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View Full Version : Buying something to sell it immediatelly on e-bay


TMNTChris1980
10-29-2013, 11:49 AM
I was wondering what your thoughts are on people who buy stuff to then immediately sell it on e-bay.

Personally it really pisses me off. I've been trying to get a Dan Duncan sketch cover for a long time now. When the IDW limited SHotFC sketch covers came up I was psyched that I could finally get one. When I went to buy one, it was sold out. The worst part is now they're up on e-bay for more than 2x the price.

This is something I see with con sketches, etc. I understand selling it for a profit, but when you're selling something that you probably got for free, and at an insane price, you're a ___.

Discuss.

Sofistocat
10-29-2013, 12:50 PM
Super personal responses will prob be heated. I don't sell on ebay unless I have doubles, and I sell for cheap... I also look at it that the stuff I do sell sells quick because I don't overcharge and my auctions usually start at a dollar.

Personally I don't think highly of someone turning a profit on the backs of others. That said, I will never be a businessman/ sales rep, nor do I have the mind for it.. I don't think less of folks who try to turn the instant profit, just don't think much of them to begin with. Many artists have increased their rates due to his effect. Some artists charge more if the book is to be graded. One can make a really effective argument stating the "flipper" syndrome has noticeably, and negatively, affected the market.

Impersonally, I have paid more than FMV for some items because I really wanted them. I do acknowledge there is the demand to support flipping... Respecting it is what I'm having trouble with.

In the flipper's defense, This probably wouldn't happen so much if all the retailers, exhibitors, and distributors didn't flood the market with so much gimmicky crap. (see the list of "exclusives" carried at any large show) However, they still earn profits when something is purchased to be resold.

I sold something once that I turned a profit on, I gave half the profit to the artist the next time I saw them. They were kinda shell shocked... we are very good friends now

Considering we have evolved to a "me before you" society, are you really suprised to see this happen?

I too missed a Duncan cover, but am not beat up about it. You shouldn't be either...

Slime State Alumni
10-29-2013, 07:52 PM
Super personal responses will prob be heated. I don't sell on ebay unless I have doubles, and I sell for cheap... I also look at it that the stuff I do sell sells quick because I don't overcharge and my auctions usually start at a dollar.

Personally I don't think highly of someone turning a profit on the backs of others. That said, I will never be a businessman/ sales rep, nor do I have the mind for it.. I don't think less of folks who try to turn the instant profit, just don't think much of them to begin with. Many artists have increased their rates due to his effect. Some artists charge more if the book is to be graded. One can make a really effective argument stating the "flipper" syndrome has noticeably, and negatively, affected the market.

Impersonally, I have paid more than FMV for some items because I really wanted them. I do acknowledge there is the demand to support flipping... Respecting it is what I'm having trouble with.

In the flipper's defense, This probably wouldn't happen so much if all the retailers, exhibitors, and distributors didn't flood the market with so much gimmicky crap. (see the list of "exclusives" carried at any large show) However, they still earn profits when something is purchased to be resold.

I sold something once that I turned a profit on, I gave half the profit to the artist the next time I saw them. They were kinda shell shocked... we are very good friends now

Considering we have evolved to a "me before you" society, are you really suprised to see this happen?

I too missed a Duncan cover, but am not beat up about it. You shouldn't be either...

And that is how to be a solid collector - helping out those involved in the community. If only there were more people like this...

tmntgoldcoin
10-29-2013, 08:15 PM
I collect TMNT as much as the next person, but I have no problem buying on ebay so I can resell it for a profit. Cuts down on the cost of collecting.
I personally could care less if people disagree with this.

DJSoulPole
10-29-2013, 08:34 PM
Considering we have evolved to a "me before you" society, are you really suprised to see this happen?

Obviously no one with any respect for the TMNT/toy/comic community does this ridiculous flipping crap for huge profits. This conversation can only lead to discussions about capitalism, free markets, socialism, altruism, Ayn Rand, and all that other stupid BS. If you're just trying to make money, then you do nothing but harm our entire culture.

What I wonder about are people who just don't know the value of merchandise. I know a guy who ebays stuff he buys for peanuts at garage sales, auctions, etc. One example is that he'll look for Harley-Davidson tshirts and buy them for a buck, then sell them on ebay where people happily pay $20. Does that make him a bad guy? Is he inadvertently helping to jack up the prices of all Harley shirts on ebay?

