Stephen Strasburg Baseball Card 1-1 $38,200

[allstarsplus]

This auction has become a joke but for those that still believe all bids are real, this card is getting plenty of publicity on the news.

Isn't all publicity good?

[allstarsplus]

OK this has turned into a complete joke. The card is now up to $999,500.

I guess this one has to be canceled. It was fun to watch, but it looks like the party's over.

The bid history has a lot of retracted bids. My guess is the winning bidder won't pay and will only get a non-paying strike.

Since eBay buyers can't get negatives, the seller should bring a lawsuit against the winning bidder for damages (which rarely happens).

http://offer.ebay.com/ws/eBayISAPI.d...m=200485213281

[TNTtoys]

The bid history has a lot of retracted bids. My guess is the winning bidder won't pay and will only get a non-paying strike.

Since eBay buyers can't get negatives, the seller should bring a lawsuit against the winning bidder for damages (which rarely happens).

http://offer.ebay.com/ws/eBayISAPI.d...m=200485213281

So...anyone know what the ebay final value fee is for a $999,900.00 item?

[Astros7]

So...anyone know what the ebay final value fee is for a $999,900.00 item?

If I did my math right...

12% of the first $50, $6
6% of the next $950, $57
2% of the final $999,000, $19,980

Total Final Value Fee on $1mil - $20,043.00

ouch!

[rj_lucas]

This is not a defense of spoof bidding, but when you list a $200 item with a Buy It Now price of $50K, you invite this kind of abuse.

And of course once the item gets any kind of media attention, you're sunk.

Rick
rickjlucas@gmail.com

[TNTtoys]

If I did my math right...

12% of the first $50, $6
6% of the next $950, $57
2% of the final $999,000, $19,980

Total Final Value Fee on $1mil - $20,043.00

ouch!

At least the listing fee would have been cheap

So... let's say hypothetically the item sells, but the high bidder does not pay. The seller's credit card gets hit for $20K, and he needs to go through the "non-paying bidder" process to recoop his fees.

Another thought is how many people have linked a credit card to ebay that has a limit of $20K or higher?

[skinsfan0521]

$50 is the final value fee. They implemented a new policy in like April or May where the FVF is capped at $50 I think.

Somebody can double-check, but I'm pretty sure that's the case.

[Astros7]

$50 is the final value fee. They implemented a new policy in like April or May where the FVF is capped at $50 I think.

Somebody can double-check, but I'm pretty sure that's the case.

skinsfan is right I just double-checked... They capped auctions at $50. The fee I posted earlier would be for a fixed price listing.

Here's an example of a final value fee calculation for an auction-style listing:

1. You sell an item for $100.00.
   
2. Your final value fee is 9% of the final sale price, which is $9.00.
   

The maximum final value fee for auction-style listings is $50. For example, if you sell an item for $1,000, you’ll pay only $50, even though 9% of $1,000 is $90.

[joelsabi]

Using rules as of 5/19/2010

Total eBay Fees: $ 20,0002.38
PayPal Fee: $ 28,971.30
Total Fees: $ 48,973.68

[joelsabi]

$50 is the final value fee. They implemented a new policy in like April or May where the FVF is capped at $50 I think.

Somebody can double-check, but I'm pretty sure that's the case.

i am surprise. $50 max
just dont pay using paypal.

http://pages.ebay.com/help/sell/fvf.html