BST Flippers

[Snapolit1]

I hate when someone resuscitates a thread of something I was bitching about 8 months ago and can no longer remember the point or what set me off.

[Leon]

Originally Posted by Snapolit1

I hate when someone resuscitates a thread of something I was bitching about 8 months ago and can no longer remember the point or what set me off.

LOL...it happens frequently, it seems. It's like WTF...that is old.
We have had 18+/- yrs old threads posted to the top before...
.

[Bridwell]

It has been a good discussion. Glad somebody resuscitated it!

[cannonballsun]

I'm not a dealer, I'm a collector. I have flipped many items that I have bought on eBay. If I see something that is worth more than the listed BIN or the highest bid, I am very likely to buy it and flip it or trade it later. It's like finding money in the street. Will you pick the money up, or will you pass it by ?
I would say by no means could I be described as rich or well-off. I'm just a working class guy. It is a way to pick up extra money to help finance my collection. It helps.
Now, to flip on net 54, that is a more touchy matter. Once I bought an item on net 54 that the other member priced way too low. I felt I should have given a heads up to him, but I didn't. It did make me feel a bit guilty. I didn't flip the item on net 54, but I did trade It to one of my trading partners. It was a very good trade for both of us.
As far as someone flipping something I sell, it doesn't bother me. Now if someone lied to me and said how much they needed it for their personal collection, and could I give them a break on the price, and then they flipped it, that would definitely leave a bad taste.

[parkplace33]

The problem with flippers right now is there are wayyyy more sellers than buyers. This will continue in 2022.

[Johnny630]

Things are not going to be as easy as they were in 2020/21 for the flash sellers.

[ullmandds]

It's almost comical over on facebook card groups...People are routinely posting cards from the junk wax era looking for advice on selling...grading, etc...thinking these cards have significant value. The pandemic may have given these cards a life...but now they appear to be back to junk status where they belong!!!

[bnorth]

Originally Posted by ullmandds

It's almost comical over on facebook card groups...People are routinely posting cards from the junk wax era looking for advice on selling...grading, etc...thinking these cards have significant value. The pandemic may have given these cards a life...but now they appear to be back to junk status where they belong!!!

They may be junk and almost completely worthless but they are by far my favorites. It is like throwing cash out the window of a moving vehicle but opening junk wax is the most fun in collecting cards. I used to love going to games and watching those guys play baseball.

[pokerplyr80]

Originally Posted by parkplace33

The problem with flippers right now is there are wayyyy more sellers than buyers. This will continue in 2022.

Not for the cards I'm looking for unfortunately.

As for the issue, I've always thought that flipping cards here you just bought elsewhere, or buying a card here just to send to an AH is in bad form and goes against the spirit of this site. But as others have mentioned many dealers are members and all are free to do as they please with cards they bought. I don't like it, but it is what it is.

[Peter_Spaeth]

Originally Posted by pokerplyr80

Not for the cards I'm looking for unfortunately.

As for the issue, I've always thought that flipping cards here you just bought elsewhere, or buying a card here just to send to an AH is in bad form and goes against the spirit of this site. But as others have mentioned many dealers are members and all are free to do as they please with cards they bought. I don't like it, but it is what it is.

Agreed. I think we're seeing a glut of many modern cards probably due in part to the PSA backlog getting cleared and huge numbers coming to market, but like Jesse, not noticing any declines in the cards I mostly look for.

[frankbmd]

Back to the original premise.

This happened to me on a recent sale. Two weeks after the sale, the card was listed in a Sterling Auction. I considered buying the card back for less than I sold it for.

And in fact the card sold the second time for less than I received in the initial sale.

So I guess I did okay. The odd part was that when I inquired about the listing in Sterling, the original buyer claimed that his collecting focus had changed. Plausible deniability I suppose, but the timing is still suspect.