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Where Have All The Sellers Gone, Covid Times Passing?

 
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Valued Member
United States
494 Posts
Posted 05/25/2021   11:12 am  Show Profile Bookmark this topic Add hoosierboy to your friends list Get a Link to this Message
Since May 1 I have observed a distinct drop off of sellers on eBay. Not only is the volume of new items down but the quality of true new listings is down. HIPSTAMP seems to be the same often over priced dealer material some of which never sold on eBay. Is there a new player in our digital town or is it just springtime with most folks becoming Covid free at last?
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Valued Member
Canada
155 Posts
Posted 05/25/2021   11:30 am  Show Profile Bookmark this reply Add PMStamp to your friends list  Get a Link to this Reply
I have noticed the same. I think you are correct that COVID19 lockdowns are easing and people are shifting back to "normal" activities.
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Pillar Of The Community
United States
700 Posts
Posted 05/25/2021   3:18 pm  Show Profile Bookmark this reply Add Parcelpostguy to your friends list  Get a Link to this Reply

Quote:
lockdowns are easing and people are shifting back to "normal" activities



Yes, activities such as a real job and not having to sell off their stamps to feed themselves. Also, dealers, meaning seller by choice, not necessity, are likely preparing stock for shows now that dates are being set for the return of shows...[well as long as the variants don't cause future lock-downs].
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Pillar Of The Community
United Kingdom
5780 Posts
Posted 05/25/2021   3:25 pm  Show Profile Check GeoffHa's eBay Listings Bookmark this reply Add GeoffHa to your friends list  Get a Link to this Reply
Selling off their stamps to feed themselves foie gras and Sauternes, judging by auction results. Too early to say here. I suspect that many will be circumspect for some time to come, especially with the proliferation of new variants, and the risks around spending money on holidays that may not take place. I'm looking forward to winning the odd auction lot if the acquisitive frenzy of the last year subsides.
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Valued Member
Canada
265 Posts
Posted 05/25/2021   3:32 pm  Show Profile Bookmark this reply Add Casey Magoo to your friends list  Get a Link to this Reply
I'm not seeing that on Hibid based Auctions. Gulf Coast Stamps out of Texas just had their first on-line auction a few days ago. It was a huge success with some pretty high prices. I have nothing to do with them but I couldn't compete for any US material. Too many bidders and no bargains slipping through. I got a few lots but they were Commonwealth and not so popular.

Are you wanting us to sing the song too? And a 1, where have all the Sellers gone...
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my best friend has four legs
and a soft pillow
Edited by Casey Magoo - 05/25/2021 3:35 pm
Valued Member
United States
160 Posts
Posted 05/25/2021   3:46 pm  Show Profile Bookmark this reply Add jamesg to your friends list  Get a Link to this Reply
Some of the logic above doesn't quite add up. If getting 'back to normal' then you'd think buyers would dry up, not sellers. I'm seeing the same lack of things to buy that are worth of my attention. Prices are high for what is being sold, even ridiculous and unexplainable in some cases (except explained by lack of available material I guess)!!!

I had a bit up a 'pop' in sales a couple of weeks ago, but that was short-lived, now back to normal (almost non-existent sales).
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Valued Member
Canada
155 Posts
Posted 05/25/2021   4:31 pm  Show Profile Bookmark this reply Add PMStamp to your friends list  Get a Link to this Reply
I think both Sellers and Buyers are drying up with the return to normalcy. This coupled with the Northern hemisphere heading into Summer seems to really have slowed sales as far as I am experiencing.
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Canada
927 Posts
Posted 05/25/2021   4:36 pm  Show Profile Bookmark this reply Add gmot to your friends list  Get a Link to this Reply
Think we're seeing both the usual "weather is nice" & the "Covid is getting under control" in much of the Western world slowdown effect on both the availables for sale, as well as buyer activity. That is what I'm seeing with my stores, starting a few weeks ago.
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Valued Member
United States
227 Posts
Posted 05/25/2021   4:55 pm  Show Profile Bookmark this reply Add Rich60 to your friends list  Get a Link to this Reply
I sell quite extensively on eBay. I have had to slow down my listings and activity for many of the reasons above. My regular business took off again in April with 2 large projects that have me working 6 & 7 days a week. Can't do both full steam so I had to slow down on the stamps to a point where I could handle both. Even then its a job and a half. So yes business is picking up in Maryland and restrictions are going down.

Rich
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Posted 05/25/2021   7:39 pm  Show Profile Bookmark this reply Add rogdcam to your friends list  Get a Link to this Reply
Judging by Rasdale's latest auction dealers are still hotly competing for material to turn and burn.

I will note that Russian material is cooling off now both on eBay and at auction.

Rupp no longer talks about a "great time to sell" in recent price lists and emails.

It was bound to come off of the high. The question is how many collectors that started up again will stick around. I expect a net positive compared to pre-lockdown levels.
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Pillar Of The Community
United States
2751 Posts
Posted 05/28/2021   10:46 pm  Show Profile Check Battlestamps's eBay Listings Bookmark this reply Add Battlestamps to your friends list  Get a Link to this Reply
I had a really good auction on eBay last October, but since then I've been just too busy with family/kids, home repairs/maintenance, indulging in another hobby (astronomy - just as expensive as stamps), but also organizing existing and new material for sale. It seems to be better, but I was worried about shipping issues with the USPS with some actual justification as holiday packages I had sent were screwed up royally. Some international shipments were missent and took months to resolve. I also was just roped into eBay's managed payment system (still do not like it) earlier this year and weary about listing high volume auctions again. Hopefully, I'll get back on track soon and start selling again. I'm not allowed to buy more stock by my wife until I sell off what I've been hoarding for the last few years.
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Valued Member
United States
111 Posts
Posted 05/29/2021   12:06 am  Show Profile Bookmark this reply Add Gibby01 to your friends list  Get a Link to this Reply
eBay's new managed payment system may also be partly to blame. My wife and I sell a few things here and there on eBay but have balked at allowing eBay access to our checking account. We've paused selling while we decide whether to continue by opening a separate checking account just for them.
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United States
1554 Posts
Posted 05/29/2021   12:17 am  Show Profile Check KRelyea's eBay Listings Bookmark this reply Add KRelyea to your friends list  Get a Link to this Reply
Yesterday's Siegel collections auction had some extremely exuberant bidders. At one point I bid 5X high estimate and all I got was a "thankyou underbidder". I got 1 item at the very end and thought it a bargain at only 3 1/2 high estimate. It was a very impressive auction!!
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Valued Member
United Kingdom
33 Posts
Posted 06/01/2021   3:06 pm  Show Profile Bookmark this reply Add theswedish to your friends list  Get a Link to this Reply
Here in the UK there is quite a drop off of decent collections and albums being offered for sale, which has resulted in more competition between buyers. Outside of Svenny_foto there are few good albums being offered on eBay.
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Edited by theswedish - 06/01/2021 3:06 pm
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