Ebay, ect.. WTF is going on ? !

Extremely well thought out post and to be honest, I have to agree 100%. Well done

The biggest issue with today's hobby is the unbelievable amount of higher end cards on the market. I keep saying it over and over again. Please cut down on the high end stuff and increase the middle to low level products. Cards don't NEED to be autographed or have game used material (or photoshoot in most instances) to be collectible. People WILL ALWAYS collect whatever is available to them. O-Pee-Chee is a perfect example. The manufactured patches, the parallels and the rare inserts sell VERY well on the secondary market. Yet a box is quite affordable. It's time the hobby went back to its roots...

See, I didn't interpret the OP in that way at all. He was simply expressing frustration and confusion as to why a) sellers think that they have to get a certain resale return from a broken box relative to what they paid for that box and b) they continue to list many multiple times with little to no hope of obtaining the asking price.

Subsequent postings attempted to explain why some sellers might do this. There are many of us here who believe that the market drives ultimate sales prices (which, like it or not, is a fundamental truth). NOWHERE along the line did I read anyone saying that they have an inherent right to have a seller offer a card at market price or indeed any price lower than the seller wants. Certainly we as buyers want lower prices all the time (the "demand" piece of the market) but no one said we are obligated to get them in the hockey card market.

Again, to be clear, sellers can set whatever damn price they want for the cards that they own. In my earlier response I attempted to illustrate why this isn't necessarily a good idea IF they actually want to turn cards into cash.

But that's not what this thread is about, really. The OP tapped into some fundamental issues that illustrate both how eBay's function has changed over the years and how differently it is used by its participants now compared to at its inception. eBay became popular and profitable because it enabled a market to be established where previously there was none.

The key word here is "market" though, which is what some people are missing. If eBay becomes just a way to look at high-priced cards that no one is buying, then the card category will atrophy and die. Conversely, if sellers don't make enough money on sales, they will stop cracking new product and the card category will atrophy and die (maybe - or it might devolve into a trading-type site).

Luckily, the market takes care of this automatically as some sellers realize they must expose themselves to the market in order to get bids from buyers - who are themselves in competition with other buyers. That competition results in more bids and higher prices on items that people want and/or fewer or no bids on items they don't want at any given price level. This model breaks down a little when some sellers decide to use BIN/BO to elevate their pricing above market levels, but this only directly hurts the seller in the long run. The buyer is only hurt by the lack of satisfaction of being able to obtain what he or she wants at market prices. As long as there are satisfactory alternatives available to the buyer, time is on their side.

Some people like it better the current way, but every time I pull up my custom searches and see hundreds of listings for the umpteenth time that never, ever sell, I find myself just a little more discouraged by what I believe is unproductive behavior and eventually I will remove myself from the market by quitting card collecting.

Bottom line: Shouldn't we - as collectors first and profit-makers second - all be demanding that the card producers give us a product that WILL support a lively and profitable secondary market? The way to do this is not by pricing items so far above the level of what buyers are willing to pay that you actually cause the market to break down, but by refusing to spend money on crap like (UD) Ultimate and many other products where the expected return is about 20-25 cents on your hard-earned dollar. Only by refusing to buy these products can we as consumers (and we are all consumers of what is produced, regardless of what side of the secondary market we are on) make the card companies give us a better product. It can be done (like ITG does, in general) and that is the only way that cards can survive the next 5-10 years.

Ultimately, the OP is a plea for sanity to return to the hobby we love. At least, that's my take on it.
 
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Glad you edited the post. You don't like me and my opinions, that's your right. I have and always will be very blunt and opinionated and I don't always endear myself to everyone so I'm used to your reaction. If you have anything to say to me, feel free to PM me. Just cause we disagree on something doesn't mean we need to take public shots at each other, even if it is entertaining for the rest of the people here... :corn:
 
Even being mostly a buyer, I have to agree with most of the sellers here. Do I get frustrated when a seller won't sell me a card for what I consider to be a fair offer? Hell yeah. But it's his/her card, and they can do whatever they want with it.

