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#15
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This whole thing from the beginning was odd. I'm happy for the people that made a quick profit. As many of you know, I very rarley part with my T206's unless I have a duplicate. And that's only if it's a certain card that I'm not hoarding. I may have unloaded a Piedmont or Sweet Caporal if I had one. But I was always buying the off backs and staying away from the Piedmont's and Sweet Caporal's because I could easily find those at any time to purchase. So the dilemma was, do I unload my off backs for a large profit? I didn't plan to, so I didn't think about it much. And now that window may have closed. So I don't have to think about it. I think this person started to aggressively purchase these cards, and once they started to arrive at his house, and maybe at the same time, he did some basic population research, and found that only around 20 percent of the cards listed were part of the counted population numbers. Meaning that there were approximately 3500 T206 Steve Evans cards out there. Then you factor that you were paying a minimum of $1000 each, and it becomes simple to see that it was a big mistake to begin with. Especially when you could have made many purchases over a few year period without causing too much attention to yourself. Even if you lost a few here and there, that would have worked to your advantage, plus most of those same cards would have resurfaced for sale months later. It would be interesting to know what experience this person had in the hobby. Because it seems he made no good decisions during this adventure of his. Unless he had a million dollar budget to start out with, and there was zero plans to make a future profit on these cards. Once you start selling a hoard of cards, the value drops quickly. It's very similar to the stock market. The only exception would be if you were hoarding cards that were extremely rare, and your hoard consisted of less than ten cards because of the rarity. Then I could see a decent profit being possible.
Here is my purchase information on my 3 Evans cards. My profit margin would have been really good if I had the ability to sell my cards without the anxiety attack. PSA 2.5 El Principe De Gales $55.00 5/2/2011 PSA 3 Polar Bear $58.00 5/3/2016 PSA 2 Tolstoi $41.77 3/23/2011
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Ron - Uncle Nacki T206 Master Monster Front/Back Set Collector - www.youtube.com/unclenacki T206 Basic "The Monster" Set 514/524 T206 Advanced "Master Monster" Front/Back Set ?? ![]() COMPLETE T206 BACK SUBSETS Old Mill Southern Leagues - Black Ink 48/48 Sweet Caporal 350-460 Factory 30 Full Color "No Prints" 28/28 NEAR COMPLETE T206 BACK SUBSETS Polar Bear 245/250 Sovereign 460 50/52 Sweet Caporal 150 Factory 649 Overprint 31/34 Piedmont 350 "Elite 11" 9/11 |
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