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Beanie babies
I have numerous beanie babies. All retired. I have researched them on eBay and on Google. How do you know which ones are really worth a lot of money and which ones aren't? On eBay I know I see some that are selling for a dollar and that same one selling for thousands of dollars.
2 comments
rock.star
·2 years agoNo one is actually paying thousands of dollars many are list for that and a few may (sell) for that price but they are never paid for.
In reality most beanie babies are worth very little $5 to $10 maybe.
eburtonlab
Mentor2 years agoJust because a seller lists an item with a high price does not mean that someone will actually buy it.
And just because a bidder bids a high amount or a buyer uses Buy-It-Now does not necessarily mean that the buyer ultimately paid or the seller completed the transaction.
As you may have noticed, many of those high-priced transactions seem to involve zero feedback (or no longer registered) buyers or sellers, indicating that feedback was never exchanged -- that can be an indication that the sale was never completed successfully, which would have meant someone actually paying large eBay fees. Many such items are immediately relisted -- another clear indication that a transaction was not paid for or completed successfully.
I am not sure why some buyers and sellers participate in some of those odd non-transactions; some may be sport bidders bidding up auctions for fun; some may be sellers trying to make it look like the market value of a common item is much higher than it really is. Beanie Babies, Disney Black Diamond VHS tapes and Corningware dishes seem to be common items with vastly overinflated pricing. If you examine the full range of offerings, you can see many such items changing hands for much more down-to-earth sums where feedback is actually exchanged.
When viewing sold listings for Beanie Babies on eBay, be sure to look at the entire range of prices for a particular type, and then ignore the outlier prices where buyer and seller have not exchanged feedback or where the item was sold and then immediately relisted.
Then look at current listings to see what prices are available right now. If there are dozens of a particular type that are unsold at $5, then the going price must be less than that.