People who flip art are just the lowest form of scum. These comic guys create purely for creation, expression, and to keep people happy while making a living. Buying a piece of art that some fan would treasure forever and selling it at double the cost on ebay should be punishable by death.

Danakin
10-29-2013, 08:37 PM
I'm not a fan, especially in this situation. I bought two Duncan covers in hopes of getting a Leo (my favorite) cover and struck out. What character is on this eBay issue? Of course it's Leo, and a kick ass one at that. I'm keeping my covers in hopes that I can trade for one from someone here but we'll see how that goes, so I feel your pain here.

The Fifth Turtle
10-29-2013, 08:39 PM
Buying a piece of art that some fan would treasure forever and selling it at double the cost on ebay should be punishable by death.

I am the law. :lol:

TMNTChris1980
10-29-2013, 08:54 PM
I have no problem with people who buy stuff at garage sales and then re-sell.

My problem is people who purchase limited edition stuff (like the Dan Duncan sketch covers) and sell it the next week. If you do that, you're ruining it for other people who actually wanted it for their collection.

Nameless
10-29-2013, 10:33 PM
ya its sucks but i can not fault someone for trying to make money.

JOEMOE
10-29-2013, 11:28 PM
I think it comes down to a service. If someone provides a service, and that service costs money, cool. But if they are just price gouging, then thats not gonna win any popularity contests but isn't illegal.

For example, "Hey joe, i know you have been after this figure for a while that is worth $150. I found one on eBay for $10 and would have linked it to you but it would have sold. Do you want to buy it for $150?" That would be an example of someone providing a service.

Opposed to, "Hey joe, I know you have been after this figure for a while that is worth $150. I found one on eBay for $130 and bought it, would you like to buy it for $180?". This seems like an example of price gouging.

In your case swooping the sketched cover, and then immediately selling it for twice the price seems like price gouging.

Shark_Blade
10-30-2013, 03:46 AM
I see no problem there since for people like me, who are waay overseas and can't attend events or early item releases in certain countries, these items are available online almost immediately.

They save me the time and energy to travel to get said items. So paying them a bit more for the trouble (within reason that is) is pretty much justified.

That's how I got my complete Lego TMNT and SDCC Chrome Shredder, which until today is still not being released here and the price online is crazy now compared to when I got them earlier. So win-win situation, I love this digital era. :D

Sofistocat
10-30-2013, 07:27 AM
ya its sucks but i can not fault someone for trying to make money.

I agree with this. I firmly believe in the "make money where money is to be made" philosophy. you're always gonna see people making money where you would choose not to...

And that is how to be a solid collector - helping out those involved in the community. If only there were more people like this...

Thanks man

Buying a piece of art that some fan would treasure forever and selling it at double the cost on ebay should be punishable by death.

My problem is people who purchase limited edition stuff (like the Dan Duncan sketch covers) and sell it the next week. If you do that, you're ruining it for other people who actually wanted it for their collection.

Alas, there are many reasons to avert from a free market. If it weren't for the free market, half of this stuff wouldn't be here. IDW did promote the sale alot and there was some contention about the times... Somebody is always gonna be left out, think the price thing is like adding salt to the personal wound.

I see no problem there since for people like me, who are waay overseas and can't attend events or early item releases in certain countries, these items are available online almost immediately.

They save me the time and energy to travel to get said items. So paying them a bit more for the trouble (within reason that is) is pretty much justified.

That's how I got my complete Lego TMNT and SDCC Chrome Shredder, which until today is still not being released here and the price online is crazy now compared to when I got them earlier. So win-win situation, I love this digital era. :D

Quoted this to show the other side of the argument. There is always gonna be someone willing to pay more than myself. Different strokes for different folks...

