Book Value Vs. Market Value

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Posted By: leon

First of all I do think the card pricing sites like Bobby's are useful. In the more common cards it can definitely give you a relative value with respect to recent sales. On the more esoteric issues they aren't as valuable. Ya' just have to know the market/hobby.

I got a call a few nights ago from a quasi dealer friend that I know a little bit. He tells me he wants to buy all of the rest of my 19th century stuff. I say ok....tell me what you know about them. He starts out with "well, the pop reports.....blah blah blah"......and I didn't hear anything he said after he said pop reports. I go on to inform him that I don't need a freaking pop report on these cards...I have a good idea of a lot of them and their total population known. I never could convince him that the pop report is useless on this stuff. I don't know about the high grade more common cards but I have a good idea about what us collectors collect with respect to the cards I own. He said he would need to know something by Friday. I told him to call me back if he wanted to. He said "what, I am wanting to buy all of your cards and you want ME to call YOU back?". I said ...."only if you want to call me"....I still won't be selling them because I have another venue I am looking at but maybe more importantly is that he doesn't know what these cards are..The "pop report" comment kind of killed the sale too ....best regards

ps...I really mean no disrespect to Registry folks as they are collectors as much as the rest of us.... They just collect a little differently..