One last consideration. Alot of shop owners are more willing to exchange product for you cards. They already know their cost and are willing to be more flexible trading instead of making direct buys.
another great post!! Ever consider checking out the big shows in Canada (Toronto, Montreal, Edmonton)? Lots of hockey but pretty much everything represented here....and the guests and panels are pretty good. Would love to see you walking around at one of these!
Great stuff. As a shop owner I try to explain this to people when they come in to sell their cards, they don't understand the time,fees and overhead involved. I'm gonna post a link on my shop's Facebook page to this video and hopefully some will watch it.
I would add one small twist to the 2nd lot scenario. Since we are in that graded boom. Say of those 1000 cards, 800 have a chance to grade a 10.1 dollar cards can turn into 100 or more depending on which ones. ( thinking junk wax era even). For someone who specializes in graded, those cards might be a little more enticing. Just a another wrinkle to add to the train of thought on that one lol
@@smalltowncollectibles1959 look at psa 10 sales of Michael jordan, Wayne Gretzky, Tom Brady etc . Their base cards can go for 100s. Even junk wax era ones. Also many lower end inserts and parallels in high grade can command some good money. Now at even 50 a card, psa isn't a great idea right now. Sgc at 30 can be, or holding till psa comes down both can be options.
Working in a card shop in the 80's and 90's, I can tell you there is a huge difference what a lcs, show, and ebay dealer can pay. With eBay it's mostly time, travel buying collections and fee expenses and the shipping and packaging get passed off to the buyer. Show guys are show expenses as in fees, display cases, travel and of course time. Lcs have the most expenses, which are rent, taxes, payroll, electric, shrinkage, security, different insurances, a incredible amount of time. For a shop you have to be open probably 6 times a week as the expenses don't stop. I know back then was a totally different game than today, so I might be out of touch with things. But today reminds me of those years as there are so many people that think they're dealers now. Keep up the good work sir.
There's a car ad beneath this video, but it's for a Hyundai, not a Toyota Camry. It's time for you to get Toyota to sponsor your videos so that you'll have the proper car ad accompanying your videos!
Very possibly your best video Chris...I always pick up something of value from you. Hopefully people will read this and understand a dealer's point of view more. Some dealers however need to take a lesson on how not to alienate people by giving attitude to people wanting to sell.
holy shit Chris 50k subs already! been here since for ever. you deserve the blow up. you will only get way more subscribers to. you will go down as a legend in the hobby. real genuine advice and cool stories / perspective since day 1.
i would argue the $500 cards are harder to move these days. I set up at shows and my value box always consistently sell. I have trouble moving anything over $100 these days
Very helpful info Chris. Is it easier to sell a complete set to a dealer or should I just take out the best cards and sell them individually, forgetting about the commons. For example: 2005 Topps Football set - Would a dealer pay a comparable price for a single Aaron Rodgers as he would for the complete set. Thanks Chris.
I'm psyched! Just found out there is a card show every third Saturday at Tanglewood mall in Roanoke VA in my area. Some dude told me last night at Walmart when I was looking for cards. Probably going to set up a table myself. Looking forward to reading and hopefully finding some cool cards as well
INTERESTING video, Chris! Truly appreciate the insights into the minds of dealers (in general), from a someone who has lived the dealer experience from BOTH SIDES of the relationship!
Burbank sports cards, which is the largest dealer to my knowledge, at least on west coast...they answered without hesitation, that they pay 70-80% of book value to people selling 1 card to......? I guess they can do that cause they are always cash fluid...they go through each card also...I know much of dealers idea of worth is guess work..no one is sitting in someone's living room and pricing 5000 cards...so pretty much every single transaction, is a low ball...intentional or not.
Great job laying out all 4 scenarios! Always love your videos. I was a shop owner back in the early 90s & have recently found myself back in the hobby. Thanks for all your insights!!
Great video. I've been selling on eBay since 1999, and your point is spot on - yeah, it might only take 5 hours labor, but you might be waiting months for them all to sell. It's all about volume in order to ensure cash flow.
