The "business" of cards

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Posted By: davidcycleback

It's not uncommon for a collector to win a group lot for one or two items in the lot, and resell the other items.

It is common practice for a big dealer to buy a large lot or collection and resell the items singly. This is a useful service to the average collector, as the average collector only wants and can afford 1 Mickey Mantle signed 8x10, not 200.

If you purely a collector and you are buying and winning cards, you can't tell me you just assumed that those thousands of people selling and auctioning cards were doing it for purely non-financial reasons. They are doing it to make money. If there weren't all those people selling cards for $$$, there would be no cards for the pure as snow collectors to buy. Even in the 1950s, kids were buying card from for profit stores and card makers.

As noted earlier, it is possible that the Mile High winner won more lots than he could afford and has to resell the Ruth. Many people bidding early in MastroNet will say "If I win all these lots I'm high bidder on, I'm in big trouble."