5 HUGE Mistakes I Made Starting Out in Sports Card Investing (2020)

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Sports Card Investor

Sports Card Investor

Күн бұрын

Пікірлер: 613
@SportsCardInvestor
@SportsCardInvestor 3 жыл бұрын
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@patrickmiskelly5913
@patrickmiskelly5913 4 жыл бұрын
One mistake I made was buying wax boxes trying to find the huge hit. In many cases it would have been better to just buy the card I wanted vs. Spending alot of money trying to pull one.
@SportsCardInvestor
@SportsCardInvestor 4 жыл бұрын
Yes, for sure. Open boxes for fun only, never for investment.
@stevechavez228
@stevechavez228 4 жыл бұрын
Join the club. . . I did. . .
@HamsterK37
@HamsterK37 4 жыл бұрын
Yeah, when I got back in after a couple decades, I did the same thing. Now I buy the occasional retail to scratch the itch of opening a pack then being surprised by a hit.
@jamesholt5749
@jamesholt5749 4 жыл бұрын
I feel you on trying to pull a gem from a box. My FIL recently passed and left a massive collection of cards. There was some old factory sealed boxes from the late 80's and early 90's (junk era, I know), and I thought, "Man, it'll be a synch to pull a gem rookie from these boxes and sell those". Man was I wrong. Centering issues, weird surface dents, squished corners, and cards sticking together made 95% of what I pulled straight garbage.
@Hyperbolestore
@Hyperbolestore 4 жыл бұрын
I got the rush on wax cracking too. Now I’ll only buy wax to keep and resell later when the wax appreciates. Other than that, I may chop up a case with 6 friends and play poker to determine teams that get picked. Makes for a fun night of poker with friends and ends with a bang when we crack packs together.
@garenhuddy2633
@garenhuddy2633 4 жыл бұрын
Ebay and auctions is what determines card values, not becket.
@joeecm27
@joeecm27 4 жыл бұрын
Is one of your top 5 mistakes that you bought a bunch of Lonzo Ball cards?
@GeorgeEarlFranklin
@GeorgeEarlFranklin 4 жыл бұрын
Lol yup
@inn3rl0tuss69
@inn3rl0tuss69 4 жыл бұрын
😂
@8mathdaddy
@8mathdaddy 4 жыл бұрын
Same here. I’m stuck with a bunch of Lonzo, too. But, he is now lifting weights and getting buff. Let’s go!! Lol
@inn3rl0tuss69
@inn3rl0tuss69 4 жыл бұрын
Lonzo isn’t that bad you just need to wait for him to be on the same team as his brothers
@jefferlemeier7999
@jefferlemeier7999 4 жыл бұрын
He was talking about the centering on them
@andyd7374
@andyd7374 4 жыл бұрын
I bought a high power magnifying glass with a light and stand...40.00 on Amazon...OMG what a difference...you can see EVERYTHING...
@DillonLoomis22
@DillonLoomis22 4 жыл бұрын
Andy D can you share a link?
@pdraggy
@pdraggy 4 жыл бұрын
A Jewelers loup?
@nategee2359
@nategee2359 4 жыл бұрын
Link?
@robglobal1
@robglobal1 4 жыл бұрын
Link??
@KD-Hoopin
@KD-Hoopin 4 жыл бұрын
Link
@steveb7091
@steveb7091 4 жыл бұрын
He spent more time looking at that card than PSA would.
@miked9863
@miked9863 4 жыл бұрын
PSA: "This card is only getting a 10 if they slide $100 under the table."
@drumatic
@drumatic 4 жыл бұрын
biggest scam grading co. in the hobby... stay far away from PSA. look fwd to day when they are exposed.
@Bowman1951
@Bowman1951 4 жыл бұрын
That million card backup over at PSA isn't going to solve itself otherwise :)
@SportsCardInvestor
@SportsCardInvestor 4 жыл бұрын
lol
@rjcollings1
@rjcollings1 4 жыл бұрын
Wow why would you have been “investing” in cards and didn’t know simple stuff?
@texastackycal7979
@texastackycal7979 4 жыл бұрын
For as much as we are spending PSA should give a reason for the deductions, It sucks that they can put a score on anything and we have no idea how they scored it or why is scored that!
@cadel2218
@cadel2218 4 жыл бұрын
A lot of people don't know you can set a limit if you wish! its unfortunate because you still pay, but you won't have a sealed up 7 lol.
@kingdon1882
@kingdon1882 4 жыл бұрын
Don't collect sports cards for investment. Collect for the love of it. You'll never lose money!!💯👍😁
@kevincrispien4570
@kevincrispien4570 4 жыл бұрын
Well said! I'm a player collector and collect only what I like. I NEVER BUY PACKS. I'd rather spend $500 on a card that I want on ebay versus getting lucky pulling the same card out of a pack for a fraction of the price. 98% of the time you're just gonna get smoked. I've bought cards in the past that I wanted desperately at the time that have come way down in price over the years. So what! Don't care! I got something I wanted and checked something off my want list. Mission accomplished.
