I got a big announcement!

slidekellyslide · #1 03-13-2017, 12:09 PM

I buy stuff at garage sales all the time for a buck or two that routinely sell for $100+. I feel no obligation to educate sellers. I've spent decades learning the values of items. I can tell you which Atari 2600 cartridges are rare, I can tell you which vintage Newsweek and Time magazines are in demand, I can tell you which vintage Star Wars figures are rare. If a seller prices his items for sale and it's a good deal I will buy it. I would never lie to someone though if they asked me what something was worth, and I hate going to garage sales where nothing is priced and the seller wants you to "make an offer".

Eggoman · #2 03-13-2017, 12:26 PM

Quote:

Originally Posted by slidekellyslide

I buy stuff at garage sales all the time for a buck or two that routinely sell for $100+. I feel no obligation to educate sellers. I've spent decades learning the values of items. I can tell you which Atari 2600 cartridges are rare, I can tell you which vintage Newsweek and Time magazines are in demand, I can tell you which vintage Star Wars figures are rare. If a seller prices his items for sale and it's a good deal I will buy it. I would never lie to someone though if they asked me what something was worth, and I hate going to garage sales where nothing is priced and the seller wants you to "make an offer".

AGREED! Coming from ANOTHER collector/flipper who put in the time to learn about "stuff"...

It becomes a chess match of sorts... Do I, on the "buyer's side" of the table, know more than the person on the "seller's side" of the table.

The seller will CERTAINLY NOT prevent me from paying too much for something at their sale. Therefore, is it my responsibility to tell them that they have under-priced something???

I think not...

You priced it and I am willing to pay your price. However, I will NOT haggle price over something that is clearly already a bargain.

iwantitiwinit · #3 03-22-2017, 04:13 PM

Just to stir the pot a bit any update on the big announcement?

rdwyer · #4 03-22-2017, 05:45 PM

Yes, I've been doing some private sales.

Snapolit1 · #5 03-22-2017, 06:08 PM

Quote:

Originally Posted by rdwyer

Yes, I've been doing some private sales.

Has the guy located his 1000s of T cards or does he need another month?

Leon · #6 03-22-2017, 08:53 PM

The OP has asked to lock this thread so it is being locked. Thanks....

SMPEP · #7 03-22-2017, 06:01 PM

I'll wade into the ethical obligation debate by mentioning my "original owner" standard.

If the person selling the 1952 Topps grey back is someone selling the cards their grandfather had as a kid, and they have no idea what they are selling, I'll educate them (and make a fair offer).

If the person selling the item is a professional card dealer who doesn't know what he has (which happens much less than it used to but some professionals would be shocked how many of these they sold), I won't say a thing and just buy it. Why? Well let me ask the dealer a question, did YOU Mr. Dealer give the original owner the fair market value of the item? The answer is No. You paid a faction of what you intend to sell it for. So the dealer put a price on the card that reflects the mark up from the price he gave the original owner.

In my mind, if anyone deserve the windfall profit, it's the original owner, not the dealer who didn't know what he was buying (and therefore didn't make a fair offer in the first place).

So if my professional knowledge is better than your professional knowledge Mr. Dealer, I EARNED that extra value. You didn't. And you still get the profit that your knowledge and skill earned from your original purchase. The original owner has a right to be peeved because he was taken advantage of - but not by me. It's the dealer that screwed him.

Cheers,
Patrick

richieb315 · #8 03-22-2017, 06:08 PM

Cards arrived quickly. Thanks

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