Are BCDP rippers Outpricing themselves?

[ballerskrip]

I have been fairly disapointed so far in the BIN prices of nearly every seller on ebay to this point. Not that I ever tend to buy at release, etc.

BUT, every nice card that has been pulled (outside the Matzsek super) has been astronomically priced. ANY gold auto is $400, a red auto is $899, etc.

I am not totally understanding the thought process here. Why not price them high, but low enough that you ACTUALLY HAVE A SHOT OF IT SELLING?

I guess I just don't understand the thought process for most of these sellers. They have a shot to set the bar, make a nice sale, get some good change in their pockets. Instead, they are giving other selles the opportunity to get theirs listed and undercut the crap out of them.

Thoughts?

skrip

 

[mredsox89]

hope of getting one PC guy who just wants to get that rare card "out of the way"? Thats the only reasoning i can come up with. If i ripped before release date everything would be at .99 and let it ride

 

[Sly]

Are those straight BIN's? Or BIN's w/ BO?? If it's w/ BO, I really put little stock in the actual BIN price. If people use BO, then they generally put a high BIN...just in case.

 

[SINFULONE]

I have been fairly disapointed so far in the BIN prices of nearly every seller on ebay to this point. Not that I ever tend to buy at release, etc.

BUT, every nice card that has been pulled (outside the Matzsek super) has been astronomically priced. ANY gold auto is $400, a red auto is $899, etc.

I am not totally understanding the thought process here. Why not price them high, but low enough that you ACTUALLY HAVE A SHOT OF IT SELLING?

I guess I just don't understand the thought process for most of these sellers. They have a shot to set the bar, make a nice sale, get some good change in their pockets. Instead, they are giving other selles the opportunity to get theirs listed and undercut the crap out of them.

Thoughts?

skrip

The Wossa effect?

 

[mredsox89]

Are those straight BIN's? Or BIN's w/ BO?? If it's w/ BO, I really put little stock in the actual BIN price. If people use BO, then they generally put a high BIN...just in case.

While that can be true, an absurd BIN, even with BO will often deter me from the card, especially if i don't really "need" it

 

[kentuckyderby]

Which ones sold so far?

I saw the red ******* and gold ******* sold
The Tillman super as well was sold off site
Also noticed Magglio WBC red was sold on ebay
Mitchell orange was pulled but cannot see the price since it was deal not via ebay

any others?

 

[kentuckyderby]

As goofy as it might sound, the "wossa effect" does come into play

People who set a BIN and get it accepted will always wonder "Will Wossa have paid more?"

Heck, some who commented about staying away early when the prices are high already have been hitting the BIN/BO. That's why I never give much credibility when one rips on a checklist or product because there are always hidden agendas

I think I picked up my 3 Beckham golds a couple months after release
If you really want a gold, it will eventually come down to a price that you are willing to pay as long as you aren't being too unrealistic on your perceived value. Now if you are going after the super or red, that's a different story due to limited quantity

 

[uniquebaseballcards]

Its been a developing trend since mid-late summer - astronomical BINs on the highest end cards. As I've written a few times before, I've been staying away from these cards not wanting to encourage this trend.

I think sellers are trying to compensate from poor sales.

I have been fairly disapointed so far in the BIN prices of nearly every seller on ebay to this point. Not that I ever tend to buy at release, etc.

BUT, every nice card that has been pulled (outside the Matzsek super) has been astronomically priced. ANY gold auto is $400, a red auto is $899, etc.

I am not totally understanding the thought process here. Why not price them high, but low enough that you ACTUALLY HAVE A SHOT OF IT SELLING?

I guess I just don't understand the thought process for most of these sellers. They have a shot to set the bar, make a nice sale, get some good change in their pockets. Instead, they are giving other selles the opportunity to get theirs listed and undercut the crap out of them.

Thoughts?

skrip

 

[SINFULONE]

As goofy as it might sound, the "wossa effect" does come into play

People who set a BIN and get it accepted will always wonder "Will Wossa have paid more?"

