Quote:
Originally Posted by T206Collector
I just sold off about 300 T206 cards in 20 card bursts over the past week or two on ebay. I did almost every one as a 1-day auction with a .99 cent starting price. The amount of attention was more than sufficient. I did pretty well. I do think I may have done slightly better with the 3-day auction format.
I don't like going more than 3 days because people forget about listings. They get the email in the morning that there is a listing. They check it out and realize it ends in a few hours, and they get to thinking. I like to find the buyers and keep them interested in bidding on the same day.
I often do better with the auction format than I was even asking for in the BIN format. E.g., a $200 BIN that doesn't sell will sometimes sell for $225 or $250. I think BINs get ignored, even if they're reasonable.
Edited to note: This works for T206s because there are SO many collectors. If you're talking about a rare item, you may take a different approach.
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I once had a E98 Cobb ( ratty) up on a .99 cent auction or BIN of $800. It sold via the auction at $820- go figure