Regarding the box of cards, what if the box was all junk wax and worth about $20.00. Could the buyer go back and ask for money back from the $300.00 they paid? No, the cards were sold for what they were sold for.
If the seller didnt care about the cards or whatever their selling and set a price, its not the buyers fault or obligation to tell the seller the real value
it is if the buyer knows they are paying pennies and they know the seller has no knowledge and is only selling because they are going through estate selling.
@@BrentonPercy it is not my job or problem to ask or find out if you checked the item or know the value of the item your selling ,whatever price you put on it is what I bought it for period ,if I find out it's worth more later that's just a lucky win for me
@@SteveJobIess if your selling something especially in 2024 you should easily be willing to check the value and worth 🤔 who doesn't have a phone a access to google or TH-cam that is able to even sell an item 😏 it's their choice and fault if they sell a CZ ring for 20$ that turns out to be a diamond worth 20k$
Sorry but I have seen retired and people with cash to waste do exactly that 😏 it's basically like gambling to them ,instead of playing Lotto or scratch offs there are those who take risks on pallets,boxes of items for sale it's not just cards but even electronics and even cars , it's crazy how deep the open market and even black market goes when selling and buying items and products
I know a pizza store in NYC that bought their oven off the black market cause it was so cheap and easy to get 😂 you think they care as long as it works perfectly and makes the money back 🤣 and customers love their pizza so it's a win
So if I spend $50 on a lottery ticket and win 1mil I should go back and give the mil to the store I bought it from right? Also people spend thousands on breaks but if they hit big they should give back to the seller even though they didn’t know what they were getting
I went through settling my Dad's estate a couple of years ago. There wasn't much to get rid of but I was still selling things for bargain bin prices just because I wanted it gone. Settling estates, and all the work that goes into it, is just a constant reminder of your loss. It's tiring and you just want to start the process of moving on. This is probably the case for 99% of estate sales in that they know they can get more but the time investment is too much.
I don't know where this "unwritten rule" of telling the seller the real value of the items they are selling. There is nothing shady or unethical about it. That's why collectors go searching out in the wild, to find things like this. It's not like you're buying from a 5 year old kid either. If the seller doesn't do their own valuation, then too bad.
The entire reason to go to estate sales is to profit off someone else's death (otherwise its just going to a yard/garage sale). Heck I have seen $15k Wolf ranges going for $500. Thats saving (profiting) $10k over retail. The only one who ever got screwed out of an estate sale was Bilbo Baggins.
reminds me of the old hobby joke.... "I hope when I die, my wife sells my cards for what they are actual worth and not for what I said I paid for them when she asked." 🙂
I once found an 8k Kobe card in a horders basement while cleaning it out after their passing. I sent it off to PSA and it scored a 10 and after auction it brought 24k. That was a great treasure find. I imagine I'll never be so lucky for the rest of my life.
Did you share it with his grieving family? Of course you don’t have to…but would just feel like the right thing to do and could help them deal with his final expenses.
@@melvinsmiley5295 The house at the time was already pick through by the family and was given to my father to clean out at his will and take whatever. It was a literal health hazard full of mountains of trash, animal feces, and other vile things. Mind you this was one of two properties in this condition. Soon to be just turned over to the banks when done with them. So it was fair game to take whatever as they had already taken plenty and even a bunch of sports cards too. It's was a strange situation. The Kobe card I kept formyself but I did eventually get with the family and helped them sell around 60k of other sports card they still had from multiple family members, not just the recently deceased family member.
Definitely keep it for yourself if the family cared, then they would have cleaned out the house themselves instead of putting strangers in there to clean it. Great find, and hope that money helped
Anybody saying the buyer had an ethical obligation to go back and pay more has no idea how estate sales work. An estate sale is not the same thing as a garage/yard sale. With an estate sale, a family is hiring a professional company to research, price, and sell everything, then either dispose of everything that's left over or sometimes they purchase it for a very cheap price. Generally speaking it's when somebody dies and the family wants everything cleared out so they can sell the real estate. It's up to the estate sale company to properly research and price items, so if there's any issue with this situation, it's between the estate sale company and the family. Buying items from an estate sale is no different than walking into an actual store and buying stuff, and I promise you that nobody would return to pay a second hand store more money if they scored since it's an actual business.
In 2021, I found a collector selling a 3 row box (150 cards) of baseball cards on Facebook marketplace. I met them at the local Walmart, paid $60 cash and went home to look through. Halfway through the 2nd row, I stumbled across an un-sleeved 2017 Panini Patrick Mahomes Knight's Templar Rookie Card, a 2017 Panini Tom Brady Chainmail Armor, and a 2017 Panini Kareem Hunt Calligraphy Auto, all of which I sent to SGC and got 10's. It's crazy what you will find buying in bulk!
There was a price agreed upon and a transaction took place. All of them made great points and at the end of the day the person has no obligations to tell them anything or give them more money.