Great breakdown of what a dealer looks for and what they are considering when buying a collection. Thanks for your knowledge and for sharing it with the community.
I would actually pay dealers to take my thousands upon thousands of junk-wax era cards. I so don't want to throw them away, but I guess I can donate them somewhere.
Shouldn't taxes play into how much you're willing to pay? Paying 75% for $1000 worth of cards to earn only $150 feels like it's actually a zero-sum, game.
Such a great video, Chris! I would love to see you continue this "series" with some videos like, "how to make the most $ out of your collection", "how to sell to dealers", "which cards to list, which cards to send to comc, which cards to grade, and which cards to skip (and why)", etc.
As I've made my living from this hobby for nearly 30yrs....I've had to adapt as has everyone who has been doing this for sometime- while I completely agree with alot of what you stated- however, for me personally, you have missed the most important part- if you don't truly know what platform gives the best returns on whatever product your selling then your backing up from the start. I specialize in vintage and can tell you without waiver that vintage in the $50-250 price range will bring 30% more money on facebook marketplace than it will on ebay- and sell quicker also. This is something I would recommend you should run your numbers on and chart....I have over 10yrs of comparison history and very rarely will your buying market for each classification of cards change- its quite remarkable how consistent the best returns stay in their respected areas.
You truly have a gift of explaining things that most if not all can understand. Always great content. This segment was extremely valuable to the hobby. Thank you
Really helpful information. If possible can you go the next step on how dealers- especially you tubers- make money. For example, what percentage of dollars are brought in by big time dealers- from you tube, from buying and selling at their shop, show and other platforms- Whatnot, eBay, etc. How much do they spend to set up at big shows and do they get better deals because of their celebrity status on social media platforms? Thanks. Just wondering how guys like Card Collector 2, Sports Card Investor, yourself and other social media guys make their profit.
What,if the jersey-relic cards where autographed and graded wouldn't this bump up the price? I know it depends on the player who is featured on the card as well.
Another quality video Chris! I love that you both entertain and educate. I come away watching with a feeling I understand the hobby a little bit better each time. This one in particular is getting shared around for sure (and might help me win a bet lol).
What I don’t understand is that my collection is a little bit of every group. I have around 2000 base cards, 500 inserts and parallels, 500 low end rookies. As well as 500 high end rookie cards, autos, patches. And 4 cards worth $200+ each. No card shop will even give me offer. I got an offer on everything for $500, which is insulting, as he would break even after selling just 2 of the high end cards, and has 5000 other cards for profit
You have to change the way you are marketing it to them then. Do the sorting yourself, make it easy for them to see the high end value. And I would venture that if you had multiple offers around the same price, it's probably not that insulting.
This is great stuff Chris, as a beginner dealer (been in it for a few years) I love to hear what the true veterans of the hobby think about this stuff. Love your channel man!
Not sure if you've done this already but I would be super interested in having you walk us through the boxes on your shelf, and generally how your inventory/collection is organized and stored. I am constantly re-organizing my valuable cards. I am also always checking out those boxes behind you.
Thanks for making this video. Gave me alot of insite as to what to do with my collection moving forward. I just have alot... of alot... one day I want to leave a nice, tidy collection to my kid with not alot of hassle
@@collectorinvestordealer thank you. It was so far down that I didn't see it. I'm bummed the Dada footwear cards are no longer available, but am looking forward to learning more going forward!
In a future video, I’d be interested in a tour of the boxes on the racks behind you. Are those all active non-COMC listings? How do you sort them and why? Are those the only active boxes you work from? What are the ‘Keepers,’ if not PC cards? When is the massive Craig Biggio rookie lot going to be posted??! Thanks, great video as always.
Hey Chris, great content as usual 👍 Thanks for all that you do for the hobby and the collectors out there. The knowledge you share with the community is priceless! I had a random question, what would you say is the best auction house that consistently attains the highest auction prices. I have a large card collection (500,000) give or take that I've been working on for the past 30+ years on and off. There's a little bit of everything mostly sports but a lot of non- sports as well. I've decided that it's time to start selling, I literally have no space left. So my thoughts were to find the best auction house and start little by little and see how it goes. Any advice you might have would be greatly appreciated, thank you Chris. Keep up the good work !
