Problems with VCP and the Hobby

[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."

[packs]

I don't think a deterrence would have to do with reported sales prices. I think any drop in auction house participation is a reflection of mistrust.

[36GoudeyMan]

Not sure I know what/who that is, and what they do....

[MattyC]

Originally Posted by ezez420

Do you not think that many have not been deterred already from the precipitous manipulated drop in prices from before the National?

If one looks at an anomaly or outlier "sale" as either just that, or something more nefarious, such as a fake sale, then one logically shouldn't view subsequent prices lower that that data point as a "precipitous drop."

In other words, the real error in judgment is in looking at one or more outliers-- be they real sales or fake-- and assuming that was the new market.

Re: VCP, it's just a site that aggregates some data. As others have said, interpretation of that incomplete data is on the individual's shoulders.