<< <i>like I said, everyone is entitled to their opinion. Ebay didn't become as big as it is by being an online store that only utilizes set priced listings and it is highly doubtful that the slump in sales realized by people moving to buy it now format will be encouraged by ebay. If people can afford to hold onto their stuff and want to list at high prices then that's fine with me. Just keep relisting them without anyone paying attention. Like I said, for the market to return for cards, eventually the demand has to return and keeping prices the same does not induce a higher demand. ECON 101. >>
There is a LOT wrong with Ebay I will admit, but I cannot believe for one moment that the increased use of BIN sales on Ebay has effected the downturn of purchasing interest of cards in general or those specifically related to Ebay! The only point IMO you have made in your argument that holds any bearing of truth is the fact that there is not as much disposable cash available to collectors as a result of the recession we are in. THAT is the culprit of why card values are declining and people are not buying as much! I do not believe Ebay stores or the increased use of BIN items (reasonably price or otherwise) can take that kind of credit for a slumping hobby as a whole! If you want to take it to ECON 101, then you should know that items such as collectibles tend to decrease in value as people cannot afford them and those who can are not willing to pay over inflated prices. This is not the first time this has happened to the hobby. If you were around in the early 80's collecting the SAME effects happened then when the economy slipped into a recession. It is simply a natural occurrence when people don't have the extra money to spend on cards but instead have to worry about their mortgage, groceries and utilities among other things. Can't put that on Ebay's sellers or buyers! Just the way I see it! >>
You are entitled to your opinion and I never said that the increase in buy it nows could take credit on the slumping hoppy as a whole. I simply said that it has CONTRIBUTED to it. There are certainly several factors that have bearing on the declining market.
<< <i>I agree with what alot of you have been saying. I have noticed an abundance of grossly overpriced BIN's. I can only speak for myself as a seller. My BIN's cards ARE NOT grossly overpriced - I am usually the cheapest seller for that card in that grade >>
Problem I see is that if I get interested in a card I'll see what is available on ebay. A lot of times the cards might only be available in BIN format. So I look anyhow and check out what I might like. Then you go to VCP and you find the card selling for 30% to 60% of the BIN price. And this can be after looking at a few auctions. I just did this for some Bell Brand Duke Sniders I was interested in. Figured maybe I would get one. So if you get to find something you like in a decent grade you then look at VCP and the Snider is going for much lower. If you say well maybe it is low for the grade. No.
So for me after looking at a handful of auctions I just give up and exit ebay. I don't have time to look for the fairly priced BIN auction. Too frustrating.
When buying anything you will always be able to find a much cheaper price if you wait, shop around and negotiate. If you want something now and don't want to put in the legwork you pay more. Why should sports cards be any different? With the Buy-It-Now, you are not only paying for the card, but also paying for it to be dropped in the mail today
Right now on ebay auctions, there is a complete set from 1961, several nice partial sets, high grade stars and low grade commons. Based on that, it would seem all the buyitnows haven't changed the overall market too much. If you want a 1961 complete set you have every opportunity to pay market value no matter what a typical asking price is. I would find it extremely hard to believe you couldn't put together any major card set over the next 12 months paying only ebay auction prices, if you have enough funds. And if ebay auction prices are too high, all that means is the buyitnows will be liquated in auctions very soon. . .
<< <i>When buying anything you will always be able to find a much cheaper price if you wait, shop around and negotiate. If you want something now and don't want to put in the legwork you pay more. Why should sports cards be any different? With the Buy-It-Now, you are not only paying for the card, but also paying for it to be dropped in the mail today
Right now on ebay auctions, there is a complete set from 1961, several nice partial sets, high grade stars and low grade commons. Based on that, it would seem all the buyitnows haven't changed the overall market too much. If you want a 1961 complete set you have every opportunity to pay market value no matter what a typical asking price is. I would find it extremely hard to believe you couldn't put together any major card set over the next 12 months paying only ebay auction prices, if you have enough funds. And if ebay auction prices are too high, all that means is the buyitnows will be liquated in auctions very soon. . . >>
I see your points and I agree with them. All I was trying to say is that the overabundance of grossly over priced BIN's have contributed to the disinterest of several potential buyers (like the poster right before you), thereby contributing to the decline in the market.
