Ripple Effect on Vintage

[T205 GB]

Originally Posted by irv

Interesting! I thought what we were seeing with this recent PWCC one was just a new trend. I had no idea this card was selling for so much 5-6 years ago.

With that being said, in reality, the PWCC one doesn't seem really all that crazy now.

Sorry Dale I hope you didn't take offense to what I was saying. I was just stating that the bid history for that Jeter SP Foil is sketchy. I don't think it would be a stretch to say there is some pricing manipulation.

[irv]

Originally Posted by T205 GB

Sorry Dale I hope you didn't take offense to what I was saying. I was just stating that the bid history for that Jeter SP Foil is sketchy. I don't think it would be a stretch to say there is some pricing manipulation.

None taken whatsoever, Andrew. I was just confused on what you were saying and wasn't sure if you were talking about the actual bidders and the amount of bids they had or something else?

I did think, until I seen those previous sales, that this card was being run up/manipulated compared to previous prices realized, but now I realize that might not necessarily be the case?

[T205 GB]

You can check the bid history of those guys. One is 100% and the other is 93%. Right now PWCC has a lot of Jeter Foils for sale on auction format and this big card selling will cause the others they are selling to jump also. I couldn’t get the 10 for 15K but this 9 works for $7000 if the 10 just sold at $65000. I could just be a conspiracy guy too!

[irv]

Originally Posted by T205 GB

You can check the bid history of those guys. One is 100% and the other is 93%. Right now PWCC has a lot of Jeter Foils for sale and this big card selling will cause the others they are selling to jump also. I couldn’t get the 10 for 15K but this 9 works for $7000 if the 10 just sold at $65000. I could just be a conspiracy guys too!

I looked at those as well. Makes one wonder, doesn't it.

[WWG]

$99K
Underbidder has 14 retractions.

https://www.ebay.com/itm/1993-SP-Foi...rue&rmvSB=true

[irv]

Originally Posted by T205 GB

You can check the bid history of those guys. One is 100% and the other is 93%. Right now PWCC has a lot of Jeter Foils for sale on auction format and this big card selling will cause the others they are selling to jump also. I couldn’t get the 10 for 15K but this 9 works for $7000 if the 10 just sold at $65000. I could just be a conspiracy guy too!

Things that make you go, Mmm.

Originally Posted by WWG

$99K
Underbidder has 14 retractions.

https://www.ebay.com/itm/1993-SP-Foi...rue&rmvSB=true

Nothing to see here, it is well under their 25 bid retraction limit if you have never done business with them before.

[T205 GB]

Originally Posted by irv

things that make you go, mmm.



nothing to see here, it is well under their 25 bid retraction limit if you have never done business with them before.

lmao:d

[T205 GB]

Looks like eBay has a BVG 7.5 54 Red Heart Mantle for $1499 with a bid. Looks like the market is on the rise for Red Hearts now. Wish I could afford to buy up a bunch of those or just one 52 Topps Mantle in VG

[WWG]

Originally Posted by irv

Things that make you go, Mmm.
Nothing to see here, it is well under their 25 bid retraction limit if you have never done business with them before.

Quote:
Originally Posted by Brent Huigens View Post[/list]As pointed out by many of you, 25 is indeed a very high number of bid retractions to be considered reasonable in a six-month period. It stands to reason that any bidder who is bidding with discipline and control should have very few justifiable retractions. Brent and I put great consideration on how we would roll out this process. Truly, if we placed the threshold at something lower like 10 or 5, we feared it would be too much of a drastic change. Ultimately, our goal is not to punish bidders, but rather to inform users of the rules as we believe in due time bid retractions will diminish.

We are starting with 25 as the threshold to help get the word out. Starting in Q1 2017 it will be reduced to 10, and later in 2017 it may be reduced to 5.

[T205 GB]

Lets Try to keep the train on the tracks here. We are talking about the ripple effects of certain players cards selling at great increases and how it draws the rest of the field up with it.