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The GPU Price Index, October 2021

GPU Price Index: eBay Charts
(Image credit: Tom's Hardware)

Our GPU price index tracks all the best graphics cards and the latest additions to our GPU benchmarks hierarchy. We scrape eBay's historical data to get details on what sort of prices people are paying for GPUs. We track current Nvidia Ampere and AMD Big Navi generation GPUs, and also provide monthly updates on the previous generation graphics cards.

The previous update had cryptocurrency prices dropping to the lowest levels in several months. Now? Yeah, both Ethereum and Bitcoin have rebounded, with Bitcoin now hitting it's all-time high — it's currently at $64.1K. Ethereum sits at $3,845, not quite a record, and as usual the volatility means either one could go up or down at a moment's notice.

We're going to provide a look at the first two weeks of October for this update, along with the full month of data for September for current and previous generation graphics cards. Unfortunately, despite the fluctuations in crypto prices, graphics card prices have remained relatively stable — which means relatively high, if that's not clear. Let's start with the October 1–15 data.

Ampere and RDNA2 GPUs: eBay Pricing Over Two Weeks
GPUAvg eBay PriceQTY SoldGross Sales
GeForce RTX 3090$2,704686$1,854,635
GeForce RTX 3080 Ti$1,830681$1,246,223
GeForce RTX 3080$1,637884$1,447,011
GeForce RTX 3070 Ti$1,111694$771,228
GeForce RTX 3070$1,1381098$1,249,700
GeForce RTX 3060 Ti$8991630$1,465,549
GeForce RTX 3060 12GB$6951235$857,732
Radeon RX 6900 XT$1,501132$198,074
Radeon RX 6800 XT$1,287131$168,644
Radeon RX 6800$1,234113$139,399
Radeon RX 6700 XT$848457$387,737
Radeon RX 6600 XT$629404$254,128
Radeon RX 6600$57819$10,977

Compared to our previous update, there are plenty of fluctuations, but nothing that really stands out. eBay prices on the Radeon RX 6600 XT increased by nearly 8% compared to late September, while prices on the RTX 3070, RTX 3070 Ti, and Radeon RX 6800 all dropped 5–7%, and everything else showed up or down swings of 3% or less. That's basically just margin of error stuff, and as you'd suspect, there's a correlation between the current supply and prices.

The number of RX 6600 XT cards sold dropped by 44%, which likely explains the price upswing. RTX 3060 sales also dropped by 22%, though the price wasn't really affected. At the same time, GeForce RTX 3070 and GeForce RTX 3070 Ti numbers were both up — 48% in the case of the 3070 Ti — which would explain the slightly lower prices.

The total number of Nvidia RTX 30-series GPUs sold in this 15-day period is within 1% of the number of cards sold in our previous update, while AMD's RX 6000-series GPU numbers (sold on eBay) dropped by 14%. That's despite the arrival of the Radeon RX 6600, though it came out right at the end of our data collection period and only accounted for 19 sales on eBay.

Ampere and RDNA2 GPUs: eBay Pricing for September 2021
GPUAvg eBay PriceQTY SoldGross Sales
GeForce RTX 3090$2,7021445$3,904,520
GeForce RTX 3080 Ti$1,8311263$2,312,629
GeForce RTX 3080$1,6771910$3,203,567
GeForce RTX 3070 Ti$1,172935$1,096,213
GeForce RTX 3070$1,2101923$2,326,330
GeForce RTX 3060 Ti$9153331$3,049,397
GeForce RTX 3060 12GB$7003087$2,160,684
Radeon RX 6900 XT$1,546189$292,273
Radeon RX 6800 XT$1,323321$424,616
Radeon RX 6800$1,293148$191,370
Radeon RX 6700 XT$858838$719,038
Radeon RX 6600 XT$5911236$730,686

We're adding a look at the monthly pricing data for both current and previous generation GPUs, starting with the latest Ampere and RDNA 2 offerings. The RX 6600 didn't come out until October 13, so it's not listed yet, but everything else has been available for at least a month. Compared to the August data for the latest GPUs, prices were generally higher in September while supply (units sold) was far more variable.

For Nvidia's Ampere GPUs, everything in the charts has been out since June at least, giving plenty of time for the supply and pricing to "stabilize." The supply of RTX 3090, 3080 Ti, 3060 Ti, and RTX 3060 were all higher than in August, by anywhere from 10% to as much as 30%. RTX 3080, 3070 Ti, and 3070 units sold were down by 18–23%. There's no clear pattern, in other words. Prices didn't change all that much, with the RTX 3090 increasing by 8% month over month but everything else changing by 4% or less.

