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This does not make sense.

BPorter26BPorter26 Posts: 3,307 ✭✭✭✭

This just doesn't make sense to me. If you are a serious buyer for this card why would you go all the way to $87K when there's a nicer card sitting with a BIN for $80K? Five buyers passed on the $80K card. The games people play.

https://www.ebay.com/itm/1986-Fleer-Basketball-Michael-Jordan-ROOKIE-RC-57-PSA-10-GEM-MINT-PWCC/402259452907?hash=item5da88823eb:g:tzYAAOSwkNZeuefA

https://www.ebay.com/itm/1986-Fleer-57-Michael-Jordan-RC-Rookie-Bulls-HOF-PSA-10/202996065133?hash=item2f4382236d:g:BpgAAOSwtZFev1J1

"EVERYBODY LOVE EVERYBODY IT SAYS IT RIGHT THERE ON THE WALL" - JACKIE MOON

Comments

  • galaxy27galaxy27 Posts: 3,305 ✭✭✭✭✭

    what makes infinitely less sense to me is how on God's green earth this specimen found its way into a 10 holder to begin with

    David Blaine would be impressed

  • daltexdaltex Posts: 546 ✭✭✭

    People easily get caught up in auction hysteria.

  • lawyer05lawyer05 Posts: 1,653 ✭✭✭

    @daltex said:
    People easily get caught up in auction hysteria.

    bull.... this is OZARK stuff

  • lawyer05lawyer05 Posts: 1,653 ✭✭✭

    @galaxy27 said:
    what makes infinitely less sense to me is how on God's green earth this specimen found its way into a 10 holder to begin with

    David Blaine would be impressed

    omg

  • I agree with you, BPorter. And from what I have seen many times over-and-over again is that many of the "big" eBay consignment sellers (i.e. PWCC, Probstein,..) seem to sell cards at a higher price pretty regularly. And many times, it is WAY over another lesser priced Buy It Now.

    Personally, I think it is (a) many sellers send separate update e-mails after you buy from them, (b) many buyers add them to their Favorite Sellers list and get daily updates and (c) some buyers may not either know to "compare shop" cards or are just too lazy. I honestly see it almost every day and I scratch my head. I have bought from many of the big eBay sellers, but only if the auction hits my target price (or less).

  • thehallmarkthehallmark Posts: 1,045 ✭✭✭

    @galaxy27 said:
    what makes infinitely less sense to me is how on God's green earth this specimen found its way into a 10 holder to begin with

    David Blaine would be impressed

    Wow look at that. That section of that card would disqualify it from any of my bulk submissions. I would think zero chance of even a PSA 9 there. Wouldn't lose a wink of sleep about it either.

    I've been a supporter of TPG for a long time, but it's this kind of stuff that makes it harder and harder to defend.

  • 3 of the corners look similar. This stuff keeps me on the grading fence.

  • doubledragondoubledragon Posts: 4,618 ✭✭✭✭✭

    @galaxy27 said:
    what makes infinitely less sense to me is how on God's green earth this specimen found its way into a 10 holder to begin with

    David Blaine would be impressed

    🙄

    Hello, I'm a Joe Louis card addict.

  • billwaltonsbeardbillwaltonsbeard Posts: 3,351 ✭✭✭

    PSA 10s are fun to sell........that is all

  • blurryfaceblurryface Posts: 158 ✭✭

    looks like the hull of the titanic.

  • I noticed that the night before the final day it was up to $90,025 with 65 bids , but the next morning it was $87,125 with 48 bids 🤔... how does that happen , 17 less bids 12 hours later

  • doubledragondoubledragon Posts: 4,618 ✭✭✭✭✭
    edited May 22, 2020 4:23AM

    @nauvcire1 said:
    I noticed that the night before the final day it was up to $90,025 with 65 bids , but the next morning it was $87,125 with 48 bids 🤔... how does that happen , 17 less bids 12 hours later

    Some retracting going on?

    Hello, I'm a Joe Louis card addict.

  • Dpeck100Dpeck100 Posts: 10,478 ✭✭✭✭✭

    There were quite a few retractions and cancellations.

