Do "one-cent opening bid" card auctions

most collectors will bid quickly and higher on cards started at .01 and .99 than any other start bids imo. Plus, you have so much more traffic that it lends itself to a higher ending.

I start most of my raw card auctions at one cent and let the bidders choose the price. I do not use gallery as it is useless and is just a wasted fee unless the item is over 25.00.

Occasionaly I have cards end at one penny, but most of the time they sell for much more.

Hopefully someone is reporting this numbskull

I charge 2.25 and combine additional items at no extra charge.

if selling low priced items like you asked about the gallery photo is not worth the money

Rich - I never complain if the final price is too low (it rarely is, but it has happened). I just take my hit, and move on. I used to list cards with bids of, say, half what I was looking to get for the card. Too many times, it seemed like bidders were afraid to make the first bid, and my cards went unsold. I relisted at .99, or something like that, and sure enough - the final price was met.

I agree, to each his own. But the seller using a .01 opening bid and an unreasonable shipping fee will be (and should be) kicked off Ebay, according to their recent policy changes.

Rich - How often do you have to relist your items? I found that most people like to bid and create the price-point for a certain item. You will get your people that need a card and just Buy It Now or will bid at a higher price-point. Was just curious, seems like fees could add up. To each is own.

Rich, I think that’s a good strategy.

This is a classic debate that I enjoy hearing both sides: listing higher dollar cards very cheap vs. at an acceptable price. I list at the lowest price I am willing to take (like Rich). I think some of the paranoia of starting low is justifiable; namely, failed snipes.

However, I’ve often seen higher prices commanded by items that started off very low.

Over the years I’ve come to the conclusion that there is a fallacious assumption made by those who start their items at a higher price: most people know what they are willing to pay for an item regardless of what others have bid on that particular auction. Based on experience, the aforementioned statement is not true. Most people are insecure and only feel comfortable bidding if they are “following” other bidders. Moreover, I believe there is an additional psychological aspect to it: most bidders feel the sellers need to lose in order for the bidders to win. If you start the item off at a fair price, that won’t happen.

An example would be the time I saw a card sell for $330 (SMR $230), there were 2 underbidders that bid over SMR. I listed the same card (same grade and also high-end) at a starting bid of $250, contacted both underbidders, and no one bid on the card. I relisted it for $10 and it sold for $300

I like your idea about fixed price with best offer option and lowering it every day or so.

I have on a couple of occasions had items in my store that people are watching, I will raise the price a couple of dollars and the item will sell. I just don't get bidders sometimes.