You might have heard there’s a global semiconductor shortage going on, and that PC graphics cards in particular are nearly impossible to find. What you probably haven’t heard is that the situation has steadily been growing worse — to the point some GPUs are worth triple their MSRP.
Above, you’ll see a photo of two graphics cards, the $499 Nvidia GeForce RTX 3070 and the $579 AMD Radeon RX 6800. In December, I calculated that the true street price of these cards had reached $819 and $841, respectively, or $1,660 for the pair.
That very same photo now contains $2,570 worth of GPUs. That’s not the asking price, mind you; people are actually paying over $1,200 on the open market, on average, for each of these graphics cards. And that isn’t even as bad as it gets.
This past week, I ran the PS5, Xbox Series X, and each of Nvidia’s and AMD’s new graphics cards through an open-source eBay scraper tool to figure out how much they’re worth on average over a seven-day period (big thanks to data analyst Michael Driscoll), then spent a handful of hours validating the results and weeding out fakes.
TL;DR: while the PS5 and Xboxes have actually cooled off a bit, you’ll pay double, even triple for a new AMD or Nvidia GPU.
GPU, PS5, Xbox street prices: March 2021
|Item||Retail price||Street price (Dec 2020)||Street price (Mar 2021)||Current value|
|Nvidia RTX 3090||$1,499||$2,076||$2,985||1.99x|
|Nvidia RTX 3080||$699||$1,227||$2,160||3.09x|
|Nvidia RTX 3070||$499||$819||$1,239||2.48x|
|Nvidia RTX 3060 Ti||$399||$675||$1,226||3.07x|
|Nvidia RTX 3060||$329||N/A||$828||2.5x|
|AMD RX 6900 XT||$999||Did not check||$1,841||1.84x|
|AMD RX 6800 XT||$649||$1,232||$1,555||2.4x|
|AMD RX 6800||$579||$841||$1,331||2.3x|
|AMD RX 6700 XT||$479||N/A||$1,169||2.4x|
|Xbox Series X||$499||$835||$805||1.61x|
|Xbox Series S||$299||$471||$432||1.45x|
Frankly, I’m not sure which numbers are the most staggering here. Is it that the supposedly $329 RTX 3060 fetches over $800 on average, or that the RTX 3090 and 3080 are each worth $900 more than they were just three months ago? Or maybe is it that my own 3060 Ti, which I finally managed to snap up for its retail price of $399 after months of trying, could sell for $1,200 now?
I also looked at just how many of these items are actually getting sold on eBay, which can give you an idea of just how skewed the supply / demand equation is. For instance: over a seven-day period, eBay moved 5,284 PS5 consoles, and yet plenty of PS5s that were listed didn’t sell. PS5 scalping is becoming less profitable, eBay’s getting flooded, and things are slowing down.
How many PS5s, Xboxes, and GPUs changed hands?
|Item||# of listings|
|Xbox Series X||1,518|
|Xbox Series S||960|
|Nvidia RTX 3090||372|
|Nvidia RTX 3080||384|
|Nvidia RTX 3070||505|
|Nvidia RTX 3060 Ti||141|
|Nvidia RTX 3060||782|
|AMD RX 6900 XT||106|
|AMD RX 6800 XT||107|
|AMD RX 6800||83|
|AMD RX 6700 XT||98|
Yet on the PC GPU side of things, it’s the opposite. Every single GPU seems to be selling unless they’re listed well above the average sale price, and there are precious few of them to go around — just 83 of AMD’s RX 6800 and 141 of Nvidia’s RTX 3060 Ti changed hands during the same seven-day period as far as I can tell. There’s nothing here to suggest scalping will slow anytime soon.
It doesn’t help that the actual retail prices of these graphics cards have been edging northward, too. Whether it’s a reaction to the Trump tariffs or a blatant attempt to get a piece of the action, the GPUs that I actually do briefly see for sale at Amazon, Best Buy, and the Neweggs of the world are often far, far above the prices that AMD and Nvidia suggest, like an $840 RTX 3070 or a $900 RX 6800. The average list price for a $329.99 RTX 3060 was $471 on launch day. And while Newegg’s raffle originally seemed like a potentially fair way to pay retail, it’s almost become a parody now:
And yet when that $330 video card that you buy for $540 might get scalped for $830, it’s hard to be surprised when MSI and Newegg decide they want to extract a couple hundred dollars of that for themselves.
