Re: Auction House buyer turned Ebay seller in a month?
People are still trying to make a quick flip.
Truthfully, unless its an extremely desirable piece, there really is no sellers market anymore. Its been re-hashed over and over, but there is just so much available now in the marketplace that re-sell almost always never produces significantly more money
Auction House buyer turned Ebay seller in a month?
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Re: Auction House buyer turned Ebay seller in a month?
I have noticed this with the Chicago Bears jerseys as well.
NFL auction road Martellus Bennett was purchased for $910 is now sitting on eBay for over a year at $1,999
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Here's last Mears auctions Mark Carrier road jersey that ended up at $184 plus $20 in shipping on eBay this week...
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Both Devin Hesters on eBay right now are same. One was bought for $1,100 and is being flipped for $1,999 and the 2nd one came from an auction house where it was bought for about the same and is being flipped by the same owner as the first one for the same $1,999
Personally, I'm not sure there's any money left on the bone if you got it from an auction house but to each their own...Leave a comment:
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Re: Auction House buyer turned Ebay seller in a month?
They probably either bid their own items up by shill bidding or ends the auctions early if the bidding does not take the prices high enough then lists them again down the road. My guess any ways.Leave a comment:
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Auction House buyer turned Ebay seller in a month?
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.
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