Quote:
Originally Posted by botn
Well in the case of the SGC 86 in Oct 2016 the card sold for roughly 141K plus the juice whereas the other night it sold for 112K plus the juice. That is several bids off so interest has definitely diminished.
As for the PSA 6, it sold almost a year ago for 85K plus the juice whereas the other night it only went for 67K plus the juice, several bids off from the previous sale.
Neither sale was the next week and the difference between what the consignor paid for each of these cards and what they got for them was much greater than a 20% swing.
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still we are talking about a year ago which isnt long when talking about a 50k card. If i bid on a card and lost by one bid which was a few k and i was the highest underbidder, i know i wouldnt bid higher. So another bidder would have to come out of the woodwork who probably already knew about the other sale.
Im guessing that the person that consigned the card a year earlier had the card for more than a year. Selling a 40k card in a year to me is a flipper. Again we are talking about the within a range that the sky isnt falling as opposed to ON FIRE analysis. If you can find that the card sold for more prior to that year old sale that would be interesting. Hertiage for example i believe reduces the juice on the consignor if they bought the card at their auction previously.
Also we dont know what arrangement on that juice was...if the seller was able to keep 10% of the juice the consignor lost within the 20% range. When you buy and driive a new car off the lot you lose a few k at least on a 50k dollar car.