The Leon Luckey Type Card Collection – Bidding Ends on Thursday - August 13, 2015

[1952boyntoncollector]

[QUOTE=BobC;1443146]Tom,

Yes, I saw that also there were multiple bidders above the final price that Leon's W511 cards achieved. That is what didn't make sense and why I brought it up. I was wondering if there was some credence to the point one person made about the auction getting better results if a different AH were used. It certainly isn't a PSA versus SGC issue as I wouldn't call the W511 cards a normal set that someone would try to establish as the top set on the PSA registry. And besides, PSA only gave it an Authentic grade whereas SGC gave both of Leon's cards a numerical grade.

I'm guessing the Ebay bidders were possibly not bidding in the Heritage auction, or even aware of it. I am sure there are a lot of people that bid on Ebay that don't use auction houses because they either don't know, or don't care, about the AHs, or may even figure that they would pay more through an AH what with the buyer's premium and such that usually gets tacked on to the hammer price. In this case, it turned out to be just the opposite, and only three days after Leon's auction ended!



Sometimes Ebay gets bidders who dont want to wait months on an auction..and Paypal by credit card is a lot easier than sending a check in the mail....

[Peter_Spaeth]

For the 100,000th time you don't pay more with an AH because of a buyer's premium.

[BobC]

Peter,

Absolutely agree with you but, for a vast number of people, that is a perception that the Buyer's Premium somehow means they are paying more. For a lot of people, perception is reality, deserved or not. Same thing may possibly be said about sales tax. A major auction house like Heritage is in multiple states and due to the volume, frequency and dollar amount of auctions they run, they have to follow the letter of the law and properly collect sales tax on many, if not all, items they sell. On Ebay there are some legit businesses that collect sales tax but, even then, it is probably for only one state, not many. And there are what I would think is a decided majority of sellers that treat selling on Ebay as a casual sale, similar to if they are just having a garage sale. They don't register as a vendor in their state and collect sales tax from anyone in such cases.

This is exactly why stores will price items at $4.99 and not an even $5.00. It is why gas stations charge $2.72-9/10 per gallon and not an even cent amount. It is all about perception and what people perceive. If not, why don't all auction houses not bother charging a separate Buyer's Premium as an add on to the hammer price of an auctioned item? If everyone truly factors in such Buyer's Premiums when they're bidding then they could tell seller's they'll just get X percent of whatever the final hammer price is for their commission and everyone should end up in the same place as if they added a separate Buyer's Premium. It doesn't happen though. Some, not all but, some bidders will not factor in the Buyer's Premium, especially in the excitement of the auction format, and end up bidding more than they maybe would have otherwise. And even if they don't end up winning the auction, they make someone else who was determined to win a particular item have to pay more than they maybe would have had to otherwise.

[begsu1013]

I'm guessing the Ebay bidders were possibly not bidding in the Heritage auction, or even aware of it. I am sure there are a lot of people that bid on Ebay that don't use auction houses because they either don't know, or don't care, about the AHs, or may even figure that they would pay more through an AH what with the buyer's premium and such that usually gets tacked on to the hammer price. In this case, it turned out to be just the opposite, and only three days after Leon's auction ended!



Sometimes Ebay gets bidders who dont want to wait months on an auction..and Paypal by credit card is a lot easier than sending a check in the mail....

where is george carlin or dennis miller when ya need them?

ok, i will give it a stab...

i am one of these people, yet i don't feel like i necessarily get better deals on ebay. i feel like i do save time and a ton of aggravations though.

and i don't wanna go off on a rant here, but:

1. there's too damn many of them.

2. the range of different buyer's premiums
____a. this one always get's me: 19.5%*

* just call it 20% and quit fn toying w/ me. you're not doing me any favors by playing coy @ "19.5%" and keeping it under the unmagical number of 20%.
as if simply calling it a 20% buyer's premium is gonna put you in the scumbag class. you know what does put you in that class? going up to 19.5% and getting as close to that unmagical number as you possibly can w/o just being the guy that simply says: "20% buyers premium".

