I recently stumbled into a discussion about the prices some sellers are putting on their cards when they place them up on the ebay auction block.
Some people feel discouraged that a card (or cards) they are interested in are placed up for bids with an unrealistic number attached to them (be it a 'Buy It Now' option or a seller's accepting price on a 'Best Offer').
Some feel that the seller is essentially holding the card 'hostage' as he is aware that there are people definitely interested in his item.
To me, it's quite simple...
If you own a card and are looking to sell it, YOU have the right to price it whatever YOU want it to be.
If you feel like pricing it at what most people would consider unrealistic - so be it. If you won't accept anything less than a certain amount - so be it. If you refuse to barter - so be it.
It's your card.
'Fair Market Value' can be a subjective term (especially with the higher end cards and those that are scarce). I might think it's 'worth' $200 while you might feel that $400 is on the low end. Neither one of us is wrong in my opinion. It's perspective.
And if you aren't willing to look at the other person's perspective, you're going to have a tougher time buying cards.
Book values have always been a guide - that's it. End of discussion. BV's are nothing more than opinions. If you want to follow the 'book' to the letter, so be it. But realize that not everybody does. And that doesn't always mean lower prices.
Past auction results help, but again that can change drastically from one item to the next. If a card is new to the market, it might go for more than say a couple months down the road.
Comparing one item to another that is similar is something that in my opinion should be done with even more caution. At times, that's like comparing apples to oranges.
At the end of the day, if there's a card out there that you want...you need to be willing to pay the price the seller is looking for. Simple as that.
If you aren't willing to pay that price, then the question becomes - how patient are you? Unfortunately, those who complain about prices have very little patience in my opinion.
What are your thoughts when you see a card you'd like but the asking price is 'ridiculous'?