AuctionBytes-Update Number 17 - July 2, 2000 - ISSN 1528-6703

AuctionBytes-Update is a free newsletter for online auction buyers and sellers. Read reviews of online-auction products and services, tips on being more efficient, and the latest onantiques and collectibles. AuctionBytes-Update is published by email twice a month. (Print it out for easier reading.)

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IN THIS ISSUE:
1) From the Editor
2) Not a Banner Day for eBay
3) Name Your Own Yard Sale Item: Priceline Perfect YardSales
4) Who Says You Can't Take It with You? "Virtual" Feedback
5) PriceRadar's Found in the Attic: Happy Independence Day!
6) COLLECTOR'S CORNER: Sports & Displaying Collectibles
7) Second Hand Rose
8) Letters from Reader - Automotive Auction Sites & Brokering Items
9) This and That
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1) FROM THE EDITOR

Happy Independence Day and Canada Day! What are you doing on the computer on this holiday weekend? Go out and eat a hot dog. (AFTER you read this fascinating issue of AuctionBytes-Update, of course!)
***
Speaking of hot dogs, Maggie has been enjoying the warm weather. So much so that she dragged me through a patch of poison ivy in her zeal. So, scratch, if I seem a bit distracted in this issue, scratch-scratch, blame it on the Auction Hound!
***
Looking for summer reading? My friend John Bryans at CyberAge Books sent me a copy of a new book called "net.people - The Personalities and Passions Behind the Web Sites" by Thomas E. Bleier and Eric C. Steinert.

Some of the "net people" interviewed have created Web sites centered around their collections, including "beanie mom" (www.beaniemom.com) and "the comic book king" ( www.comicbookresources.com). This book profiles 36 Web site creators, many who run their sites part-time while continuing to work full-time.

If you are thinking of creating your own Web site to supplement online auction sales, this book demonstrates the advantage of letting your personality shine through on your Web site. It will differentiate you from your competitors, and you'll have a lot more fun.

You can find the book "net.people" at http://store.yahoo.com/infotoday//netpeople.html or http://www.amazon.com/exec/obidos/ASIN/0910965374/auctionbytesc om

Ina Steiner, Editor
email: ina@auctionbytes.com

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2) Not a Banner Day for eBay
by David Steiner

The introduction of targeted banner ads on the Internet's busiest auction site is not sitting well with some of its users.

Earlier this year, eBay began posting banners that advertised products many sellers felt were in direct competition with their own auction items. This recent addition to eBay-which until this year accepted no advertising on its search pages-has veteran sellers worried about the direction that the online auction giant is headed.

"eBay has always been a level surface for users," says Bobby B., a 3-1/2 year veteran of eBay. "There was no opportunity for a Fortune 500 company to have a more prominent exposure of their product than a soccer mom. Large corporations can now buy their way into more and more markets, pushing out smaller individual sellers."

Here is what the controversy is about:

Suppose you are in the market for a toaster and decide to see if there are any up for auction on eBay. You type the word "toaster" in the eBay search engine, and several pages of auctions pop up containing your criteria. What you may also see is a banner ad located at the top of the page with a link to a retailer selling toasters. And that's what has sellers burning.

Many sellers feel that the banner ads reflect a changing attitude on the part of eBay toward its sellers.

"[EBay made] a commitment to users to make eBay a true person-to-person trading platform without the introduction of B2C or B2B trading in any form on the main site. They are going back on their stated purpose and mission," says Bobby B. "How many current Mom & Pop sellers can both pay for this kind of advertising AND keep their prices lower than the big boys?"

However, eBay is not planning on abandoning their ad banners anytime soon.

According to eBay spokesperson Kevin Pursglove, "It's altogether possible that an ad may present a potential problem for one user, but turns out a very huge benefit for the [eBay] community."

According to Pursglove, eBay is being responsive to its sellers. "We're talking to the users on a fairly frequent basis, trying to gauge their reaction. In fact, a lot of the feedback you're currently hearing about is communication that we initiated for our users, trying to get a sense of how we can proceed down this path."

