Quite the markup

[Fred]

I can remember when this was a "hobby". People having fun collecting stuff. A little friendly competition in bidding here and there. Then there's the business side of this hobby. I don't begrudge people making a few bucks, but this is just obscene. My only guess is that someone is trying to play a registry game here.

Card sells for $316 on ebay and then ten days later it's listed on ebay for more than 4x the purchase price.

2DeansMcC.jpg


1DeansMcC.jpg

[mrreality68]

You are correct but sadly not surprising.

A lot of great cards at all price levels on eBay but most are well over priced by a factor of 3 or 4.

It seems like

1. The sellers are hoping there are “suckers out there” waiting to way over pay
Or
2. It is a way for people to show their collection. Think of how many cards you may have seen on eBay that have been there for years. And even funnier as the market value goes up they raise their prices even higher so it is well above the market price so no one wants to pay.

[Scott L.]

Business 101 for Dean's.

[BobC]

We're not in Kansas anymore!

[savedfrommyspokes]

Dean has 8-10 employees' salaries to cover....based on his other offerings, this is a mild mark-up.

[Kutcher55]

The much bigger offense is when new sellers pop up selling 1990 Donruss Ken Griffey Junior cards for $250. I see that sort of thing all the time. I wonder if they are bots.

As for Deans, yeah their prices are consistently awful, but someone must be paying them. It is odd though as I find not too many folks who pay good money for vintage are that clueless about market pricing.

[Snapolit1]

See same exact thing every week with photos. Someone buys a type 1 photo from one of the AHs for $1700 on Saturday night and all of a sudden its on eBay for $4500. One guy seems to buy half the nice photos on the market. Cool model if it puts change in the jar, but once I see someone operating that way I assume nothing is fairly priced and pay a lot less attention to them moving forward.

[mrreality68]

Yep Dean follows under Category one trying to find a sucker to pay the high prices and yet he seems to move a lot of cards

This person has some great cards on ebay (for YEARS) and seems to more want to display them then sell them.

I guess each their own. It is there right to do as they chose and the consumer to do as they chose but I agree I feel sorry for those uneducated in the collection world that over over over pay

[Snapolit1]

Originally Posted by mrreality68

Yep Dean follows under Category one trying to find a sucker to pay the high prices and yet he seems to move a lot of cards

This person has some great cards on ebay (for YEARS) and seems to more want to display them then sell them.

I guess each their own. It is there right to do as they chose and the consumer to do as they chose but I agree I feel sorry for those uneducated in the collection world that over over over pay

I remember when you had to pay money to list on eBay. Was a different world. Now people get 100s (1000s?) of free listings.

[buymycards]

Originally Posted by Snapolit1

I remember when you had to pay money to list on eBay. Was a different world. Now people get 100s (1000s?) of free listings.

I have a Premium store and I get 10,000 free BIN listings and 500 free auction listings per month.

[Yoda]

Dean must certainly have a cadre of loyal and rich customers. His overheads can't be cheap He certainly must be off-loading at prices few on this Board would pay. What's his charm?

[RCFire82]

There are definitely some sellers I wish I could exclude from my "t206" search on eBay. It gets annoying when they re-list hundreds of cards at ridiculous prices, and I now have to sift through all that...however, this sometimes presents an opportunity on a card that is a good deal that gets lost in the mix.
Outside of the occasional great buy-it-nows that pop up (like the Hindu PSA Merkle portrait I snagged the other day for $2oo) I feel like patience and waiting for auction style listings (with reasonable opening bid prices) is the best way to go.

[Cliff Bowman]

He won a 1967 Topps Punch Out Jim Wynn PSA 6 on eBay for $200-$300 a year or two ago and immediately relisted it for $760, needless to say it’s still available. Toppsaholic uses the same business model.

[babraham]

Originally Posted by RCFire82

I feel like patience and waiting for auction style listings (with reasonable opening bid prices) is the best way to go.

Yes, that is what I do too. Do a search and then filter by auction listings...everyone's BIN prices are outrageous right now.

[ballparks]

Originally Posted by mrreality68

You are correct but sadly not surprising.

A lot of great cards at all price levels on eBay but most are well over priced by a factor of 3 or 4.

It seems like

1. The sellers are hoping there are “suckers out there” waiting to way over pay
Or
2. It is a way for people to show their collection. Think of how many cards you may have seen on eBay that have been there for years. And even funnier as the market value goes up they raise their prices even higher so it is well above the market price so no one wants to pay.

This is bonkers in the ticket realm as well. There are some notorious ones. There is also a lot of schill bidding going on I am sure. When greed gets into the hobby and people are making lots of money, ethics goes out the window.

[BobbyStrawberry]

Originally Posted by RCFire82

There are definitely some sellers I wish I could exclude from my "t206" search on eBay.

Oh, yes. One seller in particular.

Does Dean actually ever sell anything?

[jingram058]

Originally Posted by Fred

I can remember when this was a "hobby". People having fun collecting stuff. A little friendly competition in bidding here and there. Then there's the business side of this hobby. I don't begrudge people making a few bucks, but this is just obscene. My only guess is that someone is trying to play a registry game here.

Card sells for $316 on ebay and then ten days later it's listed on ebay for more than 4x the purchase price.

