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Check this out. Do people really make money like this?!?!

goudeygoldgoudeygold Posts: 701 ✭
in Trading Cards & Memorabilia Forum
Check this link out. this guy just bought this card LAST WEEK for $1870. Now he has it listed for $2500. SMR is $1450. Is he dreaming, or what? Do people really make this kind of money flipping immediately on ebay?

NEW LISTING:

http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&category=31721&item=5187773547&rd=1&ssPageName=WD1V

ORIGINAL LISTING:

http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=5181793507&rd=1&sspagename=STRK:MEDW:IT&rd=1


GG

Comments

  • MorrellManMorrellMan Posts: 3,241 ✭✭✭
    Selling link
    Purchased link

    Sometimes it works. Sometimes it doesn't. It only costs him the listing fee.
    Mark (amerbbcards)


    "All evil needs to triumph is for good men to do nothing."
  • KnucklesKnuckles Posts: 2,512 ✭✭✭
    If someone needs/wants the card bad enough and the funds arent an issue at all.. You've got to have plenty of luck though.
    image
  • CDsNutsCDsNuts Posts: 10,092 ✭
    And it's a pretty shotty 7 with that top left corner. I saw the same thing on a much much much smaller scale with a guy that bought a 78 PSA 10 Orioles team card for $60 and has put it at an $80 buy it now twice with no success.

    Lee
  • goudeygoldgoudeygold Posts: 701 ✭
    Actually the 7 is pretty sharp for the 38s. I think the top corner is a little misleading due to the toning misleadingly making the corner look worse. PSA doesn't seem to downgrade for toning until you get higher than 7, which is a problem 99.9% of us won't have to worry about.

    More interestingly, this 7 in my opinion is STRONGER than the PSA 8 "old flip" Feller that just sold for $5,000 +15% at mastronet last week.

    What do you guys think?

    GG

    It still amazes me how rare even seeing an 8 in these 38s is. To date I've seen one 8 common and one feller, one joe-D. there are 297 more out there, but they must ALL be under lock and key I guess.
  • MajorDanbyMajorDanby Posts: 1,343
    the seller does that a lot. I've monitored some of his activity...and he buys cards and sells them off at near or at SMR. I saw him purchase a feller 54 wilson franks once....turned it around and made about $400 off of it. There are a quite a few other big sellers who do this....
    My Auctions

  • wolfbearwolfbear Posts: 2,759 ✭✭✭

    MastroNet 1938 Goudey Bob Feller that just sold for $ 5,768.40 on the left.

    Ebay 1938 Goudey Bob Feller available right now for $ 2,500.00 on the right.

    imageimage

    The 8 doesn't look twice as good as the 7 to me.

    Plus, it's way smaller ... image

    Pix of 'My Kids'

    "How about a little fire Scarecrow ?"
  • goudeygoldgoudeygold Posts: 701 ✭
    thanks wolfbear for the proper layout help!!

    This is when people buy the case and not the card. There is no way the 8 is worth 250% more than the 7. i'm not going by the asking price on the 7, but the selling price last week.

    GG
  • jrdolanjrdolan Posts: 2,549 ✭✭
    Do you think Mastro's Feller would pull an 8 nowadays? I don't.
  • ctsoxfanctsoxfan Posts: 6,246 ✭✭
    Wow - on eye appeal alone, the 7 looks pretty nice to me. I would take that at less than half the price any day of the week.

    Didn't a wise man once say, buy the card - not the holder?
    image
  • KnucklesKnuckles Posts: 2,512 ✭✭✭
    I don't understand why collectors buy the grade over the look of a card.. I can see why if it's just an investment for them but it's really stupid in my mind that someone would enjoy a card more because it has a higher grade vs a card with a lower grade with much nicer eye appeal.

    At a show a month ago there was a SGC 50 (4) 1951 Ted Lindsay RC. The card looked gorgeous. Sharp corners and great color and perfect centering however there was a wrinkle that I couldn't even see with my 20/20 eye sight. There was also a PSA 6 at the show which was off centered a bit and the corners had minor dings and the color wasn't very good. The prices were very close, the SGC 50 being a little cheaper. I ended up buying the card and not the grade which I don't regret doing at all the SGC Lindsay looks great in my cabinet. image
    image
  • goudeygoldgoudeygold Posts: 701 ✭
    Now he has the 7 on ebay for $3000. I gave him a best offer matching his price he actually got it for 2 weeks ago.

    GG
  • kobykoby Posts: 1,699 ✭✭
    Well he sold the card to someone.

    Many dealers make a living by buying and selling cards in that way.


  • goudeygoldgoudeygold Posts: 701 ✭
    He sold it to me for his winning price a week ago!!!!!! I'm on freaking cloud nine!!! Said he was going to cross to GAI, but said to heck with it and let me have it!!!

    helll yea!!!!

    GG
  • baseballfanaticbaseballfanatic Posts: 2,415 ✭✭
    If I was going to put a picture on my "me" page like the seller has, I'd at least use the "redout" on my eyes....
  • KnucklesKnuckles Posts: 2,512 ✭✭✭
    Cool beans for you.. Pretty stupid of him.. What a waste of time.
    image
  • BuccaneerBuccaneer Posts: 1,794 ✭✭


    << <i>I don't understand why collectors buy the grade over the look of a card.. I can see why if it's just an investment for them but it's really stupid in my mind that someone would enjoy a card more because it has a higher grade vs a card with a lower grade with much nicer eye appeal.

    >>



    I believe it's the other way around. Real investors do NOT buy the grade over the card. Well-centered cards of any grades are commanding quite a premium. I have been paying 20-30% over SMR to get such cards recently (1957 and 1961 AS).
  • Stone193Stone193 Posts: 24,439 ✭✭✭✭✭


    << <i>

    << <i>I don't understand why collectors buy the grade over the look of a card.. I can see why if it's just an investment for them but it's really stupid in my mind that someone would enjoy a card more because it has a higher grade vs a card with a lower grade with much nicer eye appeal.

    >>



    I believe it's the other way around. Real investors do NOT buy the grade over the card. Well-centered cards of any grades are commanding quite a premium. I have been paying 20-30% over SMR to get such cards recently (1957 and 1961 AS). >>


    Buc
    I agree! I can pick up a 63F BB PSA 8 for about 2/3 book in the 60/40 arena but if the card is centered really nice, the card will go for over book every time - it appears. That's been my experience.

    mike
    Mike
  • SDavidSDavid Posts: 1,584 ✭✭
    That's a lot of fees to pay, especially if you pay with paypal.

    I think that's a tough way to make money in general. Last night I checked his completed auctions using ebay's advanced search, and I don't think any of his fixed price listings had sold.

    I agree about centered cards usually selling for a premium, but I wonder how much of that is driven by dealers looking for bump ups? I know of at least two dealers who buy high end cards by the truckload, and they pay good money for them.
  • SDavidSDavid Posts: 1,584 ✭✭
    Nevermind what I said about the fees. I didn't check the listing.
  • DirtyHarryDirtyHarry Posts: 1,917 ✭✭✭
    As anything, stuff is only "worth" what a buyer will pay for it. Price guides are guides for the optomistists.
    Proud of my 16x20 autographed and framed collection - all signed in person. Not big on modern - I'm stuck in the past!
  • goudeygoldgoudeygold Posts: 701 ✭
    optimistic for the seller? because its actually pretty optimistic for the buyer on mid grade and higher pre-war 90% of the time.

    GG
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