707 Sportscards and 20 cent listing day
koby
Posts: 1,699 ✭✭
Today is 20 cent listing day and I noticed there were no threads about Levi Bleam.
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<< <i>Today is 20 cent listing day and I noticed there were no threads about Levi Bleam. >>
until now
Levi Bleam - sounds like the lead singer in a British Invasion cover band.
<< <i>I just like his name.
Levi Bleam - sounds like the lead singer in a British Invasion cover band.
Oddly enough, if he was who I think he was at the Chicago Sun Times show last month, he looks a bit like Fee Waybill from The Tubes!
It's like having "someone" come to your room in Vegas.
She's absolutely smoking hot but the problem is the price tag is just waaaaaaaaaaay too much for your liking.
Sure, every once in a while you decide to splurge but for the most part, as they say, if you don't see it, it isn't there to tempt you.
All categories are filling up fast.
<< <i>Not to rag on Levi but I won't even bother looking at eBay for the next week.
It's like having "someone" come to your room in Vegas.
She's absolutely smoking hot but the problem is the price tag is just waaaaaaaaaaay too much for your liking.
Sure, every once in a while you decide to splurge but for the most part, as they say, if you don't see it, it isn't there to tempt you.
YUM!
<< <i>
It's like having "someone" come to your room in Vegas.
She's absolutely smoking hot but the problem is the price tag is just waaaaaaaaaaay too much for your liking. >>
That is an interesting analogy. I don't think I view most card dealers in that way.
<< <i>I just like his name.
Levi Bleam - sounds like the lead singer in a British Invasion cover band.
I may have purchased a card from him, a 1990 Topps Thomas NNOF PSA 8 -- can't recall what I paid though...
Bowman Baseball -1948-1955
Fleer Baseball-1923, 1959-2007
Al
<< <i>
<< <i>I just like his name.
Levi Bleam - sounds like the lead singer in a British Invasion cover band.
Oddly enough, if he was who I think he was at the Chicago Sun Times show last month, he looks a bit like Fee Waybill from The Tubes! >>
Su-su-sushi
Mushi-mushi
Cherry blossom and rice
Su-su-sushi she's so nice
He's doing something right, I have no qualms with the guy.
Mark
Raw: Tony Gonzalez (low #'d cards, and especially 1/1's) and Steve Young.
joe
Levi Bleam - sounds like he should be a panel guest on American Idol.
Bowman Baseball -1948-1955
Fleer Baseball-1923, 1959-2007
Al
<< <i>I'll answer my question: $25,756.74 -- quote a few even received multiple bids meaning there were deals to be had if someone had just purchased it out of his store at his BIN price.
He's doing something right, I have no qualms with the guy. >>
What were his listing fees?
what was the total $$ amount of all of the cards he listed?
If you had those figures, that 25K would probably seem really insignificant.
I don't see anyone bagging on the guy but the majority of his stuff is overpriced, sometimes double or triple, by any standard (smr, ebay, etc..), period. If people want to pay it, big deal, but you won't catch me doing so.
<< <i>Anyone want to take a guess as to how much Levi sold last 20 cent listing day when, similar to this one, it was auction style only? >>
1,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000 items?
rd
Quicksilver Messenger Service - Smokestack Lightning (Live) 1968
Quicksilver Messenger Service - The Hat (Live) 1971
I'll answer my question: $25,756.74 -- quote a few even received multiple bids meaning there were deals to be had if someone had just purchased it out of his store at his BIN price.
He's doing something right, I have no qualms with the guy.>>
Interesting info OBC - I often wondered how he did. I like Levi a lot and have bought cards from him - mostly in 1999 when PSA card prices were climbing exponentially and those purchases ended up being good buys because the market hadn't peaked yet. But even within the last year I found several cards out of at least 150 '71 PSA 8s on his eBay cheap listing day inventory that were actually within the normal market price and bought them.
Now $25K+ does appear to be a healthy amount of sales, but also realize that 707 lists close to 19,000 cards! I'd be curious to know how many cards he sold to generate $25K? 100? 200?. The problem is that when merchandise sits there and doesn't sell, it is costing you money. That's an asset that doesn't draw interest nor appreciates, with some few exceptions and adds to the overhead. So I guess the bottom line is how much his inventory is truly worth on the open market. If it's worth under $1M then grossing $25K, which is really netting $20K per quarter is probably OK considering he makes additional money from shows and direct sales. If his inventory is worth a lot more than that on the open market, then he may be better off selling off his inventory, investing it and doing something else with his free time.