The question, as always, is when AMD and Nvidia are going to be able to produce more than a trickle of new graphics cards to address this pent-up demand, and I’m afraid the tea leaves aren’t looking particularly good. AMD’s promise of making “significantly more GPUs available” and regularly refreshing stock at its own website haven’t made a meaningful dent so far. And while Nvidia previously warned that it might take until late April for things to turn around, Digitimes now says sources at graphics card manufacturers expect Nvidia’s 30-series GPUs to stay in short supply through the third quarter of 2021.
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The latest in the global semiconductor shortageView all 27 stories Sours: https://www.theverge.com/2021/3/23/22345891/nvidia-amd-rtx-gpus-price-scalpers-ebay-graphics-cards
Watch out humans, fake Nvidia RTX 3090s are selling on eBay to catch out bots
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Auction site eBay has long been used by scalpers to sell their jacked up computing components like Nvidia’s RTX 3000 graphics cards, but it now looks like consumers are using the platform to fight back.
If you search on eBay for an Nvidia RTX 3080 or 3090 you’ll find a slew of GPUs selling at a fairly steep markup, though in amongst the few thousand dollar/pound options you’ll spot some at a bargain price. But, be warned: no matter how good those deals look, don’t buy them.
Reading the descriptions lower down on the product’s page you’ll see that you are in fact only bidding on an A4 image of the graphics card. The description will often advise humans to stay away, saying that the listing is intended to catch out bots like this one we found selling for $1,250 (£735 / AU$ 1,310) at the time of writing.
How to avoid getting scammed
The point of these scam listings is to trick people or bots into bidding money on something worthless, so they are purposefully easy to fall for. So what can you do to help yourself avoid them?
Make sure to read the listing’s name and description all the way through. Scammers will often write that what you are buying is an image or a fake somewhere in there. This is because the description is often hidden off the screen, so unless you are checking the page thoroughly, you likely won’t notice, and when you request a refund they can then claim that you were informed that what you were purchasing wasn’t actually a graphics card.
Also be wary of any ‘too good to be true’ deals, as they probably aren’t real. While you can get lucky with a bargain on these auction sites, you can also easily get stung, and it can even happen with more expensive listings like the $1,250 one above.
You can always use the eBay help service if you need a hand reporting a scam or requesting a refund. We’ve reached out to eBay for more specific help on what to do with these kinds of listings.
Hamish is a Staff Writer for TechRadar, having previously written for the site and Gfinity Esports as a freelance writer. He has been writing about tech and gaming for multiple years, and now lends his experience to cover news and reviews across everything on TechRadar (from Computing to Audio to Gaming and the rest). In his free time, you’ll likely find Hamish humming show tunes while building Lego or playing D&D with his mates.
NVIDIA’s RTX 3080 went on sale September 17 and instantly sold out upon release. However, many buyers have already put the highly coveted graphics card on eBay for exorbitant selling prices. There are even some currently bidding on an RTX 3080 Founders Edition for $80,600 USD.
Although many speculated the product would be in short supply until the tail-end of 2020, none expected it would get so much attention. As of now, the eBay listing has been taken down. But there are some listings going as high as $60,000 USD with 81 bids and 68 watchers.
Most notable about most of these pricy bids is that folks are bidding to purchase someone else’s pre-orders from retailers rather than the physical card already in the seller’s possession. One of these pre-ordered GPUs have already sold for $50,000 USD soon after the card debuted at $699 USD retail.
It is still suggested that potential buys keep a lookout on NVIDIA’s RTX 3080 hub page, where additional information for pricing and availability will be updated.
In related news, AMD is slated to present its upcoming graphics card, the Radeon RX 6000.
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Text ByIsaac Rouse
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Fake Nvidia RTX 3090s selling on eBay to trick bots — don’t fall for this
Scalpers love sites like eBay, because it means they have somewhere to peddle their ill-gotten gains. But it looks like eBay is becoming a new battleground against scalpers and their bots, with fake listings that look too good to be true — because they are. That bargain Nvidia GeForce RTX 3090 you’re about to buy isn’t a graphics card at all. It’s a picture designed to confuse bots.
