Omnious sign in market?

[MVSNYC]

Just as we start to question the market...these two cards remind us just how crazy things still are...

[Exhibitman]

Originally Posted by MVSNYC

Just as we start to question the market...these two cards remind us just how crazy things still are...

The set break loophole to the eBay AG program appears to have closed?

[cgjackson222]

Originally Posted by Exhibitman

The set break loophole to the eBay AG program appears to have closed?

I noticed that the set break loophole is gone too. I think even Greg Morris is authenticating their high value raw cards now.

[MVSNYC]

What's this about set break on eBay? Don't know about it.

[Snowman]

Originally Posted by cgjackson222

I noticed that the set break loophole is gone too. I think even Greg Morris is authenticating their high value raw cards now.

Yes, Greg Morris confirmed...

[cgjackson222]

Originally Posted by Snowman

Yes, Greg Morris confirmed...

Thanks for reaching out to Greg Morris to confirm. Pretty sure the "set break" loophole is gone across the board.

[Snowman]

Originally Posted by cgjackson222

Thanks for reaching out to Greg Morris to confirm. Pretty sure the "set break" loophole is gone across the board.

I'm not convinced that it was the words "set break" in the title which caused it in the first place, though it's certainly possible. I think it's plausible that cards which are sold as "variations" within a listing, like when a seller creates a "set break" listing where you select cards from a drop-down menu, could have been immune from this feature as that would require eBay to come up with a way to determine how to handle different prices for different cards within the same listing (easier said than done, programmatically - insert eBay's dev team criticisms here). Or perhaps it could have been both. I don't know. But I do know that implementing a solution on eBay's end is surely more complicated than just making an exception for listings with the term "set break" in the title.

[cgjackson222]

Originally Posted by Snowman

I'm not convinced that it was the words "set break" in the title which caused it in the first place, though it's certainly possible. I think it's plausible that cards which are sold as "variations" within a listing, like when a seller creates a "set break" listing where you select cards from a drop-down menu, could have been immune from this feature as that would require eBay to come up with a way to determine how to handle different prices for different cards within the same listing (easier said than done, programmatically - insert eBay's dev team criticisms here). Or perhaps it could have been both. I don't know. But I do know that implementing a solution on eBay's end is surely more complicated than just making an exception for listings with the term "set break" in the title.

I don't know if anyone on this board ever provided any proof that having "set break" in your title was a way around the Authenticity Guarantee. I kind of assumed that people on this board may have attributed the fact the Greg Morris didn't have to get his cards authenticated to his using “set-break” in their titles. But I had assumed that Greg Morris' outstanding reputation may have allowed them to get a pass for a while. Either way, I don't think there is any way around the authenticity guarantee any more (which I am ok with). But please someone prove me wrong.

[Lorewalker]

Originally Posted by Exhibitman

The set break loophole to the eBay AG program appears to have closed?

Set Break in the title still works. Appears Greg Morris has to hyphenate the two words now which makes the cards eligible for the AG program.

[cgjackson222]

Originally Posted by Lorewalker

Set Break in the title still works. Appears Greg Morris has to hyphenate the two words now which makes the cards eligible for the AG program.

Saw this listing that had "Set Break" in the title but also required the "Authenticity Guarantee" so I thought the loophole wasn't working.

[michael3322]

This is a fascinating discussion.

A modest proposal: For anyone with one of those subscriptions that show realized auction values, why don't you pick 50 vintage cards (or photos that have >5 sales) - 40 HoF-ers and 10 commons from key sets and run the numbers to see the % change month to month for the last 36 months? I'm guessing someone has already done this. If so, can someone post this? Otherwise, it is all anecdotal, which includes some really compelling examples, but it is hard to extrapolate for the whole vintage market from just a few examples.

[Snapolit1]

I have not, but you are right that all this proves or shows is that you cannot extrapolate from one sale in this market. I still believe my original premise it true — while there are still people pushing prices on some cards to higher levels, I think there are fewer of them competing. Less demand. So depending on timing of similar sales and other events you can see pretty dramatic fluctuations even in pre war.

And as Howard pointed out, those fluctuations are prob more dramatic on the memorabilia side. That has certainly been my experience. Memorabilia prices all over the map.

