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#1
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Curious: Opinions on KitYoungCards
Posted By: Dan Mathewson
Every time I see an auction up by Kit Young Cards, their opening price is often up to twice the card's value. Any idea what is the story? Anyone have any dealings with them? They have over 5k feedback, so they must sell some items, but I've NEVER seen anything of theirs with an opeing bid that I could ever call even remotely reasonable. Example follows, a Matty Venezuela Retirado with bad paper loss on back. It ain't worth $100... |
#2
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Curious: Opinions on KitYoungCards
Posted By: Rob
They seen to be very high on all of there items even if you look in their catalog. Yes 5000 feedback but it must have taken over 5,000,000,000,000, auctions. |
#3
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Curious: Opinions on KitYoungCards
Posted By: jay behrens
on rare occassions they ahve cards that are close to a reasonable price. I remember him offering a e102 Lajoie that I almost bought. |
#4
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Curious: Opinions on KitYoungCards
Posted By: jeff s
yes, they are high. I'm not sure how their costs work out, but I have to imagine that they are using eBay auctions for publicity/list-building. When I did once buy something (a t3 keeler for $100) I was immediately placed on their mailing list (which I hadn't been on for a couple of years). |
#5
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Curious: Opinions on KitYoungCards
Posted By: Julie Vognar
back in the early '80s, when i was building my '53 Bowman set. Kit was very helpful. Then I got a letter from Nacho, saying he would be my special hekper. And for a while, he was. Galled me when they got some Mayos in, and I bought a nice Mayop Derlahanty with one crease, nice borders, for $1300. But mostly now, I don't get much from him. |
#6
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Curious: Opinions on KitYoungCards
Posted By: Marc S.
They are one of the bigger retail outfits for cards. Access to a lot of "collector-grade" cards, with much of it fairly high priced. You have to remember that in this hobby, a very large percentage of people are still not shopping on Ebay and the Internet. They have market presence and history as a dealer. You don't have to buy from them -- but usually they are a decent enough outfit. For what it's worth (and I'll say worse rather than better), I would say that Mr. Mint is basically the head buyer for Kit Young -- keeping the best stuff for his auctions and the collector-grade stuff going to Kit and his catalog. The few times that I have seen some 1950s commons graded PSA 8 from Kit on Ebay, the starting prices were reasonable. |
#7
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Curious: Opinions on KitYoungCards
Posted By: Eric Eichelkraut
is banking on Dan, is his name (or their name) for the higher prices he commands. Since he's been around for a long time as a seller, and probably banks on his reputation as a straight laced honest seller, he probably figures that he'll start his auctions just above what anyone else would sell it at, because he can. I don't know KY, but I just bought something from him, for the first time, and the deal went really smoothly. I think I paid a tad bit more than I would have liked to have paid (I do that occasionally anyways!), but I was satisfied in the end. As a small-time seller, I think I share Kit's mentality, in that as a trusted and well-known "good guy", he retains the right to push his price bar just a little higher. On the other side of the coin though, I think on average he starts his auctions way too high, and can't understand why people spend the money they do with him, when, if patience is used, it can be found on Ebay for much less. |
#8
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Curious: Opinions on KitYoungCards
Posted By: Julie Vognar
I have found him to be making hay off of a long and early reputation. His grading, which used to be great, has slipped a lot. What used to be "vg-ex" to Kit is now "ex" or even "ex+"(about the way everyone else grades!). Still, his catalogues are worth looking through. |
#9
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Curious: Opinions on KitYoungCards
Posted By: jeff s
I meant to mention that in my last post. Julie is right - KY's grading is a solid 1/2 grade too high, sometimes a full grade too high. What's bizarre is that while the grading is somewhat inconsistent, he uses a lot of inventive grades like vg/vg-ex, or gd/g-vg. I can't confirm that his grading used to be better, but I can confirm it ain't that great now. I have to imagine that the people doing the grading aren't always the same, and there has been some turnover. |
#10
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Curious: Opinions on KitYoungCards
Posted By: Jonathan Perry
Just figured I would offer my opinion on Kit Young's prices. I belive his prices are so high because he has to protect his retail business. He has spent 15-20 years building his retail clients, and now does not want to lose them to e-bay and other online auctions. I am sure he has several repeat customers that buy only from him and his catoluges (except for a card show here and there.) If you look at any retail monthly catoluge the prices always seem higher than e-bay, same goes for Wayne Varner and Steve Verkman. |
