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  #1  
Old 02-21-2021, 07:07 PM
Yoda Yoda is offline
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A short personal story about card price appreciation: I consigned to a well-known AH a PSA RC of Rickie Henderson for a recent auction. I was told it should fetch about $1,000, which what I sort of figured given recent sales of the card at the time. It sold for $1,100, and I was a happy boy.
Fast forward 3 months to the present and Rickie is all over Ebay at between $3,000 -3800. And we all know there are a bazillion Rickeys out there. Good Grief.
I have a couple in for grading at PSA which will probably make their way back to me when the Mars Rover completes its mission and Rickies are worth $25.
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  #2  
Old 02-21-2021, 07:26 PM
Aquarian Sports Cards Aquarian Sports Cards is offline
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John, How do you think I felt selling a Jordan rookie in PSA 9 for a consignor for 16k and being happy with the sale...

...at the time.
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  #3  
Old 02-21-2021, 09:22 PM
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pokerplyr80 pokerplyr80 is offline
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John, How do you think I felt selling a Jordan rookie in PSA 9 for a consignor for 16k and being happy with the sale...

...at the time.
You should feel fine if it went for that it was worth at the time. Obviously we'd all take any card back that was sold more than a month or so ago at today's prices. But I certainly wouldn't blame the AH that sold it just because the market changed.
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  #4  
Old 02-21-2021, 09:29 PM
Aquarian Sports Cards Aquarian Sports Cards is offline
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You should feel fine if it went for that it was worth at the time. Obviously we'd all take any card back that was sold more than a month or so ago at today's prices. But I certainly wouldn't blame the AH that sold it just because the market changed.
I appreciate that and of course rationally I know that, but still when people rely on you to maximize their return it's hard not to second guess yourself.
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  #5  
Old 02-21-2021, 10:20 PM
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Casey2296 Casey2296 is offline
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I appreciate that and of course rationally I know that, but still when people rely on you to maximize their return it's hard not to second guess yourself.
Your job is to maximize a sellers return once they have decided to sell, nobody can expect you to predict the future.
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  #6  
Old 02-21-2021, 10:21 PM
cardsagain74 cardsagain74 is offline
J0hn H@rper
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I appreciate that and of course rationally I know that, but still when people rely on you to maximize their return it's hard not to second guess yourself.
Yep but (and I know you know this) your part in "maximizing their return" doesn't spill over into helping them time the market.

Your conscience about it speaks very highly of your character though
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  #7  
Old 02-21-2021, 10:36 PM
Yoda Yoda is offline
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John, How do you think I felt selling a Jordan rookie in PSA 9 for a consignor for 16k and being happy with the sale...

...at the time.
Scott, I feel slightly nauseous considering what it would go for today. A '33 Goudey Ruth #53 on REA PSA 5 with the auction now in extending bidding was $55K last time I checked. That must be a record for the grade.
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Old 02-21-2021, 10:42 PM
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Scott, I feel slightly nauseous considering what it would go for today. A '33 Goudey Ruth #53 on REA PSA 5 with the auction now in extending bidding was $55K last time I checked. That must be a record for the grade.
If you're talking about the SGC 5 ending tonight it's at 90k right now.
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  #9  
Old 02-22-2021, 09:08 AM
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I sold two lebron chrome 2003 rookies psa 10 66 k for both ,,a 24 year old kid bought them ,,i guess the market stinks ,,,
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  #10  
Old 02-22-2021, 09:52 AM
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I sold two lebron chrome 2003 rookies psa 10 66 k for both ,,a 24 year old kid bought them ,,i guess the market stinks ,,,
the better question is where does a 24 year old get 66K from? He either works in Finance or his father must have deep pockets
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  #11  
Old 02-22-2021, 10:27 AM
dio dio is offline
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the better question is where does a 24 year old get 66K from? He either works in Finance or his father must have deep pockets
maybe work in tech,
prime yrs for tech workers are fresh grad -30
by the time reaches 40s - once got laid off, pretty much done

those new to the industry get a lot of stock options, maybe they use the stocks to buy cards
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  #12  
Old 02-22-2021, 12:06 PM
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the better question is where does a 24 year old get 66K from? He either works in Finance or his father must have deep pockets
These kids are flippers i never asked its none of my business,,they have more money then god ,,he deals in hight end stuff,,then again Greenwich ct is wealthy..
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  #13  
Old 02-22-2021, 03:18 PM
68Hawk 68Hawk is offline
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the better question is where does a 24 year old get 66K from? He either works in Finance or his father must have deep pockets
Wife and I own (US Bank too) a condo in Palm Springs to retire to and rent it out over the winter months to help pay mortgage and HOA's.
A mid 20's couple Guy/Gal from Seattle rented it for 2 1/2 months this last Nov-Jan at 4K a month to escape the WA winter blues.
Tech kids, very nice, ran the sheets in the washer and dryer when they left and made note that the second bedroom toilet fluid valve was a slow filler.

Liked them a lot and they want to come back same time next year.
No idea if they like cards, but young professionals who aren't getting married before 30, aren't taking out mortgages, aren't sticking all their dough in cars, don't have kids....well they've got plenty of income to 'enjoy' their lifestyles.

Didn't ask if they liked sportscards, but I think this forum discounts plenty of regular people who love sports, make 45k - 145k, and want to own some cool cards of their sporting icons.

I mean, it's not as if they're blowing it on settees and X (no concerts no raves) so why not?
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