Questions for dealers

[EYECOLLECTVINTAGE]

Originally Posted by Leon

Generally as a dealer there needs to be more margin than what you are talking about. Maybe $4k-5k in commons might net you around half that in trade. Just my thought on where I might be. Of course the cards still have to be decent and so forth...

Originally Posted by bnorth

I agree with Leon on this. With a dealer you would be very lucky to get 50%. I have made a few trades like this and the person with 1 card always gets a premium compared to the guy with a stack of cards. When trading with a dealer you have to consider all the extra time it will take them to unload the lot compared to the single card.

As an example I traded a rare Joe Dimaggio for almost a complete run of Willie Mays cards and received about a 20% premuim for the single card.

Guys,

Recount... I have about 8300 commons haha. Majority late 60's early 70's.

All in pages and binders.

over 1000 1969 cards in great shape
over 600 1960 topps cards
over 600 1966 topps cards
and a mix of 300-600 of each other year

So about 300 61's 300 62's etc.

I'd want 4K-5K in trade. You think that is unreasonable? Figure theres gotta be at least 12K resale when broken up.

[bnorth]

Originally Posted by EYECOLLECTVINTAGE

Guys,

Recount... I have about 8300 commons haha. Majority late 60's early 70's.

All in pages and binders.

over 1000 1969 cards in great shape
over 600 1960 topps cards
over 600 1966 topps cards
and a mix of 300-600 of each other year

So about 300 61's 300 62's etc.

I'd want 4K-5K in trade. You think that is unreasonable? Figure theres gotta be at least 12K resale when broken up.

Unless they are in real NrMt condition I would say you would be lucky to get 10% in trade. That many low end commons could take years to unload.

[Huysmans]

I agree with the 10% ratio.
And to be honest, even at that rate I think most dealers would decline.
The space needed, time and work involved, and once the best of the best was gone... there would be a lot of valueless "residue" left over that would never sell.

[Leon]

Oh it would all sell. Everything sells for a price. .....it's just that the price could be cards for literally a few cents (or less) each.

Originally Posted by Huysmans

I agree with the 10% ratio.
And to be honest, even at that rate I think most dealers would decline.
The space needed, time and work involved, and once the best of the best was gone... there would be a lot of valueless "residue" left over that would never sell.

[Huysmans]

Originally Posted by Leon

Oh it would all sell. Everything sells for a price. .....it's just that the price could be cards for literally a few cents (or less) each.

Uhh I don't know Leon.... Low grade 1970s commons? I think you might have trouble giving those away.
And even if they did sell, how long would it take to reap in those pennies per card?

[Leon]

Originally Posted by Huysmans

Uhh I don't know Leon.... Low grade 1970s commons? I think you might have trouble giving those away.
And even if they did sell, how long would it take to reap in those pennies per card?

I only buy cards to 1969 so you are probably right. I understand some later years go for 10 for a penny and less. I never said I would do this, btw.
I have 6000 or more decent commons, hof'ers and stars from the 50s-60s I have been selling at shows for the last year. I am not buying many more of those right now and I have reverted to going back to more pre-war buying and selling .

[EYECOLLECTVINTAGE]

Originally Posted by Huysmans

Uhh I don't know Leon.... Low grade 1970s commons? I think you might have trouble giving those away.
And even if they did sell, how long would it take to reap in those pennies per card?

The 70's are in VG-ex to ex.

The 69's are the same

Every thing in the 60's is VG some better some worse

50's is good some better some worse

[Huysmans]

Originally Posted by EYECOLLECTVINTAGE

The 70's are in VG-ex to ex.

The 69's are the same

Every thing in the 60's is VG some better some worse

50's is good some better some worse

That's pretty much what I meant Stephen...

1970s commons in VG-EX are low grade.
As are 1960s commons in only VG or worse...

I honestly think most dealers wouldn't touch it...
but if that's the route you try and go, I wish you the best of luck.


