707 Sportscards
Brown
Posts: 15
I see this guy has a huge inventory. His prices are high at the buy it now level, does he ever blow out his inventory auction style?
0
Comments
has the same inventory he just waits for free listing day and he lists a lot of his stuff.
ON ITS WAY TO NEWPORT BEACH, CA 92658
For what it's worth, I've heard their customer service is outstanding for those who choose to pay their prices.
-CDs Nuts, 1/20/14
*1956 Topps baseball- 97.4% complete, 7.24 GPA
*Clemente basic set: 85.0% complete, 7.89 GPA
<< <i>No but you can try emailing him an offer...he may knock up to a $1 or $2 off his bin. >>
Funny^ but true
ON ITS WAY TO NEWPORT BEACH, CA 92658
Always buying Bobby Cox inserts. PM me.
Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
<< <i>Maybe he just knows what the true market value of his cards is, LOL.. >>
+1. Yessir. He places the highest value on his stuff, and thus it sits on the shelf. And sits...
Always buying Bobby Cox inserts. PM me.
the one thing I love about 707 is he just pours salt in the wounds of the cheapskate & bottom feeders, as he doesn't need the money
and this makes the lowballers mad as heck, but heck they can go down the street I'm sure and buy 20.00 dollar boxes of 89 score football & PSA 1 mantles for 1,000 a piece and he politely tells them to go down the street and do so. LOL
wow I just noticed he has 5.0 rating across the board and averages 277 sales a month on ebay.
In ending all I can say is www.707sportscards.com you are my HERO kick those flee market & lowballers out the door and down the street.
17,757 BIN's - 000- auctions LOL
Text
Wow, either you like to overpay or maybe he does deal on price.
Never bought a card from him but have enjoyed talking with him at The National several times.
If you are patient you can almost always beat his price, to enough people that doesn't matter obviously.
He has plenty of company in the overpriced BIN category on ebay. These sellers are not concerned with their ebay volume.
It's like buying aspirin at the gas station: Either pay more now or drive to find a grocery store, wade through customers, and pay less.
And I think I have bought three VERY CHEAP cards from him in the past, at most.
<< <i>I was just looking a previous threads under the search mode. It does seem like this topic has been discussed before and always with much passion. There always seems to be one person who virtually always chimes in 707s defense. This always creates much passion and makes the threads carry on longer than they should normally. Can anyone speculate as to why this may be? Does anyone notice something amiss? >>
Do you mean like why people keep making threads complaining about his prices?
Welcome to the boards
With some people, they'd rather deal with Levi and pay more for the convenience as well as the trustworthiness which he brings to a transaction - it's as simple as that.
<< <i>Never underestimate what the American public will pay for convenience. They'll go into a Wawa or 7-11 and pay $1.50 for a soda when the supermarket right around the corner sells it for $1 or less. I could site numerous other examples.
With some people, they'd rather deal with Levi and pay more for the convenience as well as the trustworthiness which he brings to a transaction - it's as simple as that. >>
Ah Stevek.....just when I had you pegged as one of the good guys, you go and side with the BIN posse.
Always buying Bobby Cox inserts. PM me.
<< <i>
<< <i>Never underestimate what the American public will pay for convenience. They'll go into a Wawa or 7-11 and pay $1.50 for a soda when the supermarket right around the corner sells it for $1 or less. I could site numerous other examples.
With some people, they'd rather deal with Levi and pay more for the convenience as well as the trustworthiness which he brings to a transaction - it's as simple as that. >>
Ah Stevek.....just when I had you pegged as one of the good guys, you go and side with the BIN posse. >>
Come on now...I'm not condoning it...just explaining it.
I have no desire to ever pay Levi's prices.
I will never forget his trusting me and made no big deal of it, he only knew me from a few phone calls and talking with him for about 10 minutes. A very classy gesture on his part, or perhaps he's just a great judge of character!
High prices or not, I give 707 a rock solid 5-star rating for customer service. The two cards were Bill Consolo and Norm Zauchin, both PSA 7s that I simply put in my pocket and walked away.
