VCP or SMR?

[3-2-count]

Originally Posted by Matthew H

I'm not sure why this information is so important. Most fixed price listings are overpriced anyway and are purchased by those who don't want to be patient and wait for an auction.

If the card is so rare that there is no information on VCP, Then I don't know how one fixed price sale can help determine the market value.

Matthew. This information is very important because the sole purpose of VCP is to record all sales of cards at auction. That's what the subscriber pays for. If their data is missing fixed priced auction items it's not an accurate level. I have purchased many cards at the fixed price level which were not over priced as I'm sure many on here have as well. Those transactions need to be included on VCP and not held hostage with those items that are outrageously listed. Those so called overpriced examples, (yes, there is alot of them) won't be selling anyway so your only keeping out the fair fixed priced BIN's that are actually turning in the market. Bobby if your listening, how doesn't this make sense??

[HRBAKER]

A sale is a sale, whether it may be a "overpriced" BIN or not. VCP users are fairly astute I would think. The site offers detail about what transactions comprise the "composite" average for a certain card right? If you have a card that is routinely trading the 5-600$ range and there is one BIN transaction for $1500 that skews the average most collectors/buyers will discount the legitimacy of that while formulating their buy price, but it is still a legitimate transaction and needs to be reported. The site does need to make very clear the difference between ebay auctions and BINS. To a much smaller extent don't we already do this when we back out the Buyer's Premium from the auction house's reported sales?

[Matthew H]

Originally Posted by 3-2-count

Matthew. This information is very important because the sole purpose of VCP is to record all sales of cards at auction. That's what the subscriber pays for. If their data is missing fixed priced auction items it's not an accurate level. I have purchased many cards at the fixed price level which were not over priced as I'm sure many on here have as well. Those transactions need to be included on VCP and not held hostage with those items that are outrageously listed. Those so called overpriced examples, (yes, there is alot of them) won't be selling anyway so your only keeping out the fair fixed priced BIN's that are actually turning in the market. Bobby if your listening, how doesn't this make sense??

I guess your right, I was just stating my opinion. I have hit the BIN too when I see a fair price. I usually knew the price was fair because it resembled previous auctions or whats current on VCP. The BINs either resemble SMR, VCP, completed listings or are overpriced. I personally don't care. To me the most important info is in there.

[3-2-count]

Originally Posted by Matthew H

I personally don't care. To me the most important info is in there.

Just not all of it though. Bobby, feel free to jump in.

[cfc1909]

I think you are right on and you are not getting accurate info or you moneys worth if all the info isn't there.

If you are going to offer a service for a premium you need to be through.

Bobby -listen to you customers, its good buisness.

[dstudeba]

Originally Posted by Matthew H

I guess your right, I was just stating my opinion. I have hit the BIN too when I see a fair price. I usually knew the price was fair because it resembled previous auctions or whats current on VCP. The BINs either resemble SMR, VCP, completed listings or are overpriced. I personally don't care. To me the most important info is in there.

But is the most important info there? I think VCP is very helpful, but how much of the market is it reporting? It isn't reporting raw or groups already. We can make general blanket statements about overpriced BINs because it is and easy target, but do we have know what percentage of single card graded sales are BINs? If it is 10% then I am OK with VCP, if it is 50% I have serious concerns. I have no idea what percentage of sales it is actually reporting, and this fact worries me.

[Matthew H]

I'm ok as long as they report the net54 B/S/T sales

[3-2-count]

Originally Posted by Matthew H

I'm ok as long as they report the net54 B/S/T sales

Now that's a must!!

[Matt]

Can someone point me to the post where Bobby said they don't record fixed price/BIN sales?