So if you were at a card dealers store and someone came in and asked for 300 for a babe Ruth worth say 7 grand. The dealer says sure here is your money, you would go wow he got a good deal or wow he ripped her off? No legal obligation to tell her or give her more money after all they agreed on the price and transaction took place.
@@RobertLee-wi5kc If I were a fly on the wall I wouldn’t say a thing, it is their business. If you have something that you believe is worth a lot of money and don’t do your due diligence I think they are at fault also wouldn’t you agree? I am not saying that a practice like that is acceptable at a shop that deals in exclusively sports cards, but at the same time there isn’t an obligation to do that. Also have you never been to a flea market or yard sale and bought something because it was a good deal? Does Walmart rip people off for selling things for exponentially more money than what they pay for them? If something resells for more money than retail do you feel bad for the store because they could have sold it for more money for it elsewhere?
@@stringsandthings4325 Mark up from wholesale to retail on boxes is usually 10-20% No one gets rich on boxes. I will buy things for a good deal but if someone has something Way underpriced I will pay more or if I don't buy I will inform him. I use a form of golden rule treat others as you would have them treat your mother or grandmother. My life is not spent trying to take advantage of those that are not as smart or as informed as I. I would have a markup based on time to sell. 20-30% on singles as it would take time boxes I would buy for 15-20% because they always sell. Cheap dollar stuff I would pay 50%. Slabbed I would pay 70% and sell for 90% of comps.
There is no way you pay $300 without looking closely at some of the cards inside. And theres no way you look inside and not see those cards. They knew what they were doing
I'm with Tea pot on this one. As a human we take a lot of things for granted. When I was around 10 years old my uncle bought me a leather jacket, it was crazy over sized. I was embarrassed that it was so big, so I tried it on a few times it was so over sized it sat in my closet for months brand new. So one day my cousin comes to my house and he sees my jacket, his eyes lit up like he seen the sun, he likes my jacket, so I gave it to him, he didn't care how big it was. I forgot to mention that leather jacket was a Leather Yankees Jacket, and not just that but a World Series Yankees Jacket, I would have eventually grown into it, but I was 10. I took it for granted, it's a reminder to me to never take the things I have or possessed for granted. But I am glad it went to my cousin because he appreciated it more than I did at the time, and I'm sure it brought him a lot of joy. As for my uncle I just hope it didn't break his heart, but it's still in the family.
Happens all the time, that's why people go to yard/estate sales to find treasures and resale. A lot of people don't want to do the work, it was a fair deal, big win for the buyer. Quick story, had two typewriters' my wife wanted to donate, I said no let me list on eBay first, one we received $350, the other one $270, and each one the buyer paid $60 each in shipping. It was a decision I made to do the work, my wife just wanted to donate.
Yes! The Wemby discussion was my comment in the last video. Wemby is over saturated in grading, the prices will not hold over time, there are just too many options. Why buy the one for $1k, when I can buy the next best option for $200. That means the $1k card will drop to the level of the $200 or just above that and will never go up. Sorry, thats supply and demand.
I would never criticize anyone for taking advantage of their good fortune and holding onto the gains, but I assure you I could never do the same. I would go back to the seller and split the eventual profits. I would personally derive much greater satisfaction from the latter approach. But again, I understand someone remaining quiet.
Agree w Tea Pot. Plus, what if the buyer kept all the cards for PC? There’s no obligation to spliff the seller. It is ethical to keep it all, keep the profit, etc. It’s nice to spliff the seller if we are talking about life changing money.
I was at an estate sale in Roswell ga… I saw a guy make a killing off a major collection. It was world class stuff. I was so jealous watching him buy it. I’m taking a million dollar collection for $1000.
I go to estates sales all the time most of the cards are always late 80s 90s cards that are all stuck together. Still waiting to. run into some Brady rookies. Found a Jeter rookie and Jerry Rice rookie this year.
Anytime you sell something like sports cards, where the ceiling is possibly hundreds of thousands of dollars, you should always check them. It’s such a massive hobby and a lot of people do not know the difference between junk and treasure. It’s on the seller to do the homework no the buyer. Whoever was in charge of the estate sale didn’t do their job.
I own a forged Mickey Mantle ball that JSA authenticator told me was a classic operation bullpen ball, my grandpa bought it from Heartland America magazine in the late 90s.
I’ve done this dozens of times in all areas of collectables from estate and garage sales. Onus is on the seller to know the value of their goods, or do research.
Buyer paid $300. The seller should go through their items before selling if someone buys it the sale if final. There is no obligation to go back and give more money from finding something big. The seller should have known at least to go through the box, not just throw it away (theoretically)
I don’t understand why people would even think there is a obligation for the buyer to tell the seller what “they’re”selling. Is the seller not accountable for checking what they’re selling? Me personally I say “score”!!!
What if you go back and the seller says "oh those weren't meant to be in there and give them back."? It really is a case by case with some awareness and empathy involved.
