Comments on: The Revenue Review – Makes and Misses https://www.quietspeculation.com/2010/08/the-revenue-review-makes-and-misses/ Play More, Win More, Pay Less Mon, 29 Nov 2010 03:56:44 +0000 hourly 1 By: Jimbo https://www.quietspeculation.com/2010/08/the-revenue-review-makes-and-misses/#comment-3558 Sat, 04 Sep 2010 18:53:27 +0000 http://www.quietspeculation.com/?p=1605#comment-3558 Heres what I think they're getting at….

Trading 54 dollars of cards for 60 dollars of cards seems well and good, you made six bucks in 15 minutes right? Nothing to quit your day job over, but not bad.

On bloated figures it may seem so, but you may instead be trading 27 for 30 for example. PROPORTIONALLY the same, but three bucks is considerably less impressive for your time. It's not like every single trade is completed, it's not like you're "grinding" em out trade after trade with a line waiting behind you, and it's not like you've even turned anything into cold hard cash in the process which also takes time. Of course, you can always keep in mind that your figures are roughly double what they're represented as.

Note: Obviously I'm not saying everything is perfectly doubled that'd be pretty amazing, it's just an example of how the prices can be relative to each other yet misleading.

Another related example: trading commons for commons at 1:2 ratio is great foolproof profit across the board, impossible to lose money, yet after trading 37 commons and an hour of your life for 74 commons in return you'd feel robbed.

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By: undterred https://www.quietspeculation.com/2010/08/the-revenue-review-makes-and-misses/#comment-3557 Sat, 04 Sep 2010 07:03:26 +0000 http://www.quietspeculation.com/?p=1605#comment-3557 It appears that many of your readers don't understand relativity, Corbin. You're prices are accurate for trading as far as I can see. If you were trying to resell these cards, you're profit quotes would definitely be off, but since you'll soon be trading these cards away, likely using the same pricing site, it makes sense. I've greatly enjoyed reading your articles and have become a better trader because of them. Thanks.

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By: Corbin Hosler https://www.quietspeculation.com/2010/08/the-revenue-review-makes-and-misses/#comment-3556 Fri, 03 Sep 2010 11:01:36 +0000 http://www.quietspeculation.com/?p=1605#comment-3556 @Cid: Regardless of what site we use, the prices are going to be more or less relative. If I value my Linvala at 10, it's made up in the fact that I also value his cards at the prices from those sites. If they want to scoff at $10 Linvalas because they can get them cheaper on Ebay I have to do the same things to his cards. That's fine with me.

The point is, it doesn't matter which site we use, since the prices are relative to each other. And most people using smartphones usually check SCG, so using those prices seems fair to me.

I could begin using TCGplayer, but that is functionally the same as using any other site, because their prices are going to be just as relative as SCG or CoolStuffinc. In the end, the price differential from using any major site should be roughly the same percentage.

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By: Cid https://www.quietspeculation.com/2010/08/the-revenue-review-makes-and-misses/#comment-3555 Thu, 02 Sep 2010 16:51:35 +0000 http://www.quietspeculation.com/?p=1605#comment-3555 Ill be honest here. I actually like the site, the articles are entertaining, but what's the point of using the high prices as a 'guide'? I cringe everytime I see the prices you put up. If I was trading with you, I'd scoff @ $10 linvalas. I'd rofl @ 80 goyfs. Nobody is paying that much. Heck, local stores here have them for 60. I only mention this because you are only kidding yourself in terms of value.

I'm fine with you saying that you have to add $2 on ebay for shipping. Except that a store will also charge you $2.

Try putting your trades @ tcgplayer low prices. That will give you a more realistic example of what your real gains are. Some trades might even not look so good anymore.

I'd try that for a change if I were you 🙂

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By: Corbin Hosler https://www.quietspeculation.com/2010/08/the-revenue-review-makes-and-misses/#comment-3554 Mon, 30 Aug 2010 11:14:47 +0000 http://www.quietspeculation.com/?p=1605#comment-3554 @stu55 I just checked the first few Ebay pages for Linvala and the cheapest is around $5 with $2-3 in shipping, making the total price much closer to $8. As I said in the article, I was anticipating a rise in the card's value due to the success of the Naya deck. In addition, my partner was not valuing my cards at Ebay prices, so it seems silly to value only his at that price.
You seem to not understand any of the points I made about pricing. It doesn't matter what source you use for pricing, as long as it is relative across all cards involved. That can be Ebay, SCG prices, the SCG buylist, or the local dealer's prices – all that matters is that you use the same scale for all cards involved.

