Problems with VCP and the Hobby

[BobbyVCP]

Just wanted to chime in on the thread. As you all know I am with VCP. Whenever a problem is reported to us we look into the matter and correct it usually within minutes. Another thing to keep in mind is in our average pricing it takes into consideration how many sales in the past year. And based on that number it eliminates high and low sales and averages out the rest. So when there is a crazy high sale in most circumstances that is not averaged into the price.

If the auction houses would report to us lots that did not sell we would gladly delete them from our database. Same thing if you are a seller and your eBay auction did not go through we will again delete it.

We try our best to get as much information as possible to better educate you the buyer or seller.

To date we have over 8 million auction results with over 9 million images. That is a lot of information available for you to use.

[GasHouseGang]

Bobby, I think VCP provides a great service, and like any price guide, it's only as good as the data. I was wondering why sometimes VCP will list a sale price for an item on ebay, but when you click the link and see the item on ebay, it has a different sale price? Does this happen because of a bid retraction that VCP was made aware of, and then the final sale price is corrected?

[spaidly]

I can vouch for Bobby's comment about fixing things. I enjoy the portfolio aspect of the My Collection feature. I noticed my 1955 Jackie Robinson PSA 7.5 was way down in value. I did a little digging and it turns out a the sale of a reprint made its way into the data. I clicked the Problem with This Page link, reported it, and it was deleted the next day. My Brooklyn Dodger portfolio was looking stronger and all was right in the world. I'm a hybrid collector/investor so seeing my buying decisions reflected there, good or bad, is really fun for me. I think VPC is a great resource but by itself it is like buying holders rather than cards. So many variants with each card within each grade makes it a great guide.

Scott

[BobbyVCP]

Originally Posted by GasHouseGang

Bobby, I think VCP provides a great service, and like any price guide, it's only as good as the data. I was wondering why sometimes VCP will list a sale price for an item on ebay, but when you click the link and see the item on ebay, it has a different sale price? Does this happen because of a bid retraction that VCP was made aware of, and then the final sale price is corrected?

We've looked extensively into this issue and have been in contact with our eBay representative. It seems to happen only with Best Offer listings even though at times it will not indicate that it's a BO listing on the site. The issue is that the eBay API is reporting a different price than what is found on the eBay site. We've pointed this out to eBay and they say that the API price is the correct one but they are not clear about when they can fix it. Our hands are tied on this one. We can't force them to fix something that's broken.

[ezez420]

Thanks for responding Bobby. It seems as if you would take that info of sales that did not go through and welcome it. That is appreciated. It seems it is up to the auction houses that do report to do that.

However, some say they wont which is not in their best interest. Why dont some that report speak up then. I am sure it is pretty easy to have a list of non payers so data is accurate. Not that hard or dont report. But maybe it will shut a couple houses down especially the ones who allow shilling to boot.

[Leon]

Honestly I can't imagine any AH reporting non paying bidders to another company for data purposes. More work and it's not their job to report those things....It would be nice but so would a lot of things .

Originally Posted by ezez420

Thanks for responding Bobby. It seems as if you would take that info of sales that did not go through and welcome it. That is appreciated. It seems it is up to the auction houses that do report to do that.

However, some say they wont which is not in their best interest. Why dont some that report speak up then. I am sure it is pretty easy to have a list of non payers so data is accurate. Not that hard or dont report. But maybe it will shut a couple houses down especially the ones who allow shilling to boot.