New meaning to Buy it Now!

Either that or they are going to take a hit to the bank account in order to get cash out those cards.

Jay

I'm sure they are aware of the meltdown. How many of them can actually afford to sit on their cards may be another story as debt piles up and bills need to get paid. Then they will have to think hard about unloading those cards at a loss that they were hoping to make a quick buck on

Jay

Were they ever really for sale to start with or were most of these guys just fishing. Obviously you have your larger national dealers who can be as out of touch as the next guy but some of the others I'm not sure. I have always thought they just liked showing off their cards and if they hit one evrey so often so what. I simply regard the ebay Pre-30 Buy It Now section as a Virtual Museum. When I search, I click the "Auctions Only" tab, now if I could just get rid of the reprints the same way.

I guess I need to pay more attention. Either I have not noticed the liquidation or the prices aren't what I would call liquidation yet. Perhaps you could direct my attention to some of the flippers with insane pricing that have adjusted them downward at any significance. One of the drawbacks of searching "Auctions Only" is that I could be missing the big movement!

When is a sale, not a sale? The first, second or third time through when the (ahem, cough, cough) original price was in the stratosphere. To your point, if their inventory sets, then essentially they are collectors and to them I say welcome as well. Glad to have you, nothing lasts forever.

Is it an asset until its "Liquidated?" I guess you could call it a portfolio. What's the value of said portfolio of a "flipper," the asking prices? In my world, that's not a portfolio, just some cardboard that you may have too much money in and are having a hard time getting out of what you anticipated. Alas, much easier being a collector where all you have to worry about is how much your kids can get out of them if anything.

And I don't really care who I lose to, I hate losing but at the end of the day I should have bid more.

1. If I see something I like I bid. I don't really have holes. I collect HOFers and a few sets. If it's a HOF and I don't have that particular card I may bid. If it is a set I am working on (E93/98, R309, R303B, 1923-24 Exhibit) and it is a card I need or one I need to upgrade, I bid.

2. No, I really don't do that. I may buy a lot to get a particular card and then sell the rest or I may sell a card after I have upgraded, but I do not buy to flip. This is a hobby for me.

with your premise that many of these BIN offerings are from people who are in it for an investment or as a business and do not have a collector's mentality. My main point was that I had not seen any price reductions yet that would convince me that a "liquidation" is afoot. Simply putting liquidation in a thread title on the BST or in an ebay listing does not make it a liquidation when your prices are not adjusted accordingly.