Heck, some who commented about staying away early when the prices are high already have been hitting the BIN/BO. That's why I never give much credibility when one rips on a checklist or product because there are always hidden agendas

I think I picked up my 3 Beckham golds a couple months after release
If you really want a gold, it will eventually come down to a price that you are willing to pay as long as you aren't being too unrealistic on your perceived value. Now if you are going after the super or red, that's a different story due to limited quantity

I don't think it ever sounded goofy to begin with.I think someone else mentioned this at some point earlier this year with him.He always gets what he wants, and surely he's hit a few BIN's here and there.Hell, I'd pay admission to look at his bucket.

 

[Topnotchsy]

Which ones sold so far?

I saw the red ******* and gold ******* sold
The Tillman super as well was sold off site
Also noticed Magglio WBC red was sold on ebay
Mitchell orange was pulled but cannot see the price since it was deal not via ebay

any others?

Matzsek Super sold (as mentioned in OP.)

 

[All The Hype]

Are those straight BIN's? Or BIN's w/ BO?? If it's w/ BO, I really put little stock in the actual BIN price. If people use BO, then they generally put a high BIN...just in case.

While that can be true, an absurd BIN, even with BO will often deter me from the card, especially if i don't really "need" it

I feel the same way. As far as I'm concerned, there are two types of listings that I will consider trying to win:

1. A listing of a card I definitely want, especially if it's a PC player or something I've been looking for.

2. A listing of a card I would be interested in if I could get it at a fair price (and even better if it was on the low end of the eBay market value)

For listing type #1, I will generally make an attempt to buy the card regardless of what the BIN price is. If my offer gets declined, sometimes I'll try again, sometimes not, depending on price.

For listing type #2, I will generally make an offer on a BIN/BO listing ONLY if the BIN price seems reasonable like the seller is not expecting way too much for the card. If the BIN is insane for the card, I simply do not offer.

Whether or not this is is the most logical way to operate, it seems to be a trend I have picked up and held onto... and I get the sense that I'm not the only one.

Bottom line: lower BIN prices = higher level of interest.

 

[prospectorgems]

Yeah, it's pretty ridiculous. I am only collecting one player from this set and that is Arnett. I just saw that someone has a gold refractor for a stupid high BIN of $400. His refractors are barely getting over $11. I wouldn't mind overpaying a bit, but I couldn't even imagine offering $100 for the card. I am going to make an offer regardless, but I know it will get shot down right away.

 

[kentuckyderby]

Which ones sold so far?

I saw the red ******* and gold ******* sold
The Tillman super as well was sold off site
Also noticed Magglio WBC red was sold on ebay
Mitchell orange was pulled but cannot see the price since it was deal not via ebay

any others?

Matzsek Super sold (as mentioned in OP.)

Do you know price?

I might be spelling incorrectly or using wrong key words

 

[baseballguy350]

Which ones sold so far?

I saw the red ******* and gold ******* sold
The Tillman super as well was sold off site
Also noticed Magglio WBC red was sold on ebay
Mitchell orange was pulled but cannot see the price since it was deal not via ebay

any others?

Matzsek Super sold (as mentioned in OP.)

Do you know price?

I might be spelling incorrectly or using wrong key words

$500 BIN. Listed for about an hour tops.


Magglio WBC was bought by me on behalf of a Magglio supercollector who is over in Iraq. He sends me paypal to buy certain Magglios, as there is no such thing as shipping to Iraq (I know I know APOFPO). Easier to have someone hold it in a box here, then it is to ship to an APO.

His reasoning for "overpaying", you really DON'T know if another will come up. The BIN was a bit ridiculous on the Magglio red, and if it was me, I wouldn't have even made the offer. Also, when you have a real dedicated player collection, like he has, you know which buyers you are constantly competing against for low numbered parallels. He also has a set price to pay for the Red, Plates, and Super. Part of player collecting is setting a value before the product comes out that YOU are happy with, and having your max snipe, or max offer be that number. In case anyone else is reading this, looking for the Magglio Gold, Blue, and Xfractor still, along with any plates or 1/1.

