Author
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Topic: This "Premium" stuff is out of control
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Bwatson513 Member
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posted October 23, 2012 06:07 AM
  
Had some guy earlier today in trade. No joke this is what he wanted to do for a trade2x Syncopate (Foil) Mutilate Isperia, Supreme Judge Armada Wurm Olivia Voldaren Abrupt Decay Dreadbore 1x Azorius Charm 3x Temple Garden 2x Overgrown Tomb 2 Angel of Serenity 3 Hinterland Harbor For 2 delta and 1 strand. I understand the reasoning behind premiums, But I feel people are asking a premium on nearly any card that sees play in legacy. I watched a guy literally deny a trade because he wouldnt "give enough premium" on standstills or aether vials. Premiums I look at are, NM Duals/Power any card that is extremely hard to get or not traded very often AKA foil branstorms Non english FoW's things like that. Guy comes in my thread and offers me delta/strands for my standard stuff, and when I make a reasonable offer says "thats cool but where is my premium"? Do people turn around on this premium for profit? whats to stop this guy from taking my 80-90$ in premium I offered and reselling on ebay and just buying strands at 45-50$ each. I'm sorry if im not understanding everything correctly, but Too many people are looking at a modern/legacy staple under $100 and expecting to just cash out in standard via premiums. I would never ask for a premium of over 10-15$ in cards for my jitte/aether vials. Another example is this guy wanted to trade for 3 of my foil Hallowed fountains (RTR) I wanted a jace TMS and a couple other things. He says "sorry I dont value those foils near my Jace, Those foils will drop in x months" Thats cool and all, but guess what they are at that price NOW. and if you are trading for value they wont be in your binder long enough to deppreciate. /endrant
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RanciD_RanciD Member
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posted October 23, 2012 06:33 AM

Yeah, it's out of control. I think what's likely happening is people buy the cards at a realistic value, come here and trade "for premium", then sell it all off and start over again pocketing the premium profits in the process. The solution is either buy the cards that fetch a premium if you can afford it, or sell your cards at for what they're worth and buy the expensive cards for their real value. Sucks that you have to essentially run in circles to get what should be a straight up trade but greed is human nature.
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Myy Member
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posted October 23, 2012 06:37 AM
  
that's one reason many people stopped trading, including myself. you're better off selling your cards and buying what you need from someone else. it's more work, but in the end, that flooded strand you want will be sold for your $45.00 NOT your $45.00 + another $10.
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gaeacradle Member
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posted October 23, 2012 06:38 AM
  
If I have your Standard pile, and I am actually looking for Delta and Strands, I would probably take that guy up on his offer. If you offer that pile to me for my Delta/Strand, I will say give me at least another $50-60 and then we'll talk. There are several kinds of premiums: 1) Premiums for T2 to Legacy 2) Premiums for bunch of smaller stuff into one or two big items 3) Premiums for rarity (i.e. duals for P9) Some people will argue that there are premiums for liquidity in the case of duals for P9, so the person giving up the duals shouldn't be giving up as big of a premium. But that's trader-specific. Here's the thing. If you think he can make money selling your cards and then go buy Delta/Strand on Ebay, then why don't YOU do it? In fact, that's what I usually advise people to do in your situation (don't understand/like the concept of trading up, but would still want big ticket items) quote: Originally posted by Myy: that's one reason many people stopped trading, including myself. you're better off selling your cards and buying what you need from someone else. it's more work, but in the end, that flooded strand you want will be sold for your $45.00 NOT your $45.00 + another $10.
Exactly. It's more WORK. So don't complain if you don't want to do any work, but you still want the Strand at $45. quote: Originally posted by WeedIan: If you can buy and sell cards quickly Premiums are something you want.Otherwise meh.
Actually, I would argue that if you can't buy/sell quickly, you NEED the premium to protect yourself from the inevitable price drop of the Standard stuff.
[Edited 2 times, lastly by gaeacradle on October 23, 2012]
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WeedIan Member
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posted October 23, 2012 06:40 AM
  
If you can buy and sell cards quickly Premiums are something you want.Otherwise meh. __________________ Member Since 03/28/2001 12000+ posts 1st in posts in Ontario 2nd in posts in Canada 10th in posts on MOTL 5th in Refs in Ontario Pushing to get to top 100 in MOTL Refs
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AEther Storm Member
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posted October 23, 2012 06:49 AM
  
