flyhighguys94

The Current Situation of the Secondary Market

229 posts in this topic

4 hours ago, Dr_Puck said:

We all know the market really sucks. However, having listed a bunch of jerseys in the last month I am definitely seeing authentics being devalued at a greater loss than gamers. At least with some gamers I can get close to what I've paid. However, the authentics and blank GIs that I've customied have been getting no movement close to what I paid for them. 

 

4 hours ago, Dr_Puck said:

Yeah, NHL teams, and particularly older ones. I sold a CCM Wild authentic that was customized for only $100 after it sat a while. I finally pulled another customized CCM after I just couldn't get any reasonable offers. Even the newer stuff isn't going for much.

Gamers on the other hand, it's not that drastic percentage-wise. 

 

Unless you buy game worn Rangers jerseys from Steiner

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12 hours ago, CJ Matthews said:

 

 

Unless you buy game worn Rangers jerseys from Steiner

Or a Blues from Fanatics

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Everything thing seems down right now.  AuthenticJerseys on eBay sold a bunch of jerseys last night.  I was looking at all the Hawks customized jersey and none of them sold for over $200.  I didn't buy any as did really need that style, but it is just how things are right now.  Now if only they had this year's Winter Class jerseys for that price.

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2 hours ago, spudrock512 said:

Everything thing seems down right now.  AuthenticJerseys on eBay sold a bunch of jerseys last night.  I was looking at all the Hawks customized jersey and none of them sold for over $200.  I didn't buy any as did really need that style, but it is just how things are right now.  Now if only they had this year's Winter Class jerseys for that price.

His auctions and blank jersey sales helped me fill a few holes in my collection. Most of the buy it now pricing was $175 for the Blackhawks stuff. He could fetch much more for these but appears to be dumping stock in a hurry. 

I have already seen the US retailers slashing the prices for Indio jerseys. Perhaps we are seeing the start of the Canadian retailers dumping their remaining stock? Baron penny auctions would pretty fun. 

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11 minutes ago, Committed said:

Baron penny auctions would pretty fun. 

Holy smokes.  That might ruin me.

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Same thing that happened to replicas are happening to authentics.  Only this time the market is not that large to begin with and it is not getting any bigger as most fans would rather go the knockoff route than get an authentic.  When we sell authentics, it is most likely targeting jersey snobs like us who now have a couple of avenues to get our authentics.

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1 hour ago, Devilsguy said:

Same thing that happened to replicas are happening to authentics.  Only this time the market is not that large to begin with and it is not getting any bigger as most fans would rather go the knockoff route than get an authentic.  When we sell authentics, it is most likely targeting jersey snobs like us who now have a couple of avenues to get our authentics.

Correct. I just listed a bunch of authentics, and I already know there's about 10-15 people that might be interested in them at the prices I have set. I can name most of them by name. 

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10 minutes ago, mfitz804 said:

Correct. I just listed a bunch of authentics, and I already know there's about 10-15 people that might be interested in them at the prices I have set. I can name most of them by name. 

At first scan I thought, "10-15 people interested already?  That's fantastic!"

 

oh, now it get it...

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1 hour ago, furiousd said:

At first scan I thought, "10-15 people interested already?  That's fantastic!"

 

oh, now it get it...

Exactly. "Might" was the operative word. 

FYI you made that list. 

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I posted a Devils gamer on eBay last week starting at $9.99 but with a reserve (it was in the $200-300 range).  Ended at just a little over $150 so it didn't sell.  Funny thing is with the exception of one bidder, the other bidders were the same exact ones who bid on my stuff every time when I use the same low price / reserve tactic and then drop off as soon as it gets into the $150-200 range.  Looking at all the bidders history I can see that they are all known flip artists.

Basically that is largely the state of the secondary market now that I have personally observed.  You either have flip artists waiting for rock bottom prices and the general public who watch Rick Harrison of Pawn stars screw over sellers too many times and think they can do that to me.

It's discouraging for sure.

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For what it's worth, if you sell something in a pawn shop, you're asking to be screwed. 

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4 hours ago, Devilsguy said:

I posted a Devils gamer on eBay last week starting at $9.99 but with a reserve (it was in the $200-300 range).  Ended at just a little over $150 so it didn't sell.  Funny thing is with the exception of one bidder, the other bidders were the same exact ones who bid on my stuff every time when I use the same low price / reserve tactic and then drop off as soon as it gets into the $150-200 range.  Looking at all the bidders history I can see that they are all known flip artists.