 

[pigskincardboard]

It's a pretty massive waste of comparative advantage, unless the card's crazy-rare.

I haven't even started looking through eBay yet, but I love watching the prices. The thing is, I don't know how much of this product gets opened, so in reality, they could be justifiably asking for more.

If the product epically sucks, the high value cards will go up in price until it gets to the point where people start opening more product..

 

[schmidtfan20]

Collectors are getting smart, the only thing that auctions guarentee is that the card will go for the lowest
price that someone is willing to pay. It doesn't take into account what it is worth to someone else. Its the
old saying at card shows...well how much do you want for it...vs make me an offer.

The days of pulling a card that is like 1 in 20 cases and only getting the price of one box back is over. If you
want the card you are going to have to pay. I would rather sit on it than give it away, especially when most of the
time I get my cards by ripping wax. I can't tell you how many times I put a crazy BIN on a card hoping to get
say 40% of that, fielding offers and getting an offer of 80%. When dealing with rare cards, you have to test
the waters, high BIN, take offers and see what happens. Worst case, it doesn't sell and you are out a few
quarters.

Kevin

 

[kentuckyderby]

Which ones sold so far?

I saw the red ******* and gold ******* sold
The Tillman super as well was sold off site
Also noticed Magglio WBC red was sold on ebay
Mitchell orange was pulled but cannot see the price since it was deal not via ebay

any others?

Matzsek Super sold (as mentioned in OP.)

Do you know price?

I might be spelling incorrectly or using wrong key words

$500 BIN. Listed for about an hour tops.


Magglio WBC was bought by me on behalf of a Magglio supercollector who is over in Iraq. He sends me paypal to buy certain Magglios, as there is no such thing as shipping to Iraq (I know I know APOFPO). Easier to have someone hold it in a box here, then it is to ship to an APO.

His reasoning for "overpaying", you really DON'T know if another will come up. The BIN was a bit ridiculous on the Magglio red, and if it was me, I wouldn't have even made the offer. Also, when you have a real dedicated player collection, like he has, you know which buyers you are constantly competing against for low numbered parallels. He also has a set price to pay for the Red, Plates, and Super. Part of player collecting is setting a value before the product comes out that YOU are happy with, and having your max snipe, or max offer be that number. In case anyone else is reading this, looking for the Magglio Gold, Blue, and Xfractor still, along with any plates or 1/1.

Understand that 1/1 and cards #ed that low are the ones that force people to "overpay"
I thing I mentioned that in this post or maybe in another
Pretty cool that you are looking out for Mag collector

 

[uniquebaseballcards]

BIN prices are becoming like the prices in those overpriced mall stores.

But I'd also imagine that high BINs would help store owners justify cascading higher prices of 'lesser' cards as well.

 

[kentuckyderby]

BIN prices are becoming like the prices in those overpriced mall stores.

But I'd also imagine that high BINs would help store owners justify cascading higher prices of 'lesser' cards as well.

I refuse to go into card stores inside malls for that exact reason

In all seriousness, if a person wants to list crazy BIN, so be it
Some might be turned off (as I am at times)while another might actually hit the BIN
It's their buck to list, let them do as they please
Some of the BIN do get hit so that will always motivate some to continue with the trend

 

[uniquebaseballcards]

Yeah but you can choose to ignore those mall shops while you're in the mall, but those crazy BINs will always be in your face whether you like it or not.

I've a feeling that this crazy BIN trend will start to turn even more people off to the hobby, as after a while the greed becomes less subtle and more obvious.

BIN prices are becoming like the prices in those overpriced mall stores.

But I'd also imagine that high BINs would help store owners justify cascading higher prices of 'lesser' cards as well.

I refuse to go into card stores inside malls for that exact reason

In all seriousness, if a person wants to list crazy BIN, so be it
Some might be turned off (as I am at times)while another might actually hit the BIN
It's their buck to list, let them do as they please
Some of the BIN do get hit so that will always motivate some to continue with the trend