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#1
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Dan, to be a nitpicker, in the example you gave, the expected high bid at an auction house with a 20% BP would be $416.67 (rather than $400.00). This figure is determined by dividing $500.00 by 120% (i.e., 1.20).
Val |
#2
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Hence my statement, "about $400"
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#3
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Quote:
Quote:
That's some interesting, good to know information! I appreciate it.
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52 Topps cards. https://www.flickr.com/photos/144160280@N05/ http://www.net54baseball.com/album.php?albumid=922 |
#4
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$167,300.
30% over last sale in 2013. Not a bad ROI.
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#5
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Nope. Wrong, wrong, wrong. That's how people get suckered into thinking cards are always a good investment.
Sale on 8-11-13 was for $125,332. Sale on 2-20-16 was $167,300, but it was $140,000 before buyer's premium. The $140,000 is what the seller received. $140,000 - $125,332 = $14,668. ROI of 11.7% For comparison, NASDAQ on 8-11-13 was 3,660. On 2-20-16 was 4,504. ROI there during same period was 23.1%. |
#6
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Eric, I would think the consignor got a piece of the premium on a card like that.
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#7
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So gorgeous looks like a reprint. But I agree it looks like it's had a trim job. IMHO, people who alter cards should reside in Dante's 8th circle of hell (reserved for the fraudsters)......
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