For the ohtani ball just imagine the owners from that Taiwan company taking the ball on tour to different baseball museums and Exhibits. Because they said they love baseball and him so They will make they're money back and some. I would imagine the Lease or rental on that be pretty expensive.
That Ohtani ball price makes sense. Doesn't have the steroid stigma. Is a modern day Japanese Babe Ruth. First 50/50 in a game where he went 6 for 6 with three homers. It just makes sense that is a special, special ball.
If that guy got home and after going through the box only found $100 worth of cards, is the seller obligated to give him back some of money? No, because that's ridiculous.
I bought a box of cards 10 years ago for 30 bucks and put it in storage. It had a Lebron james out of 1500 rookie card and a Dwayne Wade out of 250 rookie card. Non Auto
At an estate sale it's on the organizer to know, it's literally their job to get as much as they can , so if they couldn't be bothered then it's on them.
Helllllll noooooo, you took a chance and you made out so do NOT feel bad because there are tons of times where you might invest $300 and get nothing. I bet the seller wont give you the money back if you get home and found all junk era trash.
Great stuff. This is so important in collecting.... One idea is to just say what happened to the seller and see what they think. Also make sure part of the sales should go a really good charity. I'd feel bad to if it was for the kids. For see it's better to sleep at night. Re Reap what we sow
I would be WAY more likely to go back and share profits if it was a garage sale where I met the owner face to face. Once there is an auction house or some company handling the estate, it feels like it is more on them to properly value/declare what the item is. Sure if you knew the owner just passed away suddenly and they had 5 kids etc etc, then sure you could share but there's no reason to think you would know the family's situation... In which case I'm just celebrating
0:20 Geoff acting like he would tell the seller the actual value if he bought it but always lowballs when buying from others in his most recent video “I’m gonna try and make a deal for the lowest buy if that card” but the card was worth more after the lowest it was bought at. But was Geoff ethical enough to tell any of his clients that? No and he further proves my point 8:36 like you’re just the definition of greed and jealousy all in one
People interested in the unlicensed Wemby autos should keep a close eye on the Doncic 2016 Upper Deck Euroleague auto. It's the earliest and only auto from 2 years before his rookie year, of a player who may also go down as the GOAT, but in this case, there ate probably only about 100 in existence.
@@ImOnlySIeepinghe isn't there yet, but it's not an unrealistic expectation. Doncic is just now getting into his age 25 year. Even today's best in leagues Giannis and Jokic didn't win their first MVPs until their age 24 year as did Jordan and LeBron. It is not that much of stretch to imagine that Doncic makes that leap this year. For what it's worth, it is an apt comparison as Wemby is nowhere near the top of the game yet either.
I 100% do not believe that he spent $300 on a box of mystery cards. Bull shite. You know damn good. Well, he looked in that box 1st and knew there was money to be made. I just bought a box last week and paid $10. It was absolutely filled with about 50 or 60 or 70 cards from 1968 topps football. And there was a binder. I opened the binder, Tom Brady 2000 skybox impact, rookie. Closed the binder and gave him his $10. Got home and found out there was a second Brady impact rookie on the back page. They’re mine now. He gave me a price, I paid the price, not my fault if he doesn’t know what his own belongings are worth.
@@chexcollects you mean 2X $50 cards on the extreme low end. Plus another 60 or 70 cards from 1968 Topps Football. Those have already been sold for $70. Bradys have been sent to grading with zero doubt one of them is coming back an 8 or 9 and the other is coming back a 9 and fingers crossed, a 10. All in all, when I’m done, I’ll make 30 times of my money. If you scale that to the $300 this guy paid, he’ll make 30 times his money. Same thing. I’m not going back and giving them more money and neither should he.
if an ordinary guy bought these cards i would say there is no obligation. If it was geoff or some professional card seller who has a reputation to uphold i would definitely go back and pay some extra.
$7,000-$10,000 isn't so much money that you should feel bad about making a profit on. If it's like $20,000+ and the selling party could obviously use some of the money, then I would give some back. You also have to think about the time value it takes to sell the cards, the fees, and all that goes with it. When you mentioned giving back to the store when you hit a biggish card, I actually think it's good courtesy to spread some of the joy and come back with pizza for the crew there.
A $7,000 find is not gonna set you up for life. There’s no obligation to go back to the seller for that… if it was $10 million, sure, maybe go back and give the guy $10k if you wanted or $100k if it was an elderly person who needed it or something like that… but not a chance on $7k. How are you going to run a business if everytime you make that kinda money you have to go back and give it to the seller?
Buyer took all the risk. Just because they are worth 7k don't mean he will get 7k. He's not in anyway obligated to go back and tell the seller or work anything out. If you buy a painting at a yardsale for 20 and it's worth 20k that's on the seller.
I would personally feel a bit odd about it keeping it. Especially if it was a collector who passed away. Don’t think they would’ve wanted to sell this thing for 300 bucks. Probably would give the seller back half of the 7 grand.