I'm glad you enjoy my articles for whatever reason, you are one of my most loyal readers!

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By: stu55 https://www.quietspeculation.com/2010/08/the-revenue-review-makes-and-misses/#comment-3553 Mon, 30 Aug 2010 07:36:26 +0000 http://www.quietspeculation.com/?p=1605#comment-3553 I think I rather see an article written by the guy that didn't want to trade with you, seems he knows his prices better than you. $10 Linvala? Really? There is $5 BINs all over eBay

and complaining about making $15 on a trade as well as getting excited for only a $50 trade? Man, these articles do give me a good laugh in the morning, won't lie about that.

Using SCG and CS for prices for you is fine, but the problem lies in that you are neither SCG or CS, so if you wanted to cash out, you would no where get close to the values you are listing for your cards. I think you should reevaluate what you use for your prices.

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By: CATS https://www.quietspeculation.com/2010/08/the-revenue-review-makes-and-misses/#comment-3552 Sun, 29 Aug 2010 01:47:29 +0000 http://www.quietspeculation.com/?p=1605#comment-3552 In reply to Corbin Hosler.

One big card doesn´t take up so much inventory space, and you can always trade them down with profit.

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By: Corbin Hosler https://www.quietspeculation.com/2010/08/the-revenue-review-makes-and-misses/#comment-3551 Sun, 29 Aug 2010 01:08:43 +0000 http://www.quietspeculation.com/?p=1605#comment-3551 Thanks for the feedback!

@Nick – I use a combination of coolstuffinc.com and starcitygames for card prices. When I list prices on this column, I look at both and usually work out an average. If you don't know card prices intimately, I suggest looking at a few sites before you begin trading to somewhat familiarize yourself, especially on big cards. In the end, all that really matters is that you use the same system for all the cards. You can't price his cards at Ebay price and yours at Coolstuffinc's and expect your partner to accept that.

@Aaron I generally look for the higher-priced cards or cards that I know I'm interested in picking up for speculative purchases (Eye of Ugin used to fill this role, right now it's Seer Overseer). I also look for cards I know are highly tradable, such as anything that might fit into RDW. Players are always looking for RDW cards, and I doubt any card I have moves faster than a Ball Lightning.

The answer to your second question is something I plan on expanding upon in a future article. In short, it is very nearly always better to have a few high-dollar cards rather than many lower ones. There are a few exceptions, notably when you are trying to start a binder or when you are engaging in abundance trading as talked about by QS's own Dave Heilker. Other than those (and maybe a few other) situations it is always better to have the one big card.

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By: Aaron M https://www.quietspeculation.com/2010/08/the-revenue-review-makes-and-misses/#comment-3550 Sat, 28 Aug 2010 21:14:16 +0000 http://www.quietspeculation.com/?p=1605#comment-3550 Two questions for you Corbin. When your looking threw a player's cards how do you decide which cards you pull and what you leave behind? Do you have a set list before you arrive that you aim for or do you try and find cards you believe you can trade again the fastest or something simple like just the high dollar cards? That is my first question and my second is would you rather have a few cards that are all high dollar like tarmogoyf, jace or primeval or would you rather have many cheaper cards that would equal out to the same amount?

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By: Nick https://www.quietspeculation.com/2010/08/the-revenue-review-makes-and-misses/#comment-3549 Sat, 28 Aug 2010 20:34:49 +0000 http://www.quietspeculation.com/?p=1605#comment-3549 Just a question: where do you get your prices? They seem relatively proportionate to me just generally higher than what I value cards across the board. Usually, I'm looking at the Mid price on magiccards.info unless my partner has another preference (ebay for instance). Do you have more recommended way of establishing retail price?

Really great article though. I also really try to stay true to a certain, I guess, code of ethics when I trade and would have done exactly what you did when you found out about the monolith price.

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