Quote:
Originally Posted by ksabet
I never said pennies on the dollar...just fair market price. And wait are they investing or buying for resale? Investing is totally different.
Recently I messaged with a gentleman selling a Mean Joe Greene PSA 8.5 RC card currently for $25k despite the fact that it is about a 2-3k card. He wrote me a dissertation about why that price is accurate yet he won't purchase the other PSA 8.5 sitting there for (also overly inflated price) $11k. I just said "thank you".
If the public actually educated themselves, shops like Dean's Cards would be out of business. But gotta give him credit because they "are one of the only trusted sports card stores on eBay" and they have their own grading system and neat little stickers (gasp)...and probably a truck full of money out back so who am I to judge.
And yes I do believe dealers who invest in items they can't afford and then hold them for years at ridiculously inflated prices are dumb.
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An educated consumer is the best consumer. A few months ago I bought a card from Deans for $2480 and sold it a month later for a $1200 profit. Otherwise, on my other deals with them I will probably lose about $200. All in all not that bad.
I just need to work on the $200 mistake(s). I like Dean's Cards, personally.
AND to get back on track, there are reasons PWCC is kicking butt. For one, they advertise a ton. For two, they seem to be bringing stellar cards to market with their business model. And for three, Brent isn't afraid of transparency which goes a long ways in building trust (see his offerings). IS there still work to do on the auction bidding anomalies, of course. But PWCC is doing a fine job at the moment and their sales are proving it out.
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