Quote:
Originally Posted by Vintagedeputy
No, it’s a pretty good indication of what that exact item was valued by the buyer and seller who agreed on that price yesterday. What I value my item at and what a buyer may value it at could be completely different and shouldn’t be compared to what someone else valued an item at yesterday.
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Cool. Respect your opinion. I just disagree. At least as a buyer and an amateur economist, I disagree. You are always welcome to ask whatever you want for your pop pop’s card, but for common stuff that is widely available, buyers are going to just walk right on by and pick it up for the going price from another one of the dozens of current sellers. You’re absolutely right that if your piece is nicer than the comps, then the odds are good that it should sell for more. But in general, that proves my point. The buyer (and seller) are likely to start their mental calculus with the last dozen sales that occurred last week, and then adjust based on the superior qualities of your piece.
Obviously if I’m the buyer, the fact that it comes out of your pop pop’s collection means nothing to me, and certainly doesn’t entice me to spend more on it.