Is Fred Karger Syndrome Spreading?

[joe_collector]

It's getting so bad, I'm hardly checking EBay anymore.

 

I see "CGC 9.4 X-Men 126" and then almost have a heart attack when I see the $149 BIN and the $129 starting price. Now there are the usual EBay Whackos out there, but I see these listings again and again, from different sellers, and their numbers seem to be growing.

 

Obviously, these Bronze and Modern "less than 9.6/9.8" comics have taken a hit since the speculator stupidity of 2001, and I know sellers can list for any insane amount they want, but you can't have a healthy market with few books changing hands and sellers acting like .

 

In fact, I'm finding much better prices on early-Bronze and late-Silver CGC 9.4 books, and have found myself actually tracking and bidding on these, and waiting for sellers to regain their sanity on the late-Bronze area.

[supapimp]

new "players" entering the market?

[joe_collector]

new "players" entering the market?

 

Either that, or Fred Karger has a whole lot of shills.

 

What I find really amusing is seeing a CGC 9.4 copy with a starting price of $139, and a CGC 9.6 sells for $130.

[valiantman]

Based on fredkarger's strange combination of unlimited funds and no common sense,

anyone else wishing to try the fredkarger approach will need quite a bit of money

to throw away on Ebay listing fees. Fred's proven he's got the funds...

but you'd think most other people with money would try not to flush it so often.

[Darthdiesel]

It's getting so bad, I'm hardly checking EBay anymore.

 

I see "CGC 9.4 X-Men 126" and then almost have a heart attack when I see the $149 BIN and the $129 starting price. Now there are the usual EBay Whackos out there, but I see these listings again and again, from different sellers, and their numbers seem to be growing.

 

Like This?

[joe_collector]

Did you lower the BIN price for someone? I saw that when it was listed, and I could swear it wasn't $65.

[Darthdiesel]

No - i listed it at $65 just earlier this afternoon along with the other 11 and then I went to 5:30 PM ESt Palm Sunday Mass... when I returned it was BIN'd and paid for... If I did change it, then it would show as revised somewhere in the description I think?

[joe_collector]

Some things shows as changes, others do not, and I think Price is one of the mystery ones that can be adjusted without a record. Not sure of BIN though...

[Rocketeer]

What is fred Karger syndrme?...I see listings every week from the guy for the same Batman #404 9.8...it always looks like it's shilled up to $90.00-$99.00 by the same buyer ....

[joe_collector]

Fred Karger Syndrome:

 

Repeatedly listing and relisting books at nose-bleed prices, with the usual strategy being posting a CGC 9.4 comic at a starting bid somewhere at or between CGC 9.6 and 9.8 GPA averages.

 

In other words, it's Free Listing Day, every day, for these chumps.

[ASM-completist]

I have seen ReynoldsJay(or something like that) do that too. I did however buy from him once and it went very well.

[Warlord]

You may be on to something.

 

The number of auctions for March vs Feb was up 1K.

 

The number of auctions getting 0 bids went up by 800, so 80% of that increase were auctions that may have had opening prices were just a little bit too high.

 

Crash Watch

[joe_collector]

They're baaaaaack!

 

http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=2236918548&category=33826

 

http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=2236918584&category=33826

 

http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=2236918645&category=33826

 

Now I remember bidding up a CGC 9.4 X-Men 127 to $52 and being told that was a new GPA Record. What does that make these prices?

[supapimp]

Fred Karger Syndrome:

 

Repeatedly listing and relisting books at nose-bleed prices, with the usual strategy being posting a CGC 9.4 comic at a starting bid somewhere at or between CGC 9.6 and 9.8 GPA averages.

 

In other words, it's Free Listing Day, every day, for these chumps.

 

pass the crack pipe!

[Bonds25]

pass the crack pipe!

 

Here you go!

 

http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=2235721228&category=32758

 

http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&category=17082&item=2236928137

 

http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&category=17082&item=2236307158

 

http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&category=35764&item=2235487983

[Mephisto]

Fred can't be too far from RedHook maybe we should have him talk to Fred in person and see what kind of stuff he's really doing, and let him know we are all concerned.

[blowout]

Dream on. I just don't understand the logic of starting auctions so high.