Also, I don't need anymore '61 sets. I'm '61 set poor. I have 8 of them, lol.
If you agree that any major issue card will always be available on ebay auction soon enough, then the only people who would ever become disinterested from all the buyitnow's are the people who don't know you can hit the "Auctions only" button
As for that one specific card, that has nothing to do with the buyitnow's. If ebay did not allow the buyitnow format and required everything to start at $0.01 with no reserve, the card would still be just as hard to find for the price he is looking to pay. Again, this is true for virtually every market. I can find pizza and coffee for free on occasion. That doesn't mean if I can't find it for that price right now I am going to give up on them forever. I'll either pay what the stores ask or wait
That piece from the nineteenth century is pretty cool. The asking price seems pretty reasonable compared to a lot of other cards
<< <i>If you agree that any major issue card will always be available on ebay auction soon enough, then the only people who would ever become disinterested from all the buyitnow's are the people who don't know you can hit the "Auctions only" button
As for that one specific card, that has nothing to do with the buyitnow's. If ebay did not allow the buyitnow format and required everything to start at $0.01 with no reserve, the card would still be just as hard to find for the price he is looking to pay. Again, this is true for virtually every market. I can find pizza and coffee for free on occasion. That doesn't mean if I can't find it for that price right now I am going to give up on them forever. I'll either pay what the stores ask or wait
That piece from the nineteenth century is pretty cool. The asking price seems pretty reasonable compared to a lot of other cards >>
The "auctions only" button, as I referenced in an earlier post, will still bring up all the grossly overpriced stuff that simply starts out at a ridiculous price.
"1961 Topps" only 71 of the first 200 listings are overpriced by enough to draw zero bids. And some of those still might be bid on over the next few hours. Almost certain that is not a worse percent than years earlier. Almost certain if you use a more specific title the amount of items so overpriced no one would ever bid is completely insignificant
<< <i>If you agree that any major issue card will always be available on ebay auction soon enough, then the only people who would ever become disinterested from all the buyitnow's are the people who don't know you can hit the "Auctions only" button
As for that one specific card, that has nothing to do with the buyitnow's. If ebay did not allow the buyitnow format and required everything to start at $0.01 with no reserve, the card would still be just as hard to find for the price he is looking to pay. Again, this is true for virtually every market. I can find pizza and coffee for free on occasion. That doesn't mean if I can't find it for that price right now I am going to give up on them forever. I'll either pay what the stores ask or wait
That piece from the nineteenth century is pretty cool. The asking price seems pretty reasonable compared to a lot of other cards >>
The "auctions only" button, as I referenced in an earlier post, will still bring up all the grossly overpriced stuff that simply starts out at a ridiculous price. >>
Then after you hit auction only then go to "sort by" and hit cheapest + shipping and all the low priced auction come up first , then you can quit looking when the starting bid gets to high.
I get that MANY sellers need/want the money they are used to earning by selling collectibles on EBAY.
EVERY collectible seller is already positioned to move into "other categories." There are ZILLIONS of items that can be bought and resold on EBAY; and, currently, almost all of those items are MUCH more profitable than collectibles.
Folks Who Bite Get Bitten. Folks Who Don't Bite Get Eaten.
Fair to me is anywhere from a 10% to maybe 60% markup depending on the card. If a Psa 6 Bell Brand Snider normally goes for $70 based on the last few VCP transactions, to me a $250 or $199 BIN price is just crazy from a buyers end. 200% to 300% markups is crazy.
"...Fair to me is anywhere from a 10% to maybe 60% markup depending on the card..."