@francesgerardgenil1592
@francesgerardgenil1592 4 жыл бұрын
This I have yet to realize.
@SanFran49erfan
@SanFran49erfan 4 жыл бұрын
dont buy stocks for investment. only buy if you love the product. see how that doesnt work? you can certainly do both at the same time. i buy and flip cards i dont like to get the ones i do.
@callmechris.
@callmechris. 4 жыл бұрын
Plus its fun
@jpmnky
@jpmnky 4 жыл бұрын
Exactly flipping is one thing. This guy is just itching to fuck people in the future. We've been here before.
@talkingsportsinc
@talkingsportsinc 4 жыл бұрын
Learned lots of these the hard way as well but as long as you grow from it it’s not a loss, just market tuition. Everybody’s gotta go through sports cards school and tuition is never free!
@daymionmardel6459
@daymionmardel6459 4 жыл бұрын
Made similar mistakes- one that stands out was buying raw cards on eBay - so many of them came back trimmed - huge lesson - now for the most part - only buy graded - and 99% of the time, it has to be psa 10
@anklebreaker9728
@anklebreaker9728 4 жыл бұрын
Most time if they’re being sold raw, it’s because the person who’s selling it already knows it won’t grade gem mint. They can BS all they want in their descriptions, but the card has some type of flaw that you’ll miss until you send it in to be graded and it returns back not what you expected.
@davidrayfield4638
@davidrayfield4638 4 жыл бұрын
9s for psa still add a ton of value compared to raw.
@sawmill035
@sawmill035 4 жыл бұрын
That depends very much on the card we're talking about. It also depends on how nice the raw card you're comparing it to looks. If the raw card has an obvious flaw of some sort that pretty much guarantees a non-10 grade, you are correct. However, if you have a really sharp card that has a high likelihood of grading out a 10, give me the raw card, all day long. For most cards, the difference in value between an 8 and 9 is significantly smaller than the difference between 9 and 10.
@RingsideTed
@RingsideTed 4 жыл бұрын
9's certainly sell pretty well in the mlb/ebay world!
@oscarmiramontes8577
@oscarmiramontes8577 4 жыл бұрын
I agree
@pauld8790
@pauld8790 4 жыл бұрын
@@sawmill035 as long as its a hot card.
@morsteen
@morsteen 3 жыл бұрын
I'm sending in all my old cards really. Even if they aren't the best. I'm only not submitting obvious rolled corners or major surface and centering issues. Why? Because to me, preserving them in a psa/bgs cases is still worth it to me. So what if I get a psa 8 or 9, and only the occasional 10. It's better than leaving them in the plastic pages for another 20 years. Why not clean em up and grade them so they are preserved at the very least?
@donscoma2985
@donscoma2985 4 жыл бұрын
Grading is subjective. I only collect T206"s and been at it for 18 years. I have cards come back from PSA Graded "A" deemed to be trimmed and sent the same card to SGC and it came back as a 5 (EX). GO figure!!!!!!!!!! Save your money and just collect for the love of collecting. HAPPY TRAILS y'all.
@brewsandbreaks2400
@brewsandbreaks2400 4 жыл бұрын
#4 and #2 are big. Chasing prospects can pay off big at times but sticking to known stars and following the value is key!
@Ilikepats
@Ilikepats 4 жыл бұрын
I just got my first big investment for my birthday. Got a 20 card lot of lukas for 75 dollars total. 7 rookies, 2 numbered cards, 3 prizms, 5 parallels, 2 base and 1 insert. I got about $200 worth from that awesome steal of a lot. Hopefully luka can win mvp soon.
@jcb998
@jcb998 4 жыл бұрын
PSA 9 on the patch cards is very good. They tend to grade the thicker cards tougher. More room for error on thicker stock. Plus if the patch is multi-colored that can push the price up.
@codyscott4977
@codyscott4977 4 жыл бұрын
Jason Bellitto your almost always going always going to get a 9 with those.. almost near impossible for a 10
@jasonreppel1339
@jasonreppel1339 4 жыл бұрын
My biggest issue is trying to collect too many players and overall just trying to do too much!
