Thinking of selling of card collection to fund my white whale.

[sox83cubs84]

Re: Thinking of selling of card collection to fund my white whale.

The problem with moving a card collection quickly is that you have to sell them for pennies on the dollar if you want to move them fast... If one has decent credit, they might consider taking a low-interest loan to pay for the white whale, then sell the cards in a way where they won't be just giving them away...

An example of this happened to me recently... I acquired a large collection of locomotive/train route DVDs (yes, that's a thing), and would up selling a group of 20 for around $100... It was nice to unload 20 of them in one auction, but the ones I'm listing individually are selling for $12 to $18 each. From this point forward I'm sticking to listing them as singles, and when they sell they sell.

Very true...most dealers and shops aren't paying squat for cards these days. I was in a Chicago area card shop a while back, and the owner told me that he was paying 15% of Beckett prices for cards, and (supposedly), they "were flying in the door".

Dave Miedema

[mook03005]

Re: Thinking of selling of card collection to fund my white whale.

What sports cards are you selling if you don't mind me asking....lately ive been missing my old card collection , because like a lot of guys I sold it to fund my jersey collection. Anyhow I kind of went backwards and sold off some items to put together a 1960 Topps set...love it!

[sorklora]

Re: Thinking of selling of card collection to fund my white whale.

I guess it would depend on how much you want the jersey and how much do you value your cards...if they are vintage cards, anything pre-1970s and graded a decent grade, they are going nowhere but up in price as most stuff has doubled lately. If those are the cards you have, I would make sure and try and get max value and not just do a fire sale as the vintage graded are so few in nice condition. I've pretty much stopped collecting cards, but my vintage graded will stay with me until I really need the money.

[LarryWalkerFan]

Re: Thinking of selling of card collection to fund my white whale.

Thanks for the replies, i'm not going to sell my entire collection, I will keep my top 10 cards or something to that extent.

If you're looking at a specific item (time limited to acquire), as opposed to a general item (multiple choices on the market), you might want to flip your position on that. Selling the bottom 98% of your collection will take a lot of time and likely result in you getting about 5-8 percent of their market value due to the fire sale aspect. If you sell cards from the top-10, you might have to sell only one or two of them to get the item you want, as you'll be able to get top dollar on popular items.

[whodey14]

Re: Thinking of selling of card collection to fund my white whale.

As a card collector first, game used and memorabilia guy second I have to tell you to hold off. No idea what you have in your card collection but I know for myself if I ever sold regardless of paying a premium I could never obtain my collection again. An item that you want on the game used side I would assume is obtainable again if you saved to have both. Certainly some outliers but usually there are more to be had. Just my .02.

Would like to hear what you had, don't see many card collectors here. At least I haven't in my brief moments on here.