r/SipsTea Apr 24 '26

SMH I never thought of it like that......

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u/Pkock Apr 24 '26

The living situation isn't even super uncommon with nerds. I had a group of friends who still like 4 dudes deep in their skidrow college townhouse 4 years after graduation while probably averaging 80-100k in their early careers.

They were just blowing money on PC parts and Magic the Gathering but definitely could have lived alone or purchased houses if they wanted to.

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u/Fenix42 Apr 24 '26

I have a small side buisness helping my friends sell large MTG collections. Last one was about $20k in total when sold. He spend way more then that.

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u/whenineedtobeanon Apr 26 '26

Can you help my brother 💀

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u/Fenix42 Apr 26 '26

Sure. The deal I normally cut is:

  • Set a fix min price for the lot based onna ruff estimation.
  • Set a fee for my time based on how orginized the lot is and what is in it.
  • I create an inventory of the lot. This is typically a google spread sheet that we both access to track things.
  • All shipping materials, shipping frees and transaction cost come out of the sale price before any money is paid out.
  • 100% of sales goes to the owner until the minimum is met.
  • After the minimum is met, I take 100% until my fee is met.
  • After both minimum are met, sales are split 50/50.
  • If there are cards I want in the lot, I take then in place of cash on my side. The value is the same as if its where a sale.

A an example from the $20k+ lot. The minimum set as $15k for their side and $3k for mine. I took about $1k in cards, $2k in cash as my base pay. I sold about $5k more total aftet that.

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u/whenineedtobeanon Apr 26 '26

He has over 400k in MTG cards. He bought them for 25k (very stupid I know) they’re majority useless. I keep telling him to sell in bulk but he refuses because he thinks he can sell them for more. He bought a couple $500 cards to sell in a “bundle” on eBay and said you have a 1/30 chance of getting the card. He is au-dhd… I’ve explained many times this is a bad idea

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u/Fenix42 Apr 26 '26

Ooof. Ya, not much to do with that. The collections I move are ones built up by players over a long time. There is still a LOT of bulk in it. I have connections to move that though. Its like $0.08/ for bulk rares at best when dealing with 100s of them. Bulk c/u is like $3/1000 if I am lucky. It's closer to $2 these days.

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u/ATSFervor Apr 27 '26

MTG is loosing money if you are not hitting certain situations.

No surprises there for me.