I had no choice but to vote “yes” for this, getting sick and tired with all the fights going on WTB section over simple request.
For sure every collector has a price in their mind when they want something and finding most of that information from ebay etc. is quick and easy. If the item happens to be so obscure you can’t figure out current value go ahead and make inquiry in Price and Market discussion, there are lots of people who are willing to help you!
When an item is rarely/never for sale, there simply isn’t an accurate market place. The people who really want to buy it are the ones that will determine a new market place once it gets sold/is offered for.
An example a lot of people might know by now is the Pikachu Pokémon with YOU Wagon promo. It was released at the end of 2014. Since I’ve been collecting Pikachus since October 2015 I hadn’t seen a single one, and I had only seen one confirmed sale between 2014 and the end of 2016 (there are definitely more sales, but I couldn’t find info about it). Obviously I wasn’t the only one looking for one, so when one popped up on Yahoo Japan at the start of 2017 a huge bidding war was being held between me and a couple of other people. Because I had to calculate in shipping costs and more than 350 USD for middleman service & import combined, I eventually lost it, and it was sold for 135,000 Japanese Yen.
This single sale however, created the market for this card. People with this card in their possession started posting them on Yahoo Japan. The day after I lost the first one, a second one popped up for a 95,000 BIN, which got sold before I realized it was there, within a couple of hours. Third one was up for bid a few hours later. I placed a bid on it of 77,777. Maybe I should have realized it wasn’t as rare as I originally thought and more would pop up after these first sales, but due to lack of experience (and mainly because I really wanted the card and didn’t want this opportunity to go to waste) I entered the buying spree. That same week about ten more popped up on Yahoo Japan, and two weeks later also on eBay. I ended up winning that third one (for 77,000… Even though there were some lower ones available with BIN…), and nowadays you can still find some on eBay and YJ for 225-300 USD.
Long story short: Me and some of the other people who bought the first few cards created a market for these, which now - more than six months later - has stabilized to around 225-300 USD. Since most people who wanted this card badly have it in their possession now, and other people that want it doesn’t want to spend 200+ USD, I’m expecting it will still drop a bit in the future, but will stay above 100 USD for the upcoming years.
As for adding buying prices in general. I think it will only attract people (unless you’re really low-balling). I’m personally willing to spend above market value for Pikachus and Sevipers, and although I haven’t had much buys from here yet, I have had people contact me on some other buy/trade forums due to the fairly high stated prices that attracted their attention.
Also, I’m always open for negotiation. If someone doesn’t want to part with a certain Pikachu except for a price that is higher than what I’ve stated, I’m in some cases more than willing to go higher.
**Tl;DR:**Added prices will give an indication of what the buyer thinks a card is worth from their perspective. The potential sellers can then decide to ignore, accept, or counter-offer. Whether a price is hot in the market, or never comes up for sale at all, is irrelevant for this statement however. And the prices aren’t the maximum/minimum a buyer would want to pay for them; they are just an indication/starting point, as Scott (@smpratte) mentioned in one of his comments above.
It only harms the person trying to buy a card if they don’t put a price, I don’t see why people seem to get so up in arms about it all the time. I don’t tend to put a price and I’ve been able to make plenty of deals from my WTB threads. Live and let live.
Because 90% of you end up being a complete waste of time. I’ll give up the one sale in order to not go through the aggravation and wasted time of the 90%.
If you don’t want to post your offer there’s a lot of other venues where you can. We just don’t want to turn into one of them.
Let’s keep e4 unique…special.
Again it wastes time though. You see the title… you have the card and would consider selling it. You go in to the topic and see that there is no offer. You choose to message them. 90% of the time you will fail to get anything remotely resembling a reasonable offer.
It is frustrating and it clogs up the forum and pushes down legitimate buy offers from people seriously looking to obtain cards with concrete offers laid out.
Just because all the others do anything doesn’t mean we have to follow. Screw the monkey see, monkey do mentality.
The only reason several of us are here is because e4 is different. This site is unique and innovative. We don’t want the ig, gym, Facebook et all riffraff here. We sure as hell don’t want them wasting our time with nothing to offer.
Personally, I believe people should put amounts beside their buys. It gives everyone an idea on where you are starting and you can obviously negotiate from there.
A listed price isn’t a binding contract, so buyers shouldn’t feel anything about putting their hard thought out number beside the card they want.
I am not in favour of listing a fixed price at all, but a price range is something more desirable.
Many, many years ago when I was head admin of a Yugioh forums in the Netherlands, I made a rule that selling cards without naming a price range was not allowed at all. This because people were using fixed prices which were 10-25% above market value, with no room for negotiation. Which just resulted in thread upon thread going into the trash can by the forums auto clean up if a thread was inactive for more than a week.
Also, this allows buyers and sellers to meet and get closer to each other.
When you’re looking for a Base Blastoise and you set your price at just $30, someone with a spare might want to part with it for $40. You can spend days trying to haggle the price and waste time getting the seller to go down to $35. Having a range $30-40 will indicate your ideal price is 30, but your comfortable with anything in the 31-39 zone as well.
Personally, there is a difference between price and price range. Just wanted to clarify.
In either way, stating a price for an item only benefits the buyer because sellers know what they in for. Instead of countless messages across.