Quote:
Originally Posted by Deertick
Values have dropped 40% in the past 14 months??
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I did not say the market has dropped 40% since March 2021.
My point was that the analysis - whether the 40% discount was a great deal - hinges on whether the cards were accurately priced to reflect the current market, and not one that no longer exists.
If the marked prices, which some dealers are still using, reflected the market’s peak then a 40% discount is potentially not that great for a bulk purchase.
The poster said the cards were collectively marked for $10k. A 40% discount means that he wanted $6k. However, if the current market for the collective cards is only $8k, and he wanted $6k, then this is really is only a 25% discount.
It’s all relative.