RustyGreerFan
Active member
Here are two different auction results of the BGS9 example, serial number: 0007352477, of the Frank Thomas 1990 Topps #414A NNOF. https://bit.ly/2JoPDVM
That's amazing.
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Here are two different auction results of the BGS9 example, serial number: 0007352477, of the Frank Thomas 1990 Topps #414A NNOF. https://bit.ly/2JoPDVM
Rare Babe Ruth road jersey sells for over $5.6 million, making it the most expensive piece of sports memorabilia on earth to date. See it here. https://bit.ly/2KNBa6n
Here’s what I hate about “relic game used” stuff. Here’s an iconic piece of historic sports memorabilia that is incredibly limited in existence. For all we know, Topps Co. purchased this piece to basically shred and glue fragments into some future card releases...thereby destroying the original artifact, all in the name of a few dollars.
I equate it to having a one of a kind auto of an historical figure and cutting it into 20+ pieces so that many people can own a piece. After it’s cut all to hell, it’s basically is insignificant as a rare piece. I just don’t like it. End rant [emoji51]
This Jay Bruce Superfractor was listed four times over the past month. Here's a review of each listing and what the last one could mean to collectors. https://bit.ly/2XBqQnV
I was actually just thinking about a similar situation this week. What I mean is that I was wondering if a ridiculously high BIN price with Best Offer activated is ultimately hurtful to the market and does it always need to be? Could we ever get to a point where a high BIN is the norm, just to allow more reasonable offers and not risk being taken advantage of? Here is my thought behind this.
If you have a card like this Jay Bruce, where the market is not necessarily established, but you'd like people to submit offers, setting a BIN price can backfire if you are not careful. Nobody wants to give away money, but unless you study the Jay Bruce/Superfractor market, you really don't have a great idea what this card might be worth to most. You always hope someone comes strong, but maybe you just want to get a certain amount out of the card. If you set a BIN too low, someone is going to grab it fast and it's likely to be a flipper just looking to make a fast buck and exploits a seller mistake in the process. Maybe you don't care, but it still stings to leave money on the table and everyone can always use a little more. If you list it too high though, it might not receive any offers because many bidders seemingly are too worried about "offending the seller" with a low ball offer. I tried this on a smaller scale and although I had many watchers, the offers were few and far between. I ultimately accepted every offer that was made, but I still feel that some bidders may have been reluctant to offer, even though I specifically stated in the listings that my BIN prices were high on purpose and that I was just looking for fair offers!
You see it ALL THE TIME in whiny threads on these forums about how bidders are frequently described as cheap or lowballers, but it seems that the market has set up a general expectation that many sellers are looking to get about 50% of their asking price, much the same way that Beckett seemed to set the market for card show deallers who would list at Hi Beckett, expecting to get about half that in reality.
I think it would be nice if "unrealistic" BIN prices with BO were just a way to get a card in front of people to make offers without risking a huge loss of potential profit. In fact, it would be nice if ebay would just do away with a required BIN price and allow open offers only. Lets be honest here, a fair amount of BIN prices are way too high anyway and the seller is simply trying to get you to aim somewhere under that value anyway, but some sellers seem to be ultra offended when a 50% offer is placed on their items. However, don't even try to offer less than 50%, even if your offer would be considered fair to 98% of the selelrs, because THAT seller is probably going to have an aneurysm if your offer is not 85% or higher of BIN.
Buyers and sellers are all trying to get the best deal, but the games keep a lot of sales from happening in my opinion.
I hear the points you guys are making, and from my viewpoint you're both right. These games are ridiculous, and these sellers asking the moon for cards - including those with much lower proven sales history - are delusional. I think the key point is to remember that with these sellers, their priority is not to sell these cards.
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