Sad State of the Hobby

GaryPassamonte · #1 02-02-2021, 04:45 AM

Quote:

Originally Posted by ASF123

I think this is a different situation than an anonymous eBay transaction between strangers, though. Right?

I don't really believe so. I may be old fashioned, but I don't think it's right to take advantage of anyone.

ASF123 · #2 02-02-2021, 09:35 AM

Quote:

Originally Posted by GaryPassamonte

I don't really believe so. I may be old fashioned, but I don't think it's right to take advantage of anyone.

So let's say I'm browsing around eBay one night, and I come across a card that I think has a market value of, say, $500 offered for $250 BIN. Your position is that, instead of just clicking BIN, I have a moral obligation to contact the seller and offer $500?

By the time the seller gets back to me, it's entirely possible (even likely) that someone else has gone ahead with the BIN. If the seller then cancels that transaction based on my offer, doesn't that make me similar to the person Ted describes in the post above? He would seem to have a viable claim for tortious interference there.

GaryPassamonte · #3 02-02-2021, 12:31 PM

Quote:

Originally Posted by ASF123

So let's say I'm browsing around eBay one night, and I come across a card that I think has a market value of, say, $500 offered for $250 BIN. Your position is that, instead of just clicking BIN, I have a moral obligation to contact the seller and offer $500?

By the time the seller gets back to me, it's entirely possible (even likely) that someone else has gone ahead with the BIN. If the seller then cancels that transaction based on my offer, doesn't that make me similar to the person Ted describes in the post above? He would seem to have a viable claim for tortious interference there.

Paying 50% of the value of a card for resale is reasonable. I'm talking about transactions that are obviously unfair to one party or the other. I know when a transaction is wrong by my sense of right and wrong. What any other party to the transaction does is not relevant to what I do. Others may disagree in this world of gray, but I live in a black and white world.

ASF123 · #4 02-02-2021, 01:00 PM

Quote:

Originally Posted by GaryPassamonte

Paying 50% of the value of a card for resale is reasonable. I'm talking about transactions that are obviously unfair to one party or the other. I know when a transaction is wrong by my sense of right and wrong. What any other party to the transaction does is not relevant to what I do. Others may disagree in this world of gray, but I live in a black and white world.

If paying 50% of the value is reasonable, but some unspecified lesser percentage than that is wrong, that sounds a lot like a gray area to me

.

GaryPassamonte · #5 02-02-2021, 01:32 PM

Quote:

Originally Posted by ASF123

If paying 50% of the value is reasonable, but some unspecified lesser percentage than that is wrong, that sounds a lot like a gray area to me

.

I'm not here to parse hairs. I know what I feel comfortable with. If others feel comfortable doing something else that is up to them.

Tyruscobb · #6 02-02-2021, 01:08 PM

Quote:

Originally Posted by GaryPassamonte

Paying 50% of the value of a card for resale is reasonable. I'm talking about transactions that are obviously unfair to one party or the other. I know when a transaction is wrong by my sense of right and wrong. What any other party to the transaction does is not relevant to what I do. Others may disagree in this world of gray, but I live in a black and white world.

You stated that "Paying 50% of the value of a card for resale is reasonable." However, wouldn't it depend on the card's value?

In the cited example, the card's market value was $500.00, and its buy-it-now prices was $250.00. Just $250.00 difference. No big deal.

However, would your answer and you 50% is reasonable rule change, if the card's market value was $100,000.00, and its buy-it-now price was $50,000.00? A $50,000.00 difference. That is a big deal.

Everything is relative.

GaryPassamonte · #7 02-02-2021, 01:35 PM

Quote:

Originally Posted by Tyruscobb

You stated that "Paying 50% of the value of a card for resale is reasonable." However, wouldn't it depend on the card's value?

In the cited example, the card's market value was $500.00, and its buy-it-now prices was $250.00. Just $250.00 difference. No big deal.

However, would your answer and you 50% is reasonable rule change, if the card's market value was $100,000.00, and its buy-it-now price was $50,000.00? A $50,000.00 difference. That is a big deal.

Everything is relative.

See my previous post. We could go on and on with individual cases. I'm not going to litigate every case. Like I said, I know where I feel comfortable and where I don't. I guess we all can have our own tipping points.

