REA is live

[mrreality68]

Originally Posted by Rhotchkiss

LOTG just put out a preview and Al has put together another amazing offering. Memory Lane will open soon too. "So many auctions with so much good stuff" is spot on!

Saw those also and amazing items on LOTG.
But on the flip side that could potentially hurt some items with only so much money around at one time and also if same cards or similar come up in multiple auctions could split the money and bids and lower prices potentially on some cards

Just curious Ryan are you donating to the needy collector addicts? Or providing low interest loan?

[BeanTown]

Originally Posted by mrreality68

Saw those also and amazing items on LOTG.
But on the flip side that could potentially hurt some items with only so much money around at one time and also if same cards or similar come up in multiple auctions could split the money and bids and lower prices potentially on some cards


?

+1

[Rhotchkiss]

[QUOTE=mrreality68;2331218Just curious Ryan are you donating to the needy collector addicts? Or providing low interest loan?[/QUOTE]

I know you are joking, but this is exactly what PWCC (and likely Goldin) does with cards in their vault. I think it’s a great business model for the lender if the LTV is low and interest rate is high; especially if you have control over the card and a platform to liquidate it. Probably not so good to be the borrower! That said, I could see where a person may responsibly want something like this short term - a must-have card comes up, you don’t have the funds, but you fully expect to have them in the not too distant future.

[mrreality68]

Originally Posted by Rhotchkiss

I know you are joking, but this is exactly what PWCC (and likely Goldin) does with cards in their vault. I think it’s a great business model for the lender if the LTV is low and interest rate is high; especially if you have control over the card and a platform to liquidate it. Probably not so good to be the borrower! That said, I could see where a person may responsibly want something like this short term - a must-have card comes up, you don’t have the funds, but you fully expect to have them in the not too distant future.

Off Course joking and yes I am sure many people use it just hopefully they use those loans responsibly

For me I buy it if I have it or I pass and wait until I do even if it means I miss out.

Slow, strategic and steady for me

[Snapolit1]

So many auctions. Funny, people look at 6-7 major auctions and see 100 things to bid on. I've gone through them all and there is 1 thing I really would love to have. Really really love to have. Really unique piece of memorabilia. And I'm not tellin . . . . . .