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BASKETBALL Post your Basketball Cards Hobby Talk |
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#1 |
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Join Date: Jul 2007
Location: rockford
Posts: 4,085
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Just watched the most recent one and still can't figure it out. The guy who is selling his collection says he wants 24k for it. Ty says he agrees and put it at 24k-25k. Ty then says he will have 350 hrs into selling these cards so he needs to be at 50%. At the end they do the deal for $13,500. My issue is with the 350 hrs iswhere do you come up with this number and what does it have to do with buying?
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#2 |
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Join Date: Oct 2024
Posts: 397
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No idea where he comes up with the number but, as the old saying goes... time is money.
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#3 |
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Join Date: Dec 2011
Posts: 7
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Ty has sold over 61k cards on ebay. He has a good grip on how much time it takes to list cards. The 350 hours comes from the large amount of cards being purchased. Most sellers do not want to take the time to list. Time is money, and if you value your time, you should always factor that into huge purchases like this. Most off the sellers know the hassle and amount of time it takes to resell. That is why they call CC. Plus, in this market... most sellers are having a hard time selling, and the number of buyers is dwindling since the pandemic boom. That is where most of the sellers derived from. They bought too much in the boom, and have regrets.
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#4 |
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50% is wild though
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#5 | |
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Join Date: Jul 2007
Location: rockford
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#6 |
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Join Date: Oct 2024
Posts: 397
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If you ever go into real business, you'll be in for a rude shock.
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#7 | |
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2 thumbs down
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Wanted, 03/04 Exquisite Base Gold Tim Duncan and 05/06 Exquisite Base Gold /25 Michael Jordan |
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#8 |
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Join Date: May 2020
Posts: 53
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You do understand how basic business works, right? He is looking to flip a large collection/volume. Its not like he's flipping a single card here. Sure, it seems like "wow, he's going to make $9,500! He took advantage of that seller!" But if his 350 hours is accurate and he profits $9,500 ....he stands to make about $30 an hour . Anyone who is involved in flipping collections factors in the hours it will take to move / sell the collection.
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#9 |
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Join Date: Oct 2024
Posts: 397
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#10 |
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Join Date: Dec 2011
Posts: 7
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#11 |
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Join Date: Dec 2011
Posts: 7
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Nothing wrong with a buyer being transparent and explaining his reasons for the offer. At the end of the day, the seller doesn’t have to accept. Often the seller knows the harsh reality of trying to sell his own cards individually. That is why buying bulk is cheaper.
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#12 | |
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Join Date: Jul 2007
Location: rockford
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#13 | |
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Join Date: Dec 2017
Posts: 1,307
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#14 |
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Ha, do us a favour and log off then.
You've added so much this past decade. ![]()
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Wanted, 03/04 Exquisite Base Gold Tim Duncan and 05/06 Exquisite Base Gold /25 Michael Jordan |
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#15 |
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Join Date: Oct 2024
Posts: 397
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#16 |
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Join Date: Sep 2010
Location: Napa Valley
Posts: 4,398
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For real. This guy stinks.
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I collect Joe Johnson - 2,748 different cards, 516 1/1's. www.ilocust.com/hobby.htm |
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#17 | ||
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Join Date: Mar 2012
Location: Cali baby!
Posts: 21,755
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There are the intangibles that set someone apart from the pack.So the blur isn't your inability to see his greatness, it's merely the inability to measure it. |
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#18 |
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He's is making a TV show as well. I assume all the negotiations and money were agreed to well in advance. I stopped watching after the first handful of episodes. It is all way to prestaged and choregraphed for me. Some may like the antique roadshow, pawn stars type stuff but it just isn't for me. Seeing some collections is cool, but there isn't enough of that, imo.
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#19 | |
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Join Date: Dec 2019
Posts: 1,497
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#20 | |
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Join Date: Jul 2007
Location: rockford
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#21 | |||
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https://www.flickr.com/photos/144733631@N03/albums/ Last edited by Kobefan; 11-01-2024 at 02:26 PM. |
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#22 | |
Banned
Join Date: Jul 2021
Location: Fomenting FOMO on the down low.
Posts: 8,094
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One assumes though that sellers also cherry pick what they sell. It works both ways. The show would bear a repeat watch if they did get into the nitty gritty of how they are valuing which cards and why. At least a few examples with every lot. Last edited by Nomad; 11-01-2024 at 02:16 PM. |
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#23 |
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Uhhh… it’s called running a business. Even if your time is free, that doesn’t mean someone else who sells cards for a living doesn’t want to get paid for their work
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Just moonwalking through hell on my last brain cell |
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#24 |
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Join Date: Jul 2011
Location: Denver
Posts: 1,349
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What's up guys. This is Ty (from CC)...took me awhile to figure out my log-in again. Sorry.
Let me say 3 things. 1. Love the hobby, been in it essentially my entire life...been in/out of this forum for many of those years. The show was formed out of excitement for the hobby and telling the stories within it.... 2. I'm a collector...but have been a reseller for many years. I look at collections through the lens of reselling...and profit. Time is the biggest enemy of profit, especially of larger collection purchases. Anyone who's been around the block understands the importance of valuing their time. It's probably the single biggest reason most 'sellers' want to sell.... it's because they either don't have the time or capacity to do all of the work it requires. 3. These episodes are NOT staged. Never have been...never will be. The only component that is ever "staged" is the initial knock on the door. We have to go get a microphone and a camera inside the sellers house, so every so often I meet the seller a few minutes before I open the door. After that door opens, it's all recorded without ANY of it being staged. Real reactions, real moments, and real negotiations. This is what makes the show so fun to record...and why we've been able to record 60+ episodes. It's not fake. Anyways... appreciate any of you that watch the show. We put a lot of effort into doing it right, and while some of your may disagree with certain things we do (which is fine)... ultimately I'm confident our show has been a positive influence on the hobby. Take care! Ty |
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#25 |
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Join Date: Dec 2011
Posts: 7
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This is Matt from Unblind, one of the producers of the show with Ty.
The show is definitely not staged. But as the guy who films and edits, I can say that there is a lot of moments and conversations that don’t make it into the episodes final edit. The goal is to keep the episodes 20 to 40 minutes long. So sometimes I edit the episodes so they flow smoother. We do vet the collectors that we visit. But we only have to do that so we’re not wasting our money traveling somewhere to buy junk wax. In those conversations with the collectors, often, I am the only one talking to them in order for the surprise to be on Ty. But there are also times that Ty jumps in on those conversations. At the end of the day, we’re doing our best to grind out some great Hobby content for everyone. We understand that everyone doesn’t like our show, and we’re OK with that. We spent thousands of dollars just to produce one episode. From car rentals, flights, gas, food, lodging, and extra hired film crew… it adds up. We are not able to pay for an episode just by YouTube revenue. We have to make money on deals and hunt down sponsorships. If anyone on this thread has a YouTube show, or podcast, we are always welcome to come on and hang out and chat. Heck, we even think it would be fun to bring one of you guys on a road trips with us! I love the interaction, keep chasing. |
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