BIGGEST Sports Cards Losses in 2022? How I Lost $5,000? 😡

[@mojo_sports]

Merry Christmas. I am live on WhatNot tomorrow 12/20/22 at 5:30 PT. Come Join below and bookmark the stream: www.whatnot.com/live/fe62a2c0-754b-4be0-9b9e-465feed78a94 Don't Forget To LIKE AND COMMENT your worst buy from 2022... Picking two psa slab winners in the comments

[@averyk93]

I'm glad to see a video like this. The whole reason I subscribed is because you mentioned a loss on another video where you sold a luka for like $1000 and then saw it go for $20,000. I can definitely relate. I've been collecting pokemon cards my entire life but like most people stopped around the time I was in college. In 2019 I was low on cash and decided to sell some cards on mecari. I knew nothing of graded cards and was letting a lot of stuff go for cheap. My biggest regret is I let a topps chrome tekno charizard go for $2k. I had pulled the card when I was 7 and held on to it for about 20 years. A few months later I saw the same card go for about 11k. I found out a psa graded card had gone for 24k. This is truly my biggest regret in the hobby. However this did spark a new love for the hobby as I dug myself into a rabbit hole of information in hopes that I never make a mistake like that again. This has led me to find new passions like marvel, star wars and sports cards. I hope I can upgrade my collection over time to have a truly great graded collection. I'm glad to have rediscovered the hobby.

[@wkhalaf4]

The worst thing I did was buy a bunch of retail and end up ripping it instead of storing it away 🤣

[@SportscardLyle_onIG]

You should never buy retail. Buy the card you want already graded.

[@harjimbaugh4234]

@@JoeKyser it seems like you have a gambling problem, maybe you should look into getting help.

[@jerridturner413]

@@JoeKyser 😂

[@armyatc22]

Storing it wouldnt have done anything either...Hobby is the only thing that holds true value

[@wkhalaf4]

@@armyatc22 oh well I ended up pulling a lamelo 🧬

[@offintheendzone464]

I just started truly investing and collecting about a year and a half ago. I remember before Ruggs incident I probably spent almost 800 bucks on rated rookies, rpas, rookie autos, etc. One of my worst buys ever. Totally regret buying into Henry Ruggs. Just shows how one incident can change so many things.

[@RickM23]

Thanks for sharing. Lots of lessons to be learned. I’ve been a collector since the 90s with MJ being the first player I collected. I only spend extra money I can afford to lose. I did buy most of my collection during 2009-11 when cards were cheap (my first job was also 2009 so I had money to spend). My “Best” investments: $1-5 rookie cards of Kobe, Lebron, KD, Steph, MJ autos at $200-400, Lebron autos at $150-200. I bought mostly card lots from eBay, several duplicate RCs of each player that I mentioned. Also graded my own cards, sold most of my PSA 10s to fund a free collection. My “Worst” investments: DRobinson, Shaq, Dwight, DRose, and anything bought 2021. Even if I bought cards during 2021, I didn’t go crazy. I only used money from my eBay card sales. My more recent PC/investments: Tatum, Luka, Tom Brady (before he won with the Bucs). Also FYI, I still buy cheap. I like to look for the cheaper low pop cards of players I PC.

[@ReQuest17]

When I was first got back into card collecting as an adult, I was buying a lot of cards online and wasn't aware of how common fakes were yet. But after I bought my first fakey, that was a quick lesson learned. From time to time I'll still find them when I'm buying collections or lots, but I've luckily not fallen for it as a single card purchase.

[@ReQuest17]

Are you down $5000 for the year, or just on the cards that you've lost money on:?

[@brodykasinger7737]

Worst investment by far was investing in Henry Ruggs before his incident. Was scooping up SSP's and Autos for dirt cheap and then the DUI crash happened. Almost made me quit sports cards until Micah Parsons saved me. Love the videos Jay, I'm from Manteca so it's nice to see a somewhat local guy in the hobby crushing it.

