Friday, March 5, 2010

Flipping a Huge Pull

The Mark Sanchez SP Authentic Logo that was sold recently is back on eBay, and I am not sure why someone decided this was a good idea. Why buy the card for $2600+ if you are just going to turn it around and sell the next day? In fact, the same thing has happened a number of times for a lot of the big pulls like this, and many of them did not sell for low prices.

Really, its not like these cards are 200 dollar cards that you can turn around and sell for 500 bucks. These are cards with ENORMOUS price tags on them that really have ZERO upside for gaining value.

I guess some people just like the thrill of being hobby day traders with tons of money. You would think that if they have just spent the price of a small car, it would be for something they very much want to keep. Not in this case, though.


  1. If you are going to "invest" in a card like that you have to either pull it from a pack or get it on the cheap. Doing it this way, I'd say at BEST this dude breaks even. Over the long run it's worse, as I'd imagine the number of folks when can drop that kind of coin are few and far between anyway, and for Sanchez to have the type hype he has now as a RC he'd have to win Super Bowls on back-to-back weekends while saving people from burning buildings in between. Not going to happen.

  2. This is absolutely reckless. This guy must have worked for AIG to make that stupid of an investment hoping to make a quick buck.

  3. Just playing devil's advocate; but maybe he isn't trying to flip it--maybe he's just showing off that he has it in his possession now, and maybe he'll get a decent offer out of it.