Snapolit1 · #8 02-02-2021, 01:42 PM

The silliest thing about all of this is it was posted as some sort of referendum on the state of hobby broadly, but then the OP's investigatory skills quickly uncovered that the dude hardly sells at all.

As far as some moral obligation to tell someone they priced something badly, well that is relative and probably the old case by case basis kind of thing. But if you go down to Florida and are going to buy some widow or widower's condo for $75,000, and you know full well from from searching Zillow that its worth at least $200,000 fair market value, and then a family member catches wind of what's going on and rips the contract up and tells you to stick it where the sun doesn't shine, . . . well, I'm certainly am not pulling my violin out and letting you cry on my shoulder about the sad state of the real estate game.

rats60 · #9 02-02-2021, 02:20 PM

This makes me wonder about the guy who sold his Jordan RC on eBay for 350k the day before 2 sold at Goldin for 738k each.

samosa4u · #10 02-02-2021, 02:24 PM

Quote:

Originally Posted by Snapolit1

The silliest thing about all of this is it was posted as some sort of referendum on the state of hobby broadly, but then the OP's investigatory skills quickly uncovered that the dude hardly sells at all.

As far as some moral obligation to tell someone they priced something badly, well that is relative and probably the old case by case basis kind of thing. But if you go down to Florida and are going to buy some widow or widower's condo for $75,000, and you know full well from from searching Zillow that its worth at least $200,000 fair market value, and then a family member catches wind of what's going on and rips the contract up and tells you to stick it where the sun doesn't shine, . . . well, I'm certainly am not pulling my violin out and letting you cry on my shoulder about the sad state of the real estate game.

If you go back and read my first post, you will see that I wrote the following:

These cards were in great condition and if they had graded high, then I would have doubled my money - maybe tripled.

That's right - IF they had graded high. The star cards in the set could have come back as PSA 6s or even less. If PSA sees the tiniest corner ding, then they can really screw you hard. There is only so much I can see behind my computer screen. I don't even know how much profit I could have made in the end. The point of this thread was that I felt screwed after what he did, especially over $1,200 USD. I've sold so many cards this month, and he if wanted more money, then all he had to do was ask. He should have given me that option because I already bought them! He's an idiot.

And there is something else I want to mention: why does Leon tell everyone to post their names on here? Is that creepy to any of you? Did it creep you out when he put our names below our avatars without even consulting with us first? Not at all! We all need to know who is on the other end - simple as that! Who is this guy that I'm dealing with? Who am I buying from? Who am I communicating with? Are you guys telling me that you've never looked people up before on social media? If so, then you're full of it!

Gorditadogg · #11 02-02-2021, 05:03 PM

Quote:

Originally Posted by GaryPassamonte

See my previous post. We could go on and on with individual cases. I'm not going to litigate every case. Like I said, I know where I feel comfortable and where I don't. I guess we all can have our own tipping points.

. . . . he says to the lawyer.

I am with you though. It is hard to say exactly where the line is in terms of making a fair deal vs being predatory. I think the OP is in the clear here, there is not much you can do on an ebay transaction, if an item is priced too low, somebody is going to snatch it, so if you are the lucky one, so be it.

To me though if there is a sad state of the hobby it is that most people see the OP as a victim here. I don't get the moral indignation. The buyer was hoping to grade and flip the cards and make a windfall profit, but the seller got educated and reneged.

OP didn't do anything to earn that profit, so he is not out anything. It is a shame from his standpoint that he didn't get free money but for chrissake move on.

ullmandds · #12 02-02-2021, 05:21 PM

I think things like this are happening more and more these days.

-Ebay sellers cancelling sales because the price of their item changed in value from yesterday to today.

-ebay sellers cancelling sales because they weren't happy with the sales price

I had an experience on the BST here a year or two ago where I accidentally sold a rare card for way less than it was worth. The buyer offered to give me more...I declined. It was my mistake and I accepted responsibility for it.

This year around the holidays...said buyer gifted me a card I've been hunting for for years. I was/am so happy!

I believe in karma. I believe in being responsible for my actions.

The world has become a different place where many/most are just out for themselves. This is sad.

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