posted on October 14, 2002 07:51:58 PM new
Perhaps the collectible market will enjoy some growth when consumer confidence is renewed. After the stock market debacle and poor interest rates payed on savings. Some people might consider investing in the collectible market as a viable option.
posted on October 15, 2002 01:23:04 AM new
kcpick4u,Thats not the way it has gone in the past.Collectibles are the last thing people were lookig for.
Some items will work,if rare
and hard to find.
Believe it or not,The simple things will work better in a bad economy.
posted on October 15, 2002 08:13:23 AM new
It would appear that eBay is doing just what it is supposed to do- make the market more efficient, which lowers the prices for consumers.
I was surprised when the article stated that eBay has received complaints from collectible sellers about lower prices. What do collectible sellers expect eBay to do - fix prices or eliminate competition ? That's a no-no.
There are one of two things that the market will usher in: either collectible sellers will pull out of the eBay market and set on inventory as it decreases in value, or unload the distressed items and move into a collectible genre that is holding up.
I don't think B&M is the answer. More and more people are using the internet and especially eBay as a pricing guide. There was an article on the network news last week about Pawn Shops using eBay to price item loan values as well as sell items. B&M customers are using eBay as a price guide or soon will be.
posted on October 16, 2002 09:33:03 AM new
I think what ebay has done is shown that some collectibles aren't really as "rare" as a seller would have you believe and those prices had to drop.
posted on October 16, 2002 01:09:16 PM new
Adds up to a simple case of supply and demand. I used to look for certain items because I could not find much of what I was looking for locally and when I did the prices were unrealistic. Now they show up on e-bay and are listed from all over the world and it appears that there are many more listings than bidders. I myself have run out of room for more.
buyhigh
