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#1
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yepbg. Hands down. 707 (which I like BTW) gives away their cards compared to yepbg.
__________________
Now watch what you say, or they'll be calling you a radical, a liberal, oh, fanatical, criminal Won't you sign up your name? We'd like to feel you're acceptable, respectable, presentable, a vegetable If we are to have another contest in the near future of our national existence, I predict that the dividing line will not be Mason and Dixon's but between patriotism and intelligence on the one side, and superstition, ambition and ignorance on the other.- Ulysses S. Grant, 18th US President. |
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#2
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Last edited by Shoeless Moe; 07-20-2011 at 09:51 PM. |
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#3
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IMO, yepbg wins hands down.
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#4
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I agree with yepbg. 707 is right up there, although I have gotten a good deal or two on a best offer from Levi.
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My collection: http://imageevent.com/vanslykefan |
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#5
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i remember seeing like a $50-$75 t205 psa star going for like $1,000 from some seller not sure who, and some psa authentic 1887-1895 cards in the thousands when they should be in the hundreds from several different sellers
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my 1952 topps set less than 60 to go!!! also looking for psa 3-6 1954 topps hockey looking for 1952 topps high series commons |
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#6
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#7
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These guys may be smarter than you give them credit for. yepbg had around $5700 in sales in the last week on just a handful of cards. Maybe 20 or somewhere around there.
Now if he doesn't need the money and can afford to sit on stuff, why not sell that way, strictly from an investment stand point. He still has all the inventory he can eventually sell and it isn't a ton of work selling so few cards. Very little labor time. At 20% profit margin after all the expenses are paid he is making close to $1200 for doing very little work. Basically it looks like these guys are making a little money and increasing their inventory quite a bit. They must be doing something right from a purely investment stand point. |
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#8
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I would think his profit margin is alot higher than 20%. I know he bought a card from me for $20 and sold it for $125. I would think that is more the norm than 20%.
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#9
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Quote:
Looks like he is doing something right. Even at 20% margin he made over $1000 last week and only had to package 20 items. By the way, I am taking all of his other expenses into account with the 20% margin.Card supplies, office supplies, fees, shipping and shipping supplies, computer costs, all that good stuff. At any rate, I don't think these guys are just wasting their time. Seems to be working rather well for them. |
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#10
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I haven't totaled up all that yepbg has sold over the past week because I stopped scanning the 'sold' pages after going through about 500 listings and not seeing any that sold at all. But I did check his completed listings over the past 15 days and, checking from most expensive down, I noticed that he sold a total of 11 of his most expensive cards -- out of the first 1200 listings he had. Which means he's selling less than one 1 out of 100 of his most expensive listings. If that's how he wants to waste his time, good for him.
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http://www.flickr.com/photos/calvindog/sets |
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#11
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Unless you can replace the inventory relatively quickly, it doesn't make sense to turn it over quickly at a low margin. Now I do think these guys do take it to an extreme with extremely high margins and an extremely low turnover ratio.
Last edited by alanu; 07-21-2011 at 04:21 PM. Reason: grammar |
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#12
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Quote:
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#13
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Not even close. Totally correct here. Yepbg is usually 3-4x what the card is worth if that. Sometimes he lowers his price by 5% to remain only 395% above market value. Sells about 1 of every 700 cards he lists at ridiculous BIN prices.
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http://www.flickr.com/photos/calvindog/sets |
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