Those that purchased expensive cards in Jan-Feb this year and are down big - Page 17

Stoiclife · 06-04-2021, 04:38 PM

Quote:

Originally Posted by inflames1919

Pure comedy. I feel like im watching the same video over and over with all those vlogs hearing phrases they all use.

"yes sir"
"Lets goooo"
"we out here grindin"
"we took some wins, we took some losses"

It makes me cringe man

Fear not. When they eventually lose all their money buying into whatever hyped prospect/unproven rookie, they'll slink away from the hobby and go to crypto, NFT, or whatever the new "investment" trend of the day is.

jzx1103 · 06-05-2021, 08:49 AM

I got a large PSA order back yesterday full of Kobe Rc. Put them up FS yesterday on Ebay and myslabs. They are getting bought up pretty quickly with current comp buy it nows, a few were sold slightly higher than last comp. So that's probably a sign that maybe we're close to the bottom of the dip and settling.

pejc300 · 06-05-2021, 09:10 AM

My auctions are getting hammered. It’s brutal out there.

sebreg · 06-05-2021, 09:13 AM

Quote:

Originally Posted by pejc300

My auctions are getting hammered. It’s brutal out there.

What kind of cards? def seems like a tough time to be playing the auction game as a seller.

jzx1103 · 06-05-2021, 09:13 AM

Quote:

Originally Posted by pejc300

My auctions are getting hammered. It’s brutal out there.

Don't do auctions unless you don't care what it goes for and just want to get rid of the card. Auctions are better when its a rising market.

k13 · 06-05-2021, 09:48 AM

If it was for not consignment places there would be literally no auctions on Ebay from basketball. Maybe a few in Asia.

daeve · 06-05-2021, 02:57 PM

bought my most expensive Lebron last night - was a pwcc auction. Got it for much cheaper than it was bringing in March

Spacemanspif · 06-05-2021, 03:29 PM

Quote:

Originally Posted by pejc300

My auctions are getting hammered. It’s brutal out there.

There’s way too many things being listed right now, so plenty of auctions are falling through the cracks or people just letting them fall and see where the bottom is

Quote:

Originally Posted by jzx1103

I got a large PSA order back yesterday full of Kobe Rc. Put them up FS yesterday on Ebay and myslabs. They are getting bought up pretty quickly with current comp buy it nows, a few were sold slightly higher than last comp. So that's probably a sign that maybe we're close to the bottom of the dip and settling.

Yeah there’s still interest out there, just depends what it is and if you comp it right. I listed 40ish things this morning, 3 already got BINs hit and received 7 offers. Can still make money in this market, just going to take a lot more work

bigjbasketball · 06-05-2021, 05:41 PM

I stopped by my LCS last night and was chatting with the owner about the market. He has a huge eBay store, with over 47K feedback at a perfect 100% rating, and about 2,000 cards currently listed. He said sales have slowed TREMENDOUSLY in the last month or so and it has not picked up at all. He said he gets maybe a few lowball offers each day and isn’t selling much. He doesn’t do auctions, just BIN with best offer.

I think that’s pretty indicative of the overall market. The only cards that are selling are low pop rare stuff from either big name guys or sought-after sets. All the low to mid-end base is not moving at all, and if they are they are selling super cheap. I am still buying, but my purchases are 99% mid 90’s to mid 2000’s PC stuff. I haven’t bought a modern card in a while. The stuff I’m buying for my PC is still selling as well as it always has. I’m not finding a ton of steals for the things I’m looking for to fill my PC.

Brobocop · 06-05-2021, 11:20 PM

When the hell is wax going to follow singles? I’m following UFC Prizm and singles are going for lower and lower yet wax prices are still $1,200 a box. Are stores just being that stubborn or are people still buying wax at these prices as an investment?

Sent from my iPhone using Tapatalk

ninjacookies · 06-05-2021, 11:28 PM

My Ebay sales have definitely slowed. Was averaging about 3-5 days a day even as recently as last month. I sell all sports.

Now I'm lucky to get a sale every other day. People aren't even making offers.

I don't even dare bother with no reserves. Straight BIN/BO with no chaser.