[@seanjohnson1858]

My worst investment wasn't a card, let's just say she's the ex wife now smh

[@nickpisani1721]

I just started collecting & investing in sports cards just before the NFL season started. My FIRST card I’ve ever bought, was a Romeo Doubs Turn of Century /5. Still have high hopes for him, But I overpaid to say the least. Definitely my worst investment so far. Learning along the way 😂

[@sp123]

The best way to learn the hobby is pick one player and compare prices for different sets/brands of their rookie year

[@Whatever069]

Just got into sports cards this year so buying as I’m learning. Bought too much too quick and on credit then the market dropped hard in October so yeah if I sold all my cards could probably break even. It’s been interesting. I’m learning retail is mostly trash that’s for sure. Also chasing some autos in F1 boxes with no luck. But I did complete a set of 21 topps chrome f1 sapphire and pulled a 1/1 so it’s not been all bad. Def a fun hobby.

[@WanderingWolf365]

I feel you, I bought a $150 card... and ruined it by trying to clean it with a Qtip. Ended up scratching the sh*t out of it. Just threw it in the trash lol - WW

[@mojo_sports]

Ah I know that feeling bro

[@lisazdankiewicz8846]

I collect a lot of baseball but I do not buy big enough cards to consider that I made an investment. The biggest card that I bought was a 2015 Donruss Diamond King 1/1 printing plate of Miguel Cabrera. I will never sell that one kol I like the Stafford. You have lost on 1 card what I get paid in 1 month on disability. If I had $1000 I would feel very very rich lol Maybe eventually the cards will go back up in price over the next few years. You just never know.

[@ambasketballbreakdown]

Bought a Trey Lance Prizm Red Ice and Graded. I was in for a little over $200. Came back a PSA 10. Sold it immediately the Saturday before he got hurt and made a couple hundred bucks. Lesson to be learned is to make a little money if you are prospecting.

[@adamrasmussen9939]

If you've speculated into a young prospect, and they haven't taken off like you thought, or they got injured, BUT you still believe they can make an impact in the future, it can still be worth it to buy the dip. I mean, if you're into those two Davis Mills for a combined $900ish, why not spend another $100 for a third one now, and lower your cost basis from $450 a piece down to $333 a piece.

[@mojo_sports]

What a breakdown!! Thank you

[@guywilliams6569]

Okay so if you spend $300 on a card, then it goes up like crazy to say $500 and you sell it, you then have $200 profit.. however if you buy that card back at anything over $200, it's costing you money! I don't know who came up with that idea of "sell it when it was hot and then buy it back later", but that's the dumbest thing I've ever heard! The only way that works out really well is if you weren't into the card for very much from the beginning, it went absolutely crazy and say 10x in value, and then somehow down the line you end up being able to buy it for 1X or 2x what you originally paid.. otherwise, with the time energy and everything put into it, it's just a wash at best!

[@khmer5591]

I went on a drinking/ripping spree with wifey and brother. Opened topps chrome. Not an issue. Opened Prizm and optic football. Not an issue. Opened them in the thousands. With grading and selling , made it all back plus some. During this time, bought illusions/chronicles basketball, opened like 2-3k worth, trash products, made maybe 5-700 back tops lol 😂

[@andrewshort7371]

I lost big on Tatis and I learned that you can either take the loss or just hope and pray for the comeback! And in these “down times” I’ve enjoyed building my Chicago cubs pc like I was a kid again lol that night moves is sick!

[@mojo_sports]

Cubs!!! Ya’ll got stacked up on good players

[@lightseek88]

The comeback will be epic bro, could possibly revive the whole market if it happens perfectly.

[@calinaganking]

The worst purchase I’ve made was some WWE Next and I was just so disappointed in the quality of the cards for the price. And I also bought about 10 retail hangers of nba select for $20 each and nada, no good pulls, not even a decent insert, rough 😒

[@loulip3043]

Seriously, I dont lose money..My strategy is that I only buy superstars i.e. Kobe, LeBron, Jordan, Brady etc. The 9nly rookies I buy are rookies that I actually know are going to be 🌟 like Joe Burrow etc. If I to sit & guess about a card if its going be a good investment I wait until that player actually accomplishes smthg significant. The only time I invest in Rookies is "if" I buy a 📦. I take my cards & only grade the cards that I know will get a high grade but I only grade at the cheapest service level

[@aaronpayne3342]

Lance and Mills are still young. Not losses yet. I held a Kaepernick RPA for over 5 years thinking it was a total loss. I sold it this preseason when he announced his potential comeback and got my $ back and some.

