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Have cards in Greg Busineau's auction and anxious to see how it ends up

For the first time I have submitted some cards to a telephone / online auction firm to sell...Greg Busineau's Sports Rarities. I am really interested in the outcome mostly because I have always had a hard time determining if it is better to sell on eBay where there is no buyers fee or with a reputable auction firm with a buyer's fee (in this case 20%). With eBay, I as the seller pay the eBay fees and Paypal fees. With Sports Rarities I am paying no fees. Would I do better on eBay which is buyer friendly compared to the auction house with the buyer fee...or will the buyers that buy through major auctions not concern themselves with the buyer's fee as much as I think they might? Now, to be sure, many of the cards I sell would not be accepted by an auction firm, but in this case I have submitted some sweet cards to "Greg Busineau's Sports Rarities":

1964 Cubs Team Card PSA 10 1/1
1968 Gaylord Perry PSA 10 1/5
1968 Mike Marshall RC PSA 10 1/3
1969 Curt Flood O-Pee-Chee Deckle Edge PSA 10 1/1

I am interested in the thoughts of Board members who have had experience selling their cards via eBay and also with a reputable auction firm.

Comments

  • bobbyw8469bobbyw8469 Posts: 7,139 ✭✭✭
    Most people who bid through those catalogued auction houses factor in the 15-20% buyer's premium into their bids. That is money that goes straight to the house that the consigner doesn't realize.
  • handymanhandyman Posts: 5,384 ✭✭✭✭✭
    I think they distract you with saying you have no fees(-12%ebay fees in most cases) to stick a 20% fee on you via buyers premium.
    I think top cards might do better at a big auction house like 10k and up items. Buyers feel better buying for a legit company with that type of money on the line.
  • gemintgemint Posts: 6,126 ✭✭✭✭✭


    << <i>I think they distract you with saying you have no fees(-12%ebay fees in most cases) to stick a 20% fee on you via buyers premium.
    I think top cards might do better at a big auction house like 10k and up items. Buyers feel better buying for a legit company with that type of money on the line. >>



    When you add up the FVF, PP Fee, shipping cost and time, eBay isn't all that much cheaper than auction houses. The benefit of Sports Rarities is they publish a nice catalog to feature your items as opposed to having it buried amongst hundreds of thousands of other sportscard auctions. Having said that, I think auction houses are hit or miss...but then so is eBay. I've found some good deals through auction houses but I've also seen stuff go for much more than eBay.
  • handymanhandyman Posts: 5,384 ✭✭✭✭✭
    Agree . But when you are selling a 2,000.00 card. i think my time is worth the 8% different of the 20% minus the 12% ebay fees/paypal fees/sh. So 8% is now worth 160.00 I guess in difference for this example. And the time is not to much I feel.
    For a average joe guy thats about 12-14 hours of manual labor or about 1 1/2 days work just listing a single card of this value.
    Its hit or mis on both so its just how much you value your time I guess.
  • There is also intrinsic value in the fact that it is the auction house selling your item, not you. Anyone who has sold on eBay knows how difficult the buyers can be at times. Through a house, if the buyer has a problem with the item, it's the house's problem, not yours.
  • tyweb1tyweb1 Posts: 528 ✭✭
    I just bid on your 64 Topps Team card but am not the leader. I am out at that price. I hope it goes higher for you.
  • SOMSOM Posts: 1,555 ✭✭✭
    I think this is the first time anyone on this Board has used the words "reputable" and "auction house" in the same sentence lately!

    image
  • bobbyw8469bobbyw8469 Posts: 7,139 ✭✭✭
    PSARich. I have been told by some "reputable" board members that any time that you are promoting your cards, whether they be on Ebay, Greg Businneau, Clean Sweep, et al, then the thread really needs to be on the BST thread. Just a reminder....
  • PSARichPSARich Posts: 534 ✭✭✭
    SOM: You are correct, lately there has been no love shown for auction houses, on this board; i.e. shill betting, etc. But I do believe that Greg Busineau has built a reputation over many years as having run legitimate auctions. Perhaps I haven't been made aware of issues with his business but as it stands I do trust he is above board. I also believe that there are many other people in the sports collectibles selling or auction business who are honest business people. Doesn't mean we shouldn't be cautious and there is certainly no room for naivety but the point being that there are many honest people in our hobby.

