10 Sports Card Investing MISTAKES I Wish I Knew Sooner (HARD LESSONS!)

[@EdwinLap]

I think one thing that is not often discussed is the "addiction/gambling" side of the hobby.

[@MeM.Card.Collect313]

It’s not discussed because guys like this want us to max out our credit cards on their what not streams.

[@papercitygamerjeff1437]

Crazy how people way over pay on whatnot streams for the excitement of just winning the auction

[@PropiaPersona]

Hey shut up thats bad for business

[@EdwinLap]

@@papercitygamerjeff1437 That is what whatnot does through. it is a wild ride, if that is your thing.

[@EdwinLap]

@@MeM.Card.Collect313 I disagree with that. Jeff Wilson is a good guy and and has helped the hobby growth (whether you like him or not).

[@Nova97-k9r]

I agree with focus when collecting. I was guilty of trying to collect tons of rookies and cool cards and basically anything I liked at that moment and thought was a good deal. I quickly learned that I spent a lot of money on stuff I either didn't want or wasn't worth that much later on or both. I collected players who were on my favorite teams at that moment, but then once they left or were traded, my emotions towards them usually changed fast. Thats why I started collecting players that I really liked and those that my feelings towards them would not change if they moved to a different team.

[@joshuashoemaker5671]

Love videos like this, I think it really helps the community. Me personally follow a few rules for my collection…. When “investing” I look at guys that are 8+ years into there career and show hall of fame potential( Arenado, Altuve, etc), when buying vintage( collecting), I buy the highest grade I can afford( 80’s are all psa 10’s with a few exceptions, 70’s are psa 8’s, 60’s psa 6, etc), finally, worry less about the profit and get more of what you love ( Tebow for you, low monetary value but huge return in joy of looking at your collection) great video fellas

[@RickM23]

#1 mistake is spending more than what you can afford. I know people with huge credit card debts chasing cards and breaks. Stick to a budget and just be patient for deals.

[@foodchaser716]

I agree

[@ohtanipsa10]

#1 listening to SCI investor advice during COVID. Enjoy your content but that’s facts.

[@crazykev6491]

Listening to ANY influencer is a mistake. Use your own brain and gut feeling. Study trends

[@crazykev6491]

Listening to ANY Influencer/dealer. There’s always something on their agenda..Use your own brain, Learn trends, use your gut feeling, buy GOATS! I hate to use this analogy, but how many people would still be here if they hadn’t listened to 9-1-1 dispatchers and other officials to go back inside the building during 9-11?

[@SportsCardInvestor]

Funny enough, T-Pott just did an analysis of my basketball card picks from my video back in late 2019, and they are up about 33% as of today -- far better than the average basketball card.

[@ThomasChavis-v5c]

I've been collected since the early seventies just got back into it at the last couple months but I don't do it for the money value

[@tomsnowden6201]

I tried to get into it a couple year ago, I was a 90s junk wax kid but this fake scarcity and numbered cards and parallels etc etc. it’s ALL about money. Ppl even call it “investing” 😂

[@tonyconte9345]

You think the junk wax era was bad. Just wait when all these numbered parallels go down the tubes! People need to wake up and save their money from all the junk being made.

[@wydellbirchwood9146]

But it’s a 1/25!!!

[@jstevesonfire119]

Bro I couldn’t sell a /99 Jokic to my local CS!

[@itsgeoffwilson]

There is some truth to this for sure.

[@KK-pm7ud]

@@tonyconte9345 Breakers getting destroyed on that expensive Wemby product right now

[@cute-e-degen-kf8rf]

conspiracy to get every1 into nfts. thats the future

[@robertredmon5409]

I( just got back into the hobby not long ago and i was overwhelmed with all the choices so i just had to narrow it down to what i really like. I'm a lifelong O's fan so my new stuff is all current O's or O's prospects. I only buy the singles i want. I really love the look of Bowman Chrome so i've focused on 1st bowman chrome low serial numbers if i can find them. If i get lucky and one of the prospects blows up that i don't have a lot invested in then great and if not i still have rookies of players on my favorite team.

[@staleprad]

“Rare doesn’t equal value”….so true…just because it’s pop 1, don’t mean crap since no one wants it …there’s cards that are more common, but are in high demand, that’s more valuable

[@crazykev6491]

Exactly!

