December 12, 2014
*THE POWER OF THE eBay MARKETPLACE
It won't be long before eBay sets a few multi-million dollar world record prices in stamps and coins, as it has in other collectibles.
We had the pleasure recently of participating in an interview with a prominent industry publication. The author was interested in writing an article about our corporate positioning and strategic objectives within the eBay marketplace as well as some of our unique tactical advantages, such as our unique consignment functionality. While he found these aspects compelling, he was actually digging deeper into a better understanding of the key drivers of our business. All good writing is about a revelation. So he wanted to know why we were so heavily invested in the eBay marketplace, when there are already so many well established traditional models available such as b&m auctions, shows, mail order and so on.
We told him that eBay has been a game changer in the stamp and coin industry. While shows and other traditional vehicles continue to hold many of the same value propositions, eBay has literally redefined the landscape. Certainly, global reach has proven to be a very rewarding experience for buyers and sellers. But, cross border trading is just a minor added value compared to the much more profound fundamentals at work.
A traditional auction can be an exciting event in itself. Yet, that event remains a periodic inflection point within the natural economic flow of market forces. The eBay timeline exhibits a much more structured continuity. It is the new natural flow. Whereas a traditional auction speaks to an isolated event in a vacuum, bidding and buying on the eBay marketplace are consistent with community connectivity framed within a daily routine. Our clients buy from us on eBay, every day of every week of every month, some spend many, many thousands of dollars on an unfettered regular basis. This unbridled interaction speaks to several key factors that drive the marketplace. The eBay auction format is actually a tremendous subliminal mechanism directly connected to the collective wisdom of the community. This powerful platform provides unspoken assurances. The non-verbal communication that runs through each interactive bid constantly reaffirms the strength and validity of the market.
So, to answer the reporter's question, we at Noblespirit are as heavily invested in eBay with our proprietary technology and dedicated infrastructure because the buyer community, as global as it may be, is intricately connected and meshed together here like no where else on the planet. This community of buyers is actually a singular definitive group. Comprised of both entry level as well as advanced collectors and investors, the exchanges that take place every day on eBay establish the foundation upon which the market is built. The next traditional auction catalogue you pick up may be their idea of what the market is or where it should be. On eBay, the market is what each and every one of you say it is, each and every single day. The shift has already taken place. The strength of the market is self-evident in the ever growing ever exponential numbers of buyers and transactions.
In addition to over 600 1c NO RESERVE lots of individual stamps, coins and collections, you will find an exhilarating dealer stock of British Commonwealth that will be carefully grouped into relevant country specific lots. These lots will contain all the most desirable and valuable sets, many up to and including the Shilling and Pound Sterling top of set values! An estate valued at tens of thousands of dollars, this is an opportunity to discover scarce and rare items as well as acquire those elusive issues that have been absent from your collection.