The $1,300 bath - can someone explain this?

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Posted By: Anonymous

I've seen where the auction house gets less than Ebay for a unique rarity, example being a 1888 Hall's Cincinnati Reds Imperial Cabinet selling for $1700 less on Lipset's auction after it was sold on Ebay. More likely scenario's what you just showed. Rather extreme bath, though, seller should had opened at least $999, not $9.99.

General rule: Ebay will get less on true rarities, as an auction house gets the last bid, ebay closes at a certain time. I lost an auction on a 1 of kind 19th century rare card last night, I might have put in a higher bid as my snipe bid was outsniped. I'd be able to do that with an auction house, get carried away and overpay, or the other guy overpay with a bidding war.