1993 Derek Jeter UD SP, PSA 10 Value

[Peter_Spaeth]

Why is it that so many PWCC cards see so much early bidding action? The card was at 33K within 2 days of being listed. It was at 30K within a day of being listed.

[Bestdj777]

Originally Posted by Peter_Spaeth

Why is it that so many PWCC cards see so much early bidding action? The card was at 33K within 2 days of being listed. It was at 30K within a day of being listed.

It's interesting. I know I've bid aggressively early when I've really wanted a card. I think it's the OPs card as that was a very weird first post, particularly if it was actually a card he was considering buying.

On a side note, it's amazing to me that this would be a 30k + card when it looks like you can get an 8 or an 8.5 for less than $500. With my eyesight, the difference in appearance is virtually non-existent.

[pokerplyr80]

Originally Posted by Bestdj777

It's interesting. I know I've bid aggressively early when I've really wanted a card. I think it's the OPs card as that was a very weird first post, particularly if it was actually a card he was considering buying.

On a side note, it's amazing to me that this would be a 30k + card when it looks like you can get an 8 or an 8.5 for less than $500. With my eyesight, the difference in appearance is virtually non-existent.

It is not uncommon for a psa 10 to sell for 50-100x what a psa 8 would sell for. Look at any of the 70s and 8s RCs that go for 10k plus in a 10. 8s are very common, and go for 100-300.

Same with 50s and 60s, though prices are mich higher, and the multiple will often exceed 100x.

[steve B]

I've wondered if bidding big early is a mind game leftover from in person auctions. I've had some luck at those getting deals on items I really want that are within my budget by bidding the auctioneers opener and basically just leaving my number up till either the other bidders quit or I hit my max.
It's basically telling other bidders you're very solidly committed to buying it. And surprisingly, many will back down before hitting a reasonable price.

I've always figured it was hard to signify intent that way online, but maybe it works? I know if an Ebay item has been bid to almost what I'd be interested in spending I often abandon it in favor of a potential "deal" later on.


Steve B

Originally Posted by Bestdj777

It's interesting. I know I've bid aggressively early when I've really wanted a card. I think it's the OPs card as that was a very weird first post, particularly if it was actually a card he was considering buying.

On a side note, it's amazing to me that this would be a 30k + card when it looks like you can get an 8 or an 8.5 for less than $500. With my eyesight, the difference in appearance is virtually non-existent.

[Rookiemonster]

Originally Posted by Peter_Spaeth

Why is it that so many PWCC cards see so much early bidding action? The card was at 33K within 2 days of being listed. It was at 30K within a day of being listed.

I've noticed this as well , in a 9 day auction it reaches the max price (imo)
With 3 day still to go. I said it before and I'll say it again I don't know who or why you would bid before the final seconds . Everyone save money on the item
This way .

[pokerplyr80]

I've seen others say a strategy is to go big right away, scare away some of those who would put snipes in late. It's not a strategy I use, but I can see it working.

[Peter_Spaeth]

Originally Posted by pokerplyr80

I've seen others say a strategy is to go big right away, scare away some of those who would put snipes in late. It's not a strategy I use, but I can see it working.

So why does it happen so disproportionately in PWCC? For a time it was every single big card, and it may still be, I haven't checked of late.

[pokerplyr80]

Originally Posted by Peter_Spaeth

So why does it happen so disproportionately in PWCC? For a time it was every single big card, and it may still be, I haven't checked of late.

Hard to say. Obviously it could be consignors or their friends shill bidding. But how many other sellers auction high end cards any more on ebay? An actual analysis would take more time than I care to spend, but it could be that we just notice it more on PWCC because we all watch his auctions. Or perhaps some of the guys who use that go big early strategy bid on his auctions but don't search eBay for others.

I have noticed cards on big AHs that hit record prices in the first couple of days, then don't get another bid until the final day, if at all.

[chislands18]

Agree. "Somehow" PWCC gets insane premiums for their auctions on ebay. One could pay a 10%+ premium for one of their cards vs another similar card in a different auction. This was one of my worries when I first saw the card listed with them and a reason for the post. I still think this card has no where but up and this may be one of the last cards we see in the $30K range....