<i>In The News</i>: An eBay Boycott, Mold in the Library
- by Michael Stillman
Sellers boycott eBay.
By Michael Stillman
The latest eBay strike has come and gone, and the results were predictable. The strikers may have claimed a moral victory, but the actual victory, as always, went to eBay. It was never in doubt. This was not Obama vs. Clinton, but Obama vs. Kucinich, Ali vs. Chuck Wepner, Google vs. Altavista, the Patriots vs. the Giants (okay, scratch that comparison), or Anybody vs. the Knicks. The outcome was determined before the event occurred.
Statistics compiled by Medved.net indicated a drop of nearly 18% in listings during the first three days of the boycott. Medved is an independent site that adds up and posts the number of listings it finds on eBay. However, listings had already been declining before the strike as items expired from a free listing day a few days earlier. After the first three strike days, listings again began to rise. Ebay claimed the strike had no impact on their business, and while that is unlikely to be entirely correct, it is probably true that it had no important impact. It was well within the easy-to-ignore range.
To use the ultimate measuring tool, eBay's before and after the boycott stock price was virtually the same. The market knows when there is a problem for a company. It found none.
Naturally, no one likes a price increase, and eBay's new formula, which reduces listing fees but increases commissions, is a negative for some sellers. Many others dislike eBay's decision to no longer allow sellers to give negative feedback to buyers, the way buyers can with sellers. A negative feedback or two, possibly unjust, could relegate a seller's items to the bottom of the listings, almost invisible. Some smaller sellers also found provisions which provide better terms for the large seller versus the smalltime amateur. However, eBay made the call, and fair or not, eBay calls the shots. This is not a democracy. This is a take-it-or-leave-it option. Therein lies the rub. Boycott is not either of those two available options.
Sellers will only be able to affect eBay's choices by choosing the “leave it” option. However, that is only going to come about when other viable choices are present, and eBay no longer makes money for them. The new deal may not be quite as good, but it is still profitable for most, and no other comparable options are available. So, another boycott comes and goes, sellers get to vent some of their frustration, and reality marches on. Someday it may be different. Someday, an option superior to eBay may come along. It probably won't be just another website, but something that represents a leap forward in technology, just as eBay was a decade ago. That new technology may be more profitable for eBay sellers, and off they will go, like K-Mart shoppers flocking to Wal-Mart. At that point it won't matter whether those sellers love eBay or hate it. They will go where the money is to be made, just as they logically should. Until then, they will grumble and complain, perhaps rightfully so, and a few may actually leave, but the love-hate relationship will go on.
Bonhams, Dec. 8-18: Autograph Letter Signed ("Martinus Luther") to His Friend the Theologian Gerhard Wiskamp ("Gerardo Xantho Lampadario"). $100,000 - $150,000.
Bonhams, Dec. 8-18: An Exceptionally Fine Copy of Austenís Emma: A Novel in Three Volumes. $40,000 - $60,000.
Bonhams, Dec. 8-18: Presentation Copy of Ernest Hemmingwayís A Farewell to Arms for Edward Titus of the Black Mankin Press. $30,000 - $50,000.
Bonhams, Dec. 8-18: Autograph Manuscript Signed Integrally for "The Songs of Pooh," by Alan Alexander. $30,000 - $50,000.
Bonhams, Dec. 8-18: Autograph Manuscript of "Three Fragments from Gˆtterd‰mmerung" by Richard Wagner. $30,000 - $50,000.
Bonhams, Dec. 8-18: Original Preliminary Artwork, for the First Edition of Snow Crash. $20,000 - $30,000.
Bonhams, Dec. 8-18: Autograph Letter Signed ("T.R. Malthus") to Economist Nassau Senior on Wealth, Labor and Adam Smith. $20,000 - $30,000.
Bonhams, Dec. 8-18: History of the Peloponnesian War by Thucydides Finely Bound by Michael Wilcox. $20,000 - $30,000.
Bonhams, Dec. 8-18: First Edition of Lewis and Clark: Travels to the Source of the Missouri River and Across the American Continent to the Pacific Ocean. $8,000 - $12,000.
Bonhams, Dec. 8-18: Original Artwork for the First Edition of Neal Stephenson's Groundbreaking Novel Snow Crash. $100,000 - $150,000.
Bonhams, Dec. 8-18: A Complete Set Signed Deluxe Editions of King's The Dark Tower Series by Stephen King. $8,000 - $12,000.
Bonhams, Dec. 8-18: Autograph Letter Signed ("John Adams") to James Le Ray de Chaumont During the Crucial Years of the Revolutionary War. $8,000 - $12,000.
Sotheby’s Book Week December 9-17, 2025
Sotheby’s, Dec. 17: Francesco Colonna. Hypnerotomachie, Paris, 1546, Parisian calf by Wotton Binder C for Marcus Fugger. €200,000 to €300,000.
Sotheby’s, Dec. 17: Nausea. De principiis dialectices Gorgias, and other works, Venice, 1523, morocco gilt for Cardinal Campeggio. €3,000 to €4,000.
Sotheby’s, Dec. 17: Billon. Le fort inexpugnable de l'honneur, Paris, 1555, Parisian calf gilt for Peter Ernst, Graf von Mansfeld. €120,000 to €180,000.
Sotheby’s Book Week December 9-17, 2025
Sotheby’s, Dec. 16: Salinger, J.D. The Graham Family archive, including autographed letters, an inscribed Catcher, a rare studio photograph of the author, and more. $120,000 to $180,000.
Sotheby’s, Dec. 16: [Austen, Jane]. A handsome first edition of Sense and Sensibility, the author's first novel. $60,000 to $80,000.
Sotheby’s, Dec. 16: Massachusetts General Court. A powerful precursor to the Declaration of Independence: "every Act of Government … without the Consent of the People, is … Tyranny." $40,000 to $60,000.
Heritage Auctions Rare Books Signature Auction December 15, 2025
Heritage, Dec. 15: John Donne. Poems, By J. D. With Elegies on the Author's Death. London: M[iles]. F[lesher]. for John Marriot, 1633.
Heritage, Dec. 15: Edgar Rice Burroughs. Tarzan of the Apes.
Heritage, Dec. 15: F. Scott Fitzgerald. Tender is the Night. A Romance.
Heritage, Dec. 15: Jerry Thomas. How to Mix Drinks, or the Bon-Vivant's Companion, Containing Clear and Reliable Directions for Mixing All the Beverages Used in the United States…