Flipper's question

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Posted By: Damian

I like to flip cards for profit as much as anyone. Please do not get me wrong as I have a very strong passion for vintage baseball cards, baseball history, and the game itself. Its obvious that many cards, once slabbed sell for much more than their listed price in SMR, Beckett, website guides, etc. Does anyone have a list or spreadsheet of approxiamate multipliers for what cards from each set actually sell for compared to their "listed" price. I understand that stars and commons are treated differently with most sets. I have a pretty good idea of mainstream stuff like T206, T205, Batter - Up, CJ etc. as I am sure most do. A more comprehensive list would be most helpful to flippers like me and I am sure non - flippers. Thanks in advance. Knowledge here is the best I know of.

Damian

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Posted By: Anonymous

w551's are probably the best thing to invest in for the quick flip

...prices are just crazy for slabbed examples.

surely you can make tons of easy money.

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Posted By: cmoking

I don't think anyone on this board will help you...and for that matter, I don't think anyone anywhere else is likely to help you with your question. There are two reasons why:

1. For those that know the answer, they may be doing the same thing you are...so they don't want to add you as their competition. Why give potential competition free information?

2. A lot of collectors dislike the idea of others making money in cards...which in the long run comes at the collector's expense. So the collectors that know the answers, and aren't flippers like you, won't tell you either.

You've already experienced some responses to your post that weren't as friendly as you had probably hoped. Those are just the facts, nothing against you in this post.

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Posted By: Damian

Really, anyone have some intelligent input? Investments in cards are very relevent as well as love of the game. For me they go hand in hand, well almost.

Damian

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Posted By: Steve

w551's are probably the best thing to invest in for the quick flip

...prices are just crazy for slabbed examples.

surely you can make tons of easy money.




LOL


Steve

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Posted By: Damian

You are absolutely right. Stupid question, now that I think about it. Thanks for your honest and forthright response.

Damian

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Posted By: Anonymous

mark my words you rubes....

...strip cards are the future.

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Posted By: Damian

You may have a point. Please PM with your thoughts. I am not tryng to be flip. Would love to hear from you. What's your thoughts?

D

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Posted By: FYS

"w551's are probably the best thing to invest in for the quick flip

...prices are just crazy for slabbed examples.

surely you can make tons of easy money."

A big part of this reason is that there is no price guide to establish a price. So you can get lots of money. In fact, $1,000 per card could be seen as very reasonable by many and a total rip-off by others. Who knows, as there is not established pricing because of the rarity.

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Posted By: Josh K.

LMAO

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Posted By: barrysloate

The idea is to learn the business, as all of us have had to do. The more you get involved, the more you learn. It's like anything else.

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Posted By: identify7

A lot of collectors do not object to others making money flipping cards. Heck, it is that process which maximizes the availability of cards which would otherwise be difficult to find.

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Posted By: scott ingold

A good example is me mislisting a Matty on the BST board. It was supposed to be 150.00 but i put it up at 500.00. I had one person email me if i was serious with that price, and 3 or 4 people make offers up to 425.00. By the way it was the w-514 and i removed it from consideration until i get a better handle on value.

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Posted By: rob

Quite simple, you need to do your own research of what the market will bear. No one can give you a short cut in that area, and as you can tell, there are posters on this board who bristle at the concept. Fact is the SMR does not work too well with vintage issues.

You have so much competition with vintage that you WILL overpay and take a loss/break even now and then. The suggestion of going with strip cards seems reasonable, although looking to other oddball issues may be a better idea. Personally, I think 1920's Exhibit cards are undervalued, higher cost for grading has impeded that market. But there always listings which get overlooked for a variety of reasons, occasionally NO reason, where you can double your money.