Do Ebay stores make money selling overpriced cards?

[Peter_Spaeth]

When you have 10,000 plus cards, as some ebay sellers do, it doesn't take too many price inelastic, or impatient, or misinformed, buyers to generate a little cash flow. I suppose one can question the ethics of a business model premised on taking advantage of people (and I suppose one could question whether that is a fair description), but it obviously works.

[HRBAKER]

Peter one could argue that no seller has an obligation to protect a buyer from himself.

[sportscardtheory]

I don't understand why people are so scared of over-priced BINs. Make an offer of what you will pay. I regularly make offers for half of some BINs and have them accepted. Just because the BIN may be ludicrous, doesn't mean that seller won't accept a fair offer.

[T206DK]

The main problem I see is that even if you do make offers it os often not considered "reasonable" for the seller. A seller had a card that was probabaly worth $250-$300 listed for 1500. I asked him what he would reasonably expect to get for this card in that bad of condition. his reply was $900-$1000. Absolutely ridiculous he will be buried with that card , along with most of his other overpriced cards

[BCauley]

I asked a guy about a CJ card a few months back. It obviously wasn't that important since I don't remember it.

Anyway, he had it listed at a BIN of $750 and the BO option was available. I did my research through VCP and some price guide. Anyway, the sales had been between $300 and $400 and there was about five of those, all within the year. I offered $450 with an explanation as to how I came to the price. He countered with $700 and said he wouldn't go below that.

I thanked him for placing his cards into the ebay museum and he then informed me that he doesn't have to sell the card and he'll have it listed for the next 10 years at that price if need be as someone would eventually come along and buy it.

What a great sales model. He had some nice cards too and I probably would have been a repeat customer. Not that I buy a whole heck of a lot but repeat customers also bring in other customers.

Oh well, it's only cardboard. Back to work on dumping off my modern to purchase a decent Johnson portrait.

[jbbama]

All i know is i did a search yesterday and had 5500 items found, then i did auctions only and had a grant total of 384 items found....................outrageous doesn't begin to describe this scenario. Ebay museum is very accurate.

[Mrc32]

That is why I am eager to see Grandslambids get going. I am not of the school that thinks eBay is the only place that can do baseball cards. If the user base here starts loading the cards they want to sell on the new site, then i think it can thrive. If the cards are there, the people will come....

[4815162342]

http://cgi.ebay.com/1909-11-T206-ED-...item1c0d9c2492

[buymycards]

Daryl, look at this one from the same seller.

Rick

http://cgi.ebay.com/1909-11-T206-RAY...c#ht_500wt_975

[4815162342]

Wow, that's the rare New York version.

[ksabet]

If you look at that sellers sold stuff his highest sale was $100 and everything is shiny. I think its funny how people can attempt to sell items when they don't even know what they have.