-------

This is all opinion. I get better results catching fly's with honey, not vinegar. I approach this whole thing with a "if I'm cool and genuine with the artist/company, they may remember me down the road" train of thought. There's always gonna be aggrevation with "one-of-a-kind" items. I try to just be cool with it and let karma sort it out... firm believer BTW

Plasticplayhouse
10-30-2013, 11:19 AM
i dislike when someone gets a free sketch and then immediately lists it on ebay for a large asking price. it's like, if you didn't really want the sketch then why the hell did you stand in line for two hours?! those people are in it for the wrong reasons.

sometimes people buy an item and find out shortly after that they need cash or just don't really care for the item as much as they thought they would, so they list it on ebay a few days later for a similar/slightly inflated price. those i find understandable.

i really dislike it when there are limited release items such as those idw sketch covers and those greedy assclowns buy multiples just to resell them the next day for double/triple the original costs! THOSE people are NOT providing a service to anyone but themselves. they are providing a disservice to others by buying items they don't want, just to resell to the same people who missed out on the sale because they weren’t any left.

if someone buys an additional item to use as trade fodder - i find that more acceptable too.

Sofistocat
10-30-2013, 12:20 PM
i dislike when someone gets a free sketch and then immediately lists it on ebay for a large asking price. it's like, if you didn't really want the sketch then why the hell did you stand in line for two hours?! those people are in it for the wrong reasons.

sometimes people buy an item and find out shortly after that they need cash or just don't really care for the item as much as they thought they would, so they list it on ebay a few days later for a similar/slightly inflated price. those i find understandable.

i really dislike it when there are limited release items such as those idw sketch covers and those greedy assclowns buy multiples just to resell them the next day for double/triple the original costs! THOSE people are NOT providing a service to anyone but themselves. they are providing a disservice to others by buying items they don't want, just to resell to the same people who missed out on the sale because they weren’t any left.

if someone buys an additional item to use as trade fodder - i find that more acceptable too.

I agree with every part of this...

Zachatello00
10-30-2013, 01:02 PM
What annoys me more is when something is short-packed and you've got people who will step out of their mom's basement and brave the sunlight to be at Toys R US when the store opens so they can get their hands on it before any one else and list it on ebay at twice the price.

"And that's what grinds me gears. Tom?"

Sofistocat
10-30-2013, 01:13 PM
What annoys me more is when something is short-packed and you've got people who will step out of their mom's basement and brave the sunlight to be at Toys R US when the store opens so they can get their hands on it before any one else and list it on ebay at twice the price.

"And that's what grinds me gears. Tom?"

Easy, easy... Basement's have feelings too. Valid point though

Sofistocat
10-30-2013, 01:43 PM
I would really like to hear views from the other side(flipper) of things. What is the motivation to buy something to knowingly put a higher price tag on it? Is there a point where you wouldn't consider yourself a fan, but more a reseller? One person has acknowledged this in the thread, and despite disagreeing with their reasoning, I can't conclude anything other than being selfish and having an appetite larger than your budget. It's not my intentions to rude, but I would really love to hear the truth behind why this gets done...

Zachatello00
10-30-2013, 01:45 PM
You know, even when I was posting that, I thought "This is harsh, not everyone who lives in a basement is a "bad" person."

I apologize if that offended anyone.

I used to work at a Toy Store, and I'd see this done quite a bit. There are a lot of people who have this... knowledge... I guess, would be the way to put it, about what's rare, and what's hot, and they aren't necessarily fans of that particular franchise or toy brand.

I see this a lot with Hot Wheels. People would come in and ask if they could buy an entire box of Hot Wheels of the truck. They would have stories ranging from "they're for my grandkids" to "I donate them to charities" but the real reason was that there were one or two in that box that made the purchase worth it, even if they threw the other cars away.

Their motivation: $
__________________

Discogod
10-30-2013, 03:24 PM
I would really like to hear views from the other side(flipper) of things.

Here's my story. Back in the early 00's, the Simpsons World Of Springfield line was in full swing, and early figures (such as Lisa, Moe & especially Smithers) commanded high prices on ebay. Then, the figures were reissued here in the UK from Wave 1 (the line was up to about Wave 10 or 11 by that point), and one local shop was selling them 3 for £10. I'd buy these figures by the dozen, selling them on ebay for £15-25 per figure (although I did hook a lot of fellow collectors up at cost). Eventually I worked out a deal with that store to just buy them by the case before they even hit the floor. At its peak, I was making maybe £400 a week profit.

