Help me understand this auctioning strategy

Everything about Interesting Magic-related Auction Sites auctions, Auction Sites Problems, Inquiries and MTG Commercial Websites.

Moderators: cataclysm80, Apocalypse2K, berkumps, dragsamou, mystical_tutor, pp, hammr7, l0qii

Post Reply
User avatar
ende73
Legendary Righteous Phoenix Mage
Posts: 866
Joined: Fri Feb 06, 2004 3:17 pm
Location: Rome (Italy)

Help me understand this auctioning strategy

Post by ende73 » Mon Nov 15, 2010 11:03 pm

Maybe a bit off Topic, but I'm sure we all noticed this item:

http://cgi.ebay.com/Misprint-Miscut-Col ... 41544ee551

Its being relisted now for the third or fourth time with nobody bidding on it, and my question is:

Why the heck is the seller re-listing it at ever GROWING prices ?!

Am I missing something or is there some underlying revolutionary auctioning strategy I'm not aware of?

User avatar
Magic61983
Librarities Legend
Posts: 1085
Joined: Mon Dec 10, 2007 5:28 pm
Location: Willowdale, PA

Post by Magic61983 » Mon Nov 15, 2010 11:06 pm

I know it's a little silly but the seller really doesn't want to sell these but if someone is interested enough and comes along and buys them then he'll be really happy.
BGS 9+ Alpha set 282/295 (97.29%) Avg 9.41
BGS 9.5+ Beta set 283/302 (93.71%) Avg 9.58
BGS 9.5+ Arabian set 35/92 (38.04%) Avg 9.62
BGS 9.5+ Antiquities set 82/100 (82%) Avg 9.64
BGS 9.5+ Legends set 279/310 (90.00%) Avg 9.61

User avatar
i_set_fire
Librarities Hero
Posts: 117
Joined: Mon Oct 25, 2010 10:18 pm
Location: Milwaukee, WI

Post by i_set_fire » Tue Nov 16, 2010 12:55 am

I was wondering the same thing. I am pretty sure he actually had a bid the first time he listed it, but still relisted it somehow.

hammr7
Librarities Legend
Posts: 698
Joined: Wed Feb 11, 2004 11:29 pm
Location: Southern New Jersey

Post by hammr7 » Tue Nov 16, 2010 1:37 am

Another possibility is that if the price gets high enough, and then the seller lowers it again, someone might think it is a great price. Some price grabbers grab the asking price without checking to see if there were any bids. So potential buyers might see a price trending up. Since you can't see much history on completed auctions, potential buyers might not realize that the item hasn't ever sold.

User avatar
berkumps
Legendary AA Coffin Puppet Master
Posts: 2192
Joined: Fri Dec 08, 2006 1:56 am
Location: Ontario, Canada
Contact:

Post by berkumps » Tue Nov 16, 2010 1:57 am

There was a bid on this lot at least the 2nd time it was listed, but this was by a 0 feedback person, so likely someone that was screwing around. As for the strategy of ever-increasing pricing, it makes sense to the seller I suppose.

Gryfalia
Legendary Epic Store Owner
Posts: 631
Joined: Wed Aug 27, 2003 2:07 am
Location: Nowhere, IL

Post by Gryfalia » Tue Nov 16, 2010 5:31 am

I'm guessing the 'raise to higher and have people offer' is probably right.

I'm still trying to figure out the person listing lots and lots of promo foils from pre-releases and FNM for $99 each.

For example:

http://cgi.ebay.com/Mtg-Magic-Promo-Foi ... 2309bc770f

I mean, damn, I have literally dozens of these, I'll let them go for WAY less...

(yes, I mean dozens of the Overtakers...)
Owner, Gryfalia's Aerie
Bloomington, Illinois' only full-line Game Store
www.gryfaliasaerie.com

Alien_Starfighter_Pilot
Legendary Lost Ace of Atlantis
Posts: 992
Joined: Sat Aug 08, 2009 7:32 am
Location: Austin, Texas
Contact:

Post by Alien_Starfighter_Pilot » Tue Nov 16, 2010 5:44 am

I've purchased a few promos from kygamers before. the cards I purchased were at prices a little below SCG's, but I was disappointed in the condition of the cards I received (listed as NM/Mint, received VG/VF cards-corner damage). selling $2 promos at $100 is just odd....

anyways, LOL @ calling the summer swamp a mythic rare! That seller does say in the auction the price will go up as he adds cards to his miscut Type I deck, so maybe he's adding more and more cards each time.

User avatar
berkumps
Legendary AA Coffin Puppet Master
Posts: 2192
Joined: Fri Dec 08, 2006 1:56 am
Location: Ontario, Canada
Contact:

Post by berkumps » Tue Nov 16, 2010 4:24 pm

Gryfalia wrote: I'm still trying to figure out the person listing lots and lots of promo foils from pre-releases and FNM for $99 each.
Sometimes, and I can only speculate that this happened in this case, when a seller uses turbolister to upload a bunch of items, they fail to change the price in Turbolister when editing a batch of items that they've copied/pasted to save themselves time. I've had this problem before, however for me I failed to change the shipping prices for the items, and wanted $20+ to ship some singles. I then had to go back and re-edit everything. It's quite annoying.

Post Reply

Who is online

Users browsing this forum: No registered users and 4 guests