There are dicks throughout the Trade Forum, some ask for more than you're willing to give. Don't trade with them, but see my h/w list! 
__________________ /Thunder in the wind/No rain/Peace mourns its passing/"Be who you are and say what you feel because those who mind don't matter and those who matter don't mind." -Dr. Seuss
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Bwatson513 Member
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posted October 23, 2012 07:19 AM
  
Originally posted by gaeacradle: If I have your Standard pile, and I am actually looking for Delta and Strands, I would probably take that guy up on his offer. If you offer that pile to me for my Delta/Strand, I will say give me at least another $50-60 and then we'll talk. There are several kinds of premiums: 1) Premiums for T2 to Legacy 2) Premiums for bunch of smaller stuff into one or two big items 3) Premiums for rarity (i.e. duals for P9) Some people will argue that there are premiums for liquidity in the case of duals for P9, so the person giving up the duals shouldn't be giving up as big of a premium. But that's trader-specific. Here's the thing. If you think he can make money selling your cards and then go buy Delta/Strand on Ebay, then why don't YOU do it? In fact, that's what I usually advise people to do in your situation (don't understand/like the concept of trading up, but would still want big ticket items) Exactly. It's more WORK. So don't complain if you don't want to do any work, but you still want the Strand at $45. Actually, I would argue that if you can't buy/sell quickly, you NEED the premium to protect yourself from the inevitable price drop of the Standard stuff. [/QUOTE] Nobody is asking for a Strand at 45$ I am fully capable at trading for a strand at 60$ MAYBE even 70$ but if you think I am going to trade 50-60$ more on top of a standard pile just because you want to secure your investment you are an idiot. Ill pay the premium on a lotus or a P9 or anything over 200$ a card. But to think you are going to buylist (or even less than buylist) my standard stuff fora 50$ card you are completely dillusional quote: If I have your Standard pile, and I am actually looking for Delta and Strands, I would probably take that guy up on his offer. If you offer that pile to me for my Delta/Strand, I will say give me at least another $50-60 and then we'll talk
you do realize that I am already offering 80$ extra in trade? you REALLY would make someone pay upwards of 140+ (almost double the value of a his 3 fetches) just to make the trade "even"? LOL you are the worst kind of trader. I full heartedly agree you just resell Standard playables at high prices and rebuy your "premium" cards to just make a profit. Which is sad because the reason your are asking for a premium is completely different than the reason premiums even exist.
[Edited 1 times, lastly by Bwatson513 on October 23, 2012]
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AGO Member
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posted October 23, 2012 07:23 AM
  
The mythical "premium" strikes again. Sell your cards and buy what you want.
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MAB_Rapper Member
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posted October 23, 2012 07:32 AM
  
quote: Originally posted by AGO: The mythical "premium" strikes again. Sell your cards and buy what you want.
Exactly. I don't think I have done a trade in 2-3 years based on this, unless the deal needs to be done. __________________ My 2008 Nationals The Official Tower Magic Facebook Page hilikuS: Also, as much as MAB's list has become the list on the T/A Forum, I do miss Slinga's.
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gaeacradle Member
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posted October 23, 2012 07:35 AM
  
LOL. I love it when people are offering their cards at SCG prices and value other people's cards at Ebay prices. Here are the values of your cards based roughly on Ebay: 2x Syncopate (Foil) - 2 Mutilate - 1.50? Isperia, Supreme Judge - 2 Armada Wurm - 11 Olivia Voldaren - 13 Abrupt Decay - 9 Dreadbore - 5 1x Azorius Charm 3x Temple Garden - 24 2x Overgrown Tomb - 24 2 Angel of Serenity - 34 3 Hinterland Harbor - 24So roughly $150. What $80 premium are you talking about? Cuz Delta runs at least $45 and Strand around $40 on Ebay. Yeah, I'm the worst kind of trader. The kind of trader who is not stupid enough to give you this kind of trade. 
[Edited 1 times, lastly by gaeacradle on October 23, 2012]
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Bwatson513 Member
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posted October 23, 2012 07:41 AM
  