    bobbyw8469: Your point is well taken. It was not my intention to promote the cards I have in Busineau's auction to induce bids but rather so readers could evaluate the sales when the auction is completed in terms of addressing the discussion issue I was trying to pomote... "is it better to sell on eBay or consign your cards to an auction house". Next time to the BST forum.
  • itzagoneritzagoner Posts: 8,753 ✭✭
    Examples of Irony
    Irony pervades contemporary language. From its use in sarcasm, comedy and just everyday conversation, irony has long transcended from only being a literary device.


    Irony Categories
    Irony can best be defined as that middle ground between what is said and what is meant, or others’ understanding of what was said and what was meant. It can sometimes be a bit confusing, yet at the same time it can also be amusing. There are several examples of irony which can be summed up in various categories.

    Situational Irony
    This type of irony may occur when the outcome of a certain situation is completely different than what was initially expected. It is often referred to as an “irony of events.”

    Examples of irony in the situational category include a contradiction or sharp contrast.

    •Example: A person who claims to be a vegan and avoids meat but will eat a slice of pepperoni pizza because they are hungry. It may not make sense, but it is an illustration of irony.
    •Example: A man who is a traffic cop gets his license suspended for unpaid parking tickets.
    •Example: An ambulance driver goes to a nightime bike accident scene and runs over the accident victim because the victim has crawled to the center of the road with their bike.

    Cosmic Irony
    This type of irony can be attributed to some sort of misfortune. Usually cosmic irony is the end result of fate or chance.

    •Example: Gambling. If you are playing blackjack chances are you will be up (making money) for awhile, and then just when you thought things were going good, you lose it all.
    •Example: The Titanic was promoted as being 100% unsinkable; but, in 1912 the ship sank on its maiden voyage.
    •Example: At a ceremony celebrating the rehabilitation of seals after the Exxon Valdez oil spill in Alaska, at an average cost of $80,000 per seal, two seals were released back into the wild only to be eaten within a minute by a killer whale.
    Cosmic irony feeds on the notion that people cannot see the effects of their actions, and sometimes the outcome of a person’s actions may be out of their control.

    Dramatic Irony
    Dramatic irony occurs when there is miscommunication in a book, play or film and the audience is smarter than the characters.

    •Example: As an audience member, you realize that if a character walks into an abandoned warehouse, chances are a killer is waiting... but because you are a member of the audience you cannot disclose the information to the character.
    •Example: In Romeo and Juliet by William Shakespeare Romeo finds Juliet in a drugged state and he thinks she is dead. He kills himself. When Juliet wakes up she finds Romeo dead and kills herself.
    •Example: In Macbeth by William Shakespeare Macbeth appears to be loyal to Duncan but he is planning Duncan's murder. Duncan doesn't know Macbeth's plans but the audience knows what is going to happen.
    This is most often seen in horror films. If you are watching a horror movie, you know by the actions of a character that their number is about to be up.

    Socratic Irony
    This type of irony is most relative in the great world of academia and is related to the Socratic teaching method. The Socratic teaching method encourages students to think and present opposing views while the teacher plays ignorant.

    •Example: Later on in the lesson the teacher completely embarrasses the student, by illustrating how their points were both foolish and ignorant.
    The Socratic teaching method is widely used at prestigious colleges and universities on the undergraduate level where bustling minds are quick to ignore the obvious in exchange for coming up with a grand explanation to a not so grand problem.

    •Example: Another way in which Socratic irony is used is when a person pretends to be completely ignorant about a topic in an argument just to get an upper hand in the argument.
    •Example: A professor never answers questions and does not explain key concepts of the course; however he expects students to come to class after having read their assignment, ready to answer the professor's questions.
    •Example: A child asks his parents how the presents got under the Christmas tree to which the parents reply that they have no idea.
    Socratic irony can be used as a tactical strategy in getting what you want.