Selling pictures of in-demand products is nothing new. We’ve already seen scammers attempt to sell photos of the PS5 for outrageous prices, and that’s exactly what’s happening here. So you need to be careful and make sure you don’t get scammed.
A lot of these listings are being put up with the intention of catching bots. If scalpers spend thousands of dollars on photos, which are completely worthless, the logic is that they won’t have that money to spend on genuine GPUs.
Take this listing, for instance, which currently has over 5 days to go, and has already clocked up 14 bids. Scroll down to the bottom of the page, and you’ll see that the listing is actually for a hand-drawn image of the 3090, not the card itself. Another listing, which has amassed over $1,400 in bids at the time of writing, promises a high-quality photo of the card, and not the card itself.
Several of these listings warn humans that they should not be bidding on this stuff, and that it’s designed to catch bots. These tricks are not restricted to the 3090 either, as this listing for the Nvidia GeForce RTX 3080 shows. In spite of a clear photo of a printed picture, and other warnings from the seller, it’s still amassed 23 bids, totaling over $1,000.
There's more going on behind the scenes
The creator of one of these listings spoke to Tom's Guide, and explained part of what's going on here. This lister never intended to let their auction go to completion, and the listing had more to do with personal curiosity about how RTX 3090 auctions are being handled.
That's because hosting your own auction is the only way to see exactly who is doing the bidding. There may be other users out there doing exactly the same thing, particularly since a number of these listings are coming from accounts with high feedback scores.
In this case, there did seem to be one real person caught up in the bidding, as their account has a solid transaction history. Everything else seemed to be coming from bots.
The lister explained that there are two different kinds of bots out there. The first are the obvious bots working for scalpers, which are buying up as much stock as they can. The second kind are the "whitehat" bots, which are artificially inflating prices to the point where ordinary people can't afford them.
That way, ordinary people can't fall victim to any opportunistic eBay scammers, while scalpers waste their time on bots that "win" auctions with no intention of paying.
How to avoid getting scammed
Whether these listings are designed to trick bots, or up there for reasons of personal curiosity, they are still technically scams. You don't want to go through the hassle of winning a picture, rather than the actual GPU you were expecting. Your best option is to not bid on any fake listings in the first place.
The main thing to remember is that if a deal seems too good to be true, it probably is. The RTX 3090 has a $1,499 MSRP, and is basically impossible to find. So any listings under that price are automatically suspicious. More so if they’re quite close to ending.
The second thing to remember is to check the listings' title and description for any indication that it may not be a real product. A lot of the descriptions I’ve seen are fairly upfront about that fact in the description, even if the rest of the listing suggests that it’s a brand new and unopened graphics card.
The title may also contain clues that this isn’t meant for legitimate people, such as claiming it’s a print, image, or something of that nature. One listing we saw even referred to the 3090 as a “jpegedition”, though it doesn’t have any bids right now.
If you do think that you’ve fallen for a scam and bid on a dodgy listing, try and cancel your bid. eBay has instructions on how to do this, so read through them and do everything you can. In a worse case scenario where you can’t cancel your bids, and you end up winning, don’t hand over any money. Message the seller and tell them the situation, At best they will cancel the sale, at worst they will send you nasty messages. Either way it’s better than giving them your money.
Your best bet to avoid scams is to ignore all the aftermarket sites altogether. Not only does that make it harder for scalpers to profit from their actions, it means you're not at risk of some random seller scamming you for an entire month's salary. So make sure to check out our guide on where to buy Nvidia GeForce RTX 3090, and keep your eyes peeled for legit restock news.
Tom covers a little bit of everything at Tom’s Guide, ranging from the latest electric cars all the way down to hot takes on why Christopher Nolan is wrong about everything. Appliances are also muscling their way into his routine, which is a pretty long way from his days as Editor at Gizmodo UK. He’s usually found trying to squeeze another giant Lego set onto the shelf, draining very large cups of coffee, or complaining that Ikea won’t let him buy the stuff he really needs online.
Rtx 3090 ebay nvidia geforce
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