Hi, Everyone,
I notice that quite a few dealers out there are starting their auctions at
a 99 cent opening bid. I've always been apprehensive about this, especially
when you're dealing lower or mid-range material. You're leaving yourself
open for a poster that 10 or 15 years ago would have sold for $50 to $75 in
Movie Collector's World selling for $2.50 or even less! If a dealer who
doesn't
have the status & noteriety of Bruce lists, say 200 posters. each at a 99
cent opening bid---if you look at the realized prices, maybe 20 or 30 sell for
more than 10 bucks. Of course, if you're listing a "Frankenstein" title
card, you can easily start the bidding at 99 cents and it will take on a life
of
its own without any effort from the seller and zoom to great heights. But
on the lower level material, the eBay "fodder", if you don't have the
following that Bruce has--- I've found that most mid-range items that start at
99
cents more often than not sell for pennies on the dollar. Hey, I'd rather
re-list a poster 3 or 4 times and get my $19.99 (or $14.99) than start the
bidding
at 99 cents and sell a $40 one sheet or 1/2 sheet for $1.75!! Just wanted
to add my two cents. Thanks for listening.
Rick
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