[@Bnguyen276]

I don’t know yet but I’m heavily invested in haliburton, bennedict marhurin and Astros #1 prospect pitcher Hunter brown. Spent thousands on those three. Haliburton gave me a scare the other night.

[@hughporter399]

The worst mistake I made was buying any cards in 2020. I paid 150 for a base JD Martinez PSA 10 and 220 for a Topps chrome Acuna PSA 10!!! Lol. I actually think right now is a good time to buy Durant cards. He is a surefire first ballot hofer and his cards are dirt cheap!!!!

[@dmavs4131]

I took a lot of Ls in 2021. 2022 I focused more on investing in the S&P 500. It’s down too but it’ll come up eventually

[@dean-marr]

Not enough folks admit their losses. Great video 👍

[@darksteeltorqueo4397]

I haven't taken many chances on newer players. But have lost money on goats. Lebron, Curry, Brady, Kobe etc. The market just continued to slide but I have to say if you started collecting late in 2022 you were better off than those who were buying in early 2022.

[@JosephDaoud87]

Worst Card Jordan PSA 3. Bought it to put up in a flash on Facebook as one went for $5200 US so I went our and grabbed one for $2300 thinking I'd flip it for that 5K. A flash is a raffle where you got 1 hour to get as many people to buy a spot at a buck each. Well ended up getting only 2750 people and after fees and bs I was plus $50. Thinking I was going to make 2500 and manged just $50. Oh well. Live and learn

[@CoreyInCreamCity]

Thats not content its drama

[@mojo_sports]

😆

[@pedrocirino5695]

in terms of sports card value, this world cup made absolutely no sense whatsoever... i bought a couple nice CR7 2006 WC RCs a couple months before the WC expetecing they would double in price right before and during the event and the value was cut in half.. Makes no sense!!

[@casecards6018]

My worst investment was Topps Project 2020

[@ToneyDiamond225]

Mojo is a great card KZbinr, sent some fan mail my man!

[@stop....hammertime]

I just build houses, and collect. My cards go down in value, and that's alright, cause it's not about the price to me, but the memories. (Been collecting 80s and 90s autos, rookies, etc, of my favorite players when I was growing up) Have a great Christmas!

[@ictesting]

What wasn’t the worst move I’ve ever made?!? I bought a too good to be true Kobe rookie auto for 600 from a shop owner I thought I was cool with. He acted weird around the sale and I’ve never gone back. If it’s too good to be true, it is. Be smarter = my lesson.

[@mojo_sports]

Valuable lesson. Sorry that happened bro.

[@ictesting]

@@mojo_sports I crumpled it up and threw it my fire place a while back. Its still in there haha, Im about to pull it out, flatten it back out and frame it. A "valuable lesson trophy" to be hung up in my office 🤣😅

[@samnedar5500]

The Good thing from your Vlog to me, since 7 month ago when i saw your vlog i start to collect Sports Cards, even in my country Indonesia ( i live in Central Java) Sports Cards little bit difficult to find, but it doesnt matter. I start to collect Old Style like : Kareem Abdul Jabbar, Larry Bird, Patrick Ewing and Scottie Pipen. Btw Im now 55 years old, but my opinion age doesnt matter. Sports Cards open my mind about other possibility of investment. Thank U 👍👍👍

[@horrorpropsrus979]

My worst buy was at the time I spent all the money I had saved from cutting grass and doing yard work on Grant hill rookies. Had almost every major rookie card of his. As you know what happened after

[@Stackitupmetal]

Ive been collecting vintage Diego Maradona

[@talkoftheyoc]

Just bought a ‘03 Lebron Black Refractor/500 mint 9 yesterday for $15k. Think one sold for $91k during the pandemic. Couple sold between $31-$41k last year. I’m taking the risk. Don’t speculate. Just buy goats.

[@izzycc5573]

GREAT VIDEO LIKE ALWAYS, CURRENT INVESTMENT TREY LANCE PICKED UP A COUPLE AUTO CARDS SLABS/ RAW... BUT BACK IN 2017 I WENT CRAZY BUYING KAREEM HUNT AUTO CARDS, I CURRENTLY OWN 46 OF HIS AUTO CARDS.. CURRENTLY IN A BOX PUT AWAY.. ONE OG MY BIGGEST BAD INVESTMENTS.