But many sellers feel that eBay is being less than genuine in their efforts to rectify the situation. The Online Auction Users Association (OAUA) says that the banners may be less specific than they had been, but the ads still advertise retailers that carry the same products that sellers are trying to auction off.

The OAUA recently mounted an email campaign for sellers to let eBay know of their dissatisfaction with the banner ads (http://www.auctionusers.org/bannercampaign.shtml ), and eBay responded with some concessions, including modify or canceling certain advertising agreements deemed too competitive by the auction site.

Sellers continue to take a wait and see approach but, in the meantime, have organized initiatives such as the Million Auction March (http://www.millionauctionmarch.com) that are encouraging a shift to other auction venues.

All this points to one hot summer.

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3) Name Your Own Yard Sale Item: Priceline Perfect YardSales
by Ina Steiner

Priceline for Yard Sales?? Yes, the site that brought you "Name Your Own Price" airline tickets, groceries and gas now has "Name Your Own Pricing" for yard sale items at Priceline Perfect YardSales http://www.perfectyardsale.priceline.com.

How It Works
Sellers register items for sale, indicating their ideal price range and the minimum acceptable prices (reserve prices) for the items they are selling.

Buyers go "shopping," giving an ideal price range for the item they are interested in. Once Priceline Perfect YardSales has found items in the right price range, a buyer "Names Their Own Price." If the seller accepts this price, the transaction proceeds, otherwise Priceline Perfect YardSales will keep searching for items.

Note that Priceline Perfect YardSales is only available to U.S. residents over the age of 18.

Shipping
Sellers and buyers choose the shipping or delivery method they prefer in the "offer to buy" and "offer to sell." The seller will then be responsible for paying the cost of the particular shipping or delivery means based on the seller's selection. The shipping expense incurred by the seller will be reimbursed to the seller's Priceline Perfect YardSales Cash Card in an amount based on UPS Business Zone 7 rates.

Buyer Protection Policies
The service offers certain protections for buyers. Buyers give Priceline Perfect YardSales their credit card numbers, and Priceline Perfect YardSales does not pay sellers until the buyer has received and approved the item.

Every item comes with a 7-day money-back guarantee and 30-day repair warrantee from Priceline Perfect YardSales up to $250, not covering cosmetic repair. (Note that the money-back guarantee only applies if one of the following conditions apply: Your item is materially different from what was described in the offer. Your item arrived broken. Your item never arrived or was never delivered. You are unable to contact your seller to arrange shipment or delivery.)

If a buyer does return the item in accordance with the 7-day money-back guarantee policy, the buyer must pay the shipping costs by the same means of delivery.

Seller Fees & Commissions
Listing fees are currently waived. The sellers' commission fees for items that have sold are 5% for items between $10 - $14.99, 10% for items between $15 - $300, and a flat rate of $30 for items over $300.

Show Me the Money
Once a transaction is complete (meaning the buyer has received and approved of the item), Priceline Perfect YardSales credits the sellers' "Perfect YardSales Cash Card." The Perfect YardSales Cash Card is a debit card issued by Western Union Industrial Financial Service in cooperation with Western Union Industrial Bank. Cash Cards can be used at any ATM or as a debit card at many point-of-sale locations, such as grocery stores and gas stations.

Will It Work?
Buyers who have a problem with "reserves" on online auction sites might have a problem with Priceline Perfect YardSales. Every item has a minimum acceptable price (i.e., a reserve price), which is unknown to buyers.

Buyers who don't like competition or waiting are in luck - once they have found an item, and their "Name Your Own Price" has been accepted, the transaction can move forward (with no fear of sniping).

And sellers? Well, pricing is more controlled, which can be good if you know the true worth of your item, or bad if you don't (since you might underestimate what someone is willing to pay for your item).

Right now, I don't see categories for "collectibles." Assuming Priceline Perfect YardSales can attract sellers and expand offerings, I think this service has potential. And by the way, since this service is so new, keep checking their fees and policies - they might very well change.