There is a youtube video of someone finding a 1986 fleer lot knew that probably had value, but paid face value. I think if you know the value as the buyer you need to own up and tell the seller. Blind lots are up to the buyer.
If he has an ethical responsibility, then that same logic needs to be applied to dollar box cards and everything else where the buyer found an inefficiency
If it was filled with 1990 topps cards, would you think the seller would refund them? Give them back some money? They asked for a price, you paid the price, its yours, just the same if you sell something
Panini and Topps have yet to make it right with me when I buy a box of their cards and get $6 value for $30-50, so there is precedent not to remunerate the seller.
At certain garage sales, I've come across boxes (not like the one mentioned), where they are asking $20 or $30 and there is clearly $100's in there. When they are selling something where they clearly need the money, I will say their price is to low and give them more. I have at other's, where they are a bit of a jerk, say "thank you very much" and move on.
It goes both ways, know what you are selling and get the right price, or don't and maybe this happens...that's it. Even if the seller knew and Wanted like $5K they buyer could buy it and wait a few years and flip it for more.. it is what it is. I'm an 80s kid, I did that all the time as a kid teen early adulthood, always thought THIS could happen to ME maybe find 50s 60s 70s cards, never found ANYTHING worth even what i paid..usually junk in bad condition, this is a rare occurring thing. Now if i bought something for $300 and found something CRAZY worth like $200K yeah i might go back and throw them some $ just because without them i wouldn't have got it. But i might not cuz they might get pissed and now I'm in court and all over social media as a bad person. So idk honestly 🤔
An Estate sale sorta what you talked about is how I obtained a one of a kind meaning the only one to exist Statue of and signed by Joe DIMaggio. It is quite the piece.
I urge anyone in this situation never in a million years even tell the seller what was found.. why would you risk having any kind of issue.. you know there are ppl who will give you problems.. just don't do it.. it isn't worth the headache
If your girlfriend turned out to be awesome you don't go back to her ex and say here you go you missed out here she is back or here you can have a piece for her too.... no you don't have a moral obligation to return back some or all of the cards or money of the cards
I talk and tell everyone about me buying and selling cards. Iam an electrician. I ask all my customers for cards I got 2 collection for free that were worth 40.000 total.
Man that estate sale or whoever ran it obviously didn't do their homework to look up the cards when have you ever heard of that he's a state sales on every penny
I to get excited if I buy a box of cards for $5 and it has something good maybe a card worth hundreds, as a buyer I do not feel bad, especially once I remember all the $5 shoe boxes I have bought, that were just commons, and time wasted looking through, so my real purchasing price is not what I just paid, it is what I have accumulatively paying overtime searching for cards.
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If i found out those cards were worth $7,000, I'd immediately go back to the seller's house and ask the guy if he had any more cards for sale
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Regarding the box of cards, what if the box was all junk wax and worth about $20.00. Could the buyer go back and ask for money back from the $300.00 they paid? No, the cards were sold for what they were sold for.
💯 agree if you are selling it, you should have an idea of what you are selling. once the item is purchased sales final.
Agreed a truly stupid conversation to have I didn't watch
If the seller didnt care about the cards or whatever their selling and set a price, its not the buyers fault or obligation to tell the seller the real value
it is if the buyer knows they are paying pennies and they know the seller has no knowledge and is only selling because they are going through estate selling.
@@BrentonPercy it is not my job or problem to ask or find out if you checked the item or know the value of the item your selling ,whatever price you put on it is what I bought it for period ,if I find out it's worth more later that's just a lucky win for me
Estate sales are meant to move items. No one is there informing the seller how much the couch or kitchen appliance SHOULD be worth.
@@SteveJobIess if your selling something especially in 2024 you should easily be willing to check the value and worth 🤔 who doesn't have a phone a access to google or TH-cam that is able to even sell an item 😏 it's their choice and fault if they sell a CZ ring for 20$ that turns out to be a diamond worth 20k$
yeah no doubt, you have a worldwide buyer seller network in ebay that has sales records. If you don't know, find out.
Nobody lays down 300 for a box they didn't open the lid on. Nobody.
Sorry but I have seen retired and people with cash to waste do exactly that 😏 it's basically like gambling to them ,instead of playing Lotto or scratch offs there are those who take risks on pallets,boxes of items for sale it's not just cards but even electronics and even cars , it's crazy how deep the open market and even black market goes when selling and buying items and products
I know a pizza store in NYC that bought their oven off the black market cause it was so cheap and easy to get 😂 you think they care as long as it works perfectly and makes the money back 🤣 and customers love their pizza so it's a win
yeah they lay down 8K for a hobby box and get back 300$ worth of cards instead 😂😂
doesnt even matter, $300 was the price and that was what was paid.......looked through or not makes not difference
So if I spend $50 on a lottery ticket and win 1mil I should go back and give the mil to the store I bought it from right? Also people spend thousands on breaks but if they hit big they should give back to the seller even though they didn’t know what they were getting
7:41 Geoff trying not to laugh at Teapot’s soapbox 😂
I went through settling my Dad's estate a couple of years ago. There wasn't much to get rid of but I was still selling things for bargain bin prices just because I wanted it gone. Settling estates, and all the work that goes into it, is just a constant reminder of your loss. It's tiring and you just want to start the process of moving on. This is probably the case for 99% of estate sales in that they know they can get more but the time investment is too much.