[@Phd-games-toys]

Are they mistakes or just what the market is now

[@JackGoBigOrange]

I just started collecting , and I wasted 500 dollars buying single hobby packs , not really knowing I wasn’t gonna get anything . All I got was a silver Scottie barnes Prizm rookie and a rated rookie rj Hampton auto.

[@redbeardsfireworksshowcase]

Worst investment- SF Giants Minor leaguers that fizzled.

[@natekruse8195]

I had a lot of mistakes in my first year of collecting but also had a lot of fun!

[@mojo_sports]

That’s what counts!!

[@clauspage]

First of all , thank you for the cards, and stickers. I’m starting slow, I’m really looking at the Baseball, before the season starts, Pena, And up and coming rookies. Being a diehard Texans fan, I have to admit, when you were talking Davis Mills, I thought you had more faith in my Texans, then me. Maybe it was the Stanford that got you. Lol. Have a great one, thanks again.

[@guywilliams6569]

Do not "buy what you like or what you love", "you" can be stupid and emotional... Buy INTELLIGENTLY!

[@alexcheshier384]

I spent alot of money on football earlier this year and unfortunately all of it has taken a significant loss...I've kind of stopped collecting football...every now and again I buy some low end kenneth walker but that's about it...

[@alexcheshier384]

Mojo...I'll buy that dame for 50...Dame's py pc... I grew up in Portland so that's who I collect!

[@dk_displays]

I didn’t have any bad buys I just didn’t sell as fast as I could have! Conor McGregor 2017 Chrome base PSA 10 for hundreds each (I had 2 of them when the POP was between 10-20) now it’s about $75 card. Stuff like that

[@mojo_sports]

Do you think Conor will come back?

[@dk_displays]

@@mojo_sports yeah to entertain but not to chase a belt… he did that legendary, grind already

[@Card_Threapy]

Dude your a famous collector you got 40 to 50 years of have fun and get educated !👍😎

[@mojo_sports]

Experience memories and fun

[@herbertballin7]

worst investment was buying cheap slabs before knowing they were cheap cards.

[@bigcitysports9369]

The worst was Zach Wilson as diehard jets fan you would think would have learned from Sanchez, Darnold but NO the guy I wanted was FIELDS and boy was I right having Fields with what we have on offense would have been SCARY!!!

[@systemtrend3194]

Pretty much everyone that bought in 2021 and early to mid 2022 that is still holding is likely down. Just the way it goes. Of course i'm not talking about down overall because you might have cashed in at the peak as well, but down on each individual purchase. I bought a ton of Marvel stuff and now it's down like 40-50% on a lot of stuff.

[@wassasnipez]

My biggest hobby loss is ripping wax of course 😂 but other than that it had to be not selling my wander red ink real one auto redemption when i pulled it hoping i could grade it and get a premium. it took 4 months to get back and by then wander had already been injured for most of the season. value went from $5k to $1500 with a 9.5 grade

[@2WheelB]

i put everything i had gained from sports cards into a 5/5 brady auto at the east coast nationals this year and i still cant find a buyer . so i deff get your brady point lol shit sucks, but that being said my taking from it is if all these cards are worth nothing one day .. /5 brady autos wont be something that isnt sought after still

[@thepyrogypsy]

Christian Yelich PSA 10 Topps RC for $160 and Yordan Alvarez PSA 10 Topps Chrome RC for $120 back in 2021 were my worst buys. Convinced me to stick with dollar bins of my PC cards lol

[@70roko70]

I’m not much of a card investor but my biggest regret was definitely not buying into the Jalen hurts hype before this season. I wasn’t sold on him and I was proved wrong.

[@somervib]

picked up a Lebron James rookie and sent it off to SGC and it came back as a 5... I was honestly thinking this was a 10 but found out that it had a small indent on the top left of the card. Good thing was it was a trade for some cards I was looking to move.

[@anthonypereda3376]

My worst 2022 investment for sports cards was selling my Brock Purdy low numbered autos DAYS before he hit the field. As a 9er fan it makes me happy and mad every time he performs well lol!

[@shaunriggs7911]

Always love the energy and the honesty. My worst mistake was trading some autographed Star Wars low numbered cards for some football memorabilia. I got caught up in the moment. The Star Wars stuff I had got super rare. No more memorabilia unless it’s for the PC.

