Been so long

[joshuanip]

Originally Posted by DeanH3

Hi Steve,

Listing buy prices for the issues you're interested in might help. I think it's been a successful method for some. It might shake some cards loose that are hidden in collections.

The risk towards that is you might create a market against yourself. And you may overshoot significantly by re-rating the value of what you are buying. Not saying don’t offer above vcp, as I think you should pay what you feel is worth, but some expectations can get out of hand from some ask prices I fielded after I tried that route. Putting up a fair price may not shake loose those private collections. And providing a max offer way above market only frames the buyer in a disadvantage in negotiating a reasonable offer, as the seller usually then tries to ask for a price above that. For those MBA’ers, it’s a case of the BATNA’s. I guess the narrow road to walk is between what price would attract latent interest and providing some wiggle to make the deal work.

[Snapolit1]

I posted a list of about 15 Gehrig pieces I need on BST and crickets. I guess like someone said these are the kind of things where people who have them aren't parting with them (absent emergency situation).

[joshuanip]

Yup if it’s really rare I also got no response

[DeanH3]

Joshua, I'm not disagreeing with what you said. I'm just throwing this out there for debate.

It's tough to determine the "Buy it Now" value of a rare item. If the last time an item publicaly sold was 8 years ago, how do you determine the price? Only way to determine its market value is to place it in an auction. Obviously that's not optimum for a person who wants to buy it now. So the person who wants it now might have to pay a price that might be overshooting its value. That seems to be the dilemma with rare pieces.

As someone on the boards once said. You don't overpay for an item, you just pay early. Or something to that effect.

[joshuanip]

Originally Posted by DeanH3

Joshua, I'm not disagreeing with what you said. I'm just throwing this out there for debate.

It's tough to determine the "Buy it Now" value of a rare item. If the last time an item publicaly sold was 8 years ago, how do you determine the price? Only way to determine its market value is to place it in an auction. Obviously that's not optimum for a person who wants to buy it now. So the person who wants it now might have to pay a price that might be overshooting its value. That seems to be the dilemma with rare pieces.

As someone on the boards once said. You don't overpay for an item, you just pay early. Or something to that effect.

I’m not talking about stuff that was sold eight years ago. I’m talking about markup expectations from what was just sold last year. And I’m not talking at or even reasonably above premium. At some point I realize the item isn’t really for sale unless it’s for a King’s ransom and I just walk away from the table.

[joshuanip]

Oh, speaking of not seeing a nice card in a while, there was a 1928 Yuengling Lou Gehrig PSA 4 that popped up on eBay. Not going to last long if I have anything to do with it...

[Leon]

A few great auctions coming up LOTG, Mile High and REA. Has to be something in those to go for!! And I know Brian Goldner (hey Brian) had great taste so I am anxious to see his collection sale in Mile High.