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The Things On Ebay That Make You Scratch Your Head

 
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Author Previous TopicReplies: 11 / Views: 2,764Next Topic  
Pillar Of The Community
United States
6577 Posts
Posted 02/12/2012   6:21 pm  Show Profile Bookmark this topic Add stallzer to your friends list Get a Link to this Message
Like this. 2 Auctions 6 minutes apart from the same seller.

US Baby Blimp used

http://www.ebay.com/itm/38040784472....m1423.l2649

US Baby Blimp MNH

http://www.ebay.com/itm/17077553389....m1423.l2649

Why ?
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Pillar Of The Community
Canada
4635 Posts
Posted 02/12/2012   7:43 pm  Show Profile Bookmark this reply Add Bujutsu to your friends list  Get a Link to this Reply
Stallzer, I wish I had an answer.

I have seen similar antics go on in the different auction house.

I guess it is a matter if the people wanted used more than they did mint? Anyone's guess really.

I know that I was lucky to get my MNH one for $50.00!

Chimo

Bujutsu
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Pillar Of The Community
Canada
2574 Posts
Posted 02/12/2012   8:21 pm  Show Profile Bookmark this reply Add timbres667 to your friends list  Get a Link to this Reply
Stallzer
I think it's the nice slogan cancel that make it more desirable and increase the bids
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Pillar Of The Community
United States
6577 Posts
Posted 02/12/2012   9:29 pm  Show Profile Bookmark this reply Add stallzer to your friends list  Get a Link to this Reply
That slogan cancel for that time use is very common as I have no less then 10-15 covers with the same slogan. That's why I titled it "Things that make you scratch your head, we'll never know why an item that has a CV of &50 sells for $41.50, but one with a $100.00 CV sells for $30.00.
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Valued Member
United States
109 Posts
Posted 02/12/2012   10:33 pm  Show Profile Bookmark this reply Add Big Texx to your friends list  Get a Link to this Reply
I agree, make no sense. There were a few more bids on the used version. But not enough to convince me that the demand was higher. eBay is all about timing and who is looking at that time. If I had been watching the MNH version I would have bid it up more than what it went for.
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Valued Member
United States
495 Posts
Posted 02/13/2012   11:04 am  Show Profile Bookmark this reply Add joe1225us to your friends list  Get a Link to this Reply
I think this is what is called "inefficiencies of the market"!
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Pillar Of The Community
United States
2480 Posts
Posted 02/13/2012   12:54 pm  Show Profile Bookmark this reply Add tomiseksj to your friends list  Get a Link to this Reply
Perhaps it was the allure of Free Shipping.

But let's not forget that some collectors focus solely on mint stamps while some only collect used.

There may also be some added desireability in having a Century of Progress issue stamp with a Century of Progress cancellation.

If you look at the valuation by grade, the used VF C18 had a 2011 CV of $55 while the CV of the F MNH was $42.50 so both sold at about 70- to 75% of CV.
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Pillar Of The Community
United States
6577 Posts
Posted 02/13/2012   1:40 pm  Show Profile Bookmark this reply Add stallzer to your friends list  Get a Link to this Reply
Actually the Stamp was listed as VF and I don't see the grade being that much higher on the used one if any at all.

Here is a FDC with 3 C-18's that only fetched $55

http://www.ebay.com/itm/C18-Baby-Ze...em4160d6c862

Here is one with the same cancel on cover, a starting bid of $60.00 and not 1 bid was cast.

http://www.ebay.com/itm/SC-C-18-BAB...em35b9511f43
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Pillar Of The Community
United States
2887 Posts
Posted 02/13/2012   6:32 pm  Show Profile Bookmark this reply Add Rileysan to your friends list  Get a Link to this Reply

Quote:
eBay is all about timing and who is looking at that time.


That certainly has an impact!

In this case, the used stamp is VF but has uncommonly large margins and is really clean/bright (could be an image manipulation). I paid less for my MNH c18 than the final price of this used copy, but I find this one really appealing ...
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Pillar Of The Community
United States
6577 Posts
Posted 02/14/2012   08:18 am  Show Profile Bookmark this reply Add stallzer to your friends list  Get a Link to this Reply
Absolutely it is a nice copy. I paid $40 for my MNH c-18 with excellent centering and the other stamp in the topic has good centering also. Being as the auction were within 6 minutes of each other and from the same seller I would have thought with a $50.00 catalog value difference the MNH stamp would have done better than $30.00 as it is a nice piece.
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Valued Member
United States
109 Posts
Posted 02/14/2012   10:35 am  Show Profile Bookmark this reply Add Big Texx to your friends list  Get a Link to this Reply
Back to my timing quote. There may have just been more "used" collectors looking at that time versus "mnh" collectors.

I agree that the MNH version should have certainly gone higher and would have if I would have been looking at the time these were going down. Back to timing.

That being said I am in need of a decent mnh baby zepp at a decent price point. Anyone know where I can get my hands on one?
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Edited by Big Texx - 02/14/2012 10:36 am
Valued Member
United States
93 Posts
Posted 02/14/2012   12:12 pm  Show Profile Bookmark this reply Add Scanstamps to your friends list  Get a Link to this Reply
I'm speculating (somewhat backed up by the results of my own eBay sales) that mint-- even NH-- is slipping in the market, while used is getting stronger.

I'm also speculating that perhaps the underlying reason is that we see less and less mail, and thus fewer and fewer (current) used stamps... so the "idea" of a stamp that was actually USED to carry mail holds more appeal now, than when used stamps were everywhere. Just a theory.

~Peter
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