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How not to flip a card!

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mrmopar

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I admit, I take great satisfaction in seeing this. The person who won this card on 8/15/24 sure looks the fool here. I don't know the circumstances, but it is a cautionary tale to stay in your lane or with what you know or risk this happening. Either that or foul play is happening here. The picture never changed as far as it appears, so the reseller just recycled the original photos.
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The first seller is a large consignment seller as far as I can tell. It is clear to me that the winner of the first auction with 805 feedback is the 2nd seller or that is an amazing coincidence and the 2nd seller is selling for someone with their exact same feedback score.

They lost $223.55 just on the price sold vs what was paid a short 2 weeks earlier. Add in taxes paid on top of the purchase price (presumably), their listing and sales fees to ebay and paypal on the flip and you have quite the formula for success.

I am a Garvey collector, that is well established. I never liked to lose nice cards in the past, but it almost always stung more when the buyer was a mystery, instead of one of the small group of Garvey buyers who competed with each other for each of the better cards and we all expected to win each time. Higher end cards were always a bit of an anomaly. Often deep pocketed set builders or collectors of higher end patches, buttons, name plates, knobs, etc would win these ultra high end cards. I don't know anything more about the seller of listing #2, but clearly not a collector or fan of Garvey with that quick relisting. They either thought they could flip it for a quick profit or had some money issues and had to sell quick. I can think of no other good reason to take such a beating after maybe holding the card in hand for a few days at most!

Either way, I hope it landed into the hands of a collector who will appreciate the card and wish the seller better luck next time.
 

michaelstepper

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I would bet it isn't the same seller but the original owner. Possibly a shell account from the seller. Happens all the time in auctions I watch, and getting more rampant
No real money lost as it didn't actually sell in the first place.
 

mrmopar

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I would bet it isn't the same seller but the original owner. Possibly a shell account from the seller. Happens all the time in auctions I watch, and getting more rampant
No real money lost as it didn't actually sell in the first place.
It's possible, except MC Cards would not have sold it for free. They took a cut of the $450 sales price or whatever their selling fee is. Ebay also gets their cut of the winning bid as well. Assuming MC consigned this for the owner, who then bid on their own item and won, they still had to pay commissions to both parties, UNLESS the sale was cancelled. Then nobody is charged anything!

That scenario would imply MC is dirty, and/or a party to all of this. I am NOT saying that is the case or what I believe happened here though, as I have no evidence and was assuming the best intentions that MC sold the card to a buyer, who tried to flip it and was clubbed with a brutal loss. However it would be disappointing, but not completely surprising given the lack of transparency now with ebay sales, if there was some level of funny business involving this card.

By the way, I have been monitoring the sales of these Garvey Dynasty cards since they came out and this was the first time this card (#SG3 8/10) was sold on ebay since issue. There were 3 versions (SG1, SG2 & SG3), each numbered to 10, so 30 total copies and those 3 versions also numbered to 5. There may have even been some 1/1s, but I have not seen any. To have it show back up in 2 weeks would have caught my eye no matter what.
 

swish54_99

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It's possible, except MC Cards would not have sold it for free. They took a cut of the $450 sales price or whatever their selling fee is. Ebay also gets their cut of the winning bid as well. Assuming MC consigned this for the owner, who then bid on their own item and won, they still had to pay commissions to both parties, UNLESS the sale was cancelled. Then nobody is charged anything!

That scenario would imply MC is dirty, and/or a party to all of this. I am NOT saying that is the case or what I believe happened here though, as I have no evidence and was assuming the best intentions that MC sold the card to a buyer, who tried to flip it and was clubbed with a brutal loss. However it would be disappointing, but not completely surprising given the lack of transparency now with ebay sales, if there was some level of funny business involving this card.

By the way, I have been monitoring the sales of these Garvey Dynasty cards since they came out and this was the first time this card (#SG3 8/10) was sold on ebay since issue. There were 3 versions (SG1, SG2 & SG3), each numbered to 10, so 30 total copies and those 3 versions also numbered to 5. There may have even been some 1/1s, but I have not seen any. To have it show back up in 2 weeks would have caught my eye no matter what.
If you were following these dynasty cards, was the original $450 a good deal? What do you think it should go for?

Another scenario is the buyer got the card in hand, noticed a flaw that couldn't be seen in pictures, and tried selling it to recoup costs and still got burned.
 

mrmopar

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$450 was WAY out of market for these. Aside from the BO sales, where I am no longer able to figure out how to see the real price, the highest previous price for a /10 went for $304. Most went from mid $100s to low $200s.

The highest recorded /5 sale I saw was $352! Most were mid $200s-low $300s.

It is understandable that after the initial marked dries up, and singles rarely appear, that a spike could occur. This sale seemed way off though. Garvey was once a popular player with fans, but after failing to make the HOF and a few personal scandals, he never seemed to have much of a collecting base. There are a handful of diehard Garvey collectors, but most of his stuff doesn't set any sales records by any means.
 

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