Steve88 · 06-05-2021, 11:34 PM

Quote:

Originally Posted by ninjacookies

My Ebay sales have definitely slowed. Was averaging about 3-5 days a day even as recently as last month. I sell all sports.

Now I'm lucky to get a sale every other day. People aren't even making offers.

I don't even dare bother with no reserves. Straight BIN/BO with no chaser.

Sellers market is over

Sent from my iPhone using Tapatalk

danimal875 · 06-05-2021, 11:37 PM

Quote:

Originally Posted by Brobocop

When the hell is wax going to follow singles? I’m following UFC Prizm and singles are going for lower and lower yet wax prices are still $1,200 a box. Are stores just being that stubborn or are people still buying wax at these prices as an investment?

Sent from my iPhone using Tapatalk

When the FBI finally shuts down group breaking where any kind of randomization happens.

ninjacookies · 06-05-2021, 11:45 PM

Quote:

Originally Posted by Steve88

Sellers market is over

Sent from my iPhone using Tapatalk

Feels batman.

Not to fear. What goes around comes right back around.

All these new age melanin Kevin Maas kards will one day be used to tell cautionary tales to our grandchildren with lessons far more valuable than the paper they're printed on.

discodanman45 · 06-06-2021, 12:03 AM

Everyone needs to hold there Mosaic. One day this stuff will be vintage. Grade every card you can, even the commons at PSA for $300. It is time to go big right now. Pop 1 folks!

Spartyon · 06-06-2021, 12:44 AM

Quote:

Originally Posted by ninjacookies

Feels batman.

Not to fear. What goes around comes right back around.

All these new age melanin Kevin Maas kards will one day be used to tell cautionary tales to our grandchildren with lessons far more valuable than the paper they're printed on.

I’ve got faith in our government to continue with their nonsense. Should keep everything but dollars afloat

Sent from my iPhone using Tapatalk

ninjacookies · 06-06-2021, 12:50 AM

Quote:

Originally Posted by Spartyon

I’ve got faith in our government to continue with their nonsense. Should keep everything but dollars afloat

Sent from my iPhone using Tapatalk

*Houdini has entered the chat.

Cavaliercards · 06-06-2021, 12:59 AM

Quote:

Originally Posted by ninjacookies

*Houdini has entered the chat.

Gotta appreciate NC keeping us on point and rallying the market.

Cards up 500% drop down 250% and are still up big.

ninjacookies · 06-06-2021, 01:05 AM

Quote:

Originally Posted by Cavaliercards

Gotta appreciate NC keeping us on point and rallying the market.

Cards up 500% drop down 250% and are still up big.

NeedChap's Yokich clection is impressive, but I don't think it's enough to keep a roof over our heads.

Cavaliercards · 06-06-2021, 01:14 AM

Quote:

Originally Posted by ninjacookies

NeedChap's Yokich clection is impressive, but I don't think it's enough to keep a roof over our heads.

Roof, heck with the prices still being up so high from pre-pandemic you mean roofs.

k13 · 06-06-2021, 01:22 AM

Quote:

Originally Posted by Cavaliercards

Roof, heck with the prices still being up so high from pre-pandemic you mean roofs.

Something goes from $10 to $500 then down to $30...

Yeah up 300% still but....

k13 · 06-06-2021, 01:24 AM

People were buying thinking cards will go up now everyone thinks the opposite so no one buying just waiting.

Reverse of FOMO.

Cavaliercards · 06-06-2021, 01:31 AM

Quote:

Originally Posted by k13

Something goes from $10 to $500 then down to $30...

Yeah up 300% still but....

Something goes from $100 to $3000 and back down to $1000.

Well I think most people would be smart enough to be happy with that $100 item being a $1000 now.

jw8 · 06-06-2021, 05:30 AM

Quote:

Originally Posted by ninjacookies

My Ebay sales have definitely slowed. Was averaging about 3-5 days a day even as recently as last month. I sell all sports.

Now I'm lucky to get a sale every other day. People aren't even making offers.

I don't even dare bother with no reserves. Straight BIN/BO with no chaser.

Sold a Brady yesterday but that was my first sale in almost 2 weeks! Literally nothing is moving. The offers I do get are ridiculous low balls.

