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#1
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VCP updating prices
Posted By: Kyle
Does anyone know how often VCP updates card prices? A card I sold over a month ago was never posted, and I am wondering how up to date the service is and what to expect from it for the remaining 11 months of my membership. All in all, a great website, just curious on the price issue. |
#2
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VCP updating prices
Posted By: Bobby Binder
Kyle, |
#3
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VCP updating prices
Posted By: Lee Behrens
Why no use of BIN's? They are a realized price. |
#4
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VCP updating prices
Posted By: Kyle
Hey Bobby, |
#5
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VCP updating prices
Posted By: Anthony
BIN's are a direct sale price, and not realization of an open market value set by competing buyers. I'm glad they aren't included on VCP- that would open it up to data from dealer sales, shows, etc. |
#6
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VCP updating prices
Posted By: Lee Behrens
And what is wrong with adding prices paid at shows and to dealers? Someone is buying the card a price. The purchase is final and done. By excluding these you are noting getting a full grasp of the whole environment. I know it would be tough to keep track of but it is a part of the hobby and should be a part of any pricing to get an overall picture of the pricing, not just picking and choosing what you want to put in your data. |
#7
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VCP updating prices
Posted By: Steve Murray
We are all aware of what you think of VCP. Why don't you start your own service that will provide the information you want. Those of us who use VCP on a regular basis find it to be an invaluable tool. |
#8
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VCP updating prices
Posted By: Lee Behrens
Excuse me Mr. Murray, Get your facts straight. It is my brother who has voiced his opinions against Mr Binder and his is not the only one that has on this board. I am in no way saying that he has a bad service, I just feel for it to be complete it should included what a mentioned in the earlier response. |
#9
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VCP updating prices
Posted By: Bobby Binder
Lee, |
#10
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VCP updating prices
Posted By: Steve Murray
I stand corrected. My search of past posts related to "Behrens" and "VCP" does in fact disclose that it was Jay. I apologize for the confusion. |
#11
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VCP updating prices
Posted By: Bobby Binder
Kyle, |
#12
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VCP updating prices
Posted By: Lee Behrens
I do not see the problem with verified actual results if you have confirmation from the buyer and seller. I know it is not easy but it could be added. As with a paper price guide, it is what it is a guide (educational information). |
#13
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VCP updating prices
Posted By: Bobby Binder
Lee, |
#14
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VCP updating prices
Posted By: JK
Bobby, |
#15
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VCP updating prices
Posted By: Matt
Do you also not count auctions with blurry images or where the seller paid extra to have the item stay at the top of the page as a featured item? All sales should be included because once you start eliminating sales for not meeting some subjective criterion you enter a very slippery slope. If the item was bought/sold at a certain price, that's a valid sale and should be included. BINs should be in. |
#16
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VCP updating prices
Posted By: Bobby Binder
We are in the process of making it so that you will be able to see all the BIN sales. It will only be reflected in the price table if it is a one of a kind sale. And will drop as soon as a auction result is obtained. But will continue to show up in the sales forever with link to the auction. Another problem we have is right now on ebay there are almost 100,000 BIN's in auction and in the stores. So we are working on a way to add these to our site with out flooding our marketplace and making it like dump day all the time. These are just a few problems to consider. |
#17
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VCP updating prices
Posted By: Matt
Bobby, saying BIN aren't included because you don't yet have the capacity to handle them is very different from saying they aren't included because they don't reflect actual value. If you agree that they do reflect actual values and you're working towards including them then I think we'd all be fine with that, but I'm not sure if that's your stance... |
#18
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VCP updating prices
Posted By: Wesley
I agree with the above posters who would prefer to see the inclusion of the ebay BIN sale prices. Any concern about whether these are legitimate sales can also apply to ebay auctions and sales from major auctions as well. I think they are every bit as legitimate as auctions and do in fact reflect market price. |
#19
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VCP updating prices
Posted By: Bobby Binder