  • PSARichPSARich Posts: 534 ✭✭✭
    itzagoner...that's not a link to your eBay auctions on the bottom of your post is it? Very ironic its on the sports cards and memorabilia forum. Just kidding as I always enjoy your posts and humor.
  • itzagoneritzagoner Posts: 8,753 ✭✭
    image
  • miwlvrnmiwlvrn Posts: 4,266 ✭✭✭✭✭
    I'd agree it is probably better for higher dollar items than lower when it comes to advantages of marketing for some of these auction houses. I've noticed some things in the $2000 and higher range have sold for more through auction house than on ebay. Conversely, I recently bought an item from Busineau towards the end of the summer that went for a little under $100, and I was able to quickly flip it for triple on ebay a week later since it sold way too low.
  • goraidersgoraiders Posts: 2,158 ✭✭✭


    << <i>PSARich. I have been told by some "reputable" board members that any time that you are promoting your cards, whether they be on Ebay, Greg Businneau, Clean Sweep, et al, then the thread really needs to be on the BST thread. Just a reminder.... >>



    Spoke with the reputable members you speak of and they said this thread
    was fine here and good luck with sales!
    J.R.
    Needs'
    1972 Football-9's high#'s
    1965 Football-8's
    1958 Topps FB-7-8
  • pclpadspclpads Posts: 457 ✭✭
    pm sent
  • bobbyw8469bobbyw8469 Posts: 7,139 ✭✭✭


    << <i>Spoke with the reputable members you speak of and they said this thread >>



    Yep...double standards and hypocrisy abound. Wouldn't expect any less from the board.....
  • itzagoneritzagoner Posts: 8,753 ✭✭
    i don't see this as being any different than other guys discussing their activities with Probstein, PWCC, or you, or me, if they thought it would make for a good way to share information and experience.

    we all need to let the mods decide what we can discuss here, i guess. if they felt it was inappropriate or if someone was abusing the privilege of using this forum, then they'd act accordingly.

    the passion of this hobby includes businesspeople, collectors, flippers, hustlers, niche dealers, whatever......we're all here. let's discuss some stuff and quit picking on good card people. jmo.


  • << <i>i don't see this as being any different than other guys discussing their activities with Probstein, PWCC, or you, or me, if they thought it would make for a good way to share information and experience.

    we all need to let the mods decide what we can discuss here, i guess. if they felt it was inappropriate or if someone was abusing the privilege of using this forum, then they'd act accordingly.

    the passion of this hobby includes businesspeople, collectors, flippers, hustlers, niche dealers, whatever......we're all here. let's discuss some stuff and quit picking on good card people. jmo. >>



    This
    Miconelegacy Auctions
    "Live everyday, don't throw it away"
  • esquiresportsesquiresports Posts: 1,360 ✭✭✭
    If you are going to have a separate discussion forum from a BST forum, the most logical demarcation to me is not naming specific cards you are selling in the discussion forum. If the original post just left out listing the specific cards, I don't think there would have been any reaction (but I could be wrong). Then the post really gets to the point made in reply above mine - learning/sharing experiences/etc. Naming the specific cards should rarely if ever add material meaning to a post. Cards can always be spoken of generally while getting the point across (e.g., a pop 1 of 1 card, a $5K card, etc.).

    I'm pretty new to this forum, and seeing these semi-BST posts doesn't bother me, but it goes at least in part against the idea of separate forums.
    Always buying 1971 OPC Baseball packs.
  • For one, I think you are all getting a little over "politically correct" regarding pushing sales in this forum.

    Second, personally, I have my eye on some beautiful graded HOF rookies coming up in Greg's auction. I will figure in 20% plus higher shipping charges when I make my final bids. So, in my opinion you are giving up about 7% over selling on Ebay.


