Ebay Prewar Deluge of BIN's

[glynparson]

You guys act like scrolling by a listing is so time consuming its funny. You want what card you want when you want it for the lowest price its ever sold for. I think its hysterical people should go through all the work to find, list, and make it nice and easy for you but god forbid they want to make a couple dollars. It has gotten to the point of being pathetic with some of you. The sense of entitlement of some collectors is astounding. like it or not some cards sell for good money and just because you call yourself a collector and not an investor does not mean you deserve the card more than anyone else. What did you guys do when you had to go to shows or scrounge through SCD to find cards. It is so much easier than it ever was to find items, yet many still do nothing but complain, and to me it is usually the ones that claim it is just a hobby for them.

[Huysmans]

Originally Posted by glynparson

You guys act like scrolling by a listing is so time consuming its funny. You want what card you want when you want it for the lowest price its ever sold for. I think its hysterical people should go through all the work to find, list, and make it nice and easy for you but god forbid they want to make a couple dollars. It has gotten to the point of being pathetic with some of you. The sense of entitlement of some collectors is astounding. like it or not some cards sell for good money and just because you call yourself a collector and not an investor does not mean you deserve the card more than anyone else. What did you guys do when you had to go to shows or scrounge through SCD to find cards. It is so much easier than it ever was to find items, yet many still do nothing but complain, and to me it is usually the ones that claim it is just a hobby for them.

With all due respect, this is a two way street. Its laughable when dealers/sellers whine about low ball offers, especially considering its usually the pot calling the kettle black. Do dealers not BUY their material as cheap as they can get it?? Do they not constantly low-ball people to get material?? If the average dealer walks into a flea market or antique store and finds cards say worth $300.00 for a steal, does he inform the seller that a fair price to pay would be $150.00? Of course not! He buys them as CHEAP AS HE CAN. Dealers, just like COLLECTORS, try to get the card(s) as cheap as they can. What part of this is rocket science? I have no problem with any dealer/seller trying to get the most for their items, just like I understand collectors are trying to do the same, and get the item as cheap as possible. So c'mon, if you've done the "momentous" task of listing cards on eBay, please don't be a hypocrite.
Thats my two cents.

Brent

[bobbyw8469]

With the competition for cards so fierce, I doubt many dealers are "stealing" items as you claim. Just an observation.

[Snapolit1]

To me, selling a card through BIN is a negotiation like a lot of other things, at least where offers are accepted. I've settled legal matters where one side demanded 15 million dollars right out of the box and the other side offered $5,000. Seller wants the most they can get and the buyer wants to pay as little as it can. That's economics. Regardless of where the numbers start though, it's usually pretty easy to determine if both sides have an interest in actually consummating a deal. If the last few sales of a card was $1000, it's not particularly useful to offer $150 and then to make a second offer at $160, or to list it for $2900 and refuse to take reasonable offers. A lot of listings to me don't look like the seller really wants to sell, but is throwing a line out there to make a killing with an uninformed buyer.

[BobC]

Originally Posted by Snapolit1

To me, selling a card through BIN is a negotiation like a lot of other things, at least where offers are accepted. I've settled legal matters where one side demanded 15 million dollars right out of the box and the other side offered $5,000. Seller wants the most they can get and the buyer wants to pay as little as it can. That's economics. Regardless of where the numbers start though, it's usually pretty easy to determine if both sides have an interest in actually consummating a deal. If the last few sales of a card was $1000, it's not particularly useful to offer $150 and then to make a second offer at $160, or to list it for $2900 and refuse to take reasonable offers. A lot of listings to me don't look like the seller really wants to sell, but is throwing a line out there to make a killing with an uninformed buyer.

Steve,

I concur with you 100% on that sentiment.

BobC

[T206Collector]

Originally Posted by Snapolit1

A lot of listings to me don't look like the seller really wants to sell, but is throwing a line out there to make a killing with an uninformed buyer.

Exactly, except they occasionally get a hit which perpetuates the cycle. I saw a dealer buy a card -- in the same group I bought an almost identical card in the same auction -- and then turn around and list it on eBay at 3x the sale price. I offered to sell him mine for double the price. He declined and said if he had wanted the card he would have just beat me in the auction for it. This was a year ago and his 3x price is still available on eBay if anyone wants in on that "deal" (as is my 2x price)!

[savedfrommyspokes]

Originally Posted by Huysmans

With all due respect, this is a two way street. Its laughable when dealers/sellers whine about low ball offers, especially considering its usually the pot calling the kettle black. Do dealers not BUY their material as cheap as they can get it?? Do they not constantly low-ball people to get material??
Brent

As with most commodities, the sports card dealers I know don't need to low-ball, they buy in bulk as this provides them a cheaper price per card rather than wasting their time haggling prices on a few singles here and there. As a collector, I expect to pay more for a "single" card than I would if I bought the same card as a part of a large grouping of 5000 vintage cards. While some dealers do flip singles profitably, most dealers focus their attention on buying these larger groupings of cards with a lower price point per card as they realize that breaking up these larger groups and offering them to collectors as singles, small lots, etc. is where their profit will come from.

If collectors were to become more willing/able to buy these larger dealer type lots, than yes, I suspect that card dealers would have to become better hagglers like a very small percent of collectors are due to the increased demand/prices. IMO, it is not likely many collectors are willing/able to tie up their money and time investing in these dealer type lots.



Some years back, I sold off a run of near complete Topps sets from 53-75 (all of my duplicates) to a nationally known dealer. He spent 8 hours going through these cards. We spent the next 2-3 minutes negotiating the sell price/payment terms and agreed on a price we were both very happy with....he did not have to haggle with the price because it was a fair price for buying this large of a run of cards and he knew there was a slew of profit to be made by selling these cards as singles.

Dealers do not need to haggle if they buy in bulk