What Happened To The #4 1965 Set On eBay?
Machodoc
Posts: 541 ✭
Just checked my email today and saw a bid cancellation notice from eBay because the item was ended early. Just curious if anyone here has an intel, as I was an active bidder on it.
Steve
Steve
0
Comments
Next time a premier piece likes this shows up on ebay - why bother bidding?
ebay Powerseller since 1998
Visit our On-Line card store at www.mickeysclubhouse.com - largest on-line inventory of slabbed Autographed Cards
I agree with you mickey, if you dont want to sell..dont list..if you want off ebay bids..list it here
<< <i>The set has not been sold. I pulled the auction early since it had not acheived the amount that I was willing to accept for the set. The last bid was well below the SMR at PSA 8 and the set had 33 PSA 9 cards. I was not willing to take a chance on selling the set well below its value since I did not have a reserve. I did not intend to mislead, however, it has taken me over 6 years to build this set and I'm not giving it away. >>
That's definitely understandable, and that's a fine set you have, but if there was a price you had in mind, why didn't you put a reserve for that?
Brian
Website: http://www.qualitycards.com
Always looking for Topps Salesman Samples, pre '51 unopened packs, E90-2, E91a, N690 Kalamazoo Bats, and T204 Square Frame Ramly's
Seriously, that was a bad decision!
JEB.
<< <i>...I chose not to do that because I believe I was more curious as to what I could get than actually selling it. ... >>
You'll never know what you could have gotten now, will you? Most serious collectors will place last minute bids or snipes. I put my 1969 and 1970 Topps sets on ebay last year with a reserve price that I thought would not be met, because I was "curious as to what I could get" as you put it. Guess what? They both sold!
I really feel sorry for some of the bidders who passed on other great deals, like Mickey. That really sucks! Ebay should do something to stop this practice, unfortunately, they are only concerned about making a profit. Two years ago you could have set a reserve price without it costing so much, now the reserve is a joke - you might as well just set a minimum bid. No winners here - bidders lose, seller loses, and ebay loses!
JEB.
<< <i>Ebay should do something to stop this practice, unfortunately, they are only concerned about making a profit. Two years ago you could have set a reserve price without it costing so much, now the reserve is a joke - you might as well just set a minimum bid. No winners here - bidders lose, seller loses, and ebay loses!
JEB. >>
I agree with you. Technically it is an eBay "offense" defined as, "Reserve Fee Avoidance - Canceling bids and ending a listing early because the seller's desired price has not been met."; however, this is rarely enforced.
Brian
If you had a price in mind..put the first bid at that price..if it goes it goes...To want to know what you will get for a particular item as you put it leaves people like myself at a disadvantage..should I then think on every NICE psa registered set that the seller is curious or really wants to sell? Lets say I was willing to pay 25K..I put that in as my high bid and the previous high bid was 7K so my max bid pushed it up to 7500.00...How in the world would you know what I was willing to pay? If the item had several snipers (as it seems yours had) your item could have jumped 10K more in the last few minutes. When you or any person decides that they want to sell a collection one should decide for sure they are really willing to part with it, and make the commitment via high starting bid or reserve. So it costs you 100.00 or so, but whats 100.00 vs 20K?
Good Luck anyway..just my 2 cents worth..probably minus 1 cent at that...
I'm not a big fan of making off-line offers on eBay auction, in part because it's against their rules, and to be honest, I don't like it when people ask me to do it with my own auctions. When the latter happens it's usually a case of someone making me an obvious lowball offer hoping that I'll bite, and I find it insulting. Since I'm an active eBay user it is also in my best interest to play within the rules, and a high-profile auction like yours might invite some scrutiny for off-line activity that I personally would not want to invite (of course, this assumes a degree of vigilance on eBay's part that may or may not exisit, but why take chances?).
Personally I delayed and couple of large transactions to upgrade my 1957 and 1972 sets to await the outcome of this auction, both of which are now lost to me in the meantime. In any event, I'll let you know if I change my mind. In the future, you should know that many of the heavy hitters of PSA buying either actively participate in these boards or silently watch while looking out for trading opportunities. I have had several high-dollar transactions with many board members which have not only been very satisfying in making new friends, but have also represented opportunities in acquiring large numbers of cards I could not have obtained through eBay or the auction houses. You might want to keep in mind the buying power of the people on the boards in the future.
