Getting sick of the more obvious frauds

cubsfan-budman · #1 04-09-2013, 01:42 PM

Quote:

Originally Posted by Shoele$$

Yeah I was looking to pay close to $6,000 for a card that was paid $4,000 for and then look to "flip it" for a huge profit. Would you pay me or him $10,000 for it??? That's what I thought.

I wouldnt pay 10000 dollars for a baseball card ever, I dont think.

But he was up front with you, said he paid 4700 (not 4000) and you offer 4500...and he bought it before the "fad" hit.

Obviously he thinks its worth considerably more than the price he bought it for. I think you do too. You wanted to flip it for profit, didn't you?

That's what I thought.

tschock · #2 04-09-2013, 01:47 PM

Quote:

Originally Posted by cubsfan-budman

I wouldnt pay 10000 dollars for a baseball card ever, I dont think.

But he was up front with you, said he paid 4700 (not 4000) and you offer 4500...and he bought it before the "fad" hit.

Obviously he thinks its worth considerably more than the price he bought it for. I think you do too. You wanted to flip it for profit, didn't you?

That's what I thought.

How did you jump to THAT conclusion?

It wasn't from the "that's how smart buyers lose money in the future, just like in the stock market" statement in the PM, was it?

bbsports · #3 04-09-2013, 01:58 PM

Since most collectors & dealers have made their comments already, I just want to be brief here. I've been a dealer for over 30 years. The object here is to try to get a bargain on what you purchase, which is not easy. You make money by buying, not selling. Selling is easy if you buy right. Yes, a buyer can ask what they want for any card, just don't buy the card. Some dealers get involved with auction houses. By the time they pay the juice, they have given their profit to the auction house. When they try to resell the card, they asking the moon for the card & there stuck with the card. There only alternative is to send the card back to another auction house. If you think this is bad now, wait till after 5/1 when e-bay makes their changes. Most cards will be sold as BIN & the asking prices will be much higher than they are now.

glchen · #4 04-09-2013, 01:49 PM

It doesn't matter what John paid for it. I've bought plenty of cards only to find out later that I overpaid for it, and have a hard time going down and losing money on the card in order to get to "market price." However, John doesn't believe that is the case with this card in regards to correct market value, and probably thinks Glenn is lowballing him. As I said this happens all of the time. No big deal. Move on. And personally, I also think that paying $$$$ for rare back T206 commons is absolutely nuts. However, there are like 10,000 avid T206 collectors that vehemently disagree with me, so I think I am in the minuscule minority along w/ Glenn. People have their own opinions on the true worth of these cards. That's how it is. It's like on the CU board, people are raving on how 1977 PSA 9 Ozzie Smith cards are hitting record prices. I get a headache reading those threads. But to each, his own.

Anyway, Glenn, as John said, no worries. It's not "playing games." This is just normal negotiations. Nothing to sweat over.

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