Raising the prices on cards

[Rich Klein]

Originally Posted by wnp22

Amen amen amen! There’s a modern card I want to buy, not very popular. I’d gladly be willing to pay $50 which is a pretty reasonable value as of today. It’s listed at $1500.

I'm curious because of the wide price difference what card you are referring to

[buymycards]

2 or 3 years ago I paid $800 for a raw T213-2 Red Cobb. I sent it in to have it graded and it came back an SGC10 as expected. PWCC has an SGC10 listed on eBay, from their vault, at $7995.

Crazy!

[philliesfan]

Just to add my 2 non cents.......When an item is listed on ebay, the seller should be able to raise the price anytime they want unless the item has a bid. Auctions usually run 7 days so every 7 days the seller can do what they want to the pricing. If they have a BIN and someone selects it, then that price should be honored.

As far as the BST here, I would think a 2 or 3 week period. Anything beyond that the interested party should ask if the card is still available and start a price negotiation.

[wnp22]

Originally Posted by Rich Klein

I'm curious because of the wide price difference what card you are referring to

It’s a basketball rookie card from 2009 numbered to /999. PSA 10 with a 12 pop. Of course, the entire pop report is only 15 cards, because nobody cared/cares enough about them to get them graded.

It seems like a lot of new sellers (more so for modern) seem to think that low pop report should equal big money, when that’s just not the case a lot of times. Frustrating.

[Rich Klein]

Originally Posted by wnp22

It’s a basketball rookie card from 2009 numbered to /999. PSA 10 with a 12 pop. Of course, the entire pop report is only 15 cards, because nobody cared/cares enough about them to get them graded.

It seems like a lot of new sellers (more so for modern) seem to think that low pop report should equal big money, when that’s just not the case a lot of times. Frustrating.

Gee I wonder if the reason you are not being specific is because the player who think is overpriced is Stephen Curry. He's a lot more than a common, in fact a generational player, so you need to be more specific before I accept the vague comments on your player. I have NO dog in this fight but I want to make sure your comments are legit and not just false hype in trying to lower something which is not getting lower anytime soon

https://www.ebay.com/sch/i.html?_fro...9+Classics+PSA

Regards
Rich

[x2drich2000]

Since it has been almost a week since I started this thread I figured I would provide a quick update and reason for my question. The BST question came about as I've had several people in the past ask here and on other sites ask if a card was still available. No one was asking to purchase at the old listed price. They were just seeing if I still had the card. Still, it made me curious how others would feel in that situation if they still had the card.

On Ebay I had a buyer who was making offers on a card below my asking price. Earlier this year I had raised the price and their offers have continued to slowly increased but still a bit below my asking price. With each offer I have consistently stated the price listed is the price I want for it even when the offers got above my original asking price. I never had the option to make a BO on the card. After making this post I raised the price again by about 20%. Within a few hours, they responded that they would buy the card at my previous price. I declined and advised my new price was due to recent comps. Figured there were enough watchers, it was the cheapest on Ebay at the grade, and was still less than other similar graded examples have sold for. I've already had the card for awhile so worse case scenario is I hold it a little longer. Less than 48 hours later, a different buyer bought the card at the new asking price. So I guess sometimes raising the price might invoke someone to step up and buy the card before it goes up any more.

[wnp22]

Originally Posted by Rich Klein

Gee I wonder if the reason you are not being specific is because the player who think is overpriced is Stephen Curry. He's a lot more than a common, in fact a generational player, so you need to be more specific before I accept the vague comments on your player. I have NO dog in this fight but I want to make sure your comments are legit and not just false hype in trying to lower something which is not getting lower anytime soon

https://www.ebay.com/sch/i.html?_fro...9+Classics+PSA

Regards
Rich

Relax man. I have no idea what you’re getting at or why you’re so curious, but it’s a Tyreke Evans Topps Chrome card. I just didn’t say who it was because it’s not really a big deal and I’d assume a large number of our members hardly know who he is. Deep breath dude

[Rich Klein]

Originally Posted by wnp22

Relax man. I have no idea what you’re getting at or why you’re so curious, but it’s a Tyreke Evans Topps Chrome card. I just didn’t say who it was because it’s not really a big deal and I’d assume a large number of our members hardly know who he is. Deep breath dude

With my years in the business, 95 percent of time when someone says they are just missing a common or two for a set, it's usually either a superstar or a very tough short print. So that's the experience I use. I'm glad that in your case it's a pure common

And I'm sorry you can't get that person at the reasonable price level

Rich

[Fred]

I love telling this story.

I had a card which I placed a BIN for $1200 on ebay. No takers.

I raised the BIN to $1400 and someone asked if I'd take $1200 for it. I declined. The card didn't sell.

I raised the BIN to $1600 and I believe the same person as before asked if I'd take $1400 for it. I declined. The card didn't sell.

I raised the BIN to $1800 and I believe the same person as before asked if I'd take $1600 for it. I declined. That person ponied up the $1800.

They could have had it for $1200 but they never pulled the trigger on the BIN.

Pretty soon my memory is going to start forgetting the details and I'll start embellishing the story and add an extra "0" to the price...

It is a true story though.

My opinion is that if there's a price listed on the BST, then it should be honored for at least a couple weeks or until it drops off the first page of the BST. In any case, it's up to the seller to determine how long they want to honor the price. If the seller is wishy washy in their dealings, then it'll come to the point where people just won't deal with them.

[jbsports33]

I do not go up on my prices on eBay, I try and set a good price to start and then move down or take offers as needed - but yes prices are much higher this year been hard to buy and have decent prices for buyers!

Jimmy