Sent from my SM-G975U using Tapatalk

DajuanWagner · 06-06-2021, 05:45 AM

Quote:

Originally Posted by jw8

Sold a Brady yesterday but that was my first sale in almost 2 weeks! Literally nothing is moving. The offers I do get are ridiculous low balls.

Sent from my SM-G975U using Tapatalk

There is nothing in the world worse than low balls........

06-05-2021, 05:41 PM	#409
bigjbasketball Member Join Date: Oct 2019 Posts: 5,290 BigJBasketball BigJBasketball	I stopped by my LCS last night and was chatting with the owner about the market. He has a huge eBay store, with over 47K feedback at a perfect 100% rating, and about 2,000 cards currently listed. He said sales have slowed TREMENDOUSLY in the last month or so and it has not picked up at all. He said he gets maybe a few lowball offers each day and isn’t selling much. He doesn’t do auctions, just BIN with best offer. I think that’s pretty indicative of the overall market. The only cards that are selling are low pop rare stuff from either big name guys or sought-after sets. All the low to mid-end base is not moving at all, and if they are they are selling super cheap. I am still buying, but my purchases are 99% mid 90’s to mid 2000’s PC stuff. I haven’t bought a modern card in a while. The stuff I’m buying for my PC is still selling as well as it always has. I’m not finding a ton of steals for the things I’m looking for to fill my PC. __________________ Instagram: @BigJBasketball PC: Zo - Manu - Deni - Kobe - John Wallace

06-05-2021, 11:28 PM	#411
ninjacookies Member Join Date: Jan 2011 Location: All the girls see the (boi)/ Look at his flips / Look at his kards / All they say is (oh boi). Posts: 56,523	My Ebay sales have definitely slowed. Was averaging about 3-5 days a day even as recently as last month. I sell all sports. Now I'm lucky to get a sale every other day. People aren't even making offers. I don't even dare bother with no reserves. Straight BIN/BO with no chaser. __________________ #5 world ranked Ledell Eackles superclection as recognized by Tuff Stuff junior managing editor, Barry McCaulkinner. Somethin' like a cross between Teddy Aguhob and Kaboom Mystery Packs. I got that Givenchy denim flow.

06-06-2021, 12:03 AM	#415
discodanman45 Member Join Date: Jun 2020 Location: CA Posts: 9,642 danch27	Everyone needs to hold there Mosaic. One day this stuff will be vintage. Grade every card you can, even the commons at PSA for $300. It is time to go big right now. Pop 1 folks! __________________ Updating my entire collection on Card Ladder. Lots to go... https://www.cardladder.com/showcase/IOBB7AY2qTVVKSgU9Aqj02kfF4I3

06-05-2021, 08:49 AM	#402
jzx1103 Member Join Date: May 2009 Posts: 1,568	I got a large PSA order back yesterday full of Kobe Rc. Put them up FS yesterday on Ebay and myslabs. They are getting bought up pretty quickly with current comp buy it nows, a few were sold slightly higher than last comp. So that's probably a sign that maybe we're close to the bottom of the dip and settling.

06-05-2021, 09:10 AM	#403
pejc300 Member Join Date: Nov 2010 Posts: 10,671	My auctions are getting hammered. It’s brutal out there.

06-05-2021, 09:48 AM	#406
k13 Banned Join Date: Jan 2014 Posts: 12,617	If it was for not consignment places there would be literally no auctions on Ebay from basketball. Maybe a few in Asia.

06-05-2021, 02:57 PM	#407
daeve Member Join Date: Nov 2014 Location: savannah GA Posts: 13,135 accrules	bought my most expensive Lebron last night - was a pwcc auction. Got it for much cheaper than it was bringing in March

06-05-2021, 11:20 PM	#410
Brobocop Member Join Date: May 2011 Location: Cleveland, OH Posts: 13,635 brobocop2	When the hell is wax going to follow singles? I’m following UFC Prizm and singles are going for lower and lower yet wax prices are still $1,200 a box. Are stores just being that stubborn or are people still buying wax at these prices as an investment? Sent from my iPhone using Tapatalk

06-06-2021, 01:24 AM	#422
k13 Banned Join Date: Jan 2014 Posts: 12,617	People were buying thinking cards will go up now everyone thinks the opposite so no one buying just waiting. Reverse of FOMO.