Official Tom Brady RC Price Tracker

[6GOAT789]

Why is it that lots are rarely seen? Almost always seems to be a single card

[SleeperCards]

Originally Posted by 6GOAT789

Why is it that lots are rarely seen? Almost always seems to be a single card

Why is it that people like to make more money rather than less money?

[6GOAT789]

Originally Posted by SleeperCards

Why is it that people like to make more money rather than less money?

….?


So you’re saying if someone has a card that sells for say $10,000…..a two card lot would definitely sell for less than $20k?

Makes no sense

Unless you’re saying something else

[tjforce]

Originally Posted by 6GOAT789

….?


So you’re saying if someone has a card that sells for say $10,000…..a two card lot would definitely sell for less than $20k?

Makes no sense

Unless you’re saying something else

It makes perfect sense.

If you are trying to sell a card, the goal is to get it to the person willing to pay the most of that card at the moment. It is unlikely that 2 cards are going to have the same person who is the one that's willing to pay the most for each. More likely that it's two separate people.

[Fenway55]

Originally Posted by 6GOAT789

Wouldn’t whatever is left not be a part of it at all if something wasn’t sold?

Wouldn’t it be just what was sold, whatever your take home is say after auction fees, minus the total price of what you paid? So taxes on just the pure profit?

Like if I bought something for $100 total including taxes and shipping, and I get back $200 total after auction fees, won’t the taxes I owe be on the $100 profit?

If you were a dealer (meaning your official occupation is a sports card/memorabilia dealer) you would have to account for (1) Cost of goods sold, (2) Sales Revenue, and (3) Remaining inventory.

For example: You buy 10 boxes for $100 each (total cost $1,000). You sell 7 boxes for $200 each (total revenue $1,400). So you are up $400 cash, but don't forget you still have 3 boxes left over. If that is your status at the end of the year then, for tax purposes, your taxable income is $700.

BUT....

Suppose (before the year closes out) you decide you want to reduce your tax bill, so you sell those 3 remaining boxes for $50 each (total of $150). Now your taxable income is $550.

[Fenway55]

Random observation: These fake Bowman Refractor RCs are getting out of hand. I think someone somewhere is just rolling sheets and sheets of them off some printer somewhere...

Maybe that's just the card I notice the most because that's the card I research the most, but still... I wonder if the ebay "Authenticity Guarantee" is doing what it is supposed to do when someone manages to actually sell one of these.

[6GOAT789]

Originally Posted by Fenway55

If you were a dealer (meaning your official occupation is a sports card/memorabilia dealer) you would have to account for (1) Cost of goods sold, (2) Sales Revenue, and (3) Remaining inventory.

For example: You buy 10 boxes for $100 each (total cost $1,000). You sell 7 boxes for $200 each (total revenue $1,400). So you are up $400 cash, but don't forget you still have 3 boxes left over. If that is your status at the end of the year then, for tax purposes, your taxable income is $700.

BUT....

Suppose (before the year closes out) you decide you want to reduce your tax bill, so you sell those 3 remaining boxes for $50 each (total of $150). Now your taxable income is $550.

Why would the taxable income be $700?

Why would there be taxes on something that wasn’t sold? For all anyone knows, the 3 other boxes could be kept forever, unless they’re sold

[hatchd]

Originally Posted by 6GOAT789

Why would the taxable income be $700?

Why would there be taxes on something that wasn’t sold? For all anyone knows, the 3 other boxes could be kept forever, unless they’re sold

Why would there not be taxable income of $700? You bought 7 boxes at $100 each and sold those boxes at $200 each. That's $700 of income. How could there be another answer?


Sent from my iPhone using Tapatalk

[6GOAT789]

Originally Posted by hatchd

Why would there not be taxable income of $700? You bought 7 boxes at $100 each and sold those boxes at $200 each. That's $700 of income. How could there be another answer?


Sent from my iPhone using Tapatalk

Ah it makes perfect sense saying it that way


The $400 then not forgetting about the unsold ones was really confusing


As far as saying buying 10 but selling 7, why not just say buying 7 and selling 7?

[hatchd]

Originally Posted by 6GOAT789

Ah it makes perfect sense saying it that way


The $400 then not forgetting about the unsold ones was really confusing


As far as saying buying 10 but selling 7, why not just say buying 7 and selling 7?

Because people that don't know what they're doing think this:

Bought: 10 boxes x $100ea = $1000
Sold: 7 boxes x $200ea = $1400
Profit = $400

Most people don't understand the concept of you can only write off what you sold.


Sent from my iPhone using Tapatalk

[Fenway55]

Originally Posted by 6GOAT789

Why would the taxable income be $700?

Because there is $100 profit per box sold, and you sold 7. You have to include your inventory left over as still having value.

Remember, this is for people who are dealers. (EDIT: hatchd beat me to the punch with the same answer)

Originally Posted by 6GOAT789

As far as saying buying 10 but selling 7, why not just say buying 7 and selling 7?

I was trying to establish through my hypothetical that inventory left over still has to be accounted for.

[Tonic3]

Originally Posted by Fenway55

Random observation: These fake Bowman Refractor RCs are getting out of hand. I think someone somewhere is just rolling sheets and sheets of them off some printer somewhere...

Maybe that's just the card I notice the most because that's the card I research the most, but still... I wonder if the ebay "Authenticity Guarantee" is doing what it is supposed to do when someone manages to actually sell one of these.

I'm tired of seeing these cards up for auction all the time as well. Unfortunately, unsuspecting victims are getting taken for multiple thousands every time. I finally used the "report this item" button for the first time today. Hopefully I did it correctly.

