Decline in eBay listings?

[Bpm0014]

It's a shame too because many collectors aren't aware of the auction houses and soley rely on ebay. When I started putting together my T206 set, I only knew about ebay. Halfway through I stumbled upon Net54 and auction houses. I then realized I overpaid for most of my set.

Same here!

[ullmandds]

it was inevitable...ebay has continuously jacked up selling/paypal fees...combined with not organizing/policing the vintage bb card area well at all. How many kicks to the groin can we take.

[Peter_Spaeth]

I completely disagree. If anything, the trend is going to be towards the ebay model and sellers such as PWCC and Probstein and others who are efficient, have lower costs, take a lower percentage of the realized price, and pay much quicker than most auction houses. Perhaps not for the very high end material, but for everything else.

[1952boyntoncollector]

Originally Posted by Bpm0014

It's a shame too because many collectors aren't aware of the auction houses and soley rely on ebay. When I started putting together my T206 set, I only knew about ebay. Halfway through I stumbled upon Net54 and auction houses. I then realized I overpaid for most of my set.

Same here!

well that would mean sellers are doing well on ebay versus other places for those cards..so not sure why the trend would be to list less of those cards if they are making the most money selling on ebay if you are stating you would of paid less at other places....you may of stopped but there are others doing the same thing..

[iowadoc77]

I think there is a good model with some of the sellers like probstein and PWCC, but the shill bidding drives me crazy so i usually just stay away because i know it will go for more than i want to pay. Each continue to have their place, but i do see the vast majority of high end stuff going the route of the auction houses, except for those incredibly over-priced BIN items that I think some sellers put on there just so people know they have them. Example E98 Ty Cobb PSA 9 for $43K ish. Been there a long time. As have many others

[Peter_Spaeth]

Auction houses, on the other hand, have no shill bidding issues, and stuff never goes higher than you want to pay.

[TanksAndSpartans]

This is a question I don’t know the answer to - If I have a card that sells for $500 in an eBay auction, I know I can get 88% by auctioning it off with a major eBay consigner. Are the Auction Houses competitive for cards in that price range? If my consignment sold for $500 with an AH, wouldn’t I only get a percentage of (500 minus the buyer’s premium)?

[pawpawdiv9]

Originally Posted by DezHood

This is a question I don’t know the answer to - If I have a card that sells for $500 in an eBay auction, I know I can get 88% by auctioning it off with a major eBay consigner. Are the Auction Houses competitive for cards in that price range? If my consignment sold for $500 with an AH, wouldn’t I only get a percentage of (500 minus the buyer’s premium)?

Correct me if wrong. But the consignor gets the final bid amount/hammer price
The buyer pays that plus the BP (buyer premium)
Scenario: If the buyer places a 500$ bid,and it hammers/ends at 500, then you get 500$
Now if the BV of it is 500$, then buyers would take the BP into consideration into their bids henceforth, their max would be near 420$ (BP would be 84$) and also consider the S/H plus taxes, which could make that even lower.

[Cubswin82]

Originally Posted by pawpawdiv9

Correct me if wrong. But the consignor gets the final bid amount/hammer price
The buyer pays that plus the BP (buyer premium)
Scenario: If the buyer places a 500$ bid, then you get 500$
Now if the BV of it is 500$, then buyers would take the BP into consideration into their bids henceforth, their max would be near 420$ (BP would be 84$) and also consider the S/H plus taxes, which could make that even lower.

The way most auction houses work is there is a BP (typically 20%) that the Buyers pay and a co-signment fee that the seller pays (or actually comes out of the final sales price)...which typically ranges from 5%-20% depending on what the item is and how much money the AH thinks they can make off of it.

So for instance...I want to sell an item and lets say it goes for $1,000. Well, when you consign it to the AH, you agree on a fee, lets say 5% in this case. So, if the hammer drops on final bid at $1,000...I get 95% of that so $950. THe buyer of that lot pays the $1,000 + 20% BP, so they are paying $1,200 for that item. The AH makes $250 in that case.

[Joshchisox08]

Originally Posted by iowadoc77

I think there is a good model with some of the sellers like probstein and PWCC, but the shill bidding drives me crazy so i usually just stay away because i know it will go for more than i want to pay. Each continue to have their place, but i do see the vast majority of high end stuff going the route of the auction houses, except for those incredibly over-priced BIN items that I think some sellers put on there just so people know they have them. Example E98 Ty Cobb PSA 9 for $43K ish. Been there a long time. As have many others

Eric how can you tell if there is shill bidding on a card ???