General card valuation question

[raulus]

I’ll mostly agree with Jim here.

I do think that if you want a card badly enough, then your only choice is to pay what the market demands.

But in a case where you’re not nearly so motivated, then you have every right to pass if you’re not willing to pay the going rate. Along those lines, particularly for rare stuff that almost never trades, sometimes you have to be willing to lose out on stuff to learn what the market really is. Otherwise, you end up buying everything and always wondering if you’re just setting the market yourself, with no one else being willing to pay anywhere close to that amount.

[Vintagedeputy]

Originally Posted by raulus

I’ll mostly agree with Jim here.

I do think that if you want a card badly enough, then your only choice is to pay what the market demands..

I can agree with that. Again, it comes down to if you like the card someone says is worth $50 more than the $50 bill in your pocket. Only the buyer can make that decision.

[raulus]

Originally Posted by Vintagedeputy

I can agree with that. Again, it comes down to if you like the card someone says is worth $50 more than the $50 bill in your pocket. Only the buyer can make that decision.

I’m with you there.

I think the point that I’m trying to make is that we’re often a lot less cold and calculating. Instead, we often get emotional and irrational, particularly in an auction format. We start out with a max price of $1,000, and the next thing you know, the price is at $3,000, there’s 30 seconds left on the clock in extended bidding, and we’re trying to decide if we can justify going up one more bid increment.

[Leon]

Anyone that has collected long enough has done this multiple times. I have done it frequently.

Originally Posted by raulus

I’m with you there.

I think the point that I’m trying to make is that we’re often a lot less cold and calculating. Instead, we often get emotional and irrational, particularly in an auction format. We start out with a max price of $1,000, and the next thing you know, the price is at $3,000, there’s 30 seconds left on the clock in extended bidding, and we’re trying to decide if we can justify going up one more bid increment.

[raulus]

Originally Posted by Leon

Anyone that has collected long enough has done this multiple times. I have done it frequently.

Glad to hear I'm not alone!

Don't get me wrong...some of my most cherished pieces have come from irrational bidding behavior. So there can definitely be a silver lining, even if we feel a little out of control in the moment.

[Leon]

Originally Posted by raulus

Glad to hear I'm not alone!

Don't get me wrong...some of my most cherished pieces have come from irrational bidding behavior. So there can definitely be a silver lining, even if we feel a little out of control in the moment.

I have stuff that I have no idea why I bought it. Eventually, I come to my senses and sell it usually taking a small loss in those instances.

Back to topic. Ebay and auction house previous sales are great ways to find card valuations. I was unaware that Hunt doesn't add the BP into their completed sales prices.
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