A price was agreed upon . . . case closed!
PERIOD!
I don't know where this "unwritten rule" of telling the seller the real value of the items they are selling. There is nothing shady or unethical about it. That's why collectors go searching out in the wild, to find things like this. It's not like you're buying from a 5 year old kid either. If the seller doesn't do their own valuation, then too bad.
Geoff people been ripping you off on deals for years. No one is coming back and giving you cash!!!
The entire reason to go to estate sales is to profit off someone else's death (otherwise its just going to a yard/garage sale). Heck I have seen $15k Wolf ranges going for $500. Thats saving (profiting) $10k over retail. The only one who ever got screwed out of an estate sale was Bilbo Baggins.
i get paranoid about suddenly falling off the planet and my cards being sold to a flipper for cheap.
reminds me of the old hobby joke.... "I hope when I die, my wife sells my cards for what they are actual worth and not for what I said I paid for them when she asked." 🙂
I once found an 8k Kobe card in a horders basement while cleaning it out after their passing. I sent it off to PSA and it scored a 10 and after auction it brought 24k. That was a great treasure find. I imagine I'll never be so lucky for the rest of my life.
Did you share it with his grieving family? Of course you don’t have to…but would just feel like the right thing to do and could help them deal with his final expenses.
@@melvinsmiley5295 The house at the time was already pick through by the family and was given to my father to clean out at his will and take whatever. It was a literal health hazard full of mountains of trash, animal feces, and other vile things. Mind you this was one of two properties in this condition. Soon to be just turned over to the banks when done with them. So it was fair game to take whatever as they had already taken plenty and even a bunch of sports cards too. It's was a strange situation. The Kobe card I kept formyself but I did eventually get with the family and helped them sell around 60k of other sports card they still had from multiple family members, not just the recently deceased family member.
@@melvinsmiley5295screw that
Definitely keep it for yourself if the family cared, then they would have cleaned out the house themselves instead of putting strangers in there to clean it. Great find, and hope that money helped
Sounds like you stole it to me lol. Did they give you permission to take his belongings. Was that part of "cleaning"
Anybody saying the buyer had an ethical obligation to go back and pay more has no idea how estate sales work. An estate sale is not the same thing as a garage/yard sale. With an estate sale, a family is hiring a professional company to research, price, and sell everything, then either dispose of everything that's left over or sometimes they purchase it for a very cheap price. Generally speaking it's when somebody dies and the family wants everything cleared out so they can sell the real estate.
It's up to the estate sale company to properly research and price items, so if there's any issue with this situation, it's between the estate sale company and the family. Buying items from an estate sale is no different than walking into an actual store and buying stuff, and I promise you that nobody would return to pay a second hand store more money if they scored since it's an actual business.
In 2021, I found a collector selling a 3 row box (150 cards) of baseball cards on Facebook marketplace. I met them at the local Walmart, paid $60 cash and went home to look through. Halfway through the 2nd row, I stumbled across an un-sleeved 2017 Panini Patrick Mahomes Knight's Templar Rookie Card, a 2017 Panini Tom Brady Chainmail Armor, and a 2017 Panini Kareem Hunt Calligraphy Auto, all of which I sent to SGC and got 10's. It's crazy what you will find buying in bulk!
I'm just glad that Geoff didn't get that deal.
Fr he’s just greed and jealousy in one he wouldn’t have said all that if he got that box.
There was a price agreed upon and a transaction took place. All of them made great points and at the end of the day the person has no obligations to tell them anything or give them more money.
So if you were at a card dealers store and someone came in and asked for 300 for a babe Ruth worth say 7 grand. The dealer says sure here is your money, you would go wow he got a good deal or wow he ripped her off? No legal obligation to tell her or give her more money after all they agreed on the price and transaction took place.
@@RobertLee-wi5kc If I were a fly on the wall I wouldn’t say a thing, it is their business. If you have something that you believe is worth a lot of money and don’t do your due diligence I think they are at fault also wouldn’t you agree? I am not saying that a practice like that is acceptable at a shop that deals in exclusively sports cards, but at the same time there isn’t an obligation to do that. Also have you never been to a flea market or yard sale and bought something because it was a good deal? Does Walmart rip people off for selling things for exponentially more money than what they pay for them? If something resells for more money than retail do you feel bad for the store because they could have sold it for more money for it elsewhere?
