Thoughts on auction prices and comps...

chester0711 · 02-04-2024, 06:44 PM

What are everyones thoughts on auction prices and comps?

As a seller, do you take them seriously or not as much?

What if you have 7 BIN prices in past month at say $1k or within $50 of that but the most recent price is an auction price at $750?

All things being the same with the player (like they didnt do something to drive value down etc....) Do you pay the recent auction price any mind or do you sell off BIN?

I ask because I watched an argument unfold at a recent show in regards to a Buyer trying to use an auction price to justify his offer, and a seller was not having it. There were 5-6 BIN prices total in past month and the progression looked something like (most recent sold price is first):

BIN = $990
BIN = $1050
Auction = $780
BIN = $975
BIN = $1050
BIN = $1090

The buyer of course was trying to get the card for $800, using the 780 auction to justify the ask.

Seller wanted $975

Thoughts on auction prices and how they play into comps?

02-04-2024, 06:44 PM	#1
chester0711 Member Join Date: Mar 2014 Location: Twin Cities Posts: 418	Thoughts on auction prices and comps... What are everyones thoughts on auction prices and comps? As a seller, do you take them seriously or not as much? What if you have 7 BIN prices in past month at say $1k or within $50 of that but the most recent price is an auction price at $750? All things being the same with the player (like they didnt do something to drive value down etc....) Do you pay the recent auction price any mind or do you sell off BIN? I ask because I watched an argument unfold at a recent show in regards to a Buyer trying to use an auction price to justify his offer, and a seller was not having it. There were 5-6 BIN prices total in past month and the progression looked something like (most recent sold price is first): BIN = $990 BIN = $1050 Auction = $780 BIN = $975 BIN = $1050 BIN = $1090 The buyer of course was trying to get the card for $800, using the 780 auction to justify the ask. Seller wanted $975 Thoughts on auction prices and how they play into comps?