In my defence, I was a collector myself (I started reselling to fund my own habit). I was at college at the time, going on to university the following year, and needed to pay for that. I was also only in it short-term - maybe 9 months altogether before it became too much of a hassle.

I've got no regrets about what I did - I saw a demand, and was able to fill it whilst lining my own pockets. It's not something I'd do these days, for several reasons, and I do tend to look down on those people who purely buy to resell these days.

MrPliggins
10-30-2013, 05:43 PM
I don't mind if a person gets something for below market value, then turns around and tries to sell it at market value (example, finding a loose Scratch at a flea market for a buck, then listing it at fair market value ($100?) on ebay). Heck, I've done this kind of thing myself. But inflating prices is a where I have a problem. However, most of the time it won't sell at the inflated prices anyway.

Dawnatello Turtle Chick
10-30-2013, 05:48 PM
I would really like to hear views from the other side(flipper) of things. What is the motivation to buy something to knowingly put a higher price tag on it? Is there a point where you wouldn't consider yourself a fan, but more a reseller?

I openly admit that I'm a reseller, I'm a picker, what-have-you. I'm no where near rich from it (closer to poverty if you're measuring, lol). But I feel that I do it for the right reasons. I worked retail for too many years and all I ever did was sleep, drive to work, work, drive home from work, repeat. It sucked, I finally decided that there had to be more to life than surviving.

I have always loved garage saling, my dad and I would go many weekends when I was a kid, it was the only way I could afford the name brand stuff, we were poor. :tcry: Now I love the challenge of finding an item at a garage sale (or flea market) that the person has "undervalued" and pay them what they are asking, then selling it to make money for my family.

I have people that consistently come to me to sell me their DVDs, their action figure collection, their video games, etc. because I pay them fair prices for their stuff. I treat them as I would like to be treated and I always tell everyone "A deal is only a good deal if it works for both of us. If you don't feel the offer is enough, that's fine, we're still friends" I always offer the top dollar I can offer.

I also sell things I personally like, I love talking to people that have similar interests as I do. Comic books, video games, 80s memorabilia, etc. This is why I don't try to sell jewelry or tupperware, etc. I'm not into it. For me it's about the relationships and the quality of the experience. I have people come buy video games from me versus some other booths at the flea markets I go to because I test all of them out before selling them and I'll talk video games with them. They know they won't get screwed and I am always willing to find a special game for them.

When I sell stuff on ebay I tend to ask for slightly above the middle ground as far as what stuff is selling for. I want it to sell so I can invest in something else and grow my money. But lest anyone think I'm just sitting on stacks of cash I stole out of the mouths of orphans :tlol: I do work very hard for my money. There is a lot of blood (sometimes), sweat (always) and (occasionally) tears that goes into it- i.e. I should have secured that load better, I didn't realize this would weigh 400 lbs, I wish I knew this antique was full of mold?!

I pick at garage sales, flea markets, estate sales/auctions and storage auctions. I see a lot of people start in this business thinking you get paydays like on TV.... you don't. Then I buy those people's leftovers after their reality sets in and they have a ton of "junk" and realize that there aren't any safes full of money sitting in their tubs off stuff. It is unfortunate, but if they would have done any research on this business before they started, they would have known what to expect. Sadly too many people just buy in to the shows and think that they are 100% reality and "results are typical" :tlol:. Fortunately for them, someone like me IS there to at least give them some money for their trouble (and get rid of the junk). I'm not even mentioning what those types of people are doing to the storage auction industry. I can't hardly buy a unit anymore- units that should go for $150, go for $300-$700. There's no profit left, only work and a slim chance that there is a hidden gem. So I do as I always tell others, if what you're doing isn't working, change.

When if comes to things I personally collect, that's when my my lines blur. I will pay much more for something- because I want it. If I buy a lot for something I want, I'll sell off my duplicates or the items I don't want to keep, but at very fair prices- just like anything else I sell. Sometimes I buy something and then a few months or years later I just don't feel personally connected to it, then I might consider selling it.

I also love how much of a community the Drome is, we really are all here to share our love of this hobby and we can give deals to each other. I honestly was quite pleasantly surprised just how good natured most everyone on here it. I quite like it! :tgrin:

OA
10-30-2013, 06:07 PM
The thing is, 99 out of 100 collectors at some point will sell something. The flipper that you are worried about has done it faster, but in the end we all flip. Only two type of collectors won't flip: those with endless funds and those who are truly in love with an item(s) that they can never sell it. Not many people fall into either category.

