Trading in 2023

[trambo]

it seems like the $10k cash- $13k trade is done by many dealers as a way to "win" the trade. Not many cards I have to have that will make me want to pay a 30% premium in cards to do it so I usually don't work w/those people. While I appreciate the transparency, it makes no sense to me to give up more cards than cash when i can sell the cards for $13k anyway. To each their own.

[bandrus1]

Originally Posted by trambo

it seems like the $10k cash- $13k trade is done by many dealers as a way to "win" the trade. Not many cards I have to have that will make me want to pay a 30% premium in cards to do it so I usually don't work w/those people. While I appreciate the transparency, it makes no sense to me to give up more cards than cash when i can sell the cards for $13k anyway. To each their own.

I think those dealers would happily say go get the 13 and come back with the 10

For someone strictly buying and selling it doesn't make a whole lot of sense to depend on a last comp as a guarantee theirs will sell for that

[trambo]

Originally Posted by bandrus1

I think those dealers would happily say go get the 13 and come back with the 10

For someone strictly buying and selling it doesn't make a whole lot of sense to depend on a last comp as a guarantee theirs will sell for that

Probably so but a 30% delta seems a little crazy. I can appreciate a dealer in it to make a profit but when the card they're trading was likely purchased for less than 100% of value, seems like it's a parlay into a very rich margin. Good gig if you can get it and not disparaging anyone for trying to make a profit. Just not something I'd be willing to do If I'm trading equally valuable stuff of similar quality and quantity.

[Jstottlemire1]

Originally Posted by trambo

it seems like the $10k cash- $13k trade is done by many dealers as a way to "win" the trade. Not many cards I have to have that will make me want to pay a 30% premium in cards to do it so I usually don't work w/those people. While I appreciate the transparency, it makes no sense to me to give up more cards than cash when i can sell the cards for $13k anyway. To each their own.

Amen to this I feel the exact same on this.