To auction or not to auction?

Ask advice and get tips from expert vintage sellers and buyers.
Post Reply
lord ched
Posts: 130
Joined: Sun Oct 18, 2009 1:33 am

To auction or not to auction?

Post by lord ched » Sun Nov 01, 2009 2:40 am

I have a 1970's Teenage Head t-shirt- yep, the legendary Canadian punk institution- which I found in a thrift shop for three bucks. Not unlike one that just sold at Stormcrow for $250. Thing is, it apparently took a while to get rid of it- obscure bands being what they are- and I'd like to make some cash off of it quicker than that. I'm about to start an eBay store, and was thinking of using it as my flagship item... but then thought I should put it up to auction and get quicker if smaller cash. Started it at $75.00, and it surprised me by getting 7 watchers on such a huge opening bid... but then languished. If I start it at a teeny bid, it might go for nothing... but I'm trying to build a little nest egg for security now, and would rather have $100 to stop up financial gaps rather than wait and wait and wait. What's a modern girl to do? Especially when he's a boy?
hermosavtg
Posts: 310
Joined: Sun Oct 18, 2009 4:41 pm
Location: Los Angeles
Contact:

Re: To auction or not to auction?

Post by hermosavtg » Sun Nov 01, 2009 5:41 pm

Looking at the last 90 days of listings it looks like Stormcrow had that shirt and similar shirts up for $199-250 and not a single sold, at least not on ebay. Are you sure that shirt sold for that price?

If you want to see how much attention it really draws, you can always post it for a low start bid and let it ride till the last 24 hours. At which point if hasn't been bid up nicely or accumulated a ton of watchers you can always end the auction.
StivTaters
Posts: 67
Joined: Wed Oct 21, 2009 11:16 pm

Re: To auction or not to auction?

Post by StivTaters » Mon Nov 02, 2009 10:50 am

It sold. Someone wanted both of my teenage head shirts, so i pulled the listings and gave her a discount on the second one, sticking it to ebay (by avoiding the final value fees) and racking up punk points (by being a rebel...think james dean meets sid vicious) in one fell swoop.

But seriously, hermosa has a good idea! If you are going to go that route, i would suggest starting it at a penny...it will get more attention and cost less to list. But, a word of warning...just because there are a lot of watchers, doesn't always mean it will go for a lot. I have had numerous listings that have had over 20 watchers, which i thought would blow up in the last few seconds, but didn't, and ended up going at a disappointing final price. Something to keep in mind when it's coming down to the final 24 hours.
jimmyj
Site Admin
Posts: 2241
Joined: Mon Oct 05, 2009 3:26 pm

Re: To auction or not to auction?

Post by jimmyj » Mon Nov 02, 2009 11:32 am

Or save it for store inventory - higher fixed price and put a best offer button. It's Canadian punk...you might have to wait for the right person to come along.
Jimmy J
Post Reply
  • Similar Topics
    Replies
    Views
    Last post