What is the dope on Mike Wheat?

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Posted By: James Verrill

I have purchased many, many cards from Mike - no complaints. Sure - his prices can often be on the high side, and he tends to overgrade by one-half to one full grade - but, he's a straight shooter. He does a couple of things I appreciate. First - he has scans of practically everything he sells. Why doesn't everyone do that? It seems to me like it should be a given. See what you're buying. He's good that way. Second, if you buy alot of cards from him, he'll offer a discount. Not a big one - but, it's an incentive for a buyer to come back. That's a smart business approach, and it creates a positive customer service perception. Third - and this is important, I think - he's smart enough to know when it's time to just let a card go. Most "dealers" won't do that. They want to hold it until that opportunity a decade from now when some unbeknownst buyer will pay triple the true value. Mike doesn't do that. He hates to keep cards sitting around. That's good business sense in a lot of ways. Mostly, it makes sense to sell for less than the profit you anticipated - because it frees up capital. Also, though - by doing so, it makes possible the acquisition of new card stock - which gives the perception you always have new inventory ("rolling").

Anyway - I don't want to plug his business too much here - but, when you see someone doing something the right way, I think its worth noting. People are certainly quick to comment when folks make mistakes! It should work both ways.

He also takes credit cards - which I like.

Just my personal take.

JV