True or False

[rhettyeakley]

I'll repost what I posted in the other thread...


False

Not everyone knows everything about everything. If you do some hunting there are good buys on ebay via BIN.

Also, when you say "good deal" are you referring to something underpriced that you can then relist on ebay and double your money? If that is what you are looking for then you will not find those unless you are johnny-on-the-spot when they first get listed. However, if one is a collector and is searching for a card they need there are many sellers on ebay with reasonable prices. Personally, I sell a bit on ebay and don't feel like I am trying to gouge anyone as I set what I feel is a fair price and actually sell quite a bit through ebay, my stuff isn't graded so it is tough for the less knowledgable collector to research as they can't rely 100% on VCP to tell them if it is a "good deal" or not.

[dstraate]

I think this is similar to stock investing temperment. If you are looking to flip quickly, it's doubtful that you'll make enough to offset fees. However, it is possible to make a really good buy that will pay dividends the next time there's a spike in market prices. That involves market timing and everything else, but if you're a collector trying to piece together a few projects, there are always better times to buy than others.

[mintacular]

I guess "good deal" is a bit subjective. What I was referring to was not "flipping" i.e. a clueless seller that listed a card erroneously but more so a buy that is at or 10-20% below market price ex: "Yay, I just bought a PSA 6 Frank Robinson RC for $100 and know that in a few years if I decide to upgrade that I can resell it w/fees and "make my $ back". It seems to me that eBay is no longer the place for these deals but instead the place to sell if and when you can get a true deal "on the streets."

[Section103]

I bought one of Rhett's Canadian Goudeys within hours of his listing. I dont know if it was a "bargain" exactly, but it was definitely a fair price and I was thrilled to get it.

[Bridwell]

I'm a pretty active buyer on Ebay. I checked my history, and of the last 100 pre-war items I bought, 23 were BIN's. However, 18 of the 23 BIN's were negotiated to a lower price. I had only 5 where I did a BIN at full price.

There's a few deals to be had, but not many. Auction prices seemed a bit lower in 2010, so I felt I got better deals winning auctions than doing BIN's.

Any other opinions on this? In 2011, prices seem to be rebounding somewhat.