Quote:
Originally Posted by jayshum
Thanks for the info, but if they're paying dealers 95% of their listed prices, I still don't understand how the repacked cards can be sold so that both buyers are saving money and repackers are making money. There's only a 5% margin to work with. Am I still missing something?
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They are not working on a 5% margin.
Let's say one of the card companies is selling a box for $200 a pop with odds listed for chase cards. A repacker, buys the various chase cards at 95% (or less) of value and repackage those cards at say a price of $175 (or lower) a pop. The reputable repackers or card/box breakers will state odds but it is not required.
At $30 a throw, you don't think there is no money to be made on 70's repacks?
https://www.ebay.com/itm/15691496865...SABEgK9vfD_BwE
In my toxic visions of being a future dealer, I thought mystery packs would be a great idea. I have seen something like it in shows past but nothing recent. I would purchase a play-pen and load it with 10-15 card packs wrapped in brown paper with a minimum value of $1. On a board, there would be a list of say 10-15 high value cards (ex. 1968 PSA 5 Mantle - value $375-$400) that could be pulled. Let's say the 10-15 higher value cards total $3K. There are 5,000 $1 packs in the playpen. I think collectors would eat that up. Do you see how money can be made? The repackers are doing the same thing.