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-   -   Why? (http://www.net54baseball.com/showthread.php?t=166536)

vintagetoppsguy 04-04-2013 01:05 PM

Why?
 
I won this 1965 Topps Swoboda/McGraw RC for my 1965 Topps set last week and the card arrived today. The closing price was $67 w/ free shipping.

http://cgi.ebay.com/ws/eBayISAPI.dll...27#ht_44wt_989

I got outbid on this very same card (same cert #) in February as it sold for $170.39 (I had a proxy of $155.55).

http://cgi.ebay.com/ws/eBayISAPI.dll...47#ht_25wt_989

Here's where it gets interesting. The card was sold in February by itz4fun91 to twobrothersgames. The card turns up on eBay a few days later, but the seller is cjmarq2345 and he lists it as a BIN of $399.95. I'm guessing that twobrothersgames and cjmarq2345 are the same person. Maybe one is a buying account and one is a selling account. Who knows?

http://cgi.ebay.com/ws/eBayISAPI.dll...7#ht_279wt_751

Anyway, the card sold within just a few days. Somebody clicked the BIN at $399.95. That's a $220 profit in less than a week. I have no problem with that (I think it's great for the seller), I'm just pointing it out. The buyer was yogiberrabasketball. Well, yogiberrabasketball had the card for about 3 weeks and turned around and listed it back on eBay, this time as a straight auction. That's when I won it for $67.

It just doesn't make sense to me (not that I'm complaining at all :D) that yogiberrabasketball would buy the card for $399.95 knowing it had sold on eBay just a few days earlier for $170.39, hold it for 2 weeks, list it back on eBay and take nearly a $330+ loss.

Anyway, like I said, I am certainly not complaining as I got it for less than half my original proxy. I just don't understand buying behaviors like this though. Scratching my head.

Cardboard Junkie 04-04-2013 01:13 PM

I don't know about the card/buyers/sellers in the situation you described, but..I am an expert at buying high and selling low. And on more than a few occasions I have received a graded card only to be disappointed in its condition and turn right around and list it....just to get rid of it. I have taken 3 and 4 figure losses via my method.:eek:Dave.

vintagetoppsguy 04-04-2013 01:17 PM

If nothing else though, the buyer yogiberrabasketball could have returned it for a refund if he weren't happy. The seller cjmarq2345 offered a 14 day money back guarantee. Instead, he took a $330+ loss.

Cardboard Junkie 04-04-2013 01:21 PM

Interesting....perhaps there's something fishy in Denmark....don't know what though? Dave. ps hey david..you need a nice 65T #225 Bo Belinsky?

savedfrommyspokes 04-04-2013 01:33 PM

Awesome pickup on the 65 McGraw RC!

"Yogi" also tried to "flip" a 93 Topps BVG 9.5 Derek Jeter card that he purchased recently....before the ebay fees he broke even on that deal. Possibly as a buyer he bought these cards and lost his job or forgot to buy his wife her birthday present and was forced into an emergency liquidation of his recent acquisitions all without realizing that he could have returned these cards for a refund.

D. Bergin 04-04-2013 02:08 PM

I don't understand. "Return For A Refund" because he didn't like the price he paid for it?

:confused:


My guess, he saw some of the prices PSA 10's go for on occasion and thought the SGC 10 would translate similarly.

Most likely a gamble that lost, and he probably had no idea what it sold for previously. Plenty of gamblers are driven harder by the idea of the gamble then they are in researching the gamble itself. If not, bookees and casinos would be out of business fast, if people actually did a pro and con analysis of their odds of winning the "gamble".

savedfrommyspokes 04-04-2013 02:38 PM

Quote:

Originally Posted by D. Bergin (Post 1112567)
I don't understand. "Return For A Refund" because he didn't like the price he paid for it?

:confused:


My guess, he saw some of the prices PSA 10's go for on occasion and thought the SGC 10 would translate similarly.

Most likely a gamble that lost, and he probably had no idea what it sold for previously. Plenty of gamblers are driven harder by the idea of the gamble then they are in researching the gamble itself. If not, bookees and casinos would be out of business fast, if people actually did a pro and con analysis of their odds of winning the "gamble".


Ebay obviously allows buyers to make returns for full refunds for "any" reason....if "yogi" had chosen to return these cards, it most likely would have not been because he was unhappy with the price he paid, but because he had something in his life occur that caused a financial hardship after he purchased these cards and he now needed to recoup the money he spent on these cards. So he tried to recoup his money by reselling the cards (at a substantial loss), versus taking advantage of ebay's easy return policy and returning to get a full refund.

Otherwise, it was a very poor attempt on his part to "flip" some cards for a profit because he did very little if any research.

vintagetoppsguy 04-04-2013 02:51 PM

Agreed.

Cardboard Junkie said the he has purchased graded cards before, only to turn around and re-list them because he wasn't happy with the condition. My response to that was that if yogiberrabasketball wasn't happy with the condition of the card he purchased, he could have returned it for a refund.

Nobody said anything about returning it for a refund because he didn't like the price.

bosoxfan 04-05-2013 07:22 AM

It's makes absolutely no sense to me but what a great card at an even better price!!

ALR-bishop 04-05-2013 07:50 AM

Maybe..
 
...it's like when you are in the drive in line at Starbucks and the person ahead pays for your order. But now you have to play it forward :)

pepis 04-05-2013 11:17 AM

Quote:

Originally Posted by ALR-bishop (Post 1112865)
...it's like when you are in the drive in line at Starbucks and the person ahead pays for your order. But now you have to play it forward :)

Starbucks has drive in now?

ALR-bishop 04-05-2013 11:51 AM

Starbucks
 
Several in San Antonio


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