COVID-19 Sales Slowing Down?

[Dpeck100]

I don't sell much but I am constantly getting requests on various sites and social media platforms to buy cards.

The listings I have had on EBAY have sold pretty quickly with no issues. I sold some signed Wrestling All Stars through Instagram to a guy I met in NY and prices were very strong just recently.

There is a guy on the CU message board that decided to hit the bid and list his collection by the name of Chad and ran them through PWCC. The market has been so hot he just couldn't resist selling. He had a very eclectic mix of non major sport cards including lacrosse, golf, MMA, boxing, wrestling, and soccer and had explosive results the other night. His PSA 3 UK back Tyson went for $653. He was actually the guy I got into the bidding war with when I won my first Tyson in 2010 and in doing research on the sticker found a message board thread where he was discussing it and what caused me to first join a message board.

Nothing went cheap and if anything many went well above expectations. To me the market is still accelerating in many cases.

[samosa4u]

Originally Posted by Dpeck100

His PSA 3 UK back Tyson went for $653.

Here is the bid history on that card:

https://www.ebay.com/bfl/viewbids/35...p2047675.l2565

Does that look normal to you?

[Dpeck100]

Originally Posted by samosa4u

Here is the bid history on that card:

https://www.ebay.com/bfl/viewbids/35...p2047675.l2565

Does that look normal to you?

Chad sure as hell isn’t shilling any auctions.

[Exhibitman]

Originally Posted by samosa4u

Here is the bid history on that card:

https://www.ebay.com/bfl/viewbids/35...p2047675.l2565

Does that look normal to you?

Normal?

[Dpeck100]

There seems to be this belief system that most of these sales are either helped or fake.

No seller who bought the sticker for less than $50 is going to shill it to $653. The whole point of him selling his collection was this is the reality of the current market.

I don't know if it was the fresh released boxing videos and speculation of a comeback or the explosion of top stars but Tyson has skyrocketed. I was the first person online to suggest Tyson was a buy and his cards had huge potential. They ran up significantly and then stagnated for awhile or in stock terms consolidated and then when this recent surge happened just exploded.

I don't sell much but my wrestling card buddies are having beyond record sales. Like crazy sales numbers compared to prior years. List stuff at what seems like a stupid price and sold. List another one at a higher price and sold.

Heck a Flair PSA 8 just sold for $750.

[samosa4u]

Sorry, Peck. This PSA 3 sale looks too fishy to me. I'm not buying it.

And If a PSA 3 (UK version) is now worth $650 USD, then heck, the PSA 6 currently sitting on eBay for $1,230 USD is a steal then, no? How come no one is biting? But oh wait, there's more! Look at the nice PSA/DNA examples that have been sitting on eBay since last summer. Again, shouldn't they all be gone by now?

And look at the clowns listing their PSA 9s for ten grand! Do they seriously think collectors are dumb enough to fall for that?

[Dpeck100]

It’s pretty insulting to a guy like Chad who I have dealt with to suggest he shilled his listings.

It was his Popy Hogan and lots of other cards in the auction. His 1994 Dwayne Johnson 8 came from me in a cash and card trade and it went light. I guess he should have shilled that one too.

On the Tyson front there was a 3k offer on one of the 9’s. He let it expire after posting in my CU thread. I just sold a PSA 5 Gritti back of his second year Italian Panini like I said for $225. Bro prices are up.

[swarmee]

Shill bidding can also be done by other bidders for a multitude of reasons. Quite often, it's used to set new Auction Prices Realized to push the market.