Kiss me twice.....let's party.
----------------------
Working on:
Football
1973 Topps PSA 8+ (99.81%)
1976 Topps PSA 9+ (36.36%)
1977 Topps PSA 9+ (100%)
Baseball
1938 Goudey (56.25%)
1951 Topps Redbacks PSA 8 (100%)
1952 Bowman PSA 7+ (63.10%)
1953 Topps PSA 5+ (91.24%)
1973 Topps PSA 8+ (70.76%)
1985 Fleer PSA 10 (54.85%)
<< <i>Never underestimate what the American public will pay for convenience. They'll go into a Wawa or 7-11 and pay $1.50 for a soda when the supermarket right around the corner sells it for $1 or less. I could site numerous other examples.
With some people, they'd rather deal with Levi and pay more for the convenience as well as the trustworthiness which he brings to a transaction - it's as simple as that. >>
There's a difference between paying an extra buck for a pop or aspirin at a gas station, and paying a premium for a semi-rare sportscard (if that). Would you say the same about buying a car from a dealer when other dealers have the same make and model for half the price? There is a price I will pay for convenience and top customer service...his premium goes beyond that in my eyes. He can run it how he wants, but it seems stupid to me.
I have to wonder - is the premium he gets worth the money lost on his slow turnover time on the cash? If he could sell his cards 5x faster on average (conservative) if he takes a 50% or 70% loss in revenue, is he not better off reinvesting and getting more sales (and building more of a customer base)?
pete
http://www.unisquare.com/store/brick/
Ralph
<< <i>what would you estimate is the total fair market value of levi's inventory?
1 million?
5 million?
10 million?
more?
clearly he doesn't need to sell to make a living.
i would not be surprised if cards is, literally, nothing more than a hobby for him.
sell. not sell. makes no difference. it could sit there forever and he would not care.
bigger question. where EXACTLY does he keep all that inventory?! >>
If it's a hobby, and he doesn't need the money, then why price gouge? He could be loaded for all I know, but then that really makes it more mysterious that he sets his prices so high, doesn't it? I haven't put much thought into it, but any you way you cut it his practices make little sense.
Levi's not a rich man for nothing.
Look at his completed auctions or the feedback left for him and you'll see he sells a lot of product.
VCP hardly captures all of the buy it now listings...they miss many. If they captured Levi's and all the other buy it now listings then VCP average would be higher on most cards.
Levi selling cards for what he does helps everyone else's value
If you look at his buying account you'll see that he's not exactly buying these cards for nothing...he normally pays strong prices
<< <i>
<< <i>Never underestimate what the American public will pay for convenience. They'll go into a Wawa or 7-11 and pay $1.50 for a soda when the supermarket right around the corner sells it for $1 or less. I could site numerous other examples.
With some people, they'd rather deal with Levi and pay more for the convenience as well as the trustworthiness which he brings to a transaction - it's as simple as that. >>
There's a difference between paying an extra buck for a pop or aspirin at a gas station, and paying a premium for a semi-rare sportscard (if that). Would you say the same about buying a car from a dealer when other dealers have the same make and model for half the price? There is a price I will pay for convenience and top customer service...his premium goes beyond that in my eyes. He can run it how he wants, but it seems stupid to me.
I have to wonder - is the premium he gets worth the money lost on his slow turnover time on the cash? If he could sell his cards 5x faster on average (conservative) if he takes a 50% or 70% loss in revenue, is he not better off reinvesting and getting more sales (and building more of a customer base)?
pete >>
Ya gotta understand that convenience is in the mind of the beholder. To say a rich trial lawyer, and I'm sure Levi has a number of customers such as that, as you can see them posting on net54 displaying their high grade Mantles, money isn't much of an object to them. You think some rich trial lawyer is gonna give a chit about shopping around and saving some money on a baseball card? They would much rather deal with a seller such as Levi, and when they or their kids want a particular card, they just contact Levi and he gets it for them, from his inventory or thru his network of contacts. They know Levi's prices are high but they don't care...they just sue somebody else at will with deep pockets and make up the difference...just extort some more money thru the legal system like trial lawyers always do.
