McQuarrie99
Verified Trader
Would a seller be turned off of a high starting bid ?
ie bv on the card be $300 and the starting bid maybe $75 ?
ie bv on the card be $300 and the starting bid maybe $75 ?
eBay selling question
- Thread starter McQuarrie99
- Start date
Orca Pod
Bitter, Jaded & Disillusioned!,
you mean buyer?
If yes, it seriously depends on the card. A card may have a 'BV' (which is a totally useless number to begin with) but eoes not historically sell for even 25% of 'BV,' then, yes, a $75 opening bid is not a wise decision as a seller.
On the other hand, if it is a higly sought-after set or player, then people would not be turned off by a $75 opening bid.
If it is an older, short-printed card (let's say more than 6 or so years), I have noticed cards not even being given a sniff with high opening bids, and when the seller relists it with a reasonable opening bid, he/she usually ends up getting more than the original opening bid.
If yes, it seriously depends on the card. A card may have a 'BV' (which is a totally useless number to begin with) but eoes not historically sell for even 25% of 'BV,' then, yes, a $75 opening bid is not a wise decision as a seller.
On the other hand, if it is a higly sought-after set or player, then people would not be turned off by a $75 opening bid.
If it is an older, short-printed card (let's say more than 6 or so years), I have noticed cards not even being given a sniff with high opening bids, and when the seller relists it with a reasonable opening bid, he/she usually ends up getting more than the original opening bid.
McQuarrie99
Verified Trader
Opps, ya I mean buyer
I know bv does not mean anything but had to use a reference point
And they would be pretty high end Crosby cards
I know bv does not mean anything but had to use a reference point
And they would be pretty high end Crosby cards
chadsexington
Registered User
Something you might want to think about is providing your buyers with the thrill of the chase and enticing people to bump those low bids higher with the possibility of nailing the card for a low bid, and then fighting in a bidding war where it will end higher than anticipated...maybe even above your original starting thought of $75.
I'll give you a perfect example.
Back when 05-06 SP Game Used was released, and the auto-draft cards hit the market, there were 2 Mike Cammalleri auto-draft cards ending on the same day within an hour of each other, all sought after by the 2 bigger collectors (myself and a lady in Montreal,) and a small handful of minor collectors I would see pop up here and there (mostly Kings collectors.) One had a starting bid of $.99 and the other a starting bid of $9.99. I figured it was probably a $25 card at most (he didn't have many low numbered cards at the time.) I started bidding on the $.99 item and let it go till $25 and then stopped. When the dust settled, it ended at $54.50, and neither myself nor the other collector had won it.
I swooped in an hour later and grabbed the $9.99 starting bid card with an $11.50 snipe.
Another good example...I'm bidding on some MMA cards right now. I see a card I want right now untouched with no bids for $19.99 ending tomorrow, and I'll hopefully pull it down for that if I'm lucky. Similar cards have ended for $27-45 with $.99 starting bids because it gathered early interest at a low price, and all those people were around to see it through to the end, every one of them wanting it till the last second.
McQuarrie99
Verified Trader
Ok well that settles it, start them at .99
Thanks for the input
Thanks for the input
Unless you need the cash - Now would NOT be the time to be selling High End Crosby's.
Pen's eliminated - Crosby has not played for months. Unless they are so desirable that they would easily sell at an opening bid of $149 or more, you will almost certainly be looking at garnering far less than their potential selling price next year.
Another factor will be your Ebay feedback score - if you are new to selling - expect to take another hit on value. However if your feedback score is very high and with good seller ratings - you can use Ebay's 50 listings per month free with free Buy It Now to your advantage. List the Crosby's a couple of times with high 'fishing' starting prices to gauge interest - Maybe $179 the first time with a Buy It Now of $229. That will give you a no-cost idea of the selling value.
If you have time to sell (don't need the money right now) you can realize a better return. To counter the example above - I just sold on a BIN - Evander Kane Cup 4 Color RAP - it had been listed at $129/BIN $149 & $149/BIN $169 twice before with
lots of questions but no bites. Lots of offers for $99. Sold this morning after 3 hours of being listed for $159 Buy It Now. Sometimes it just means having to wait for the right buyer to come along!!!
Good Luck.
bruce
Pen's eliminated - Crosby has not played for months. Unless they are so desirable that they would easily sell at an opening bid of $149 or more, you will almost certainly be looking at garnering far less than their potential selling price next year.
Another factor will be your Ebay feedback score - if you are new to selling - expect to take another hit on value. However if your feedback score is very high and with good seller ratings - you can use Ebay's 50 listings per month free with free Buy It Now to your advantage. List the Crosby's a couple of times with high 'fishing' starting prices to gauge interest - Maybe $179 the first time with a Buy It Now of $229. That will give you a no-cost idea of the selling value.
If you have time to sell (don't need the money right now) you can realize a better return. To counter the example above - I just sold on a BIN - Evander Kane Cup 4 Color RAP - it had been listed at $129/BIN $149 & $149/BIN $169 twice before with
lots of questions but no bites. Lots of offers for $99. Sold this morning after 3 hours of being listed for $159 Buy It Now. Sometimes it just means having to wait for the right buyer to come along!!!
Good Luck.
bruce