////////////////////////////////
It's pretty hard to make EBAY work well, with those percentages.
And, in the recent market, VCP is largely reporting "fire sales" by folks who are desperate for money. MANY sellers have plenty of money and have simply moved their items out of giveaway land.
It makes no sense to sell collectibles cheap, unless you need cash.
Folks Who Bite Get Bitten. Folks Who Don't Bite Get Eaten.
"...But the markup on so many of the BIN's makes it tough to find the good stuff..."
//////////////////////////////
As somebody noted above, the sort by "lowest price first" will make the search less of a bother.
.......
I am ALL for everybody here getting the best bargains they can find.
I am opposed to any sense of implied entitlement that says a seller must list his property at low prices. MY items belong to me and I can and will price them as I like; they will not sell until a buyer likes that price, BUT they will eventually sell.
With 100-million+ potential shoppers, it simply makes no sense for me to price items to meet the wants of bargain hunters.
Folks Who Bite Get Bitten. Folks Who Don't Bite Get Eaten.
<< <i>If you agree that any major issue card will always be available on ebay auction soon enough, then the only people who would ever become disinterested from all the buyitnow's are the people who don't know you can hit the "Auctions only" button
As for that one specific card, that has nothing to do with the buyitnow's. If ebay did not allow the buyitnow format and required everything to start at $0.01 with no reserve, the card would still be just as hard to find for the price he is looking to pay. Again, this is true for virtually every market. I can find pizza and coffee for free on occasion. That doesn't mean if I can't find it for that price right now I am going to give up on them forever. I'll either pay what the stores ask or wait
That piece from the nineteenth century is pretty cool. The asking price seems pretty reasonable compared to a lot of other cards >>
The "auctions only" button, as I referenced in an earlier post, will still bring up all the grossly overpriced stuff that simply starts out at a ridiculous price. >>
Please. It will take you less than 2 seconds to scroll out of the range of the 'grossly overpriced stuff that simply starts out at a ridiculous price'.
Comments
<< <i>
<< <i>like I said, everyone is entitled to their opinion. Ebay didn't become as big as it is by being an online store that only utilizes set priced listings and it is highly doubtful that the slump in sales realized by people moving to buy it now format will be encouraged by ebay. If people can afford to hold onto their stuff and want to list at high prices then that's fine with me. Just keep relisting them without anyone paying attention. Like I said, for the market to return for cards, eventually the demand has to return and keeping prices the same does not induce a higher demand. ECON 101. >>
There is a LOT wrong with Ebay I will admit, but I cannot believe for one moment that the increased use of BIN sales on Ebay has effected the downturn of purchasing interest of cards in general or those specifically related to Ebay! The only point IMO you have made in your argument that holds any bearing of truth is the fact that there is not as much disposable cash available to collectors as a result of the recession we are in. THAT is the culprit of why card values are declining and people are not buying as much! I do not believe Ebay stores or the increased use of BIN items (reasonably price or otherwise) can take that kind of credit for a slumping hobby as a whole! If you want to take it to ECON 101, then you should know that items such as collectibles tend to decrease in value as people cannot afford them and those who can are not willing to pay over inflated prices. This is not the first time this has happened to the hobby. If you were around in the early 80's collecting the SAME effects happened then when the economy slipped into a recession. It is simply a natural occurrence when people don't have the extra money to spend on cards but instead have to worry about their mortgage, groceries and utilities among other things. Can't put that on Ebay's sellers or buyers! Just the way I see it! >>
You are entitled to your opinion and I never said that the increase in buy it nows could take credit on the slumping hoppy as a whole. I simply said that it has CONTRIBUTED to it. There are certainly several factors that have bearing on the declining market.
<< <i>"new guy" likes to debate... >>
actually I don't. Just stating my opinion. Are you wearing your new jockstrap? lol.