Basically that is largely the state of the secondary market now that I have personally observed.  You either have flip artists waiting for rock bottom prices and the general public who watch Rick Harrison of Pawn stars screw over sellers too many times and think they can do that to me.

It's discouraging for sure.

I've noticed this as the biggest issue on my 7 day $0.99 auctions. I don't mind it at all cause if I put it out there in an auction like that and they want to win it and relist it for $450 obo for 14 months then be my guest. I certainly noticed a trend of them bidding though. I forget which user it is, I should go back and look but he bids on ever single auction I list for like $4.70 or something. The same price every time. I never really noticed it until I started looking at the bidding history. I had a good laugh. Unless I am missing something and it's a good tactic?

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9 hours ago, flyhighguys94 said:

I've noticed this as the biggest issue on my 7 day $0.99 auctions. I don't mind it at all cause if I put it out there in an auction like that and they want to win it and relist it for $450 obo for 14 months then be my guest. I certainly noticed a trend of them bidding though. I forget which user it is, I should go back and look but he bids on ever single auction I list for like $4.70 or something. The same price every time. I never really noticed it until I started looking at the bidding history. I had a good laugh. Unless I am missing something and it's a good tactic?

I don't mind people flipping my stuff after they buy it from me if I sell it at a price I am comfortable with.  I just mentioned it as that is probably why they are bidding and why they stop after a certain price as it makes no sense for them to go higher.

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13 hours ago, mfitz804 said:

For what it's worth, if you sell something in a pawn shop, you're asking to be screwed. 

Very true.  However everyone now thinks they are Rick Harrison and they treat eBay and FB as their personal pawn shop and try to bend people over to get every possible last dime in savings.  Funny thing is there is a story out there (and was repeated on a recent game worn radio show) about how someone once visited that Pawn shop in Vegas that Rick runs and they had a framed jersey for sale that they said was game worn when it obviously wasn't.  Guy pointed it out to them and they told him to leave lol.

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13 minutes ago, Devilsguy said:

Very true.  However everyone now thinks they are Rick Harrison and they treat eBay and FB as their personal pawn shop and try to bend people over to get every possible last dime in savings.  Funny thing is there is a story out there (and was repeated on a recent game worn radio show) about how someone once visited that Pawn shop in Vegas that Rick runs and they had a framed jersey for sale that they said was game worn when it obviously wasn't.  Guy pointed it out to them and they told him to leave lol.

I had something similar happen to me when I went to a bar in NYC. The guy had a "Game Worn Ray Bourque" Bruins Pooh Bear jersey hanging up. Not only was it not game worn, it wasn't even an authentic, it was a replica. I pointed it out, and the owner yelled at me to leave.

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11 minutes ago, Devilsguy said:

Very true.  However everyone now thinks they are Rick Harrison and they treat eBay and FB as their personal pawn shop and try to bend people over to get every possible last dime in savings.  Funny thing is there is a story out there (and was repeated on a recent game worn radio show) about how someone once visited that Pawn shop in Vegas that Rick runs and they had a framed jersey for sale that they said was game worn when it obviously wasn't.  Guy pointed it out to them and they told him to leave lol.

They don't know any better, that's why on the show the answer is always "I know a little about ____, but I'd like to call a buddy of mine who knows everything there is to know about ____ to come check it out". 

My wife always makes fun of him. Guy comes in to sell an antique prosthetic leg from the 1800's, and without fail, Rick has a buddy who knows everything there is to know about antique prosthetic legs from the 1800's. 

As far as eBay goes, I don't begrudge the bargain hunters, because there are a ton of eBay sellers who post stuff just to get rid of it, and there are bargains to be had. They don't know which type of seller you are going in. 

Of course, there comes a point when after trying to score deals on 50-100 of your items, and never having been successful, that they should have figured it out. But it doesn't bother me, you're putting your item out there, those kinds of buyers are always gonna try. All you need to do is delete their message. 

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1 minute ago, CJ Matthews said:

I had something similar happen to me when I went to a bar in NYC. The guy had a "Game Worn Ray Bourque" Bruins Pooh Bear jersey hanging up. Not only was it not game worn, it wasn't even an authentic, it was a replica. I pointed it out, and the owner yelled at me to leave.