@gameinformationpokertheory
@gameinformationpokertheory 4 жыл бұрын
Great video Geoff, I hope you follow up with top 5 Mistakes of Intermediate and Advanced Investors/Collectors. 1. Inventory Management and Valuation 2. Macro Market Evaluation (All Collective Sportscards/Entertainment Cards) 3. Micro Market Evaluation (Individual Sports or Entertainment/Movie Cards) 4. Macro Money Management or Budget 5. Micro Money Management or Budget 6. Grading Pipeline 7. Sales/Marketing - Market Timing or Risk Management (Example is how you Sold your 2017 Panini Prizm Patrick Mahomes during Playoffs, before Super Bowl and right after Super Bowl) 8. Re-stocking Inventory versus One Time Investment 9. Market Speculation (Success Ratio for Profitability) 10. Liquidation of mistakes 11. Liquidity - Cash Reserves 12. Portfolio Management (Buy/Hold/Sell) 13. Advanced Analytics (Research capabilities - You can plug your Market Mover tool) 14. Macroeconomic Analysis (Financial Market impact, Quantitative Easing or Covid-19) 15. Evolution of the Hobby over time (Solve for Why) - Figuring out Peak (Top) and Valleys (Bottom) based on Greater Fool Theory...Here are just some suggestions - you can develop your own. Intermediate and Advanced Investors/Collectors deserve their own video to complete the Series. Beginners are easy...you can lead a novice to an Oasis and they will drink sand because they don’t know any better. 🤓🏀🏈⚾️😂
@SportsCardInvestor
@SportsCardInvestor 4 жыл бұрын
Thanks - 15 good ideas to choose from :)
@Al-ImprovEd2022
@Al-ImprovEd2022 4 жыл бұрын
Steven Nguyen I hope you’re at the National. I’m going to follow behind you and buy whatever you buy. 😄
@gameinformationpokertheory
@gameinformationpokertheory 4 жыл бұрын
Raleigh Al - Hahaha! Sure, if I Win the WSOP Main Event...then I will attend the National in Atlantic City with $1 MM in cash. Will be Buying the same guys I like right now: Michael Jordan, LeBron James, Kobe Bryant, Kevin Durant, Russell Westbrook, Stephen Curry, James Harden, Anthony Davis, Kawhi Leonard, Damian Lillard, Jayson Tatum, Donovan Mitchell, Luka Doncic, Trae Young, Zion Williamson, Ja Morant, Albert Pujols, Miguel Cabrera, Mike Trout, Jose Altuve, Ronald Acuna, Juan Soto, Tom Brady, Drew Brees, Patrick Mahomes, DeShaun Watson and maybe Lamar Jackson. I Buy Blue Chips to Grade and Re-Sell. I just keep it Simple. 🤓🌎🙈🙉🙊😂 I guess I would pick up Color Prizms of Wilt Chamberlain and Kareem Abdul-Jabbar like I have since 2012-13. I have way too many HOF Panini Prizm Color Prizms in Basketball and Football...they are very Gradable, but have never been popular. 😜🏀🏈🤣
@Al-ImprovEd2022
@Al-ImprovEd2022 4 жыл бұрын
Steven Nguyen 🤣 one day we’ll be hiring card advisors. I like your pics above. Imagine how the market would move if grading was quick. If I could get my vintage graded quick I might buy some new stuff.
@JAS0N_M00RE
@JAS0N_M00RE 4 жыл бұрын
If you going to open slot of boxes or packs make sure you have somewhere to put all the cards the base and inserts add up fast
@thequickerflipperpickerupp6281
@thequickerflipperpickerupp6281 3 жыл бұрын
I'm new to card collecting. Thank you for your time, and advice! 😊✌
@ScottMarkman
@ScottMarkman 4 жыл бұрын
My biggest mistake was spending pretty heavily on group breaks. I got sucked into all the KZbin excitement and blew through a ton of money without getting any hits or pretty terrible hits.
@visaman
@visaman 4 жыл бұрын
Yes, that's gambling with a rigged deck.
@ScottMarkman
@ScottMarkman 4 жыл бұрын
Jay Steel been good. Almost cancer free for a year now. Thanks for checking!
@hvcool
@hvcool 4 жыл бұрын
i hesitated many times to join breaks, but it sounds so risky. I have bought boxes and cases which I prefer and could be risky at times, but you get something out of it majority of the time.
@kuriakosnuay6391
@kuriakosnuay6391 4 жыл бұрын
Thats what i do now i just dropped 700$ smh... Whats the best alternative
@kuriakosnuay6391
@kuriakosnuay6391 4 жыл бұрын
And got nothingggggf
@fliplife67
@fliplife67 4 жыл бұрын
What drive me nuts is the fact theses card company been making cards for along time but still there cards aint center.
@SportsCardInvestor
@SportsCardInvestor 4 жыл бұрын
Yeah, isn't it crazy? Why can't they get that right?
@markinnes4264
@markinnes4264 4 жыл бұрын
as bad as ever... even for $100+ boxes.
@fliplife67
@fliplife67 4 жыл бұрын
@@markinnes4264 That's what I dont get about panini the have theses National Treasure cards but there not center or in perfect condition but they cost like what over 1000 of dollars a box.
@kingpencowboy7977
@kingpencowboy7977 4 жыл бұрын
Can't all be be perfect then none would be valuable then I guarantee that do it on purpose to eliminate the all gem mint 10 got to have some bad with the good
@fliplife67
@fliplife67 4 жыл бұрын
@@kingpencowboy7977 Truth but if your going to drop that kind of money it should be.
@jude999
@jude999 2 жыл бұрын
Agree on centering. Im glad that when I got back in five years ago after a 30 year break, that centering was stressed. Centering was not even a consideration by anyone when I collected in the early 1980s.
@jfoster1515
@jfoster1515 4 жыл бұрын
Your Gator shelf is amazing ! I'm glad I randomly found this channel... I'll be marathon-watching this as I have the next 5 days off... Go Gators !
