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Old 04-16-2014, 06:51 AM
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h2oya311 h2oya311 is offline
Derek Granger
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Join Date: May 2009
Location: Phoenix
Posts: 3,402
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Quote:
Originally Posted by ullmandds View Post
i DON'T KNOW WHAT MOST PEOPLE DO...BUT i BID WHAT i AM COMFORTABLE PAYING FOR A CARD...USUALLY WITHOUT CONSULTING ANY PRICE GUIDES/vcp.
I sure hope you and someone else w/ your buying philosophy are bidding on my consignments!!! It's amazing how many graded cards sell for close to VCP, even for rare cards w/ only a few graded specimens.

I use VCP, but always look at the actual sales, photos, and avenue of sale when thinking about a fair price. It can be dangerous though. I once purchased a few t205 from a small AH thinking I got some bargains, but t205 prices realized had recently fallen and I was using 2012 values for some of the rarer ones. I didn't take a bath, but I certainly didn't get any return on my investment. This serves as a constant reminder to me of three things: (1) I am not a dealer, (2) only but cards you want, need, or for which you have expertise, and (3) exercise caution when using VCP, even when used appropriately.

Remember, a card needs only two bidders to realize a certain price...if one of those two guys no longer needs a card or isn't paying attention, the subsequent sale will invariably be much lower than the previous sale...the laws of supply and demand can be a bitch sometimes!!
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HOF "Earliest" Collection (Ideal - Indiv): 244/342 (71.4%)
1914 T330-2 Piedmont Art Stamps......: 114/119 (95.8%)
1923 V100 Willard's Chocolate............: 177/180 (98.3%)

Last edited by h2oya311; 04-16-2014 at 06:52 AM.
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