"My card sold for way too little on ebay!!!"
gecko109
Posts: 8,231 ✭
Its funny when I hear this said from some of you guys. "Such and such card has a $120 VCP, but mine only sold for $72 last night on ebay". Guess what? VCP doesnt buy cards....people buy cards! A card is only worth what someone is willing to pay you for it, I dont care what the book says, or VCP, or SMR....they dont buy cards. So stop the crying about how you got screwed by selling on ebay.
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<< <i> it always sells for less (unless I need the card for some reason then it sells for exactly book value,) >>
I thought that only happened to me.
Sweet Morsels Toffee and Chocolates
When I sell, I almost always use a BIN at a price I'm willing to accept for the card. If I don't get my BIN price, I keep my card. If I don't care much about the card or I feel like taking a risk, I'll do an auction and start the bidding at $0.99. Either way, the card sells at the price that I'm willing to accept. So while I agree that the buyer plays a role in the setting the worth of the card, I also find that the seller plays just as much of a role. JMO.
Steve
<< <i>A card is only worth what someone is willing to pay you for it
When I sell, I almost always use a BIN at a price I'm willing to accept for the card. If I don't get my BIN price, I keep my card. If I don't care much about the card or I feel like taking a risk, I'll do an auction and start the bidding at $0.99. Either way, the card sells at the price that I'm willing to accept. So while I agree that the buyer plays a role in the setting the worth of the card, I also find that the seller plays just as much of a role. JMO. >>
I've learned to start my card off at or close to VCP. This way if that's what I feel its worth for me to part with it, then I guarantee that I get at least that. I'll put it up for a week then if it doesn't sell at auction I'll use BIN at VCP plus a few bucks for 30 days. Doing my part to raise VCP averages
Most times it works out; those that don't become part of my personal collection. Sold a 1978 Topps Pete Rose BGS 8.5 last night on the 30 day VCP method at $9.99... VCP PSA was 6.01 and BGS was $5.00... I refuse to list at .99 any more.
LeagueLeader; IJustLoveCards; Recbball; msassin; leathtech; lsutigers1973; Bosox1976; Dboneesq; Aric; Bkritz
<< <i>Its funny when I hear this said from some of you guys. "Such and such card has a $120 VCP, but mine only sold for $72 last night on ebay". Guess what? VCP doesnt buy cards....people buy cards! A card is only worth what someone is willing to pay you for it, I dont care what the book says, or VCP, or SMR....they dont buy cards. So stop the crying about how you got screwed by selling on ebay. >>
Good morning and welcome to the nut house monday morning!
However, you always will be paying pre-recession prices on anything you want to buy. Its funny how all that works.
BST: Tennessebanker, Downtown1974, LarkinCollector, nendee
<< <i>I would have never have known this without this thread.
Steve >>
And apparently some people still dont get it Steve.
<< <i>
<< <i>Its funny when I hear this said from some of you guys. "Such and such card has a $120 VCP, but mine only sold for $72 last night on ebay". Guess what? VCP doesnt buy cards....people buy cards! A card is only worth what someone is willing to pay you for it, I dont care what the book says, or VCP, or SMR....they dont buy cards. So stop the crying about how you got screwed by selling on ebay. >>
Good morning and welcome to the nut house monday morning! >>
<< <i>
<< <i> it always sells for less (unless I need the card for some reason then it sells for exactly book value,) >>
I thought that only happened to me.
I thought that only happened to me.
Shane
<< <i>I don't even look at the BIN's anymore. Ebay has gotten so cluttered with ridiculous BIN's. Even when you search auctions only most of them start out at a price above VCP. I start everything I sell at .99 and let it fly and I make money on 99% of the things I sell. I guess I just buy at a good price or everyone else buys too high. Then again, I may be getting more on my auctions because there are so few true no reserve auctions now that when one comes up people like to bid on it. >>
I agree 100%. I do the same thing. Before I buy something, I know (or at least have a pretty good idea) what it will bring in an auction. I start my stuff at $0.99 and let it fly. There are way to many Buy It Now's and 99.99% are priced way too high. I can't remember the last time I bought something on a Buy It Now.
Shane
<< <i>I don't even look at the BIN's anymore. >>
Then you are missing about 80% of the cars for sale on eBay.
