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Example: two of the same card are sold on eBay, one for $10.00 with free shipping and another for $5.00 with $5.00 shipping, when you submit it here as a price they average to $7.50.

That makes no sense. The logical thing is to say the card value is $10.00 because each buyer paid $10.00 for it.

All I can say is that if you go into past forums you'll find plenty of discussion on this to inlcue a lengthy thread not too long ago. Drudging up again, well.... 

Well then maybe instead of asking why, I should have just said "In my opinion shipping should be included." Just a statement with justification, I think it should be included. There done.

I disagree. If you paid $10 for the card, that's the cost of the card. If shipping was $20 would you say the value of the card is $30? The price of the card and the price of shipping are two different subjects. It may have cost you $30 but that is not the card value.

So in the above scenario you seriously believe you paid more for the card with free shipping. Even though $10 is out of your pocket either way. 
 

Wow. 

   You are only looking at the scenario from your (the buyer's) perspective.  Yes, in both cases you are spending $10 to acquire the card.  However, both sellers (who may also be reporting card prices to TCDb) still have to pay for postage to get that card to you.

Seller #1 offered no cost to you, but they still had to pay $5 to ship it, so they only made $5 profit on the sale, therefore, the card is only "worth" $5 to them.

Seller #2 asked you to cover the cost of postage + $5 for the card itself.

   This can lead to several different reported "values":

$5 (if postage is accounted for and removed from the valuation on both sides)

$6.25 (if all parties in each transaction report perceived card values, minus the postage they paid = $10 & $5 [buyer], $5 & $5 [sellers])

$7.50 (if only the buyer reports perceived value)

$10 (if all buyers & sellers report the total of card price + postage)

   This would only get worse with larger orders.  What if you bought hundreds of cards or a complete set?  Do you apply 1/800th of the postage costs to each card?  If you request Priority Mail delivery, does that improve the value of your card?  If you buy a card at a show or LCS, do you include a portion of the admission price, parking fees, gas money, etc?

   Pricing of cards is a "ballpark" figure (pun completely intended), which is why so many members choose to ignore or not strictly adhere to the reported prices, here & on other sites.

   Report prices as you see fit, but remember that others may not agree with your (or another member's) assessment.

Further, unless the sites pricing system has changed, the prices submitted are not actually averaged rather the median price of the last 5 prices submitted is noted as the "value" . So for example if the last 5 prices were say $5, $10, $15, $10, and $5 the price in this instance turns out to be $15.

That isn't what median means. In your scenario it would be $5 $5 $10 $10 $15. So the median would be &10.

Your scenario is false. The buyer has not actually paid the actual postage. If the postage and supplies are $1.25 and they charge $5 then $3.25 is profit towards the sale. 
 

The card show admission is also false. You may have paid to enter the show. If so, you paid for the show, to check out the tables, to see a Bird Magic RC that you may have only read about, to argue that the DH prolonged careers that would have ended earlier. You may leave a show feeling a great value and entertained without making a purchase. The show is separate from the card you purchased. 

Gatorade96, I appreciate your thoughts on this but I still disagree. If you bought a card for $10 and shipping is $5 then the card is worth $15 to YOU. It's still a $10 card.