Auction for the $21,580 Jeremy Lin Card Falls Through
$21,580 is getting harder and harder to collect these days.
I received an email from Yair Rozmaryn, seller of the infamous Jeremy Lin card that saw a winning bid of $21,580 last week on eBay, updating the status of his auction. According to Rozmaryn, the buyer has not paid for the card and has not responded to numerous contact efforts since the completion of the auction.
I was afraid this would happen.
The buyer had a feedback score of 147 but it was not without blemish. There were three negative feedbacks attached to his record within the last year. While that is not a kiss of death in the eBay world, it would certainly make one an at-risk suitor in high-dollar auctions.
I suggested to Rozmaryn that he should try to contact some of the other higher pedigree bidders with four figure feedback scores. He informed me that he had already done that and had not received any responses. Undaunted, Rozmaryn is moving forward. He's made contact with others in the collecting community to tell them about the impending relist of the card.
The odds are long that the Lin card will garner the same level of attention the second time around. The poor performance the Knicks point guard suffered through against the Heat will surely serve as a warning for many potential bidders.
If I was Rozmaryn, I would consider opening up an eBay store to list the Jeremy Lin card. Ebay offers a free one-month trial for their storefront feature. A listing in an eBay store costs just 20 cents and is active for 30 days before needing to be relisted.
The market for Lin's cards has softened considerably since his dreadful performance against the Miami Heat on February 23, ironically the same day the auction closed. Hopefully, a longer term auction would allow for the sensation to rekindle some of the magic that made him a household name overnight.