Josh Gibson photo from RMY

[Snapolit1]

It's true, once you buy something you can mark it up 100 fold if you want or burn it. Or drive your car over it. Or throw it in the lake. But there is something that seems less than upstanding about buying something for $175 and immediately trying to find someone to pay $975 for it. Basically fishing for someone who is not dialed into the market valuation. Not illegal, probably not immoral, but still seems less than admirable.

I see a lot of photos I'd like from people who do this as a living and won't bid for them. Even if I can't find the most recent selling price I assume what they are asking is outrageous.

Moral of the story: bid more at RMY. Cause the next time you see it someone will have it on ebay for way more than they paid for it.

[Shoeless Moe]

Originally Posted by Snapolit1

It's true, once you buy something you can mark it up 100 fold if you want or burn it. Or drive your car over it. Or throw it in the lake. But there is something that seems less than upstanding about buying something for $175 and immediately trying to find someone to pay $975 for it. Basically fishing for someone who is not dialed into the market valuation. Not illegal, probably not immoral, but still seems less than admirable.

I see a lot of photos I'd like from people who do this as a living and won't bid for them. Even if I can't find the most recent selling price I assume what they are asking is outrageous.

Moral of the story: bid more at RMY. Cause the next time you see it someone will have it on ebay for way more than they paid for it.

I think Steve makes a great point, and I know not for every one, but for me once I see a seller who sells one item at a ridiculous markup, I assume all the rest of the items they sell are as well, so I then Exclude them from showing up in my Searches.

[Forever Young]

Originally Posted by Snapolit1

It's true, once you buy something you can mark it up 100 fold if you want or burn it. Or drive your car over it. Or throw it in the lake. But there is something that seems less than upstanding about buying something for $175 and immediately trying to find someone to pay $975 for it. Basically fishing for someone who is not dialed into the market valuation. Not illegal, probably not immoral, but still seems less than admirable.

I see a lot of photos I'd like from people who do this as a living and won't bid for them. Even if I can't find the most recent selling price I assume what they are asking is outrageous.

Moral of the story: bid more at RMY. Cause the next time you see it someone will have it on ebay for way more than they paid for it.

With all do respect steve(hi buddy) photos are not like cards and there is no clear cut market valuation as shown by Andy. This stuff is still evolving. Doubling the price on a photo such as a single pose Josh gibson( probably a 1 of 1) is nothing. Clearly it is frustrating for people who want an item but it is a free market. I ha e been frustrated in the past too. But...Find Another.
Btw-great meeting you in Chicago. Great times.

[EYECOLLECTVINTAGE]

Originally Posted by Forever Young

With all do respect steve(hi buddy) photos are not like cards and there is no clear cut market valuation as shown by Andy. This stuff is still evolving. Doubling the price on a photo such as a single pose Josh gibson( probably a 1 of 1) is nothing. Clearly it is frustrating for people who want an item but it is a free market. I ha e been frustrated in the past too. But...Find Another.
Btw-great meeting you in Chicago. Great times.

Totally agree with Ben and Brendan here. These photos are survival of the fittest. If you think a photo is worth 5K then pay it. If not don't. But you can't get mad at someone who sees a photo, thinks it's worth 5K and can get it for 1500 and wants to make money off it.

[Snapolit1]

Ben, cool meeting you in Chicago.

Not disagreeing that market for photos is a little more amorphous than cards. And as I said people can do what they want.

For now I will stick to auctions for photos, as it seems people simply buy pictures in auctions and then go fishing for much bigger prices. On occasion I've bought photos from guys only to find out RMY sold it 6 mos ago for half what I paid. Feel like a dope but what can you do.

[EYECOLLECTVINTAGE]

Originally Posted by Snapolit1

Ben, cool meeting you in Chicago.

Not disagreeing that market for photos is a little more amorphous than cards. And as I said people can do what they want.

For now I will stick to auctions for photos, as it seems people simply buy pictures in auctions and then go fishing for much bigger prices. On occasion I've bought photos from guys only to find out RMY sold it 6 mos ago for half what I paid. Feel like a dope but what can you do.

You shouldn't feel like a dope. You got a photo you wanted at what YOU thought was a fair price. What does it matter what they paid at that point?

[Snapolit1]

Would you use the same logic if you paid $10,000 for an engagement ring and really loved it and then found out a year later it was a piece of cheap glass?

[EYECOLLECTVINTAGE]

Originally Posted by Snapolit1

Would you use the same logic if you paid $10,000 for an engagement ring and really loved it and then found out a year later it was a piece of cheap glass?

No. Why would I? If it's a fake diamond obviously I'd be mad. But a quality item at a fair price (or what I deemed fair) is nothing to lose sleep over.

[Forever Young]

Originally Posted by Snapolit1

Would you use the same logic if you paid $10,000 for an engagement ring and really loved it and then found out a year later it was a piece of cheap glass?

Nope and N/A.

[Snapolit1]

Originally Posted by EYECOLLECTVINTAGE

Totally agree with Ben and Brendan here. These photos are survival of the fittest. If you think a photo is worth 5K then pay it. If not don't. But you can't get mad at someone who sees a photo, thinks it's worth 5K and can get it for 1500 and wants to make money off it.

Well I don't see a lot of these 100 or 200% markups actulally selling but maybe once in a while lightening strikes.