Thank you for the kind words! There are many auction houses that are great, it really depends on what you have as to what I would recommend. Hoodys, DCSports87, Greg Morris cards are a few I have used lately. Goldin, Heritage, PWCC are big for higher dollar cards.
@@collectorinvestordealerHey you're welcome Chris, Thank you for the advice, I'll do some research on the ones you recommend. I have a good starting point now. I just have to decide what to start selling though.
I care about this content. It's fair. I have become more of a collector, but do know that eventually, I will be selling, It's funny, people think that you should always try to 'win' each deal - but there is enough there if people take care of each other.
Good rule of thumb: never pay someone $100 upfront to mow their lawn. I am being silly there but that was actually a very effective analogy. I don’t buy or sell lots - but I still love watching this stuff. Somewhere in my mind I must think I am running a card business. I’m a big collector - so that’s where it’s tangible.
Hmmm, don't know, maybe it's a great business idea. You'd just have to build in credit risk, collection costs, and appropriate interest rates. You'd be a landscaper AND a short term lender at the same time. ....probably two skill sets that rarely align. OPPERTUNITY.
Great stuff as always! I think a finance concept also helps, namely "bid/ask spread". The concept is you can buy for one price "bid" and sell it for a lower because of the market. With stocks this is tiny, but it is there, precious metals, currency, etc., it is a little higher. As it applies to cards - there exists cards it would cost you $1 to acquire, to could only immediately sell for 25 cents. Often in finance the "value" of something is what you could get if you had to sell today, not what you could hold out for. Because that "holding out" requires labor, costs, and time value of money. Once one is comfortable with concept that to sell a card requires many "costs" (time, postage, risk -both IRR and market, and good old fashioned cash) one can get a clear picture why what Chris says is true. He explained it well!
Great video...but here is a thought...why not have the market value of collection 1 be $200 as opposed to $1000? All your videos are always insightful so thank you.
I hope most collectors realize they should never sell dealers their cards in the final scenario. Send them to an auction house (hell you might be sponsored by one) or eBay them yourself.
Great job on this video!! Love the comparison. My local card shop will only pay about 30% for the high end of your scale, which is why I don't sell to them unless I am really desperate! Next video I would like to see how you value higher end cards that don't have any comps.
Good video Chris! My collection is a mix of all four. I really want to get rid of the bulk commons but not sure exactly how to get rid of them by not just throwing them away. 70s to 90s. I've listed them on marketplace/C-list in the past but you have to deal with flaky people constantly saying they'll be there then never show up. I've given away a bunch in the past to kids that knew the players of then but kids of today wouldn't be interested in common players of 30-40 years ago. I guess if my heat ever goes out, I'll have something to burn and keep warm..lol
I donate my older “junk wax era” commons to nursing homes I find that a lot of times they once collected and enjoy sorting through large amount of cards.
What’s the best way from the sellers standpoint to sell lot1 with some cards in lot2 and 3, to sell these cards? I’ve purchased a lot of roughly 30,000 cards and have found some $100+ cards but lots of 70’s, 80’s base. eBay’s the site Iam using and have made my money back but wanna squeeze every dollar I can. Also, time isn’t a big issue for me as I do this on the side. I understand this could takes years and that’s fine. I just want to do this on my off time.
One last consideration. Alot of shop owners are more willing to exchange product for you cards. They already know their cost and are willing to be more flexible trading instead of making direct buys.
Fantastic video for both buyers and sellers.
Great video! I love your channel, so full of hobby insight.
What up Stryker
Super helpful. Thank you
Awesome break down, so much truth here. Would love to hear a similar video about cashflow! Always monitoring that and learning as I go.
Fantastic insight
Love the lawn mowing analogy very understandable..Thanks
another great post!! Ever consider checking out the big shows in Canada (Toronto, Montreal, Edmonton)? Lots of hockey but pretty much everything represented here....and the guests and panels are pretty good. Would love to see you walking around at one of these!
