At that price I’m sure you’d find some interest here on the forums. I myself might even be a buyer. I don’t blame Newegg. They probably have some deal with a company wanting cheap GPUs and pitched them this idea to procure them at a discount while giving Newegg a cut of the action as I’m sure their GPU business has slowed considerably.
Newegg also sells used and refurbished graphics cards, so I'm sure they don't need a partner to buy used graphics cards. They definitely won’t buy bad or broken video cards, because their specialists will do a good check. And I think the buyer will pay for all the shortcomings.