Card Flippers List on NET54

[RedsFan1941]

I for one am grateful to the net54 flippers who secure cards from major auctions and then offer the opportunity to buy them at a 30% markup within a week of the auction ending.

FLIPPERS FOREVER!!!!!!

[bobbyw8469]

Originally Posted by RedsFan1941

I for one am grateful to the net54 flippers who secure cards from major auctions and then offer the opportunity to buy them at a 30% markup within a week of the auction ending.

FLIPPERS FOREVER!!!!!!

30% markup?? You underestimate how competitive the card market is. Try 5-10%.

[RedsFan1941]

Originally Posted by bobbyw8469

30% markup?? You underestimate how competitive the card market is. Try 5-10%.

Try looking at the BST a week or two after an REA or HEritage auction. 30% markups. Minimum.

[Peter_Spaeth]

Originally Posted by RedsFan1941

Try looking at the BST a week or two after an REA or HEritage auction. 30% markups. Minimum.

I am not seeing the issue.

[RedsFan1941]

Originally Posted by Peter_Spaeth

I am not seeing the issue.

No issue at all. Though I would love to hear the rationale of paying $2k for a card in a major auction like REA and the. Offering it for sale for $3200 a week later on a board where 99 percent of the members likely saw it in the auction. Does it bother me? No. Am I curious if it works? You betcha.

[Peter_Spaeth]

Originally Posted by RedsFan1941

No issue at all. Though I would love to hear the rationale of paying $2k for a card in a major auction like REA and the. Offering it for sale for $3200 a week later on a board where 99 percent of the members likely saw it in the auction. Does it bother me? No. Am I curious if it works? You betcha.

People miss auctions. People didn't bid because they were chasing a different lot and would have bid more had they known they would lose the priority lot. People decide they want a card one week that they didn't want the prior week (I change my want list constantly). People come into some spending money. Who knows.

[RedsFan1941]

Originally Posted by Peter_Spaeth

People miss auctions. People didn't bid because they were chasing a different lot and would have bid more had they known they would lose the priority lot. People decide they want a card one week that they didn't want the prior week (I change my want list constantly). People come into some spending money. Who knows.

Makes sense. Thanks.

[x2drich2000]

Originally Posted by RedsFan1941

No issue at all. Though I would love to hear the rationale of paying $2k for a card in a major auction like REA and the. Offering it for sale for $3200 a week later on a board where 99 percent of the members likely saw it in the auction. Does it bother me? No. Am I curious if it works? You betcha.

The rationale is easy, people will still buy it. It does work. Auctions are not perfect. Some items will go above market, others will go below market. If you can find the items that go below market, you can then sell them at market (or more) and make a profit. The real question is whether you have the desire to put the effort and time into finding those items that go below market price even if they are not what you personally collect.

DJ

[glynparson]

I hope every card I ever sell gets resold for more money than i sold it for. Why? Because those people will buy more cards. Just curious why you find it ok to sell i presume at a profit but its not ok for other people to do it? Or do you just have a problem with them trying to sell it immediately, and if that is the issue how long does one have to hold something before you think they should be allowed to sell it. PS I am a sometimes flipper feel free to block me, plenty of other places to buy from.

[Leon]

I will go as far as saying if I sell you something on the BST and you can sell it for more before I ship it to you, I will ship it to your buyer instead. I could care less, unless you tell a lie to get a better price (as Peter mentioned) .....

.

[kailes2872]

Originally Posted by RedsFan1941

Try looking at the BST a week or two after an REA or HEritage auction. 30% markups. Minimum.

In the case where they put 10 grand into a 5-10 card lot and then cut it up and sell them individually, I have no issue (not that it matters if I have an issue - they can do as they please). Cash is king and if they put out the $ for the lot to pull out the white meat that they need and then sell off the rest to get their money back, more power to them and props to them for having the cash to buy bulk wholesale

[swarmee]

I am a flipper.

[Snapolit1]

Originally Posted by swarmee

I am a flipper.

I have sold a lot of cards and not one of them I bought planning to sell. But things change over time, interests go in other directions. Sometimes you just see something else you want more and want to lock in some appreciation in something else. All good. No big deal. That's what makes the hobby interesting.

I am constantly irked by some dude who buys pictures from RMY and immediately lists them for outrageous markups. But what can you do. If I wanted it that bad I should have won at RMY.

[Michael Peich]

Chris-I could not agree more with your statement. Now let's hope that lots of buyers flock to our table at the National and buy cards from you, Tim and me.
They can then flip away with abandon!

Cheers, Mike