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4) Who Says You Can't Take It with You? "Virtual" Feedback to Go
By Ina Steiner

Wouldn't it be nice if your eBay feedback could be referenced when bidding or selling on Amazon Auctions, and vice versa? Virtual Feedback ( http://www.virtualfeedback.com ) has created a one-stop feedback rating system that allows you to "advertise" your feedback rating anywhere. So if you build up a lot of feedback from transactions on one site, your feedback rating "travels" with you when you buy and sell on other sites. The Virtual Feedback system works for any transactions: online auctions, Web site sales, or anyplace you buy or sell items.

How It Works
You cannot use the feedback left for you on an online auction site. For instance, eBay does not allow users to tout their feedback profile anywhere, other than eBay. So you must have people give you feedback on the Virtual Feedback Web site itself.

You do not have to be a registered user to get rated (so you better behave yourself!), but you do have to register to rate someone else. You can only register one account. Although not totally fail-safe, the system searches for similar names, addresses, etc., and attempts to enforce their one-account policy. When you register, you list all of your email accounts and auction user IDs.

Once you have registered, Virtual Feedback provides you with the HTML code that you insert into your auction descriptions to let bidders know you are a member of Virtual Feedback. It also shows how many times you've been rated. Bidders can click on a link to be taken right to your ratings.

Feedback Rating System
You can rate different aspects of a transaction, so if someone you are rating excelled in most areas (like item description, packaging and correspondence), but performed poorly in one area (like slow shipment), then you can rate them accordingly.

Potential Problems
Human nature being what it is, I wondered what would prevent someone from leaving unjustified negative (or "revenge") feedback. "No one can really stop anyone from leaving vengeful feedback, however the product description must be stated," stated Reyne Haines of Virtual Feedback. You are allowed to leave comments about the feedback that you receive. "Virtual Feedback will not play moderator. However, if someone were to complain about feedback from someone they don't know, we would contact that person and ask for additional information. If they did not respond, I believe it would be removed."

Virtual Feedback is an excellent idea and, in theory, should work very well to protect people. It will be interesting to see if it takes hold, and whether people will respect the system by giving only honest, justified feedback.

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5) PriceRadar's Found in the Attic: Happy Independence Day!
by David Steiner

In the U.S., the Fourth of July marks the independence of the 13 original colonies from England. But do you know which colony was first to ratify the constitution? If you said Delaware, you were right!

So with that in mind, we decided to see which of the 13 original colonies was REALLY number one...in license plates! We searched on 7/1 to determine statistics over the past 30 days.

All searches were done with PriceRadar's Price Guide Tool. Go to www.priceradar.com and try your own searches!

Massachusetts
Number of Items Sold: 4
Number of Items Unsold: 6
Sellthrough Rate: 40%
Highest Priced Item: $69.99
Lowest Priced Item $5
Average Price $21.75

New Hampshire
Number of Items Sold: 2
Number of Items Unsold: 2
Sellthrough Rate: 50%
Highest Priced Item: $6
Lowest Priced Item: $4.50
Average Price: $5.25

Connecticut
Number of Items Sold: 0
Number of Items Unsold: 0

Rhode Island
Number of Items Sold: 3
Number of Items Unsold: 7
Sellthrough Rate: 30%
Highest Priced Item: $7
Lowest Priced Item: $3.50
Average Price: $5.50

New York
Number of Items Sold: 11
Number of Items Unsold: 13
Sellthrough Rate: 45.83%
Highest Priced Item: $79.95
Lowest Priced Item: $3.00
Average Price: $17.64

Delaware
Number of Items Sold: 0
Number of Items Unsold: 0

New Jersey
Number of Items Sold: 2
Number of Items Unsold: 9
Sellthrough Rate: 18.18%
Highest Priced Item: $5.60
Lowest Priced Item: $3.50
Average Price: $4.55

Pennsylvania
Number of Items Sold: 5
Number of Items Unsold: 8
Sellthrough Rate: 38.46%
Highest Priced Item: $3.50
Lowest Priced Item: $2
Average Price: $2.92

