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Don't talk to me about resale values!
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Platinum Card Talk Member
Picture of Raven
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Consignment is an option, but again a lot of work is involved in it and I have found that most dealers will not consider it for bulk collections. They will for a few items when they are of relatively high value so that their commission is worthwhile and its a short term project to sell them.

I hope no one thinks this thread should engage in dealer bashing. Like I said before, its a business and dealers must make a profit as its their living. I know many honest and reliable dealers who are worth their weight in gold, and yes, I have also come across some bad types. That would be true of any profession.

The thing collectors reading this should understand is that bulk sales will simply not get you much in the way of resale value no matter what you are selling. If you are under that impression, you have been misinformed. You must sell your cards individually or in small lots to other collectors. That way you can ask for close to book prices and you will certainly get way more than a dealer can afford to pay. Unfortunately this takes time, effort, contacts, shipping materials and communication with prospective buyers. Its a lot of work.

Bulk sales of any collectible are an option for people who need cash fast, or who have had a change in lifestyle, or who inherited something they don't know or care about, or who have suddenly become so disgusted with their interest that they just want to get rid of it all. Whatever the reason the result will be the same. Even if you can find a dealer who is willing to make an offer, you won't get much in terms of a percentage of book because he/she is taking all the responsibility of trying to sell it off your hands. It falls under the old saying of you can't have your cake and eat it too. Big Grin
 
Posts: 7492 | Location: New York | Registered: November 20, 2007Reply With QuoteReport This Post
Bronze Card Talk Member
Picture of btlfannz
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Just the same, the whole process of catalogue valuations makes an utter mockery of reality.
When I was a kid a stamp catalogue meant what a particular stamp would be worth if you bought it off a dealer. It was understood of course that those prices were the dealers selling price and not what he would pay you for the stamp.

When you look at the NSU Magazine Price Guide or indeed Todd's Encyclopedia of non-sport trading cards there is always a disclaimer saying (effectively)that the price shown is neither a buying price nor a selling one. Further more that the price shown is a guide only. To which I would respond well in that case what is the point of it all?
As my long departed dear old Dad (from whom I inherited the collector gene from)used to say "The value of absolutely anything at all is only as good as what someone is prepared to pay for it"
How true, how true.

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Posts: 509 | Location: Auckland New Zealand | Registered: January 26, 2011Reply With QuoteReport This Post
NSU Pricing Specialist
Picture of Bill DeFranzo
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quote:
Originally posted by btlfannz:
Just the same, the whole process of catalogue valuations makes an utter mockery of reality...

When you look at the NSU Magazine Price Guide or indeed Todd's Encyclopedia of non-sport trading cards there is always a disclaimer saying (effectively)that the price shown is neither a buying price nor a selling one. Further more that the price shown is a guide only. To which I would respond well in that case what is the point of it all?"
How true, how true.


To answer your question, "well in that case what is the point of it all?" let me quote a collector who has already posted an answer, "the price shown is a guide only."

NSU prices are averages. The averages are historic by the time you receive the published magazine. An average, by definition, does in no way suggest that any card ever sold at that price. We try to keep the standard deviation small by eliminating absurd sales but we can't control time nor can we force dealers to report sales. Ironically, it works against some dealers to report selling prices because collectors want to pay below guide which lowers the average over time when only those sales are reported. If a card is hot, getting it at guide might be a steal. If the series is cold then those cards can probably be found below guide. Note the term, "guide", throughout my post. The latest Big Bang series came out just before we went to press. Expect a complete update in the next issue now that the early adopters have satisfied their needs, always an issue for accurate averages over time. So, in my words, a guide is nothing more than a guide. It is to be used in conjunction with the collector's knowledge and experience of the current marketplace, not a substitute for them. I never go to a card show without a guide even to review Inkworks chase cards when rummaging through dealer's 50 cent boxes.

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Posts: 901 | Location: Hampton NH 03842 | Registered: March 17, 2001Reply With QuoteReport This Post
Silver Card Talk Member
Picture of Tattoox
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quote:
Originally posted by beamer:
eng621 and all fellow collectors,

When I started to collect 30 years ago, my goal was to do the same thing. Wait until I die then let my family have it. Now that I have retired, I have re-thought that whole scenario. Why wait until I am dead? I would rather spend the money WITH my family and enjoy it WITH them when I am alive.

Even though you created an excel program for them to make it easier to sell and set up contacts to help them move it, only you can really make sure that your family gets the most out of your collection. And why burden them with that task? Believe me, selling a huge collection is a nightmare.

I sold off 98% of my collection. I had over 4 million cards and 1,000 wax boxes. We paid off the house, paid for my daughters college in full, purchased new cars, fixed up the house and have cruised and traveled the planet. And I got to enjoy the 30 years of collecting. I had just as much fun spending the money as I did collecting.