@@stringsandthings4325 Mark up from wholesale to retail on boxes is usually 10-20% No one gets rich on boxes. I will buy things for a good deal but if someone has something Way underpriced I will pay more or if I don't buy I will inform him. I use a form of golden rule treat others as you would have them treat your mother or grandmother. My life is not spent trying to take advantage of those that are not as smart or as informed as I. I would have a markup based on time to sell. 20-30% on singles as it would take time boxes I would buy for 15-20% because they always sell. Cheap dollar stuff I would pay 50%. Slabbed I would pay 70% and sell for 90% of comps.
There is no way you pay $300 without looking closely at some of the cards inside. And theres no way you look inside and not see those cards. They knew what they were doing
I'm with Tea pot on this one. As a human we take a lot of things for granted. When I was around 10 years old my uncle bought me a leather jacket, it was crazy over sized. I was embarrassed that it was so big, so I tried it on a few times it was so over sized it sat in my closet for months brand new. So one day my cousin comes to my house and he sees my jacket, his eyes lit up like he seen the sun, he likes my jacket, so I gave it to him, he didn't care how big it was. I forgot to mention that leather jacket was a Leather Yankees Jacket, and not just that but a World Series Yankees Jacket, I would have eventually grown into it, but I was 10. I took it for granted, it's a reminder to me to never take the things I have or possessed for granted. But I am glad it went to my cousin because he appreciated it more than I did at the time, and I'm sure it brought him a lot of joy. As for my uncle I just hope it didn't break his heart, but it's still in the family.
If you are an investor, this is the game. The guy paid what the estate wanted, done deal, and the investor made a smart business move.
29:43 I'm sure Geoff knows that Topps didn't make a Mantle card in 1954. 🤔
Happens all the time, that's why people go to yard/estate sales to find treasures and resale. A lot of people don't want to do the work, it was a fair deal, big win for the buyer. Quick story, had two typewriters' my wife wanted to donate, I said no let me list on eBay first, one we received $350, the other one $270, and each one the buyer paid $60 each in shipping. It was a decision I made to do the work, my wife just wanted to donate.
Yes! The Wemby discussion was my comment in the last video. Wemby is over saturated in grading, the prices will not hold over time, there are just too many options. Why buy the one for $1k, when I can buy the next best option for $200. That means the $1k card will drop to the level of the $200 or just above that and will never go up. Sorry, thats supply and demand.
Excellent topics and info shared on this show guys, really well done!
I would never criticize anyone for taking advantage of their good fortune and holding onto the gains, but I assure you I could never do the same. I would go back to the seller and split the eventual profits. I would personally derive much greater satisfaction from the latter approach. But again, I understand someone remaining quiet.
Agree w Tea Pot. Plus, what if the buyer kept all the cards for PC? There’s no obligation to spliff the seller. It is ethical to keep it all, keep the profit, etc. It’s nice to spliff the seller if we are talking about life changing money.
I was at an estate sale in Roswell ga… I saw a guy make a killing off a major collection.
It was world class stuff. I was so jealous watching him buy it.
I’m taking a million dollar collection for $1000.
The FBI valued that comparing it to the prices, people were asking on eBay, not the sold prices
That guy flipped through them and saw the value. Good for him
People burn thousands of dollars daily in slot machines so buying a mystery box for 300 is nothing to be honest
$300 was like a box of topps chrome in The 90s
I go to estates sales all the time most of the cards are always late 80s 90s cards that are all stuck together. Still waiting to. run into some Brady rookies. Found a Jeter rookie and Jerry Rice rookie this year.
After his rookie year Wemby PsA submissions will go down a lot
Anytime you sell something like sports cards, where the ceiling is possibly hundreds of thousands of dollars, you should always check them. It’s such a massive hobby and a lot of people do not know the difference between junk and treasure. It’s on the seller to do the homework no the buyer. Whoever was in charge of the estate sale didn’t do their job.
Always bring atleast a grande to any estate or garage sale. You just never know where you need to pull out quick cash for an easy deal.
I own a forged Mickey Mantle ball that JSA authenticator told me was a classic operation bullpen ball, my grandpa bought it from Heartland America magazine in the late 90s.
Fair deal there’s a buyer and seller
I’ve done this dozens of times in all areas of collectables from estate and garage sales. Onus is on the seller to know the value of their goods, or do research.
Bro what world do we live in where the buyer has to go back, grfoh, information is key in this world.
As someone who grew up going to yard sales you take the win just like you take the losses. This is on the estate sale company.
I hate Geoff’s cringey shorts but I gotta say that this series is the best sports cards series on TH-cam.
Buyer paid $300. The seller should go through their items before selling if someone buys it the sale if final. There is no obligation to go back and give more money from finding something big. The seller should have known at least to go through the box, not just throw it away (theoretically)
I don’t understand why people would even think there is a obligation for the buyer to tell the seller what “they’re”selling. Is the seller not accountable for checking what they’re selling? Me personally I say “score”!!!
Great video and wished that I had a chance to buy something like this at a estate sale!
