Card prices skyrocketing

[Wanaselja]

Originally Posted by ajjohnsonsoxfan

Prices are moving up so fast, ebay buyers are having trouble with sellers cancelling orders because they can get more for the card the day after selling.

I made an offer of $900 on a card listed at $995 OBO. The seller raised the price to $1295 and countered at $1195. I declined on principal and the card sold an hour later. We’ve come a long way from sellers dealing with buyers canceling due to remorse.

[Rich Klein]

The buyers who cancel with remorse are mostly newer buyers who reneg when the card does not go up in price because of either on-field reversals or market adjustments.

Rich

[conor912]

Originally Posted by Wanaselja

I made an offer of $900 on a card listed at $995 OBO. The seller raised the price to $1295 and countered at $1195. I declined on principal and the card sold an hour later. We’ve come a long way from sellers dealing with buyers canceling due to remorse.

I’ve also seen this first hand. More than once I’ve had a card listed, gotten several watchers, then raised the price on a hunch and had it sell almost immediately. I don’t totally understand the psychology behind it but it is definitely a thing.