Quote:
Originally Posted by Exhibitman
The issue of when to take a loss is a difficult one. I certainly have cards I am upside down on. I sell them from time to time when it makes sense. One observation on this: I am much more likely to sustain a loss on a sale if I have had a really strong sale day already. If I am asked to discount and lose money at the start of the day, I am less likely to do so, but with a wad of cash in hand, I might say WTF. eBay affects that too: I don't "have to" take a loss at a show because I can probably find a buyer online if I am going to lose money.
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This is funny because I'm the opposite. If I know I'm upside down on a card and I get an offer I think is fair and is somewhat close to the card, I'd rather start my day knowing it's off my plate and knowing that I can pay for my tables/transportation/hotel/food with the sale. If I've made a good deal of money at the show, I'd rather hang onto the card and hope I can get a stronger offer since I already made my money.