I've recently seen the same thing with my new whack of 02-03 Victory parallels. I like them a lot, and I might be asking unreasonable prices sometimes. But I'm more than happy to keep them forever if people don't want to pay my high prices. :D
 
See, I didn't interpret the OP in that way at all. He was simply expressing frustration and confusion as to why a) sellers think that they have to get a certain resale return from a broken box relative to what they paid for that box and b) they continue to list many multiple times with little to no hope of obtaining the asking price.

Subsequent postings attempted to explain why some sellers might do this. There are many of us here who believe that the market drives ultimate sales prices (which, like it or not, is a fundamental truth). NOWHERE along the line did I read anyone saying that they have an inherent right to have a seller offer a card at market price or indeed any price lower than the seller wants. Certainly we as buyers want lower prices all the time (the "demand" piece of the market) but no one said we are obligated to get them in the hockey card market.

Again, to be clear, sellers can set whatever damn price they want for the cards that they own. In my earlier response I attempted to illustrate why this isn't necessarily a good idea IF they actually want to turn cards into cash.

But that's not what this thread is about, really. The OP tapped into some fundamental issues that illustrate both how eBay's function has changed over the years and how differently it is used by its participants now compared to at its inception. eBay became popular and profitable because it enabled a market to be established where previously there was none.

The key word here is "market" though, which is what some people are missing. If eBay becomes just a way to look at high-priced cards that no one is buying, then the card category will atrophy and die. Conversely, if sellers don't make enough money on sales, they will stop cracking new product and the card category will atrophy and die (maybe - or it might devolve into a trading-type site).

Luckily, the market takes care of this automatically as some sellers realize they must expose themselves to the market in order to get bids from buyers - who are themselves in competition with other buyers. That competition results in more bids and higher prices on items that people want and/or fewer or no bids on items they don't want at any given price level. This model breaks down a little when some sellers decide to use BIN/BO to elevate their pricing above market levels, but this only directly hurts the seller in the long run. The buyer is only hurt by the lack of satisfaction of being able to obtain what he or she wants at market prices. As long as there are satisfactory alternatives available to the buyer, time is on their side.

Some people like it better the current way, but every time I pull up my custom searches and see hundreds of listings for the umpteenth time that never, ever sell, I find myself just a little more discouraged by what I believe is unproductive behavior and eventually I will remove myself from the market by quitting card collecting.

Bottom line: Shouldn't we - as collectors first and profit-makers second - all be demanding that the card producers give us a product that WILL support a lively and profitable secondary market? The way to do this is not by pricing items so far above the level of what buyers are willing to pay that you actually cause the market to break down, but by refusing to spend money on crap like (UD) Ultimate and many other products where the expected return is about 20-25 cents on your hard-earned dollar. Only by refusing to buy these products can we as consumers (and we are all consumers of what is produced, regardless of what side of the secondary market we are on) make the card companies give us a better product. It can be done (like ITG does, in general) and that is the only way that cards can survive the next 5-10 years.

Ultimately, the OP is a plea for sanity to return to the hobby we love. At least, that's my take on it.


Bingo !!
Yes as the OP this is what I'm saying.
I never said sellers CANT post insane BIN's,ect.. Just saying it seems crazy.
 
This is one of the strangest phenomena on eBay. You can have 2 identical cards for sale at the same time. One at auction at a starting price of 99cents and another with a BIN of $500. The auction card will surpass the $500 BIN in price and the card at the $500 BIN will go unsold. I see it so many times and it boggles my mind.

While memories of those situations may be more vivid, perhaps because they are more surprising, I guarantee that the opposite situation is far more common, perhaps by one or two orders of magnitude (card has a BIN of $500, doesn't sell -- a copy is listed at auction and sells for $125).
 
I think sellers are tired of selling their stuff for peanuts, so they aren't listing them as straight auctions anymore. Can't say I blame them seeing what some cards were going for recently.
 
Since when is the onus on the seller to price his cards to what buyers wish to pay??? Last time I checked, I can do what I want with what I own. If you don't like the price, don't buy it. Have you ever gone into Future Shop to complain to the sales guys that their tvs are too expensive? They'd laugh you out of the store.

