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Non-Sport Update's Card Talk General Card Discussion Don't talk to me about resale values!Go | New | Find | Notify | Tools | Reply | |
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Diamond Card Talk Member |
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.  | |||
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Bronze Card Talk Member |
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. ____________________ My dog is a RotweillerXLabrador. He'll bite your leg off but he'll always bring it back to you. | |||
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NSU Pricing Specialist |
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. ____________________ Bill D. AKA: Promo Czar (self-appointed) | |||
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Silver Card Talk Member |
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.  ____________________ | |||
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| Silver Card Talk Member |
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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| Silver Card Talk Member |
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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| Silver Card Talk Member |
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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Member |
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. ____________________ What do you call a set missing more than 10 cards? Singles! | |||
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Titanium Card Talk Member |
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. ____________________ Come, it is time for you to keep your appointment with The Wicker Man. | |||
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| Member |
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. | |||
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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. | |||
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| Bronze Card Talk Member |
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!!! ____________________ *** Owner of 258 West Authentic Signatures - Like us @ www.facebook.com/TwoFiftyEight | |||
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