What I'm noticing is that a lot of sellers on eBay are starting their items at a high starting price. I recall in the sports world this was not as much of an issue with new releases, but it may have been more with the particular player I collected.
There is a certain psychology that goes with bidding in an auction-style format. That said, I think the sellers are missing out. Example? I'm less likely to bid on a card with an opening bid of $49.99 than I am to set a snipe of $50 for a card currently at $15 or more. It's weird, but I do it time and time again.
I also think sellers need to do a better job researching what they think their cards are worth. Sketch cards values are determined by a plethora of factors:
- Popularity of character - Spider-Man will always sell better than Kraven
- Relative rareness of the artist - someone who sketches 300 cards will probably not go as high as a comparable card for an artist who turns in 100 cards
- Uniqueness of the sketch - do a quick search on "waterhouse sketch"
- Black & white vs color
- Level of detail - NAR
As a collector, I have a strong "gotta have it" mentality. So when I see cards relisted I wonder if some yahoo is going to happen across it and say "oooh, I want that" and win it. I have some remorse about not being able to get it myself, but then I think, hey, I had the same opportunity.
With all that said, I guess I have no point. Well, maybe one. I wish I were rich and $69.99 for a so-so sketch wouldn't be a bother.