It isn't a hobby, you are quite right. It is a very selective club, clique if you will, of very well-heeled investors and speculators, who can't wait to post their latest multi-thousand-dollar card pick-up and pat themselves, and others in the clique, on the back in congratulations. Every now and then some discussion or forum threads come along that seem hobby related. But in reality the hobby is long gone.

[RCMcKenzie]

It's still the same hobby to me as it was when I was a kid. Whether I'm trading 10 1978 Eddie Murray's for a 62 Mays, or buying a card I want at Dean's for 5x what he just paid, it's for fun.

N172's are all over the map in price.

Remember that scene from The Blues Brothers? "You're the good ol' boys?"

[frohme]

Originally Posted by RCFire82

There are definitely some sellers I wish I could exclude from my "t206" search on eBay.
[...]
.

You can include or exclude one or more sellers using the 'Advanced' link to the right of the blue Search button.

Down at or near the bottom is the Sellers section where you can include or exclude sellers - my searches have had both Deans and yepbg excluded for quite a few years now.

T207 search counts dropped from over 1200 to ~700 without any other filtering.
--
Mike

[Gorditadogg]

Originally Posted by BobbyStrawberry

Oh, yes. One seller in particular.



Does Dean actually ever sell anything?

You can exclude sellers you know. To the right of the ebay search bar there is an Advanced Search button. Click that and you will get a new page of search options and towards the bottom there is a section where you can exclude sellers by name.

Sent from my SM-G955U using Tapatalk

[BobbyStrawberry]

Originally Posted by Gorditadogg

You can exclude sellers you know. To the right of the ebay search bar there is an Advanced Search button. Click that and you will get a new page of search options and towards the bottom there is a section where you can exclude sellers by name.

Sent from my SM-G955U using Tapatalk

Thanks, Al. I had no idea!

[RCFire82]

+1
Thanks 👍

[mrreality68]

Agreed some excellent learnings thanks

[Shoeless Moe]

Originally Posted by ballparks

This is bonkers in the ticket realm as well. There are some notorious ones. There is also a lot of schill bidding going on I am sure. When greed gets into the hobby and people are making lots of money, ethics goes out the window.

whatever do you mean.....

https://www.ebay.com/itm/22466879037...QAAOSwCyphfaGn


https://www.ebay.com/itm/29450806796...4AAOSwQGphfaI8

[Exhibitman]

No point getting all bunged up just because some jackhole is offering a card way above market. Just don't buy it and another will come along. Unless it is rare, in which case the seller can pretty much ask whatever he wants and hold out for someone who wants it bad enough to pay it.

[cgjackson222]

I realize this topic has already been exhausted, but I am still somewhat amazed by Dean's Cards' business model.

I bought a '52 Bowman Minoso Rookie PSA 5 with cream color border in October for $275 https://www.mercari.com/us/item/m59903051311/ (Yes I bought in on Mercari of all places), but thought the card was over-graded and ended up buying a nicer one with the white border.

So I posted the $275 PSA 5 for $345 on ebay just to cover my costs and it was purchased by ebay user "stuckonthird" within hours, and when I went to mail it, the name was Dean Hanley of Dean's Card in Cincinnati Ohio.

I checked out his website, and the $275 card has been reborn as a $970 card.
I guess its like selling mattresses--the markup is so high that you only need to sell a few a week to make ends meet. https://www.deanscards.com/Minnie-Minoso-Baseball-Cards

Anyway, he was considerate enough to leave me positive feedback....

[JollyElm]

Get ready for them to start posting here...

30. Dean-noser (also Dreckonomist)
A person who, in the face of all common sense, always feels compelled to praise the well-known and heavily discussed eBay rip-off artists who laughably try to sell their cards for ten times as much as everyone else.

[Aquarian Sports Cards]

A hideous 5 to boot. If I submitted that I guarantee it would've comeback 5 MC

[cgjackson222]

Originally Posted by Aquarian Sports Cards

A hideous 5 to boot. If I submitted that I guarantee it would've comeback 5 MC

Agreed. One of the worst 5's I've seen, and very surprised it didn't get dinged with an "MC"

But I guess its not too ugly to mark up almost 300%

[cgjackson222]

It's actually such a bad 5 that I was too ashamed to try to sell on the BST here. But it was a good fit for ebay I guess.

[Aquarian Sports Cards]

Originally Posted by cgjackson222

It's actually such a bad 5 that I was too ashamed to try to sell on the BST here. But it was a good fit for ebay I guess.

Literal LOL

[Casey2296]

I almost pulled the trigger on an "outrageously" priced 51B PSA 3 Mantle at 11k in early 2020, centered but the registration was a little off. I'm not a spilled milk guy but I definitely want a do over on that one.
I've bought several key cards from Dean for my collection but they have been very specific needs.
The example shown seems a bit crazy to me, it's just not a quality card one would pay a premium for, Minoso cards will cool considerably much like the 54T Aaron etc.

[Leon]

Originally Posted by Casey2296

I almost pulled the trigger on an "outrageously" priced 51B PSA 3 Mantle at 11k in early 2020, centered but the registration was a little off. I'm not a spilled milk guy but I definitely want a do over on that one.
I've bought several key cards from Dean for my collection but they have been very specific needs.
The example shown seems a bit crazy to me, it's just not a quality card one would pay a premium for, Minoso cards will cool considerably much like the 54T Aaron etc.

I have done business with Deans and have always had good service. The only way to mark something down is to mark it up .
.