I was looking at going to the Toronto show in June, but wont be able to make it. I will try to make the one in November.
You sound like a Professor of Cards. Amazing insights and speaking skills.
Really cool video thanks for putting it together
This content is good for the hobby
Another great video. Great info here.
Great stuff. As a shop owner I try to explain this to people when they come in to sell their cards, they don't understand the time,fees and overhead involved. I'm gonna post a link on my shop's Facebook page to this video and hopefully some will watch it.
Thank you!
They jav to understand they are stupid and greedy fools
Thank you Chris for educating us on this. I truly enjoy your video's and always look forward to them.
outstanding video thxs
I've just recently found your channel and I have to say how happy I am to do so. THANK YOU for everything you cover. Especially your history videos. ❤
I would add one small twist to the 2nd lot scenario. Since we are in that graded boom. Say of those 1000 cards, 800 have a chance to grade a 10.1 dollar cards can turn into 100 or more depending on which ones. ( thinking junk wax era even). For someone who specializes in graded, those cards might be a little more enticing. Just a another wrinkle to add to the train of thought on that one lol
No base card is worth grading anymore Graded cards don’t sell like they did in 2020 during that high point
@@smalltowncollectibles1959 look at psa 10 sales of Michael jordan, Wayne Gretzky, Tom Brady etc . Their base cards can go for 100s. Even junk wax era ones. Also many lower end inserts and parallels in high grade can command some good money. Now at even 50 a card, psa isn't a great idea right now. Sgc at 30 can be, or holding till psa comes down both can be options.
There also would be a state and federal tax on the profit to consider.
Great video
This is Yoda level knowledge only gained from years of experience.
Thank you again Chris (Master Yoda) for sharing this with us.
Appreciate that I do
@@collectorinvestordealer Very Welcome You are ;)
I appreciate your time and information you bring to All of Us. Keep it coming..
The lack of bs in this episode is another reason I love this channel and watch every video. Thumbs way up.
As always great explanation I see y u say buying packs is a waste of time and money so many commons and not alot of quality stuff
That kid stole my Mantle
Thanks Chris. Great content as always.
Whole new level of information - Thanks Chris!
Really interesting, thanks Chris!
Beckett just opened Economy level $25 no subs $35 with subs.
Most people don't understand the time value of money
Working in a card shop in the 80's and 90's, I can tell you there is a huge difference what a lcs, show, and ebay dealer can pay. With eBay it's mostly time, travel buying collections and fee expenses and the shipping and packaging get passed off to the buyer. Show guys are show expenses as in fees, display cases, travel and of course time. Lcs have the most expenses, which are rent, taxes, payroll, electric, shrinkage, security, different insurances, a incredible amount of time. For a shop you have to be open probably 6 times a week as the expenses don't stop. I know back then was a totally different game than today, so I might be out of touch with things. But today reminds me of those years as there are so many people that think they're dealers now. Keep up the good work sir.
Great info! Will you be in NJ during your time in the US??
I will be on the east coast and will be in Atlantic City for the National
damn Chris.. you outdid yourself this time! loved this numbers video! and learned alot again too! always a pleasure to watch! cheers
Thanks Chris!
It’s like business school for the hobby
There's a car ad beneath this video, but it's for a Hyundai, not a Toyota Camry. It's time for you to get Toyota to sponsor your videos so that you'll have the proper car ad accompanying your videos!
Ha! I should reach out to them :)
Love your breakdown. Really enjoy your videos.
Very possibly your best video Chris...I always pick up something of value from you. Hopefully people will read this and understand a dealer's point of view more. Some dealers however need to take a lesson on how not to alienate people by giving attitude to people wanting to sell.
holy shit Chris 50k subs already! been here since for ever. you deserve the blow up. you will only get way more subscribers to. you will go down as a legend in the hobby. real genuine advice and cool stories / perspective since day 1.
i would argue the $500 cards are harder to move these days. I set up at shows and my value box always consistently sell. I have trouble moving anything over $100 these days
Nice
Very helpful info Chris. Is it easier to sell a complete set to a dealer or should I just take out the best cards and sell them individually, forgetting about the commons. For example: 2005 Topps Football set - Would a dealer pay a comparable price for a single Aaron Rodgers as he would for the complete set. Thanks Chris.
