A few times while perusing memorabilia on Ebay, I'll run into 99 cent no reserve auctions on items I've seen listed recently from other houses like Leland's, Grey Flannel, etc. It makes me curious why they re-enter the market so quickly after the seller established price discovery and offers it up with a low minimum bid.
Maybe I'm overthinking it, but is this common practice or raise red flags in the collecting community? I would think a flipper would EBay BIN higher than their hammer price.
Thanks
Maybe I'm overthinking it, but is this common practice or raise red flags in the collecting community? I would think a flipper would EBay BIN higher than their hammer price.
Thanks
Comment