@true_rcs
@true_rcs 4 жыл бұрын
Great video Geoff! Shows transparency and honesty behind what your doing. Keep up the good work.
@jrsportscardschronicles3587
@jrsportscardschronicles3587 4 жыл бұрын
It depends on the card. If it's a hard to find/get RPA, sometimes a 9 is ok. If it's an older card of a top player/goat like Lebron an 8.5 is fine too. And RPAs often times come out of box/packs with corner issues already. It all depends, but yes for base moderns you want to be submitting 10s or BGS 9.5s.
@SportsCardInvestor
@SportsCardInvestor 4 жыл бұрын
Right, for base moderns. For RPAs, I prefer BGS, because of the subgrades. PSA will likely just slap a 9 on it and be done.
@C.Baumann
@C.Baumann 4 жыл бұрын
Also, determine your focus. I catch myself on this too. Chasing after the next great thing. I got back into the hobby with the intention of collecting Milwaukee Braves only. And did so for a long time, but I got off track. Now I find myself chasing the cards I loved as a kid. From the junk era. Wish I woulda went after PSA 10s of Griffey, Thomas, Ripken, Canseco, Ryan, Mattingly etc. Recently all those cards have shot up, and I’ve picked up some, but Griffey Donruss PSA 10 rookies were going for 25-35 all day 5 years ago. Now they’re pushing $500. I didn’t buy them because I took it for granted, and they weren’t “high dollar” enough for me. Now it’s out of my price range and I’m chasing the other cards. I should write an article all about it. LOLZ
@marcbarrington1897
@marcbarrington1897 4 жыл бұрын
The counting the dots is a great tip. A huge amount of my Prizm cards have 3 dots on the left side and 4 on the right side. Just that alone immediately disqualifies it for me from sending out to get graded (which is disappointing given some of the cards that have it). I find PSA are slightly more lenient than BGS on the centering, but even with that a lot of them, the Prizm's in particular are so clearly misaligned that you don't even need a magnifying gizmo to see. I've been told that PSA will go 10 on 45/55 centering, but anything more than that immediately bumps it down to a 9.
@marianosantiniello2213
@marianosantiniello2213 4 жыл бұрын
Yea, that's been my experience too. Bgs is stricter on centering.
@dallascowboyshighlights9632
@dallascowboyshighlights9632 4 жыл бұрын
It’s not only the star player factor but also the team factor. Cowboys, Yankees, Lakers second tier players will sell as well as some other teams star players.
@joeryia8554
@joeryia8554 4 жыл бұрын
My mistakes were opening boxes. I have the worst luck. Now I just buy the cards I want. Much happier now!
@darrenzeledon2610
@darrenzeledon2610 4 жыл бұрын
Joe Ryia the reason I buy boxes now is to sit on them then flip them for more. It’s a good way to make some extra cash.
@misguidedangel6550
@misguidedangel6550 4 жыл бұрын
investing $10K in cards in the next couple months. Mostly Hockey but open to a bit of everything. After the $10K is spent which might take a month it might take 3 months, im gonna sit on everything for 12-16 months then I'm gonna resell it all and see how I do. Might end of keeping a few cards for personal collection if I do good on the investments.
@bobbyboucher1096
@bobbyboucher1096 4 жыл бұрын
If you do vintage watch out for over grading and cut cards.
@subzero4524
@subzero4524 2 жыл бұрын
Thank you for the insight and wisdom. My son and I have really learned a ton from your videos.👍👍
@RacerRed
@RacerRed 3 жыл бұрын
I think a really big problem with online buying is shill auctions that bid on their own stuff. Even if you try to wait and snipe it at the last second they can run the sale price up to what they want to sell it for to insure they dont take a loss.
@alpo27
@alpo27 4 жыл бұрын
Sometimes you have to send PSA a card twice to get a 10 if you got a 9. Wouldn't bother with an 8.5
@beelertv5650
@beelertv5650 3 жыл бұрын
This is great info! I’m just getting started and I’m definitely picking up a lighted magnifying glass.
@TheSpud1129
@TheSpud1129 3 жыл бұрын
One mistake I made one day when I was younger, was not buying a Jordan rookie for $100 from my LCS. Kept going back and looking at it every day for a month, and finally saved up enough to buy it. It's been packed away for the last 25 years waiting for the day to sell it. Have no idea what condition or the value, it's one of my best memories in my youth.
@traviseland5694
@traviseland5694 3 жыл бұрын
I started two months ago my biggest mistake was, no one told me that players in there college uniforms where less valuable they a rookie athlete in there pro uniform.
@jeremielegault144
@jeremielegault144 3 жыл бұрын
You're a good guy Jeff, thanks for the help!
@Johncunhasoccer0
@Johncunhasoccer0 4 жыл бұрын
What I don’t get is why is the PSA 10 worth so much more than the BGS 9.5? To me, the BGS 9.5 is harder to come by and BGS has a better/more durable case & the gold label looks better in my opinion. Also, BGS has way better turn around.
