This probably won’t help you too much, but here it goes….
I don’t believe in book values or comps. These are collectibles. There is no manufacturing cost or materials that you’re buying and every single person has a different threshold of what they feel is an appropriate price for something. I determine value to me. That value may be completely different to the next person and I may be high or low.
Let’s say for example, that the current trend is for a particular card to be valued in the $50 neighborhood. If I see that card and I like the card and I ask someone what they want for it and they say $50 I determine do I like the card more than I like a $50 bill in my pocket. If the card only appeals to me to a $20 level then I’m probably going to pass on the card. It means nothing to me what 100 other people paid on eBay for a card or what someone tells me the card is worth to them. That’s them, not me. Conversely, Someone may tell me that the card is $50 and in my mind I think it’s worth $100 so I will probably buy it because I think I’m getting a good deal because of what I was willing to pay for the card.
It’s the same thing when selling something. Would I sell something for $10??? Maybe. Would I sell it for $1000? Maybe. I have to find the number that I’m comfortable with somewhere in between.
Told ya it wouldn’t be helpful.
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