My Largest Purchase Ever: Buying Out a Dealer At the National
ฝัง
- เผยแพร่เมื่อ 26 ส.ค. 2024
- BASEBALL CARD COLLECTOR INVESTOR DEALER (in that order)
w/ Chris Sewall
From the Files of Adventures in Card Dealer: The largest purchase I was ever involved in dollar wise.
Feel free to email me or Jeremy anytime:
CHRIS: sewallsportscards@gmail.com
JEREMY: inspiremusic7@gmail.com
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![fellow fellow - PROUD feat. INK WARUNTORN [STRING QUARTET]](http://i.ytimg.com/vi/BQrVkMPTdHE/mqdefault.jpg)
I never get tired of these stories.
me too
Yes, I am also tired of these stories.
Same, and I don't even collect cards
Same, and I don't even collect sports cards, just Pokemon
Ask Jeremy to bring a snow globe during the live stream, so we’re able to recognize him 🤣🤣🤣
That's hilarious!
i have a feeling a lot of your deals involve the use of a body bag
Haha well...
One of the best men in the hobby hands down! Appreciate every tidbit of knowledge you share Chris, your insight on the hobby and how to orchestrate deals is priceless! Most honest card dealer on TH-cam!
Zero frills, zero bullshit zero antics. This guy is the truth. Subscribed
Great story Chris, the collector personality was in control on that deal. I would have caved as well looking at the card's in that deal ... Love the vintage !!
lol, that's my problem too.. Sometimes a deal just isn't worth it from a financial perspective, but then I look at the cards as a collector and I'm like "ok, I'm in"... I have a difficult time separating the business aspect of the hobby from the pleasure, and it's gotten me into quite a bit of trouble throughout the years.
Anthony’s wife after you all said goodbye: “Umm yea, l’ll hold onto that”
Great story! Listening in the car with my son. He asked when we could ever do stuff like that. Ha
Since you were going anyway, i wouldnt count travel expenses as part of the deal.
Great story…sometimes it’s not about the return, but rather the experience. That’s invaluable and I’m sure you grew as a dealer through it. Thanks for sharing 👍
Chris Suul, investor, collector, dealer and "total BALLER!"
The dealer had to of been a cool dude, I know I would of been extremely worried towards the end. Good that you did come out ahead, but as we all know life is full of lessons.
I could watch the story time videos like this every single day
Thank you Chris for starting my Saturday morning off with another interesting card buying experience, as I drink my first cup of coffee. Good luck next week at the National & please give us a review as soon as possible.
Thank you, appreciate that and I will!
I like the truth, and it doesn't always work out. You will get more out of this being truthful, people respect that, it is hard to find that in this business.
I enjoyed the story here! Very good example of documenting the card selling experience. The way you simplify everything is refreshing and easy to digest. Keep it up my man!
Good job Chris...the breakdown of selling is what makes you different!
appreciate sharing this story, love hearing lessons learned, that's where the best stories are. Thanks Chris
Great story, Card deals are wonderful art, I enjoy the videos you do and the knowledge you add to the hobby.
Very nice story and good idea to have Jeremy on the show one day.
I remember this deal well, Chris. Felt I lived it through you at the time, at the National. Great story. Thanks for helping me relive the '17 National!
Like all the comments - just want to applaud your entertaining and honest story telling. You bring a great deal to the card hobby. Thanks Chris.
I love these stories and the number break down because I send a screenshot of the numbers to my buddies when they hit me up saying stuff like, "Yo what if we buy this collection for this $$$ and then flip it etc etc" Most people truly underestimate how much money and time it takes to make these deals pan out in your favor.
Would love to to ask Jeremy some questions if you two decide to do a video Q&A!
Thanks for sharing! Hope you get some great deals at The National.
I love listening to these stories. Another great video!
LMAOOO wifey was like YALL SELL CARDS LIKE DOPEMEN??? 🤣🤣🤣
Love your stories. I was 12/13 and opened my own booth at a flea market. This was in the early 90's.
Awesome story. Amazing how much trust you and Jeremy were able to generate with the selling dealer. I love seeing and hearing about hand shake deals where trust and honestly comes front and center. Another amazing video. Thank you for sharing. Would love to see you and jeremy on a live stream!
If you pulled the plug on the deal, he would have missed out on a lot of potential sales when he shut his booth down. Even though your profit margin was small, you guys are righteous dudes for buying his booth.
Anthony was cool,he had to feel great,so you became a dealer at the National!
Same thing happened to me kinda, I set up at a show & had a dealer offer me for my whole table & I couldn't pass. I feel a bit crappy after but I guess that's just a part of the game. I guess it's time to start over & build again. Lol 🥴🙏
"Chris Sewall here. Baseball Card Collector, Investor, Dealer in that order, welcome everyone..." has become iconic in sports card circles.
You guys did get what amounted to a free booth at the National for a day or two, that's worth something
This is a really good point. I’ve only done comic conventions, and tables at comparable shows like SDCC or NYC are well into the thousands of dollars for a single 6-8 foot table.
