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Unavailable120: So You Wanna Sell On eBay - John Davis
Currently unavailable

120: So You Wanna Sell On eBay - John Davis

FromSo You Wanna Sell On eBay


Currently unavailable

120: So You Wanna Sell On eBay - John Davis

FromSo You Wanna Sell On eBay

ratings:
Length:
34 minutes
Released:
Oct 3, 2017
Format:
Podcast episode

Description

John and Denise are the owners of Sarge & Red's Hobbies and Games. John "Sarge" is a Marine Corps veteran and his wife Dee "Red" began their store to with donated items to raise funds for an adoption. They have been buying and selling on eBay ever since. Interesting Notes John started to sell on eBay with a duffle bag full of cards as donations from friends. The cards are still in boxes and are in good condition. This is at the time when John's parents were raising funds for the adoption of his son. His friends helped too. Instead of cash, they donated magic cards. John remembered too well the magic cards. He used to play it back in his junior high school. But, he sold his collection to a guy in the Marine Corps. He checked the prices of the cards to see what they are going for. Much to his dismay, some of the cards that were valuable when he was a kid are no longer valuable now. A $20 card then is only worth 20 cents now. He started to list it on eBay. Since then, John was drawn to eBay. He has met some people. In fact, after this interview, he will meet with a gentleman to buy a collection from him. Most of his buyers are players, and there are sellers too. Some of John's items are collectible items. He sells more than magic cards. He also has hobby games and catalog cards. He has roughly a million and a half cards. He has a file cabinet for his cards. The cabinet looks like a library using Dewey decimal system. ***insert picture of the file cabinet*** He sorts, breaks down, and alphabetize the cards by set. All the cards are in the different sets. The ones he has listed online are in the catalogs behind him (see inserted picture). Down in his basement, he has all the rest of the cards in white cardboard boxes by set, in color and alphabetized. When he got started, he did not know much about cards. But now, in most cards, he can tell if it is worth $2, $5, $10, or $100. He knows if the card is worth something. The price of cards fluctuates daily like that of a stock market. It is an MTG stock. MTG Stock has a stock market trigger price that goes up and down. Considering the MTG stock, John does not list every single card he has. He first monitors the prices of the cards and sets the price accordingly. If the price goes up and one buys 300 pieces for a lower price, John will run out of money. But if he lists only 20 pieces and sells fast, John will check the prices. If the price is going up, he will adjust the price for his next set of listing. The other day, he has cards that went up by $4. He went downstairs and grabbed 30 pieces, listed it and started to make money. There are rare and hard to find cards from the first set. John knows what they worth but, has not come across those for a while. For the card that he typically gets, he checks it first because there are counterfeit cards. Once, John had a jeweler looked at the cards and made some test. The jeweler confirmed that the cards are worth $10,000. There are different tests to tell if the cards are genuine or not. One can check the different sets and patterns. There are cards that cannot be sold on eBay. Those are the ones that he packs and donates to kids. John has been selling on eBay since 2003, part-time. He still has a full-time job and does eBay on his off days. He does all the listing. His wife does the packing. Their nanny helps sort the cards when the kids sleep off. John is looking to get some help in sorting. He has systems in place and he knows exactly where every card is. When he started, he used small white card boxes. He had the cards sorted by color. The system had taken him longer to look for the sold items. But, when he started advertising, he had the cards by set. It makes it easier when he pulls out the orders. He also knows when the cards are out of stocks. He has this little slips that he would pull out and see which needs to go and refill it. That way he can keep his inventory stock. The most valuable card John has ever sold is worth $3,000. If
Released:
Oct 3, 2017
Format:
Podcast episode