How much has eBay actually reduced card value's?

Coopz05

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• Sep 27, 2014

• #1

I often think about how much eBay has affected the sportscard market since its introduction.

Although making cards more accessible, it also shows just how many are actually available too...

I think the best example is the MJ rc.

Does anyone here have an old beckett from NBAs heyday? 93-94 maybe?

Id be curious to know what it booked at before eBay?

I know MJ was the holy grail when I was kid and I had never laid eyes on a real one until I got back into the hobby 3yrs ago.

eBay has shown that, although we (in 93/94) assumed not many MJ rc's survived, theres actually 1000's out there. Which in turn must have lowered the market dramatically.

What about the 48 Mikan rc? That booked at $5k from memory in the 90s. Am I way off?

It hasnt affected me, because I quit the game before eBay and came back when eBay was established, so no cards I owned were affected.

Who of you 20yr+ collectors got drilled by eBay? And what were some of your biggest value drops?

 

Last edited: Sep 27, 2014

wjrwebber

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• Sep 27, 2014

• #2

Had a beckett from 98 for years and years, lost it a while back or threw it out.... Got another from 2010, Jordan rc is $600. I remember the Mikan being like 5k ages ago, in this beckett its $2250.

 

Frank Dukes 78

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• Sep 27, 2014

• #3

Maybe Beckett over priced the cards??

 

Coopz05

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• Sep 28, 2014

• #4

@Frank Dukes 78 that may well be true, but I remember in the 90s that, when our Aust dollar was much lower (half the $US) that the normal price to pay in store was double-beckett.

Anyone else remember?

The trade in value of your card was beckett price, the resale price they would sell for, was double beckett.

So regardless of whether beckett 'overpriced' the cards, stores in the heyday had no trouble selling the cards for that price.

Now with eBay, those prices in beckett's have dropped dramatically (mostly). Then the cards sell for half that again on eBay. Thats up to a qtr of what the used to sell for.

Maybe that better explains what Im asking...

 

Billyhoyle

Im Not Juan Garcia

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• Sep 28, 2014

• #5

I think the big issue is actually about access.

Before ebay where did you buy/sell/trade cards?

back in the 90s the marketplace was very small, so sellers could essentially charge what they liked. Now with ebay (and the growth of the Internet) the worldwide marketplace is settling what the value of the cards are.

 

ozballer23

#1 J.R. Smith Collector

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• Sep 28, 2014

• #6

If anything I think ebay has only made the value of cards more realistic because of the wide audience they reach. The true value of a card is indicated by want and supply, a value we couldn't accurately gauge with a limited audience in the past.

 

tak35bne

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• Sep 28, 2014

• #7

Just saw the title of this thread and this issue is not limited to NBL cards. Yes, eBay shares some of the blame but so do web sights like ozcards. You see it all the time in the NRL forum that people buy cards and just dump off their excess to get a little bit back.

 

CAN'T FLY

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• Sep 28, 2014

• #8

Thought I would take a look at some of my old Shaq Becketts for the sake of it.

When did ebay get started/cards on ebay?????

Side note- that was fun looking thru the player paintings inside the covers again!!

Oct 1992
Mikan RC 3000
Jordan RC 550

April 1994
Mikan 4500
Jordan 900

Sep 1994
Mikan 4500
Jordan 800

March 1998
Mikan 4500
Jordan 1000

Aug 2000
Mikan 3500
Jordan 1600

Nov 2000
Mikan 3000
Jordan 1600

Aug 2002
Mikan 2500
Jordan 1000

Nov 2006
Mikan 2500
Jordan 750

Oct 2007
Mikan 2250
Jordan 650

Sep 2011
Mikan 2250
Jordan 600

 

Billyhoyle

Im Not Juan Garcia

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• Sep 28, 2014

• #9

CAN'T FLY said:

Thought I would take a look at some of my old Shaq Becketts for the sake of it.

When did ebay get started/cards on ebay?????

Click to expand...

According to wikapedia 1995

http://en.wikipedia.org/wiki/EBay#Early_years
'

 

Billyhoyle

Im Not Juan Garcia

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• Sep 28, 2014

• #10

i think the other thing that has changed is the introduction of autos and game used cards. Where once upon a time completing a set was the end goal, you used to get excited to pull a Jordan base card.

 

ozballer23

#1 J.R. Smith Collector

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• Sep 28, 2014

• #11

Billyhoyle said:

i think the other thing that has changed is the introduction of autos and game used cards. Where once upon a time completing a set was the end goal, you used to get excited to pull a Jordan base card.

Click to expand...

supply and demand.... when MJ autos were 1 per every 100 cases, they had some substantial value, when they are one every 2 cases.... well enough said.

 

CAN'T FLY

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• Sep 28, 2014

• #12

So in reply to Coopz Q, the Mikan and Jordan values both went up with the rise of ebay and seemed to have peaked around 2000.

According to Beckett, they are both about the same value now as they were before the 90s explosion.

 

Coopz05

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• Sep 28, 2014

• #13

I think @CAN'T FLY nailed it.

Really whats happened is that the 90s boom fluctuated prices dramatically and have now settled to where they were pre-boom.

I also agree with @ozballer23 I think what we see now is their true worth

 

1s1ah

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• Sep 29, 2014

• #14

I think eBay has kept values honest. No more of the "better pony up, where else am I going to find it?"

 

araiee

Lebron, Kobe and Westbrook!!!

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• Oct 7, 2014

• #15

saturated market...way too many "easy to get" hits now...ebay has made a difference but I think it reflects the proper value in conjunction with supply and demand, card companies really need to go back to basics, make hits "harder to get" ... cant even get excited about pulling a kobe auto any more because they are all so common these days and can be found for under $100 quite easily...