The Quest for an Authentic 1909-11 T206 #499 Honus Wagner

[Cat]

Lionel Carter during his interview with Doug Allen stated that he was offered a T206 Wagner about 60 years ago for $250 but he passed because he thought it was way overpriced. Someone on the boards did the math and determined that the card had increased in value roughly 12% COMPOUNDED per year. A farely graded SGC 10 went for approximately $190,000 in 2007. Holding that math constant, you will have accomplished a hell of a feat when you get to the point of keeping up with the card's inflation - let alone being able to buy one. Flipping $100 cards will be much easier and quicker than flipping $10,000 cards. Good luck.

[bcornell]

And just so you all know, I will not be wasting my time with naysayers and/or negative Nancys, so please, don't even bother. This is ONLY for fun and profit and there is absolutely NO reason for arguments or negativity.

Well, that sucks. And I can't even figure out what you're talking about.

[asoriano]

[cardaholic]

Flipping 500 cards that he bought at $100 each for $110 each would have the same effect.

barry - he's not asking anyone to do something out of the goodness of their hearts; he's seeking to repeatedly flip for profit by making smart buys. Bob Brill did something like this and blogged about it on Beckett a few years ago, though he stopped at near $10K.

If you're purchasing lots of cards that have nice breakup value, significant profits from flipping are quite doable.

[ChiefBenderForever]

After ebay and paypal fees flipping 500 cards from 100.00 to 110.00 would just barely make any profit. Good luck on the journey !

[sportscardtheory]

I finally won my first item. I will post the won item and the new listing as soon as it arrives and I create the listing. lol Let's just say my initial investment is far less than I was expecting.

[mintacular]

but i think this is a very bad idea. we've already determined such a project would take years if not decades to complete and I just don't see people reading this thread for that long. Why don't you try something on a small scale and if it works/is entertaining you could consider relaunching this one. either way i'm not trying to rain on your parade but c'mon dude...

[sportscardtheory]

And so it begins.

Item #1 - Paid $2.74

Item #1 - Sold $?