<< <i>I agree with what alot of you have been saying. I have noticed an abundance of grossly overpriced BIN's. I can only speak for myself as a seller. My BIN's cards ARE NOT grossly overpriced - I am usually the cheapest seller for that card in that grade >>
Problem I see is that if I get interested in a card I'll see what is available on ebay. A lot of times the cards might only be available in BIN format. So I look anyhow and check out
what I might like. Then you go to VCP and you find the card selling for 30% to 60% of the BIN price. And this can be after looking at a few auctions. I just did this for some Bell
Brand Duke Sniders I was interested in. Figured maybe I would get one. So if you get to find something you like in a decent grade you then look at VCP and the Snider is going
for much lower. If you say well maybe it is low for the grade. No.
So for me after looking at a handful of auctions I just give up and exit ebay. I don't have time to look for the fairly priced BIN auction. Too frustrating.
aconte
Right now on ebay auctions, there is a complete set from 1961, several nice partial sets, high grade stars and low grade commons. Based on that, it would seem all the buyitnows haven't changed the overall market too much. If you want a 1961 complete set you have every opportunity to pay market value no matter what a typical asking price is. I would find it extremely hard to believe you couldn't put together any major card set over the next 12 months paying only ebay auction prices, if you have enough funds. And if ebay auction prices are too high, all that means is the buyitnows will be liquated in auctions very soon. . .
<< <i>When buying anything you will always be able to find a much cheaper price if you wait, shop around and negotiate. If you want something now and don't want to put in the legwork you pay more. Why should sports cards be any different? With the Buy-It-Now, you are not only paying for the card, but also paying for it to be dropped in the mail today
Right now on ebay auctions, there is a complete set from 1961, several nice partial sets, high grade stars and low grade commons. Based on that, it would seem all the buyitnows haven't changed the overall market too much. If you want a 1961 complete set you have every opportunity to pay market value no matter what a typical asking price is. I would find it extremely hard to believe you couldn't put together any major card set over the next 12 months paying only ebay auction prices, if you have enough funds. And if ebay auction prices are too high, all that means is the buyitnows will be liquated in auctions very soon. . . >>
I see your points and I agree with them. All I was trying to say is that the overabundance of grossly over priced BIN's have contributed to the disinterest of several potential buyers (like the poster right before you), thereby contributing to the decline in the market.
Also, I don't need anymore '61 sets. I'm '61 set poor. I have 8 of them, lol.
////////////////////////
To sellers, "fair" generally means the "retail price they want to collect."
To buyers, "fair" usually means "at or below 'wholesale' price."
VCP does not record "fair" prices; ONLY transaction prices.
.......
Every collectible category on EBAY is seeing a substantial decline in the
number of items listed.
MANY sellers are simply no longer willing to sell their collectibles cheap.
The weak-hand sellers are vanishing fast.
To counter the trend, EBAY will soon reintroduce some element of
"stores in search."
2010 could bring a wider selection of merch for buyers and somewhat
stronger prices for sellers.
..........
NOTE TO Sellers:
If you don't need the money, don't sell until prices turn up.
As for that one specific card, that has nothing to do with the buyitnow's. If ebay did not allow the buyitnow format and required everything to start at $0.01 with no reserve, the card would still be just as hard to find for the price he is looking to pay. Again, this is true for virtually every market. I can find pizza and coffee for free on occasion. That doesn't mean if I can't find it for that price right now I am going to give up on them forever. I'll either pay what the stores ask or wait
That piece from the nineteenth century is pretty cool. The asking price seems pretty reasonable compared to a lot of other cards
<< <i>If you agree that any major issue card will always be available on ebay auction soon enough, then the only people who would ever become disinterested from all the buyitnow's are the people who don't know you can hit the "Auctions only" button
As for that one specific card, that has nothing to do with the buyitnow's. If ebay did not allow the buyitnow format and required everything to start at $0.01 with no reserve, the card would still be just as hard to find for the price he is looking to pay. Again, this is true for virtually every market. I can find pizza and coffee for free on occasion. That doesn't mean if I can't find it for that price right now I am going to give up on them forever. I'll either pay what the stores ask or wait
That piece from the nineteenth century is pretty cool. The asking price seems pretty reasonable compared to a lot of other cards >>
The "auctions only" button, as I referenced in an earlier post, will still bring up all the grossly overpriced stuff that simply starts out at a ridiculous price.