@anklebreaker9728
@anklebreaker9728 4 жыл бұрын
Bgs turnover is trash lol. Next....
@MrChrissherren07
@MrChrissherren07 4 жыл бұрын
My biggest mistake i made is thinking my childhood cards would be gem mint but they’re all 5s at most! I have Kobe rookies, a Gretzky rookie, and so many hockey hall of famers rookies.. all basically worthless
@sethbriars2042
@sethbriars2042 4 жыл бұрын
Pokellector905 sell them for a dollar each or bulk on eBay
@LorcanaDude17
@LorcanaDude17 4 жыл бұрын
Join the club!!! Ill keep them for memories and for the kids!
@maxmacdonald4440
@maxmacdonald4440 4 жыл бұрын
Keep those for yourself, pulling those as a kid is worth alot on a personal level
@kaykamken03
@kaykamken03 4 жыл бұрын
Jeff Amazing video!! Ive made all of these mistakes. Except mistake #1. I've collect thousands of cards but I've yet to send any off to be graded. I will be ordering the magnifying tool to help me to determine what to send in. Thank u!
@HighlightTributesOnBeat
@HighlightTributesOnBeat 4 жыл бұрын
One thing I've learned is that those star players that go up exponentially, I grade anyway. You hope for 10s obviously, but in the long run, 8s and 9s of them will be very valuable as well and often still give you back more than you invested. The players that fill your fantasy lineup, like you said, you try and catch early and if they turn out into those stars you can grade later.
@Al-ImprovEd2022
@Al-ImprovEd2022 4 жыл бұрын
But is that only if you did a bulk submission? Most 8 and 9’s really only sell for around $10 unless it’s like a Jordan or an iconic card like a Griffey rookie UD. I’m just not seeing good return in grades less than 10 but hope I’m wrong.
@HighlightTributesOnBeat
@HighlightTributesOnBeat 4 жыл бұрын
@@Al-ImprovEd2022 What I mean is, guys like Lebron, Giannis, Mahomes, Zion, etc. if I have rookies of them I send them. You know they will definitely be Hall of Famers one day and their 8s, 9s, and 10s will all be valuabe. The key is to get them early in their career. Usually players like that have huge appeal coming into their draft year and just get them early. Usually I just go straight to the guys I want and get them rather than buying packs and boxes because you lose more money. This year is an exception for me in basketball, because I consider this year just like the 2012 year in prizm. It's a great class. You pull one Zion or Morant and you make up a good percentage of what you pay for the box or pack. Grade them and wait a little time for others to develop ("the fantasy line up.") Send all Zion and Morant, maybe the silvers of other potential rookies, and wait a little while before you send a bulk of their bases. For example, if you caught Zion early this year before he came back from injury, he was at 45$-50$ per card. Look at what 10s and 9s of him are now (for bases). Football prizm will probably be here in November, get Burrows and Tua and other qbs with potential. Say you had 10 Zion, 10 Morant, and the same with some qbs since they are the money position in football. Put together a bulk of 50 cards at 10$ per card you will be fine. Save any potential base (fantasy fillers) for grading later if you notice their stats getting better. One key in card collecting is to stay up on players production, especially the players with upside not just the superstars.
@granados1990
@granados1990 4 жыл бұрын
Highlight Tributes On Beat And how much would these be worth let’s say 10 years from now (Zion/Bron/Giannas)
@Al-ImprovEd2022
@Al-ImprovEd2022 4 жыл бұрын
Highlight Tributes On Beat ok I see what your saying.
@HighlightTributesOnBeat
@HighlightTributesOnBeat 4 жыл бұрын
@@granados1990 Well, I consider Zion to have the same upside as Lebron did when he entered the league. Take Lebron's Topps Chrome 2003 rookie card at a PSA 8 base, and compare it to a Zion PSA 10 base Panini Prizm from 2019. Then look at a Lebron PSA 10 Topps chrome from 2003 and imagine what Zions could be? The key is to get them early.
@freedomwallace7761
@freedomwallace7761 4 жыл бұрын
My mistake was going for quantity instead of quality. In certain breaks the most sought after team would have too high of cost so I would go after cheaper teams that I knew I would get an auto or two. But all those autos together are not worth as much as one from the higher cost more sought after player.
@kingpencowboy7977
@kingpencowboy7977 4 жыл бұрын
The $24 you cannot beat that tool I suggest everyone buy one ASAP it would be the best investment if they don't have one already that model very handy for purchasing stuff on the go
@twcards1284
@twcards1284 4 жыл бұрын
My big mistake was thinking I could open Hobby boxes of cards and then sell them to make money. Dumb me! I’m just sticking to rookies for now and sending them into PSA
@mfi5pdeq
@mfi5pdeq 4 жыл бұрын
TanstrosFan not selling the right cards then
@cashrules520
@cashrules520 4 жыл бұрын
Just buy the cards you want
@peopleintrees
@peopleintrees 3 жыл бұрын
Biggest mistake is spending thousands on packs just to pull one specific card when I could have just purcahsed a PSA 10 of the specific card I was looking for for way less than what I spent on packs. Thanks for the video!
