $50,000 group of cards.

A lot of dynamics going on.