TPOTT SOUNDS LIKE RAPPER NAME
What if you go back and the seller says "oh those weren't meant to be in there and give them back."? It really is a case by case with some awareness and empathy involved.
Doug is a good guy
For the ohtani ball just imagine the owners from that Taiwan company taking the ball on tour to different baseball museums and Exhibits. Because they said they love baseball and him so They will make they're money back and some. I would imagine the Lease or rental on that be pretty expensive.
Since numbered parallels are overprinted. It's going to be color match numbered parallels, gold, and SSSSP. Color Match is key though.
I have this kind of luck with auctions of jewelry lots hit some big $ watches in “lot” / box sales
That Ohtani ball price makes sense.
Doesn't have the steroid stigma. Is a modern day Japanese Babe Ruth.
First 50/50 in a game where he went 6 for 6 with three homers. It just makes sense that is a
special, special ball.
If that guy got home and after going through the box only found $100 worth of cards, is the seller obligated to give him back some of money?
No, because that's ridiculous.
I bought a box of cards 10 years ago for 30 bucks and put it in storage. It had a Lebron james out of 1500 rookie card and a Dwayne Wade out of 250 rookie card. Non Auto
At an estate sale it's on the organizer to know, it's literally their job to get as much as they can , so if they couldn't be bothered then it's on them.
What would Chasing cardboard do?
This is why every now and then, I will update my wife the current total value of my collection.
A local guy named beau aka one million cubs cards found a bowman chrome blue 1st mike trout auto $10,000+ from a goodwill pallet
Helllllll noooooo, you took a chance and you made out so do NOT feel bad because there are tons of times where you might invest $300 and get nothing. I bet the seller wont give you the money back if you get home and found all junk era trash.
Great stuff. This is so important in collecting.... One idea is to just say what happened to the seller and see what they think. Also make sure part of the sales should go a really good charity.
I'd feel bad to if it was for the kids.
For see it's better to sleep at night. Re Reap what we sow
T-pot makes 💯 percent sense. They put a price and you pay it . Done deal !
I would be WAY more likely to go back and share profits if it was a garage sale where I met the owner face to face. Once there is an auction house or some company handling the estate, it feels like it is more on them to properly value/declare what the item is. Sure if you knew the owner just passed away suddenly and they had 5 kids etc etc, then sure you could share but there's no reason to think you would know the family's situation... In which case I'm just celebrating
Usually the FBI declassifies documents after a certain amount of years, in this case possibly 25 years
60+ years hiding israeli involvement with jfk unaliving
0:20 Geoff acting like he would tell the seller the actual value if he bought it but always lowballs when buying from others in his most recent video “I’m gonna try and make a deal for the lowest buy if that card” but the card was worth more after the lowest it was bought at. But was Geoff ethical enough to tell any of his clients that? No and he further proves my point 8:36 like you’re just the definition of greed and jealousy all in one
This is how that triple auto or curry,LeBron,KD Will show up😂
T-Pot should dress as Brett Gardner for Halloween!
People interested in the unlicensed Wemby autos should keep a close eye on the Doncic 2016 Upper Deck Euroleague auto. It's the earliest and only auto from 2 years before his rookie year, of a player who may also go down as the GOAT, but in this case, there ate probably only about 100 in existence.
It's a nice card but zero chance doncic is ever considered goat by anyone. He's never even been the best player in the league in any season
@@ImOnlySIeepinghe isn't there yet, but it's not an unrealistic expectation. Doncic is just now getting into his age 25 year. Even today's best in leagues Giannis and Jokic didn't win their first MVPs until their age 24 year as did Jordan and LeBron. It is not that much of stretch to imagine that Doncic makes that leap this year. For what it's worth, it is an apt comparison as Wemby is nowhere near the top of the game yet either.
Doug should go as Paul Skenes....
I 100% do not believe that he spent $300 on a box of mystery cards. Bull shite. You know damn good. Well, he looked in that box 1st and knew there was money to be made.
I just bought a box last week and paid $10. It was absolutely filled with about 50 or 60 or 70 cards from 1968 topps football. And there was a binder. I opened the binder, Tom Brady 2000 skybox impact, rookie. Closed the binder and gave him his $10. Got home and found out there was a second Brady impact rookie on the back page. They’re mine now. He gave me a price, I paid the price, not my fault if he doesn’t know what his own belongings are worth.
So a couple $50 cards. Anything else?
@@chexcollects you mean 2X $50 cards on the extreme low end. Plus another 60 or 70 cards from 1968 Topps Football. Those have already been sold for $70.
Bradys have been sent to grading with zero doubt one of them is coming back an 8 or 9 and the other is coming back a 9 and fingers crossed, a 10.
All in all, when I’m done, I’ll make 30 times of my money. If you scale that to the $300 this guy paid, he’ll make 30 times his money. Same thing. I’m not going back and giving them more money and neither should he.
@ nice. For sure.