<< <i>
<< <i>what would you estimate is the total fair market value of levi's inventory?
1 million?
5 million?
10 million?
more?
clearly he doesn't need to sell to make a living.
i would not be surprised if cards is, literally, nothing more than a hobby for him.
sell. not sell. makes no difference. it could sit there forever and he would not care.
bigger question. where EXACTLY does he keep all that inventory?! >>
If it's a hobby, and he doesn't need the money, then why price gouge? He could be loaded for all I know, but then that really makes it more mysterious that he sets his prices so high, doesn't it? I haven't put much thought into it, but any you way you cut it his practices make little sense. >>
It's probably a business/hobby for him which he enjoys. Some business people never retire because they enjoy their work, and it isn't just about the money at some point, it's about keeping active and social interaction, and/or he might have some children of his who are involved in the business and he would like to pass it on to them...and it certainly doesn't get much better than buying and selling high grade, high value baseball cards to a cream list of customers, some with 6 and 7 and 8 figures in their bank accounts.
The service is the best, and yes I would pay more for a car over another dealer if I knew that the service was better. You never have to worry about any issues especially given the fact that the vintage card industry is rife with goniffs.
Perhaps a thread should be started (its been long overdue) on who is the cheapest (most water tight) person registered on this thread.
My patience paid off. I got a card I'm happy with for 1/3 the price he (still) has his listed for.
He might be a great guy and I would never complain about ANYONE's right to ask whatever they want for their items...I now simply filter him out and life is good!
<< <i>There is no question that Levi is probably one of the if not the most professional vintage card seller in the industry. Notice I said vintage, most vintage cards are not "cheap" and some are tough to find. He usually has them. If you want a card buy it.
The service is the best, and yes I would pay more for a car over another dealer if I knew that the service was better. You never have to worry about any issues especially given the fact that the vintage card industry is rife with goniffs.
Perhaps a thread should be started (its been long overdue) on who is the cheapest (most water tight) person registered on this thread. >>
I would hope that's not a veiled shot at me - I have no problem paying market rate or better (same as most on the boards I imagine). I have a hard time paying 2x or 3x a fairly established market, however. He can do what he wants - just seems silly.
And while I am sure most of us would pay more for a car from a better dealer, I highly doubt that "more" would extend into 50% or 100% over market value.
<< <i>
<< <i>There is no question that Levi is probably one of the if not the most professional vintage card seller in the industry. Notice I said vintage, most vintage cards are not "cheap" and some are tough to find. He usually has them. If you want a card buy it.
The service is the best, and yes I would pay more for a car over another dealer if I knew that the service was better. You never have to worry about any issues especially given the fact that the vintage card industry is rife with goniffs.
Perhaps a thread should be started (its been long overdue) on who is the cheapest (most water tight) person registered on this thread. >>
I would hope that's not a veiled shot at me - I have no problem paying market rate or better (same as most on the boards I imagine). I have a hard time paying 2x or 3x a fairly established market, however. He can do what he wants - just seems silly.
And while I am sure most of us would pay more for a car from a better dealer, I highly doubt that "more" would extend into 50% or 100% over market value. >>
I agree, no way I'd buy his PSA 2 or 3 when I can wait and by a PSA 4 or 5 of the same card. As long as there is no rush it’s best to just wait it out.
He's a strong buyer too. Most sellers offer 50% or less of SMR for graded cards on the buying side. Levi has paid over SMR for cards he needs. How many national dealers even collect? Not very many at all. Most are just card flippers and look at cards as a way to make a buck. Levi collects himself and is always working on sets for his own collection.
If his prices seem high to some here, they should just move on.
It seems like every two months there's a thread on CU about Levi wondering why his prices are high or concerns about his business operation. Get over it. It's a free market and he can ask any price he wants for his goods.
Bowman Baseball -1948-1955
Fleer Baseball-1923, 1959-2007
Al
Buying Vintage, all sports.
