Problems with VCP and the Hobby

[vintagetoppsguy]

Originally Posted by ezez420

...I am very curious though why VCP continues to present these closed prices when cards are NOT paid for...

I understand your point, but how is VCP supposed to know which auction items are paid for and which are not?

[Snapolit1]

I'd be happy if VCP even listed all the recent sales. I bought a number of higher end cards in the last year -- a few off ebay -- and they are listed nowhere. Pretty inexplicable.

[ezez420]

How? VCP pulls data from houses if they permit. You can see which houses permit. I think to help the hobby, they can help by sending data to VCP of cards that are not paid for. VCP can do a better job of making sure there data is accurate. Especially on cards that do not sell often.

[packs]

VCP is just a data mine. All of the information on VCP is information available to you as well if you search for it. You wouldn't know anything beyond a sale price unless you spoke to the buyer or the seller. I don't think it's fair to put that initiative on a service like VCP.

[Beastmode]

Originally Posted by packs

VCP is just a data mine. All of the information on VCP is information available to you as well if you search for it. You wouldn't know anything beyond a sale price unless you spoke to the buyer or the seller. I don't think it's fair to put that initiative on a service like VCP.

++ Don't kill the messenger (VCP). I love VCP and consider it a great resource. I also use POP reports, ebay completed sales, and if available, an AH"s archieves.

There at lots of outliers in VCP you need to ignore, (from the "buying-group" especially). It's not all subjective either. You need to see the trends and get a feel for demand, scarcity, and your own gut.

Always stay within your budget and you will never have to worry about shilling. This is a hobby, learn to enjoy coming in second.

[drcy]

I doubt that many to most auction houses would be willing to give out which lots were paid for and which not, which were sold to second place bidders, etc. 1) It's internal business and 2) it's extra work for no pay. I doubt that after a long day's work, an auctioneer, database manager or accountant says "Hey, let's crunch more numbers for free."

[tschock]

Originally Posted by drcy

I doubt that many to most auction houses would be willing to give out which lots were paid for and which not, which were sold to second place bidders, etc. 1) It's internal business and 2) it's extra work for no pay. I doubt that after a long day's work, an auctioneer, database manager or accountant says "Hey, let's crunch more numbers for free."

And it's not in their best interests. Lower realized prices this time lead to lower potential next time (in the psyche of the bidders).

[ezez420]

That is a terrible reason. This is a data feed. I would guess it would effect the online eBay auction houses the most but a program could be developed to feed this data at the end of the auction rather than instantaneously.

It is in their best interest to do it as ultimately people will be deterred from collecting. Which in turn leads to less consignments. Do you not think that many have not been deterred already from the precipitous manipulated drop in prices from before the National?

Originally Posted by drcy

I doubt that many to most auction houses would be willing to give out which lots were paid for and which not, which were sold to second place bidders, etc. 1) It's internal business and 2) it's extra work for no pay. I doubt that after a long day's work, an auctioneer, database manager or accountant says "Hey, let's crunch more numbers for free."

[Peter_Spaeth]

Originally Posted by drcy

I doubt that many to most auction houses would be willing to give out which lots were paid for and which not, which were sold to second place bidders, etc. 1) It's internal business and 2) it's extra work for no pay. I doubt that after a long day's work, an auctioneer, database manager or accountant says "Hey, let's crunch more numbers for free."

And I hate to say it, but it's in the AH's interest for people to think the sale was real.