Quote:
Originally Posted by kailes2872
Peter,
I ask this as an honest question - no snarkiness, I promise, just curious...
You have an awesome PSA 6 53 Bowman Ford for sale on the BST page. You have had several very nice examples of cards over the years that tend to be at the top of their grade. Your 54 Bowman Williams comes to mind. I don't tend to buy fixed priced items because I am convinced that I am usually the fool overpaying. Therefore, I buy through auctions. In some cases, I end up paying more for the auction item (versus the fixed priced item) - or pay a tad less for a copy that is not as nice. Hopefully I am not shilled, but more than likely, I have been victim over time.
But I digress...
When you determine prices for your items, do you pull out PWCC comps? Do you have a general formula? Again, no offense meant. It just seems that it would be impossible to price an item without taking the PWCC prices into consideration and not have it immediately purchased and be considered a bargain for the purchaser.
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No set formula. Case by case and some is by feel, but if I didn't have a good feel I would typically look at past sales to get an idea, if PWCC prices were obvious outliers I would not give them any weight. Sometimes though I go more by my general perception of how much the market for a certain type of card has gone up or down since I bought it rather than relying on direct comps.