1959 Spahn PSA 7 -- SMR = $60, someone selling for $200+

EchoCanyon · February 10, 2010 4:27AM

I don't understand.

Spahn-auction

bobbyw8469 · February 10, 2010 4:32AM

I understand.....

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The seller name should have gave it away......he has been talked about so much on this board, his ears should be burning!!!! I don't know where he is finding the buyers to pay these outrageous prices!! I can't even sell my cards for less than VCP average......

Boopotts · February 10, 2010 4:45AM

OK- Let's clear this up once and for all.

Let's say the seller has $30 wrapped up into this card. He would need to sell approximately six of them at $60 a piece to make as much profit as he would make selling one of them for $200. If he thinks he can sell one at $200 in the time it would take to sell six at $60 then there's nothing remarkably irrational about this pricing.

Now, whether you agree that he can, in fact, do this is another matter entirely. But if the SELLER thinks he can then he has a firm rationale for this pricing structure. Since Levi probably knows more about selling vintage cards than you do (or than I do, for that matter), we can just for once and for all let this matter die on the vine.

markj111 · February 10, 2010 4:49AM

SMR has absolutely nothing to do with the price of a card. The #s are pulled out of air. Supply and demand are what count. See VCP for a snap shot of the current market.

Example: 1960-Jim Rivera-#116 PSA 8

SMR $22

VCP

11/17/09 $274.99
6/7/09 $192.10
3/3/09 $208.46
2/14/09 $310.05
12/28/08 $228.05
9/18/08 $304.99
11/21/07 $243.50
4/22/07 $113.50
2/6/07 $80.99
1/21/07 $202.50

bobbyw8469 · February 10, 2010 4:57AM

Latest Auction Prices for: PSA 7 - Average Price: $68.69

1/18/10 eBay Auction | Image anthjos t***t 3 $87.00
1/3/10 eBay Auction | Image wcsports1 4***a 14 $79.89
11/28/09 eBay Auction | Image senileman t***h 7 $53.50
11/24/09 eBay Auction | Image shaderise w***d 13 $83.00
10/15/09 eBay Auction | Image fscbob 9***1 8 $57.00
9/1/09 eBay Auction | Image anthjos e***o 14 $103.50
8/10/09 eBay Image champsandbums v***v 7 $73.57
7/30/09 eBay Image sundiegocollectibles t***h 9 $69.01
6/25/09 eBay Image shaderise e***l 6 $46.51
6/11/09 eBay Image anthjos l***o 11 $46.00
3/22/09 eBay Image clammy61 k***k 8 $55.74

...and yes, this is for the version that says "1921"....

vladguerrero · February 10, 2010 4:58AM

did you say SMR??? ...teehee

bobbyw8469 · February 10, 2010 5:02AM

onebamafan · February 10, 2010 5:07AM

(Sigh!) i cant tell you how many times 707 (levi) comes up in my searches...............we have never been able to deal, i refuse to overpay and he will not budge. Wow, you will discount 3% if i pay by check, thanks, errrr , no thanks.

RonBurgundy · February 10, 2010 5:11AM

You should see him at a show, he practically ran me over at one table in Chicago trying to get at some raw stuff I was looking at. It didn't work, and later in the show we shared a bottle of bourbon together with one of Tiger's hookers.

augustaman · February 10, 2010 5:19AM

VCP...........SMR................seller's ID..................feedback rating.............

None of this matters. It's his card. He can (attempt to) sell it for anything he wants.
Conversely, a buyer can either buy it or not.

bobbyw8469 · February 10, 2010 5:23AM

I didnt mean to put all that...I was just copying and pasting the Ebay box.....

Zixx · February 10, 2010 5:45AM

It costs him .05 per month to let that sit in his store waiting for the right person--or unknowing--to buy it and not care about the cost. Also, there's a BO feature, so he'd take a little less.

Anyone can use store inventory to list things at whatever prices they want. You never know when you'll get that one person that comes along. Is it overpriced? Sure. Should it matter to anyone? Nah. Some auto dealerships place a mark-up on some new and hard to get cars. Drive 30 miles away and get the same car without the mark-up. Some people are unaware of this while others probably just have enough money not to care.

It's his nickel.

Orioles · February 10, 2010 5:48AM

I admire what he is able to accomplish as a business person. He knows that people will buy his cards at his price because of either his reputation or the card sometimes is hard to find. He's got a great selection and is very well trusted. His model works, no matter how high his price are. A quick look at the last month of feedback shows 250 positive transactions for over $25,000 in sales. He's sold cards for $10 and as high as $2500. I don't know what he has in the cards to determine profit, but his pricing model would make me think he doing OK for himself.

I've bought from him before and I'll most likely buy from him again. I just started a low grade 49 leaf baseball set and I know there are short prints that i'll most likely have to buy from him because he's the only one that will have them.

