I got a big announcement!

Bpm0014 · #1 03-09-2017, 08:06 AM

Mostly for this line: The guy that sold the stuff, and the guy that bought the stuff don't know crap!

slidekellyslide · #2 03-09-2017, 08:19 AM

I think Richard may have been really excited to make this post and it did not come off how he wanted it to. I think we'd all be excited to come across a million dollar hoard of cards. Looking forward to seeing what this collection contains.

Leon · #3 03-09-2017, 08:30 AM

I think you nailed it.

Quote:

Originally Posted by slidekellyslide

I think Richard may have been really excited to make this post and it did not come off how he wanted it to. I think we'd all be excited to come across a million dollar hoard of cards. Looking forward to seeing what this collection contains.

frankbmd · #4 03-09-2017, 09:53 AM

Quote:

Originally Posted by Peter_Spaeth

The post may not have been worded artfully, but I must be missing why the OP is taking so much grief here?

Quote:

Originally Posted by slidekellyslide

I think Richard may have been really excited to make this post and it did not come off how he wanted it to. I think we'd all be excited to come across a million dollar hoard of cards. Looking forward to seeing what this collection contains.

Our hobby is often cursed by the unfortunate truism that stuff trumps integrity.

No one likes to see a card they sold, back on the market and resold for multiples of the purchase price, which I would characterize as the "flipper's" dream resulting in not only "quick bucks", but big bucks. Dealing with a flipper, who pretends to be a collector, can lead to this type of seller's remorse.

Richard states he is a collector and not a flipper, but........

when he announces his intent to purchase a large collection of "stuff" from an unknowlegable seller with resale for profit as an objective, I think the buyer pool, myself included, was put off. His unartful wording in the OP seemed to suggest a buy low, sell high MO (modus operandi).

Richard was excited and openly honest, if not artful.

Is their risk in Richard doing this? Yes

Is there work and time spent reselling multiple small lots? To be sure.

Would other members of the Board do the same thing, if presented with the same opportunity? Oh yeah!!!

An openly honest flipper is better than one who deceives his intent, IMO.
If members of the board are able to purchase some of Richard's cards reasonably, this dust up will soon be forgotten.

bnorth · #5 03-09-2017, 09:58 AM

Quote:

Originally Posted by frankbmd

Our hobby is often cursed by the unfortunate truism that stuff trumps integrity.

No one likes to see a card they sold, back on the market and resold for multiples of the purchase price, which I would characterize as the "flipper's" dream resulting in not only "quick bucks", but big bucks. Dealing with a flipper, who pretends to be a collector, can lead to this type of seller's remorse.

Richard states he is a collector and not a flipper, but........

when he announces his intent to purchase a large collection of "stuff" from an unknowlegable seller with resale for profit as an objective, I think the buyer pool, myself included, was put off. His unartful wording in the OP seemed to suggest a buy low, sell high MO (modus operandi).

Richard was excited and openly honest, if not artful.

Is their risk in Richard doing this? Yes

Is there work and time spent reselling multiple small lots? To be sure.

Would other members of the Board do the same thing, if presented with the same opportunity? Oh yeah!!!

An openly honest flipper is better than one who deceives his intent, IMO.
If members of the board are able to purchase some of Richard's cards reasonably, this dust up will soon be forgotten.

Frank did you get permission to make an honest post filled with common sense? Those type of posts have no business in this thread or usually on the forum.

slidekellyslide · #6 03-09-2017, 10:38 AM

Well honestly I'm not sure how someone accumulates a million dollar collection without having some knowledge of the value of the collection. And it's not like Richard said they had no clue, they just might not know the T206 variations and such. I'll be honest if I went to a show and saw a rare T206 variation at the price of the regular card I would not alert the dealer, I'd just buy it. And so would you. It is not your job to educate the seller.

Bruinsfan94 · #7 03-09-2017, 10:58 AM

Please add me to the negative list.

Brian Clifford.

basesareempty · #8 03-09-2017, 12:04 PM

Quote:

Originally Posted by slidekellyslide

well honestly i'm not sure how someone accumulates a million dollar collection without having some knowledge of the value of the collection. And it's not like richard said they had no clue, they just might not know the t206 variations and such. I'll be honest if i went to a show and saw a rare t206 variation at the price of the regular card i would not alert the dealer, i'd just buy it. And so would you. It is not your job to educate the seller.

+1000

mechanicalman · #9 03-09-2017, 12:14 PM

Quote:

Originally Posted by slidekellyslide

Well honestly I'm not sure how someone accumulates a million dollar collection without having some knowledge of the value of the collection. And it's not like Richard said they had no clue, they just might not know the T206 variations and such. I'll be honest if I went to a show and saw a rare T206 variation at the price of the regular card I would not alert the dealer, I'd just buy it. And so would you. It is not your job to educate the seller.

Of course I would buy said card in your example.

I just wouldn't go on a public forum and announce my good fortune to have stumbled upon a seller who "doesn't know crap" before I even made the purchase.

Perhaps a nuance, but a meaningful one.

P.S. I'm sure I'm now on the negative list, but that's OK. I'll wait until cards have been sold to another flipper, cleaned, graded, consigned, shilled, and then sold for the highest dollar before I jump in.

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