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Author Topic:   trading n dealing mtg overseas
bottlecaps
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 posted September 07, 2013 11:57 PM   Click Here to See the Profile for bottlecaps Click Here to Email bottlecaps Send a private message to bottlecaps Click to send bottlecaps an Instant Message Edit/Delete Message Reply With Quote View bottlecaps's Have/Want ListView bottlecaps's Have/Want List
ive seen and heard of dealers going overseas to china japan and the states to buy/sell n trade cards and making a profit out of it doing it full time. i know actually 2 guys from my country tht does this and they dont have a regular job. i asked them how do they profit from this and they always avoid my question like some major trade secret. can someone explain how this happens? i thought regulars players from all around the world use ebay completed auctions or popular price guide for trading. how is it this profitable?

[Edited 1 times, lastly by bottlecaps on September 07, 2013]
 
jbark
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 posted September 08, 2013 04:55 AM   Click Here to See the Profile for jbark Click Here to Email jbark Send a private message to jbark Click to send jbark an Instant Message Edit/Delete Message Reply With Quote View jbark's Have/Want ListView jbark's Have/Want List
The US dollar is worth nothing so the exchange rate is where they make their money. Also cards in general go for more over seas.
 
airwalk
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 posted September 08, 2013 08:15 PM   Click Here to See the Profile for airwalk Send a private message to airwalk Click to send airwalk an Instant Message Edit/Delete Message Reply With Quote View airwalk's Have/Want ListView airwalk's Have/Want List
quote:
Originally posted by jbark:
The US dollar is worth nothing so the exchange rate is where they make their money. Also cards in general go for more over seas.

I'll agree that cards are probably more expensive overseas (as they certainly seem to be in Europe). But the exchange rate thing doesn't make sense to me, I don't understand what you mean by USD is worth nothing (unless you're implying it's worthless because it's fiat, in which case all the Asian currencies are too?)

 
bottlecaps
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 posted September 08, 2013 10:37 PM   Click Here to See the Profile for bottlecaps Click Here to Email bottlecaps Send a private message to bottlecaps Click to send bottlecaps an Instant Message Edit/Delete Message Reply With Quote View bottlecaps's Have/Want ListView bottlecaps's Have/Want List
alot of countries are debasing their currencies as much as possible with japan being the biggest culprit.
 
mm1983
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 posted September 12, 2013 04:19 AM   Click Here to See the Profile for mm1983 Click Here to Email mm1983 Send a private message to mm1983 Click to send mm1983 an Instant Message Edit/Delete Message Reply With Quote View mm1983's Have/Want ListView mm1983's Have/Want List
Booster pack prices are also more overseas so therefore individual cards will also be worth more.
 

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