3. i don't want to have to create 20 different accounts and:
____a. divulge my personal info to a bunch of randars
____b. subject myself to give out references (really?)
____c. create another user id to remember (b/c you wont let me use the one i want)
____d. create another password to remember
_______1. some require capital letters
_______2. some require special characters
_______3. some require letters and numbers
_______4. some require capital letters, special characters, letters and numbers
_______5. however, i can rest assured knowing that they will never allow me to use the password i actually want to use.

4. wait around for the wizard to approve me

5. not be able to pay via paypal or at least via credit card
____a. you want me to send ya a check? really. should i send it via horseback? it's 2015 for mastro's sake!
____b. who doesn't like points, free trips or 2% cash back?
____c. who doesn't like 1 - 30 days of free money?
____d. who doesn't want someone else having your back should something transpire

6. not be able to pay w/ a credit card AND not have a fee tacked on
____a. see 2. you've already got me for "19.5%".
____b. now ya wanna charge me another 3% to take my credit card?
____c. go ahead and tack on that processing and handling fee while you are at it.


7. sit around and "preview" for a solid month before the auction starts**

8. then wait around for another month for the auction process**

** as if 7. and 8. weren't enough...i just love this sh!t coming up next: love potion 9.

9. then wait around some more to engage in the wonderful extended bidding war process
____a. just plain bullsh!t if ya ask me
____b. see 7. we've already waited a month to begin with
____c. after 2 fn months of previewing and auctioning, you want me to sit up til 4am and 5am so the bidders can toy w/ each other?


10. shipping.
____a. wont name names, but it took one auction house 3+ weeks to get my package in the mail***

*** not to me. just dropped off. 3+ weeks.

11. no recourse if the ball is dropped
____a. at least w/ ebay if someone screws up. i can neg feedback them and/or caution others
____b. w/ an auction house, what are ya gonna do?

12. i simply cant look at 1 page and see all the items i'm interested in.

13. sales tax.

14. THE FN BUYER'S PREMIUM!
____a. simply hate any buyer's premium. charge that sh!t to the seller. or better yet, simply throw that sh!t up on ebay. let me see it and let's iron out a deal directly where the only fee is via paypal.


could go on and on. i've tried a few different auction houses and to me, it's simply the old school way of doing business. not that there's anything wrong w/ it. it's just not for me and i doubt it will be around for too much longer. "too much longer" being a relative term.

hell, even the auction houses are getting wise these days and advertise their auctions w/ an actual ebay listing and even heritage allows you to login w/ your paypal account and pay (up to $5K, i think) using them....

believe this is fairly recent and a wise move.

again, "fairly recent" being a relative term. as i know this wasn't an option in 2013.

ok, that's enough. auction houses rock. they are the best, yada, yada, yada.

[David R]

Originally Posted by begsu1013

where is george carlin or dennis miller when ya need them?

ok, i will give it a stab...

i am one of these people, yet i don't feel like i necessarily get better deals on ebay. i feel like i do save time and a ton of aggravations though.

and i don't wanna go off on a rant here, but:

1. there's too damn many of them.

2. the range of different buyer's premiums
____a. this one always get's me: 19.5%*

* just call it 20% and quit fn toying w/ me. you're not doing me any favors by playing coy @ "19.5%" and keeping it under the unmagical number of 20%.
as if simply calling it a 20% buyer's premium is gonna put you in the scumbag class. you know what does put you in that class? going up to 19.5% and getting as close to that unmagical number as you possibly can w/o just being the guy that simply says: "20% buyers premium".

3. i don't want to have to create 20 different accounts and:
____a. divulge my personal info to a bunch of randars
____b. subject myself to give out references (really?)
____c. create another user id to remember (b/c you wont let me use the one i want)
____d. create another password to remember
_______1. some require capital letters
_______2. some require special characters
_______3. some require letters and numbers
_______4. some require capital letters, special characters, letters and numbers
_______5. however, i can rest assured knowing that they will never allow me to use the password i actually want to use.

