Quote:
Originally Posted by orly57
You offer the guy $10. If there is no resale value, that is more than he would get from anyone else. But as mentioned above, I understand that is not the point of your hypothetical. Perhaps a better question would be "would you buy a baseball card even if you were guaranteed to make zero profit or take a 20% loss when you sell it?" This may help us get to the root of your hypothetical, which I sense is really asking if we buy for the love of the hobby or solely for the investment potential.
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This is my life everyday. I don't know where everyone gets their great deals at. I scour ebay, AH's, BST, everywhere. If I am buying right, it is usually around VCP because there is someone else willing to pay VCP (thus the market price).
I buy these cards for my intrinsic enjoyment. I have a completion gene and each set that I buy I think about getting shoo'd away from the dealer who has the table set up in the middle of the mall. All of the cards that I couldn't afford back then and would only look at in awe now are part of my collection.
However, based upon just getting what I have out of it but paying 10% in ebay fees, paypal fees or AH, I know that I am 13-20% under water just to breakeven. Every day that I buy something, the spread between what I paid for it and what I can get back grows a bit more.
So, in your example, my answer in a resounding yes. It is what I do every day. But, I open my safe and I look at those cards and no one ever tries to shoo me away from my own collection and that is worth the 20% for me.