Page all of 2 12>
Topic Options
#245189 - 10/26/03 10:32 AM EBAY or AUCTION HOUSE?
Jimmy
Just got here


Registered: 10/26/03
Posts: 2

Offline
Hello folks. Im new to this message board. Im hoping I can get some advise. Ive recently become unemployed. Im having trouble finding a new job & the bills are piling up. Ive decided to sell my entire collection. Im not spamming. Im only looking for advise from the experts. Whats the best way to sell it all? EBAY? AUCTION HOUSE? My collection is 306 psa cards from years 1933 to 1971 all baseball with total smr 64,150$. I dont want to break it up. Plz offer advise with pros & cons of each selling method.

Jimmy from The Big Apple

Top
#245190 - 10/26/03 04:15 PM Re: EBAY or AUCTION HOUSE? [Re: Jimmy]
Basilone
If I just sell the car, I can up my bid...


Registered: 09/03/03
Posts: 166

Offline
Hi Jimmy,

It cannot hurt to test the market with a few cards on ebay first...if you are happy with the results then continue.

Ive found eBay to be a the way to go....plus if you are in need of cash you will not have to wait months to receive payment.

John

Top
#245191 - 10/26/03 09:39 PM Re: EBAY or AUCTION HOUSE? [Re: Basilone]
gemint
Learning the Ropes


Registered: 03/11/03
Posts: 25

Offline
What do you have, high grade or low grade cards? If they are high grade, you'd be better off breaking the lot up. With such a wide range in years, bidders are unlikely to be interested in all the cards. You would maximize your return by selling them individually. If you have any blue chip cards in high grade, they would likely do best in a major auction like Mastro.

My 2 cents.

Good luck.

Top
#245192 - 10/27/03 05:07 AM Re: EBAY or AUCTION HOUSE? [Re: gemint]
deadlyembrace
The Venus Card Trap


Registered: 06/19/02
Posts: 596
Loc: Austin, TX

Offline
Before consigning to a major auction house, evaluate the buyer's and seller's premiums as compared to associated costs for Ebay auctions. On Ebay, there is no buyer's premium, and therefore, no "hidden" or additional costs that prevent bidding activity.

Also, the little extra that may be realized by selling via an auction house may be offset by stiff seller's premiums paid after the sale. Then again, if you have a highly desireable card that may qualify as a "feature auction" and want to attract the attention of buyers with the deepest pockets, an auction house may be the way to go.

All of this depends on the selection and quality of cards you have for sale.

Finally, I'd have to agree that selling cards individually is the way to go to maximize return. And spread out the ending dates of the sales (presuming that you choose the Ebay route). Advertise the selection of cards you will have in future weeks in the descriptions of cards ending in the current week to keep your customers interested and watching for your auctions. I've had very good luck with this approach ... especially of highly graded commons and semi-stars.

There is a time drain and management effort in selling cards individually, but the financial gains can/will justify both.


Top
#245193 - 10/28/03 11:31 AM Re: EBAY or AUCTION HOUSE? [Re: deadlyembrace]
Jimmy
Just got here


Registered: 10/26/03
Posts: 2

Offline
Thanks guys. I appreciate the advise youve given me. Ive gotten many private messages from people telling me the best way to sell a collection of this size is through mastronet.

Ill try to answer the questions that have been asked. I dont need the money immediately. Times are getting tough but I have enough money put away to get by for the next 6 months or so without relying on the card sales. Im not in a position where I need to move everythign immediately. Im trying to figure out how to get the highest return for my collection. Ive never sold on EBAY and Id rather not sell individual cards. Ive been asked what the collection consists of. Ive made a detailed list of the collection so you guys can get an idea of what Im working with. Im not spamming. I was mistaken when I quoted 306 cards with smr 64,150$. The collection is actually 313 cards with smr 56,160$. This is the list.

