Best way to maximize profit in auction format?
stevegarveyfan
Posts: 579 ✭✭✭✭✭
Included in one of my recent pops was a 1951 Bowman #310 Erv Dusak PSA 9, and it SMRs at $680. In order to get the most out of this card, do you recommend using eBay, or would you recommend some other auction format, such as Robert Edward Auctions or Mile High (or similar auction house)?
Any reasonable advice will be appreciated!
Any reasonable advice will be appreciated!
0
Comments
An auction house is gonna cost you $$$. List the card on eBay, which provides you a much wider audience...put a Reserve price on the card that you can live with and let the chips fall where they may.
In regards to auction houses, it will get lost in REA. Goodwin is your best bet.
Always looking for Topps Salesman Samples, pre '51 unopened packs, E90-2, E91a, N690 Kalamazoo Bats, and T204 Square Frame Ramly's
Latest Auction Prices for: PSA 9
3/26/09 Mile High $1,213.78
I'd start it on ebay for $999, with a BIN of $1300.
If it doesn't sell go to $799, with a BIN of $999.
After that if it doesn't go, then try an auction house, but shop around, make sure they have similar items going in their next auction and negotiate a lower commission if possible, they will already make up to 20% on the buyer's premium, they don't need to double dip with you too.
Thanks again!
Good point from miwlvrn on the eBay fees for auction vs. BIN as well.
Good luck.
Just my .02
Joe
<< <i>i just found a new web site call bonanza.com. do not have to pay any listing fees. the traffic is pretty slow about 1/3 of ebay. i like it because its free. i have every item listed on both sites. you just have to wait alot longer for a sale. the more looks the better >>
The best way to maximize profit in auction format would be for him to list his 1951 Bowman PSA 9 card on bonanza.com?
Brilliant advice.