That's funny. Getting thrown out of the pawn shop is one thing, talking bad about their items can affect business. Getting thrown out of a bar for criticizing their decorations is something different. 

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54 minutes ago, mfitz804 said:

They don't know any better, that's why on the show the answer is always "I know a little about ____, but I'd like to call a buddy of mine who knows everything there is to know about ____ to come check it out". 

My wife always makes fun of him. Guy comes in to sell an antique prosthetic leg from the 1800's, and without fail, Rick has a buddy who knows everything there is to know about antique prosthetic legs from the 1800's. 

As far as eBay goes, I don't begrudge the bargain hunters, because there are a ton of eBay sellers who post stuff just to get rid of it, and there are bargains to be had. They don't know which type of seller you are going in. 

Of course, there comes a point when after trying to score deals on 50-100 of your items, and never having been successful, that they should have figured it out. But it doesn't bother me, you're putting your item out there, those kinds of buyers are always gonna try. All you need to do is delete their message. 

I think the part that annoys me most is that if I put the same shirt that didn't sell at a low starting bid price but with a reserve on again as a BIN with a best offer, none of them reach out an offer me anything.  I am not mad really directly at them, but the fact that eBay is turning more and more into a flea market instead of an auction site and the only interest I get are from those looking for dirt cheap deals and not from those looking for at least a fair price.

I also had the reserve price at an amount that was lower than what I paid for the jersey less than a year ago by about 15%.  I don't think my price is really out of line just a soft market dominated by trash heap hunters.

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1 hour ago, CJ Matthews said:

I had something similar happen to me when I went to a bar in NYC. The guy had a "Game Worn Ray Bourque" Bruins Pooh Bear jersey hanging up. Not only was it not game worn, it wasn't even an authentic, it was a replica. I pointed it out, and the owner yelled at me to leave.

I have seen instances before of listings on eBay where someone is selling a "game worn" jersey only to find out after asking questions that it was worn by the seller in his rec league.

Surprised what you saw was even a legit replica.  Usually the jerseys I seen hanging at sports bars such as Buffalo Wild Wings are knockoffs.

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The bar I'm talking about is a well known bar in NYC that has a lot of sports memorabilia including hundreds of signed baseballs. If you're from this area you'll know what bar I'm talking about. Either way, the owner said he got the jersey from Ray Bourque himself, and was offended when I pointed out all the reasons that it wasn't actually game worn. He did however, happen to have a legit game worn Roszival Pens jersey from the Japan games in the back of the place.

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4 minutes ago, CJ Matthews said:

The bar I'm talking about is a well known bar in NYC that has a lot of sports memorabilia including hundreds of signed baseballs. If you're from this area you'll know what bar I'm talking about. Either way, the owner said he got the jersey from Ray Bourque himself, and was offended when I pointed out all the reasons that it wasn't actually game worn. He did however, happen to have a legit game worn Roszival Pens jersey from the Japan games in the back of the place.

Haha either he is lying (player gave it to me is a common story) or an idiot if he thinks a replica with probably no wear at all was worn by him in that game.  I have heard many times of people who get jerseys from players thinking that because it came from the player that it was game worn and not some replica they found sitting around to give to a player.

I also think I know which bar you are talking about.

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It honestly wouldn't surprise me if Ray gave it to him, considering all of the players and former players who come in and out of that bar and work with them on events, but it's definitely not a gamer lol

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Rebooting an old thread since it's appropriate. I am seeing a lot of nice customized 2.0s at bargain basement prices these days. This has to be correlated with the Adidas move. Gamers are still selling at a good clip but the customized jerseys and GIs, not so much. 

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20 minutes ago, Dr_Puck said:

Rebooting an old thread since it's appropriate. I am seeing a lot of nice customized 2.0s at bargain basement prices these days. This has to be correlated with the Adidas move. Gamers are still selling at a good clip but the customized jerseys and GIs, not so much. 

 Agreed. I have some great stuff that previously would've been a very quick sell.  Not much doing with any of it. The 

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I'm at a loss w/gamers. Most of the players I've focused on, have retired over the past 5 years.  You cannot buy or sell their stuff. I offer $250 for a Radek Dvorak and crickets. I try and sell one for $175 and crickets. I try to buy an Olli Jokinen for $500 and silence. I try and sell an Olli Jokinen for $350 and silence.

 

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