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Need advice on selling collection


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#1 gregmitch

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Posted 23 April 2011 - 06:01 AM

Folks, I've reached that point reached by so many before me, wanting or needing to sell off most of collection. I just need advice on whether to go the auction route (but the spring auctions closed), sell them myself via eBay, have others sell, or sell nearly all at one time to a good dealer. Just a snaphot of the collection: among the PSA-graded, have maybe 30 good pre-war and 70 good post-war, probably $10,000 in book price. But also hundreds of good HOFers, stars and commons not graded. One dealer is offering 60% of the average price here at VCP (not book price) for each card.

Thoughts from anyone would be much appreciated, thank you. -- GM

#2 evolpe

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Posted 23 April 2011 - 07:29 AM

Try MileHigh, Memory lane or gregbussiness auction house's, and do not pay a sellers preimum. Also ask for 105% of the selling price. If you have the time you could try to breakup your collection on ebay, but it will take a while to sell the lot.
Right now the market for cards is on the downside so you are going to be lucky to get the last VCP price.

Folks, I've reached that point reached by so many before me, wanting or needing to sell off most of collection. I just need advice on whether to go the auction route (but the spring auctions closed), sell them myself via eBay, have others sell, or sell nearly all at one time to a good dealer. Just a snaphot of the collection: among the PSA-graded, have maybe 30 good pre-war and 70 good post-war, probably $10,000 in book price. But also hundreds of good HOFers, stars and commons not graded. One dealer is offering 60% of the average price here at VCP (not book price) for each card.

Thoughts from anyone would be much appreciated, thank you. -- GM



#3 evolpe

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Posted 23 April 2011 - 07:33 AM

Send me a list of what you have. I am looking for high quality mint/gem mint HOF rookie cards.
Edvolpe@optonline.net

Folks, I've reached that point reached by so many before me, wanting or needing to sell off most of collection. I just need advice on whether to go the auction route (but the spring auctions closed), sell them myself via eBay, have others sell, or sell nearly all at one time to a good dealer. Just a snaphot of the collection: among the PSA-graded, have maybe 30 good pre-war and 70 good post-war, probably $10,000 in book price. But also hundreds of good HOFers, stars and commons not graded. One dealer is offering 60% of the average price here at VCP (not book price) for each card.

Thoughts from anyone would be much appreciated, thank you. -- GM



#4 Bobby

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Posted 23 April 2011 - 08:14 AM

It is only 100 cards that should not be very hard to put up on eBay just make sure you have quality scans and clean. And of course you need to have some feedback as well to the bidder will have confidence you will send them the material.
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#5 gregmitch

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Posted 23 April 2011 - 08:58 AM

Thanks but not sure what you mean by "seller's premium." Also, how could I ask for 105% of what the guy gets for the card?? Maybe I am mis-reading that. Finally, if someone takes all the cards and offers 60% of average VCP price, is that fair deal? Thanks.


Try MileHigh, Memory lane or gregbussiness auction house's, and do not pay a sellers preimum. Also ask for 105% of the selling price. If you have the time you could try to breakup your collection on ebay, but it will take a while to sell the lot.
Right now the market for cards is on the downside so you are going to be lucky to get the last VCP price.



#6 Dboneesq

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Posted 23 April 2011 - 03:34 PM

GM - An auction house gets paid from both parties ... the Buyer and the Seller. It is a percentage of the SELLING price. The other poster is telling you NOT to pay a fee and also told you to ask the auction house for 5% of the buyers premium.

What will get you more in your pocket? Most likely eBay, as YOU will be doing all the work. If you have the time then that is the way to go. If not, then either the auction house or selling the entire collection at a discount to someone who is willing to put the time into breaking down the collection and selling it one by one.

Send me a PM with what cards you have if you decide to sell all to one buyer.

#7 gregmitch

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Posted 23 April 2011 - 04:37 PM

Thanks for reply. I think some confusion, as I have not yet contacted an auction but owner of a card business has offered to take all of the PSA cards, paying 60% of the average VCP price, so my question was, does that seem fair? Would others beat that? Not sure how to mail YOU my list but you can contact me at my email: epic1934@aol.com. Thanks again.

GM - An auction house gets paid from both parties ... the Buyer and the Seller. It is a percentage of the SELLING price. The other poster is telling you NOT to pay a fee and also told you to ask the auction house for 5% of the buyers premium.

What will get you more in your pocket? Most likely eBay, as YOU will be doing all the work. If you have the time then that is the way to go. If not, then either the auction house or selling the entire collection at a discount to someone who is willing to put the time into breaking down the collection and selling it one by one.

Send me a PM with what cards you have if you decide to sell all to one buyer.



#8 Tedw9

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Posted 24 April 2011 - 01:51 PM

Think of it this way (these are not rock solid numbers, just an rough guesstimate).....


That dealer buys your graded only for 60%, puts the work into listing them and sells them for 100% VCP. He will pay about 15% +/- for Ebay and Paypal fees which will leave him a 25% profit. If you have $10,000 in VCP price, is it worth your time to list and sell them yourself for $2500 extra? Will you be happy with $6000 if you sold them to the dealer? Or would $8500 and a few hours (even a full 40 hours) be worth your time?

Yes, selling them all at 60% and being done with it is the easy way to do it. I think you would be better off creating a list, scanning each card and selling them privately to fellow collectors. I don't think you would have any problem with selling them at 85% of VCP to fellow collectors on boards like this one. You don't have the hassle of Ebay, you make the same profit, and collectors who want them get what they feel is a good deal.