Why wait to die when you can enjoy the money with the ones you love. I am so glad I didn't leave it behind. I do have some cards left, my favorites, but I am not ready to sell those yet.
Just think how much it would mean to your family to spend time with you now doing all the things you ever dreamed of doing.

I don't believe you are doing anyone a favor by leaving it behind. When you get to that point in your life when you know it's time to sell, just do it. You will not regret that decision. I surely didn't. Thanks for listening.


Awesome story. It has me rethinking dying with my collection. I'll have to wait to sell though. Not because of the market. One, I don't have time. Two, I'd like to know what my nieces would like to keep for themselves, and I think they're a little two young to know right now.

I know they want my sketches and autographed 66 Batmobile. Wink

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Posts: 1619 | Location: Oregon | Registered: August 25, 2004Reply With QuoteReport This Post
Silver Card Talk Member
Picture of Tattoox
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quote:
Originally posted by MrBlueofnyc:
I hear words like "blood sucking dealer" and I think people forget. Dealers are not required to buy anything. He gave a price he was willing to pay after calculating what he would need to do to make money. Also how much time and effort would be needed to make that money. Question one has to ask themselves ( from a dealers point of view )

1) how long will it take me to move these items.
2) How much will I be able to make on this.
3) is the time and effort worth that amount of money.
4) is my money better off being spent else where.
5) do I have the time needed to put in to move it or will it sit and i forget about it

All of these things are factors.

Now also a negotiation tactic is to sometimes lowball the first offer. Why does a dealer want to do this?

A) the sellers takes the lowball offer
B) Everyone always over evaluates their own collection (or item they are selling) and the lowball offer makes them question their evaluation.

Now there are risks to this, A the buyer, ups and leaves and doesnt bother to negotiate and you dont get the chance to buy the collection at the real number you were willing to pay.

You say then, well the dealer is just being greedy. No this is there living and if they just came out and said their best offer the people would then just think that that offer was them lowballing them anyways.

You as the seller have to also yourself if you will have the time, energy to sell off the collection on your own and is the diffrance the dealer was offering and what you could get on your own worth it?

Dealers have connections and people who are looking for things, a dealer might be able to sell the same item for twice as much as you could on your own. so you could go through all of the trouble of selling it on your own and still only come out with the $2500 or maybe even $4000 but is that extra $1500 worth the time and effort you put in to selling?

Food for thought from the other side.


Good points. There's a fine line there, and as a buyer I do tend to point my finger at some sellers. But, I do look at the going rate and the trend, and usually I'm justified. Like first sellers after a convention. The usual suspects that somehow get extra con stuff. And the scumball flippers that only go to conventions and buy up limited product for a profit, while pretending on forums to be a fellow collector.

Back to the "points" that's why I have tons of stuff in closets, sheds, attic, storage unit....just collecting dust and getting rained on. Just don't have the time to list and sell. With what I have extra, with this economy, it's almost time to start hauling off to the dump. Collecting and life goes on, while the excess falls to the wayside.

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Posts: 1619 | Location: Oregon | Registered: August 25, 2004Reply With QuoteReport This Post
Silver Card Talk Member
Picture of Tattoox
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quote:
Originally posted by Logan:
On a similar note, does anyone go through stretches where they get bored with collecting? I feel I'm in a bit of one right now. Tired of spending money, frustrated with cards not holding the price I paid for them weeks before, bored with a lot of the upcoming releases. I think I need to take a step back from buying so I don't totally burn myself out. Smile


Sometimes bored, because there's nothing out there I want. But usually frustrated for various reasons.

I collect alot of stuff. Cards, busts, statues, and sketches for the most part.

The cards and busts (which I mostly collect) is where my frustration lies.

Unjustified high prices because the manufacturer knows there's a demand for the product. And justifying lies.

Shipping delays, because the manufacturer doesn't care to deal with manufacturing issues.

Allocations. Nuff said.

Yeah, I know $#!% happens. I know some things cost more today than they did 10-20 years ago. I know not everyone involved will come through on time. I know lower production ends up to higher end costs.

BUT, if you're constantly behind 9-12 months, quit giving a release date 3 months out. ADJUST.

Post updates/communicate with your customers.

I call it greedy, and feel taken advantage of when I, yes I and I'm to blame for my wants, want a product is X% more than a similar item. And X% higher than their competition. When I know additional rare product per box cost around $5, but the price has gone up $25 for a rough estimate.

In about 15 years a Bowen Designs statue has doubled. I know manufacturing costs have gone up. But I don't believe for a second that the costs have doubled. My bills haven't doubled. My income hasn't doubled. So yeah, I think something stinks here.