quote: Originally posted by gaeacradle: LOL. I love it when people are offering their cards at SCG prices and value other people's cards at Ebay prices. Here are the values of your cards based roughly on Ebay: 2x Syncopate (Foil) - 2 Mutilate - 1.50? Isperia, Supreme Judge - 2 Armada Wurm - 11 Olivia Voldaren - 13 Abrupt Decay - 9 Dreadbore - 5 1x Azorius Charm 3x Temple Garden - 24 2x Overgrown Tomb - 24 2 Angel of Serenity - 34 3 Hinterland Harbor - 24So roughly $150. What $80 premium are you talking about? Cuz Delta runs at least $45 and Strand around $40 on Ebay. Yeah, I'm the worst kind of trader. The kind of trader who is not stupid enough to give you this kind of trade. 
are you really pricing temple garden at 8 when numerous have sold for 12 on ebay? http://www.ebay.com/sch/i.html?_sacat=0&_from=R40&_nkw=temple%20garden& rt=nc&LH_PrefLoc=0&LH_Complete=1 Get real bro. that is the first card I looked at and I am sure tomb isnt 8 either. lets total things up from ebay. My pile (based on your horrendously low ebay prices) my pile is 173 (considering the terrible prices) his fetches are at 130. you mean to tell me his fetches are worth an extra 43 in trade so he can just take that 43 in profit and by another fetch + sell my stuff and get 3 more? and where did I say I wpriced his fetches at ebay prices? i said I was glad to pay 60 maybe even 70 at his strand/delta and you say I am going off ebay prices? lol to you sir
[Edited 1 times, lastly by Bwatson513 on October 23, 2012]
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gaeacradle Member
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posted October 23, 2012 07:49 AM
  
quote: Originally posted by Bwatson513: are you really pricing temple garden at 8 when numerous have sold for 12 on ebay?http://www.ebay.com/sch/i.html?_sacat=0&_from=R40&_nkw=temple%20garden& rt=nc&LH_PrefLoc=0&LH_Complete=1 Get real bro. that is the first card I looked at and I am sure tomb isnt 8 either. lets total things up from ebay. My pile (based on your horrendously low ebay prices) my pile is 173 (considering the terrible prices) his fetches are at 130. you mean to tell me his fetches are worth an extra 43 in trade so he can just take that 43 in profit and by another fetch + sell my stuff and get 3 more? and where did I say I wpriced his fetches at ebay prices? i said I was glad to pay 60 maybe even 70 at his strand/delta and you say I am going off ebay prices? lol to you sir
Fine, I'll concede that Temple Garden is more like $10 instead of $8. Just remember a bunch of folks selling them for less than $10 here on MOTL so I didn't bother to check prices. And I didn't say that Tomb is $8. I put it at $12. There are only 2 Tombs in there. So $155. If you post a sale list here, how many people would say "Yes, I'll take the fetches for $130" versus how many people would pay $155 for your cards? Also, I see plenty of Delta at $50 and Strand at $40 on Ebay. You keep bringing up how this $80 premium that you are giving as if that's what the other person can get on Ebay realistically. Even without the fees, I doubt that will be the case. Also, as I said, I would have probably traded your pile for those 3 fetches too. However, I also know that if I made that offer to another person, it is totally reasonable for he/she to turn it down. Seriously, just stop whining. If you can't find people who will trade the way that you want them to trade with you, then go sell your cards and buy the ones you want. quote: Originally posted by Bwatson513: Just for you im going to recent completed listings on every card I am tradingSyncopate foil $2.75 each Isperia 3.75 Armada wurm 14.95 Olivia Volderan - 13 Abrupt Decay - 11 Dreadbore - 5 Temple garden - 12 Overgrown tomb - 12.95 Angel of serenity - 16.95 Hinterland Harbor - 9.95 Alright total. (based on completed listings within last day ) 179.20$ in ebay sales on my pile His 3 fetches Polluted delta 49.99 Flooded Strand 39.99 So 140$ in ebay completed sales Show me where I need to pay 50-60 more in a premium under your circumstances in which you would own the fetches. LOL you are that type of trader. Devaluing my cards (even on ebay trololol) and then assuming I should give even MORE cards to compesate this false premium on cards not even over 100$
Wurm is not at $15. Decay is not at $11. Garden is not at $12. Harbor is not at $10. Isperia is not at $3.75. I'm pretty sure I can rest my case now.
[Edited 3 times, lastly by gaeacradle on October 23, 2012]
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Bwatson513 Member
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posted October 23, 2012 07:51 AM
  
