Quote:
Originally Posted by autograf
The first thing to do is nothing. Sit back for 3 months and just forget it like it didn't happen. You said that you are fine, so just chalk it up. We all make mistakes. After chilling out for a while, try to sell as much of the collection you bought as you can. If you sell $6k, then you made a $7k mistake. Sell $10k, you made a $3k mistake. Don't throw the baby out with the bath water right away as the old saying goes. Try the BST here and sell of some stuff. There's lots of people very interested in vintage autographed stuff. Take your time and ask people for help when you need it. Study ebay completed auction prices on autographed stuff and educate yourself on what you think you don't know. Hopefully, you can minimize the problem and amount of money you're out and move on from there. Don't compound one bad decision with another......
Good luck!
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+1. Very nice suggestions.
Kevin- As I have said, this won't be your biggest financial mistake in life. (most likely). I could name a dozen I have done and came out ok, and I am a little fish on a budget. Just be glad you didn't buy some restaurants.....or get out of the stock market at the exact wrong time. Don't let this one issue completely stop you from collecting. There is more good than bad, by far, in the hobby. Chalk it up, recoup what you can, sit back and reflect for while, then come back with a bit more experience and yours eyes a bit more open. It's ok. And I moved this thread so others can have a cautionary tale to consider when doing their own deals. Many, if not most times, they aren't what they seem.
08-29-2014, 07:57 AM
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