Interesting dilemma: liquidation percent off?

[Deertick]

Originally Posted by Tyruscobb

I’m not saying this is you or your prices. However, some sellers don’t realize that the high-water mark has crested. Some sellers still have March 2021 prices listed, and will not really budge.

If this was your situation, then the bulk discount would’ve probably only pulled the lot down to current retail, which is not a discount at all. This would make your “discount” unreasonable.

Values have dropped 40% in the past 14 months??

[cubman1941]

I tend to agree with those that said you attempted to do right by the offer and it still wasn't accepted. I (and my wife) were in an antique mall for over 20 years finally getting out in 2020. We used to run into similar situations (although not cards). If we priced something at 25% off they would want 30% off, if we agreed they would say they would "think about it". I find it absolutely fantastic that you are able to do so well with cards in your mall. I would, from time to time, try and sell some of my older cards in the mall we were in with no success at all.

[Tyruscobb]

Originally Posted by Deertick

Values have dropped 40% in the past 14 months??

I did not say the market has dropped 40% since March 2021.

My point was that the analysis - whether the 40% discount was a great deal - hinges on whether the cards were accurately priced to reflect the current market, and not one that no longer exists.

If the marked prices, which some dealers are still using, reflected the market’s peak then a 40% discount is potentially not that great for a bulk purchase.

The poster said the cards were collectively marked for $10k. A 40% discount means that he wanted $6k. However, if the current market for the collective cards is only $8k, and he wanted $6k, then this is really is only a 25% discount.

It’s all relative.

[swarmee]

Understood. I wasn't going to sell them at a loss. I was just trying to gauge from other sellers their views on selling in quantity. My experience was just to kick off discussion.

[Luke]

Depends on a ton of factors, but if I were in your shoes I wouldn't have offered that big of a discount unless I had another 10k in cards to fill the display with. It's hard to find inventory and it takes time. You'd basically be breaking even on all those cards that you spent time trying to acquire. Breaking even is fine and a pretty good option for most people who don't spend much time on the hobby, but you sound like you are spending time and money to try and make a few bucks.

[Deertick]

Originally Posted by Tyruscobb

I did not say the market has dropped 40% since March 2021.

The poster said the cards were collectively marked for $10k. A 40% discount means that he wanted $6k. However, if the current market for the collective cards is only $8k, and he wanted $6k, then this is really is only a 25% discount.

It’s all relative.

That's a different scenario than a 40% discount bringing prices to current retail. But it is still indicating an overall 20% drop in value that I haven't seen in baseball.