Thanks! On the 2005 Topps set, they would probably pay pretty similar as there is not other valuable card other than the Rodgers.
I'm psyched! Just found out there is a card show every third Saturday at Tanglewood mall in Roanoke VA in my area. Some dude told me last night at Walmart when I was looking for cards. Probably going to set up a table myself. Looking forward to reading and hopefully finding some cool cards as well
Very cool!
INTERESTING video, Chris! Truly appreciate the insights into the minds of dealers (in general), from a someone who has lived the dealer experience from BOTH SIDES of the relationship!
I live i orange county cali area and have a box of random stuff im looking to move. Can u assist? Irvine/costa mesa area.
Great video. As a collector I found this really interesting and informative. Keep up the great work.
Love your passion and ur channel brother!!
Very well said Chris! Great examples with numbers for objectivity! This concept applies not only to cards, but many collectibles such as coins!
I've got around 3000 baseball cards from 1970-80 in good condition. What kind of price could i get for those?
Excellent insight, information and explantion
Excellent stuff!
OMG
Thanks for making this video.
I hope it goes viral.
Yep, we all needed to see this video to help put in perspective our priceless collections.😂
Very interesting information. I understand better what dealers pay for these type collections.
Burbank sports cards, which is the largest dealer to my knowledge, at least on west coast...they answered without hesitation, that they pay 70-80% of book value to people selling 1 card to......? I guess they can do that cause they are always cash fluid...they go through each card also...I know much of dealers idea of worth is guess work..no one is sitting in someone's living room and pricing 5000 cards...so pretty much every single transaction, is a low ball...intentional or not.
Great job laying out all 4 scenarios! Always love your videos. I was a shop owner back in the early 90s & have recently found myself back in the hobby. Thanks for all your insights!!
Great video. I've been selling on eBay since 1999, and your point is spot on - yeah, it might only take 5 hours labor, but you might be waiting months for them all to sell. It's all about volume in order to ensure cash flow.
Great breakdown of what a dealer looks for and what they are considering when buying a collection. Thanks for your knowledge and for sharing it with the community.
I wouldn't touch the first 2 categories with a thousand foot pole
Good stuff
Thank you for making content like this.
I see in the bottom right corner you have some of your financial breakdowns listed on the wall.
No that’s “art” or number games from my 6-year-old son
@@collectorinvestordealer I assumed so. That was just my poor attempt at a joke. I think it's great that you showcase his work!
nice job chris. this helps everybody understand how sports card transactions work with dealers
Back in the late 80's dealers would only bay 30-35 %
I would actually pay dealers to take my thousands upon thousands of junk-wax era cards. I so don't want to throw them away, but I guess I can donate them somewhere.
Offered a exmt/nrmt 1965 tops set to Dean’s Cards…….they were willing to pay $1200……LMAO.
Chris this was very enlightening. It gave me a good idea of what I can expect to get for my collection when I decide to sell.
Great Job, Chris!
Shouldn't taxes play into how much you're willing to pay? Paying 75% for $1000 worth of cards to earn only $150 feels like it's actually a zero-sum, game.
I enjoy your channel!
Can you PLEASE do some of
"THE GOOD STUFF "?
That's the Hobby which I grew up in.
Thanks, Ron.
Well done man. Helps people manage their expectations better if they're looking to sell their collection.
This made me think about collecting when I was a kid and friends would try to trade 4 average cards for one good one.
Quantity over quality, yes! Lol
Such a great video, Chris! I would love to see you continue this "series" with some videos like, "how to make the most $ out of your collection", "how to sell to dealers", "which cards to list, which cards to send to comc, which cards to grade, and which cards to skip (and why)", etc.
