B/S/T Question - OT

[G1911]

Are people really using BST asking prices as a tool to evaluate value? I love the BST and have got a fair number of cards from it, but you can't really pull data effectively from it's records to view sold listings of a card, there is a small volume of listings, and almost all deals are closed over the phone/email/DM's so you basically never know what it closed at, and often if it closed at all. I don't see how this is effective except for perhaps an edge case of a card that doesn't come to market with any frequency, and there is nothing else to go off of.

[CobbSpikedMe]

Originally Posted by G1911

Are people really using BST asking prices as a tool to evaluate value? I love the BST and have got a fair number of cards from it, but you can't really pull data effectively from it's records to view sold listings of a card, there is a small volume of listings, and almost all deals are closed over the phone/email/DM's so you basically never know what it closed at, and often if it closed at all. I don't see how this is effective except for perhaps an edge case of a card that doesn't come to market with any frequency, and there is nothing else to go off of.

Yes, I look at the asking price and if it says sold I expect to pay something similar if I find a comparable example. The cards I'm looking at are low dollar transactions so the negotiation of a lower price will not be very material to be honest. Most of the cards I'm looking at buying are going to sell between $20 - $200 at the most so there isn't a ton of wiggle room really. I'm not looking at sales data when the asking price is in the thousands. When I see those asking prices I assume there is some negotiation and the actual sale price could be considerably lower than the posted price on the BST. I always assume there was a deal made, especially if the card has been sitting on the BST for a long time and then suddenly sells. But to answer your question, yes, I use asking prices as a barometer for what I expect to buy a card for in my price range.

[Bigdaddy]

Originally Posted by G1911

Are people really using BST asking prices as a tool to evaluate value? I love the BST and have got a fair number of cards from it, but you can't really pull data effectively from it's records to view sold listings of a card, there is a small volume of listings, and almost all deals are closed over the phone/email/DM's so you basically never know what it closed at, and often if it closed at all. I don't see how this is effective except for perhaps an edge case of a card that doesn't come to market with any frequency, and there is nothing else to go off of.

It's a piece of information. Not perfect, but better than nothing. Just like OBO listings on eBay. Take that information and put it together with information from other sources and you can generally get an estimate of a cards value.

[frankbmd]

If you want to know what one of my cards sells for, just buy it.

[ALBB]

Question -
Does that " try not to bump your thread more then once every three days"
apply to the auction section also ?

I seem to recall seeing auction bumps..as much as twice in ONE day ?

[bnorth]

Originally Posted by ALBB

Question -
Does that " try not to bump your thread more then once every three days"
apply to the auction section also ?

I seem to recall seeing auction bumps..as much as twice in ONE day ?

Hopefully it does.

[bobbyw8469]

Originally Posted by ALBB

Question -
Does that " try not to bump your thread more then once every three days"
apply to the auction section also ?

I seem to recall seeing auction bumps..as much as twice in ONE day ?

I got tired of selling there. I would love to start back up, but I got tired of seeing my post get buried by one guy in particular who was selling, to put it bluntly, nothing desirable, everything overgraded, and at prices higher than Ebay. Maybe there needs to be a uniform rule, that if you are going to put stuff on there, start EVERYTHING at .99 cents. I dunno.

[Leon]

Originally Posted by bobbyw8469

I got tired of selling there. I would love to start back up, but I got tired of seeing my post get buried by one guy in particular who was selling, to put it bluntly, nothing desirable, everything overgraded, and at prices higher than Ebay. Maybe there needs to be a uniform rule, that if you are going to put stuff on there, start EVERYTHING at .99 cents. I dunno.

Members should PM me about stupid stuff going on. I don't read every thread.
As far as how many times to bump a Live Auction thread.....since time is of the essence I don't think every 2 days is too much. If anyone does it in 1 day please PM me. I prefer not to have written rules about it at this point.
.

