vcp question
mmsportscards
Posts: 807 ✭✭
maybe this has been covered before, but i just noticed that vcp doesnt cover sold store items is this true? or is it they just missed a slew of them dunno
thanks in advance
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Comments
<< <i> If you would like you can report to us any that have sold with the eBay ID# and we will gladly add it to our system for you. >>
????
for you, for us, for the paying customers of this service?
Looking for 1970 MLB Photostamps
- uncut
Positive Transactions - tennesseebanker, Ahmanfan, Donruss, Colebear, CDsNuts, rbdjr1, Downtown1974, yankeeno7, drewsef, mnolan, mrbud60, msassin, RipublicaninMass, AkbarClone, rustywilly, lsutigers1973, julen23 and nam812, plus many others...
<< <i> I would say that 99.9% of them are over priced and really do not sell very often at all and just sit there for months and months. >>
If this statement is true wouldnt that make it rather easy to record in your system?
Looking for 1970 MLB Photostamps
- uncut
Positive Transactions - tennesseebanker, Ahmanfan, Donruss, Colebear, CDsNuts, rbdjr1, Downtown1974, yankeeno7, drewsef, mnolan, mrbud60, msassin, RipublicaninMass, AkbarClone, rustywilly, lsutigers1973, julen23 and nam812, plus many others...
auctions are very hit or miss
When u say make your sight look like a dump, please explain? Your already highlighting store items for vcp sellers but not the final sale if it sells. Are you covering fixed price auctions? Im not here to grill u bobby as I think the sight has alot of potential and is a great tool, however i dont see how u can pick and choose your sales to record dump or no dump its still a public sales record which this is what we pay for is sales ended. Another question i have is ive noticed alot of sales recorded on your sight which if the seller uses the same auction to relist another auction it gets recorded again under the original card. Maybe u have it fixed but ive noticed it alot with the big sellers or a few in which ive sold where i use turbo lister in my completeds and change the title. I dunno it this true or have u heard other complaints?
Back at the point, you say only .1 lets just say one percent are priced buyable so only 1000 store items are priced to sell. Jeez i must have sold the only 1000 since jan1.
Anyhow please answer these questions and oh one more on our collections when you going down the set it would be nice if the price avg would show instead of the past sale as well as the set itself or is this because of the prior question i stated before on the relists. Especially in my collection i would rather know the avg instead of having to go into ever player to see the sales.
Again im not here bashing just trying to understand why
Lmk, Matt
Yeah were on the same page guys it would be a much better tool for true cards and not just something thats a coaster and put 99 cents on and let it fly.
store items for VCP sellers are probably highlighted as VCP is probably receiving a referral fee from ebay for pushing traffic to them.
I've sold 16 graded cards (pre-52) out of my store since the 7th (as far back as a search will show) and the problem is it dosen't seperate store from regular auctions (not to mention store items that were pulled not sold)
Completed auctions
My only concern is that if a little guy like me has that many? How many total does the lack of recording them really miss?
indeed the store owners carry the logo and we get to see only there bins, i mean i get that part i can go do it as well and have been thinking about it but when and if they launch the new tool they have goin its a misguided price on the card if u wont record store items.
i dunno simple examples i deal with 78 gossage psa 9 sold three this winter between 24.99-34.99 all of which were 5050 and sharp no records of them but u will see the records of the 9.99 gossage thats 6040 sell so now everyone is in believing this is a 9.99 card. One could argue your only recording 99 percent of the junk and the 1 percent blazers the ones true collectors care 2 track arent.
again just wonderin
The primary purpose of your service is to provide examples of what cards sell for. It doesn't matter how many cards are listed, but when some of those cards sell that's exactly what people are paying you good money for. To record and provide those prices, whether it sells at auction, or fixed price in core or store. The card sold and people are expecting you to collect that data. That's what they're paying you for.
<< <i>if you look at 707 (speaking of Levi, ebay has a listing sale going on and I haven't seen the 20 707 threads normally going on) they do almost all ebay store buy it now listings and do very well with them. none of those sales are recorded in vcp >>
IMO there is a problem with that...No?
Looking for 1970 MLB Photostamps
- uncut
Positive Transactions - tennesseebanker, Ahmanfan, Donruss, Colebear, CDsNuts, rbdjr1, Downtown1974, yankeeno7, drewsef, mnolan, mrbud60, msassin, RipublicaninMass, AkbarClone, rustywilly, lsutigers1973, julen23 and nam812, plus many others...
