A Beginners Guide To Making Money With Sports Cards
There has never been a better time to start investing in all kinds of trading cards. Over the last two years, we have seen the value of sports cards and Pokemon cards skyrocket.
There has been such a boom in the industry that stores have started to limit the number of cards that people can buy at a time. With many stores selling out of the cards within minutes of their delivery arriving.
If you want to start investing in the industry before you are priced out, then there is no time like the present. And today, we are going to teach you everything you need to know to get started in the industry.
Are Football Cards Worth Money?
The short answer to this question is yes. The right cards are worth an awful lot of money.
As this article – https://sportsworldcards.com/what-is-the-most-expensive-football-card/ – will tell you, a signed Patrick Mahomes National Treasures Platinum Rookie Card sold for $4.3 million in 2021.
That wasn’t the only card that sold for over 6 figures last year.
If you are able to get your hands on the right cards and get them signed then you are set to make huge profits.
How Can I Tell What Cards Are Worth Anything?
There are a few ways that you can work out the value of a card.
You can use one of the many apps or websites out there that will show you how much your card is worth. They find this value by looking at how much similar cards are selling for right now and how much that card has sold for in the past.
You should also look up how rare the card is. The rarer it is, the more valuable it will be when it goes to auction.
You should also head onto sites like eBay and look at how much other versions of your card (or similar cards) are selling for right now.
How Should I Go About Buying These Cards?
Now that you understand how much football cards are worth, you are probably wondering how you should start buying them.
Well, you need to remember that the cards will gain value over time, so you should have a two-pronged strategy – (a) start collecting new cards that might become valuable, and, (b) start buying up cards that already have value.
You should familiarize yourself with the most valuable cards on the market and look into cards that are surprisingly or unexpectedly valuable. It will be helpful to have this information on hand when you start shopping.
Buy Random Packs
The first phase of your buying strategy should be to snap up as many new cards as you can.
Predicting what cards are going to be valuable in the future is almost as hard as picking which rookies will become Hall of Famers.
So, your best bet is to buy new cards and hang onto them.
You can find new card packs at your local grocery store for less than $10 per pack. Even if you only end up selling, 1 out of every 100 cards you buy. At the rate card values are going up you are still going to make a good profit.
Search For Bargains Online
When you have some spare time, you should jump onto card trading sites and eBay.
Be on the lookout for cards that are underpriced, you could buy them and flip them quickly to make a small profit. Or you could hold onto them and make a bigger profit in the long run.
eBay is a great place to look as many cards often sell for under the asking price and you can get a really good deal. However, try not to get sucked into a bidding war. That is a surefire way to not make a profit.
Visit Yard Sales
Finally, we highly recommend visiting yard sales.
You would be surprised how many people put their whole childhood collection up for sale for just a few bucks. If this collection only has one valuable card in it then you’re onto a winner.
Buying people’s collections at yard sales or even on eBay is a great way to boost the number of assets you have. And more often than not, you will find a hidden gem amongst those cards.
As a card collector, you can never have too many cards, and if you can get 200 cards for $10 then you should jump on that opportunity.