Quote:
Originally Posted by raulus
If it’s an item that comes to market often, and is abundantly available, then what it sells for yesterday is a pretty good indication of what it should sell for today. If I’m doing the buying, it’s certainly going to be an important consideration for me. If you prefer to charge more, then bully for you. I’ll just go to the seller next door who will let it go for the going price.
Now if you have something rare and unusual, then absolutely. There is no real market price in most of those situations, and the seller and buyer will get to determine that market price together.
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Precisely. This is what it all comes down to. Got an 89 Upper Deck Griffey PSA 10 you're trying to sell? Or an 86 Fleer Michael Jordan PSA 8? We don't really have to guess what the next one will sell for. Just look up what the other 30 copies that sold earlier this week did.
But if you have something unique or extremely difficult to find then you have leverage to negotiate with and you can often give the middle finger to "comps". I have a dead centered 52 Topps Jackie Robinson PSA 4 and people are constantly trying to buy it and telling me that it's "only worth ~$15k" or so. Then they point to these trash copies in the same grade with 80/20 centering, diagonal cuts, print defects, creases, etc. I just laugh and tell them they should go buy those cards then. Good luck finding another dead centered mid grade 52 Topps Jackie. There might be one more out there somewhere. Maybe. If so, you better cross your fingers that it surfaces before the year 2035 because you're not getting mine lol.