How to Buy a Collection

[insidethewrapper]

I don't buy collections very often. What is the art of buying a collection ? Any advice is welcomed !!!
Do you offer a specific percentage based on ( current market, book price or other factors etc ) ? Do you base it on what you plan to keep vs sell ?
If a card is near mint and book price is $ 100 and you know if you grade it , it will become a $1000 card, what do you offer ( show them the book) ? What do you carry with you ( I can't memorize all the prices ).

Any advice is welcomed !!!

[rhettyeakley]

It depends on the situation. If it a rare collection you may have to pay pretty strong relative to the value of the items, on the other hand if you are buying somewhat common or low-demand items then one does not expect to sell them at or anywhere near market value. Often times collections like that will take a long time to liquidate will sell for only a small fraction of what any book may tell you.

At the end of the day a collectible is only worth what someone is willing to pay. Without knowing more about the situation and the types of items being offered it really makes it tough to give a good opinion in this case.

-Rhett

[Bkrum]

Great topic....will be interesting to see the responses. I’ve always wondered what math dealers use when formulating a buy price

[Bieg]

Deleted

[Republicaninmass]

To sell one, shamelessly plug it in this thread


To buy, takes a lot of research, and depends on the result you want.


I've bought collections for one card, and sold the rest. I've bought 90s junk and grad the best, dump the rest. I've bought lots to build sets and sold over time.

[clydepepper]

Easy as pie, just follow these steps:

1.)
Send me One Million Dollars and your mailing address.

2.)
Enjoy!



=

[Bieg]

Originally Posted by Republicaninmass

To sell one, shamelessly plug it in this thread


To buy, takes a lot of research, and depends on the result you want.


I've bought collections for one card, and sold the rest. I've bought 90s junk and grad the best, dump the rest. I've bought lots to build sets and sold over time.

Sorry you are upset about that. Back in 2015 lots of people on this forum were excited about a previously undiscovered collection being found and wanted to know more about it.

I promised to let the forum members know when they come up for sale. And so I have. Those 90 cards are from the Antique Roadshow find. I was lead to believe this was of interest to some folks here. Sorry if it was the wrong place to mention it. If it violates some rule I will take it down.