<< <i>
<< <i>If you agree that any major issue card will always be available on ebay auction soon enough, then the only people who would ever become disinterested from all the buyitnow's are the people who don't know you can hit the "Auctions only" button
As for that one specific card, that has nothing to do with the buyitnow's. If ebay did not allow the buyitnow format and required everything to start at $0.01 with no reserve, the card would still be just as hard to find for the price he is looking to pay. Again, this is true for virtually every market. I can find pizza and coffee for free on occasion. That doesn't mean if I can't find it for that price right now I am going to give up on them forever. I'll either pay what the stores ask or wait
That piece from the nineteenth century is pretty cool. The asking price seems pretty reasonable compared to a lot of other cards >>
The "auctions only" button, as I referenced in an earlier post, will still bring up all the grossly overpriced stuff that simply starts out at a ridiculous price. >>
Then after you hit auction only then go to "sort by" and hit cheapest + shipping and all the low priced auction come up first , then you can quit looking when the starting bid gets to high.
<< <i>storm - but many sellers do need cash.
Nick >>
/////////////////////////
Sorry. I missed that post, yesterday.
....
I get that MANY sellers need/want the money they
are used to earning by selling collectibles on EBAY.
EVERY collectible seller is already positioned to move
into "other categories." There are ZILLIONS of items
that can be bought and resold on EBAY; and, currently,
almost all of those items are MUCH more profitable
than collectibles.
to me a $250 or $199 BIN price is just crazy from a buyers end. 200% to 300% markups is crazy.
aconte
////////////////////////////////
It's pretty hard to make EBAY work well, with those percentages.
And, in the recent market, VCP is largely reporting "fire sales" by
folks who are desperate for money. MANY sellers have plenty of
money and have simply moved their items out of giveaway land.
It makes no sense to sell collectibles cheap, unless you need cash.
I have paid more and would on some cards. But the markup on so many of the BIN's makes it tough to find the good stuff.
aconte
//////////////////////////////
As somebody noted above, the sort by "lowest price first"
will make the search less of a bother.
.......
I am ALL for everybody here getting the best bargains they
can find.
I am opposed to any sense of implied entitlement that says
a seller must list his property at low prices. MY items belong
to me and I can and will price them as I like; they will not
sell until a buyer likes that price, BUT they will eventually sell.
With 100-million+ potential shoppers, it simply makes no sense
for me to price items to meet the wants of bargain hunters.
<< <i>
<< <i>If you agree that any major issue card will always be available on ebay auction soon enough, then the only people who would ever become disinterested from all the buyitnow's are the people who don't know you can hit the "Auctions only" button
As for that one specific card, that has nothing to do with the buyitnow's. If ebay did not allow the buyitnow format and required everything to start at $0.01 with no reserve, the card would still be just as hard to find for the price he is looking to pay. Again, this is true for virtually every market. I can find pizza and coffee for free on occasion. That doesn't mean if I can't find it for that price right now I am going to give up on them forever. I'll either pay what the stores ask or wait
That piece from the nineteenth century is pretty cool. The asking price seems pretty reasonable compared to a lot of other cards >>
The "auctions only" button, as I referenced in an earlier post, will still bring up all the grossly overpriced stuff that simply starts out at a ridiculous price. >>
Please. It will take you less than 2 seconds to scroll out of the range of the 'grossly overpriced stuff that simply starts out at a ridiculous price'.
I think the problem here is the "they can find" part. That implies you must work for your Ebay cheese.
can make too.
It is a 2 way street out there not a 1 way, regardless of how some feel.
Steve