It was neat how they became dealers at"The National"!!!
Love your stories. Looking forward to the conversation with Jeremy.
You estimated a 70-90k yield. In the end you even got lucky with the high end 90k. You should have stuck to your initial max price to pay. On the other hand, aside from the relatively low reward on 6 weeks of work, you did manage to also build your name, grow your eBay store and increase your client base.
My day is complete already.
I love how honest you are as far as EVERYTHING!! THANKYOU
I just love listening to your adventures amongst the hobby while going through cards. Thank you for sharing these experiences and memories with us!
Your stories are the best. Wow...counting out 60K in cash in a car...in Chicago of all places! If you hadn't been right outside the national people probably would have thought it was a big drug deal, lol. Its too bad you overpaid, but it still sounds like a good learning experience and at least you didn't lose money.
Love this type of content. Thanks for sharing.
Thanks for sharing, Chris! Very cool story. Looking forward to seeing Jeremy after hearing so much about him.
You have some pretty cool baseball card stories brother! I have been maintaining my personal collection since I was literally 9!
i`m a brit and a huge baseball fan but i deal in old postcards and photographs and this video was absolutely spot on in showing the hazards of buying out a dealer which i have done on numerous occasions , not always with the desired results. thanks for the upload. have subscribed.
Really appreciate you sharing this. Some really nice looking cards. Thanks and best of luck to you these next couple of weeks.
I'm addicted to these stories!!
My experience is booth sales of any kind tend to be more about community than making any money for booth sellers. While you think you didn't pay "ebay" fees because the seller, thus you the buyer too, have to pay for booth fees. Not just booth itself- travel, hotel(OMG how expensive these are at any event), car rental, and time all for you AND the seller. Where these start to make sense are massive quantity stuff that can be obtained and offloaded to a small handful of buyers on a regular basis. This is just my experience in doing Gemstone shows like in Tucson for many years. We end up making connections and going straight to the mine to buy which is always better than going to a show. We always agree the people making the most money are always the shows/hotels/city while we barely make much from the show.
Not sure why you included the “Cards - Other” expense of $14,390. That was not related to the purchase of this booth. Strip that out and this purchase has a much higher ROI.
Right, unless those cards are counted in the sales column but still it should be a separate deal
Or change the title of the video to “2017 National, Purchases and ROI”.
@@ryandelsignore Guessing their sales from the show got mixed up and was too much work, or impossible to untangle for this vid.
Great story. Thank you for sharing.
You are the most professional dealer/investor I have watched.
The bit about the metal wire made me chuckle a little lol!
Great share. All the best for the future.
Awesome story bro! ALways enjoy your content and straight-foward, no nonsense style of communication.
6 weeks work was decent plus you kept cards, not sure if math is right but 17.5 per hour for selling cards(assuming you actually did 40 hours a week.)
Love the "stories".
Traffic on Friday in and around Rosmont gets very busy and congested around rush hour.
Did that say "5 card Griffey Gem Mint Lot ... $300" with the 1989 UD on top? 2017...
Great story . Always look forward to your broadcasts. As crowded as this year's National is going to be , no way could you put a deal through like you did. Remember the show well as I remember passing up a t206 green Cobb for $1100 that I still regret. Glad you got your money back plus. Have agreat timme
Didn't finish but have a great time at the National , first one I am missing I ten years.
Thank you Chris!
Good story, and glad everything worked out even though your hourly earnings weren't the best.
And as you say, you also got a really good story to tell for year to come
Bro, I absolutely love your videos and enjoy the stories! I would give anything to just hang out with you for a day soak in the knowledge. I've collected for over 35 years and like you, I remember almost every story. You're great for the hobby this whole Community is your biggest fans!
Thank you!
Wow! Do I ever appreciate the honesty! I would have absolutely no patience for that kind of a deal or work. It's a hobby for me. The amount of hours @ 6 wks work may be a bit low if you figure how much time was also spent at the National plus travel time - wear and tear - mental energy.... But, as said, a great experience to share and something like that is priceless.
This seems like a worthy investment in maintaining your presence as a dealer. I don't collect sports cards but i play magic the gathering. Even as a player collector, you can build up a reputation as one to easily B/S/T with, and it can be quite useful to keep your name floating around.
Great point
Have a great time at the National. Be safe and make us some videos.
Great story Chris, thanks for taking the time to share your experiences, look forward to watching any/all your vids
As a collector, I would have kept the 1st case and quit collecting... lol. But that case alone would have been cards I wanted to have as vintage pieces that old and the players were great. That case would have been it for me.
You are really good what you doing. most people already quit long time.
Great story. I think it’s a great deal you have with your partner. Also you guys nailed the estimated value at 90k.
I have a feeling the Jeremy snow photo is going to be a channel favorite. 😁😁😁
Let’s everyone know that sometimes buyers take a beating, which I would put this deal in. If your tying up your money for 8 months to make 5% (or 6 weeks of work) only the top dealers with fat bankrolls can sustain this. I think those kind of collectors would have passed on the collection as most are not willing to pay more than 50% (or less) value.