Virginia
Number of Items Sold: 1
Number of Items Unsold: 9
Sellthrough Rate: 10%
Highest Priced Item: $7.11
Lowest Priced Item: $7.11
Average Price: $7.11

Maryland
Number of Items Sold: 2
Number of Items Unsold: 1
Sellthrough Rate: 66.67%
Highest Priced Item: $30
Lowest Priced Item: $18
Average Price: $24

North & South Carolina
Number of Items Sold: 12
Number of Items Unsold: 12
Sellthrough Rate: 50%
Highest Priced Item: $6.10
Lowest Priced Item: $2.50
Average Price: $4.02

Georgia
Number of Items Sold: 1
Number of Items Unsold: 12
Sellthrough Rate: 7.69%
Highest Priced Item: $1
Lowest Priced Item: $1
Average Price: $1

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6) COLLECTOR'S CORNER: Sports & Displaying Collectibles

COLLECTOR'S CORNER: Sports - Honus Wagner Card Auction and News from Topps Company
By Wayne Tuiskula

The Honus Wagner baseball card mentioned in last issue's Collector's Corner is scheduled to be auctioned beginning on July 5th. More info is available here: http://www.ebay.com/theme/baseball.html http://members.ebay.com/aboutme/mastronet (See last issue's Collector's Corner at: http://www.auctionbytes.com/Email_Newsletter/10/11/12/13/16.html#c c

***
The Topps Company Inc. signed a three-year agreement with eBay to create two ventures: etopps and Topps Vault.

Etopps will offer a unique line of sports cards to be bought and traded only on the Internet. The Topps Company will sell the cards individually, by specific player, on Topps.com. Buyers may choose to have their cards physically remain in Topps possession, allowing them to subsequently sell the cards on the "etopps trading floor" on eBay. Topps will simply transfer the record of ownership from seller to new buyer. Or, a buyer may choose
to have their cards delivered in un-circulated mint condition! The preliminary launch is scheduled for December.

Topps also plans to sell original sports memorabilia on eBay through its "Topps Vault" concept. The schedule of events and catalogs will be posted regularly on the Topps.com Web site.

Sports Editor Wayne Tuiskula has a long-time interest in sports collectibles. He and his wife Amy run estate sales in addition to their other careers. Email Wayne at tuiskula@tiac.net. eBay ID: tuiskula

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COLLECTOR'S CORNER: HOW DO YOU DISPLAY YOUR COLLECTION?

How do you display your collection? Here's some suggestions from some of our Collector's Corner Editors and a guest. Next time we'll get some tips from professional designers.

SCI-FI and BOOKS

"How do I display my collections? I don't! No room! All my stuff is packed away in closets! Except for all my books, which are on shelves lining the dining room, the living room, the bedrooms, and the halls! I NEED A BIGGER HOUSE!"
Michele Alice <makalice@adelphia.net>, AuctionBytes-Update
Contributing Editor

***
SPORTS
"I buy a lot of display pieces like old photos, cardboard signs, programs, etc., and try to match them with the right size frame of the same period. When I find a match, I bring it to a framing store and request acid free paper to preserve the item. I keep pieces that aren't flat in a barrister's bookcase, also known as a stacking bookcase.

"They also sell UV resistant sleeves, sheets and cubes to store your items at larger antique shows. I've seen a company called Dave Cohen & Associates (www.showcaseshowplace.com) advertise showcases in several antique periodicals. I've never done business with them, but their cases look great."
Wayne Tuiskula <tuiskula@tiac.net>, AuctionBytes-Update Collector's Corner Sports Editor

***
PULPS and STAMPS
"I feel that many comic book dealers mishandle pulp magazines. Too often, the magazine is treated like a comic, placed in a snug plastic/mylar container, and stored upright like a comic. Bad idea!! Those old pulps aren't nearly as thin as comics, and the cover stock is generally much less stable than the comic book covers. Also, of course many pulps have a 1/4-1/3 inch
overhang, which can be easily destroyed through improper storage.

