Beware The New Bidder

Vargha · January 16, 2004 12:01AM

I was going through my tracking of of closed auctions for 1975 Topps and a new bidder "larryvan" has appeared on the scene who is buying PSA 9's with semi-reckless abandon. He just bought RedSoxJeff's PSA 9 Johnny Bench for the BIN of $275, even though with one day left, it had failed to receive even an opening bid at $200 and the card has not sold for that much on eBay in the last 9 months that I've tracked prices. He also BIN'ed Nate Colbert in PSA 9 for $40 even though the price range has been $25-$30 in the last 9 months.

New blood always makes things interesting. It's good if you're a seller though.

Basilone · January 16, 2004 12:24AM

maybe he is the sinister alter-ego of "larry mayer"

thefootballcardstore · January 16, 2004 12:28AM

It's good if you're a seller though.

Or a collector, keeps the average price higher - good for any market.
(Unless you've bought on the top end that is).

If you are talking 1975 Bench regular issue - the here are tracked sales starting in April 2003:

213.50
200.00
250.00
255.00
255.00
242.50
235.05

Jeremy

Vargha · January 16, 2004 12:34AM

I paid $193.50 including the shipping for Bench.

thefootballcardstore · January 16, 2004 1:10AM

I would think you would be especially appreciative of the upward trend in value.
Or isn't that the case?

Vargha · January 16, 2004 1:37AM

If I were selling the set right now, I'd be extremely happy. Right now, I'm in purchasing mode. However, this is really more of an anomaly. It's just a single buyer who has not done his due diligence in the price arena.

Basilone · January 16, 2004 3:30AM

Why not sell you cards directly to him and make a nice profit...its not like you will not be able to replace those 1975's in the next year...

John

Vargha · January 16, 2004 2:10PM

Geez . . . maybe I will offer him my collection. Look what he and another bidder on bidding up a Stargell PSA 9 that has consistently sold in the $130's and failed to get a minimum bid at $150 the last time redsoxjeff listed this card 2 weeks ago.

eBay.com Bid History for 1975 Topps #100 Willie Stargell PSA 9 MINT

Machodoc · January 16, 2004 2:30PM

Dave -

Question about the crown icon in your sig line - are you plotting a palace coup against the King? Is there something Larry should know? Hmmmmmmmmmm.......

Vargha · January 16, 2004 2:34PM

LA Kings -- Since football season is over for the 'Hawks.

I have taken a vow of silence on any and all coup rumors until the money order I got from Larry in the mail today is deposited and clears the bank.

Machodoc · January 16, 2004 2:45PM

Glad you two are on the Wrong Coast.

I would hate to be anywhere nearby once you commence the "Blows Against The Empire".

Virtualizard · January 16, 2004 3:42PM

<< <i>Geez . . . maybe I will offer him my collection. Look what he and another bidder on bidding up a Stargell PSA 9 that has consistently sold in the $130's and failed to get a minimum bid at $150 the last time redsoxjeff listed this card 2 weeks ago.

eBay.com Bid History for 1975 Topps #100 Willie Stargell PSA 9 MINT >>

David,

Wow! I picked up my PSA 9 for $117 including s&h back in Sept. and it looks a hell of a lot better than that one.

I know that I bid outrageously from time to time, but this is ridiculous - I at least check the Pop Report and some dealer websites before throwing out a bid like that. As a seller, you have to love it though... I just wish it would happen to me sometime.

JEB.

Wabittwax · January 16, 2004 9:33PM

<< <i> As a seller, you have to love it though... I just wish it would happen to me sometime. >>

A few months ago I got a 9 back on a Yount RC. I offered it around here for $400. No takers. It sold on Ebay a week later for $609

Vargha · January 17, 2004 1:41AM

I just noticed that he BIN'ed 18 different 1975 commons at $10 each from Mickey's on Thursday.

Beware The New Bidder

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