Stephen Strasburg Baseball Card 1-1 $38,200

[TNTtoys]

Re: Stephen Strasburg Baseball Card 1-1 $38,200

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]

Re: Stephen Strasburg Baseball Card 1-1 $38,200

$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]

Re: Stephen Strasburg Baseball Card 1-1 $38,200

$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]

Re: Stephen Strasburg Baseball Card 1-1 $38,200

Using rules as of 5/19/2010

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

[joelsabi]

Re: Stephen Strasburg Baseball Card 1-1 $38,200

$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

[rj_lucas]

Re: Stephen Strasburg Baseball Card 1-1 $38,200

After crossing $500K, the auction has been restarted with an opening bid of .99 cents. From half a mil to less than a buck -- reminds me of the stock market

Rick
rickjlucas@gmail.com

[MSpecht]

Re: Stephen Strasburg Baseball Card 1-1 $38,200

Pretty amusing spin-off

http://cgi.ebay.com/2010-Bowman-Strasburg-Autograph-1-1-AUTO-BAT-Strasburg-/320553069108?cmd=ViewItem&pt=US_Baseball&hash=item4aa273aa34

Mike Jackitout7@aol.com

[justinbittner220]

Re: Stephen Strasburg Baseball Card 1-1 $38,200

Being an avid Ebay junkie... I think this guy had the card listed for a 50k buy it now and it didn't sell. Then, the card relisted, went to 500k. Then it disappeared. I have a feeling that either he doesn't really have this card, or more likely, he has friends that are bidding the card up trying to get that one sucker to outbid them at some ridiculous price.

On a side note, maybe the 2-2 start for Strasburg made the high bidder rethink the bid and back out

[joelsabi]

Re: Stephen Strasburg Baseball Card 1-1 $38,200

the sale is now going thru Huggins and Scott Auctions.

http://blogbeckett.wordpress.com/2010/06/30/signed-stephen-strasburg-11-baseball-card-heads-to-auction-house/

one of the benefits of going thru a large auction house is knowing that all who bid are serious. i guess the seller had enough with the fake biddings.