AMD's RDNA2 GPUs tell a similar story. Units sold was up 23% on the RX 6900 XT, though total sales was still only 189. The RX 6600 XT also had its first full month of availability, and it accounted for half of all the AMD GPUs sold. Pricing was stagnant on the 6900 XT, increased by 10% for the 6800 XT, 13% on the RX 6800, 4% on the RX 6700 XT, and dropped by 6% on the RX 6600 XT. Total AMD GPU sales were up 34% overall, but again that's all because of the RX 6600 XT.

Turing and RDNA GPUs: eBay Pricing for September 2021
Monthly Previous Generation Graphics CardsAvg eBay PriceQTY SoldGross Sales
GeForce RTX 2080 Ti$1,110298$330,645.90
GeForce RTX 2080 Super$817209$170,702.84
GeForce RTX 2080$764179$136,738.10
GeForce RTX 2070 Super$663216$143,184.24
GeForce RTX 2070$747435$325,114.65
GeForce RTX 2060 Super$667206$137,303.12
GeForce RTX 2060$538421$226,443.27
GeForce GTX 1660 Ti$499268$133,729.32
GeForce GTX 1660 Super$514604$310,637.20
GeForce GTX 1660$426288$122,693.76
GeForce GTX 1650 Super$333227$75,509.28
GeForce GTX 1650$311424$132,071.76
Radeon RX 5700 XT$8931226$1,095,136.76
Radeon RX 5700$808121$97,806.72
Radeon RX 5600 XT$617169$104,215.54
Radeon RX 5500 XT 8GB$42770$29,922.20
Radeon RX 5500 XT 4GB$33519$6,356.45

The previous generation GPUs are mostly no longer in production, but units still continue to change hands. AMD's RX 5700 XT was the biggest seller, by far, with 45% more cards sold in September than in August, and average prices on those cards increased from around $850 to nearly $900. That's because the RX 5700 XT remains one of the better GPUs for mining.

The RTX 2070 also showed a rather large spike in units sold, going from 320 in August to 435 in September. Oddly, the RTX 2070 Super showed a similar drop in units sold, so perhaps there's some confusion about naming on those cards (though we attempted to account for this).

Besides those two GPUs, all of the other previous generation graphics cards show fewer units sold in September than August, which is what we'd expect from discontinued hardware. Prices meanwhile were up on virtually every card, with the only exceptions being the RTX 2080 Super and RTX 2070 Super — the former basically didn't change in price while the latter dropped by 7%. Month over month, pricing on the previous generation GPUs increased by about 5%.

Summary: GPU Supply Remains Very Limited

Shipping containers

(Image credit: Shutterstock)

While China's crackdown on cryptocurrency mining and general use continues, it appears most mining operations have managed to migrate to other countries. Bitcoin's total network hashrate hasn't quite reached its all-time high, but the Ethereum network now has 15% more total hashing power than it's previous peak in May. That's not too surprising to see, based on the continued extreme pricing we see for graphics cards sold on eBay.

When you also factor in the difficulties in getting shipments around the world, it's a safe bet that we won't see anything approaching "reasonable" pricing on graphics cards for some time. AMD and Nvidia have both attempted to build up supply for new GPUs prior to launch, but everything always sells out in a day or less, and then prices shoot up at other online stores. Sadly, eBay pricing on some GPUs is actually about the same as you'll find for cards sold through the Newegg Shuffle.

Given the current upward trend in Bitcoin and Ethereum prices, we can't expect help from that area either. I talked about the Radeon RX 6600 launch in a recent episode of the Tom's Hardware Show, and speculated that large mining groups still see an upside to cryptomining. Right now, even though it might take a year or more to break even on the hardware costs, that's still likely better than many other potential business plans. Unfortunately, that means big miner groups are almost certainly still buying plenty of graphics cards for mining, they're just not using them in China.

Hopefully you already have a reasonable graphics card and can continue to use that. If not, console gaming might be an option, but getting one of the latest consoles is also difficult. At the same time, paying $750 for a console plus controllers and getting a game or two thrown into the bundle generally makes more financial sense than spending $750 on a PC graphics card that's technically slower than either the PlayStation 5 or Xbox Series X (I'm looking at you, RX 6600, RX 6600 XT, and RTX 3060).

