Auction oddities: Using the PSA Auction Results site

[swarmee]

DATE	PRICE	GRADE	LOT #	AUCTION HOUSE	AUCTION / SELLER	TYPE	CERT

8/8/2008	$11,027.38	8	82	Goodwin and Co. Auctions	1952 Topps Set	Auction	11115921

11/10/2010	$853.00	8	169	SCP Auctions	SCP Auctions November 2010 Internet Auction	Auction	11115921

Ouch.

Same flipper also probably lost $2500 on this one:

8/8/2008	$6,113.53	8	103	Goodwin and Co. Auctions	1952 Topps Set	Auction	04097724

11/10/2010	$3,586.00	8	187	SCP Auctions	SCP Auctions November 2010 Internet Auction	Auction	04097724

Bloodbath:

8/8/2008	$19,199.50	8	104	Goodwin and Co. Auctions	1952 Topps Set	Auction	05098553

11/10/2010	$1,517.00	8	188	SCP Auctions	SCP Auctions November 2010 Internet Auction	Auction	05098553

[pclpads]

Results are 7+ years old for the SCP items(s). From your post, looks like SCP sold the same Zernial card 3x in the same auction on the same day / date?

[swarmee]

Oh, yeah, I get that. If you look, those three cards (and actually a BUNCH more) were bought in the same Goodwin auction and then consigned two years later to SCP where they all fell drastically. There were more I spotted but didn't feel like linking. Maybe it would be a good case study disproving the people that don't think high-grade vintage ever loses ground. Just because 8 is the Top Pop today doesn't mean it will be next month...

Yes, there are some data issues. I report them when I see them so PSA can take them out. I probably reported 20 errors today while browsing 50 different card pages. I went back and checked to see if the ones I reported last couple of weeks have been removed/fixed and a few already were. I wish there was a record of which cards you've reported errors for and whether or not PSA changed them yet.

[The-Cardfather]

Based on what I've read here and by a misreported price on a card that I purchased on eBay, I don't have a lot of confidence in PSA's numbers.

I recently made an offer of $600.00 on a 1960 Eddie Mathews PSA 9 offered for sale on eBay at $649.95. My offer was accepted and the transaction went smoothly. (Yes. I know I overpaid.) However, PSA is reporting the purchase price as the original $649.95.

https://www.ebay.com/itm/192418387887?rmvSB=true

Does anyone know if Vintage Card Prices numbers are more accurate?

[swarmee]

Thanks for letting me know about Best Offers Accepted not being correctly logged by PSA. I will see that they get that information. Usually watchcount shows the proper Best Offer value, but eBay may not be accurately providing it to PSA (or VCP for that matter).

[Leon]

Originally Posted by swarmee

Thanks for letting me know about Best Offers Accepted not being correctly logged by PSA. I will see that they get that information. Usually watchcount shows the proper Best Offer value, but eBay may not be accurately providing it to PSA (or VCP for that matter).

Do you work for PSA? I use google, ebay advanced search on sold sales and several other sites for pricing. I don't use VCP or any other pay site.

[swarmee]

No, but I just submitted a correction to the listing. The user HawkDynasty on COMC/ih8ca on Blowout is in direct contact with them about this service.

https://www.blowoutforums.com/showthread.php?t=1178496

So I have an "in". Plus, they've already implemented some of my recommendations and are looking into the others. I work for the U.S. Air Force.

[The-Cardfather]

Originally Posted by The Cardfather

Based on what I've read here and by a misreported price on a card that I purchased on eBay, I don't have a lot of confidence in PSA's numbers.

I recently made an offer of $600.00 on a 1960 Eddie Mathews PSA 9 offered for sale on eBay at $649.95. My offer was accepted and the transaction went smoothly. (Yes. I know I overpaid.) However, PSA is reporting the purchase price as the original $649.95.

https://www.ebay.com/itm/192418387887?rmvSB=true

Does anyone know if Vintage Card Prices numbers are more accurate?

Originally Posted by swarmee

Thanks for letting me know about Best Offers Accepted not being correctly logged by PSA. I will see that they get that information. Usually watchcount shows the proper Best Offer value, but eBay may not be accurately providing it to PSA (or VCP for that matter).

Just to clarify......
I didn't submit a "Best Offer" because that wasn't an option. I simply sent the seller a message via eBay offering him $600.00. He then sent me an "offer" (to purchase for $600.00). If I remember correctly, the offer expired in 24 or 48 hours.

[Jenx34]

Originally Posted by The Cardfather

Based on what I've read here and by a misreported price on a card that I purchased on eBay, I don't have a lot of confidence in PSA's numbers.

I recently made an offer of $600.00 on a 1960 Eddie Mathews PSA 9 offered for sale on eBay at $649.95. My offer was accepted and the transaction went smoothly. (Yes. I know I overpaid.) However, PSA is reporting the purchase price as the original $649.95.

https://www.ebay.com/itm/192418387887?rmvSB=true

Does anyone know if Vintage Card Prices numbers are more accurate?

I've found it sometimes takes awhile but the prices from PSA and VCP tend to synch over time. I've seen some not on one or the other so its not a matter of one of them gets the info quicker. In the case of your card, I'm sure how your transaction went with the private message/direct offer had to do with it. VCP doesn't have your purchase recorded yet. See the pics.

[JollyElm]

Since I saw this thread and started referring to the site, it's been a pretty awesome research vehicle to get a decent idea of what something should go for. Problem is, almost everything I look up cannot be found at close to the recent prices realized (and shown) via ebay (not talking about 'best offer' listings, but regular BIN's). Everything is much more expensive, unfortunately. Guess I'm going to have to wait the sellers out until their prices come down. Plus, weirdly enough, a bunch of cards I bought off of ebay from a bunch of different years and a bunch of different sellers (all BIN's) aren't shown at all. I have checked and double checked and they are nowhere to be found on the site, even though I bought some of them one or two years ago. Very, very strange, so I imagine it is clearly not a comprehensive assessment of prices realized. Has anyone else found their purchases over the last couple of years to be missing from the listings there??

(I haven't gone back and re-read this entire thread, so my apologies if this has been covered already.)

[swarmee]

It has been covered. The eBay listings only go back about 15 months; that must be when they started scraping the data. The auctionhouse listings go back to the 2005 timeframe, depending on the AH.
I bought a nice card for $199 last night on eBay when sales according to the website ranged from $240-400 on eBay.