@gregoryhunt1159
@gregoryhunt1159 3 жыл бұрын
I do not consider it a mistake to only grade gem mint cards. It does make it easier to determine a fair market value and hopefully avoids counterfeits .And the card is better protected for the future and card values do change over time.
@thermalrain_yt9725
@thermalrain_yt9725 4 жыл бұрын
My biggest mistake is not keeping all my cards from when I was a kid collector. Got all my pokemon cards still and in decent shape some are damn near perfect
@JC-pu7gi
@JC-pu7gi 2 жыл бұрын
Jeff I got back into it in 2020 and I’m still learning & make mistakes.
@NickNoel
@NickNoel 4 жыл бұрын
your channel is about to blow up!! love the content
@frankiec127
@frankiec127 3 жыл бұрын
My first mistake was investing in base cards of up and coming stars. Once I learned more about the market, I started to look more into population reports on PSA. Don’t get too caught up on pop reports because there are many more factors involved when investing into cards. This is why I’m going to teach the world soon.
@davesoldmanstrength4222
@davesoldmanstrength4222 4 жыл бұрын
Thanks for the video. I collect for fun, but if I get a great card. It is always nice to know what to look for.
@stobernh
@stobernh 4 жыл бұрын
I bought multiple boxes of old Fleer 1993 basketball cards in my search for a Michael Jordan Scoring Kings card. High gloss cards (if not stored properly) don't age well and eventually stick to each other. I didn't get the Michael Jordan but I did have to pull apart a couple vintage Scoring Kings cards that were deemed worthless because of their condition. Heartbreaking. Stay away from high-gloss vintage cards!
@patientzero265
@patientzero265 4 жыл бұрын
Another money saving video. I have been binge watching your videos this weekend. I have certainly made all these mistakes as recently as today. The membership and data tool are amazing! Thank you.
@victorsummers5933
@victorsummers5933 4 жыл бұрын
Excellent advice Geoff! Learning from mistakes (yours & others) can certainly become Valuable Info. It's great that U share this.TYVM!
@Futureman75
@Futureman75 4 жыл бұрын
I just purchased the magnifying glass. 12 hours ago there were only 19 left. I just now purchased one and there were, ta-da, 19 left. If the tool is as fantastic as it’s claimed to be, then win!
@rockoutconsiderably
@rockoutconsiderably 3 жыл бұрын
The opening has the exact same cadence as Marcus Lemonis' "The Profit"
@lonnieconway7537
@lonnieconway7537 2 жыл бұрын
I am new and opened mosaic Football at the card store. I pulled a Mac Jones rc genesis and sold it right there for 150 bucks not knowing it's value I thought it was a good sale.
@jstevesonfire119
@jstevesonfire119 3 жыл бұрын
#4 worked in my favor. Fav player was Jordan. Middle schooler traded every body else for Jordan’s. 200+ by eighth grade.
@jasonabernethy8424
@jasonabernethy8424 4 жыл бұрын
My biggest mistake was not buying in bulk. I got a Giannis Prizm Rc for $20 a long time ago. I felt confident he would be special. So I took this initution, and then bough 1 hoops, 1 pinacle, 1 select, and so on. I now have 20 MPJ Prizm rc I bought for $3 each or less.
@baseballcarddreams6087
@baseballcarddreams6087 4 жыл бұрын
The mistake I've made is paying the buy it now price for graded cards. Love your videos thank you for all your insight.
@hardwoodhoopscentral
@hardwoodhoopscentral 4 жыл бұрын
Can you elaborate? Do you negotiate more versus just payingbtye asking price?
@davidrummel133
@davidrummel133 4 жыл бұрын
I feel like this really just depends on the price.
@kuriakosnuay6391
@kuriakosnuay6391 4 жыл бұрын
I got a jordan poole courtside /5 green checkerboard im new with not so deep pockets not sure if its a great saver or seller
@tdsportscards
@tdsportscards 4 жыл бұрын
You hit it on the nose with these 5...but you missed one...impulse buying when a player is hot...you can lose a lot when you do that...I'll probably pick up one of those loops...I'll try it out
@SportsCardInvestor
@SportsCardInvestor 4 жыл бұрын
Very true!
@THampton4741
@THampton4741 4 жыл бұрын
Guess I've made a mistake then. Bought 40 base and 7 silver Coby Whites
@wyattfelling
@wyattfelling 4 жыл бұрын
Tim Hampton Just hold on to those??? Give him a year or two. You probably bought him for dirt cheap. That’s not a mistake yet
@wyattfelling
@wyattfelling 4 жыл бұрын
Tim Hampton Coby White is not “hot” right now
@dareenphilip498
@dareenphilip498 4 жыл бұрын
Wow I really want to get into investing into sports cards. NBA sports cards to be exact. I love the game and why not try to make money off of it. But I have ZERO knowledge. So here I am subscribed and watching your videos.
