I don't think it's lack of demand for prewar stuff. I'm a small time seller on ebay, but I still have decent sales. A lot of it is that you have to have new stuff. Whenever I have new inventory, a lot of it gets gobbled up.
I do think that ebay has made it tougher to be a seller with the extremely generous return policies and continuing high bar to maintain Top Seller rating. I think some sellers figure it's just not worth the trouble anymore.
Finally, I think for many sellers, auctions from 99 cents simply don't work for them anymore. It used to be that some lots would go much over expectation and some below, so you would net right around what you expect. However, now if you don't have the right audience, you can get completely wiped out. Therefore, if you do decide to sell, BINs are the way to go.
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