Wednesday, October 1, 2008

New items on eBay

Rittenhouse's Batman Archives set was recently released. Now as a somewhat recent convert to non-sports (at least full time) I was eagerly anticipating this set. I have a healthy infatuation with anything Catwoman, so the sketch cards were a big draw for me (pun intended).

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
There are obviously others. For me, though, I am seeing opening bids for Catwoman sketch cards that are just ok starting at $69.99 or more. In a lot of cases they are ending unsold, which doesn't surprise me, but oftentimes they are relisted for the same price.

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.

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