No secret most of my for sale items are listed at high BIN's with best offer. If I had to guess, I would say only about 5-10% of the cards I sell are at the BIN price. However, that price is obviously not the lowest price I am willing to accept. If you are afraid to make an offer, then you will never know what the seller's bottom line is.
<< <i>No secret most of my for sale items are listed at high BIN's with best offer. >>
I do the same. If you are willing to sit on a card until it sells, it's certainly the better way to go. If you have to move inventory it doesn't work out too well.
I recently sold a card for $150 that at the time I listed it, there were three more up at $125. If I had set a $0.99 auction, it would not have gone well at all. Of course I've been sitting with it on the bay since September waiting for baseball fever to catch some people in a buying mood. I had picked up the card raw for $50...
<< <i>No secret most of my for sale items are listed at high BIN's with best offer. If I had to guess, I would say only about 5-10% of the cards I sell are at the BIN price. However, that price is obviously not the lowest price I am willing to accept. If you are afraid to make an offer, then you will never know what the seller's bottom line is. >>
Do you get a lot of offers this way? Just curious - I put a card up Saturday as a BIN that I was not sure how to price since it was low pop with a high price, but a best offer option as well. Received an email from one member stating an offer was coming today - we'll see. I rarely do BIN's because if I am selling it's because I want to use the money for something else, and i tend to do ok on auctions (ebay 'market' value). I did lose some decent $ ona few psa 10 80's football rookies because I listed in Basketball and not Football I think - the watchers were decent so didn't think the error would hurt....I was wrong.
<< <i>Its funny when I hear this said from some of you guys. "Such and such card has a $120 VCP, but mine only sold for $72 last night on ebay". Guess what? VCP doesnt buy cards....people buy cards! A card is only worth what someone is willing to pay you for it, I dont care what the book says, or VCP, or SMR....they dont buy cards. So stop the crying about how you got screwed by selling on ebay. >>
What the hell are you doing up this early!
I'd be cranky too.
stone
"VCP average" is only useful on cards that have value beyond the pop reports, ie star cards/HOFers. Cards such as these sell for more predictable prices and so VCP's sales data will more accurately predict what you'll get for yours. A 74 T Nolan Ryan PSA 9 will always appeal to collectors regardless of how many there are in that grade. If VCP is $200 on that card, and it looks like it might end much lower than that, there are collectors who will jump in and place a VCP-level bid even if they weren't in the market for that card, because it is (after all) an older Ryan card in PSA 9.
"VCP average" is far less useful for commons. Anyone who expects their pop 4 common to sell for what it sold for previously should remember that A) it was a pop 3 last time and a pop 2 the time before that and
<< <i>I would have never have known this without this thread.
Steve >>
YeeHah
Neil
<< <i>Its funny when I hear this said from some of you guys. "Such and such card has a $120 VCP, but mine only sold for $72 last night on ebay". Guess what? VCP doesnt buy cards....people buy cards! A card is only worth what someone is willing to pay you for it, I dont care what the book says, or VCP, or SMR....they dont buy cards. So stop the crying about how you got screwed by selling on ebay. >>
Yeah. What he said.
But lets move on.
Steve
That's true, but you can be selective on who that "someone" is.
If you want to sell your $500 VCP average card you don't take it into work and auction it among your baseball fan coworkers, who don't know anything about cards, and end up realizing $20 for it. That's all someone was willing to pay, based on having no knowledge of value. If you have low Ebay feedback, and put up a horribly designed listing for a 3 day auction that scares sensible bidders away, your card will set a new record $250 VCP low because that was all the crowd you attracted were willing to risk paying. That's all someone was willing to pay, based on inept selling conditions. If you're an experienced collector who knows what your card is capable of selling for, to the "right people", then you list it with your BIN and wait for one of the top buyers to see it. There are many buyers at $20-$250 for your card but you don't have have to risk selling to them.
<< <i>Noooooooo this thread has potential, could be a train wreck in the making.
Steve >>
I'd trade this for a BLT with fries - Steve.
mike
<< <i>Noooooooo this thread has potential, could be a train wreck in the making.
Steve >>
Ditto that. We need an excuse for a popcorn girl appearance.