As high-end card prices reach record highs, the temptation to sell may be climbing. But don’t rush into the process without first reading this article. Sig shares the hidden costs and implications when dealing in four jand five-figure cards.
Selling
As Reserved List prices continue to climb, Sig is noticing some aggressive buylisting from Card Kingdom. Perhaps a little…too aggressive? This week he shares his strategy for what he’s looking to sell to the vendor, citing specific examples.
eBay’s completed listings can provide a reasonable look at old, rare card values. Data from other sources may be insufficient. However, one should not trust eBay completed listings blindly. This week, Sig shares some watchouts when using eBay completed listing data in negotiations.
Every 18-24 months, certain cards go through a period of growth. The next cycle is happening now, and we’re seeing pockets of strength in the market. This week, Sig highlights a few cards that may be overheated and could be sold into strength to raise cash.
Sig has a saved eBay search for the words “MTG Below Good”–this search catches Card Kingdom’s listings. Recently, they posted a collection of misprints and signed cards. Sig made an offer, bought the cards, and got to work!
Sig recently tweeted about some old Star Wars: CCG booster packs he had lying around. The response was surprising, motivating Sig to do research into the out-of-print game. It turns out, it just may be worth your time cleaning out your old CCG’s and listing them for sale on eBay.
You may be tempted to walk away from Magic finance during this time of uncertainty. Sig doesn’t think that’s the ideal strategy. This week he shares creative ways he’s engaging in this soft market in order to refresh his collection and maintain liquidity.
Asset prices are dropping everywhere. Cash is king. This week Sig examines a strategy whereby he’s raising cash from Magic sales to fund investments in other depressed asset classes. The result will be lower Magic prices, so you should be aware of the trend.
In the third installment of this series, Sig discusses the advanced trading options available to stock market investors, which are absent from the Magic market. Short selling in particular is a commonly used strategy on Wall Street that Magic players can’t leverage…or can they?
Selling cards on social media has its advantages. But it can also be a bit of a nuisance, which is why Sig often prefers shipping to buylists. This week Sig shares four tips to make buying and selling peer-to-peer a smoother process.
Differentiator – one that shows a contrasting element that distinguishes. What sets your store apart from everyone else? David offers his insights.
Last Friday Sig drove to MagicFest Indianapolis, where he experienced inconsistent results in trying to move some Old School cards. One vendor did come to the rescue, but Sig’s strategy going forward is going to be a little different.
Sig is planning on attending a Magic Fest next month, where he hopes to sell cards to vendors. But one can’t just jump in blindly and expect to maximize value. This week Sig shares three helpful tips to help you prepare for selling to vendors.