Quote:
Originally Posted by darwinbulldog
Good question. What's the usual practice among buyers who aren't trying to take advantage of such a seller? 50 cents on the dollar? Is it pretty much the same as it would be at a pawn shop?
|
Worst case I have ever seen was this year at a mid sized show (200 tables)in NC. Old couple comes in and shops their grouping of hundreds of 1933 Goudeys at the first table through the door. I'm talking many Ruths and Gehrigs in the collection. Dealer one offers $2K for the lot. They go to the second dealer in the line and he offers $8K and they sell.
Word quickly spreads throughout the show to dealers and a friend of mine goes to look through the collection. He offers $100K to the dealer who just bought it for $8K and he declines the offer. My friend figured the deal was worth at least $250K.
I absolutely hate to see crooked dealers take advantage of unsuspecting owners of cards.
But, I guess it is seller beware. They were probably celebrating all the way home thinking they had hoodwinked the dealer with their pieces of cardboard.