As I've made my living from this hobby for nearly 30yrs....I've had to adapt as has everyone who has been doing this for sometime- while I completely agree with alot of what you stated- however, for me personally, you have missed the most important part- if you don't truly know what platform gives the best returns on whatever product your selling then your backing up from the start. I specialize in vintage and can tell you without waiver that vintage in the $50-250 price range will bring 30% more money on facebook marketplace than it will on ebay- and sell quicker also. This is something I would recommend you should run your numbers on and chart....I have over 10yrs of comparison history and very rarely will your buying market for each classification of cards change- its quite remarkable how consistent the best returns stay in their respected areas.
You truly have a gift of explaining things that most if not all can understand. Always great content. This segment was extremely valuable to the hobby. Thank you
Really helpful information. If possible can you go the next step on how dealers- especially you tubers- make money. For example, what percentage of dollars are brought in by big time dealers- from you tube, from buying and selling at their shop, show and other platforms- Whatnot, eBay, etc. How much do they spend to set up at big shows and do they get better deals because of their celebrity status on social media platforms? Thanks. Just wondering how guys like Card Collector 2, Sports Card Investor, yourself and other social media guys make their profit.
That’s an interesting idea for a video… I’ll consider a video on something like that
Great as always
What,if the jersey-relic cards where autographed and graded wouldn't this bump up the price? I know it depends on the player who is featured on the card as well.
Yes, if you bump up the price, you bump up the price.
Note to self: Sell items yourself unless you’re seriously in trouble.
Another quality video Chris! I love that you both entertain and educate. I come away watching with a feeling I understand the hobby a little bit better each time. This one in particular is getting shared around for sure (and might help me win a bet lol).
What I don’t understand is that my collection is a little bit of every group. I have around 2000 base cards, 500 inserts and parallels, 500 low end rookies. As well as 500 high end rookie cards, autos, patches. And 4 cards worth $200+ each. No card shop will even give me offer. I got an offer on everything for $500, which is insulting, as he would break even after selling just 2 of the high end cards, and has 5000 other cards for profit
You have to change the way you are marketing it to them then. Do the sorting yourself, make it easy for them to see the high end value. And I would venture that if you had multiple offers around the same price, it's probably not that insulting.
This is great stuff Chris, as a beginner dealer (been in it for a few years) I love to hear what the true veterans of the hobby think about this stuff. Love your channel man!
This was an awesome video, very cool to look at and not something I would think about in the hobby while purchasing, thanks Chris!
Not sure if you've done this already but I would be super interested in having you walk us through the boxes on your shelf, and generally how your inventory/collection is organized and stored. I am constantly re-organizing my valuable cards. I am also always checking out those boxes behind you.
Second this. We’re all very curious Chris. Throw us a bone 😁
Thanks for making this video. Gave me alot of insite as to what to do with my collection moving forward. I just have alot... of alot... one day I want to leave a nice, tidy collection to my kid with not alot of hassle
How do I reach you? I am looking for your page for your inventory that you sell, but don't know how to find it, if it exists. Help! ✌
My email and links to some of my inventory is in the description of each vide
@@collectorinvestordealer thank you. It was so far down that I didn't see it. I'm bummed the Dada footwear cards are no longer available, but am looking forward to learning more going forward!
In a future video, I’d be interested in a tour of the boxes on the racks behind you. Are those all active non-COMC listings? How do you sort them and why? Are those the only active boxes you work from? What are the ‘Keepers,’ if not PC cards? When is the massive Craig Biggio rookie lot going to be posted??! Thanks, great video as always.
Thats an interesting idea...
I'm curios what's in the 90s refractor box!
I myself was wondering about an entire box dedicated to Biggio?
Oops, I just made this same comment before reading this.
Hey Chris, great content as usual 👍 Thanks for all that you do for the hobby and the collectors out there. The knowledge you share with the community is priceless! I had a random question, what would you say is the best auction house that consistently attains the highest auction prices. I have a large card collection (500,000) give or take that I've been working on for the past 30+ years on and off. There's a little bit of everything mostly sports but a lot of non- sports as well. I've decided that it's time to start selling, I literally have no space left. So my thoughts were to find the best auction house and start little by little and see how it goes. Any advice you might have would be greatly appreciated, thank you Chris. Keep up the good work !