    rn(798feedback score: 798)
    Retracted:$87,825.00
    Bid:21 May 2020 at 8:05:07PM PDT
    Retracted:21 May 2020 at 8:13:06PM PDT
    r
    9(8feedback score: 8)
    Retracted:$90,000.00
    Bid:16 May 2020 at 11:41:56AM PDT
    Retracted:20 May 2020 at 5:45:27PM PDT
    2f(483feedback score: 483)
    Retracted:$63,100.00
    Bid:13 May 2020 at 12:09:08AM PDT
    Retracted:20 May 2020 at 1:13:37PM PDT
    n
    g(70feedback score: 70)
    Cancelled:$90,025.00
    Bid:17 May 2020 at 6:37:12AM PDT
    Cancelled:20 May 2020 at 8:20:45AM PDT
    ho(520feedback score: 520)
    Retracted:$90,125.00
    Bid:19 May 2020 at 11:42:46PM PDT
    Retracted:20 May 2020 at 12:01:33AM PDT
    -
    9(19feedback score: 19)
    Retracted:$91,000.00
    Bid:18 May 2020 at 11:24:54AM PDT
    Retracted:18 May 2020 at 11:55:00AM PDT
    2d(25feedback score: 25)
    Cancelled:$87,625.00
    Bid:15 May 2020 at 6:19:23PM PDT
    Cancelled:17 May 2020 at 9:07:28AM PDT
    e
    e(119feedback score: 119)
    Cancelled:$87,625.00
    Bid:16 May 2020 at 8:04:26AM PDT
    Cancelled:17 May 2020 at 9:06:54AM PDT
    cv(590feedback score: 590)
    Cancelled:$87,425.00
    Bid:15 May 2020 at 6:03:17PM PDT
    Cancelled:17 May 2020 at 9:06:34AM PDT
    8
    2(138feedback score: 138)
    Cancelled:$87,225.00
    Bid:15 May 2020 at 5:29:17PM PDT
    Cancelled:17 May 2020 at 9:06:04AM PDT
    w.(8feedback score: 8)
    Cancelled:$110,000.00
    Bid:15 May 2020 at 9:36:32PM PDT
    Cancelled:16 May 2020 at 7:49:46AM PDT
    9
    z(6feedback score: 6)
    Cancelled:$110,200.00
    Bid:16 May 2020 at 2:29:35AM PDT
    Cancelled:16 May 2020 at 7:49:05AM PDT
    aa(0feedback score: 0)
    Cancelled:$1,000,000.00
    Bid:15 May 2020 at 6:23:42PM PDT
    Cancelled:16 May 2020 at 7:48:05AM PDT
    7
    s(49feedback score: 49)
    Retracted:$100,000.00
    Bid:13 May 2020 at 9:11:04PM PDT
    Retracted:16 May 2020 at 1:45:05AM PDT

  • ScocsScocs Posts: 11

    It’s called corruption...

  • Also, do you really need to charge $125 shipping on a card you know is going to sell somewhere in the $50-$100K range?

  • thehallmarkthehallmark Posts: 1,045 ✭✭✭

    @otherbrotherdarrell said:
    Also, do you really need to charge $125 shipping on a card you know is going to sell somewhere in the $50-$100K range?

    For them it's not about squeezing every last dollar, it's more about accounting.

  • lawyer05lawyer05 Posts: 1,653 ✭✭✭

    @80sRockNut said:
    I agree with you, BPorter. And from what I have seen many times over-and-over again is that many of the "big" eBay consignment sellers (i.e. PWCC, Probstein,..) seem to sell cards at a higher price pretty regularly. And many times, it is WAY over another lesser priced Buy It Now.

    Personally, I think it is (a) many sellers send separate update e-mails after you buy from them, (b) many buyers add them to their Favorite Sellers list and get daily updates and (c) some buyers may not either know to "compare shop" cards or are just too lazy. I honestly see it almost every day and I scratch my head. I have bought from many of the big eBay sellers, but only if the auction hits my target price (or less).

    probstein is ok
    pwcc is somewhat peculiar

  • Dpeck100Dpeck100 Posts: 10,478 ✭✭✭✭✭

    I mailed a $1,000 card overnight to NY and is was $57. Lost big on this shipping. There is no issue charging that much on insured items because it’s not their product.

  • 80sOPC80sOPC Posts: 482 ✭✭✭

    What a hobby.

    Card is way overgraded, and then gets shilled like crazy in an auction run by an auctioneer under FBI investigation.

    Good times.

  • FrozencaribouFrozencaribou Posts: 855 ✭✭✭

    The massive run ups in 2015 and 2016 obviously worked out for some in the hobby. The template is now being applied to a new set of targets.

    I think it is fascinating that the Beckett baseball hot lists from 1989, 1990 and 1991 has stood the test of time so well. It's like the glory years of the hobby are hardwired into collector spending habits today. Makes a lot of sense, considering the nostalgia and also the buy in from a young age to the speculative nature of cards. Growing up in the 80's and 90's I believed in Beckett. I believed in speculation. In 1990, I believed a Jose Canseco 1986 Donruss was worth $100.

    When the hobby boom went bust in the 90's and eBay made me realize there were millions of these 80's cards out there instead of my little local card show bubbles of scarcity, it was disillusioning.

    Maybe this recent boom is just us getting back to that feeling that these cards are scarce, and owning them in PSA 10 is just as satisfying as it was to own an ex-mint copy of the same card back then. We just have to contend with shilling and trimming and lots more $$ than we did back then.

    -Nathanael

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