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  #1  
Old 10-22-2010, 05:21 PM
Cy2009 Cy2009 is offline
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I am not a subscriber to VCP so someone enlighten me. Do the prices take into account Buy-It-Now sales or sales with one bid? I ask because I was told it didn't. With ebay now being overrun with Buy-It-Now sales as opposed to auction sales, without applying the Buy-It-Now sales, this would very much skew the prices. This may seem like a good thing to buyers, to have the cards reflect lower prices. But shouldn't VCP be fair to both buyers and sellers.

Again, I don't have the service, so if I am wrong, I would like to know.

Cy
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  #2  
Old 10-22-2010, 05:31 PM
Bosox Blair Bosox Blair is offline
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Quote:
Originally Posted by Cy2009 View Post
I am not a subscriber to VCP so someone enlighten me. Do the prices take into account Buy-It-Now sales or sales with one bid? I ask because I was told it didn't. With ebay now being overrun with Buy-It-Now sales as opposed to auction sales, without applying the Buy-It-Now sales, this would very much skew the prices. This may seem like a good thing to buyers, to have the cards reflect lower prices. But shouldn't VCP be fair to both buyers and sellers.

Again, I don't have the service, so if I am wrong, I would like to know.

Cy
Hi Cy,

Yes it does. There is a column right next to price that is called "Bids". For Ebay, a buy-it-now is recorded as BIN in that column. Auctions have the number of bids recorded. That info appears to go from present back as far as partway through 2007.

Cheers,
Blair
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Last edited by Bosox Blair; 10-22-2010 at 05:31 PM.
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  #3  
Old 10-22-2010, 06:31 PM
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Is ebay being overrun with Buy-It-Now sales or Buy-It-Now listings? Geez, I must be looking on the wrong ebay if it is the former.
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  #4  
Old 10-23-2010, 06:55 AM
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Quote:
Originally Posted by Bosox Blair View Post
Hi Cy,

Yes it does. There is a column right next to price that is called "Bids". For Ebay, a buy-it-now is recorded as BIN in that column. Auctions have the number of bids recorded. That info appears to go from present back as far as partway through 2007.

Cheers,
Blair


Blair,

I think your assumption here is incorrect. We have had this discussion here before. VCP does NOT record sales information on all BINs. I forget the exact distinction, but they get some, but do not capture others.



Edited to add: Here is a thread on this from about 4 months ago. It's long, convoluted, and sometimes painful to get through, but my take was that VCP does not record Ebay sales on BINs, made through Ebay stores. I admit, I could be wrong though. I'm old and my attention span seems to shorten every day.


http://www.net54baseball.com/showthr...light=vcp+BINs
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Last edited by Jim VB; 10-23-2010 at 07:25 AM.
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  #5  
Old 10-23-2010, 07:35 AM
Tedw9 Tedw9 is offline
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I just wanted to throw my 2 cents in on VCP tracking BIN's in stores. It DOES capture those, but only after the item has run it's course.

For example, if a store list an item for 30 days, I buy it on the second day it's for sale, VCP will not capture it until the full 30 days has gone by. So you would have to wait the 28 days before you would see it on VCP.

I asked Bobby this same question because I had purchased a pack and it did not show up and I thought maybe VCP had missed it.

I hope this helps clear some things up.
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  #6  
Old 10-23-2010, 08:24 AM
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Originally Posted by Tedw9 View Post
I just wanted to throw my 2 cents in on VCP tracking BIN's in stores. It DOES capture those, but only after the item has run it's course.

For example, if a store list an item for 30 days, I buy it on the second day it's for sale, VCP will not capture it until the full 30 days has gone by. So you would have to wait the 28 days before you would see it on VCP.

I asked Bobby this same question because I had purchased a pack and it did not show up and I thought maybe VCP had missed it.

I hope this helps clear some things up.


A quote from Bobby, in the thread I cited, post #61:

Quote:
"Chinese style is any auction that is set with a time format so our system knows when the ending time is to finalize the transactions. You see this for many fixed price auctions, Best offers and Buy it now as well as for the standard type auction. When there is no end time associated with the item we have no way of knowing whether that card sold or not using the API system set up by eBay. The only way to find out if a card has sold or not with no time limit is by having a person physically view the pages and that is not very doable."
He seems to be stating that there are some Ebay sales that he can not capture. So, no, it's not completely cleared up.
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Old 10-23-2010, 02:03 PM
Bosox Blair Bosox Blair is offline
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Quote:
Originally Posted by Jim VB View Post
He seems to be stating that there are some Ebay sales that he can not capture. So, no, it's not completely cleared up.
Hi Jim,

I have always understood this to be true - some sales are not captured.

My response was to a poster who had incorrect information that VCP does not record BIN sales or one-bid auctions. When I recently checked pricing on a Ted Williams card over half the recorded sales results were indicated as "BIN". So many of these sales are captured.

(Personally I completely disregard BIN sales results unless they are in line with auction results. To me, they are no reflection of market value at all. If they are significantly higher than auction results my view is that the purchase is either out of impulse or desparation, or that the buyer has no idea about the market for these items. The only exception is if the item is quite rare and has not been offered for sale in some time...but that is fairly easy to figure out using VCP too.)

Cheers,
Blair
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Last edited by Bosox Blair; 10-23-2010 at 02:04 PM.
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  #8  
Old 10-23-2010, 02:27 PM
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Whilst we are a conservative Republican, we would not waste our precious time dancing with a born again who can not name the country's most distinguished universities.

As for Mr. Sloate's Attila The Hun comment- we admire his success. He had only two types of competitors- those whom he took over and ruled and those whom he destroyed. His success was rather remarkable. Thanks for the compliment, Mr. Sloate.

As for Leon Lucky's comment- we provide many interesting posts, and actively buy and sell on BST. We share information selectively, and when it is to our advantage to do so. All of you Wharton Grads will recall that the first thing we were taught is" Free advice is worth what they pay for it."

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