"I suggest that the pulp be placed in a mylar bag that is one size too LARGE for the pulp, and carefully stored flat, with no more than perhaps 15 pulps stacked on top of each other. This preserves the overhang as best as possible, and also keeps the pulps flat. I'm interested in how others keep their pulps!

"As far as stamps go, there are lots of options. For many collectors of United States used stamps, the "Good Old" Scott Minuteman album is a basic: while not complete, it contains pictures of most varieties, descriptions of all commemoratives, and an attractive layout. I still have mine from when I collected as a kid!

"On the other hand, as an adult collecting older US, mint and used, such an album is less appropriate. I use a Linder album, which is really nice, as stamps are not hinged or placed in mounts, but placed in special neutral plastic pages, allowing one to easily see both front and back of each stamp.

"I also have a collection of US Navy WWI/WWII covers, which I actually display in simple first day cover albums (because they were inexpensive!).

"(Watch for an update that I'll write based on my experience at PulpCon 2000, which occurs July 7-8-9 in Dayton Ohio (That is a "free plug", I have no affiliation with PulpCon!)."

John Kirsner <jkirsner@columbus.rr.com>, AuctionBytes-Update Collector's Corner Stamps & Pulp Comics Editor

NAUTICAL MEMORABILIA
To get your creative juices flowing, here are some photos of nautical memorabilia donated by Glenda Moore. http://www.auctionbytes.com/images/nautical1.jpg
http://www.auctionbytes.com/images/nautical4.jpg

Glenda also collects Gene Barry memorabilia (~http://www.xmission.com/~emailbox/barry.htm ) and cat stuff (~ http://www.xmission.com/~emailbox/catstuff.htm ).

If YOU have any suggestions or ideas you'd like to share, please email me at ina@auctionbytes.com and I'll publish them in the next issue.


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DO YOU HAVE A SHIPPING QUESTION FOR BILL THE POSTMAN?
Email askbillthepostman@auctionbytes.com.
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7) Second Hand Rose

Have I got a book for you! "The Rag Street Journal" by Elizabeth Mason is the ultimate guide to shopping thrift and consignment stores throughout the U.S. and Canada. Ms. Mason owns a "very eclectic vintage couture boutique" store that the stars frequent in West Hollywood, California. (She is an actress herself, and models her second-hand designer clothes in the pages of the book.)

Part I of the Rag Street Journal reviews the basics of secondhand shopping for vintage clothing and jewelry, including bartering, selling, cleaning and storing them. The book is an encyclopedia. Though it focuses on clothing and jewelry, don't forget you can find all kinds of goodies at second-hand stores.

In the section on jewelry, the author thoroughly explains Bakelite: the history of Bakelite, the differences between Lucite, plastic and Bakelite, a sure-fire (but not recommended) way to test Bakelite, and advice on restoring luster to your Bakelite pieces. She even warns of the addictive nature of collecting Bakelite! One tip I found entertaining: when you clean Bakelite, the cloth may become mustard yellow. "Don't be alarmed-you are not removing any natural pigment. What you are removing is years of nicotine stains from those items whose owners smoked."

This author knows her stuff, and she shares it all like your best friend would (maybe even better). Part II is a list of consignment stores in the U.S. and Canada.

Published in 1995, you can get The Rag Street Journal at Amazon.com (http://www.amazon.com/exec/obidos/ASIN/0805037284/auctionbytesc om ) via BookCloseOuts.com for $3.99 plus shipping
- what a bargain! (I bought my book at a remainder bookstore - for $3.98 - no shipping charge!)

Tell Second Hand Rose about your favorite resources, inventory sources and tips! Or your favorite "second-hand" story. Email SecondHandRose@AuctionBytes.com.

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or email advert@auctionbytes.com

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8) Letters from Reader-Automotive Auction Sites & Brokering Items

Regarding "Automotive Auction Sites," in Issue #15 ( http://www.auctionbytes.com/Email_Newsletter/10/11/12/13/15.html#a utoauction) in which I listed sites that sell cars and car parts:

Dear Ina,
I visited your site and read your article about where people [who are boycotting eBay Motors]are going.

