Flipping Cards

[Jewish-collector]

Dealers make their living doing this. A dealer wins a huge lot in a major auction & breaks it up & resells it on eBay or their own web site or at shows. It's not rocket science. Collectors do the same thing to a lesser degree as you've all described in this thread.

As someone who can't afford much, I miss out on the fun because I can't afford to buy anything worthwhile to resell.

[Fuddjcal]

Welcome to the new E-bay!!!

I've been noticing this scenario with Autographs for months and I'm sure it's the same for cards. This KLH guy with 40,000 feedback for one and there are many others. They buy all the nice stuff at auction and then immediately list it in their store as a buy it now for double. I also find it funny that he has 40,000 feedback and he never leaves any.

It is rather disheartening that you are bidding against dealers and then they double the price on you. Reminds me of the PIG Real Estate agents that were running the prices up on all the good people who wanted to buy a house so they could flip it a few years back. That worked out well for them.

[FUBAR]

the real estate thing happens here in Vancouver all the time. The Rich buy up all the condos, sometimes 10 at a time in the new buildings and then as soon as they are sold out, which happens in hours here, they add 25% to the price and list it for sale. They just past a new law here to try and stop them from doing this as it drives our housing costs through the roof!