That's just my opinion...

#9 cadets68

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Posted 24 April 2011 - 06:32 PM

Think of it this way (these are not rock solid numbers, just an rough guesstimate).....


That dealer buys your graded only for 60%, puts the work into listing them and sells them for 100% VCP. He will pay about 15% +/- for Ebay and Paypal fees which will leave him a 25% profit. If you have $10,000 in VCP price, is it worth your time to list and sell them yourself for $2500 extra? Will you be happy with $6000 if you sold them to the dealer? Or would $8500 and a few hours (even a full 40 hours) be worth your time?

Yes, selling them all at 60% and being done with it is the easy way to do it. I think you would be better off creating a list, scanning each card and selling them privately to fellow collectors. I don't think you would have any problem with selling them at 85% of VCP to fellow collectors on boards like this one. You don't have the hassle of Ebay, you make the same profit, and collectors who want them get what they feel is a good deal.

That's just my opinion...



I second that opinion

Shawn
Psa Braves/Brewer Team Sets Complete
1956 Topps Milwaukee Braves 17.39%
1957 Topps Milwaukee Braves 44.00%
1958 Topps Milwaukee Braves 15.38%
1959 Topps Milwaukee Braves 27.50%
1960 Topps Milwaukee Braves 100.00%
1961 Topps Milwaukee Braves 60.00%
1962 Topps Milwaukee Braves 71.43%
1963 Topps Milwaukee Braves 34.21%
1964 Topps Milwaukee Braves 52.94%
1965 Topps Milwaukee Braves 45.16%
1971 Topps Milwaukee Brewers 100.00%
1972 Topps Milwaukee Brewers 100.00%
1973 Topps Milwaukee Brewers 100.00%
1974 Topps Milwaukee Brewers 100.00%
1975 Topps Milwaukee Brewers 100.00% 
1976 Topps Milwaukee Brewers 100.00%
1977 Topps Milwaukee Brewers 100.00%
1978 Topps Milwaukee Brewers 100.00%
1979 Topps Milwaukee Brewers 100.00%
1980 Topps Milwaukee Brewers 100.00%
1981 Topps Milwaukee Brewers 96.88%
1982 Topps Milwaukee Brewers 84.38%
1983 Topps Milwaukee Brewers 89.19%
1984 Topps Milwaukee Brewers 77.78%

1985 Topps Milwaukee Brewers 79.41%


#10 gregmitch

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Posted 24 April 2011 - 08:00 PM

Thanks a lot for advice. But how exactly would one go about selling them to "fellow collectors" here -- and how likely is it really that all 100 or more would be sold (and at okay price)? I guess that's key question.... GM

Think of it this way (these are not rock solid numbers, just an rough guesstimate).....


That dealer buys your graded only for 60%, puts the work into listing them and sells them for 100% VCP. He will pay about 15% +/- for Ebay and Paypal fees which will leave him a 25% profit. If you have $10,000 in VCP price, is it worth your time to list and sell them yourself for $2500 extra? Will you be happy with $6000 if you sold them to the dealer? Or would $8500 and a few hours (even a full 40 hours) be worth your time?

Yes, selling them all at 60% and being done with it is the easy way to do it. I think you would be better off creating a list, scanning each card and selling them privately to fellow collectors. I don't think you would have any problem with selling them at 85% of VCP to fellow collectors on boards like this one. You don't have the hassle of Ebay, you make the same profit, and collectors who want them get what they feel is a good deal.

That's just my opinion...



#11 Bobby

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Posted 24 April 2011 - 11:35 PM

First of all I dont think you have any single card that is high enough of a value to demand part of the auction houses cut from the buyer. Sounds like most of your cards are in the $75-150 range. As well since there are not any big ticket items you will have to pay them to submit your cards in their auction and that is if they deem it worthy for them.

You can offer to sell the cards on this forum or other forums just put up a nice scan and your asking price around what the VCP average is for it and you should get some sales. You are taking more of a risk doing it that way because they don't know you and you don't know them. Whereas eBay at least there is the feedback for you to judge the person. But for the risk you are not paying out the fees.

Your best bet might be to click on the got one to sell here and tell us what you have. Just Collect handles that for us and they are a top notch company. You can have them do all the leg work for you and they get good prices because they have a large following on eBay. And I think they take a smaller percentage of the gross them most other companies that do the same thing.
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#12 mrmint23

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Posted 25 April 2011 - 02:33 PM

I would be interested in looking at a list of the cards for sale.
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#13 Tedw9

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Posted 25 April 2011 - 03:43 PM

Bobby offered some good advice too, if you want someone else to sell them for you.

You can create a thread here, as well as other boards similar to this (PSA, SGC, FCB, and if they are older cards, Net54). They all have sellers areas. And by the sounds of what you have (average $100 value), you should have NO issue finding buyers. As far as a "okay price", set your price and stick to it. Maybe start off 10% or so higher than what you would be happy with to give buyers a little room to haggle, so if they do knock you down that 10%, they feel like they got an even better deal.

The big thing will be scans of the fronts at least, and probably the back too. I know from reading other boards, the guys like seeing scans of what they are buying. Not all 8's are created equal.

I agree with Bobby about buyers not knowing you, but once you get a few sales under your belt, guys will post about the good experience buying from you. Just make sure you package well, ship quickly, insure if valuable, and use delivery confirmation (send the buyer the DC #).




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