[parkerj33]

Two bell-weather t206s: Demmitt and O'Hara Stl Louis. 2 very nice examples (psa2 and psa 1.5) ended sunday night on ebay for 12.8k and 7.3k. both records i believe. t206 hotter than ever in my experience.

[Lorewalker]

Originally Posted by cgjackson222

Saw this listing that had "Set Break" in the title but also required the "Authenticity Guarantee" so I thought the loophole wasn't working.

For now, the words set break in the title with no other characters will bypass the AG program for ungraded listings...maybe graded too. The example that you showed has parentheses which acts like the hyphen that Greg Morris now uses.

Why eBay has this loophole is beyond me. If they simply assigned the AG program to default to all listings in the item category for single trading cards cards, it would apply regardless of what the seller puts in the title.

[cgjackson222]

Originally Posted by Lorewalker

For now, the words set break in the title with no other characters will bypass the AG program for ungraded listings...maybe graded too. The example that you showed has parentheses which acts like the hyphen that Greg Morris now uses.

Why eBay has this loophole is beyond me. If they simply assigned the AG program to default to all listings in the item category for single trading cards cards, it would apply regardless of what the seller puts in the title.

I guess you are right, and the loophole lives on.
A simple search of ebay listings with "set break" in it sorted by highest price shows there are still many listings that are bypassing the authenticity guarantee. And yes, apparently "set-break" with a hyphen or (set break) with parenthesis does not succeed in avoiding authenticity guarantee.

Crazy.

[jamest206]

Originally Posted by MVSNYC

Just as we start to question the market...these two cards remind us just how crazy things still are...

I bid on both-as well as the O’Hara, based on the PSA 1 sold last month. The 1.5 sold for over 7k- and I was hoping for a deal at 5k. LMFAO. There is no downturn in the market- and this week has-is-and will prove it!!

[Wanaselja]

Originally Posted by MVSNYC

Just as we start to question the market...these two cards remind us just how crazy things still are...

I can’t speak to the Lundgren but I bet the person who overbid on the Cy Young had decided a week ago that they would go after that card due to the high eye appeal. I bet they had a target bid in mind that they thought would surely win. I’d also bet that after spending 5.5 hours in bumper to bumper traffic and then soothing that frustration with some strong IPA’s and then seeing their high bid not hold up they frantically hit the next bid increment with 1 second left because they wanted something to go right yesterday. Just a guess though.

[Leon]

Originally Posted by Wanaselja

I can’t speak to the Lundgren but I bet the person who overbid on the Cy Young had decided a week ago that they would go after that card due to the high eye appeal. I bet they had a target bid in mind that they thought would surely win. I’d also bet that after spending 5.5 hours in bumper to bumper traffic and then soothing that frustration with some strong IPA’s and then seeing their high bid not hold up they frantically hit the next bid increment with 1 second left because they wanted something to go right yesterday. Just a guess though.

That Cy Young was bought for the aesthetics, not the number. Same way a lot of us collect or buy. I always buy the card and not the slab. It's better in the long run.
.

[Wanaselja]

Originally Posted by Leon

That Cy Young was bought for the aesthetics, not the number. Same way a lot of us collect or buy. I always buy the card and not the slab. It's better in the long run.
.

It 100% was. Thats why I put in that last frantic bid. It's an upgrade to my current Cy Young of the same grade.

[Leon]

Originally Posted by Wanaselja

It 100% was. Thats why I put in that last frantic bid. It's an upgrade to my current Cy Young of the same grade.

When I bought mine it wasn't because it's a 2.5, that's for sure. It's getting to be very cliché but more people are buying the card, it seems, nowadays.
.

[puckpaul]

Originally Posted by Wanaselja

I can’t speak to the Lundgren but I bet the person who overbid on the Cy Young had decided a week ago that they would go after that card due to the high eye appeal. I bet they had a target bid in mind that they thought would surely win. I’d also bet that after spending 5.5 hours in bumper to bumper traffic and then soothing that frustration with some strong IPA’s and then seeing their high bid not hold up they frantically hit the next bid increment with 1 second left because they wanted something to go right yesterday. Just a guess though.

Nice…lol