[@GroundPickle]

Ooooof my worst sports card investment. Almost all hahaha LoL all jokes aside I got hurt on soccer this year expecting the world cup to be the time to sell but I guess I'll throw them in the safe for a while and hope one day they go back up. Cheers to collecting

[@kenstrohmeyer5355]

I was buying rookie cards of my favorite college qb. A lot of them! Every one I could find. He was drafted and I figured I was going to get in the game before anyone else caught on. Well he got cut and gets on a practice squad every year and get cut again. His name is Jake Luton from Oregon State….

[@jacksonmanhart]

The chargers 😂😂

[@tobyisgoated3012]

Worst lost this year was probably a LeBron 2003 Topps PSA 8. What I learned this year was to stay away from investing in base regardless of how good the player is

[@AcerArris]

The worst loss I took on a card was a Topps Tripple Threads Brett Favre Auto. Got for trade bait, but of course Brett had to be an asshole and steal money from the poor to pay for a stupid volleyball stadium. Somethings you just cant predict lol.

[@michaelkurt2554]

I came up watching sports in the 80's and loved the NY Mets. Invested in the whole team and had rookies for the entire 85 team. They all ended up being drug addicts, alcoholics and wife beaters. I guess Im just glad they werent part of the steriod sluggers. Also invested in McGwire and Canseco among others. Between that and my Manning led Colts being outshined by the Pats and the Pacer's basketball brawl, player involved shootings and bar fighte... i was done with sports cards. I started slowly buying boxes and sitting on them. I'm just now starting to open and catalogue the cards from the late 90's to early 2000's. Thanks for a very informative and entertaining video!

[@joshuaammons5093]

Rui Hachimura, I have been buying him since 2019. I can't stop no matter how much I try. At this point, his prices are so low that I might as well keep going.

[@2UGamingProductions]

Switch to chet

[@paulcao3186]

I'm also Rui collector but have slowed down in buying cards of him this year. I still have hopes for him though. I think he can do better elsewhere than staying with the Wizards.

[@mattskaggs5813]

Almost everything has came done in value inthe last 9 months

[@mojo_sports]

Who u buying now

[@b-nuciproductions8313]

Few worst mistakes I made were opening retail wax , selling some stuff too early and panic selling. It’s the worst. Bc yes I made a little $. But could of made more

[@dangalloway5683]

I think the moral of this story is to stay away from Panini.

[@michaelswetech6309]

Hot take - what would you sell the gold Favre for!? 😅

[@lesterlim7657]

MOJO!! I TOLD YOU ARGENTINA!! My biggest loss this year was putting $150 into a Jared Goff rookie triple relic auto and just flipped it for $20. 😢 You win some you lose more. Haha. Happy Holidays!

[@bigboylife5463]

My worst investment was Mitch Trubisky…. Ugh

[@Caligrown92511]

Mehh I wouldn’t consider Trey Lance a loss. He’s had horrible luck with injuries his first 2 seasons, you never know how good be can be. Remember when Curry got injured and multiple ankle surgeries his first years in the league? When the Warriors actually considered trading him to the Bucks for Bogut? Lol obviously not comparing Curry and Lance’s talents but you never know what Lance can become so just hold on to the cards, it’s gonna be a LOOONG term investment lol

[@mojo_sports]

Dude I totally remember that curry years of collecting. Brandon Jennings was the guy along with Tyreke Evan’s.

[@s.macintosh-jc9rf]

Unfortunately Kevin Durant is a super talented athlete who has an ego problem, at least to me. He has the world’s biggest chip on his shoulder and I for one admire his skill set but I don’t care about him one bit. I realize that he could care less about my opinion or anyone else’s opinion.

[@sca3744]

I loss a lot in box break fyi this is not put way back in 2020.. now I'm so upset.. I don't know how will I get my money back.. I don't have a luck in box break.. now I don't do anything as of now in hobby I just watch.. have a great day..

[@barfyman-dm6zx]

I'm glad 'investors' and 'flippers' are losing money. Means us actual collectors are getting better deals👍

[@guywilliams6569]

That Russell is a keeper... He'll go HOF... Just hold it!

[@tyleryoung3284]

My worst investment this year was Jerred Kelenic and Russel Wilson.