You should note that the sites you listed for parts are also sites where cars are being listed, not just parts. Someone may miss out on cars listed for sale if they believe they won't find any on Golds or Swapman, or Classic Car.
Duncan

***
Regarding "Commission - Impossible? Brokering Items for Profit" in Issue # 15 ( http://www.auctionbytes.com/Email_Newsletter/10/11/12/13/15.html#c ommission) in which David talks about selling items for others:

Dear David:
I enjoyed your article about selling items online for other people. However, you did neglect one thing - make sure you don't have to be licensed by your state Auctioneers Board to do so! Here in North Carolina, if you sell anything other than your own junk, buy stuff to resell or resell for others you have to go through the licensing process with the NC Auctioneers Board, and the fees are rather high, and include a background check and a test you have to take at the auctioneer board office. They consider people who sell online for others the very same as running an auction house!
Carol K

9) This and That

---> Old Ads
A neat database of over 7,000 advertisements printed in U.S. and Canadian newspapers and magazines between 1911 and 1955. (This is for entertainment only, there is nothing to buy here.) From the Ad*Access Project, funded by the Duke Endowment "Library 2000" Fund. http://scriptorium.lib.duke.edu/adaccess

---> Beware Charity Auctions
If you are considering giving to "virtual" charities, take a look at this article from AuctionWatch. http://www.auctionwatch.com/awdaily/features/charity/index.html

---> Used Cars on eBay
Sellers can get their used cars inspected and post the results when selling them on eBay. http://www.washingtonpost.com/wp-dyn/articles/A44696-2000Jun12.h tml

---> eBay Buys Half.com
In case you missed it, eBay bought Half.com, which we profiled in Issue #9
( http://www.auctionbytes.com/Email_Newsletter/Email_Archives/email _archives.html#halfcom).

---> Harry Potter Strikes Again
Watch out next weekend for a convoy of Fed Ex trucks cruising the streets! The new Harry Potter book becomes available July 8 at 12:01 am, and Amazon.com promised customers they would deliver the books on July 8th via Federal Express at no extra charge. Amazon didn't want the people who show up at bookstores on the 8th to have an unfair advantage over Amazon customers! (Sorry, I can't tell you the title or the plot of the new Harry Potter book - it's a secret.)

---> Declaration of Independence Sold at Online Auction
Sothebys.com auctioned off an original "first copy" of the Declaration of Independence. The buyers said they intend to bring it on a nationwide tour so we can all view it, according to this article. http://2.digital.cnet.com/cgi-bin2/flo?y=esf0ieHP0U0CpNp

---> Brimfield is Next Week!
New England antiquers, the Brimfield antiques show is next week in Brimfield, Massachusetts. For more information, visit Collector's Corner on our Web site and go to the Antiques section. http://www.auctionbytes.com/Collectors_Corner/collectors_corner.htm l#antique

---> And finally, thanks to Donna M. who frequents eBay's Glass Board for a lovely letter to me about how she discovered eBay and passed along the online-auction bug to others!

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Curious about AuctionBytes.com writers and editors? Check out http://www.auctionbytes.com/Write_For_Us/WriterBios/writerbios.htm l.

Want to be an AuctionBytes.com writer? Check out http://www.auctionbytes.com/Write_For_Us/write_for_us.html

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AuctionBytes-Update ISSN 1528-6703
AUCTIONBYTES.COM CONTACT INFORMATION
Editorial: ina@auctionbytes.com
Advertising: advert@auctionbytes.com or 508-655-5697
Letters, Comments, Suggestions: feedback@auctionbytes.com
Want to Write for AuctionBytes-Update? Go to http://www.auctionbytes.com and click on "write for us" to view author guidelines. If you are interested, send email to ina@bibliodata.com.

Ina Steiner, Editor, Publisher and Co-founder:
ina@auctionbytes.com
David Steiner, Webmaster, Technical Editor,
President and Co-founder:
dsteiner@auctionbytes.com
Michele Alice, Contributing Editor
AuctionBytes.com
c/o Steiner Associates
PO Box 668
Natick, MA 01760
508-655-5697
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