The problem that you all seem to have is that he made a profit. If the flipper sold at a loss would you be upset at him (i.e. if you tried to buy from IDW a $100 book, but it was sold out, and then later that night on ebay you buy one for $50 are you angry at the reseller?) If the potential for profit is the problem then you are simply upset that 1) an item was made available to a larger group of buyers and b) those buyers might be willing to spend more than you.

pannoni1
10-31-2013, 07:35 AM
Sounds exactly what the footballorangeguy likes to do. Avid eBayers master the tricks and look for sellers who don't have a good knowledge about toy prices, as well as buy at off-peak times (overnight/mornings/early afternoon Mon-Wed or seasonally such as summer). I mostly use this strategy by buying in bulk by keeping the new/improved items in my collection and then by selling the rest. Sometimes I resell as soon as I complete adding/inspecting my new items. But this year, I'm planning on selling my TMNT "extras" around mid-November as the holiday season heats up and demand increase. The big challenge to reselling is by factoring out the shipping/final value fees. For example, if you bought a lot of figures for $100, which cost $25 to ship, then in order to just break even from what you sold, you need to resell the item for $145, nearly 50% more than what you paid for the lot, so it does require some pretty thorough research and knowledge. One technology I would still like to have is mobile wi-fi that lets you check out eBay prices on the go so you know if you're getting a good deal.

One thing that I purchased that some feel were above market value were a few high school yearbooks featuring the photos of some of the original cartoons' voice actors along with reproduction copies of some episodes of the original cartoon, just because "I gotta have it". This is due to perceived low supply, as with other items that they feel if they have the "only one on eBay", the seller can feel free to gouge the price if there is little or no data to back up their value as sellers feel that they can only give away what they feel its worth, and would most likely go to "Clearance mode" if they literally need to clear space, which mostly involves larger items.

I Crave Pizza No More
10-31-2013, 06:12 PM
It's been a long time since I sold TMNT stuff on eBay, but when I did I always started the auctions at $.99. The final bids, I reasoned, were a reflection of fair market value. That said, I never bought TMNT stuff with the intention of immediately flipping it. I did flip a few extra things from SDCC that I decided I didn't want after all, but for the most part I stay out of the flipping game. That sort of thing is really ruining collecting Sideshow pieces for me. Sometimes the pieces sell out, not because people want them but because dealers horde them in hopes of cornering the market and inflating the prices. Unfortunately it often works.

TMNTChris1980
10-31-2013, 09:17 PM
Let me clarify, I understand people collect and years down the line sell it. I understand going to a con, picking up a figure or something, and selling it for a couple bucks more.

I have a problem with people selling free con sketches, for ridiculous prices. I believe I have a decent relationship with some TMNT artists. Through these relationships I've been able to purchase stuff, that I know for almost certain, I would not have been able to buy if I was a dude who just flipped stuff. I have stuff that I treasure, not just for the fact that I love the art, but I remember how grateful I was for them to pass it on to me.

The reason I started this thread is because, like a lot of you,I have a collection. One of my favorite parts of collecting, is getting sketch covers. The two sketches that I've been trying to get lately are a Santuloco, and a Duncan. When I saw the Duncan sketch covers I was so excited. When I didn't get it, I was bummed, but like many of you, when you see the items you wanted pop up here, you're psyched that it went to a good home, someone who will treasure it. When I saw the sketch cover on ebay less than a week later, I was pissed. I know that there are so many people on here who love Leo (he's my favorite too). When someone takes a gamble and buys 2, and doesn't get the Leo, I feel bad for them. Because someone out there who doesn't care got it. That sucks.

If this cover sold for $100, I guess that's reasonable, maybe they fell on hard times. But, I have a really hard time believing it.

Toadtrooper
11-01-2013, 12:03 PM
You can debate the perceived rightness or wrongness of any aspect of selling, but at the end of the day, if you pay taxes on what you've earned, who cares what other people think? It's your business, not theirs.

What? Your friends may not like you because of it? That's why people of different economic classes tend not to hang out with each other.


