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#3476 |
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Member
Join Date: Sep 2015
Location: East Coast
Posts: 1,125
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I've lost out on profit $ not selling, and I've made $ by not buying.
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#3477 | |
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Member
Join Date: Dec 2018
Posts: 8,676
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Quote:
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IRS Tax Tip 2022-57
A hobby is any activity that a person pursues because they enjoy it and with no intention of making a profit. People operate a business with the intention of making a profit. |
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#3478 | |
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I should have walked by every table, but I have to limit what I'm interested in to keep myself from getting overwhelmed. Hopefully you did well at the show.
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Bowman Chrome Autos For Sale: Raw, BGS, PSA, Base, and Color. Click Ebay link for listings. Current Featured Card[s]: 2019 Bowman Chrome Draft Corbin Carroll Black Wave Refractor Auto 1/1 BGS 9.5 |
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#3479 | |
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Member
Join Date: May 2023
Posts: 32
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#3480 | |
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Member
Join Date: Oct 2022
Location: Orange County
Posts: 1,630
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Well, I'd say those are individual reviews of card shows. The pattern of "prices too high" is not the fault of the collectors showing up at the show and giving their honest takes from around the country. It's actually quite useful information, if only anecdotal. Why does it bother you so much to read people giving their honest opinions of prices at shows? Do you think people show up to not purchase cards? I'm not following who you are annoyed at, exactly. Maybe it isn't the fault of the dealers either, but there's the impasse. What do you think solves the problem? Collectors overpaying for the cards? That's the rub; collectors don't have to walk up and drop their pants at the dealer's table like old times. eBay has leveled the playing field. I also don't like people throwing around comps as I also occasionally sell cards, but I also don't price my cards $2-300 over and harangue buyers to "stop being cheap" (or as the peanut gallery calls them "the poors"). It's also been my experience that many of the shows have been quite unremarkable. From the cards to the prices, just meh. I wish I could come back from a show and discuss the amazing cards I saw, but that's just not the reality at a lot of shows these days. Shows, outside of the mega events, are also pretty poorly advertised. If you don't check the right social feed on the right day you may miss a show altogether. |
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#3481 | |
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Member
Join Date: Dec 2020
Posts: 1,473
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That is correct. Plus, when you own a store there will always be a constant influx of singles and misc from collections so you have to keep adjusting your prices or you will REALLY be over encumbered with inventory. What I really took a licking on in 2021 was wax, but fortunately I was starting small so it wasn’t too bad. |
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#3482 | |
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Member
Join Date: May 2023
Posts: 32
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#3483 |
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Member
Join Date: Feb 2009
Location: Seattle, WA
Posts: 17,497
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I'm not sure how this fits in to the discussion regarding prices, but I just had a seller who turned down my $55 offer on a card he had priced at $69 a month ago lower the price to $49 and then accept my offer of $40.
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#3484 |
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Member
Join Date: Feb 2012
Posts: 21,868
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#3485 |
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Not sure if it was in another thread, or this one, but it's absolutely astounding how many people have only noticed that prices are declining (cratered) in the last month or two. Must have only been watching influencer vids for the last year and a half.
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Sent from my Danger Hiptop T-Mobile Sidekick in 2002 |
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#3486 |
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Member
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stuff i want is either not dropping or is not available to buy
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Pumpers Paradise
#YouCryIBuy Four things that we cannot change each others minds about: Politics, Religion, Third Party Grading, and 2021 Bowman's Best Rookie Cards |
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#3487 | |
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Member
Join Date: Feb 2009
Location: Seattle, WA
Posts: 17,497
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I got a good deal on this specific card, but I've also been getting outbid on plenty of auctions. And as an occasional seller I've had cards sell for both more than I expected and less than I expected in the last couple of weeks. So IMHO, the way prices are behaving is very specific to the situation of the seller and the card being sold. It's hard to make generalizations.... |
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#3488 |
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Member
Join Date: Oct 2022
Location: Orange County
Posts: 1,630
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Prices on the cards I want have not cratered...I wish!!
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#3489 |
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Member
Join Date: Dec 2018
Posts: 8,676
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It’s been a complete fire sale on large swaths of many types of cards. The ones not cratering are being propped up by the usual suspects.
__________________
IRS Tax Tip 2022-57
A hobby is any activity that a person pursues because they enjoy it and with no intention of making a profit. People operate a business with the intention of making a profit. |
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#3490 |
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Member
Join Date: Jun 2019
Posts: 416
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Non-graded stuff seems pretty stable to me. At least what I collect.
Speculators seem much more drawn to high-grade slabs. I know it's petty to wish misfortune on others, but I'd love to see a 1929-crash of high-grade (altered) vintage and PSA10 modern cards. I just think it would be better for the hobby in the long run. |
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#3491 | |
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Member
Join Date: Dec 2018
Posts: 8,676
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Quote:
__________________
IRS Tax Tip 2022-57
A hobby is any activity that a person pursues because they enjoy it and with no intention of making a profit. People operate a business with the intention of making a profit. |
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#3492 |
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Member
Join Date: Mar 2019
Location: Pacific Northwest
Posts: 4,222
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#3493 |
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#3494 |
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Member
Join Date: Mar 2019
Location: Pacific Northwest
Posts: 4,222
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I thought the singles market collapsed but then I realized I just started a Topps Tier One set and everyone hates that release.
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#3495 | |
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Member
Join Date: Sep 2018
Posts: 26,641
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I assume you are talking about me propping up Carroll and Julio RC cards along with the occasional Witt Jr and a few others. Yes… I do need to stop… but it’s so hard to resist!!! Sent from my iPhone using Tapatalk |
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#3496 |
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Member
Join Date: Sep 2018
Posts: 26,641
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#3497 | |
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Member
Join Date: Jun 2013
Location: King George, VA
Posts: 78,326
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National tickets on sale soon.
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#3498 |
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Anyone coming to the big Philly Show this weekend? Should be a great time to buy.
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#3499 |
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#3500 |
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I'll be there with a 10X10 booth. Against the wall if you turn right when you enter the show. I should be the last booth on the wall before the roll-up doors. Come by and say "Hi!"
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If you have to explain why it's a 1/1, then it's NOT a 1/1. Looking for Andre Dawson Serial numbered cards that are his jersey number - either #8 or #10. So looking for cards like 8/8 or 08/99 or 10/250. |
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