Thank you for the kind words! There are many auction houses that are great, it really depends on what you have as to what I would recommend. Hoodys, DCSports87, Greg Morris cards are a few I have used lately. Goldin, Heritage, PWCC are big for higher dollar cards.
@@collectorinvestordealerHey you're welcome Chris, Thank you for the advice, I'll do some research on the ones you recommend. I have a good starting point now. I just have to decide what to start selling though.
Time is money. When I told you the most I ever spent for one card was $50, it was for a Bradshaw rookie.
I care about this content. It's fair. I have become more of a collector, but do know that eventually, I will be selling, It's funny, people think that you should always try to 'win' each deal - but there is enough there if people take care of each other.
Good rule of thumb: never pay someone $100 upfront to mow their lawn.
I am being silly there but that was actually a very effective analogy. I don’t buy or sell lots - but I still love watching this stuff. Somewhere in my mind I must think I am running a card business. I’m a big collector - so that’s where it’s tangible.
Hmmm, don't know, maybe it's a great business idea. You'd just have to build in credit risk, collection costs, and appropriate interest rates. You'd be a landscaper AND a short term lender at the same time. ....probably two skill sets that rarely align. OPPERTUNITY.
I am trying to sell a lot of like 100 cards. Jersey cards, autos, serial # of minor starts and stuff like that. It’s tough to sell he’s right lol
Great stuff as always! I think a finance concept also helps, namely "bid/ask spread". The concept is you can buy for one price "bid" and sell it for a lower because of the market. With stocks this is tiny, but it is there, precious metals, currency, etc., it is a little higher.
As it applies to cards - there exists cards it would cost you $1 to acquire, to could only immediately sell for 25 cents. Often in finance the "value" of something is what you could get if you had to sell today, not what you could hold out for. Because that "holding out" requires labor, costs, and time value of money.
Once one is comfortable with concept that to sell a card requires many "costs" (time, postage, risk -both IRR and market, and good old fashioned cash) one can get a clear picture why what Chris says is true. He explained it well!
Great video...but here is a thought...why not have the market value of collection 1 be $200 as opposed to $1000? All your videos are always insightful so thank you.
I think Chris was trying to do 1 to 1 comparison between all four groups, so he made them all an equal market value of $1000.
I hope most collectors realize they should never sell dealers their cards in the final scenario. Send them to an auction house (hell you might be sponsored by one) or eBay them yourself.
Great job on this video!! Love the comparison. My local card shop will only pay about 30% for the high end of your scale, which is why I don't sell to them unless I am really desperate! Next video I would like to see how you value higher end cards that don't have any comps.
sweet. Saturday morning upload🤝well its afternoon for you. hope your weekend is going well.
Good stuff! Thanks
Good video Chris! My collection is a mix of all four. I really want to get rid of the bulk commons but not sure exactly how to get rid of them by not just throwing them away. 70s to 90s. I've listed them on marketplace/C-list in the past but you have to deal with flaky people constantly saying they'll be there then never show up. I've given away a bunch in the past to kids that knew the players of then but kids of today wouldn't be interested in common players of 30-40 years ago. I guess if my heat ever goes out, I'll have something to burn and keep warm..lol
Eventually somebody on marketplace will grab them from you I’ve sold a bunch of common bulk lots like that
I donate my older “junk wax era” commons to nursing homes I find that a lot of times they once collected and enjoy sorting through large amount of cards.
Were taxes taken into account?
This is all before taxes
Let me tell you how it will be. There's 1 for you 19 for me.
What’s the best way from the sellers standpoint to sell lot1 with some cards in lot2 and 3, to sell these cards? I’ve purchased a lot of roughly 30,000 cards and have found some $100+ cards but lots of 70’s, 80’s base. eBay’s the site Iam using and have made my money back but wanna squeeze every dollar I can. Also, time isn’t a big issue for me as I do this on the side. I understand this could takes years and that’s fine. I just want to do this on my off time.
Best way is to just scan every single card and upload to eBay and other sites you may use