Steve
<< <i>Hey, he's a Yankees fan, what did you expect?
Seriously, that was a bad decision!
JEB. >>
No Jeb, the real clue is that he is a Hokie.
"The Bobs" called it last week in a thread..stating that he expects the auction to be pulled.
As to the set--I too could've chose to go fishing on EBAY with my '68's, but posted on these boards and gave a price to genuinely (at least in my eyes) interested parties. In less than 10 days the deal has been completed at a net price I believe I couldn't have achieved on EBAY or with Mastro. Never discount the power of these boards.
Used to working on HOF SS Baseballs--Now just '67 Sox Stickers and anything Boston related.
<< <i>JEB must be a frustrated Red Sox fan. Dont worry JEB the Red Sox willl be 10 games behind by the end of July. >>
Bob,
I never particularly cared for the Red Sox. I've been a lifelong Marlins fan!
JEB.
<< <i>It's really funny that everyone was going to snipe my set at the very end. Can't imagine why no one has made an offer to me for the set. I'm thinking that maybe everyone was looking for a great deal on a great set. Nothing wrong with that, but can't do it at my expense. >>
Mike,
That IS how it works in this hobby. You alienated a lot of bidders and now you expect them to make you a private offer?
JEB.
Don't you have a clue about how sniping works? I had a snipe set WAAAAAYabove SMR (BTW do you know what it means to "set a snipe"?). Could you use some tips about the rules of eBay? I'm begining to think that Buckwheat was right..., and you can now bet that JEB is right. Man oh man...
SW
<< <i>I know what I want for the set. Please offer if you are seriously interested. My email is hokiedokie79@aol.com >>
Mikev,
You've missed a simple and inexpensive opportunity to sell your set, plus angered those still interested. Next time, if you know what you want for the set:
1) SIMPLY STATE THE AMOUNT UP FRONT ON THIS BOARD OR THE VINTAGE BOARD!!
2) Learn! You have shot yourself in the foot in not realizing and understanding how sniping works. Most all the big fish and a ton of little fish snipe regularly. I think you are aware of this now. Hopefully your new listing will calm the waters and result in a happy buyer/happy seller dance.
BOTR
<< <i>I had a snipe set WAAAAAYabove SMR >>
so what is SMR value of the set?
Just Bid.
(again Im not for him pulling but im not for sniping either)
<< <i>See another "point" against sniping. If you people would have just bid he may not have been in that situation. While I do not like people that "pull" auctions I dont like "sniping" either. You get "new" people (like this user) and just because he is unaware of "sniping" its his fault? (minus the reasons he stated BTW)
Just Bid.
(again Im not for him pulling but im not for sniping either) >>
Aknot:
I strongly disagree with the above statement. There are a bunch of bitter, rotten people in the hobby who are known to specifically look at people's active bidding lists (since it is so easily searched on Ebay...) and bidding on anything that the bidder is interested in - usually out of some stupid form of revenge, some perceived slight, or to just "get him bacl". This is why numerous big dollar buyers snipe and snipe only. When you are spending up to tens of thousands of dollars a year on auction winnings (which I am not...), bidders need to protect themselves, and sniping is the most effective way (hiding active registry sets you are upgrading is another).
MS
So if a seller "hides" his bidders the seller is "suspect"
If a seller "pulls" his auction early he is a (fill in blank)
If a buyer snipes he is "cheap", lazy or to busy. (my view trying to get best possible price at last minute)
Maybe Ebay can make it where the BIDDER has the choice of hiding his bid to others (except to the seller of course).
Would that help? NO ONE STEAL MY IDEA ITS COPYRIGHTED!!!
EDIT *** Not hiding his bid but his ID***
Sniping wouldn't exist if there wasn't a reason for it to exist, and to say otherwise is to simply ignore the reality of the economics of competitive bidding. It also ignores the sad fact that yes, it is unfortunately true that there are people out there who will bid up someone else's price without any intention of winning the item just for spite.
Steve
PS - John, SMR on the set is $18,600.
Sorry maybe I should rephrase it but I dont know how to.