(1) 1933 goudey 29 jimmy foxx psa 4 smr 265$
(1) 1933 goudey 160 lou gehrig psa 6 smr 2350$
(1) 1933 goudey 181 babe ruth psa 5 smr 2750$
(1) 1933 goudey 220 lefty grove psa 4 smr 175$
(4) 1933 goudey commons all psa 7 smr 600$
(3) 1933 goudey commons all psa 8 smr 1200$
(1) 1934 goudey 12 carl hubbell psa 6 smr 225$
(1) 1939 play ball 92 ted williams psa 4 smr 650$
(1) 1939 play ball 92 ted williams psa 6 smr 1400$
(1) 1940 play ball 88 mel ott psa 6 smr 125$
(1) 1948 bowman 6 yogi berra psa 6 smr 275$
(1) 1949 bowman 226 duke snider psa 5 smr 365$
(33) 1951 bowman commons all psa 8 smr 2145$
(4) 1951 bowman commons all psa 9 smr 1200$
(1) 1951 bowman 1 whitey ford psa 7 smr 1450$
(1) 1951 bowman 7 gil hodges psa 8 smr 285$
(1) 1951 bowman 143 ted kluszewski psa 8 smr 265$
(1) 1951 bowman 305 willie mays psa 6 smr 1600$
(3) 1952 bowman commons all psa 9 smr 555$
(1) 1952 bowman 116 duke snider psa 7 smr 240$
(1) 1952 bowman 218 willie mays psa 7 smr 1200$
(4) 1952 topps commons all psa 8 smr $800
(19) 1952 topps commons all psa 7 smr 1140$
(1) 1952 topps 175 billy martin psa 7 smr 425$
(1) 1952 topps 195 minnie minoso psa 7 smr 175$
(1) 1952 topps 312 jackie robinson psa 6 smr 1150$
(1) 1953 bowman color 59 mickey mantle psa 8 smr 3000$
(1) 1953 bowman color 93 rizzuto & martin psa 7 smr 295$
(3) 1953 topps 220 satchel paige all psa 6 smr 1125$
(42) 1954 bowman commons all psa 8 smr 1890$
(1) 1954 bowman 6 nellie fox psa 7 smr 60$
(1) 1954 bowman 65 mickey mantle psa 7 smr 975$
(1) 1954 bowman 97 gil mcdougald psa 8 smr 95$
(1) 1954 bowman 161 yogi berra psa 7 smr 165$
(1) 1954 bowman 177 whitey ford psa 8 smr 275$
(4) 1954 red heart commons all psa 8 smr 460$
(1) 1954 red heart carl erskine psa 7 smr 80$
(1) 1954 topps 90 willie mays psa 7 smr 525$
(1) 1954 topps 10 jackie robinson psa 8 smr 750$
(1) 1955 topps 198 yogi berra psa 7 smr 225$
(1) 1956 topps 33 roberto clemente psa 8 smr 800$
(3) 1956 topps 135 mickey mantle all psa 7 smr 3450$
(1) 1956 topps 135 mickey mantle psa 8 smr 1950$
(1) 1956 topps 166 dodgers team psa 7 smr 200$
(1) 1958 topps 5 willie mays psa 7 smr 240$
(1) 1958 topps 488 hank aaron all star psa 8 smr 210$
(7) 1959 fleer commons all psa 9 smr 1575$
(1) 1959 fleer 68 ted signs psa 8 smr 900$
(17) 1959 topps commons all psa 9 smr 2125$
(1) 1959 topps 515 harmon killebrew psa 8 smr 275$
(1) 1959 topps 550 roy campanella psa 8 smr 550$
(3) 1960 topps 564 willie mays all star all psa 8 smr 775$
(1) 1961 topps 287 carl yastrzemski psa 8 smr 125$
(1) 1961 topps 406 mickey mantle home run psa 9 smr 600$
(11) 1963 fleer commons all psa 8 smr 440$
(1) 1963 fleer 5 willie mays psa 7 smr 185$
(1) 1963 fleer 42 sandy koufax psa 8 smr 325$
(1) 1964 topps 125 pete rose psa 8 smr 475$
(1) 1964 topps stand-ups orlando cepeda psa 8 smr 100$
(1) 1965 topps 513 yankees team psa 8 smr 100$
(1) 1965 topps 551 mets team psa 9 smr 190$
(1) 1967 topps 150 mickey mantle psa 7 smr 265$
(1) 1967 topps 480 willie mccovey psa 8 smr 125$
(1) 1967 topps 581 tom seaver psa 8 smr 750$
(97) 1968 topps commons all psa 9 smr 3395$
(1) 1968 topps 151 lou brock world series psa 9 smr 110$
(3) 1969 topps 20 ernie banks all psa 9 smr 1200$
(1) 1969 topps 500 mickey mantle white letters psa 5 smr 400$
(1) 1969 topps 533 nolan ryan psa 8 smr 515$
(1) 1969 topps supers 60 bob gibson psa 8 smr 170$
(1) 1971 topps 600 willie mays psa 8 smr 310$

313 cards smr 56,160$

Im leaning towards mastronet after hearing all the advice from all the people who sent me private messages. Im told Ill get much more for the collection because mastronet bidders are big spenders and EBAY is a flea market. All advise appreciated. Thanks for everything guys.

