Comments on: Insider: (Part 3) Collection Flipping – A Case Study https://www.quietspeculation.com/2012/05/insider-part-3-collection-flipping-a-case-study/ Play More, Win More, Pay Less Tue, 18 Jan 2022 02:56:35 +0000 hourly 1 By: @Chosler88 https://www.quietspeculation.com/2012/05/insider-part-3-collection-flipping-a-case-study/#comment-31654 Wed, 16 May 2012 18:07:01 +0000 http://www.quietspeculation.com/?p=27625#comment-31654 Sorry I didn't get to these comments earlier! I'm going to talk about them this week and break it down a little more.

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By: @Chosler88 https://www.quietspeculation.com/2012/05/insider-part-3-collection-flipping-a-case-study/#comment-31653 Wed, 16 May 2012 18:06:12 +0000 http://www.quietspeculation.com/?p=27625#comment-31653 In reply to Alex Gislason.

I'm sorry you feel that way. The same could be said, I think, for just about every article written on any website, financial or otherwise. And just because they are some basic economic principles doesn't mean it doesn't help to see them in action in the MTG market. After all, nothing written means much without context. This isn't a textbook, and there's a big difference between spouting off economic principles and seeing them in live action.

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By: Matthew Zielke https://www.quietspeculation.com/2012/05/insider-part-3-collection-flipping-a-case-study/#comment-31644 Tue, 15 May 2012 18:03:09 +0000 http://www.quietspeculation.com/?p=27625#comment-31644 I disagree with forcing all to one outlet. I have 4 sites that I sell to for various reasons and easily make more than the shipping in the difference in the buy prices.

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By: pi https://www.quietspeculation.com/2012/05/insider-part-3-collection-flipping-a-case-study/#comment-31623 Mon, 14 May 2012 09:15:56 +0000 http://www.quietspeculation.com/?p=27625#comment-31623 What I missed in these articles was something like a time versus reward analysis. You put in $80, made about $45, how many hours were spent to do this? Also, what would the results have looked like if you did not find a very good deal for the Foil Mage, Foil Mystic and the Wasteland?

With the travelling and extra effort, $45 feels like it might not constitute a very good hourly rate.

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By: pi https://www.quietspeculation.com/2012/05/insider-part-3-collection-flipping-a-case-study/#comment-31622 Mon, 14 May 2012 09:15:42 +0000 http://www.quietspeculation.com/?p=27625#comment-31622 In reply to Alex Gislason.

While you're likely right that some part of the audience just wants the basic facts in bite size chunks ready for implementation in their own speculation activities (or at least, that's what i think you are looking for?), there is a different part of the audience that likes the verbose descriptions (I would be one of them). Whatever your preference though if you note this for more insider articles it might be a bit unfair to Corbin to raise it as a point just for his article. It seems more like something to raise as a general comment to the site on the forums, which will also make sure more people will notice it and it may become more clear how many people have a viewpoint similar to your own.

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By: Alex Gislason https://www.quietspeculation.com/2012/05/insider-part-3-collection-flipping-a-case-study/#comment-31620 Mon, 14 May 2012 03:07:54 +0000 http://www.quietspeculation.com/?p=27625#comment-31620 I find this and many Quiet Speculation articles to be unnecessarily verbose. The relevant lessons could be said in a few paragraphs. The story and anecdotes, for me, are less then entertaining filler. I understand the market is relatively small, and a writer could easily run out of material. Still, for the sake of attracting more sellers/traders I recommend more editing.

The basic ideas you are espousing are economic 101, buy low sell high, see what the market will bare, sell your product where the demand is the highest, etc. I see you bought; foil Snapcaster Mage, foil Stoneforge Mystic, and a NM- Wasteland for $72. Conservatively, these cards sell on ebay for $50, $40, $30. Therefor, you either found someone generous or foolish. Assuming the people paying for insider content know how to trade up, your many examples seem like “good for you” moments, not tips for aspiring traders.

There are some interesting tidbits in here, but it feels like real work to glean relevant information from Quiet Speculating insider articles.

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By: Slack https://www.quietspeculation.com/2012/05/insider-part-3-collection-flipping-a-case-study/#comment-31610 Fri, 11 May 2012 23:44:12 +0000 http://www.quietspeculation.com/?p=27625#comment-31610 Interesting journey, Corbin. I particularly like the part where you shop your set out to the highest bidder. I believe that most stores are willing to throw in a few extra dollars on a large buy to someone who asks. Worst thing you'll hear is 'no', and if you can't get a better offer you might be able to work out a store credit deal for an extra percentage.

As for when to sell: my advice is immediately. I always start with the cheap stuff and sell everything as singles to dealers until I've recuperated all, or the largest part of, my investment. Sometimes that leaves you with one or two prize cards, sometimes a ton more, but you're then poised to re-invest that money into another collection while you slow grind the good stuff. Plus, it makes your efforts immediately apparent and easy to determine. (ie "It took me X dollars and Y hours to earn this pile of cards in my hand")

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