@BrandonChung
@BrandonChung 4 жыл бұрын
Great video as always! Checking the price history is so important. This helps investors find higher value cards instead of going for the main Prizm cards. Also the magnifying glass tool looks really helpful. I've been buying Joel Embiid rookie cards but after watching this I need to focus on the exciting, flashy players like Luka.
@SportsCardInvestor
@SportsCardInvestor 4 жыл бұрын
Big guys can be OK if they score a lot. Embiid does, but the 76ers are a bit of a mess right now. I hope they get it together before the playoffs!
@lorencargile
@lorencargile 4 жыл бұрын
What about buying a really sought after unopened box and then selling individual unopened packs?
@perrylenpunsalan3846
@perrylenpunsalan3846 4 жыл бұрын
I tried this, nobody is even inquiring. I searched the 2005-06 sp authentic upperdeck nba packs and the box was like $600 and individuals go for 20-30 on ebay, im trying to sell for $15 each and nobody is buying.
@jasonb1762
@jasonb1762 4 жыл бұрын
What sets should invest in to open packs if I don't have thousands of dollars
@bigmike8397
@bigmike8397 4 жыл бұрын
I quit collecting around 96-97. Opened so many 86, 87, 88, 89 fleer. Still have a ton just not sure if it’s worth grading because of the cost. Anyone else feel the same?
@muddysouth55
@muddysouth55 2 жыл бұрын
I’m in the same boat right now. Just dug out maybe 1/4 of my collection to see what I can unload. My kitchen table is covered, I’m about halfway through what I brought out of storage and I’m as overwhelmed as I’ve ever been lol.
@dadybad08
@dadybad08 4 жыл бұрын
Buy PSA 10 for full price, they’ll go up if your sitting in them as an investment. Buy raw cards that you like because you love to collect. That’s my way
@shacalister
@shacalister 4 жыл бұрын
i used to donate cards of players i didnt know existed... An old guy told me to hold on to rookie cards for 4-5 years. Thats how i kept my tom brady rookie card... I wouldve donated it to an orphanage if it wasnt for that guy
@josh_7569
@josh_7569 3 жыл бұрын
Lmao
@padmille
@padmille 4 жыл бұрын
Good point on the star value being exponential. Just take a look at many of the 50 greatest players of all time; most of their cards are worthless now compared to the very few that retain interest (eg MJ, Kobe, very short list). That’s why it’s real hard for me to speculate on young players because almost 100% of them will be forgotten in 20 if not 10 years.
@josephvegas3052
@josephvegas3052 4 жыл бұрын
That is a good point. Everybody buying Acuna Jr or even Freddy Freeman of Braves...and ozzie Albies is on the same team [amazing player], gets overlooked....Albies led the league in hits last year I think [like 189 hits in 2019], yet is not really talked about.
@JimDee885
@JimDee885 4 жыл бұрын
Learned a ton through the video, learned a lot through the comments as well. Thanks everyone.
@1959whitesox
@1959whitesox 4 жыл бұрын
I notice one thing most modern collectors are saying they lost money opening packs and investing in the wrong rookies Almost all vintage collectors that have bought cards and sat in them have made money vintage being older than 1970 Modern being newer than 2010
@claytonsmith716
@claytonsmith716 2 жыл бұрын
Ugh CENTERING!!! It’s gotten me, esp the top/bottom. Actually made a checklist for looking over cards now otherwise I forget until they show up and it’s too late. Photos it’s still so tough, passed on many cards that I just can’t quite tell because of angles, blur, etc.
@8mathdaddy
@8mathdaddy 4 жыл бұрын
Excellent tips. Thanks
@j1177o1
@j1177o1 4 жыл бұрын
My first biggest mistake was joining a player box break without looking over the set list and player hit information. I eventually found 130 point for that information. My second biggest mistake was joining another player box break on a very difficult set (Impeccable) even though I did check the player hit and did a probability of landing those players.
@dalekitto2610
@dalekitto2610 4 жыл бұрын
Thanks for the video very informative keep up the good work
@tedlogan5628
@tedlogan5628 4 жыл бұрын
May all your packs contain Gem Mint 10's and.......Be Excellent To Each Other!
@treverforland3219
@treverforland3219 3 жыл бұрын
Hello I’m just wondering what kind of card packs should I shop for? I have a pretty good grip on nhl packs but what baseball and football besides the optic should I look to purchase?
@DouglasLee9
@DouglasLee9 4 жыл бұрын
The thing I notice about cards is that the first year they come out, the most popular players values skyrocket exponentially. If you sell then, you can make good money. The second or third year, the focus moves to the new prospects then you can come back and get players back at a discount. Example, when Lonzo hit the market, he was trading high. If you sold after a year, you would have done pretty well. Now that he has been in the league a bit, his pricing has matured, and you can get a better deal for the long term hold. My mistake was buying into the euphoria of the first year and paying top price, only now to look at my collection with many losses and few winners.
@SportsCardInvestor
@SportsCardInvestor 4 жыл бұрын
Good one!
@albi7024
@albi7024 4 жыл бұрын
Wait, what if that player is Luka though? I think the example you used only works because Lonzo Ball sucks.