Buyers have become way too used to getting stuff for practically nothing. They expect sellers to lose their shirts just so they can have their PC items. Like someone else posted above, wax breakers are falling out of the hobby quickly. Pretty soon, buyers won't be able to find most of the cards they need for their PCs. Let's see what you'll complain about then...

well said
 
My god, this seller(Phoenix1588) as 13000 + positive feedback with a 100% rating. Buddy, this seller is doing something right. Look at it this way, if you don't like the price, well there are eight more of them out there.
 
I think you would see a lot more auctions if there were no more sniping programs. Since they started becoming mainstream it is rare to see action on an auction. If there were still people actively bidding then you wouldn't run into so many pulled auctions as well. I run auctions for lower end stuff and put the better stuff as BIN/BO. I am not going to give away a $100 card for $3 just because someone was out of paypal and didn't bid on it. While sometimes high BIN's are a detriment and some sellers are stuck on their prices that is their prerogative. I'll put in an offer I can live with and if the seller declines then I look for the next one.
 
It is the sellers right to ask what they want for their card. It is also the person offerings right to offer what amount the card is worth to them and within their budget, and not in turn get rude elitist responses from said seller. That I think is what gets people going regarding Phoenix and an occasional other seller. Be like most good sellers, if you don't like the offer politely move on and hope for a offer that is in line with your reality of value.
 
Interesting thread. I agree snipe programs have ended auction style listing as you dont get a bidding war. The system is flawed for sellers with sniping. So as a seller i would want BIN with BO as you will get more money which translates to more fees for ebay and paypal.(so they want this and thats the reason for free re-listing)

Sellers can sell for whatever they want but i think the value of certain cards are dropping and sellers (many who have paid good coin to bust the product) dont want to loose money.

THe problem is due to oversaturation of products. I understand what frank is saying about buyers thinking they can pay whatever they want and i agree with it. I also would add that companies clear out inventory if it sits on shelves for a certain period of time. If the price is too high they will clear them out at the end of the season. Card sellers do not. I collect cut autos adn some sellers have had the same price on a card for 3 years. They obviously dont want to sell as if they did they would lower their "price range"



At the end of the day a card is only worth what someone will pay. So a seller should try to get as much as they can. I would. I am tired of the complaint that they wish this would go back to "old days" when it was hobby. Well those days are done and sports collecting is a business.
 
If a auction ended at night I have always bid in the last few seconds. Even before sniping programs. There were some odd time auctions I had to bid on early and let it ride but that was a rarity.

Now with smart phones I could live without a snipe program. Set an alarm on my phone and I can bid anywhere at anytime.
 
Just have to vent..
Just because buyers spend a lot on a box, ect. does not mean a Vinny Lecavalier card /25 is worth $59, $79 ect... WTF.

And from what I am seeing the last few months u could insert alot of other players in the same place. Hell a Vinny card of /25 is like about $10.
He's ok I collect Lightning, but the prices people are asking is CRAZY of late.

And dont even get me going on all the stammer stuff starting at (my favorite) $91.91 or $101.91 ect.

Does anybody run regular auction anymore at reasonable prices ?

Guys like Phoenix1588 has some cards I need but a card /9 for $200, forget about it ! And they have it reposted like 20 damn times. Guess they do not really want to sell the cards then.
Todays hobby :|
ok, I'm done.

Pete

this is nothing new on ebay , if all the case hits and low number cards sold for 10$ there would be no hobby .
 
If a auction ended at night I have always bid in the last few seconds. Even before sniping programs. There were some odd time auctions I had to bid on early and let it ride but that was a rarity.

Now with smart phones I could live without a snipe program. Set an alarm on my phone and I can bid anywhere at anytime.

I would love for an end to sniping programs and back to manual sniping as more often then not you had bids before the last 5 seconds. It would bring back the excitement to auctions and with it more auction listings.
 