Handling the capacity is not a problem and it is my true belief is that more then 95% are overpriced. The seller is just fishing for a person from the registry willing to pay anything to get the card to complete his set. It will take some time to get the 100K into the system but the stay there all the time and adding on new ones will be small and easy. We just need to make it so members that buy cards via the site don't get bombarded. And as stated earlier we are coming up with a solution. We found a new program that we are incorporating and the coding is taking longer and more difficult then anticipated. |
#20
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VCP updating prices
Posted By: Lee Behrens
Bobby, You say you are providing pricing information, but from what you are saying is that you are dictating what you want the people to see and not an overall picture. Whether it is a price you feel is too high is wrong since someone paid it they were comfortable with and should be recorded and left up to the judgement of the your subscribers to decided how to interpret the information. You are making it sound as though you are deciding which information they will see. Once again the complete picture is not being disclosed. |
#21
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VCP updating prices
Posted By: Bobby Binder
Lee, |
#22
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VCP updating prices
Posted By: Martin Neal
One of the things that has impressed me about Bobby and VCP is that they are continually trying to improve their site. Whenever I find a mistake, by the next morning, it is fixed and I receive an email from VCP thanking me for pointing it out. Personally, I would prefer to keep the Bins out. I am already aware that I could probably sell my card for more if I bined it or put it in my store (which could take a week or a year), but I need to know what a card will go for now or what I should pay for it during a true auction. It would be nice to have a history of bined sales, but, I think they shouln't be included in the averaged prices. |
#23
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VCP updating prices
Posted By: Matt
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#24
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VCP updating prices
Posted By: Joe D.
I would like to see BINs included in an online price guide. |
#25
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VCP updating prices
Posted By: Bill
I'm pretty sure if someone does not like the way VCP works, they will use their own judgement and not sign up. |
#26
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VCP updating prices
Posted By: Anthony
I don't have a problem listing BIN's, I guess, as long as they don't effect the value on the "my collection" part of the site. |
#27
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VCP updating prices
Posted By: john/z28jd
I dont use VCP except to look at old judge scans and im not signed up but what would stop people from putting up low BIN's and having friends buy them just to skew the value so they could actually get the cards cheaper. If im a dealer and i put up an old judge card and had a couple friends BIN right away with no actual transaction going but with prices much lower than they should go for,couldnt i then use his site to show a potential seller coming to me that the cards are worth less and heres data to prove it. |
#28
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VCP updating prices
Posted By: Matt
"what would stop people from putting up low BIN's and having friends buy them just to skew the value so they could actually get the cards cheaper." |
#29
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VCP updating prices
Posted By: Red
I think most people subscribe to the service only for the sales data. I don't care if the card sold at auction or through a BIN, a sales a sale, and the information for a BIN sale should be right there along with auction sales. If you do a completed item search on Ebay both BIN and auctions will be listed, so why not provide the same service. |
#30
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VCP updating prices
Posted By: Cat (ret.)
I have been a full subsciber since the very early days. I couldn't be happier with the service. I do think that BINs can skew the data. As stated earlier BINs many times reflect one desperate buyer gritting his teeth and paying an astonomical price just to fill his need. |
#31
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VCP updating prices
Posted By: Eric Brehm
I agree with Matt on this. The more data on sales of a particular card that is available, the better. When I look at a historical list of sales such as VCP provides, I tend to filter out the outliers (unusually high or low prices) in my mind, and I look at the average of the listed prices, although it is indeed useful to be able to see the actual range of prices that have been realized over a particular period of time. |
#32
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VCP updating prices
Posted By: dan mckee
What is the difference between a BIN bought buy a nutcase paying too much or 2 nutcases running up an auction with ridiculous snipes at the end? I have been a nutcase like this before. |
#33
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VCP updating prices
Posted By: sagard
The BIN information would be incredibly useful, especially if they could glean information from store sales. I don't care if they are excluded from the recent five average, but I hate that VPC seems to pretend they don't exist. |
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