White Plains NY Card show this weekend

[Robextend]

Originally Posted by calvindog

I mentioned to him that he was dreaming with that price and he responded that the card "books for $2400." I'm thinking, "which planet is this book on?"

I was there today submitting to SGC and JSA. It is funny when you want to sell cards to those dealers it seems as if they are using a different "book".

And I also find it funny how they will belittle the card in every way just to try and rip you off.

[calvindog]

Originally Posted by Robextend

I was there today submitting to SGC and PSA. It is funny when you want to sell cards to those dealers it seems as if they are using a different "book".

And I also find it funny how they will belittle the card in every way just to try and rip you off.

I have to say that getting lied to my face today by this dude was just bizarre. This idea that the price guide's prices (in near mint, of course, no matter the condition of the card) is somehow holy is obviously a fraud. Are buyers off of Net 54 that stupid or are they all unaware of VCP?

[Leon]

The last show I went to was the Philly show, a few months ago. While I had a great time visiting with Teddy Z and got to meet his even lovelier wife, I couldn't buy anything at the show. There was 1 card I wanted pretty bad. I walked around the table....went to a few other tables and came back. I finally got the nerve to ask the guy his price (and this is a big PSA dealer but is a friend too, so I won't mention his name). I know the card was a $400-$500 card....maybe a bit more. He told me it was $1450. I couldn't even make a counteroffer I felt was legitimate since his price was so over the top and just walked away shaking my head. There will be another of those cards for sure. I really don't get some of the pricing strategies. I am sure that dealer must have had a 3x-5x markup on that card. What happened to being happy with 20%-30% profit, or at least a reasonable street price (if they happened to get a great buy)?..regards

Leon is absolutely correct

It is remarkable how out of touch most the card show dealers are.

Except for the National and one or two other shows, we rarely find a high quality card worth purchasing.

Even in sets like Delongs, 34 Goudeys or 41 Playballs the dealers tend to be at least 2x the SMR.

What amazes us is that we have seen some cards at the same dealer's table
or the same E Bay BIN listing for over two years.

Leon is right- it seems that only private treaty with other collectors or auctionsare the only way to obtain rare cards at market prices


Bruce Dorskind
America's Toughest Want List
bdorskind@dorskindgroup.com

[JasonL]

This conversation confirms some things for me, which is comforting. But it doesn't help explain to me how it is that I can't seem to re-sell any of my own cards for anything more than a 50% discount to what I paid...Do I always overpay by this much? perhaps.
Regardless of the reason, the card karma never seems to go my way.
At least I know not to buy at shows.
That much I do know.

The shows seem to be simply social occasions for the dealers, because with pricing strategies like that, I don't imagine they sell anything whatsoever.

[calvindog]

Originally Posted by JasonL

This conversation confirms some things for me, which is comforting. But it doesn't help explain to me how it is that I can't seem to re-sell any of my own cards for anything more than a 50% discount to what I paid...Do I always overpay by this much?

Solutions:

More bidding parties.

More consignments to great guys (presuming they don't get indicted first).

[batsballsbases]

Originally Posted by calvindog

Solutions:

More bidding parties.

More consignments to great guys (presuming they don't get indicted first).

Jeff,
I hope yournot talking about Brockelman + Luckey Those guys are True Blue