[Fenway55]

Originally Posted by Tonic3

I'm tired of seeing these cards up for auction all the time as well. Unfortunately, unsuspecting victims are getting taken for multiple thousands every time. I finally used the "report this item" button for the first time today. Hopefully I did it correctly.

My hope is that that is not the case. If eBay "authenticators" have any brains, they would reject these cards in a heartbeat.

[6GOAT789]

Originally Posted by Fenway55

My hope is that that is not the case. If eBay "authenticators" have any brains, they would reject these cards in a heartbeat.

True, although not every item is sent for authenticity guarantee

What determines what gets sent and what doesn’t?

[Fenway55]

Originally Posted by 6GOAT789

True, although not every item is sent for authenticity guarantee

What determines what gets sent and what doesn’t?

Excellent question.

When I figure out how eBay makes that determination, I will let you know. Expect an answer from me in about the year 2050.

[titletowncards]

SGC 9 Brady Contenders sold for 33k? Nice looking one too. Man how these have tanked. I would guess his teams play plus the card world in general have something to do with it.

[6GOAT789]

Originally Posted by titletowncards

SGC 9 Brady Contenders sold for 33k? Nice looking one too. Man how these have tanked. I would guess his teams play plus the card world in general have something to do with it.

Cards being huge in 2020 and the Bucs winning it in early 2021 was the perfect recipe for a rookie card explosion.

No way those prices were going to be the bottom, they were insane

Could be a little while before they get back to those levels.

I mean Bowman Chrome PSA 10’s for $25k?

[Tonic3]

I'm glad prices have come down on Brady (and basically everything else). Now I can pick up more rookies.

For instance, picked up a PSA 8 Press Pass and a PSA 8 Victory at a show this past weekend both together for under $400. Not sure if the guy hadn't comped them in a while but that was a great deal. I can't buy enough of Brady, he's by far my favorite football player ever (I went to Michigan for grad school while he was playing, I'm kind of biased).

[daveyc1]

Originally Posted by titletowncards

SGC 9 Brady Contenders sold for 33k? Nice looking one too. Man how these have tanked. I would guess his teams play plus the card world in general have something to do with it.

I agree, that is a nice-looking example. Cards in general have been on the decline for a little while now.

[daveyc1]

I am a member on most of the Brady FB groups. Last week, a member or two mentioned that not all Contenders were actually signed by Brady. Is this common knowledge? If so, I was unaware of it until now.

[Brian48]

I think that's just an assumption, not a fact. This goes for all rookie autos, not just Brady. In Brady's case though, I'm guessing this stems from the RC sig looking so different from the way he signs now and even while he was in the process of signing the cards. You can see a gradual change as the sig gets sloppier and sloppier. After the first few hundred or so, your hand is gonna hurt. Don't really blame these kids coming out of college to begin modifying their sigs as they go along just to simplify the signing process. It's tedious, but you do it for money since you haven't rec'd a team check yet.

The name escapes me, but I think there is at least one RC that got caught using a machine to sign these cards and got caught. Maybe somebody who remembers can comment on that.

[daveyc1]

Originally Posted by Brian48

I think that's just an assumption, not a fact. This goes for all rookie autos, not just Brady. In Brady's case though, I'm guessing this stems from the RC sig looking so different from the way he signs now and even while he was in the process of signing the cards. You can see a gradual change as the sig gets sloppier and sloppier. After the first few hundred or so, your hand is gonna hurt. Don't really blame these kids coming out of college to begin modifying their sigs as they go along just to simplify the signing process. It's tedious, but you do it for money since you haven't rec'd a team check yet.

The name escapes me, but I think there is at least one RC that got caught using a machine to sign these cards and got caught. Maybe somebody who remembers can comment on that.

Dak Prescott used an autopen.

I see what you mean. Personally, unless I get an auto in person, I am not all that interested, because you really dont know. The card companies are not sending out reps to physically watch each item get signed. often, they will use a family member as an "official Representative" that will "authenticate" autographs. Shaq has fake "official" autos out there, Luka as well. It would be impossible to truly know if all/some/none of those 22 year old autos from a 6th round draft pick are authentic.

[6GOAT789]

Originally Posted by daveyc1

Dak Prescott used an autopen.

I see what you mean. Personally, unless I get an auto in person, I am not all that interested, because you really dont know. The card companies are not sending out reps to physically watch each item get signed. often, they will use a family member as an "official Representative" that will "authenticate" autographs. Shaq has fake "official" autos out there, Luka as well. It would be impossible to truly know if all/some/none of those 22 year old autos from a 6th round draft pick are authentic.

Well that’s all sort of scary lol

I wonder what the championship ticket would sell for if one were known to have not been signed by Brady


Doesn’t he have 13 auto issued rookie cards?

Pacific /200, Press Pass and Press Pass GS /100, Contenders, Champ Ticket, Crown Royale, Rookie Preview/Roll Call. Round Numbers/Gold and a few others

Probably over 1,000 autos over who knows exactly what time period

[daveyc1]

Originally Posted by 6GOAT789

Well that’s all sort of scary lol

I wonder what the championship ticket would sell for if one were known to have not been signed by Brady


Doesn’t he have 13 auto issued rookie cards?

Pacific /200, Press Pass and Press Pass GS /100, Contenders, Champ Ticket, Crown Royale, Rookie Preview/Roll Call. Round Numbers/Gold and a few others

Probably over 1,000 autos over who knows exactly what time period

I would think there are many many thousands of Brady Rookie autos out there. remember, in 2000, Brady would have been an filler auto, not a star auto.

Check out the auto on the SGC 9 that just sold for 33k. some may say it looks good, but it is suspect to me.

[Brian48]

Well, it sold for much more than what I was expecting, but then again that was probably me being pessimistic about the market. Still a $700k drop from the previous record $3.1M although that may be irrelevant given this is a high roller class item.