Author Topic: Redemption's secondary market.  (Read 391 times)

Offline Red

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Redemption's secondary market.
« on: January 04, 2020, 08:15:22 AM »
I am increasingly of the opinion that each set is predominantly worthless after the following set is released. As an example, several top-tier collections are in the market currently. The top bid is $300 on a collection that was originally put up for sale in the $1500 range. (KariusVega's collection was originally the collection that Josiah Beers was trying to sell in 2018) That collection along with a few others are seeing almost no interest from buyers. Furthermore, the winners promos, which formerly sold for a great deal, are no longer prime movers, considering post-nationals, almost no one was buying them at less than the prices that they were once worth. (I believe I got the most value off any of them that were trying to be sold when I sold my extra Christian Martyr for $80, but someone correct me if that isn't true)

Is Redemption a depressed market with no buyers these days? Is this tied to the fact more people are trying to get out than get in?
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Offline Rawrlolsauce!

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Re: Redemption's secondary market.
« Reply #1 on: January 04, 2020, 08:57:37 AM »
The redemption market has always been an oligopsony, as far as I can remember.

When I sold my collection many years ago, the top bid was like $300 or something. I ended up piecing it out individually for like $2K instead. Not 100% accurate numbers, I donít remember the real ones - but you get the idea.

The reason is the redemption demographic isnít wealthy. Itís children, young adults, and church pastors. Those demographics can drop $20 here or there, but not $1500 at once. Those that can afford large purchases are few and far in between, and have always been.

Iím at a place professionally where I could drop $10K on a collection on a whim and not notice the financial impact, but Iím also at a place where Iím not interested in Redemption. And Iím guessing thatís a theme -too - as people get older, they have more disposable income, and less time/interest for a card game.

In real estate, itís not uncommon for luxury mansions to be on the market for over a year, even in tight markets. Not because theyíre priced wrong, but because the buying population is so small.
« Last Edit: January 04, 2020, 08:59:40 AM by Rawrlolsauce! »

Offline Kor

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Re: Redemption's secondary market.
« Reply #2 on: January 04, 2020, 03:34:41 PM »
Think who is the real target when selling a collection?  Established players have most of the cards they need so probably would just like to fill in the gaps.  For most new players a $1000 commitment right away on a game they might not be sure of is a lot.  That pretty much just leaves re-sellers/traders as the target and depending on their stock situation may or may not need most of the cards either.

And as for Nat's winner promo values, not every one is a collector or cares about these (especially if you didn't win them yourself).
« Last Edit: January 04, 2020, 03:37:15 PM by Kor »
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Offline Isildur

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Re: Redemption's secondary market.
« Reply #3 on: January 05, 2020, 12:46:42 AM »
In addition to what Rarwlsauce mentioned...

The OP in the aftermentioned thread has given no info on the collection... no pictures... no numbers... no list of what sets and if they're even complete sets... zero info. I'm shocked he has even received an offer of $300. Even on a very tight-knit board such as here, not everyone knows the OP and what his collection consists of.

If the OP would provide a simple list or a couple of pictures they would get quite a few more offers and much closer to his asking price.

I buy and sell on quite a few forums and I can't sell anything without providing at least a couple of pictures and a short blurrb about what I'm selling.
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