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#1
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To flip or not to flip? That is the question.
Posted By: Dave F
I'm just wondering how many on here will actively "flip" a card that they know that can make a buck on? I'll readily admit I'll buy cards that either I feel I can get a bit more for...or would be solid trade bait for something I'm looking for. I know MANY on here are against doing this...I personally don't see the harm. I am curious though would you admit to this...or are you just a straight collector that doesnt have any intent on reselling? By the way...my main reason for flipping when necessary is because I don't have unlimited funds for cards..and if I didn't do so...would be a short and sweet end to buying pretty fast. All the money no matter how big or small goes straight back into buying more cards....none of it has went to a new bedroom suite or anything like that. |
#2
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To flip or not to flip? That is the question.
Posted By: davidcycleback
You never know you'll make money upon a flip. There's nothing wrong with flipping cards or memorabilia, and no need to justify it to 'true collectors.' You can use the profits to buy Cheez Wiz and its none of their business. |
#3
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To flip or not to flip? That is the question.
Posted By: peter chao
When your cards take up an entire room, it is time to seriously start flipping your cards, try to reduce it down to about 200 cards you really want. |
#4
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To flip or not to flip? That is the question.
Posted By: Dave F
Very true David..you never know..and I've had probably just as many misses. But in order to acquire the cards I want, it has been a necessity. Everything I have in cards was started from $200 that the wife was ok with me using. |
#5
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To flip or not to flip? That is the question.
Posted By: Dave F
Peter..my definition of flipping isn't downsizing what you have...but more example A. a card on ebay has been going for $500...you put in a snipe at $400...and if you get it you get it..but with the intention of "maybe I'll pull $75-100 off towards other cards I actually want...or maybe I wont"... |
#6
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To flip or not to flip? That is the question.
Posted By: leon
I do exactly as you do. If I see what I think is a bargain I will buy it and resell it or use it for trade bait. I wish I could say that I only put as much into my collection as I make on flipping cards but that would be a lie. But I do buy/sell/trade/flip a lot. My question to myself is "If I didn't collect would I still buy and sell?"...I am not sure of that answer. I think there are a lot of folks like us...whether they will admit it or not is another thing. I sort of think most will admit it though.....It's not that big of a deal and I think we can still be very passionate collectors even though we also buy and sell. Funny thing...a lot of the real "full time" dealers I talk to say they used to collect but when they went to full time dealing they couldn't collect anymore...it just wouldn't work for them...good question...regards |
#7
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To flip or not to flip? That is the question.
Posted By: Josh
I started flipping cards about a year ago. My collection has grown exponentially as a result. I have been able to afford cards that I regularly wouldn't be able to, if I had to rely on paying for them out of my own pocket. |
#8
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To flip or not to flip? That is the question.
Posted By: peter chao
The difficult part is to find dealers or store-owners you can flip with. It's best if it's done with fellow card collectors in person. It's not quite the same over the internet. |
#9
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To flip or not to flip? That is the question.
Posted By: Turner Engle
I flip from time to time. Other times I break even just to generate some quick cash. If I couldn't flip, I would not be able to keep up with buying some cards for my personal collection. |
#10
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To flip or not to flip? That is the question.
Posted By: davidcycleback
I consider buying a large group lot and breaking it up to be a service to collectors. Most collectors don't want to the whole lot, especially dupes and extras the don't desire. They just want and can afford one or a few pieces. Some want the card of their favorite player or team. If the seller makes a profit and the collectors get the individual cards the want, it works to the benefit to all. The seller is being paid to perform a useful service for collectors on limited budgets. |
#11
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To flip or not to flip? That is the question.
Posted By: Dave F
Peter..the problem is "most" dealers aren't going to pay top dollar for a card...their whole purpose is basically the same...buy it cheap and sell it for more. So I would think you'd have a hard time flipping cards to dealers that you find for bargains. |
#12
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To flip or not to flip? That is the question.
Posted By: peter chao
Dave, |
#13
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To flip or not to flip? That is the question.
Posted By: Dave S
Guess I'm a lucky soul.. |
#14
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To flip or not to flip? That is the question.
Posted By: peter chao
Dave, |
#15
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To flip or not to flip? That is the question.
Posted By: Dave F
Peter, |
#16
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To flip or not to flip? That is the question.
Posted By: anthony
although my final collection will be small (12-15) cards, i'm trying to flip to pay completely for my final collection...i dont mind holding them a little longer since they are cool to look at and say you owned one before. |
#17
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To flip or not to flip? That is the question.
Posted By: peter chao
Anthony, |
#18
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To flip or not to flip? That is the question.
Posted By: davidcycleback
All collectors, even those pesky true collectors, should sell with some regularity. Selling with some regularity gives one an first hand idea of what items are really worth (meaning, what they sell for YOU, not what they sell for Mastro or Lealand) and the practical logistics of selling (time to find a buyer, packing, costs you never thought of, etc). It is a mistake to buy buy buy and never sell anything, as the buy buy buyer often discovers his head was in the clouds when buying. Selling takes your head of the clouds and shows you what YOUR items sell for-- a good thing if you're an active buyer. |
#19
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To flip or not to flip? That is the question.
Posted By: peter chao
David C., it's true. You need to sell in person or through the internet to find out the true market value of your own collection. |
#20
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To flip or not to flip? That is the question.
Posted By: MVSNYC
first of all, nobody has the right to judge anyone else... |
#21
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To flip or not to flip? That is the question.
