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Very strange bid history, but a nice flip for a profit of $390 in just 19 days

nam812nam812 Posts: 10,601 ✭✭✭✭✭
in Trading Cards & Memorabilia Forum
It seems like a great flip for the seller just 19 days after buying it, but the bid history on the $475 card seems very odd.

Nov. 5th bought for $85

Nov. 24th sold for $475

Edited to fix the links.

Comments

  • KnopflerKnopfler Posts: 783 ✭✭✭
    Looks like you linked the first auction in both links.
    Topps Heritage Cards

    Allen & Ginter Cards

    My Blog -- Ballcard Mania
  • downtowndowntown Posts: 671 ✭✭✭
    nov 24th link is same as nov 5th link...
    seller matka of nov 5 sale has another up for auction
    I collect Seattle Pilots autographs, 1969 Topps autographs, Signed Mickey Mantle Home Run History cards and have a JC Martin collection (he was my college Baseball coach)
    Doug
  • nam812nam812 Posts: 10,601 ✭✭✭✭✭
    Links are now correct, sorry about that.
  • brian26brian26 Posts: 826
    How the hell did the last bid go from $85 to $475?
  • sayheykid54sayheykid54 Posts: 779 ✭✭
    Nice profit margin. Could be two registry buyers bidding against each other.
  • daddymcdaddymc Posts: 3,080 ✭✭✭
    I've bought from that seller before. Never had any issues with them.
    Currently working on: Kurt Warner PSA 9 or 10

  • MBMiller25MBMiller25 Posts: 6,056 ✭✭
    Thats ridiculous
  • nam812nam812 Posts: 10,601 ✭✭✭✭✭


    << <i>How the hell did the last bid go from $85 to $475? >>



    That's my question.

    I understand sometimes two guys fight it out, but in this case I don't see where the under bidder was fighting.
  • KnopflerKnopfler Posts: 783 ✭✭✭
    Maybe the reserve was $475?
    Topps Heritage Cards

    Allen & Ginter Cards

    My Blog -- Ballcard Mania
  • SidePocketSidePocket Posts: 2,901 ✭✭✭
    Hey, it's worth it.

    "This card has been kept in my smoke free/pet free home."

    He kept it smoke free the whole two weeks he had it.

    "Molon Labe"

  • gumbyfangumbyfan Posts: 5,168 ✭✭✭


    << <i>Maybe the reserve was $475? >>



    Yep.
  • yankeeno7yankeeno7 Posts: 9,253 ✭✭✭
    Looks like it slipped through the cracks. Power to the registry!
  • PoppaJPoppaJ Posts: 2,818 ✭


    << <i>Maybe the reserve was $475? >>



    /////////////////////

    I believe that was the case.

    Here's what it says on the bidding history page:


    1975 Topps AL Championship #459 PSA 9 MINT 0 HIGHER 1/8

    Winning bid: US $475.00

    Reserve met


    Also: The Registry is a Powerful Thing, indeed!

    PoppaJ

  • slantycouchslantycouch Posts: 1,704 ✭✭✭
    Wow. Nice flip for sure.
  • Bosox1976Bosox1976 Posts: 8,566 ✭✭✭✭✭
    Weird since the 11/5 auction ran full term. You'd think anybody willing to drop 5 bills on that card would have thrown in a bid or two the first go-round.
    Mike
    Bosox1976
  • slantycouchslantycouch Posts: 1,704 ✭✭✭
    Absolutely true. Hard to imagine but maybe it just fell through the cracks.
  • rube26105rube26105 Posts: 10,225 ✭✭
    i bet he makes his cat smoke on the porchimage
  • easydoesiteasydoesit Posts: 547
    I had a card do that a few years ago. Texas sports cards ended paying over $250 for a psa 8 1956 common that should have sold $40+/-. I asked why so much. They said that when they have a customer that needs a card badly, like that common, they will throw down a last minute bid that would surely make them the winner. In this case they bid $250, problem is, that is another person uses that same logic the card goes sky high for no real reason. I am betting two people threw in bids on this card using that same logic. Just my guess, but it did happen like that to me.

    chris
    "I put my pants on just like you... One leg at a time. The differences is when I put them on, I make gold records."
  • slantycouchslantycouch Posts: 1,704 ✭✭✭
    Wish that happened when I sold things.
  • rube26105rube26105 Posts: 10,225 ✭✭
    haaaaaaaaaaaaaaaaa me too- buy something for 500$ , sell for 85$ down the road , im cursed in reverseimage
  • bigjacobigjaco Posts: 605
    $10 says it was spence. Up until recently you could check his progress out; can't anymore.

    I've pretty much decided to stop rare commons in 75s till he's 100% done with them.
  • WinPitcherWinPitcher Posts: 27,726 ✭✭✭
    Mike (easy) two people did not throw down all out bids in that auction. The under bidder was at 85.00

    The winner had to meet the reserve. The seller knew that he had set a reserve that would ensure him a decent profit.

    I'm just surprised that the winner here did not see it 2 weeks ago (or whenever) when it sold for 75.00.

    Pays to know your markets that is for sure. Unlike guys who take wild stabs in the dark, that guy knew what he was
    doing.

    Steve


    Good for you.
  • WinPitcherWinPitcher Posts: 27,726 ✭✭✭
    While it does not have a "D" in the name it is s***s the feedback number matches Spence (3529)


    IMO what happened was the seller notified Spence That he would be auctioning a card he needed and bammmm

    475.00


    Steve


    Good for you.
  • julen23julen23 Posts: 4,558 ✭✭
    i bought a card a cu member here sold for $25 last week for $55 (doh!)

    conversely speaking, i got another seller this week to sell me a card i needed for $50 when his BIN was originally $75.

    that dufus w/ $10.99 is still out there however ^ i gotta make up $11 to break even for the month!!!

    j
    image
    RIP GURU
  • IchiroDeportedIchiroDeported Posts: 1,610 ✭
    nice scratch for a $1 card. Stupid money, stupid people = Happy Seller.
  • WinPitcherWinPitcher Posts: 27,726 ✭✭✭
    I wish i was as stupid as Don Spence.


    Steve
    Good for you.
  • rube26105rube26105 Posts: 10,225 ✭✭
    <Unlike guys who take wild stabs in the dark>

    that my job, stabbing the dark, unless its cold like now, spence has itimage
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