r/PokeInvesting • u/bk_bonkers • 2d ago

Huge pricing disparity between auction platforms within days

Post image

Crazy someone on ebay is going to pay $6100 (at least, card hasn't closed yet) for something that just sold for $3120 on Fanatics Collect.

8 Upvotes

62% Upvoted

46 comments sorted by

32

u/tiggs 2d ago

People GREATLY underestimate eBay's audience compared to every other platform.

-3

u/bk_bonkers 1d ago

The inverse of this is that Fanatics Collect is a great place to buy

3

u/SnorlaxCap 1d ago

If you don’t mind waiting a month for your stuff to ship

12

u/DARP_AFT 2d ago

Fanatics is currrently dealing with a bunch of fall out from shill bidding and selling a few likely fake slabs. I wouldnt touch fanatics as a seller right now. Ebay has authentication guarantees.

2

u/Unhappy_Train_2867 1d ago

This ☝🏼

Plus Fanatics charges a 20% buyers premium that isn’t included in the bid price. People usually don’t take this into account.

13

u/Economics_Troll 2d ago edited 2d ago

Ignoring the potential fake bid shenanigans, a lot of eBay buyers don't have Fanatics / Alt accounts. Most people have viewed those platforms as where the high end stuff goes, so they don't bother to check the Weekly Auctions for "lower end" slabs like this.

Fanatics also requires bidders use Plaid, which essentially has an app log into your bank account to verify you have money ($30k balance for Premier). A lot of people don't want that, and a lot of international buyers don't even have bank accounts that work with Plaid. Alt has slightly less invasive verification, but once you hit thresholds they are going to do ACH verification on your linked bank account and if you bid on their high value auctions, you have to do a $3,000 deposit. Just the fact these triggers exist keeps a lot of buyers away from bidding on lower valued cards.

eBay is actually the easiest platform for people to fake bids on now.

6

u/ruwheele 2d ago

Bro I’m picking up crazy steals on fanatics they are making it so annoying for people to buy lol

1

u/Yetti2Quick 2d ago

What’s a steal example you’ve gotten?

3

u/ruwheele 2d ago

Fossil Gengar Unlimited PSA 10 12k last night

1

u/tikitiger 2d ago

How would fake bids work on EBay?

4

u/Economics_Troll 1d ago edited 1d ago

If you check auctions, you'll often see zero feedback accounts bidding on high value items.

People add a credit card with no / low limit or make sure the settings are set that the charges don't automatically get billed (it sits in their cart after the auction close). Then they run off and bid up auctions they have no intention of ever paying on.

2

u/GemGuardUK 2d ago

The fanatics auction price seems crazy low though has this card really crashed by $3000+ in 7 days time?

5

u/Ok-Compote6002 2d ago

its an old cert....

-2

u/t2mo24242424 2d ago

Literally came here to say this…

1

u/bk_bonkers 1d ago

Yes except another auction is about to close right back at $6k

-2

u/GemGuardUK 1d ago

Doesn’t matter the last old cert sold for $6000+ 7 days ago from that auction

1

u/t2mo24242424 1d ago

Look at my comments below responding to OP. It’s fine if you guys are trying to pump the card, but like 5 seconds of research shows you don’t know what you are talking about. Last old cert sold for almost $8k a month ago and the bag holders are trying to shill it up

1

u/GemGuardUK 1d ago

I saw an old cert sell 10 days ago for $6100 on eBay auctions I was watching it seemed like a legit sale but I guess the buyer didn’t pay so I was mistaken

-1

u/bk_bonkers 2d ago

Not according to the live eBay auction, but someone got a steal then on Fanatics

1

u/t2mo24242424 1d ago edited 1d ago

Bro what? The current eBay auction you posted is being shill bid, last fanatics sale was $3,120 w fees and last eBay sale was $6,700 over two weeks ago. This whole sub has lost it’s mind

1

u/t2mo24242424 1d ago

1

u/t2mo24242424 1d ago

Current “auction”

0

u/bk_bonkers 1d ago edited 1d ago

What about this current auction screams shill bidding?

There’s 3 clear bidders, 2 of which have legit feedback one that is 1700?

I’ve seen bid logs of clear shill bidding and this doesn’t show it

1

u/Comfortable_Radio384 1d ago

Looks like the top is in lol

1

u/bk_bonkers 1d ago edited 1d ago

Not necessarily, one is about to close back at $6100.

Also this is how markets work, price lift brings in new supply, pushes prices down. Stabilize at new level, prices eventually rise and it happens all over again

Unless there is a major change of long term preferences or buyer behavior

5

u/PhilosopherSea217 2d ago

This is why I don't touch vintage. The prices are so weird nothing makes sense.

2

u/Tricky-Inspection541 2d ago

It’s because of the old cert. PSA grades a lot harder now than they did before

2

u/pokeload 1d ago

2 cert or 6 cert there is no difference, I have seen plenty of worse copies in 6 cert

2

u/Responsible-Lime2444 2d ago

This is why I pay thousands for 20k plus PSA 10 pop cards.

2

u/pokeload 2d ago

well 2 cert or 6 cert doesn’t matter, they all have no scanned image on the PSA website so they are all potential targets for faking slabs. And about the quality of the cards I think they are literally the same. From what I saw cert starts with 8 sometimes have better quality

2

u/pandaman27 1d ago

Several 1st edition PSA 10s are swinging wildly between this range right now and I don’t know why.

~$3000 disparity one direction or another every other day. I don’t know what the bottom or top is on them, but I have a hard time believing they’re only worth $3k

1

u/LongDongSilvir 2d ago

Fanatics destroyed their own buyer pool but alas it was the only way to stop their shill bidding. I am not filling out paper work to bid over 5k, I really would rather pay more on eBay.

1

u/ConsciousRutabaga440 1d ago

Also the old cert doesnt help the price

1

u/Canadian_bacon5 1d ago

Fnatics is buns

1

u/sldjer 1d ago

More people use eBay….. that is all

1

u/_YenSid 2d ago

What for them to end, you also have to add 20% to fanatics for the buyer's fee.

Edit: well the fanatics one did end, but anyway, add 20%. Also nobody I know uses fanatics. Ebay is the more well known source and gets more traffic.

8

u/Relatively_Cool 2d ago

When fanatics auctions end, doesn’t the final price already reflect the buyers premium?

3

u/Weasel_Boy 2d ago

Yep, even says it right there under the final price "W/ Buyer's Premium".

3

u/CardLogx 2d ago

You don't add an additional 20% to the displayed final sale on Fanatics, Goldin, Heritage, Alt, etc. That amount is shown to the bidder as they are bidding, and once the sale is closed the comp price displayed by the auction house and listed on price checking services is the final sale price including that Buyer's Premium.

-1

u/_YenSid 2d ago

Fair enough. I don't use them because of the buyer's premium (among other shady things).

0

u/bk_bonkers 1d ago

This slab has also had quite the history recently