Overpriced cards

[Econteachert205]

Price is truth

Ie

1. If you list an item on ebay with a 7 day auction you are more likely to gain a higher realized price than a 3 day auction

2. If you use rea you are more likely to gain a higher realized price than a local auctionzip listing.

3. If you list an auction with no reserve and there is a duration there is varying odds as to how many interested parties will engage in bidding

In all cases the price accurately reflects the market

Houses in 2007 sold for crazy money. Houses in 2011 sold for next to nothing. Both were accurate reflections of the markets. Like Henry Hazlitt said Americans are like Dr Jekyll and mr Hyde. We want the best deals as consumers and the highest prices as producers. I accept that in selling my cards that I have never sold for a "low price" or "high price". Only that I sold cards which reflected whatever the particular market I sold them in performed at at that time.


But I do agree that some people are just listing cards where no market will ever support them.