4. wait around for the wizard to approve me

5. not be able to pay via paypal or at least via credit card
____a. you want me to send ya a check? really. should i send it via horseback? it's 2015 for mastro's sake!
____b. who doesn't like points, free trips or 2% cash back?
____c. who doesn't like 1 - 30 days of free money?
____d. who doesn't want someone else having your back should something transpire

6. not be able to pay w/ a credit card AND not have a fee tacked on
____a. see 2. you've already got me for "19.5%".
____b. now ya wanna charge me another 3% to take my credit card?
____c. go ahead and tack on that processing and handling fee while you are at it.


7. sit around and "preview" for a solid month before the auction starts**

8. then wait around for another month for the auction process**

** as if 7. and 8. weren't enough...i just love this sh!t coming up next: love potion 9.

9. then wait around some more to engage in the wonderful extended bidding war process
____a. just plain bullsh!t if ya ask me
____b. see 7. we've already waited a month to begin with
____c. after 2 fn months of previewing and auctioning, you want me to sit up til 4am and 5am so the bidders can toy w/ each other?


10. shipping.
____a. wont name names, but it took one auction house 3+ weeks to get my package in the mail***

*** not to me. just dropped off. 3+ weeks.

11. no recourse if the ball is dropped
____a. at least w/ ebay if someone screws up. i can neg feedback them and/or caution others
____b. w/ an auction house, what are ya gonna do?

12. i simply cant look at 1 page and see all the items i'm interested in.

13. sales tax.

14. THE FN BUYER'S PREMIUM!
____a. simply hate any buyer's premium. charge that sh!t to the seller. or better yet, simply throw that sh!t up on ebay. let me see it and let's iron out a deal directly where the only fee is via paypal.


could go on and on. i've tried a few different auction houses and to me, it's simply the old school way of doing business. not that there's anything wrong w/ it. it's just not for me and i doubt it will be around for too much longer. "too much longer" being a relative term.

hell, even the auction houses are getting wise these days and advertise their auctions w/ an actual ebay listing and even heritage allows you to login w/ your paypal account and pay (up to $5K, i think) using them....

believe this is fairly recent and a wise move.

again, "fairly recent" being a relative term. as i know this wasn't an option in 2013.

ok, that's enough. auction houses rock. they are the best, yada, yada, yada.

+1 I have never bought or sold anything in an auction because it just seemed like a pain in the ass to me. I never complained about it or bothered to think about all the reasons why it was a pain, or to catalogue the reasons, but I got a kick out of this list and agreed with a lot of it. That said, I do enjoy looking at the listings and descriptions, and Leon's in particular was amazing to see.

[Peter_Spaeth]

I just don't see why it's a pain in the ass. You bid, if you win you get invoiced, you pay, they ship your card. A little slower than ebay in most (but not all) cases but so what?

[Econteachert205]

I have to say I'm in the camp of preferring ebay to auction houses. My reasons are similar to some stated. I hate registering for each different auction house. When an ebay auction ends, it actually ends!! I'm not a high end collector with an unlimited budget, so ebay keeps me limited to what's on ebay. Also I just want to pay through paypal if possible. I registered for Leon's auction because it was special and I wanted to participate. Even though I didn't win anything I'm glad to have bid. I collect a little bit of everything, and could register for endless art antique etc auctions. In the end there is really only one reason I stick to ebay. I AM LAZY.

[ullmandds]

Sure...I like buying cards on ebay too...but you just don't get the quality on ebay you get in the big AH's. So if you're looking for tough cards...you just don't see everyday...there's no other game!

Originally Posted by Econteachert205

I have to say I'm in the camp of preferring ebay to auction houses. My reasons are similar to some stated. I hate registering for each different auction house. When an ebay auction ends, it actually ends!! I'm not a high end collector with an unlimited budget, so ebay keeps me limited to what's on ebay. Also I just want to pay through paypal if possible. I registered for Leon's auction because it was special and I wanted to participate. Even though I didn't win anything I'm glad to have bid. I collect a little bit of everything, and could register for endless art antique etc auctions. In the end there is really only one reason I stick to ebay. I AM LAZY.

[4815162342]

Originally Posted by ullmandds

Sure...I like buying cards on ebay too...but you just don't get the quality on ebay you get in the big AH's. So if you're looking for tough cards...you just don't see everyday...there's no other game!

+1