  • << <i>I have submitted some sweet cards to "Greg Busineau's Sports Rarities":

    1964 Cubs Team Card PSA 10 1/1
    1968 Gaylord Perry PSA 10 1/5
    1968 Mike Marshall RC PSA 10 1/3
    1969 Curt Flood O-Pee-Chee Deckle Edge PSA 10 1/1 >>



    Lot #719: 1964 Topps #237 Cubs Team PSA GEM MT 10
    Final Bid(Includes Buyers Premium):$2,670

    Lot #763: 1968 Topps #85 Gaylord Perry PSA GEM MT 10
    Final Bid(Includes Buyers Premium): $270

    Lot #766: 1968 Topps #201 Mike Marshall PSA GEM MT 10
    Final Bid(Includes Buyers Premium): $330

    Lot #769: 1969 O-Pee-Chee Deckle Edge Curt Flood PSA GEM MT 10
    Final Bid(Includes Buyers Premium): $120

    Congrats PSARich on the Cubs Team card.
  • goraidersgoraiders Posts: 2,158 ✭✭✭


    << <i>

    << <i>I have submitted some sweet cards to "Greg Busineau's Sports Rarities":

    1964 Cubs Team Card PSA 10 1/1
    1968 Gaylord Perry PSA 10 1/5
    1968 Mike Marshall RC PSA 10 1/3
    1969 Curt Flood O-Pee-Chee Deckle Edge PSA 10 1/1 >>



    Lot #719: 1964 Topps #237 Cubs Team PSA GEM MT 10
    Final Bid(Includes Buyers Premium):$2,670

    Lot #763: 1968 Topps #85 Gaylord Perry PSA GEM MT 10
    Final Bid(Includes Buyers Premium): $270

    Lot #766: 1968 Topps #201 Mike Marshall PSA GEM MT 10
    Final Bid(Includes Buyers Premium): $330

    Lot #769: 1969 O-Pee-Chee Deckle Edge Curt Flood PSA GEM MT 10
    Final Bid(Includes Buyers Premium): $120

    Congrats PSARich on the Cubs Team card. >>



    Nice to cee the results,thanks DuDe!
    J.R.
    Needs'
    1972 Football-9's high#'s
    1965 Football-8's
    1958 Topps FB-7-8
  • PSARichPSARich Posts: 534 ✭✭✭
    Thanks you guys. I knew there were 2-3 serious 1964 Topps Baseball Set Registry members who had 100% completion with weighted GPAs higher than 9, so I figured it would be a good time to auction off a PSA 10 1 of 1 and hope there would be some serious competition to win the auction. And there was...the auction went into the "extended" time mode. But still the final bid far exceeded what I was expecting. The other three cards did about as I expected. I knew the 1969 O-Pee-Chee Deckle of Curt Flood, although a PSA 10 1/1, wouldn't garner a lot of attention because 1) there are not a high number of this issue graded and 2) there is not a lot of interest in the set. Overall, I am pleased with the results of consigning the cards to an auction house.
  • bobbyw8469bobbyw8469 Posts: 7,139 ✭✭✭
    I'm glad Rich. Is that the only auction house you ever consigned to? Me personally, I have consigned with Goodwin, Memory Lane, and Robert Edwards, so I can tell you my opinion on all three of them if need be.......
  • PSARichPSARich Posts: 534 ✭✭✭
    Bobby:
    I talked with two other auction house representatives at this year's National in Baltimore just so I could better understand the process, the fees, etc. I specifically mentioned the 1964 Cubs team card PSA 10 1/1 to see if they were interested and they were. They said it should bring $1000-$1200 at auction. I was impressed with all those I talked with and I believe that one was mentioned in your post. I went with Busineau basically because he got back to me and the others did not. I received a nice letter with generous terms, plus he lives about 150 miles north of me so I figured I would try it out.

    I couldn't really tell you if I would have done better on eBay with the Cubs cards but I really can't imagine that I would have. As for the other three cards, I doubt if there would be a whole lot of difference in sales as they sold for about what I thought they would.

    I would be interested in your opinion because I have no experience with any other auction house. I can say I was impressed with Greg Busineau's catelog and all the communication he has provided me. Please send me a PM if you don't want to put your opinion on the message board.
  • itzagoneritzagoner Posts: 8,753 ✭✭
    good job Rich, nice haul on the Cubs Team card. image
  • bobbyw8469bobbyw8469 Posts: 7,139 ✭✭✭
    pm sent
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