Buying Woody Hayes, Les Horvath, Vic Janowicz, and Jesse Owens autographed items
<< <i>In ending all I can say is www.707sportscards.com you are my HERO kick those flee market & lowballers out the door and down the street.
Text
Wow, either you like to overpay or maybe he does deal on price.
No I don't like to overpay, but everyone has a different view of what something is worth. I have always wanted to fly 1st class but why, when I can take the same plane and get to the same location riding coach. I can think of a few reasons to fly 1st class, better seats, food, service, sometimes better people and sometimes you learn something that you can use later in life.
I first met Levi at the November card show that Ray Carson ran in Cincinnati (late 80's early 90's) that I was set up at also.
This show was known for all the quality dealers that would set up at this show (like a mini National) Bill Goodwin, Dick Decoursey, Kit Young, Bill Henderson the king of commons , ect ect ect.
This was a show I was honored to even be allowed to set up at, because it gave me a backstage pass to meet all these intelligent gentleman drink a few beers with them and listen to all the wild stories and see items that I will probably never see again.
and even back then, I would hear from people coming up to my table wow that guy is nuts or super high prices ect ect and not just about Levi,but other dealers at this show and I all I could tell them then and even today was if you don't like the price go elsewhere.
I learned a wealth of knowledge from these dealers at those shows and have bought and sold items with all of them and there was sometimes even haggling and some negotiation. but I would never think about insulting them or trying to tell them how to run their business or telling them there prices were to high if I didn't like their price I would pass.
This show had the cream of quality dealers, and these dealers were honest,trustworthy, and had integrity, and you could do a deal with them whether it was 10 dollars or 10,000 on a handshake or a phone call and sleep easy at night.
I also remember that these gentlemen would take the time to answer questions and teach people. I know from the November show is where I learned what to look for when trying to detect resealed packs or counterfeit cards, trimmed,recolored cards ect ect ect.
I also saw these dealers buy items for outrageous prices and I would scratch my head and think wow they must know something I don't. these dealers were market makers. Some of these dealers have forgotten more about cards then what I will ever know.
I remember calling Bill Goodwin once back in 1992/93 and describing a card over the phone and having him tell me exactly what it was and it's value and what to look for to authenticate it all within a couple minutes. A true gentleman.
Sorry for rambling, but it does annoy me a little when other people think they know what is better for someone else or someone else business.
Don't take a Ford or Chevy to a Ferrari dealer to get repaired. You won't like the price of the repair.
Don't take a Ferrari to a Ford or Chevy dealer to get repaired. Your Ferrari might never run again. but what the heck the price would be cheap.
<< <i>Yawn. >>
WAKE UP!!!
I'm in the camp that says every item he sells brings up the average which is good and we can choose not to buy what we think is too expensive. But I'm also the guy that sold a bunch of PSA 2 1933 Goudey Hall of Famers to finance a trip to Vegas where I lost my shirt betting on the White Sox against the Orioles.
Peace be the journey
<< <i>
Don't take a Ford or Chevy to a Ferrari dealer to get repaired. You won't like the price of the repair.
Don't take a Ferrari to a Ford or Chevy dealer to get repaired. Your Ferrari might never run again. but what the heck the price would be cheap. >>
I don't understand this... If I want to buy a PSAx why should I over pay to buy from 707? How is this like comparing a Ford to Ferrari - it's the same PSA card in the same grade. Some of you guys must really really really like Levi. Personally I have never met him - all I know he has crazy BIN prices that are normally priced 2 grades higher than their current grade. I'm all for being able to sell your cards at whatever price point you sell at, and I'm not questioning his business model but for me I just pass right on by when I see his 707 watermarked images.
I almost think the better analogy would be he tries to sell his Ford's like they are Ferrari's.
<< <i>Methinks the OP was simply fishing and got a few bites. >>
yea, like we all have something better to do.
<< <i>All of Levi's Kia Rios are BMW's.
If you close one eye, squint with the other, and stand on your head they do look like BMW's.