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Questions for dealers
So I have accumulated approx 3000 commons from 54-72 majority being 60's. Some hi numbers etc. some minors. Anyways as a dealer there's probably 4-5k resale in it individually if you did shows. If I were to go to a show would a dealer be willing to trade do you think? If I wanted 3k in trade for one card would a dealer be inclined to do it if there was more than 3k retail in my commons in order to bulk up their inventory and turn a profit? Thought are appreciated and welcomed.
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Generally as a dealer there needs to be more margin than what you are talking about. Maybe $4k-5k in commons might net you around half that in trade. Just my thought on where I might be. Of course the cards still have to be decent and so forth...
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I doubt that a dealer would offer you $1000 in trade. There would be a lot of work involved in selling the commons that you have. It would probably take the dealer years to recoup his investment. 3000 commons will take up a lot more space on his table than the single cards that you would take in trade.
James |
I agree with Leon on this. With a dealer you would be very lucky to get 50%. I have made a few trades like this and the person with 1 card always gets a premium compared to the guy with a stack of cards. When trading with a dealer you have to consider all the extra time it will take them to unload the lot compared to the single card.
As an example I traded a rare Joe Dimaggio for almost a complete run of Willie Mays cards and received about a 20% premuim for the single card. |
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Guys, Recount... I have about 8300 commons haha. Majority late 60's early 70's. All in pages and binders. over 1000 1969 cards in great shape over 600 1960 topps cards over 600 1966 topps cards and a mix of 300-600 of each other year So about 300 61's 300 62's etc. I'd want 4K-5K in trade. You think that is unreasonable? Figure theres gotta be at least 12K resale when broken up. |
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I agree with the 10% ratio.
And to be honest, even at that rate I think most dealers would decline. The space needed, time and work involved, and once the best of the best was gone... there would be a lot of valueless "residue" left over that would never sell. |
Oh it would all sell. Everything sells for a price. :) .....it's just that the price could be cards for literally a few cents (or less) each.
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And even if they did sell, how long would it take to reap in those pennies per card? |
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I have 6000 or more decent commons, hof'ers and stars from the 50s-60s I have been selling at shows for the last year. I am not buying many more of those right now and I have reverted to going back to more pre-war buying and selling . |
I no longer deal, but I once did extensively. There are times you just look at a deal and say, " That won't work." Even at 10% of your estimated value if I am a dealer and I have $1000 worth of high end (let's say a Cobb Red background, but if you are trying to boil it down to one or two cards, it's going to be high end and sellable cards or else considerably overpriced) inventory versus a monster box of commons, the fact that you can sell one card versus having to lug around the monster box for years, you'll keep the single card. There is a chance that you might find a dealer who has an expensive but slow selling card he has had in inventory forever that he sees as if he sees as inventory he is going to be buried with that he might trade. You would probably be best off to move them as lots on eBay or BST. Even then it's not going to be easy to get to 40% or book value, IMO. The exception is if you peel out the high numbers. The 1961s and 1966s if in any condition at all will do well. Sadly there's not that much demand for the 1969s, which I think is a fun set. Please note, I am often wrong, but I think you are in a position to either do the work yourself or settle for literally pennies on the dollar.
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The 70's are in VG-ex to ex. The 69's are the same Every thing in the 60's is VG some better some worse 50's is good some better some worse |
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1970s commons in VG-EX are low grade. As are 1960s commons in only VG or worse... I honestly think most dealers wouldn't touch it... but if that's the route you try and go, I wish you the best of luck. Brent |
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I'm not a dealer so prob not. If I was and I had slow moving inventory and the clients that want to set build it would be a no brainer. If I knew I could get .75 a card on average in person it's worth it to me. I just don't have the client base. I'd prob do 3k trade as a dealer if I knew over 2-3 years I'd triple up in exchange for a card I've been sitting on anyways |
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A dealer wouldn't triple his money... He'd barely break even. |
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I have them in binders and pages. All they'd have to do is take them and put them on their tables. Nothing to waste time on. They are ready to sell and organized by year. |
Look, it's your transaction. Make an offer to a dealer and see. You're getting a lot of responses saying it won't go. You don't need to convince anyone here it will work.
