I am gonna vent

EYECOLLECTVINTAGE · #1 11-21-2017, 12:57 PM

Quote:

Originally Posted by markf31

So none of the multiple dealers who you contacted about this pin were interested in offering you more than you had paid for it. Dealers. People who are in this business to make money, were not willing to offer you more than you paid for it. You think its worth $1500 to $5000, or more...so if it WAS worth that much, dont you think that one of those dealers you contacted would have snatched it up at say $1000 ir $1200 if they knew it was worth $1500 to $5000? I mean, they would make a 25-50% profit at a minimum...right up a dealers alley! Or maybe your valuation of this pin is way off base and the true valuation of what is a relatively non-descript pin that simply says "1919 world's Series" of which no other examples can be found...is closer to, or less than, the price you actually paid for it.

Just a thought.

I was being offered 900-1000 (because they knew I paid $750.

Would you sell a 1919 guess pass for a 25% profit? Be honest. And do you really think it's worth less than $1500?

bobbyw8469 · #2 11-21-2017, 01:05 PM

Quote:

Would you sell a 1919 guess pass for a 25% profit? Be honest. And do you really think it's worth less than $1500?

Yes....and not think twice about it. You got lucky to get it as cheap as you did. I thought I got lucky to get my 1932 US Caramel Lefty Grove as cheap as I did. Until someone won it for $300 less than me. Then I realized I wasn't lucky at all. I was a fool. Take the profit and run.

EYECOLLECTVINTAGE · #3 11-21-2017, 01:19 PM

I disagree with that (no hard feelings as I respect your opinion). When holding a piece such as this, the reward far outweighs the risk in my opinion. The down side is $750 (which it's not, but if I lost it then yes). The upside is... Who Knows?

On a baseball card, where the market is set for the most part, the ceiling is only so high.

timzcardz · #4 11-21-2017, 01:38 PM

I've yet to see a business make money sitting on inventory.

Turning $750 into $100 is a 33% increase. By the third flip you've more than doubled your money.

EYECOLLECTVINTAGE · #5 11-21-2017, 01:50 PM

Quote:

Originally Posted by timzcardz

I've yet to see a business make money sitting on inventory.

Turning $750 into $100 is a 33% increase. By the third flip you've more than doubled your money.

And $750 into $2000 is a 275% increase and will probably take the same time as flipping 10 items for 33%

EYECOLLECTVINTAGE · #6 11-21-2017, 01:51 PM

Quote:

Originally Posted by markf31

Perhaps this was a poor example for this specific pet peeve of yours then? You can hardly blame anyone who is skeptical of paying the valuation you think it has, when its a unique item where the only market history, is the history you established when you bought it.

It was just one example lol I said numerous things happened. You are right though it wasn't the absolute best example, just the most recent.

Stampsfan · #7 11-21-2017, 02:18 PM

Man oh man, I miss a couple of days, and lots of entertaining banter. I have opinions on these subjects too, so in summary...
I feel everyone is entitled to place whatever price they want on any item, and everyone is entitled to make whatever offer they like. People getting offended and getting their panties in a knot is a little silly. Make the offer, don't accept the offer, and simply move on. Getting personally offended is a waste of energy.

In terms of interest and entertainment...

Quote:

Originally Posted by JollyElm

In the recent miniseries about how the FBI finally tracked down the Unabomber, that phrase took a front seat in the examinations and comparisons of text/writings in the case. I was laughing because I always hated the way the phrase is generally said (wrongly) in our country, "You can't have your cake and eat it too," and one of the things that led them to Kaczynski was his repeated use of the 'correct' wording of the phrase. Fascinating stuff.

This one surprised me. So using proper grammar helped pin this guy down? Wow!!! That is sad on so many levels.

Quote:

Originally Posted by Snapolit1

How about people who say they want to trade up to an iconic card worth six figures by stating clearly that their plan is to repeatedly give board members something worth less than what they receive in return.
Love those guys.
Just sayin.

This one made me laugh this afternoon, I thought it couldn't be topped...

Quote:

Originally Posted by frankbmd

I’ve decided to become an architect today. What kind of pencil do I need to get?

... until this statement. I snorted out loud here at work over lunch. Well done Frank.

bobbyw8469 · #8 11-21-2017, 02:27 PM

Quote:

Originally Posted by timzcardz

I've yet to see a business make money sitting on inventory.

Turning $750 into $100 is a 33% increase. By the third flip you've more than doubled your money.

Tell that to the people that have sat on ANY of the high grade rookies listed below...
NAMATH
CLEMENTE
AARON
JIM BROWN
MANTLE

I would love to have some of those beauties back.

Exhibitman · #9 11-21-2017, 03:18 PM

It really depends on the card and the timing. If the card is rare, you are justified in holding out for your price. Maybe you are wrong and the card won't sell, but maybe you are right and the card will sell to that collector who has to have one and is willing to pay up to get it. It is a calculated risk that can pay off. Worst case scenario, you end up with a great card to enjoy for a while. I don't consider that the same as having inventory of mainstream common stuff. That stuff needs to move, in and out, get the money back to work. But for rare cards, I am just dandy with waiting. When someone balks at my ask for that kind of card, I tell them to go find one. If they can, vaya con dios. If not, I am still here, but you will pay my price for the card or you won't own it. And if you come back then I know you cannot find it elsewhere so my willingness to compromise is going to be lower...because I know.

