Best way to value figures...

Discussion in 'Transformers Toy Discussion' started by simplygriff, Oct 15, 2008.

  1. simplygriff

    simplygriff µ - Elitist Dick

    Joined:
    Aug 5, 2008
    Posts:
    1,893
    News Credits:
    1
    Trophy Points:
    137
    Likes:
    +2
    So other than checking completed auctions on eBay, what's the best way to try to set values for figures and parts? I don't think that looking at retail sites like Big Bad and TF Source really give a good gauge for some older stuff but there doesn't seem to be a whole lot else to go on. I want to try to research some stuff without posting a ton of "how much is this worth" threads...
    -G
     
  2. Counterpunch?

    Counterpunch? Interior Renovator

    Joined:
    Apr 15, 2007
    Posts:
    4,334
    Trophy Points:
    177
    Likes:
    +37
    Ebay:
    It depends what you are valuing the item for...

    If you just want to know how much to pay, ask other collectors, then add about 25%-35% onto what they think it should be. Collectors who are looking for things in the market like to devalue them in their head. This of course only pertains to competitive markets like eBay or toy shows. Fan boards will often afford a discount to other fans.

    If you are valuing the item for insurance purposes, then use BBTS as your guide to pricing. Think of it this way. If your house burns down and your collection is destroyed, you will at some point want to buy it back. If insurance only pays you what the MSRP was, you will get back about 30% of your toys and run out of money, especially if you have rare or valuable ones to begin with. Using BBTS's inflated price structure allows you to account for a 'worst case scenario' for repurchasing lost toys.
     
  3. simplygriff

    simplygriff µ - Elitist Dick

    Joined:
    Aug 5, 2008
    Posts:
    1,893
    News Credits:
    1
    Trophy Points:
    137
    Likes:
    +2
    That seems like pretty good advice.

    So how would you value something you want to sell? I don't want to rip people off but I don't want to get ripped off either.

    And is it cool to post up valuation threads? Seems like there should be a specific forum for that.
    -G
     
  4. rework

    rework The Voice of Experience

    Joined:
    Jul 31, 2002
    Posts:
    1,750
    Trophy Points:
    176
    Likes:
    +0
    Actually, you had it in your first sentence. Closed Ebay auctions is probably the single most accurate guage these days. Discard the highs, lows & BINs and it's a indicator of what people really pay.
     
  5. Counterpunch?

    Counterpunch? Interior Renovator

    Joined:
    Apr 15, 2007
    Posts:
    4,334
    Trophy Points:
    177
    Likes:
    +37
    Ebay:
    I agree, but I would not discard BIN info. BIN is a good indication of the upper limits people will pay. My perspective for selling on eBay is to go for maximum profit margin, even if it means a relisting or two. Changes to eBay's pricing structure with lower listing fees, but higher sale percentage takings almost requires this.
     
  6. simplygriff

    simplygriff µ - Elitist Dick

    Joined:
    Aug 5, 2008
    Posts:
    1,893
    News Credits:
    1
    Trophy Points:
    137
    Likes:
    +2
    Well... If that is the best solution, that's cool too. :D 

    What do ya'll do when it's not on eBay though?
    -G
     
  7. rework

    rework The Voice of Experience

    Joined:
    Jul 31, 2002
    Posts:
    1,750
    Trophy Points:
    176
    Likes:
    +0
    I was actually thinking BINs on the low end. Y'know, the ones where someone who doesn't really know what they are doing puts up a complete Fort Max with a $100 BIN and it sells in the first 15 seconds.... That doesn't mean Fort Max is only worth $100!
     
  8. Magnus' Mate

    Magnus' Mate Well-Known Member

    Joined:
    May 27, 2008
    Posts:
    2,707
    News Credits:
    1
    Trophy Points:
    167
    Likes:
    +5
    Well, why don't you just start it at a price you'd personally be happy to see it sell for? If it then goes for more, consider it a bonus
     

Share This Page