Auction Houses-Going, Going..Gone?

[Archive]

Posted By: rand

at the end of the day, IMO, Ebay is the best result for a seller. # 1 reason, seller can set his own price at a BIN or Best Offer Sale. depending on the card the deal could happen within hours of the listing, if the seller wants a higher amount then he can afford to wait till the right amount comes along. if a major auction can take approx 100+ days to deliver payment from consignment origin, then that card can sit on ebay for 100 days. if the owner of the sgc 40 wagner had a better idea about ebay instead of phillip wiess auctions, he could have listed the card at $1,200,000 or best offer, then would have probably sold the card for $1 Million and made more money on it. the high buyers premiums are biting heavily into the price of the lots, not for the buyers, for the sellers.