Jimmy from The Big Apple

Top
#245194 - 10/28/03 06:45 PM Re: EBAY or AUCTION HOUSE? [Re: Jimmy]
buttermarc
Collector


Registered: 07/10/03
Posts: 79
Loc: NYC

Offline
Jimmy:

I still think Ebay is the way to go. WIth the diversity of cards, years and examples of items in your collection, your hopes on MastroNet are solely going to be dealers who are looking to buy for a discount, break up and flip. Mastro tries to keep all of their commissions at over $100 per lot (though ideally higher), so they would not break up your collection too much, either.

Just remember what your hit is with MastroNet.

Winning Bid: $50,000
Winning Bid with Buyer's Premium: $57,500
Remittance to Consignor: $42,500.

Effective Commission Rate Paid to Mastro = 26.1%

That's high. And remember that your collection, because of its diversity, will already be selling at a non-marginal discount.

Perhaps you have a collecting friend who will accept a modest commission to break up your cards and sell them on Ebay? Just a thought. Alternatively, I am confident that Chris Porter from Superior Sports might be able to offer you an opportunity to segregate out your collection into smaller lots and then sell like that in their Spring auction.

Be careful in your decision process -- as whatever you decide may cost/incent you in the thousands of dollars.

Marc
_________________________
"It is not the critic who counts..."

Top
#245195 - 10/28/03 06:54 PM Re: EBAY or AUCTION HOUSE? [Re: buttermarc]
jackstraw
Talkative?


Registered: 02/23/03
Posts: 744
Loc: @ a Baseball Card Show

Offline
i would try psacard.com vintage buy and sell board first. just to see if i get any bites?then i would do about 10 auctions a week on ebay so i have a steady stream of income for a few weeks.
_________________________
Ken Griffey Jr

Top
#245196 - 11/07/03 03:56 PM Re: EBAY or AUCTION HOUSE? [Re: buttermarc]
Jessica
Learning the Ropes


Registered: 08/29/03
Posts: 14
Loc: Boston, Massachusetts

Offline
BUTTERMARC YOU REALLY KNOW YOUR STUFF. ONE THING I THINK YOU LEFT OUT THOUGH IS TAXES. OR DO TAXES ONLY BECOME AN ISSUE WHEN IT IS A FULL TIME DEALER SELLING? ALL OF THIS STUFF IS SO CONFUSING.

Top
#245197 - 11/07/03 06:53 PM Re: EBAY or AUCTION HOUSE? [Re: Jessica]
buttermarc
Collector


Registered: 07/10/03
Posts: 79
Loc: NYC

Offline
Quote:

BUTTERMARC YOU REALLY KNOW YOUR STUFF. ONE THING I THINK YOU LEFT OUT THOUGH IS TAXES. OR DO TAXES ONLY BECOME AN ISSUE WHEN IT IS A FULL TIME DEALER SELLING? ALL OF THIS STUFF IS SO CONFUSING.





Jessica:

Depends on what type of taxes you are talking about. Capital gains taxes will theoretically need to be paid to the federal government regardless of which channel you sell through.

For the winning bidder, they will have to pay state sales tax if they reside in the same state as the seller. If the item is shipped out of state (or it is a dealer with a reseller license), then sales tax becomes a non-issue.
_________________________
"It is not the critic who counts..."

Top
#245198 - 11/08/03 07:31 AM Re: EBAY or AUCTION HOUSE? [Re: buttermarc]
deadlyembrace
The Venus Card Trap


Registered: 06/19/02
Posts: 596
Loc: Austin, TX

Offline
Quote:

Capital gains taxes will theoretically need to be paid to the federal government regardless of which channel you sell through.






The operative word being, "theoretically".

Whereas your sale is more likely to be lost in the millions (billions?) of Ebay transactions occurring annually, the risks of avoiding a capital gain tax are higher when selling through a major auction house due to the auction house's own tax payment/reporting obligations.

This is theoretically speaking, of course, as I would never suggest that someone should try to avoid paying taxes.


Top
#245199 - 12/21/03 03:24 PM Re: EBAY or AUCTION HOUSE? [Re: Jimmy]
DRS
Just got here


Registered: 12/21/03
Posts: 1

Offline
Jimmy:

I am at least interested in the 52 Topps #175 (Martin) in PSA 7. Email me at david@dselznick.com if you still have the card for sale.

Top
Page all of 2 12>


Moderator:  EARLSWORLD 
Hop to:
Who's Online
0 registered and 4 anonymous users online.
Newest Members
klmnop450123, abcdef863349, vwxyz{570399, nopqrs004715, tjf092071
1963 Registered Users

Generated in 0.018 seconds in which 0.001 seconds were spent on a total of 14 queries. Zlib compression disabled.