How bout bidding the lowest price the person is willing to pay without fear of being outbid because you dont want to pay as much as someone else.
I still dont think that made sense either. You bid what you are willing to pay. If you get outbid "o well". Why use a program to try and "sneak" that bid in at the last minute "hoping" to win? (besides the people jacking up others bids just for spite.)
Any comment on the ability to let the bidder decide if he wants to show his ID or not? That would solve the problem wouldnt it? People can now bid what they want with no fear of another inflating it because of disdain.
"Murder" exist and there is no reason for it. I can think of a whole bunch of other stuff that exists "just because".
I only see one underlying reason for sniping (well now two because of the messing with others bids) trying to be "cheap". If you are willing to pay $100 put $100 down.
Again (from people that have not seen my other post) I have never been "sniped", I just find it "lacking" in the grand scheme of an auction.
As for getting a good price, well you get that anyway. Snipe or no snipe I have yet to buy at above "book/SMR" value.
Now I have sold a few WAY above book ad I will check to see if "sniping" had anythig to do with it.
AND I do not "dislike" anyone that does it. As you said its there and people are going to use it, and its not "against Ebay Law".
Just giving an opinion.
An auction finds the true worth of an item. Right now, your set is worth nothing because it has no offers from anyone to purchase it.
I am often willing to pay $500 for a card that is probably only worth $100. I am an irrational buyer of certain cards - I admit, acknowledge and accept it. That being said - my wants and needs are not 100% known by dealers and other collectors. There are some that do and have bid up on cards that I am interested in, simply because I bid on it well before the auction close.
That being said - I would rather put in a snipe bid for $500 and hope to get the card for $125, rather than put in a $500 bid straight out and get bid up in the process.
Your argument failure assumes rationality and an "assigned" value to a rare and desirable card. More often than not, there is not a single "value" that can be assigned - and the bidding/auction process is probably the most efficient way to ensure a fair value results.
Best-
ms
Would the ability to hide your ID if YOU wanted to make a difference in your decision to snipe or not? Just curious, as Ive said before never have sniped and Im like a sponge when it comes to stuff like this.
Anyone else feel free to answer this also.
Nah - not much of a difference. I'm a tired and true sniper at this point. Sometimes, even when I bid on Ebay using a friend or an alternate id (not that I have one - just theoretically, of course)...other people still bid me up.
Imagine this: You ever bid on an item on Ebay - and see that you are outbid? So you bid again? And again and again and again, until you've bid like seven or ten times and bid way more than you would have originally? I have, and I've seen others do it. Given that alone - it is advantageous to make the bid process as closed to "closed" as possible. In my mind - it is best accomplished by having the last-second snipe bid.
Best-
ms
I warned you having an infant would wipe you out and make you go postal!
Always looking for Topps Salesman Samples, pre '51 unopened packs, E90-2, E91a, N690 Kalamazoo Bats, and T204 Square Frame Ramly's
Dave
Now collecting:
Topps Heritage
1957 Topps BB Ex+-NM
All Yaz Items 7+
Various Red Sox
Did I leave anything out?
Since an Ebay auction is not an auction at all, but merely a window of time during which the person placing the highest offer wins the item, then why make your offer early on and let others know. Ebay is basically a sealed bid offering where all submit their highest bid, but the difference is that the bids are "opened" as they come in, rather than all at the end. Personally, I would rather not have my bid seen until the last minute.
Now if they kept the auction open until the last bid is in, like a 10 minute rule, then we would have a real auction.
<< <i>I can't think of any reason to post your bid before you have to. >>
Well the reason for this post is a good reason. People do not see activity. They get "disgruntled" and pull the auction. People that had "snipes" get "disgruntled". Thats more then 2 disgruntled people that could have been avoided if snipes were not used.
<< <i>The "disgruntled" seller is the exception. I will continue to snipe. >>
Since I actually sell more then I buy I should not complain. I will be putting a few more graded Callahans and other graded up. Would it be "foolish" to ask people (from the boards) if they bid let to me know if they are using a sniping program? I would not want to know how much of course (unless they loose at the end) consider it something of a study.