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Hey I'm not trying to convince anyone. Just making sure I give all the facts. How I couldn't get 1000 for 20k in book value does seem off to me though. But hey it's a conversation and opinions and I value everyones |
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Cremation
Let's look at it this way.
If you prepay for cremation with a Cobb in your pocket and promise to show up on the day with the same Cobb, you would probably get comped. On the other hand if you showed up with 8300 cards in binders, there would likely be a surcharge.;) Okay, don't look at it this way. |
Commons
The majority of set builders are not building sets in vg -ex from the years you listed. I think you should bring them all to the local show and see what offers you get. Wish the best of luck with this lot.
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There are not all commons there are semis and minors as previously stated and some high numbers. Not all are VG some are VG-ex to exmt just giving you an idea. Didn't want to over promise or overgrade. I understand where you guys are coming from though. |
I do collect in that grade. You only need to find one sucker. I have been on both ends of such trades. I think you'll find this to be a rough deal to consummate, but you don't know until you try.
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cards
Stephen, go to a show and look around. You will see 1000's, or maybe 100's of 1000's of cards from the 60's and 70's. Many of these cards will be in the dime boxes and the quarter boxes. The supply is much greater than the demand. It doesn't really matter what the "book value" is, all that really matters is how much people are willing to pay for these cards. If you have 8300 cards, you will be lucky to get $1000 in trade or in cash.
Maybe you should set up at a card show and see what kind of luck you have. Rick |
Thanks for all your input. I am going to a show tomorrow I think so I'll let you know how I do
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Anything is possible😎😎
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Stephen - Sometimes you gotta say WTF and go for it. Best of luck at the show.
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If you don't sell them I'll be glad to send you my lists
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You can regularly purchase cards in similar condition as yours on ebay for around 50 cents a card for 60-65s, 33 cents a card for 66-69s and 20 cents a card for early 70s. If you sold them in lots yourself on ebay you would be lucky to clear $2000 BEFORE fees, etc. So for a dealer to purchase from you or trade with, you would be extremely lucky to get $1000, more likely than not, $700-800 would be generous.....most dealers would likely offer you less due to the time involved to resell(sorting) for a profit.
Having bought a number of accumulations such as yours to "resort" and then resell, the prices mentioned above would be my would be what I have experienced. You may want to consider selling in lots by year on ebay versus selling to a dealer as you will be better off price wise going that route. |
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SOLD. Met a great guy and dealer and got a 2000 World Series home plate signed by the Mets head grounds crew and a psa 3 1952 mays. Which I think was very fair. |
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They would never have a logo on top of a home plate used in a game.
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which 1952 mays?
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would love to see a scan of the mays |
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This one :) https://sportscardalbum.com/c/2db59u57.JPG |
Congrats on finding a trade partner and the successful downsizing of the collection.
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Good trade. Seems like a fair trade all around. The Mays sold on ebay for $1,500 last month. With the Home Plate, seems like about $2,000 value in the trade overall. Congrats.
http://www.ebay.com/itm/1952-TOPPS-2...wAAOSwbsBXmlZx |
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Thanks. I think the home plate is worth a bit more than 500 but I could be wrong. The seller was asking 3250 and dealers at the show said 2k minimum on a sale. But again, it's only worth what someone will pay. |
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James |
Yep, and I'd rather have the one in this thread than the eBay one that has two large creases. I would not expect that card to get the same VG 3 grade if submitted today. Maybe a 2 Good?
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Wow
Sounds like you found a sucker. That stuff is not an easy sell. Plenty of people with vast quantities of stuff like that just filling space. Would love to find someone to make similar trades with.
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I say congrats after reading this thread and personally I would have been skipping from that show if I only recieved the Mays. No matter what the plate is valued at, I say it is just extra gravy. Well done. |
Well done
I think you did very well. Congrats on the trade!
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If they show wear, then, IMO, you will have to take what you get. get a few graded or post a few on here of the general condition. You'll get some better assessments. |
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However, if you trade with a field representative for an AH that sells vast quantities of stuff like this every auction cycle, it appears he found the exact right person to trade with. |
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