Outrageous prices on ebay

[Snapolit1]

Some people put their house on the market not because they are dying to move but because they will move if a dream offer comes in. Sure it's no different with many eBay sellers.

[orly57]

Originally Posted by Snapolit1

Some people put their house on the market not because they are dying to move but because they will move if a dream offer comes in. Sure it's no different with many eBay sellers.

That is a great point, and probably true for a lot of collectors on eBay. But it is stunning when it is an actual business.

[Peter_Spaeth]

Originally Posted by orly57

That is a great point, and probably true for a lot of collectors on eBay. But it is stunning when it is an actual business.

Why? If their model generates as much cash flow as they are looking for, then it's working for them.

[Republicaninmass]

Here is a silly thought


Some dealers don't need the money, they are just hiding from their wife!

[obcbobd]

Originally Posted by Republicaninmass

Here is a silly thought


Some dealers don't need the money, they are just hiding from their wife!

This!

[the 'stache]

Originally Posted by Republicaninmass

Here is a silly thought


Some dealers don't need the money, they are just hiding from their wife!

Winner! Or, it's "honey, I swear, I'm trying to sell these cards."

[1952boyntoncollector]

Originally Posted by Peter_Spaeth

Why? If their model generates as much cash flow as they are looking for, then it's working for them.

in addition, when they are firm on prices they dont have to worry about all the haggling and the time involved for the back and forth that result to many non deals....

[Yoda]

I have often wondered how much better Levi would do if he showcased SGC and BVG graded cards rather than his apparently exclusive tie-up with PSA, although he certainly offers a ton of nice vintage cards at shows and on his web site. I think part of his success is the spread he achieves between the bid and asked prices I have never had much luck selling him any cards since his buy prices were quite low. His silent partner Jim in 707, I suspect, does most of the buying and Levi then prices the cards for sale. This, please guys, is only my conjecture as to how they operate. And I have to assume that PSA treats his card submissions the same as anybody else's. John Spencer
P.S. One related activity Levi provides is the reasonable rental of show cases to dealers, to which I availed myself several times over many years at the old Ft. Washington, PA show until I bit the bullet and bought my own.
P.P.S. Somebody once told me that before Levi got in the card business he was a champion drag racer in NJ. What a guy!

[x2drich2000]

For 707 at least, I would also add to take a look at their registry sets and see what they have that is not listed for sale on ebay or their website. It quickly becomes obvious that if he needed cash, he would be able access it. Furthermore, look at the volume/amount of their sold items on ebay. They aren't doing too bad. So if you are not constrained by constant cash flow concerns, why go through the challenges of fighting over obtaining inventory? It always seemed to me that 707 priced his cards at what he feels something is worth rather than what other people say it is worth.

DJ

[ALR-bishop]

Wonder if Jim thinks of himself as the Silent Partner

[Republicaninmass]

Originally Posted by ALR-bishop

Wonder if Jim thinks of himself as the Silent Partner

Yes, simply because he doesnt dress as loud as Levi