Huge problem!!!!!!!
I believe VCP is paying ebay for the data...maybe they are trying to save money by not recording ebay store sales.
<< <i>A person selling a card for a price that he states and another person willing to pay for it is in my mind not the market price. >>
Well then, you do not have a very good understanding of economics.
All sales, regardless of format, are valid data points. Don't forget that in the real world, most economic transaction takes place in a fixed-price format. You don't bid on a quart of milk at the grocery store, for example.
The more you limit the types of data you collect, the more you limit the value of the pricing info you provide. Sports cards are bought and sold in a variety of ways: from stores, at shows, on Ebay, from auction houses, from websites, and in private transactions.
To claim that "that a regular auction where people place bids on an item is the true indicator of the value of the item", is economically inaccurate. If you want to determine the true value of an item then you need to track all sales of that item in all formats (something which I realize is just about impossible). All your data tells us is what the value of the item is when sold in an auction format. It has little relevance in determining the true economic value of an item.
Cant u track items sold on ebay, who cares about the listings i just want all SOLD sales lol though im no IT genius.
I know its your sight and opinion but im pretty sure the latter would win bringing u bigger revenue
what about the my collection on avg instead of last sale doesnt that make sense?
those prices should be taken into account. period
when a consumer buys at a fixed price no matter how much over an auction price
shows there is a market and precedent for that price
which in turn could affect future auction prices...
That is 100% BS. Bobby, when you sell your house or car, are you going to sell it auction where, in your mind, the true indicator of the value of an item is at? Of course not. You will post a price and sell when the right buyer.
There has been times where I look on EBAY and see a card that sold in auction way too cheap and if I saw the card in time, I may not have bought it, but the card would have sold for much more with my bid.
For example, in the past I have sold a card for $60 in my store. I look on VCP and the card has sold for $60 in BIN format. The auctions close for $35 to $45. The BIN is tracked, the store sale does not. Your reasoning that the $60 store sell is less of an indication of what the market is on a card escapes me.
About a month or so ago I was pricing a 1965 Topps Koufax PSA 8 for shows. VCP showed a 5 card average of round $275. I checked on EBAY and someone purchased one for $475 from a store. That buyer had alot of feedback (1000's) and searched for the card and made a decision to buy when the time/money or whatever was right. Why on earth is that transaction not as good an indicator of the true value as an auction where interested potential buyers must see the card in the specific seven day timeframe and card must sell in that seven day period.
People go on vacations, may only recently become interested in the card, has a life outside of EBAY & cards, etc and miss the seven day auction window. When a card is priced at a fixed price, it allows more people to have an opportunity to purchase it and I think that is a better indication of the cards value.
EBAY auctions has their place, with low pops, etc. I have no problem with your software and server not tracking store sales, but you site should be viewed/presented as what the card is worth at auction and not what the true market value is on a card. A card sold at auction is just one of many venues to determine the true market value.
We have debated this this at shows and will never see eye to eye on the issue.
<< <i>auctions stink... I get better value in my store...
those prices should be taken into account. period
when a consumer buys at a fixed price no matter how much over an auction price
shows there is a market and precedent for that price
which in turn could affect future auction prices... >>
Very well said.
Holy crud, did I just agree with OAKESY25
The point with the house does stand well. The point is that if you have an absolute auction on the house, you will not get market value for it. You will get hammered and get less than you would pricing it at a fixed price.
<< <i> All these cards just sitting there way over priced and almost no one wanting to buy. Yes there are exceptions and some do sell but not very often. >>
Can you support these comments?
Becuase it is the second time you have made them - and I believe them to be untrue...
Looking for 1970 MLB Photostamps
- uncut
Positive Transactions - tennesseebanker, Ahmanfan, Donruss, Colebear, CDsNuts, rbdjr1, Downtown1974, yankeeno7, drewsef, mnolan, mrbud60, msassin, RipublicaninMass, AkbarClone, rustywilly, lsutigers1973, julen23 and nam812, plus many others...
lol
I just purchased a card for $300 last night... through an aution
within the last month I SOLD the same card ( different psa # ) in my store TWICE
for $500 +
I stole it in my opinion.. as auctions have been anywhere from $300-650
of course it is... why would a buyer complain if it is driving DOWN the price of cards??
