
01-09-2022, 10:02 AM
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Leon
peasant/forum owner
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Join Date: Mar 2009
Location: near Dallas
Posts: 35,683
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Quote:
Originally Posted by Johnny630
What seems to be telling to me with collectors is of recent that kind of has me concerned. If a card comes along say it’s $10,000 or more and a collector really liked the card and wants to purchase. What I have been finding over the last several months is the person that wants to purchase this card cannot purchase the card without trading or selling another card that they have, I feel they have a low level of liquidity where they’re not able to purchase the card with cash.
If they believe their cards are worth more than they are and the card market drops, or pulls back from ridiculous inflated numbers of 2021 they’re not going to be able to sell these cards for a perceived price they think they’re worth the power, They may have bought during the FOMO of last year. I believe the liquidity in assets other than cards In the next coming years will be more powerful than the sad cards. This is just me
I’m not a rich wall street or white-collar Six figure man those guys will always have the power to pay up in the auctions. I’m just a blue-collar guy and from what I’ve observed in the trenches from shows, Facebook, IP, and eBay is a lot of blue-collar guys have too much money tied up in cards and not enough in liquid assets.
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I have sold cards to help fund others many times. I feel they are very liquid.
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Leon Luckey
www.luckeycards.com
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