[@mattlonas5998]

My worst recent buy was a kevin witt jr bowman chrome sapphire psa 10....right before the season started...lost almost 700 bucks...hope it rebounds!

[@jimschlegel5150]

Honestly my biggest loss this year has been simply ripping packs I know i shouldn't buy. So much money in one off packs i don't collect... just looking for that dopamine hit.

[@mojo_sports]

It’s fun tho!!! But I get that as a loss

[@Rawasf____]

Chase claypool was my worst investment of 2021…I feel you

[@mrdrumz48]

My last big mistake was I invested a lot in Goff with the Rams.

[@jasonschumey7380]

20 years ago I bought a Michael Jordan rookie card for 350 not knowing it was fake, it's worth noting. I thought I was getting a deal 😕

[@mylescowling4725]

The goat has uploaded 🎉 amazing video and thank you for sharing this side of the hobby that a lot of people don’t talk about and my worst sports card investment was buying Big Mac Jones cards and they just lost me so much money when he got hurt but we move on

[@JohnnyClutchCards]

the worst investment was Jameis Winston. Didn't spend too much so I didn't lose too much. Lesson learned.

[@guywilliams6569]

I've always thought KD was overrated...

[@ryanhautau]

So far my biggest or worst buy of the year was Cole Anthony Purple Optic Rookie Auto. Love the card but man I thought I had a steal... but now it just sits. Lesson I've taken... #d or bust lol

[@carterjames1551]

love this video..Great to see losses instead of wins. As you said, this is great way to learn. I spent a bunch of money on bulk cards hoping to find some gems and missed out completely..

[@mojo_sports]

Facts bro. I just know that I can get 1% better every time

[@matthewritchens1023]

Adam Morrison. Dude was my hero, as a fellow type 1 diabetic. For anyone who remembers, this guy was touted as the next Larry Bird haha. I have every parallel of every card pretty much, including numerous 1/1s. I now talk to him on Facebook 🤣🤣🤣. Would still never sell or trade any!

[@Tradingcarddiaryuk]

Also when I started collecting I brought quite a few donruss/score/prestige etc base for my pc from eBay for like £3 for my pc with no idea they are worth peanuts and could of got the whole set of base from a Facebook group for a couple pounds.

[@nate7palm226]

Worst thing was just too much wax lol I'd love that Fields or something!

[@mattt.2509]

Jared Kelenic was a rough one for me this year 😂

[@mwroberts79]

My worst investments in 2022? (Maybe 2021, can’t remember) a blue mosaic # to 99 of Lebron. Paid $325, now $60… Luka prizm RC paid $350…now $85

[@MrMjimenez27]

I have a few: Zion Williams David Wright (NY Mets) I learned to slow down and not believe all the hype. I now sit here wondering if I should keep sitting on them or just flip them.

[@mattspacks7797]

That’s not content, that’s drama.

[@brianbrown7786]

Davis Mills and Zach Wilson bad beats on my end.....

[@rtssportscards]

I invested heavily in Bobby Bradley of the Guardians he was raking so many home runs in the minors so I expected him to be an above average power hitter in the majors but he just hasn’t panned out 2 years late I’m stuck with a lot of Bobby Bradley. Appreciate the chance at the giveaway!

[@relaxworld7486]

My worst was buying big Markelle fultz😢

[@jc_cards81]

Biggest L ben simmons Biggest W 5-10$ lbj kobe luka cards

[@ousley2559]

Bought a ton of Kyler Murray. He then lost all his weapons and eventually tore his ACL. Learned not to put all your eggs in one basket. Haha

[@JohnWilliams-wz9vk]

My derek carr bowman chrome rookie lost 150..that's the worst..cause I bought Josh Allen rookies deep..2 years ago.. BGS PRISTINE 10 2018 OPTIC HOLO JOSH ALLEN...2018 SELECT RPA 11/25...ALLEN...PSA10/10. 2018 PANINI NAT CONV FOIL POP 1 JOSH ALLEN...PLUS ABOUT 20 OTHERS GRADED..AND 50 MORE RAW

[@jamvan1000]

Worst investment I've made was Sekou Doumbouya rookies

[@generadon9079]

Bought a bunch of David Johnson cards. Thought he was going to be a hofer lol after few years he was doing good & I had offers for 1.5x book &didn't sell. He went down w/Injuries and never regained form lol live & learn