Same class:
Person A: I sold eight paintings for 100 pounds each today.
Person B: Cool. Congratulations. Let's go get lunch.

Different classes:
Person A: I sold eight paintings for 100 pounds each today.
Person C: What? The materials cost you like, what, a few quid? !@#$ing scalper. Go !@#$ yourself you money hungry !@#$face.


A slight exaggeration, but that's to illustrate the difference in the core mindsets. The Internet is where Person C gets together with other Person Cs to hate on Person A. Because haters gonna hate. :)

Slime State Alumni
11-04-2013, 01:33 AM
Let me clarify, I understand people collect and years down the line sell it. I understand going to a con, picking up a figure or something, and selling it for a couple bucks more.

I have a problem with people selling free con sketches, for ridiculous prices. I believe I have a decent relationship with some TMNT artists. Through these relationships I've been able to purchase stuff, that I know for almost certain, I would not have been able to buy if I was a dude who just flipped stuff. I have stuff that I treasure, not just for the fact that I love the art, but I remember how grateful I was for them to pass it on to me.

The reason I started this thread is because, like a lot of you,I have a collection. One of my favorite parts of collecting, is getting sketch covers. The two sketches that I've been trying to get lately are a Santuloco, and a Duncan. When I saw the Duncan sketch covers I was so excited. When I didn't get it, I was bummed, but like many of you, when you see the items you wanted pop up here, you're psyched that it went to a good home, someone who will treasure it. When I saw the sketch cover on ebay less than a week later, I was pissed. I know that there are so many people on here who love Leo (he's my favorite too). When someone takes a gamble and buys 2, and doesn't get the Leo, I feel bad for them. Because someone out there who doesn't care got it. That sucks.

If this cover sold for $100, I guess that's reasonable, maybe they fell on hard times. But, I have a really hard time believing it.

Yeah I totally get why that's upsetting. It's difficult to get a real grasp on intention on the part of whoever is doing the flipping. Some people do sell their stuff because bad luck can happen and they need cash. I totally get that. Then there's people that do it because that's their sole source of income. That's incredibly stupid on a multitude of levels for one, and it hurts the collecting community in the long run. But what can ya do, y'know?

In terms of toys, I have a love/hate relationship with scalpers. On one hand, they're able to get stuff I would otherwise not be able to get otherwise, either because they have a connect (usually the case) or they reside/operate in an area that has more available product due to low demand in the area. It's the people that avidly go from store to store with the sole intention of flipping them on ebay because of poorly perceived demand in the collector market that bother me the most. These people rarely do any research, hardly collect (if at all), and are simply trying to make a quick buck on something they think will sell. They should probably get a real job. Rule #1 in collector etiquette, regardless if they're a scalper or not - don't take a figure out of the hands of a kid who will actually enjoy it. Simple as that.

I don't have a problem in general with most vendors/dealers though because they primarily deal in stuff that isn't commercially available anymore. This involves more footwork, research, and networking - stuff a lot of casual collectors don't have the time to do.

Sofistocat
11-05-2013, 06:41 PM
Not to add salt to anybody's wound on this subject, but here is a prime example of what we are getting upset about. Ebay seller "lilmotto" should be ashamed of themself! There is no valid explanation aside from greed that would justify this pricing on the MANY items you bought from the sale!!!! Best of luck with those prices... stick to being a Brony

http://www.ebay.com/sch/lilmotto/m.html?item=151159617737&pt=US_Comic_Books&hash=item2331d0b8c9&rt=nc&_trksid=p2047675.l2562

Powder
11-05-2013, 07:23 PM
He's a member here, too. Total jerkoff. He exists only to scalp.

Sofistocat
11-05-2013, 07:55 PM
He's a member here, too. Total jerkoff. He exists only to scalp.

Havent been here long enough, so I keep blasting peeps to a min, not really my thing. But when you maxed out at the sale and post prices that high, you're just asking to be f***ed with.