[bnorth]

Originally Posted by bobbyw8469

I got tired of selling there. I would love to start back up, but I got tired of seeing my post get buried by one guy in particular who was selling, to put it bluntly, nothing desirable, everything overgraded, and at prices higher than Ebay. Maybe there needs to be a uniform rule, that if you are going to put stuff on there, start EVERYTHING at .99 cents. I dunno.

LOL, I sent Fred(GoldenAge50s) a link to this thread. He said he agreed and only bumps daily because Octavio(rjackson44) does it. They both agreed it wasn't fair to others. Then I see they have both done it again today.

Octavio does it the funniest way. He lists a one day BIN auction with no dates posted. Then bumps it the next day with ends tonight. Then on the third day in a row bump he will edit the second bump and give it a third day bump with ends tonight.

My question to the forum is am I the only one besides Bobby that cares? To me those 2 ruin the auction section. If no one else cares I will let it go and just ignore them. If others also care I will be the one to PM Leon about it and complain.

[Leon]

Originally Posted by bnorth

LOL, I sent Fred(GoldenAge50s) a link to this thread. He said he agreed and only bumps daily because Octavio(rjackson44) does it. They both agreed it wasn't fair to others. Then I see they have both done it again today.

Octavio does it the funniest way. He lists a one day BIN auction with no dates posted. Then bumps it the next day with ends tonight. Then on the third day in a row bump he will edit the second bump and give it a third day bump with ends tonight.

My question to the forum is am I the only one besides Bobby that cares? To me those 2 ruin the auction section. If no one else cares I will let it go and just ignore them. If others also care I will be the one to PM Leon about it and complain.

If anyone bumps a regular BST thread in 1 day please PM me. I will lock it and it won't be bumped again. Seems like an easy fix to me. No one should be doing that or try to be sly....I don't like sly.
.

[GoldenAge50s]

Originally Posted by bnorth

LOL, I sent Fred(GoldenAge50s) a link to this thread. He said he agreed and only bumps daily because Octavio(rjackson44) does it. They both agreed it wasn't fair to others. Then I see they have both done it again today.

Octavio does it the funniest way. He lists a one day BIN auction with no dates posted. Then bumps it the next day with ends tonight. Then on the third day in a row bump he will edit the second bump and give it a third day bump with ends tonight.

My question to the forum is am I the only one besides Bobby that cares? To me those 2 ruin the auction section. If no one else cares I will let it go and just ignore them. If others also care I will be the one to PM Leon about it and complain.

In answer to Ben-Yes, I have been guilty of bumping more often than I should---ONE big reason--MANY OTHERS do it & why should my auctions get buried?
There has been a lot more listings lately & altho I try to only bump every other day or so, sometimes the "dead" auctions need to be climbed over.

I have been a loyal member of Net 54 for many years, have run 6 auctions a week for more than 2 years and NOT 1 complaint about my service, honesty or integrity. I would like to think a bump or 2 is not a tremendous problem, but I would rather not have to do it!

[Snapolit1]

Originally Posted by ALBB

Question -
Does that " try not to bump your thread more then once every three days"
apply to the auction section also ?

I seem to recall seeing auction bumps..as much as twice in ONE day ?

I'm stull looking for a large Honus Wagner framed portrait. Let me know if you see one by any chance.

[Snapolit1]

Kidding aide, I don't see very much "abusing" of the BST good will system at all, but maybe since I'm not selling I'm not as attuned to it as others.

[Leon]

Originally Posted by Snapolit1

Kidding aide, I don't see very much "abusing" of the BST good will system at all, but maybe since I'm not selling I'm not as attuned to it as others.

They are only talking about the Live Auction section of the BST, I believe. There is some urgency there as they are auctions. Maybe we should only allow 2 live at one time? Because of course 2-3 means 3. I don't know who came up with that idea.

.

[Eric72]

Originally Posted by frankbmd

If you want to know what one of my cards sells for, just buy it.

I've often heard the question asked by the OP.

Rarely has anyone answered it better than Frank did here.

[drcy]

I leave "Sold for somewhere between infinity and negative infinity"

[FourStrikes]

Originally Posted by frankbmd

if you want to know what one of my cards sells for, just buy it.

this....100%