Outrageous prices on ebay

[TheNightmanCometh]

Originally Posted by 1952boyntoncollector

i agree but for venezeulans they have brothers in arms....

Are they as big as those two? I wonder if regular folks who happen to just have some VZs for sale look at Dean's and Yep's prices and list theirs according to what those two list theirs for.

[1952boyntoncollector]

Originally Posted by TheNightmanCometh

Are they as big as those two? I wonder if regular folks who happen to just have some VZs for sale look at Dean's and Yep's prices and list theirs according to what those two list theirs for.

good point..it always funny to see pawn store shows when the ask the guy trying to sell the item where he got his price from he normally says 'thats what i see them for sale for'.....pawn guy always says 'they can ask for anything but that doesnt say what they sell for/what they worth'

[TheNightmanCometh]

Exactly. More power to them if they want to sit on piles of inventory. I imagine they've probably done some sort of cost analysis that shows pricing their cards high and selling a few is more profitable than pricing their cards low and selling a lot. Or maybe I'm giving them way too much credit and they just like to price their stuff high. I have no way of knowing how much business they do, but I have to imagine they'd make more money pricing their cards more competitively, but I don't do what they do on a day to day basis, so that's pure conjecture.

[1952boyntoncollector]

Originally Posted by TheNightmanCometh

Exactly. More power to them if they want to sit on piles of inventory. I imagine they've probably done some sort of cost analysis that shows pricing their cards high and selling a few is more profitable than pricing their cards low and selling a lot. Or maybe I'm giving them way too much credit and they just like to price their stuff high. I have no way of knowing how much business they do, but I have to imagine they'd make more money pricing their cards more competitively, but I don't do what they do on a day to day basis, so that's pure conjecture.

can always check the sold listings on ebay with them and see what they sell.

[ALR-bishop]

Do not know about Yep but but when I buy from Deans or Levi I do it direct, not through eBay.

[1952boyntoncollector]

Originally Posted by ALR-bishop

Do not know about Yep but but when I buy from Deans or Levi I do it direct, not through eBay.

several sellers refuse to do deals directly, only through ebay..but they dont charge as much as those guys

[ALR-bishop]

Right. If I do not know the seller or he know me, eBay is safer

[mechanicalman]

Originally Posted by 1952boyntoncollector

can always check the sold listings on ebay with them and see what they sell.

This would only give you a small window into their performance. It would not capture their direct sales, nor does it give any insight to their cost basis on the cards sold. Not to mention, we have no idea of their overhead, staffing, or other expenses.

So, I agree that, until these businesses go public, we can only conjecture on the success, or lack thereof, of these players. I find it curious that some members just assume they're killing it (not saying you said that, Jake, but others have made the comment.) I recognize there may actually be attorneys or accountants on this board with intimate knowledge of their financials, but most would not have that visibility.

[TheNightmanCometh]

Originally Posted by mechanicalman

This would only give you a small window into their performance. It would not capture their direct sales, nor does it give any insight to their cost basis on the cards sold. Not to mention, we have no idea of their overhead, staffing, or other expenses.

So, I agree that, until these businesses go public, we can only conjecture on the success, or lack thereof, of these players. I find it curious that some members just assume they're killing it (not saying you said that, Jake, but others have made the comment.) I recognize there may actually be attorneys or accountants on this board with intimate knowledge of their financials, but most would not have that visibility.

Correct. An eBay search only takes into account that one specific aspect of what they do. We already know Dean's has his own site, not sure on Yep. There are other issues we have no clue about as to why they price as high as they do. My best guess is they either feel that their pricing is the perfect balance between supply and demand (I don't think it is, but I don't have all the information), they are in on their cards for a lot, or they just like to price their stuff high and are able to wait it out. No matter what the reason, their prices are higher than what the actual market dictates, IMO. Some would argue that they sell cards, so that's the market, but that's a false narrative. The best indicator is however close they are to the middle of the supply and demand axis. I don't think they're center, but again, I'm only basing that on what I've looked at for their eBay sells. Lots of other means of selling than just eBay.

[mark evans]

I bought a couple cards from Levi some years ago -- '52 Topps Minoso and Pitler as I recall. I was quite satisfied although I suspect I paid a premium for the cards. I admire Levi for his role in the hobby. Setting up at all the shows with an amazing array of cards. An honest and colorful guy -- a 'pillar' of the hobby in my view.

As to pricing, I've never had a problem with sellers who insist on a premium above auction/market value. The point I've made a couple of times is that eBay was a hell of a lot more fun and productive for collectors in the days of auctions, before the proliferation of BINs.

[1952boyntoncollector]

Originally Posted by TheNightmanCometh

Correct. An eBay search only takes into account that one specific aspect of what they do. We already know Dean's has his own site, not sure on Yep. There are other issues we have no clue about as to why they price as high as they do. My best guess is they either feel that their pricing is the perfect balance between supply and demand (I don't think it is, but I don't have all the information), they are in on their cards for a lot, or they just like to price their stuff high and are able to wait it out. No matter what the reason, their prices are higher than what the actual market dictates, IMO. Some would argue that they sell cards, so that's the market, but that's a false narrative. The best indicator is however close they are to the middle of the supply and demand axis. I don't think they're center, but again, I'm only basing that on what I've looked at for their eBay sells. Lots of other means of selling than just eBay.

sold listings do mean something though..you can see who actually pays full retail value and when they do direct sales they will close those active listings as not available.......