@DouglasLee9
@DouglasLee9 4 жыл бұрын
@@albi7024 i think luka and zion are for sure to go up. I would load up on luka now but wait a bit for zion to see if it cools down. I'm a bit behind but I just bought some of the panini zions with his duke uniform. They were affordable. Still waiting to get a. 9 or 9.5 on the base card. My example could be expanded, but dimembe mutombo comes to mind as hot initially but more affordable when prices cooled.
@DouglasLee9
@DouglasLee9 4 жыл бұрын
@@albi7024 I'm not a lonzo fan but I think he will be ok. We just expect players to be up and running from day one. If they get their 4 years then they can establish themselves. At least he changed his ugly shot.
@coldworldnoblanket9684
@coldworldnoblanket9684 4 жыл бұрын
Oof. That’s part of this game. Not all players will pan out. But my Top who will succeed due to their gameplay is Luka, Zion and Ja. There are many other players who can come up. It’s all a gamble end of the day.
@naththoau
@naththoau 4 жыл бұрын
Thats why I do not bother send it for grading. It cost too much and is too much risky.
@thecardguyau1279
@thecardguyau1279 4 жыл бұрын
Great video! Very helpful advice from someone who is new to collecting American sports cards. 👍
@cherd5343
@cherd5343 3 жыл бұрын
One huge mistake that wasn't a problem for this guy, but will be a problem for most others ........ Forgetting that you have to have money to make money. This type of speculation can pan out for a highly analytical/intelligent person with piles of disposable cash to throw around. However, the likelihood of an average person with average money achieving this level of activity is not likely.
@jeffmooney3991
@jeffmooney3991 4 жыл бұрын
How much does it cost to get the thicker patch/auto cards graded is it more? Also on the serial numbered cards are the cards that are the players number worth more than just any other random number?
@tedlipari3268
@tedlipari3268 2 жыл бұрын
Start sending to SGC. What's up with all the psa??
@zvolen
@zvolen 4 жыл бұрын
Great content as usual, thanks.
@manuelsalas1608
@manuelsalas1608 4 жыл бұрын
Great video !! Thanks for sharing your mistakes !
@Rossbrian1
@Rossbrian1 4 жыл бұрын
Buying boxes instead of singles was my early mistake... hit or miss on boxes and way to expensive
@mattportugal9668
@mattportugal9668 4 жыл бұрын
Centering is probably the single most important , and along with corner sharpness are the most basic of conditioning determination. Smh.
@chadkuebler8639
@chadkuebler8639 4 жыл бұрын
Do you have a link to the costs/instructions on how to send your cards in to get graded through PSA? I usually do BGS.
@EL-ERIC
@EL-ERIC 4 жыл бұрын
What is considered modern football cards and what is considered vintage football cards..all of my football cards are 1975 to 1996
@hoytstill3955
@hoytstill3955 3 жыл бұрын
Keep your mistakes. In 1990 I purchased some Fleer basketball cases and put them away for a potential retirement stash. In 1998, I bought a bunch of Barry Sanders rookie cards, including 3 score PSA 10's. Then he retired early. The cards I considered trashing (Fleer) because they were worthless back in the 90's, when the over printing became apparent, are finally paying off. And those $100 PSA Sanders rookie cards are looking good, not to mention all the raw cards I acquired of Barry.
@C.Baumann
@C.Baumann 4 жыл бұрын
Buy the card, not the holder. So many times early on I was buying vintage, where I would rather have had a PSA 6 with dinged up corners than the PSA 7 that had sharp corners that are off centered. I learned quickly, but those off center cards are though look at now. Someday I hope I can replace em with centered ones that look nicer
@secondhandsmith4845
@secondhandsmith4845 4 жыл бұрын
PSA is so backed up. BGS is the move right now. They're better for basketball grading anyway.
@chrisbuk7405
@chrisbuk7405 4 жыл бұрын
Stick with Prizm, NT, maybe Select for bball, bowman for baseball, and I'd say probably only buy PYT group breaks for football.
@clockerzapparel3399
@clockerzapparel3399 4 жыл бұрын
what is the most profitable brands to buy per sport as far as you know? Basketball, baseball & hockey
@hobbycollector1426
@hobbycollector1426 4 жыл бұрын
Great video man.im gunna check out your website today for sure.its sunday so it's all sports and ebay for me today.
@aroundthecornercards6132
@aroundthecornercards6132 4 жыл бұрын
How do you send things to get graded
@LorcanaDude17
@LorcanaDude17 4 жыл бұрын
I would look at Facebook groups that send cards in....will be cheaper and maybe get some advice about wasting money on cards that have no chance of a 9.,...nevermind a 10
@BTA.K7
@BTA.K7 4 жыл бұрын
How do you grade your cards
@ryanc9797
@ryanc9797 4 жыл бұрын
My biggest mistake was not selling my Michael Carter Williams auto rookie card 1/10. His market value was booming at the time and I thought i'd hang on to it. Huge mistake ...
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