Jim

Nathaniel1960 · February 10, 2010 6:06AM

<< You should see him at a show, he practically ran me over at one table in Chicago trying to get at some raw stuff I was looking at. It didn't work, and later in the show we shared a bottle of bourbon together with one of Tiger's hookers. >>

I enjoy sitting at a table with a mountain of nice raw stuff pawing through it as people lurk behind me just wishing they'd gotten there first. I am sure to yell out the final deal I am getting just to rub it in if any of them keep lurking (I guess hoping I have a coronary at the table so they can step in). Once a jag-off offered the dealer $20 more for the lot I had just bought. Thankfully the dealer told him to shove off.

Smuggo · February 10, 2010 11:21AM

Think of it this way, he's a fisherman. He sits in his boat, casts out his line and waits for a fish to pay $200. It's his card and evidently it works for him.

Boopotts · February 10, 2010 11:28AM

<< Think of it this way, he's a fisherman. He sits in his boat, casts out his line and waits for a fish to pay $200. It's his card and evidently it works for him. >>

"Money always flows from the impatient to the patient".

-Warren Buffett

burke23 · February 10, 2010 11:41AM

<< You should see him at a show, he practically ran me over at one table in Chicago trying to get at some raw stuff I was looking at. It didn't work, and later in the show we shared a bottle of bourbon together with one of Tiger's hookers.[/q

Ron - every time I read one of your posts, I can just hear Will Ferrell speaking what you write and it cracks me up. Bourbon and hookers? Come on - vintage Burgundy!

BigRedMachine · February 10, 2010 12:15PM

<< 

<< Think of it this way, he's a fisherman. He sits in his boat, casts out his line and waits for a fish to pay $200. It's his card and evidently it works for him. >>

"Money always flows from the impatient to the patient".

-Warren Buffett >>

Can't you feel 'em closin' in, honey
Can't you feel 'em schoolin' around
You got fins to the left, fins to the right
And you're the only girl in town

Jimmy Buffet

detroitfan2 · February 10, 2010 1:10PM

<< 

<< Think of it this way, he's a fisherman. He sits in his boat, casts out his line and waits for a fish to pay $200. It's his card and evidently it works for him. >>

"Money always flows from the impatient to the patient".

-Warren Buffett >>

"Hitting is timing. Pitching is upsetting timing."

-Warren Spahn

WinPitcher · February 10, 2010 1:30PM

I wish I had a nickel for every time someone said that Levi prices his items high.

I'd be like him.

Steve

bobbyw8469 · February 10, 2010 1:36PM

LOL!!!!!! I guess it works, or maybe he isn't concerned about the turn.......I guess it is like gas....if one station is selling it for $4 a gallon, and right across the street I can get the exact same gas for $2.50 a gallon, I know which station I am going to. I am still going to shake my head and laugh at the idiots too lazy to cross the street for the cheaper gas.....

fandango · February 10, 2010 10:27PM

<< OK- Let's clear this up once and for all.

Let's say the seller has $30 wrapped up into this card. He would need to sell approximately six of them at $60 a piece to make as much profit as he would make selling one of them for $200. If he thinks he can sell one at $200 in the time it would take to sell six at $60 then there's nothing remarkably irrational about this pricing.

Now, whether you agree that he can, in fact, do this is another matter entirely. But if the SELLER thinks he can then he has a firm rationale for this pricing structure. Since Levi probably knows more about selling vintage cards than you do (or than I do, for that matter), we can just for once and for all let this matter die on the vine. >>

i have a different take......

its called cornerning the market and setting your own price....

he buys as many low grade 52 mantles, T206 Johnsons as he can....then sets the price WAY higher than it should be, in hopes of "setting" a new market price...

EchoCanyon · February 11, 2010 6:37AM

so he's cornering the market on Spahn?

JHS5120 · February 11, 2010 6:48AM

<< 

<< OK- Let's clear this up once and for all.

Let's say the seller has $30 wrapped up into this card. He would need to sell approximately six of them at $60 a piece to make as much profit as he would make selling one of them for $200. If he thinks he can sell one at $200 in the time it would take to sell six at $60 then there's nothing remarkably irrational about this pricing.

Now, whether you agree that he can, in fact, do this is another matter entirely. But if the SELLER thinks he can then he has a firm rationale for this pricing structure. Since Levi probably knows more about selling vintage cards than you do (or than I do, for that matter), we can just for once and for all let this matter die on the vine. >>

i have a different take......

its called cornerning the market and setting your own price....

he buys as many low grade 52 mantles, T206 Johnsons as he can....then sets the price WAY higher than it should be, in hopes of "setting" a new market price... >>

That's smart business. If there is a card that is pop 4 with none higher and I own all 4 I will be selling them at pop 1 prices. He is trying to buy as many cards as possible and he is setting new prices for hundreds of them, which in turn brings up the VCP value which will in turn be the new norm.

Smuggo · February 11, 2010 7:32AM

One man in a white top hat can do that?

1959 Spahn PSA 7 -- SMR = $60, someone selling for $200+

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