#11
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Curious: Opinions on KitYoungCards
Posted By: Dan Mathewson
...and, i see the points everyone has made here. I just think that Kit Young, dealing on eBay, must be counting on novice bidders to get those dollars. I certainly wouldn't pay what KY asks, and I don't think many would who are "in the know". I simply won't pay another 50-100% above what the market bears just to buy a card from KY. i literally see cards at auction go for x-dollars, and I see KY run the same card with similar grade/comparison/condition (or perhaps even a touch worse) for 1.5X or 2X. All the time. |
#12
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Curious: Opinions on KitYoungCards
Posted By: leon
Once you have been burnt by an auction only going to half it's real worth, then sell because there was no reserve, you might change your mind. I used to think the same way as you. Now I don't. I am not picking at you just giving my opinion on that aspect. best regards. BTW, Ole Kit made some serious bucks off our man "Rocket dude" ....not that I looked at his buying habits like the rest of ya'll |
#13
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Curious: Opinions on KitYoungCards
Posted By: Dan Mathewson
...but, eBay user "irishhosta" is the same way. Notoriously starts auctions with way-high prices. I've never thought any of his/her opening bids were anywhere even close to reasonable... |
#14
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Curious: Opinions on KitYoungCards
Posted By: leon
I have bought from this, somewhat dubious, ebayer many times. Always good, collectible grade, material at mostly reasonable prices. Sometimes they want a few bucks too much, like most people in business, but always a smooth transaction and excellent communication. regards all.... |
#15
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Curious: Opinions on KitYoungCards
Posted By: Cy
I always wondered how Kit Young, and even Bill Henderson, make money with their ebay auctions. Both seem to place many cards with higher prices on ebay and with little results. The fees that they pay seem astounding. However, both of these men are very shrewd businessmen. What we may not be able to see, I am sure they are able to see a positive to their so called madness and, in the long run, do very well with these auctions/advertisements. |
#16
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Curious: Opinions on KitYoungCards
Posted By: Dan Mathewson
...I think there must be a method to their madness, else why continue the madness... |
#17
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Curious: Opinions on KitYoungCards
Posted By: Mark
Not sure if anyone mentioned it, but Kit Young produces a catalog (it may be a quarterly catalog) that lists tons and tons of material. Most of it is off grade stuff (VG to EX), with some higher stuff thrown in. But most of the catalog has very reasonable prices. |
#18
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Curious: Opinions on KitYoungCards
Posted By: runscott
I don't find Irishhosta to be dubious at all - I have bought lots of cards from Diane, all at good prices, and as you said, all extremely smooth transactions. She is also a very friendly and prompt communicator. |
#19
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Curious: Opinions on KitYoungCards
Posted By: leon
du·bi·ous Pronunciation Key (db-s, dy-) |
#20
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Curious: Opinions on KitYoungCards
Posted By: runscott
I was just checking to see if you were so bored that you would reply! I wasn't even dubious about it |
#21
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Curious: Opinions on KitYoungCards
Posted By: Lee Behrens
Hi All, I have recently sold all the T205's I waas willing to sell to Kit Young, and I received very fair prices that you would receieve through ebay without all the fees. I am attaching the email he sent after buying one of my T205 auctions. |
#22
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Curious: Opinions on KitYoungCards
Posted By: TBob
Kit is gearing up to dump a bunch of off grade T205s to Topps for another giveaway or whatever you call the inclusion of these vintage cards as premiums that appear in regular Topps packages. |
#23
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Curious: Opinions on KitYoungCards
Posted By: TBob
which hasn't been mentioned is that some times "newbies" hit the ebay board and have a quick trigger finger on vintage cards without really knowing the true value of cards and might enter a bid on one of these "too-high" minimum bid cards. I have seen it happen over and over. Plus factor in the morons who are bidding astronomical prices for libertyforall's pieces of paper torn from magazines and there may be some method to their seeming madness. |
#24
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Curious: Opinions on KitYoungCards
Posted By: Dan Mathewson
In Lee's posting, he prints an e-mail from KitYoung which, among other things, says: |
#25
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Curious: Opinions on KitYoungCards
Posted By: Lee Behrens
Let's get realistic Dan. He is not talking about HOFers. If you watch T205 common prices he is willing to pay over what they go for on ebay. The cards I offered him over the email were at prices I was happy with and they agreed right away. |
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