Just for you im going to recent completed listings on every card I am tradingSyncopate foil $2.75 each Isperia 3.75 Armada wurm 14.95 Olivia Volderan - 13 Abrupt Decay - 11 Dreadbore - 5 Temple garden - 12 Overgrown tomb - 12.95 Angel of serenity - 16.95 Hinterland Harbor - 9.95 Alright total. (based on completed listings within last day ) 179.20$ in ebay sales on my pile His 3 fetches Polluted delta 49.99 Flooded Strand 39.99 So 140$ in ebay completed sales Show me where I need to pay 50-60 more in a premium under your circumstances in which you would own the fetches. LOL you are that type of trader. Devaluing my cards (even on ebay trololol) and then assuming I should give even MORE cards to compesate this false premium on cards not even over 100$
[Edited 1 times, lastly by Bwatson513 on October 23, 2012]
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Bwatson513 Member
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posted October 23, 2012 08:01 AM
  
Who is crying? Fetches arent premium worthy. Stop acting like they are
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hilikuS Member
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posted October 23, 2012 08:04 AM
  
quote: Originally posted by Bwatson513: Who is crying? Fetches arent premium worthy. Stop acting like they are
There's thousands of active members on this site.
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rats60 Member
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posted October 23, 2012 08:30 AM
  
The OP is the reason why I just tell people that I won't trade my Legacy staples for their overpriced Type 2. I would take the 3 Fetches in that trade in a heartbeat and he is crying that he is getting ripped off. Go sell your Type 2 stuff. To get those prices, you are going to have to go to Ebay and lose 12% in fees. If you are trying to sell them here, it won't all sell and people will beat you up trying to get cards for cheaper. To me it would be easier to move that pile at a 10% discount and wind up with 3 great cards.
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Bwatson513 Member
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posted October 23, 2012 08:50 AM
  
quote: Originally posted by rats60: The OP is the reason why I just tell people that I won't trade my Legacy staples for their overpriced Type 2. I would take the 3 Fetches in that trade in a heartbeat and he is crying that he is getting ripped off. Go sell your Type 2 stuff. To get those prices, you are going to have to go to Ebay and lose 12% in fees. If you are trying to sell them here, it won't all sell and people will beat you up trying to get cards for cheaper. To me it would be easier to move that pile at a 10% discount and wind up with 3 great cards.
What you are missing is the fact that he pulled these cards out saying he needed them for standard decks. I did not make this offer. He asked for these cards. Why should I have to give a outrageous premium on cards he is going to end up using and not sit in his binder? I could see if I was trading for bazaars or tabernacles, but to trade for a couple fetches I shouldnt have to shell out over 100+ in premiums (based on a couple users comments here).
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rats60 Member
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posted October 23, 2012 09:10 AM
  
quote: Originally posted by Bwatson513: What you are missing is the fact that he pulled these cards out saying he needed them for standard decks. I did not make this offer. He asked for these cards. Why should I have to give a outrageous premium on cards he is going to end up using and not sit in his binder? I could see if I was trading for bazaars or tabernacles, but to trade for a couple fetches I shouldnt have to shell out over 100+ in premiums (based on a couple users comments here).
This trade would be a big win for you. You get to move a bunch of random stuff to someone who needs it. In a few months when he tries to get rid of it, he will wish he had his fetches back. Go sell your cards and see what you can get for them. I doubt that you will be able to buy those 3 fetches with your proceeds. He is not asking an outrageous premium, it is a perfectly reasonable premium. You are not giving up 100+ in premiums, you are giving up about 10% which is perfectly reasonable. If you offered me those cards for my fetches, I would tell you NO!! I would much rather have the 3 fetches. The fact that you can't see that is the problem here. Gaeacradle and I are two of the most active traders on this site. We both have over 600 references. You are new here and not an experienced trader. You should listen to us. If you are wanting to trade your Type 2 and get back Legacy staples, expect to give a premium. If you don't think a premium is needed, trade with me. I have pretty much every Type 2 card. I will be happy to trade them for fetches, duals and other Legacy staples straight up.
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D'Shay Member
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posted October 23, 2012 09:16 AM

quote: Originally posted by AGO: The mythical "premium" strikes again. Sell your cards and buy what you want.
QFT
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lordofthepit23 Member
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posted October 23, 2012 10:24 AM

