#286396
Tue Nov 22 2011 02:27 PM
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After reading a post on here earlier, it got me to thinking! Does anyone really use Ebay as a source for value? I don't believe a thing i see on there! Shill bidding...... same item sold more then once..... looks like it sold on ebay but sold later somewhere else. Please! I think if you use ebay as a source for value, you going to be sorry later! JMO
Rare pumps, Chevrolet items, Goldon Tip Gasoline, Marathon (running man) Cell # 1-502-396-3435 email lowright@aol.com
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Please - NO offers to Buy or Sell in this forum category
Statements such as, "I'm thinking about selling this." are considered an offer to sell.
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Lowright, where else do you go for a actual "sold" price? outdated price guides? local auctions? high dollar national auctions? swap meets? shows?
All of those have limits as well.
I'm not disagreeing with you on the shenanigans that occur on ebay-same item different day, hundreds or thousands of dollars difference in selling price, shill bidding, etc...
But where else are you going to find similar items or that one oddball item where you got no clue what its worth? Thats where a lot of people selling stuff get the value or ballpark value from or quote "it was selling on the internet for that"
Ebay is a good guide for common stuff and at least a ballpark for the more rare items.
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ebay is the best value guide if you keep an open mind and search plenty, problems arise when someone will find where a $50. item sold once for $150. and think that is the going value. Bet you 80-90% of ebay items sold are legit sales and Can be used as a true value as to what people are paying. Value Guides are Useless
"Remember, history that is forgotten is doomed to repeat itself!"
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I don't have all the answers!I was hoping someone else would! LOL... I just know Ebay would be my last stop. I had a globe offered to me that i know was fake and was then placed on ebay with bids of twice of the offered price. It looked like it sold but was later offered to me again for even less.
I think other smaller auctions would be a better source. I've seen to many things sell for ridiculous prices.(or look to sell)
Rare pumps, Chevrolet items, Goldon Tip Gasoline, Marathon (running man) Cell # 1-502-396-3435 email lowright@aol.com
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KZ, You may be right if you, can find more then one or two of the same item and through out the top sells and average the rest.
Rare pumps, Chevrolet items, Goldon Tip Gasoline, Marathon (running man) Cell # 1-502-396-3435 email lowright@aol.com
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that is correct, You have to compare multiple sales of the same item FROM different sellers to get a going value. That globe incident is a good example of what you have to be careful for and do research on
"Remember, history that is forgotten is doomed to repeat itself!"
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I would think most people value eBay as a price guide. How many times have you tried to negotiate a price at a swap meet to hear the seller tell you. I could get more on eBay??
see me at Mason Dixon Gas, Spring Carlisle M114-115, and Hershey C4E-35.
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I would think most people value eBay as a price guide. How many times have you tried to negotiate a price at a swap meet to hear the seller tell you. I could get more on eBay?? First , TOOOOOOOO Damn many ! Second , you got people on E-Bay that have trust funds and ain't got a clue as to what they're buying , only it's something they can speculate on . they buy what ever driving a price for a given item just to spite a stranger . Yep, go head , you use yer E- bay , but ya won't see me . Ed Shaver
see ya on the road folks !
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As long as you use some logic and common sense, eBay completed auction prices can be part of your research.
Interesting how many items don't sell for high starting bids or buy-it-now prices. If there isn't another factor at play, the no-sale tells you it's not worth what they're asking.
Games are played with high reserves, high buy-it-nows and shill bids to attempt to get a high value set in the market. But you need more than one reference to set a value. In live auctions and online auctions we see things go for way over their real value sometimes too. People get excited, are competing with somebody to prove a point or money doesn't mean as much as time to them.
Good pictures, good description, good seller feedback and right placement on eBay will usually get what an item is worth if there is no funny business. Not every time, but usually.
Jim "Oldgas" Potts Your host and moderator
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I do not feel eBay is a place to find a value.. Pay what you think is fair. If you have been in this hobby long enough and educated yourself YOU should know what to pay and know what is fair. Some of these prices on eBay are off the wall but at the end of the day if these are legitimate transactions someone is willing to pay these prices.
Last edited by 57tbirdkid; Tue Nov 22 2011 04:22 PM.
The most valuable commodity I know of is information-Wall Street
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The values on ebay work as an average I find. Remember that a collector in the east may pay more for a common item in the west. In Canada I am more willing to pay more money for an sign that I like than someone in Texas, as signs up here are fewer and competion can be high.
I think the trust fund comment goes for any auction. Same with swap meets, the whole purpose on going is to spend money. The big diffrence with e-bay is that thousands can watch you spend your money instead of just a couple of hundred.
Looking for Canadian Imperial and Canadian North Star. John Neilsen
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I think Jim nailed it. Look at the sold prices, but take them with a grain of salt. Unless a bunch of the same item is sold it is hard to get an accurate average price figured out. Example: I bought a Texaco banner on ebay a couple of weeks back for $106. Same style (graphics were exactly same) and condition was same sold for $274 the week before on ebay. So, if I were to resell the banner, should I ask/expect to get $274? $106 or $190 (average of the two)???? Still have to use some judgment...
Alex Looking for Texaco and Power Gasoline items
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I am always looking at ebay and other ways to figure out a ballpark price for items I have.In september I printed off the live auctioneers auction of the Schmidt coca cola museum items so I would have some idea of value buying and selling my coca cola items.
Remember you are only as good as your help If you don't make any noise no one will hear you!
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No one place is going to be able to tell you what the next guy is willing to pay. Because ebay is by far the easiest way to look up "sold" items, I'm sure that all the doubters will still take the less than 1 minute it requires to look the stuff up before they look any place else. Personally I would trust ebay over Mecum, BJ, Victorian Casino or any other large auction house.
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