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Old 04-30-2008, 06:08 AM
Archive Archive is offline
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Join Date: Mar 2009
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Default Buy It Now, Regret It Later?

Posted By: bruce dorskind



Over the past year, we have carefully studied E Bay's "Buy It Now Offering
for high grade pre war cards,

As best as we can tell, the average "buy it now price is 1.8 times greater
than the average of the most recent prices on Vintage Card Prices.com

Furthermore of the 300+ cards we tracked (average buy it now price
of $875) less than 10% appear to have sold. It is uncertain whether those
cards were sold at the seller's original asking price.

In 35 cases we found that the card landed up in a Memory Lane or Mile
High or Heritage Auction within 90 days of being pulled from the
Buy It Now.

Our own personal experiences have been mixed. In the last year we made
12 counter-offerings on T and E cards listed under Buy It Now.
Our average offering price was about 65% of the original asking price.

We were successful in 8 of the 12 circumstances.

The other four cards landed up in auction. We won two, at a price
less than our counter-offer on Buy It Now


What has been your experience with "Buy It Now?"


Bruce Dorskind
America's Toughest Want List

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