If I had either side of the trade involved, I would expect a lot more to be put into the standard pile to make the trade even. This isn't even a question.
[Edited 1 times, lastly by lordofthepit23 on October 23, 2012]
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coasterdude84 Member
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posted October 23, 2012 10:34 AM
  
quote: Originally posted by AGO: The mythical "premium" strikes again. Sell your cards and buy what you want.
I'll also second this. Premiums are non-existent, and value is irrelevant. A trade is fair when both parties would rather have what they got over what they gave. Value is simply a way to quantify it. If both sides are happy, I'd have no problem trading beta duals for type 2 crap (I've probably even done this to be honest). I'm really getting sick of all the wannabe dealers.
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Mr.C Member
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posted October 23, 2012 11:50 AM
  
I'd take the fetches in this trade. There's nothing good in the other pile. Bunch of random jank.Edit: Deltas are ~50 Strands are ~42 So 142 Foil Syncopate is $3 (lol, thats overpriced) Mutilate 2 Isperia 2 Wurm 15 Olivia 15 Decay 8 Dreadbore 6 Azorious Charm 50 cents Temple Garden 13 x3 Angel of Serenity x2 20 Overgrown Tomb 15 x2 Hinterland Harbor 8 x3 So he's asking $180ish for $140ish worth of card. I would still do it. I don't trade a lot, Delta is pretty stable barring a reprint, and *all* the cards in your pile will be worth less than half of what they are worth now when they rotate. Don't get bitchy. If you think the deal is not fair, do the legwork, try and gain max value for your Standard stuff, then buy the fetches.
[Edited 1 times, lastly by Mr.C on October 23, 2012]
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Bwatson513 Member
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posted October 23, 2012 01:34 PM
  
quote: Originally posted by Mr.C: I'd take the fetches in this trade. There's nothing good in the other pile. Bunch of random jank.Edit: Deltas are ~50 Strands are ~42 So 142 Foil Syncopate is $3 (lol, thats overpriced) Mutilate 2 Isperia 2 Wurm 15 Olivia 15 Decay 8 Dreadbore 6 Azorious Charm 50 cents Temple Garden 13 x3 Angel of Serenity x2 20 Overgrown Tomb 15 x2 Hinterland Harbor 8 x3 So he's asking $180ish for $140ish worth of card. I would still do it. I don't trade a lot, Delta is pretty stable barring a reprint, and *all* the cards in your pile will be worth less than half of what they are worth now when they rotate. Don't get bitchy. If you think the deal is not fair, do the legwork, try and gain max value for your Standard stuff, then buy the fetches.
Shock lands are random jank now? This is the first of the new block and want be rotating in a while. Long enough for either the cards to rise or fall based on next sets. You are assuming my cards are rotating tomorrow. Of course my cards will be less value way later down the road. But what about the use til then? Why do cards even have a value if they arent determined til after rotation? Im sorry but if Im giving a strand in premium based on my pile vs his and its still not enough you guys are clearly dillusional and just premium mid range legacy cards just because you can . I bought 2 heath last night for 30 each NM i would be dumb to come to this site only to ask 80 in trade on them.
[Edited 1 times, lastly by Bwatson513 on October 23, 2012]
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rats60 Member
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posted October 23, 2012 01:55 PM
  
quote: Originally posted by Bwatson513: I bought 2 heath last night for 30 each NM i would be dumb to come to this site only to ask 80 in trade on them.
Then trade them to me for 60.00 in Type 2 stuff.
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Bwatson513 Member
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posted October 23, 2012 01:59 PM
  
quote: Originally posted by rats60: Then trade them to me for 60.00 in Type 2 stuff.
I'd trade them at 90-100 for type 2 stuff. Not the 160-170 you guys think you get away with
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