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Posts: 1619 | Location: Oregon | Registered: August 25, 2004Reply With QuoteReport This Post
Silver Card Talk Member
Picture of Tattoox
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And one other thing. I'm a big time Marvel collector and it's almost to the point of too much product this year.

Too many sketch cards, everywhere. But the one per case sucks too.

And that brick and mortar thing.

I've been rethinking collecting cards for the past 6 months.

I have all the Marvel Bowen busts, but I did take nearly a year off.

Might have to go cold turkey on busts and cards. It's really getting that bad.

Going to conventions and getting autographs and sketches is much more enjoyable. Mostly because I don't have to deal with all this BS.

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Posts: 1619 | Location: Oregon | Registered: August 25, 2004Reply With QuoteReport This Post
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Picture of cardcollectors uk
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For me, the only effective price guide is the 'completed auctions' section on eBay. If I'm making an offer on some cards, It's the only real guide to what things are actually selling for. Customers usually see the highest Buy It Now price, but the price everything but the most sought after cards actually sell for is usually a fraction of that. If you are valuing your collection or items for sale that probably the best indicator.

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Posts: 128 | Location: United Kingdom | Registered: September 08, 2005Reply With QuoteReport This Post
Titanium Card Talk Member
Picture of wolfie
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quote:
Originally posted by cardcollectors uk:

For me, the only effective price guide is the 'completed auctions' section on eBay. It's the only real guide to what things are actually selling for.



I agree with that. If you offer a card to the whole world, which in effect is what you are doing with an ebay auction, and the highest bid you get is $5 then that may not be what the card should be worth but it is certainly close to what you can expect to get for it should you sell it.

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Posts: 27934 | Location: wolverhampton staffs uk | Registered: July 19, 2002Reply With QuoteReport This Post
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Its okay to get bored every once in awhile. I collect many things so it doesn't bother me. I was once bored with cards so I focused on my comic and statue collection. Now I'm interested in cards again and getting bored with my statue collection.

And as far as selling goes. I don't mind selling something for a bit lower than actual going price. But when the price or offer is way too low, thats when it gets annoying.
 
Posts: 97 | Location: United States | Registered: November 04, 2009Reply With QuoteReport This Post
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quote:
Originally posted by wolfie:
quote:
Originally posted by cardcollectors uk:

For me, the only effective price guide is the 'completed auctions' section on eBay. It's the only real guide to what things are actually selling for.



I agree with that. If you offer a card to the whole world, which in effect is what you are doing with an ebay auction, and the highest bid you get is $5 then that may not be what the card should be worth but it is certainly close to what you can expect to get for it should you sell it.

But ebay prices vary at a very wide range depending on many factors such as number of bidders (plus regions allowed by seller for shipping), keywords, member/seller knowledge, and members online. The last two could be the biggest factor for the final price, so I think luck will be the factor here. A potential high bidder can miss a rare item if he has not searched for that item during the auction period.

I had a similar experience but on a positive side, I bought one card at $30 + $6 shipping fee. This card varies from $15-35 in ebay auction. But I also won a similar BGC graded card at just $12 + $4 shipping fee as a lone bidder.
 
Posts: 69 | Location: Earth | Registered: November 01, 2012Reply With QuoteReport This Post



Bronze Card Talk Member
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quote:
Originally posted by juke:
quote:
Originally posted by wolfie:
quote:
Originally posted by cardcollectors uk:

For me, the only effective price guide is the 'completed auctions' section on eBay. It's the only real guide to what things are actually selling for.



I agree with that. If you offer a card to the whole world, which in effect is what you are doing with an ebay auction, and the highest bid you get is $5 then that may not be what the card should be worth but it is certainly close to what you can expect to get for it should you sell it.

But ebay prices vary at a very wide range depending on many factors such as number of bidders (plus regions allowed by seller for shipping), keywords, member/seller knowledge, and members online. The last two could be the biggest factor for the final price, so I think luck will be the factor here. A potential high bidder can miss a rare item if he has not searched for that item during the auction period.

I had a similar experience but on a positive side, I bought one card at $30 + $6 shipping fee. This card varies from $15-35 in ebay auction. But I also won a similar BGC graded card at just $12 + $4 shipping fee as a lone bidder.


True Value is what someone is willing to pay. if there is only 1 person looking for sed item on the market at that one time, thats what its worth. Then there is what its worth to you. You can take a look at the high value (inflated by multiple bidders ) and try and sell it at the point. Or sell it low enough to temp someone who might not have been searching for that item to buy it due to them thinking its a good value to them. If we all knew that sweet spot number then we would all be rich =). In this game, like baseball if you bat .300 your doing great!!!

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Posts: 522 | Location: New York City | Registered: February 01, 2006Reply With QuoteReport This Post
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