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Originally Posted by Stampsfan
Is this a fact that he said that? Wow if true. Not exactly a business based on volume.
I’d love to see a reference to that or some metrics to back that up. I bet there are more cars doctors than that.
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He did, I believe on this forum when he used to participate. Someone with better search skills can probably find it.
And it makes sense - PWCC sells 50mm a year, if 20mm of that is ultra high end, 25 whales could easily consume all that inventory. I suspect a lot of ultrahigh end inventory is in a few hands and if/when these guys exit look out.
The card doctors are selling cards to all types of collectors. If you look at most outed cards they are in the 500-1k range. Even the big ones are under 25k. The doctors are making money on volume, turning 50’dollar bills into 1k paydays