Would you use Ebay to flip a big $$$ card?
I thought this was rather strange. This m101-4 Joe Jax card sold for just over $10K in Legendary 5 months ago: (sorry for the huge scan)
http://www.legendaryauctions.com/Lot...x?lotid=114118
Last night, Broadway Rick sold the exact same card on Ebay for $7965.
http://cgi.ebay.com/ws/eBayISAPI.dll...K%3AMEDWX%3AIT
This is puzzling to me for a few reasons. First, I would never part with that card unless financially required to do so, and while m101 Joe Jax cards routinely get flipped eventually, this is awfully fast. Second, the Legendary price was not cheap, so I wouldn't expect to make out on any flip. Third, if you need/want to flip it, wouldn't you stand to get more bang out of one of the auction houses than ebay? (note: he listed it with $7865 reserve, meaning he was willing to take a $2K loss and did).
Just curious as to your thoughts on why someone might do it this way.
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04-21-2011, 12:02 PM
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