Jeremy is a baller. Did he inherent money or is he self made. I need to know these things.
Haha 😂
I think he is basically self-made
It would be interesting to hear what the card market is like in Europe.
I am in Europe and here its all about Panini football (Soccer) stickers and cards
We all need the Chinese to suddenly take an interest in 1970-2000 card collections :)
@@carlhammill5774 90s junk wax would be great for China to take an interest
Great story!!!!! Good luck and be safe at the national!
Lol. "About as unprofessional as it can get" lol storry of my life
Great story Chris. Would love to hear you and Jeremy talk. Can’t wait for that one.
You deal very fair, the guy who bought 75 mint Mantle rookies in "the find" paid pawn stars prices; 50-60 cents on the dollar.
Travel costs shouldn't be included. You paid for travel even if you never bought the booth of cards. So Add that 2300 back into the profit side and you did pretty good overall. Overpayed a little bit though.
I sent in a 1987 Topps Baseball checklist to PSA 3 months ago and I still haven’t gotten it back yet! WTF?!?!?!
I remember this because I bought your 52 Mantle! Wish I still had it!
Very cool! How are you???
@@collectorinvestordealer doing great Chris! Will you be back in Chicago this National?
I will be there, although not set up at a booth. You?
@@collectorinvestordealer yes sir, walking around Fri-Sun
Chris, the Cards/Other Purchases seems to be where this one went South, what exactly were these and why was there no profit from them? If it wasn't for that, it seems this would still have been OK, maybe not the best deal ever but manageable. Thanks for sharing another great story, we love these!
I dont remember the cards from the other purchases, but chances are they were solid buys (more my wheel house) and the poor result was really from the booth buy
Love the story Chris. Nice to see the behind the scenes on baller deals. I would love to actually enjoy the work I do to survive.
Love these number crunchers. Did you go to the National with the intent of buying out a dealer or that one table caught your attention?You certainly would have done much better if you stuck to $50,000, but your partner did quite well with an almost 5% return without doing the grunt work. The best guaranteed bank yearly return in the USA is probably around 2%?
Appreciate it. We did not intend to buy out a dealer booth, but we were looking for big buys. Just worked out that way.
great video. I enjoy these! Please post more wherever possible.
" oh no no no no , this is about as unprofessional as It gets " lol so funny
Man the Mantle alone would almost pay for the whole deal now
The one that made the most profit was the guy that bought the '52 Mantle for $13k.
Thanks for sharing
Watching this a year later, I enjoy seeing people who did similar deals but with none of the bookkeeping you did ... and wonder why they aren't making money flipping.
Really enjoyed this video because it walks you thru any investment work flow. Great detail.
That was an interesting negotiation Chris! Great story about the Nationals.
I haven't been to the Nationals. It looks like an interesting show to be at.
I hope you are doing well and hope to see you on live stream some day?
Have a great week.
Hey Chris, loved this story, I wished it would have worked out better for yas, but the memory and experience is priceless!!!
Mad Hits
Like Rod Carew
I enjoyed how you were transparent and broke dow the final numbers. But man ouch on the profit! 6 weeks of work with your profit is barely 17.5 hour!
Impressive that you made about what you had forecasted before you made the deal. Great story.
Great story. Thx. for sharing
I absolutely love hearing these stories. Wow, you live in Europe now? I just assumed you lived in the states.
Thanks for making these videos. So interesting to hear both the hits and misses.
Love the insight. Thank you. Not always a win and really appreciate that you show the skeletons in your card closet. Graduate level trading card course.
Did u get to keep the showcases? Awesome adventure. Thanks for sharing!
Actually ended up selling the display cases to another dealer since we had no good way to transport them home.
Sounds like Anthony got the better end of the deal for sure. I love hearing these stories and seeing the numbers at the end!
Awesome story as usual!!! Thanks for sharing!!
The exciting aspect is priceless ! You did great 👍
I would have told Anthony to complete the deal over dinner with his wife and, with all parties involved. I would never take a chance with that many people at the nationals, it would have been at a comfortable atmosphere without having to worry over the transaction. Even if you partner would have showed up on time at 4pm it could have been risky for Anthony sake because that much money, "at the booth" would have been a nightmare? I'm glad you were able to make a small profit but, even for myself, I would have been splitting hairs, for sure less than 10K profit would have pushed me beyond the edge, at least it was not a loss.
I would love to see you add a “current sales estimate” to these collection deals, going off of recent sales…….as long as it wouldn’t make you too sad. 😂
i asked him for the same thing he did that for a bunch of Trout rookies and it was just too depressing but he always says its about enjoying the cards and the deal not just profit
Awesome content Chris. I just saw something on ebay that to me just can't be right. It shows on July 22nd, a 1996 97 PSA 9 Topps Chrome Kobe Bryant rookie sold for just $390!!! Talk about bargain of the century if true. Just thought I would see if that were a candidate for your weekly rollers segment.