Read 'em and weep folks:
http://www.ebay.com/csc/PHOENIX1588/m.html?_ipg=50&_since=15&LH_Complete=1&_sop=16

Now, you wise gents, take a pick of one out of two of those sales and tell me how much "you've seen that end for on eBay," quote that and I will sell them to you for the same. That is "fair market value," NO?

Am I the only one that tires of this same ridiculous self-important thread born and reborn on "other forums" daily? Must we have it here, too? Perhaps we can add in the card company versus card company angle, too. That would make it oh so more exciting.

Although the influx of new members helps to grow a fine site such as HI, I feel the growing pain all too much... I do not frequent lowballer alley and hope HI isn't overrun, too.
 
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Speaking as a guy that does a lot more buying than selling, I can totally understand why some/many sellers on eBay and elsewhere have taken to the practice of listing BIN/OBO for their cards. Indeed, I usually do it myself on those occasions that I do sell items. If I were a regular seller who was busting a lot of wax and throwing up everything in 99-cent auctions and hoping for the best, only to be so bitterly disappointed by seeing the shipping cost be a higher number than the sale price, I would swing the pendulum in the opposite direction as well.

We are clearly nearing a saturation point on the market. There is too much of everything out there and not nearly enough of it is unique. Five years into Carey Price's NHL career and I'm honestly just about ready to wrap it up as far as collecting cards goes. I've got more than 60 autographs, over 150 memorabilia cards, and more than 100 cards with a print run of 50 or under. Will having the sixth edition of a Sign of the Times autograph make my collection that much better? Does the pursuit of the latest version of an Artifacts subset put me over the top from a good collection to a great collection? Unless and until the card companies go back to the drawing board and come up with unique product lines, subsets, and means of delivering interesting hockey cards I think we're going to see a lot more people who feel the same as I do. In the past three months, I have seen three other Price collectors put up large portions of their PC's on eBay. They're just burned out. There are over 2000 CP31 cards on the market. It's too much of the same.

What does all of this mean? It means that it is perfectly sensible for sellers to utilize their control features at their disposals to ensure that they get fair (as they perceive it) value for their cards. Look, I love to get cheap cards as much as any other collector out there. I have often been able to take advantage of lulls in the market and get nice cards for much less than I would have thought I'd be able to get them for. I could give at least 3-4 examples of cards I have got in auctions for cheap that I eventually flipped using the BIN/OBO for more than double the buying price. What is the true market value in that situation? Can anybody honestly blame a seller, many of whom have had to absorb case break costs in the four figures and getting a return in the mid-three figures, for wanting to exercise as much control as they can over the cards that they have purchased for way more than market value? I certainly cannot blame a one of them.

I hope that the card companies use the lockout and the time afforded to them to really go back to the drawing board and visualize new means of delivering quality hockey cards. Innovations in the hobby have been lacking. We've seen a lot of tweaks and improvements, yes, but a true breath of fresh air is rare. I don't know what the "next big thing" will be. If someone out there wanted to pay me to develop it, I don't know if I could come up with something that would truly captivate people, reinvigorate existing collectors, and attract new ones. There's only so much equipment that hockey players wear that can be cut up and made to fit on a 2.5"x3.5" piece of cardboard. Maybe a greater emphasis on photography and the visual elements of the cards themselves should be a priority.

Going back, I understand how frustrating it can be to see a seller with "that card" that you need for a set or a collection with something in his online store for months at a time. But chances are they've got some big investment in it themselves. A guy like phoenix1588 surely is a guy that would (one would presume) be just as willing to pay top dollar for cards as he is when he sells (and judging by his feedback, he clearly does a lot of that) his stuff. A lot of those Price cards in his store for sale are very hard to find and if he didn't pull them himself (given how much ITG product he breaks he very may well have, and that's a need to offset costs in itself) he probably paid a few shekels to land them. As a store owner he's looking to profit. I have never met a store owner that doesn't. Just because he sells hockey cards and not lettuce and tomatoes doesn't mean he should follow a different business model. Yeah that card he has listed for $90 isn't selling, but he's content to wait it out until he gets that number (or something close to it) rather than sell it to the first guy that comes along with $40 and saying he needs to have it.

