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Purchasing cards

Having been a member on these threads for awhile I thought I would ask the following questions in hopes of getting some valuable feedback. Here goes:

When buying vintage cards from someone how do you value their collection? I remember years ago that placing 35-40% of current market used to be pretty much the norm...and I may be dating myself on this quote ...but if you were looking at a vintage collection in todays market how would you place the value??

I realize that stars such as Mantle, Clemente, Aaron, etc would have a premium but what of the rest of a collection.


your feedback appreciated since I may have an opportunity to partake in such a venture soon.

thanks
al.
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