T POTT broke it down! Due to inflation the Mcgwire card still rules
Not the buyers fault. Can't discontinue the idea of finding a steal on something, that's the whole point of searching sales
Adjusted for inflation it looks like mcguire's ball was actually more expensive.
Yes. I said that.
@t-pott4504 yeah I saw that after I posted this.
if an ordinary guy bought these cards i would say there is no obligation. If it was geoff or some professional card seller who has a reputation to uphold i would definitely go back and pay some extra.
He chose the mystery box and won
$7,000-$10,000 isn't so much money that you should feel bad about making a profit on. If it's like $20,000+ and the selling party could obviously use some of the money, then I would give some back. You also have to think about the time value it takes to sell the cards, the fees, and all that goes with it. When you mentioned giving back to the store when you hit a biggish card, I actually think it's good courtesy to spread some of the joy and come back with pizza for the crew there.
A $7,000 find is not gonna set you up for life. There’s no obligation to go back to the seller for that… if it was $10 million, sure, maybe go back and give the guy $10k if you wanted or $100k if it was an elderly person who needed it or something like that… but not a chance on $7k. How are you going to run a business if everytime you make that kinda money you have to go back and give it to the seller?
Buyer took all the risk. Just because they are worth 7k don't mean he will get 7k. He's not in anyway obligated to go back and tell the seller or work anything out. If you buy a painting at a yardsale for 20 and it's worth 20k that's on the seller.
I would personally feel a bit odd about it keeping it. Especially if it was a collector who passed away. Don’t think they would’ve wanted to sell this thing for 300 bucks. Probably would give the seller back half of the 7 grand.
There is a youtube video of someone finding a 1986 fleer lot knew that probably had value, but paid face value. I think if you know the value as the buyer you need to own up and tell the seller. Blind lots are up to the buyer.
Jeff the best.. Pikachu..teapot quit geeking out
If he has an ethical responsibility, then that same logic needs to be applied to dollar box cards and everything else where the buyer found an inefficiency
If it was filled with 1990 topps cards, would you think the seller would refund them? Give them back some money? They asked for a price, you paid the price, its yours, just the same if you sell something
Panini and Topps have yet to make it right with me when I buy a box of their cards and get $6 value for $30-50, so there is precedent not to remunerate the seller.
No obligation also no obligation to give a significant hr ball back to the player for a signed bat when it's worth much more. To many hero complexes
Every situation is different
At certain garage sales, I've come across boxes (not like the one mentioned), where they are asking $20 or $30 and there is clearly $100's in there. When they are selling something where they clearly need the money, I will say their price is to low and give them more. I have at other's, where they are a bit of a jerk, say "thank you very much" and move on.
the buyer is under no obligation to let the seller know what they had. give me a break.
It goes both ways, know what you are selling and get the right price, or don't and maybe this happens...that's it. Even if the seller knew and Wanted like $5K they buyer could buy it and wait a few years and flip it for more.. it is what it is. I'm an 80s kid, I did that all the time as a kid teen early adulthood, always thought THIS could happen to ME maybe find 50s 60s 70s cards, never found ANYTHING worth even what i paid..usually junk in bad condition, this is a rare occurring thing. Now if i bought something for $300 and found something CRAZY worth like $200K yeah i might go back and throw them some $ just because without them i wouldn't have got it. But i might not cuz they might get pissed and now I'm in court and all over social media as a bad person. So idk honestly 🤔
An Estate sale sorta what you talked about is how I obtained a one of a kind meaning the only one to exist Statue of and signed by Joe DIMaggio. It is quite the piece.
I urge anyone in this situation never in a million years even tell the seller what was found.. why would you risk having any kind of issue.. you know there are ppl who will give you problems.. just don't do it.. it isn't worth the headache
If I buy a $300 dollars worth of cards, and they end up being worth $7000. I am selling it, and keeping the money.
If your girlfriend turned out to be awesome you don't go back to her ex and say here you go you missed out here she is back or here you can have a piece for her too.... no you don't have a moral obligation to return back some or all of the cards or money of the cards
No way. Nobody is taking that chance.
I talk and tell everyone about me buying and selling cards. Iam an electrician. I ask all my customers for cards
I got 2 collection for free that were worth 40.000 total.
Let’s be honest. The Ppl that say the buyer should go back and give money to the estate are the ppl that didn’t buy it themselves.
Its treasure hunt , hopefully he didnt know till he got home but thanks for info love it
No obligation - if they can't take the time to research....
Man that estate sale or whoever ran it obviously didn't do their homework to look up the cards when have you ever heard of that he's a state sales on every penny
simple math how many cards, divide by $300 = ez gamble
I to get excited if I buy a box of cards for $5 and it has something good maybe a card worth hundreds, as a buyer I do not feel bad, especially once I remember all the $5 shoe boxes I have bought, that were just commons, and time wasted looking through, so my real purchasing price is not what I just paid, it is what I have accumulatively paying overtime searching for cards.
Cards only worth what you can sell them for. Having a store or connections makes all the difference