From one Auction house to another?

[cracker_jack]

I just saw a piece of signed memorabilia in an upcoming auction that was just recently sold in a different auction house five months ago. Is this common practice to try and make a buck? Buyers remorse? Or should I be concerned that there's something wrong with the item when the buyer received it? What do you guys think?

[Sean1125]

Several options:

Buyers Remorse
Need the Money
Shifting to another piece


I am sure there is another trove of reasons. It depends on the particular piece, but in 5 months some things have gone up 30-50%... Typically though going straight from one auction to another will get you break even at best.

[bn2cardz]

Flipping due to the seasons is a reasonable guess. December prices are lower than spring prices. My theory is this has to do with people saving money for holiday purchases, then tax refunds come rolling in.

Yet I have purchased and flipped a few months later after changing focus. I am now thinking of getting out of most of my collecting except a couple areas of focus. This would mean things I bought as recently as a month ago could be back up for sale very soon.

There are a lot of reasons, but this happens quite often.

[ullmandds]

Any of your proposed scenarios is possible. This tactic has become common...we even see items listen on the bst immediately after being acquired from an AH at inflated prices.

[packs]

People complain about that stuff on the BST all the time but I don't see a difference between selling an individual item or buying up lots and piecing them out individually on the same BST, which happens just as frequently. Everyone buys low with an aim to sell high.

[ullmandds]

it's one thing to buy a lot and then price/sell individually on the bst...I have no issues with this. This used to be a pretty east way to make $$$$...not anymore.

The issue I have is buying a big ticket item then immediately placing it for sale at inflated price.