Nonetheless, I think I made my point...

lango7
11-06-2013, 10:53 AM
Let me start by saying I am a collector. I have a medium sized collection of some diverse pieces. That being said I think a big part of collecting is buying, selling and trading. If some one wants to make money in the process there is nothing wrong with that and if does not make them any less of a fan or collector. As a seller, if I put the money down and do all the work to get a good deal why can't I make some extra money. When you factor in time, gas and effort I think it is reasonable to make some extra on the side. Recently I bought an incomplete loose NECA turtle for a repair job. I needed a leg pin for one of my loose turtles. I spent 29 dollars on the loose turtle. Had I found a loose pin for 10 bucks I would have bought it, because someone took the time to remove the part and then sell it. Currently the loose turtle is in pieces and I plan on selling off e pieces for parts b/c buyers may not want or need a whole turtle. I am providing a service and buyers have a choice to buy or pass. This brings me to my final point. If people are willing to pay a premium for a hard to find collectable, it is not the sellers fault. In the end you do not have to buy the toy.

Sofistocat
11-06-2013, 11:28 AM
As a seller, if I put the money down and do all the work to get a good deal why can't I make some extra money. When you factor in time, gas and effort I think it is reasonable to make some extra on the side.

Please define "some extra money" as it seems to be the point being argued. There was no gas or effort involved in the purchases from IDW, unless someone really wants to argue sitting in front of the PC hitting F5 is an effort.

If people are willing to pay a premium for a hard to find collectable, it is not the sellers fault. In the end you do not have to buy the toy.

I agree with your statement. However, pushing fans to pay inflated prices by reselling stuff that was originally bought at retail prices to begin with is the sellers fault. There's a reason why certain items aren't offered at wholesale pricing, in this case there was only a limited amount of books available. IDW did not offer this through Diamond dist. because of that fact. So yes we don't have to buy said books from resellers.

I respect your opinion that resellers are fans too. But I think alot of people who sell stuff at outrageous prices try to play it off like the industry is based on commodities(sketch covers, OA, "1 of a kind's"). It's not... Nobody cares about the individual commodity(single pork belly, single orange) the way they do about the art "1 of a kind's". The comic book industry is not, has never been, and will never be a true "investment" market, so we can stop with the attempts to characterize it as such to justify a small group of people trying to cash in on being facilitator's...

There has been comments of "investing" and "making my money grow", which is all fine and good. Keep that ish in the stock and bond market like everybody else. Buying at retail and inflating the price to meet your own personal agenda does nothing more than throw off the balance of the industry. This is not helping anybody but the seller...-

If you look at the history of comics, the last downfall in the early 90's was completely due to there being so much artificially inflated pricing and over speculated demand. Let's try to not have that happen again, because comics sucked after the bottom fell out.

909 Turtle Fan
11-06-2013, 11:29 AM
I did this last week. I bought an extra battle shell Leo from TRU, put it on eBay, 100 + views 10 + watchers and it sold for $12.99 Lol... I was hopeing it would sell for more, only so I could use any revenue to by more figures but it didn't work out that way. I passed on the OT dvd collection that came in the party van when it first came out and now ppl charge like $300 for it, that one pisses me off a bit. But if ppl are willing to pay high prices for certain items, I can't get to mad at the sellers cause they are just doing what most (not all!) ppl would do and that is to turn a profit.

Sofistocat
11-06-2013, 11:35 AM
But if ppl are willing to pay high prices for certain items, I can't get to mad at the sellers cause they are just doing what most (not all!) ppl would do and that is to turn a profit.

Nobody is willing to pay these prices, hence the origin of this thread... Selling a Duncan cover for 175.00 - 200.00 is the same thing as your turtle van DVD's for 300.00... we're just more than a "lil pissed"

I'll put it out there right now, if and when some idiot pays that much for a Duncan cover, I will delete all my posts and shut up. Until then I'm gonna stand my ground and say it's wrong

***First of Two Latin Kings***
11-06-2013, 12:18 PM
I don't mind if a person gets something for below market value, then turns around and tries to sell it at market value (example, finding a loose Scratch at a flea market for a buck, then listing it at fair market value ($100?) on ebay). Heck, I've done this kind of thing myself. But inflating prices is a where I have a problem. However, most of the time it won't sell at the inflated prices anyway.

You'd be surprised. I got a lot of 2007 figures on eBay that only cost me $50. I broke everything up and re-sold the figures for almost $200. That's rare though. And this is my sole source of income right now, so anyone who has a problem with me doing that (and hence being able to eat) is the REAL villain.

