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Why Is Everyone Listing Cards On eBay At 1000% Above Market Value?

mwbaldwin05mwbaldwin05 Posts: 20

Has anyone been able to figure out why a $25 or $35 PSA 10, is now being listed for $200-$300? I don’t understand what’s going on, there are so many cards I need in order to get closer to completing my Registry Sets. But, I’ve literally run into a seller of a card that last sold for around $175 as a 10; and when I asked about the reason for the unbelievable markup. He tells me that he had been collecting that teams memorabilia for 25 years and if anyone is going to buy the card from him…”they are going to have to come out of pocket pretty hard”. I don’t understand listing something that you don’t really want to sell, nor do I understand all of these “eBay 1/1” listed cards with triple digit markup. Maybe I’m just getting old, but it seems like some of these younger sellers just list cards for what they want out of it instead of researching and listing for recent comps or closest thing to market value based on research.
I’m just so lost on these prices lately. I expect to pay more for rarity, autographs, RPAs etc. But it’s these basic variance slabs that I don’t understand the horrid prices on.
If anyone has any thought process on why this is happening so much over the last year to year and a half. I would love to hear some sane reasoning lol.

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