(09-16-2012, 11:22 AM)thelegendjerryrice Wrote: With the way things are today. WHY would someone sell at 25% when TOUGH items from the 90's sell for decent prices for top players now a days for more on the bay...
I'm going to go with koolkelley on this. 50% for the HARD 2 FIND Young cards
Someone would sell because on ebay sometimes they only get about 20% before the fees.
Deals are had on ebay Sept 14, 2012 $11 for a $50 - $62.50 BV card. SN#/25 1997 Playoff Contenders Red. Why would you pay your guy $30 for it if it's on ebay for $11 and your giving him even more business. Seems to me like you would be getting the business. That's all I am trying to prevent.
http://www.ebay.com/itm/Steve-Young-1997...27cadc9ccd
In the end it comes down to pay whatever you can afford, but you should be looking for a deal that is consistent of what the market would pay for the amount of money you are spending. I don't see why you have to pay a premium just because.....you actually collect the cards.
If the guy no longer wants anything to do with his collection you are doing him a great service by offering to take such a large chunk of cards from him. The amount of time he is saving is his true savings.
This my last attempt to determine fair market value on this collection with the information available. Real #'s, real %'s, real opinionated facts .
Here is the true real world "Arithmetic" as Bill Clinton would say.
If he took his collection to real card buyer they would offer 55%-60% of what it sells for on ebay and they would say ebay normally gets 15%-20% therefore his $7,800 x .18 x .60 would net him $842.40.
If he wants to list every card individually on ebay he would get roughly 18% on average. After deducting the 12% for ebay and paypal fees he gets $1,235.52 for his 800 cards.
So now what did it cost him to sell on ebay. Assuming he lists 15 cards per hour (scan, list, description, get book value etc.) It would take him 53 hours to do that. Assuming he pays himself minimum wage $8 an hour that is $424 for listing. He is now at $811.52 but he needs to now ship the cards and package them..............even if thats only 30 hours which is grossly underestimated he now has $571.52. If he has a job making $25 an hour which is common in the bay area. He lost money selling his cards.
Or he can get lazy and do just one large listing notating its a collection of 800 cards and listing the top booking 100 cards and get 10% which would be $780 minus the ebay fees. He is now at $686.40 for his collection. He would probably have to itemize all 800 in the listing to get that 10% though.
Or he can sell you for $1000 cash in pocket you save him time, and he saves you time. He is getting a little more money.
Paying him $3,900 cash is not reasonable.
Unless 1 in every 4 cards is an auto, or SN# /50 or less, or jersey card. But with an average of $10 per card not very likely.
If he doesn't go for it like the others said just pull out the rare ones I would classify those as cards with a print run of 150 or less do a separate deal on them.
If a Steve Young card doesn't book for over $40 you shouldn't be paying anywhere close to 50% book on it for the amount of cards you are looking to acquire.