BIDDING WAR on Ebay - Ty Cobb Tin

[thecatspajamas]

Personally, I think it looks like somebody who may have talked to several auction houses (he didn't say which ones, so there's no telling whether the estimates he was given were "good" or not), and decided to sell it himself because he didn't want to pay a percentage to the auction house. He's staked out a high-end price so that, in his mind, there's no risk for him. He's not taking into account all the detractors that have been listed that have nothing to do with the item itself and everything to do with how he presents it and himself. People just don't realize how much effort goes into presenting their items in a favorable manner, and how much of an effect that has on the final price. He hasn't used his eBay account in 10 years, the pics look to have been taken with an old camera phone, and the shipping charges may seem petty but go along with a mindset of milking it for all its worth.

My guess is, assuming the final bid doesn't reach his reserve, we'll be seeing this tin again at whatever auction house he talked to that has the lowest seller's commission (hopefully with better photos)

[barrysloate]

You know I thought this ended- I didn't realize it still has 8 days to go. And it already has 63 bids, with one bidder alone having bid 44 times. I guess he wants it.

[canjond]

Originally Posted by barrysloate

You know I thought this ended- I didn't realize it still has 8 days to go. And it already has 63 bids, with one bidder alone having bid 44 times. I guess he wants it.

Or doesn't really want to sell it!

[Brendan]

It looks like he canceled a lot of bids and now there are only 10 bids.

[thecatspajamas]

Three different buyers placed large bids and then retracted them saying they "entered the wrong amount," one of which is the current high bidder. Wonder if the zero-feedback bidder figured out what the reserve and/or high bid was with that "accidental" bid of $99,999.00?

[dallen]

Just thought I would shed some light on this.

I believe the tin is legitimate as I was provided higher resolution images and it is a really nice example. I had extensive discussions with the seller. I disagree that the market value of this is $15 to $20k. Although I agree that the fact we got close to $40k for one was an anomaly; I believe the current market value of one in this condition is $20 to $30k. I was suprised to see it listed on eBay and wont speak to the legitimacy of the bids.

Interesting since we sold one in February there have been (3) new examples. The one on Auction Kings which was in poor condition, this example and a new example we will feature in our November sale which is pretty nice.

All the best,
Doug

[RichardSimon]

Nice way to slip in an advertisement letting everyone know that Legendary will have one of these tins in their next auction.
Wonder how that will influence the bidding on ebay?
Was that the intent here?

[benjulmag]

Originally Posted by dallen

Just thought I would shed some light on this.

I believe the tin is legitimate as I was provided higher resolution images and it is a really nice example. I had extensive discussions with the seller. I disagree that the market value of this is $15 to $20k. Although I agree that the fact we got close to $40k for one was an anomaly; I believe the current market value of one in this condition is $20 to $30k. I was suprised to see it listed on eBay and wont speak to the legitimacy of the bids.

Interesting since we sold one in February there have been (3) new examples. The one on Auction Kings which was in poor condition, this example and a new example we will feature in our November sale which is pretty nice.

All the best,
Doug

Doug,

Could you explain what you mean when you say the one you sold for close to 40k was "an anomaly"?