Again, I like Levi and I'm not being critical of him because from what I know from talking to him many times over the years is that much of his business is fueled by the passion for vintage cards and I'm sure that's the biggest reason he's a card dealer rather than selling the lastest trendy gizmo for big bucks. Also, his service is as good as it gets, which is something you don't get from most fly-by-night ebayers.
I'm kind of surprised nobody has pounced on another seller whose name I will not mention, but his cheap listing day auctions are a total waste in my opinion: most have no scans, some have generic titles so that they can be edited later, way overpriced, yada yada yada........
<< <i>Mike....we should invite him down for pizza at Juliens one night >>
I agree Al.
After.... We could invite him here for a group discussion.
<< <i><<Anyone want to take a guess as to how much Levi sold last 20 cent listing day when, similar to this one, it was auction style only?
I'll answer my question: $25,756.74 -- quote a few even received multiple bids meaning there were deals to be had if someone had just purchased it out of his store at his BIN price.
He's doing something right, I have no qualms with the guy.>>
Interesting info OBC - I often wondered how he did. I like Levi a lot and have bought cards from him - mostly in 1999 when PSA card prices were climbing exponentially and those purchases ended up being good buys because the market hadn't peaked yet. But even within the last year I found several cards out of at least 150 '71 PSA 8s on his eBay cheap listing day inventory that were actually within the normal market price and bought them.
Now $25K+ does appear to be a healthy amount of sales, but also realize that 707 lists close to 19,000 cards! I'd be curious to know how many cards he sold to generate $25K? 100? 200?. The problem is that when merchandise sits there and doesn't sell, it is costing you money. That's an asset that doesn't draw interest nor appreciates, with some few exceptions and adds to the overhead. So I guess the bottom line is how much his inventory is truly worth on the open market. If it's worth under $1M then grossing $25K, which is really netting $20K per quarter is probably OK considering he makes additional money from shows and direct sales. If his inventory is worth a lot more than that on the open market, then he may be better off selling off his inventory, investing it and doing something else with his free time.
Again, I like Levi and I'm not being critical of him because from what I know from talking to him many times over the years is that much of his business is fueled by the passion for vintage cards and I'm sure that's the biggest reason he's a card dealer rather than selling the lastest trendy gizmo for big bucks. Also, his service is as good as it gets, which is something you don't get from most fly-by-night ebayers.
I'm kind of surprised nobody has pounced on another seller whose name I will not mention, but his cheap listing day auctions are a total waste in my opinion: most have no scans, some have generic titles so that they can be edited later, way overpriced, yada yada yada........ >>
Fantastic post, Dan. I suspect that the opportunity cost of holding all those cards-- especially seeing what's happened to the market value of PSA cards in general over the past three years-- is probably substantial. Also, I will never understand why someone who had a card that's commonly traded (i.e., something that shows up fairly frequently, like a '61 Clemente PSA 8 or something similar) would 'hold out' for 150-200% of market value, when they could just sell the card for 130% of market value and then go buy another one.
<< <i>without knowing levi's financial situation it's hard to say. maybe he has 3 million in stocks, another million in cash and these the cards are his play money so having inventory that is 'sitting' is no big deal to him. then again maybe every penny he has is tied into cards - i doubt that though. >>
Is Levi willing to adopt? Im a good kid, really. Not as good as Goot, but I'd make him proud.
joe
those '74 lots did purty well huh? max bix on psa 9 washington common variation was $40, so you can thank me for extra $10 you made... (JK)
man, i would've been tempted to of kept the set for myself, but mayb that's just me?
julen
RIP GURU
watchers, and ZERO bidders; I am in more than
one-dozen categories.
The fact that I have so many watchers does mean
that the clutter is not so bad as to prevent folks
from finding what they want.
I short-listed everything. Three to five days, instead
of seven. I will bump many to 10-days, if they have
no bids 12-hours before expiration. This keeps me
out of the 7-day clutter.