What is the most important lesson you've learned through collecting?

Gradedcardman · #1 12-21-2018, 05:14 PM

That when you are ready to sell, no one gives a damn what you paid and they shouldn't. Its all about the market at that moment.

Jim65 · #2 12-23-2018, 09:00 AM

Quote:

Originally Posted by Gradedcardman

That when you are ready to sell, no one gives a damn what you paid and they shouldn't. Its all about the market at that moment.

+1

I hate when I make an offer that is more than fair and the seller replies that he paid more than that, I'm sorry that you overpaid but it does not mean I'm going to.

ls7plus · #3 12-25-2018, 09:13 PM

Quote:

Originally Posted by Jim65

+1

I hate when I make an offer that is more than fair and the seller replies that he paid more than that, I'm sorry that you overpaid but it does not mean I'm going to.

I like this one. Brings to mind the experience I had at last year's National with a dealer who had a 1917-20 M106 Felix Mendelsohn Tris Speaker with two large tack holes in the card. It is, in truth, a rare card, but the tack holes were quite distracting and decreased the eye appeal substantially. Still, I made him what I considered to be an extremely reasonable offer for the card. His indignant reply was, "I paid more than that for it!" My response was that maybe it was time to cut his losses. He disagreed. Who knows? If restoration continues to make an impact and this set continues to gain recognition, maybe time will reveal that he made the right choice!

Best to all this holiday season,

Larry

HercDriver · #4 12-25-2018, 09:39 PM

That is so true!! I bought GE stock, and it has tanked. So who do I complain to that I lost? I hate when people want to pass their bad decisions on to me...

Cheers,
Geno

Quote:

Originally Posted by ls7plus

I like this one. Brings to mind the experience I had at last year's National with a dealer who had a 1917-20 M106 Felix Mendelsohn Tris Speaker with two large tack holes in the card. It is, in truth, a rare card, but the tack holes were quite distracting and decreased the eye appeal substantially. Still, I made him what I considered to be an extremely reasonable offer for the card. His indignant reply was, "I paid more than that for it!" My response was that maybe it was time to cut his losses. He disagreed. Who knows? If restoration continues to make an impact and this set continues to gain recognition, maybe time will reveal that he made the right choice!

Best to all this holiday season,

Larry

toledo_mudhen · #5 12-26-2018, 06:14 AM

Quote:

Originally Posted by Jim65

+1

I hate when I make an offer that is more than fair and the seller replies that he paid more than that, I'm sorry that you overpaid but it does not mean I'm going to.

2 Things -

1.) Buy High - Sell Low and
2.) Pete Rose deserves to be in HOF

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