<< <i>Seems to me most of the people that are complaining are the sellers >>
And you have exactly what evidence to support this statement?
I don't know about the other people who have posted on this thread, but I'm a collector, not a dealer, and probably buy 10-20 cards for ever one I sell.
<< <i>Yes I could list my house for 10-20% even 40-50% over the market and it will sit there with no one interested in buying my house. Now doesn't this sound very familiar to the eBay store format??? All these cards just sitting there way over priced and almost no one wanting to buy. Yes there are exceptions and some do sell but not very often >>
So what? Whether or not a transaction takes place tomorrow via auction or six months from now via fixed-price sale is irrelevant unless you start accounting for the change in the value of money over time.
Many sellers are perfectly happy to wait as long as it takes to get what they perceive as fair value for an item. That does not mean that the data from their transaction, whenever it takes place, is any less relevant. In other words. data from a $50 sale that takes place six months from now in somebody's Ebay Store is just as relevant as data from a $30 sale in an auction that ended tomorrow.
To say that a sale which takes place in one form is more relevant/accurate than a sale which takes place in another format is just plain incorrect. All sale formats are equally valid.
Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
Adding outside sales to our database would be impossible.
As a collector when buying i want all info of whats been paid. Id rather not sit back and get outbid everytime due too auction vs actual value. Which supports oakseys.
I think what were trying to let u know is store items are moving and not getting tracked. You are saying there all overpriced? Which is untrue
because people are buying them! The only thing your doing is a false market value or repo auction report.
Geez just make it a complete product if possible.
Never knew more info was bad. When your looking at homes sold or going to sell your home
u dont make your list price based on a forclosure auctions.
So if i hype my auction more and get 20 bucks for my card and seller b doesnt get anyflow to his and has it ending at 3 am at yields 4.99 where do we sit?
and know we are paying customers.. hopefully when you have the capability
you will track these on line provable store listings because it has a big impact on future sales
and values of collections
Bobby
Totally agree on the outside sales but ebay store sales should be tracked. I take it theres no program or way to track just sold items instore.
But your saying I can send you a link to my store sale and you'll post it. OK i'll send u 400 sales a year do i get my acct free.
<< <i>I can prove it untrue...
I just purchased a card for $300 last night... through an aution
within the last month I SOLD the same card ( different psa # ) in my store TWICE
for $500 +
I stole it in my opinion.. as auctions have been anywhere from $300-650 >>
It seems to me, but i may be wrong, but most prices that have such a difference in price on vintage stuff is usually based on aesthetics?
Can you share images of the cards you are referring to? I am just curious, because I do see large variances infrequently...yes they occur, but usually
not that often, at least at cards that I shop for (usually what I refer to as key classic cards)?
<< <i>Bobby:
The point with the house does stand well. The point is that if you have an absolute auction on the house, you will not get market value for it. You will get hammered and get less than you would pricing it at a fixed price. >>
I don't agree with this statement. The housing market is terrible in many regions and I know that banks frequently hold auctions for houses that they have taken back from their mortgagees (or whatever they are called). These are houses that didn't sell at the so-called "market value." Since no one is buying these houses at the price the banks wanted, they go to auction and finally sell. Sure, they typically sell for a lot less money than if someone had decided to overpay for a house in a bad market, but if the demand is less than the supply and that causes the price to drop (below the perceived "market value") there is really a new market value, isn't there? Simply put, if you have a fixed price but no one is willing to pay that price, your assett isn't worth to others what it is worth to you.
And there are times when an auction brings in more than a fixed price . . . bidder's hysteria.
and anyone else if you are curious
If you have a better way of doing it then start your own site. The person with the better system will be the one to flourish. Right now, I think its a great tool and has SAVED me a ton of money as a collector.
With the way the economy is, I would rather know Im not going to overpay or pay more than I should have to for an item unless I choose to do so.
<< <i> Yes, there are those that sell higher but hit up shows or private sales and a good chance there are sales where cards go for LESS.
. >>
+1
I agree, there will ALWAYS be the occasional exceptional low and exceptional high prices, but the "median" average is a better indicator
of what the market is. VCP does a good job of showing that, and the fact that it shows images as well, will usually show where one got a lot lower or higher than the median.