Dave

YOU clearly don't have ridiculous prices, and you are one of the sellers
whose items I look over regularly. But I was just on eBay and I DO see lots
of items that wouldn't auction for $15 with "Buy It Nows" of $100, and that
IS ridiculous.

I would think that Claude was surely not referring to you either.

As to consignment sellers selling items cheaply, that is why I try stick to
sellers who have thousands of items to sell, so that they can know that
their low sale prices are offset by the high prices.

I never said non-consignment sellers should sell items at cheap prices. I
was just saying that prices tens times retail seem to make little sense (and
in my earlier e-mail I said they were not what hurts eBay).

If there were 1,000 sellers just like you, eBay would be what it once was!

Bruce

On Sun, Jun 28, 2009 at 8:42 AM, Dave Rosen <[email protected]> wrote:

>  I'm not going to defend sellers who ask, as you say, "ridiculous" prices.
> But I will say that comparing them to Bruce or Heritage may be a bit
> apples-and-oranges.
>
> The sellers you refer to (though I don't know specifically who you're
> talking about) are retailers who purchase inventory, then offer it for sale.
> Thus their return has to cover the cost of the item plus overhead before
> they see one penny of profit. Bruce and Heritage are consignment
> sellers. They have overhead, certainly, but do not have cash invested
> directly in the items they sell.
>
> Thus, when they auction stuff off starting at 99-cents or a dollar (really
> $15 in Heritage's case) they are, in a sense, gambling with someone else's
> money, the people who consign their posters to them. There's absolutely
> nothing wrong with that, that's the nature of the business. That's just the
> way consignment works. It means they can start their auctions lower and take
> the risk that the lower starting price will attract more bidders.
>
> It works most of the time, but occasionally items do slip under the radar
> and sell at prices that are much lower than the average market price. Bruce
> and Heritage can afford to take that chance, particularly because they sell
> thousands of posters and are popular online "destinations" and have a client
> base in the thousands. Most other sellers are much smaller and can't
> affordto take that chance.
>
> The other comment I have to make is, if the prices truly are "ridiculous"
> then the items will not sell and the prices will come down. That's market
> economics, I don't have to explain that to you. So your choice is to buy
> somewhere else (if you can find what you want there) and/or wait till the
> price comes down.
>
> It's that simple.
>
> Dave
>
>  ----- Original Message -----
> *From:* Claude Litton <[email protected]>
> *To:* [email protected]
>  *Sent:* Sunday, June 28, 2009 8:55 AM
> *Subject:* [MOPO] ebay poster prices
>
>   **
> *I have been searching ebay almost daily since 1997.  My areas of search
> are US originals Pre-1940 through 1960.  I collect mainly posters in the
> upper price brackets.  In the last few years the amount of listings by too
> many sellers with ridiculous prices has proliferated to the point where the
> only thing certain is that not only don't they sell but more and more are
> joining the pack.*
> **
> *The prices are so high that you can't even make a serious offer because
> it will be so low that they will either ignore you or send you a snide
> retort.  My reaction has been to totally ignore these sellers but it has
> become a nuisance due to the number joining them.  There are some on mopo
> who do this but I am not referring to Todd who uses his million dollar
> posters to get people to look at his other posters for sale.  I am talking
> about those who price all their posters at ridiculous prices.  *
> **
> *I don't even look at ebay daily any longer but wait for Bruce and
> Heritage to offer what I want.  (This is a good opening for Bruce to
> comment.)  I am still trying to understand their motives.  Just look at a
> one sheet of "Three Sons", a poster sold by Bruce for $56 recently and
> priced at 10 times that on ebay.  Let's face reality - People who are going
> to spend $500 and up on a piece of paper will know their item, will research
> it and will be careful about their money.  $20 is an impulse purchase.  $500
> is not.  Can anyone explain these ridiculous sellers' motives?*
> **
> * CJL*
> **
>
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