BIN vs. Auction

[bbcemporium]

Originally Posted by bobbyw8469

Speaking for myself as a seller, it gets old selling a VCP average $950 card sell for only $300 thru the auction format. Alot of sellers get tired of giving their stuff away thru auctions when noone bids on them. That is why you see all of the BIN's.......

Bobbyw8469,
Which card of yours sold for $300 that had a VCP of $950? I regularly buy and sell cards via the auction format, and they nearly always end near the average VCP, some better, some worse.

[calvindog]

Could be that Frank DiRoberto was the underbidder on that $950 card and that's why it went so high. You guys appreciate that not all cards that are 'sold' and end up on VCP are not actually sold, right? This was part of the Mastro business model.

[Matt]

Originally Posted by calvindog

You guys appreciate that not all cards that are 'sold' and end up on VCP are not actually sold, right?

Next thing you'll be saying that a peanut is not a nut.

[bbcemporium]

Calvindog,
I primarily collect post-war cards that have a wealth of sales history, so an anomaly is fairly easy to identify. However, yes, I am aware of sellers with rare, scarce, or low pop cards trying to create a false sales history to influence future sales.

[calvindog]

Well, while I do find that most post-war graded cards usually end up within a range from ebay sales, I do agree that there can be the occasional very wide disparity -- but usually not 2-300% off, right?

[bbcemporium]

Originally Posted by calvindog

Well, while I do find that most post-war graded cards usually end up within a range from ebay sales, I do agree that there can be the occasional very wide disparity -- but usually not 2-300% off, right?

For post-war cards, with the exception of rare, scarce and low pop cards, I have observed a relatively low deviation of sales prices (maybe 10-30%). If the difference is much higher, usually there is a reason why. That is why I was curious as to what card bobby had sold.

[calvindog]

I agree completely.

[Kenny Cole]

I used to look at buy it nows in the newly listed category. I don't even waste my time anymore. I would rather take the chance of missing a bin card at a decent price, which is not very likely, than spend the time it takes to parce through all of the ridiculously priced stuff that people put up. If folks actually buy stuff at those prices, power to them. I'll go ahead and wait for an auction, pay 20% vig, and still probably spend less than I would if I bought from the idiotic bin prices on ebay.