Jarred Walton

Jarred Walton is a senior editor at Tom's Hardware focusing on everything GPU. He has been working as a tech journalist since 2004, writing for AnandTech, Maximum PC, and PC Gamer. From the first S3 Virge '3D decelerators' to today's GPUs, Jarred keeps up with all the latest graphics trends and is the one to ask about game performance.

  • Kridian
    "The most desirable cards are now selling for close to triple their official launch prices."And THAT my friends, is why we don't buy sh*t on eBay (aka: Scalper's Haven).
    Reply
  • exploding_psu
    Me blindly buying a second-hand Vega 56 above MSRP years ago didn't look so bad now
    Reply
  • Sat32
    This scalping <Mod Edit> needs to end and Nvidia, ASUS, EVGA, MSI, Sony could stop this if they wanted to in a second.
    Years ago I ended up with a DVD exercise program P90 I think, since I didn't want it I listed it on ebay took about 15 minutes for the add to be pulled for copyright infringement.
    I wasn't a authorized dealers and P90 was there copyrighted trademark like Nvidia, ASUS, EVGA, MSI, Sony are all copyrighted trademarks so they do have the ability to stop this.
    People should be able to sell there stuff on ebay and make money but not in this way sucking everything up from every retailer amplifying the shortages for there own benefit.
    Nvidia could simply ask for every add that uses there copyrighted trademarks more then 10% above MSRP pulled down the scalping and bots would disappear overnight.
    Reply
  • ThisIsMe
    Only eBay can stop this in a heartbeat. All they have to do is ban people from selling new graphics cards or game consoles or whatever for 6 months. That’s it. People need to wise up and boycott eBay altogether until they wise up.
    Reply
  • excalibur1814
    You know what else needs to stop, on eBay? 0 feedback accounts.

    I've been watching Nikon Z6 auctions for over a month and EVERY single one is bid up to around £850. EVERY. Single.One. All tech item prices are seemingly being inflated and that benefits oems, eBay and share holders. It's annoying. It's obvious. It's so obvious, yet most threads are full of people shouting that it isn't an issue and that there's nothing going on.

    Yeah, okay.
    Reply
  • LolaGT
    It used to be really easy to track on auction sites with a little detective work.
    It has been many years now since ebay hid the bidding IDs so it was almost impossible to confirm it, and of course now that you can't see the obvious, it doesn't happen as far as ebay is concerned.


    Shill bidding in auctions is the deliberate placing bids on the seller's behalf to artificially drive up the price of his auctioned item. Shill bidding has been known to occur in auctions of high-value items like art and antiques where bidders' valuations differ and the seller's payoff from fraud is high.
    Reply
  • Clarence_Darrow
    ThisIsMe said:
    Only eBay can stop this in a heartbeat. All they have to do is ban people from selling new graphics cards or game consoles or whatever for 6 months. That’s it. People need to wise up and boycott eBay altogether until they wise up.

    Ebay makes far too much money to ever do this willingly.
    Reply
  • daworstplaya
    Clarence_Darrow said:
    Ebay makes far too much money to ever do this willingly.

    ^This!
    Honestly in this climate MS and Sony should just stop selling their consoles for a loss and sell the consoles for a higher price themselves and keep the profits vs allowing these low life scalpers (aka leeches) to make a quick buck.

    GPUs are a different story though, what needs to happen is for all the Cryptocurrency servers to be shut down in China and where ever else they are currently running. Kill Crypto and this whole thing goes away. There is absolutely no reason from Crypto currency ponzi scheme to exist.
    Reply
  • blacknemesist
    At least mining is getting diminished returns, hopefully it keeps dropping more and more and not only do they stop buying they will need to sell them to cut their losses.
    I would be happy if all gamers boycotted the 3xxx series just to let crypto crappers suffer all the losses but that isn't going to happen,
    Reply
  • Sat32
    Ebay is making money off the scalpers there is no reason for them to stop it. On the other hand Nvidia and it's vendors are dealing with pissed off customers and losing sales with tie in sales. I suggested a solution to this issue one call from one of Nvidia's lawyers letting ebay, stock-x, Facebook market place know if there products are sold on there sites all sellers will need to be authorized resellers. or they can expect legal action seeking damages for copyright infringment
    Reply