This is a great discussion thread and there have been some great posts and points made by all involved.
 
Read 'em and weep folks:
http://www.ebay.com/csc/PHOENIX1588/m.html?_ipg=50&_since=15&LH_Complete=1&_sop=16

Now, you wise gents, take a pick of one out of two of those sales and tell me how much "you've seen that end for on eBay," quote that and I will sell them to you for the same. That is "fair market value," NO?

Am I the only one that tires of this same ridiculous self-important thread born and reborn on "other forums" daily? Must we have it here, too? Perhaps we can add in the card company versus card company angle, too. That would make it oh so more exciting.

Although the influx of new members helps to grow a fine site such as HI, I feel the growing pain all too much... I do not frequent lowballer alley and hope HI isn't overrun, too.

I'm not sure what your point is, here, so you must be from Tex...oh, I see. ;)

Sure, he sells a TON of items and he can ask whatever he wants for them - especially if they are super limited or hard to find like a complete set of Enshrined base cards. What I and (I think) others are trying to point out in part (perhaps in vain) is that he may be able to do even better than he currently does by changing his model a little. E.g.: Do a completed search on "formidable foes tretiak" - you'll see two items for this print run 50 card: one that started at .99 and sold at $37.67 + $3 and the other by Phoenix which started at $49.99 +$3 BIN/BO and sold for $35. If I were in the market for that card and had been collecting the Formidable Foes subset for a while and knew that the market rate for that particular card is somewhere around $30-$40, I might take a look at Phoenix's auction and see that he's 25% above the high-end of my comfort zone - which incidentally makes me think that I'll be wasting my time making an offer to him. Having no idea that he is willing to take $35 for the card, I move on. I then see another copy of that card starting somewhere at or below my comfort zone - and I bid. Others do the same if the card has enough demand for it...and amazingly enough the auction finishes above the amount that Phoenix eventually sells for later on that day.

THIS IS WHY EBAY EXISTS - it allows buyers and sellers to come together and establish a market where there previously was none. If sellers allow the market to work - and set the starting prices are whatever they will be willing to accept (not necessarily 99 cents and NOT at a price where they will be unhappy) - this is when eBay is at its best for BOTH sellers and buyers. If they consistently get no bids at their price level, then it should be obvious that their pricing is too high and they must reset their expectations. The free-market system can be a beautiful thing if it is allowed to work - this is a prime example of when it should be.

No one has said they are entitled to something for nothing in this thread; this is about questioning the wisdom of those who choose to try to operate outside the market in some form or another.

To illustrate a better alternative, I offer as evidence seller zillaf4 (Lange's Comics and Supplies). He sells comics for the most part (and I have bought thousands of comics on eBay as well as thousands of sports cards) and starts a large percentage of his comics auctions at 99 cents, KNOWING that he has built a very loyal following of repeat customers who regularly outbid each other. Comics that don't sell for 99 cents probably would also be sitting unsold in a dollar bin at a con. I cannot count the number of times, however, when those 99-cent auctions end up with bids significantly higher than comparable auctions from other sellers. On the card side of things, we have guys like jaak99, who lists a ton of stuff at $1.99 and doesn't ream you on shipping and has built a loyal following. There are many others who adhere to this positive business model. These guys have nothing but goodwill generated towards them and for sure their practices aren't debated on message boards.

I apologize if this post has rambled, as I have been drinking, but hopefully I got the gist across. :cool:
 
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If I was a regular seller I'd basically look at past sales and want to come close...Not saying I'd want 5x what a card should go for...would basically want to do research to give the best price while not shorting myself significantly(both parties being happy is important).

On ebay the name of the game is to get the most you can. Perhaps on a site like this motivation might be geared towards both getting a good price as well as helping out a fellow collector. I will to a degree help out collectors..but if one guy is offering 200.00 and another is offering 400.00, I would go with the person offering more(unless they are a known problem...a general cheat or known for doing back charges)
 
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