Dawnatello Turtle Chick
11-06-2013, 12:45 PM
I respect your opinion that resellers are fans too.

There has been comments of "investing" and "making my money grow", which is all fine and good. Keep that ish in the stock and bond market like everybody else. Buying at retail and inflating the price to meet your own personal agenda does nothing more than throw off the balance of the industry. This is not helping anybody but the seller...-



I'll take it this is directed at me since you are using my words. I have never inflated any price on anything, as I stated, I do my buy it nows just above the middle ground but by no means am I ever the highest priced listing. I have never purchased anything at retail just to immediately flip it. My buys are things that are no longer available in stores and when I list them I won't list them for a price higher than what I would pay if I wanted it as a collectible. All my customers are excited to get items that are hard to find. I will not apologize for this. It gives my family a little extra spending money, supports my collecting and that's about it. If I gross $18,000 my take home after expenses, taxes, etc looks more like $5,000-$6,000. I'm a pretty open book and it takes a lot to offend me, but I figured I need to clear the air here.

909 Turtle Fan
11-06-2013, 12:50 PM
Nobody is willing to pay these prices, hence the origin of this thread... Selling a Duncan cover for 175.00 - 200.00 is the same thing as your turtle van DVD's for 300.00... we're just more than a "lil pissed"

I'll put it out there right now, if and when some idiot pays that much for a Duncan cover, I will delete all my posts and shut up. Until then I'm gonna stand my ground and say it's wrong

the topic of the thread is your thoughts on ppl who buy "something" to immediately sell it on eBay, not whether or not you think someone is willing to pay a high amount for an item. how do you know if someone will pay that price? someone might. i only collect figures, so i don't know how much art goes for but the fact is the seller has over 1000+ ebay transactions so obviously someone is buying from him and the listing also has a best offer option. why should he list it for a lower price? to be a cool guy and hook someone up? that's not going to happen, maybe here at the buying/selling section. the fact is everything is expensive and most ppl are trying to make a profit on their auctions. you know what i think is wrong, is calling someone an idiot just cause they are willing to spend more on an item they want to buy with THEIR money than someone else.

Discogod
11-06-2013, 01:14 PM
I just entered the competition to win the new Casey figure. I hope I win, 'cause that thing will be going straight up on ebay. I'm thinking a starting price of $200...:lol:

Sofistocat
11-06-2013, 01:39 PM
I'll take it this is directed at me since you are using my words.

Nope, wasn't referring to anybody specifically, just para-phrasing. I think your explanations were concise and I have no qualms with it.

Dawnatello Turtle Chick
11-06-2013, 01:43 PM
Nope, wasn't referring to anybody specifically, just para-phrasing. I think your explanations were concise and I have no qualms with it.

I appreciate your response. I wasn't offended, just making sure I was understood.

MrPliggins
11-06-2013, 03:32 PM
There are also lots of people who list inflated prices for things they don't really want to sell. These people list things just to gauge interest, or draw attention to themselves, among other reasons.

Sofistocat
11-06-2013, 03:54 PM
There are also lots of people who list inflated prices for things they don't really want to sell. These people list things just to gauge interest, or draw attention to themselves, among other reasons.

Duly noted, though I think the topic of this thread is a bit more confined to those not posting auctions to gauge FMV or interest. But there is a very valid thought in what you wrote.

Storm Eagle
11-06-2013, 04:54 PM
I've sold things on eBay that I've gotten for free, but I try to price them reasonably.

Sofistocat
11-07-2013, 05:47 PM
Point in case: http://www.ebay.com/itm/IDW-TEENAGE-MUTANT-NINJA-TURTLES-21-OTTAWA-COMIC-CON-EXCLUSIVE-VARIANT-/131040767296?pt=US_Comic_Books&hash=item1e82a36d40

Slime State Alumni
11-07-2013, 11:52 PM
Point in case: http://www.ebay.com/itm/IDW-TEENAGE-MUTANT-NINJA-TURTLES-21-OTTAWA-COMIC-CON-EXCLUSIVE-VARIANT-/131040767296?pt=US_Comic_Books&hash=item1e82a36d40

If someone is that desperate and rich/careless with their money, then more power to'em. But no sane collector with a moderate budget would ever humor that price.