Brent

[bbcard1]

I no longer deal, but I once did extensively. There are times you just look at a deal and say, " That won't work." Even at 10% of your estimated value if I am a dealer and I have $1000 worth of high end (let's say a Cobb Red background, but if you are trying to boil it down to one or two cards, it's going to be high end and sellable cards or else considerably overpriced) inventory versus a monster box of commons, the fact that you can sell one card versus having to lug around the monster box for years, you'll keep the single card. There is a chance that you might find a dealer who has an expensive but slow selling card he has had in inventory forever that he sees as if he sees as inventory he is going to be buried with that he might trade. You would probably be best off to move them as lots on eBay or BST. Even then it's not going to be easy to get to 40% or book value, IMO. The exception is if you peel out the high numbers. The 1961s and 1966s if in any condition at all will do well. Sadly there's not that much demand for the 1969s, which I think is a fun set. Please note, I am often wrong, but I think you are in a position to either do the work yourself or settle for literally pennies on the dollar.

[EYECOLLECTVINTAGE]

Originally Posted by bbcard1

I no longer deal, but I once did extensively. There are times you just look at a deal and say, " That won't work." Even at 10% of your estimated value if I am a dealer and I have $1000 worth of high end (let's say a Cobb Red background, but if you are trying to boil it down to one or two cards, it's going to be high end and sellable cards or else considerably overpriced) inventory versus a monster box of commons, the fact that you can sell one card versus having to lug around the monster box for years, you'll keep the single card. There is a chance that you might find a dealer who has an expensive but slow selling card he has had in inventory forever that he sees as if he sees as inventory he is going to be buried with that he might trade. You would probably be best off to move them as lots on eBay or BST. Even then it's not going to be easy to get to 40% or book value, IMO. The exception is if you peel out the high numbers. The 1961s and 1966s if in any condition at all will do well. Sadly there's not that much demand for the 1969s, which I think is a fun set. Please note, I am often wrong, but I think you are in a position to either do the work yourself or settle for literally pennies on the dollar.

Yes not looking for a Cobb or anything in demand. Just 1 card that I can hold on to to make room. Something that is a slow mover for someone else. Where they say hey it might be a 5k card but I've had it forever. And they can make back 2x that on this lot.

[bnorth]

Originally Posted by EYECOLLECTVINTAGE

Yes not looking for a Cobb or anything in demand. Just 1 card that I can hold on to to make room. Something that is a slow mover for someone else. Where they say hey it might be a 5k card but I've had it forever. And they can make back 2x that on this lot.

Your best bet is to just sell them in large lots by years and take what you can get. I would be amazed if you could get a $500 card in trade for that many low end commons. Would you even consider trading a $1K card of yours for that pile of low end commons?

[EYECOLLECTVINTAGE]

Originally Posted by bnorth

Your best bet is to just sell them in large lots by years and take what you can get. I would be amazed if you could get a $500 card in trade for that many low end commons. Would you even consider trading a $1K card of yours for that pile of low end commons?

I'm not a dealer so prob not. If I was and I had slow moving inventory and the clients that want to set build it would be a no brainer. If I knew I could get .75 a card on average in person it's worth it to me. I just don't have the client base.

I'd prob do 3k trade as a dealer if I knew over 2-3 years I'd triple up in exchange for a card I've been sitting on anyways

[Huysmans]

Originally Posted by EYECOLLECTVINTAGE

I'm not a dealer so prob not. If I was and I had slow moving inventory and the clients that want to set build it would be a no brainer. If I knew I could get .75 a card on average in person it's worth it to me. I just don't have the client base.

I'd prob do 3k trade as a dealer if I knew over 2-3 years I'd triple up in exchange for a card I've been sitting on anyways

If it took 2-3 years, once you factor in your time - assuming you value that...
A dealer wouldn't triple his money... He'd barely break even.

[Beastmode]

Originally Posted by bnorth

Unless they are in real NrMt condition I would say you would be lucky to get 10% in trade. That many low end commons could take years to unload.

++ Your NrMt will probably be a dealers Ex. Other way around when your buying. Condition governs here. If they really are Nrmt-Mt (PSA 7/8's), then you hold the leverage and can drive the price because any dealer with half a brain can unload raw vintage high-end cards in a minute for a big profit.

If they show wear, then, IMO, you will have to take what you get.

get a few graded or post a few on here of the general condition. You'll get some better assessments.