Posted By: Jim Dale
I almost never sell a card; so I never lose anything on them that way and buy just what I can afford. If I had to live off flipping I'd be out of collecting in no time. Now I have "liquidated" some cards before and fortunately for me - did all right doing so. |
#22
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To flip or not to flip? That is the question.
Posted By: peter chao
Jim, |
#23
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To flip or not to flip? That is the question.
Posted By: Joe D.
If I see a card that is going too cheaply... I will buy the deal even if I am not interested in the card. |
#24
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To flip or not to flip? That is the question.
Posted By: davidcycleback
Peter, that's where you're wrong. We're talking about flipping for cold hard cash to buy luxury SUVs, diamonds for the mistress and another white ocelot for the menagerie. |
#25
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To flip or not to flip? That is the question.
Posted By: peter chao
Flipping works well if you still go to card shows often. Some of the dealers are week-end warriors and they just want to make a little extra money. If a deal sounds fair, they will go for it. |
#26
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To flip or not to flip? That is the question.
Posted By: Mike
Never. I only buy what i know will remain in my collection. I have sold maybe 8 cards in 16 years. Once I buy them, they stay in the house. The few I have sold, were sold because my focus changed. I had no more interest in Colgans, or 206's, or other oddballs from the teens and 20's. I also sold my 51 mantle, to pay some taxes and take my wife to Hawaii. Other than than that, I never flip...They're here to stay. One more thing, I also have sold a few in order to upgrade a particular card. Not many though. I usually don't buy until I find exactly what I am looking for. |
#27
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To flip or not to flip? That is the question.
Posted By: Steve f
If you're blue collar collector like myself, then you really have no choice but to flip. My current collection was purchased via flipping and selling off old 60s stuff. I couldn't do it any other way. |
#28
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To flip or not to flip? That is the question.
Posted By: peter chao
Steve, |
#29
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To flip or not to flip? That is the question.
Posted By: Denny Walsh
Dave & All, |
#30
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To flip or not to flip? That is the question.
Posted By: Steve f
Yea Peter, I'm just a young newbie learnin the ropes. Thanks for the trip down Memory Lane |
#31
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To flip or not to flip? That is the question.
Posted By: Joe Drouillard
I flip cards all of the time. Like Dave I started out with a couple of hundred bucks and have turned it into a nice little vintage collection buying and selling on eBay. |
#32
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To flip or not to flip? That is the question.
Posted By: peter chao
The solution is to have two shoeboxes. The first shoebox is for cards you collect, the second box is for cards you will flip. |
#33
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To flip or not to flip? That is the question.
Posted By: Dave F
Peter..I'll put it this way..currently I have all of three cards in my collection that are keepers...UNLESS I found upgrades at decent prices, and then these three cards as well will become flip material. |
#34
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To flip or not to flip? That is the question.
Posted By: peter chao
Dave F., |
#35
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To flip or not to flip? That is the question.
Posted By: JK
"Flipping is just a more advanced version of trading. It's probably before your time, but I can still remember swapping cards with friends. Now, I do the same thing but some cash is thrown in. " |
#36
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To flip or not to flip? That is the question.
Posted By: peter chao
JK, |
#37
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To flip or not to flip? That is the question.
Posted By: JK
I guess that is where we differ - Im not looking to establish a relationship with someone who I flip a card to. Personally, I think "flipping" to store owners and dealers is not a good idea if you are looking to maximize what you can get for the card. |
#38
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To flip or not to flip? That is the question.
Posted By: Mark L
When I find a set that I like and that seems relatively inexpensive, I try to buy a little more than I need so that I'll have some duplicates to sell if and when that set ever catches on. If I guess correctly, it's gratifying on a couple of levels. |
#39
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To flip or not to flip? That is the question.
Posted By: peter chao
JK, |
#40
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To flip or not to flip? That is the question.
Posted By: Jim Dale
Peter when I liquidated a large group of cards I had accumulated in a short period of time (3 years) the money did go back into cards of other kinds. Though I did take some off and fund my ROTH for the year and the following year. It allowed me to pursue new things that I enjoyed more. |
#41
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To flip or not to flip? That is the question.
Posted By: Dave F
Peter, |
#42
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To flip or not to flip? That is the question.
Posted By: peter chao
Dave F., |
#43
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To flip or not to flip? That is the question.
Posted By: JK
Peter, |
#44
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To flip or not to flip? That is the question.
Posted By: peter chao
JK, |
#45
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To flip or not to flip? That is the question.
Posted By: JK
That is understandable Peter, however, the original question posed by this thread deals with flipping cards to earn money for additional purchases. |
#46
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To flip or not to flip? That is the question.
Posted By: peter chao
Sometimes (admittedly rare) this even happens, I'll trade a 2007 Topps Derek Jeter error card for a card and cash, it couldn't have worked out better. |
#47
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To flip or not to flip? That is the question.
Posted By: peter chao
At least this thread is card related...a friendly bump. |
#48
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To flip or not to flip? That is the question.
Posted By: Cat
Getting a flipper reputation is a double edged sword. We all move cards because we change focus or buy lots and keep what we need and sell what we don't. I have three or four collector colleagues that I often make deals with and cards get moved quickly at times, but it is all in the spirit of perfecting a collection. That's normal. |
#49
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To flip or not to flip? That is the question.
Posted By: peter chao
Cat, |
#50
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To flip or not to flip? That is the question.
Posted By: davidcycleback
As a seller, you don't want bidders or buyers to know where the item came from, unless provenance is important for showing authenticity. If you're flipping and everyone knows where your stuff came from and how much it cost you, you aren't doing it right. |
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