Apart from one obvious answer of being for investment purpose, the answer is a dealer who sells individual cards at a good price. The best example for me recently is Mickey buying the 1963 raw commons/graded stars set from Mile High and then put the individual cards up for sale (at his site and ebay) for someone like me who is building exactly the same type of set. My heart leaps (and I become poorer) whenever I see him add new NM/PSA 7 cards from years such as 1961 or 1963 or 1965. The fact that he sells most of these cards at a discounted price (and usually much cheaper than other dealers) doesn't hurt. (By the way, can someone sell him more NM raw 1957 or 1961 bb cards to him? I took nearly all he had and would like some more.
<< <i>"The Bobs" called it last week in a thread..stating that he expects the auction to be pulled. >>
Basilone, thanks for noticing
CU turns its lonely eyes to you
What's the you say, Mrs Robinson
Vargha bucks have left and gone away?
hey hey hey
hey hey hey
<< <i>Well the reason for this post is a good reason. People do not see activity. They get "disgruntled" and pull the auction. People that had "snipes" get "disgruntled". Thats more then 2 disgruntled people that could have been avoided if snipes were not used. >>
Aknot,
You seem like a reasonable fella but I scratch my head trying to understand your stance on sniping. You seem to think that if you can't clearly see 'forward progress' in an auction, the auction then must be on shakey ground.............
Here's a recent auction of mine. Notice the auction bidding, the 'end of auction' time and the 'date of bids'. Look at the final price, then the last few bids leading up to it. Sniping occured within the last few seconds and the price went from $129 to $406. (I also believe several snipes didn't fire because the price increased rapidly and 'overran' them.)
So, now knowing that this card should sell above the 3rd highest bid of $129 with a few hours to go, do I panic and throw in the towel?.............................. Yeah, if I wanted to sell myself short and rightly anger a number of bidders.
Result? - The buyer was pleased he got the card for the price (thinking it could have very well gone higher) and I was happy too, feeling the price was in the ballpark of where I thought it would be. So in this case, NO disgruntled people, with sniping playing an active part of the auction.
My rule of thumb is:
1) If you are confident in what you have - let it fly - snipe or no snipe.
2) If your not comfortable in what you have - reserve it, set initial price where you are comfortable, etc. - snipe or no snipe.
3) Sellers want to sell high; buyers want to buy low. Nothing wrong with any of this.......we all do it, everyday of our lives.
4) Sniping is here to stay; remember it's only an auction tool, nothing else.
BOTR
"I also believe several snipes didn't fire because the price increased rapidly and 'overran' them"
What is the possibilty someone didnt get a higher bid in? Then didnt get the card they wanted? With a higher price you wanted? Instead of them putting their amount in "earlier"?
As for the "disgruntled" I am refering to the few in this post alone. They were "ticked, upset etc." that someone pulled their auction because it was not getting any "hits" (at a "high level"), yet people said they were ready to pay "x" amount.
IF they would have just put in their bids when they found it there would have been no problem. Or did I read it wrong?
You put in the snipe for the max bid you are willing to pay correct? So if you are going to pay $50 for it "at the last second" why not pay $50 for it in the first day? If someone outbids you o well you were never going to go higher then $50 anyway, and now you know you can look "elsewhere" and or spend the money on something else. Instead of waiting 7 days hoping your snipe does not get "bumped" by anothers or not get in because of a "glitch".
It effects the seller because he sees no "action". And "may have" gotten a better offer "offline". (I do not mind people pulling auctions if there are no active bids) Yet with sniping you cant tell if there is going to be a "bid".
I do not think "less" of any of you BTW I just dont understand it. If you are going to pay $50 later why not $50 now?
The only "valid" excuse I heard was some people out of "spite" up others bids. Well maybe Ebay can make it where the bidder has the option of hiding their ID until auction end.
What I believe he meant was that there might have been other snipes that didnt record because the current price had already exceeded the max price of the snipe. This has no effect on the highest bid winning the auction.
And if you want to pay $50 for the item, its best to do it later when there is less chance of someone overbidding you because they have the time to do it.
I rarely ever go after anything I want without sniping. And when Im selling, I just dont get too worried about low bids with some time left because I know if I wanted the item, I wouldnt have bid on it yet either.
You just have to know the nature of the game.
Keith