Sorry if that seems cold-blooded or mercenary, but I cheerfully admit to it. At least I am polite...

EYECOLLECTVINTAGE · #10 11-21-2017, 06:02 PM

Quote:

Originally Posted by exhibitman

it really depends on the card and the timing. If the card is rare, you are justified in holding out for your price. Maybe you are wrong and the card won't sell, but maybe you are right and the card will sell to that collector who has to have one and is willing to pay up to get it. It is a calculated risk that can pay off. Worst case scenario, you end up with a great card to enjoy for a while. I don't consider that the same as having inventory of mainstream common stuff. That stuff needs to move, in and out, get the money back to work. But for rare cards, i am just dandy with waiting. When someone balks at my ask for that kind of card, i tell them to go find one. If they can, vaya con dios. If not, i am still here, but you will pay my price for the card or you won't own it. And if you come back then i know you cannot find it elsewhere so my willingness to compromise is going to be lower...because i know.

Sorry if that seems cold-blooded or mercenary, but i cheerfully admit to it. At least i am polite...

+100000

1952boyntoncollector · #11 11-21-2017, 07:52 PM

Quote:

Originally Posted by Exhibitman

It really depends on the card and the timing. If the card is rare, you are justified in holding out for your price. Maybe you are wrong and the card won't sell, but maybe you are right and the card will sell to that collector who has to have one and is willing to pay up to get it. It is a calculated risk that can pay off. Worst case scenario, you end up with a great card to enjoy for a while. I don't consider that the same as having inventory of mainstream common stuff. That stuff needs to move, in and out, get the money back to work. But for rare cards, I am just dandy with waiting. When someone balks at my ask for that kind of card, I tell them to go find one. If they can, vaya con dios. If not, I am still here, but you will pay my price for the card or you won't own it. And if you come back then I know you cannot find it elsewhere so my willingness to compromise is going to be lower...because I know.

Sorry if that seems cold-blooded or mercenary, but I cheerfully admit to it. At least I am polite...

Well a few years later if you still have the card and no takers...it doesnt maker the seller position stronger...

markf31 · #12 11-21-2017, 01:19 PM

Quote:

Originally Posted by EYECOLLECTVINTAGE

I was being offered 900-1000 (because they knew I paid $750.

Would you sell a 1919 guess pass for a 25% profit? Be honest. And do you really think it's worth less than $1500?

If a dealer thought there was money to be made by paying more, they would have. They're goal is to make money so if they thought it was valuable enough to buy from you at say 1400 and sell in excess of say $1750 for a profit of at least 25% then I'm pretty sure every dealer would have jumped at that chance. They're in the business to make money, its all percentages to them. They dont care what they have to pay for an item, as long as they get it for under a certain percentage of what they feel the can comfortably sell it for and none of those dealers you offered it to felt the item was that valuable...the story spells that out. Just because you think its value is between $1500 and $5000 does not mean the market will bear out your valuation.

As for me? I wouldnt think to purchase that pin for anywhere close to what you paid for it. The market might prove me wrong and so be it. But a non-descript pin that simply says "1919 World's Series" on a generic baseball medallion...that makes no mention of the Reds, Cincinnati, the White Sox, or Chicago...just doesnt hold the value it does to me, that it apparently does to you. Just my opinion.

EYECOLLECTVINTAGE · #13 11-21-2017, 01:26 PM

Quote:

Originally Posted by markf31

If a dealer thought there was money to be made by paying more, they would have. They're goal is to make money so if they thought it was valuable enough to buy from you at say 1400 and sell in excess of say $1750 for a profit of at least 25% then I'm pretty sure every dealer would have jumped at that chance. They're in the business to make money, its all percentages to them. They dont care what they have to pay for an item, as long as they get it for under a certain percentage of what they feel the can comfortably sell it for and none of those dealers you offered it to felt the item was that valuable...the story spells that out. Just because you think its value is between $1500 and $5000 does not mean the market will bear out your valuation.

As for me? I wouldnt think to purchase that pin for anywhere close to what you paid for it. The market might prove me wrong and so be it. But a non-descript pin that simply says "1919 World's Series" on a generic baseball medallion...that makes no mention of the Reds, Cincinnati, the White Sox, or Chicago...just doesnt hold the value it does to me, that it apparently does to you. Just my opinion.

You are entitled to your opinion on this. I guess time will tell. You are failing to mention collector's and not just dealers which I mentioned. In total 3 people answered me. 2 dealers and 1 collector.

A lot of times, I find that dealers are scared to pay up on a item with no history. Like I said, there is no exact market on this piece as it has never traded. It came from Muchinsky's collection who said it came from a White Sox executive.

I don't mind taking chances on weird items. Maybe to a fault, but it's what makes this hobby fun to me. Seeing stuff that's never been seen etc.

markf31 · #14 11-21-2017, 01:36 PM

Perhaps this was a poor example for this specific pet peeve of yours then? You can hardly blame anyone who is skeptical of paying the valuation you think it has, when its a unique item where the only market history, is the history you established when you bought it.

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