[@jeffw654]

In the end you never know what someone's high bid was. So you could have bid an extra $2000 and still come second, but you will also push up the comps that will make it harder to buy the next time the same card comes up. Sometimes an extra 5 cents could be the difference, but mostly you lose by a full bid increment so the winning bidder's high bid will be a mystery

[@leehaskins307]

I think the main lesson in this video is that statement they made there are only 1 or 2 generational players at a time…so who r they thru time ? Jordan, Brady, Gretzky, Ruth, Chamberlian, Montanna, Howe, Mantle….Ali…rice, but they did not talk POP counts… mahomes they mentioned has SO MANY CARDs compared to the list I gave.. which makes this list must better then mahomes cards...

[@scentualobsessions]

That’s why my uncle only collects Michael Jordan. He said that Michael Jordan will always go up and never go down and value and he made a good point that people like Michael Jordan only come around once in a decade if you’re lucky to find out one person and hold onto their card from the beginning is hard to do.

[@scentualobsessions]

@@Backwoodscards yeah I’m not talking about your basic Jordan cards. I’m talking about some of the inserts and more rare cords of his but regardless, they still never went down in value did they?

[@leehaskins307]

@@Backwoodscards agree on the junk wax cards… you have to have the 80s fleer and inserts and numbered cards. they are WAY WAY UP in the last 20 years… jordan does have many junk wax cards that will never be more then 3 or 5 dollars… agree

[@imperialmoose]

Great advice from top to bottom here. Real talk all the way through.

[@Hectekk]

Very valuable info, thanks.

[@Collector922]

#1 is so true….I have a bunch of junk wax I don’t even want bought an entire collection for $70 at a garage sale 20000 plus cards. Dreaming to find maybe something older worth money. I can’t even sell 100 card lots of hall of famers .01 starting auction price. This winter they are going to be excellent for the fire place 😂.

[@caolanhogeweide6555]

Yes, fireplace or cheap wall paper. Something I've always wanted to do was completely cover a room or wall with wax pack era cards.

[@jak77lezgo]

🤣

[@stephenmcconnell4302]

Just double check if they are any hall of famers or guys that have passed away people like that even at a dollar on Mercari I buy from there anything over 30 cards I get for 50cents

[@Collector922]

@@stephenmcconnell4302 I have ALL of the all time greats from 85-95. I knew buying it most of it was worthless but figured I could at least sell lots of HOF to recoup my gamble. I was hoping for a 52 Topps collection to be hidden in there lol. The only thing that sells from there is Griffey and Nolan Ryan. Got about half my money back on that dumb purchase. It took me 2 weeks to go through every card. That being said I’ll never buy junk wax again.

[@tomsnowden6201]

lol jfc morbid

[@jak77lezgo]

#1 mistake I made was buying cards as an investment to flip it, now I only buy for my personal collection

[@crazykev6491]

I use the hobby to buy for PC too. Buy raw to grade then sell to buy for PC

[@bryanblankenburg]

Just getting back into it after a 15 year break; from the year I've been back you can really see how the MLB cards seem to hold value better and the NFL cards just cant. I had 20k football cards from when I was a kid and they dont touch the 5k mlb cards I had.

[@danielhayes955]

You have help me alot, I only listen to you, it's because I want to listen to one person, yes I know everyone make misstakes, but your the best to me of helping everyone out

[@patrickcrabtree3162]

I look at collecting cards as a hobby and something i do for fun. So I don't spend much money on it. However. I hit something big, mabey I reinvest or just pocket the profit. But as far as investing to turn a profit, ehh, better ways than card collecting for sure

[@theirishhammer9108]

I literally stopped buying in August ... the amount of money I spent vs the value was a net negative investment for me. Now, I WILL continue to collect those items that I like that I will always keep, but chasing rookies (oy vay! Wander Franco!), and trying to get autographed cards (ya.. I never get Ohtani, I end up with the Bombo Rivera's of the league!) never works out for me. That said, I'm smart enough to not drop $10,000 for a box of cards. That truly is gambling. I think the hobby is about to hit a wall ... prices will crash, especially with what's going on in the economy.

[@tomsnowden6201]

Idk the split is mostly between classes, the rich have more than ever to blow on stupid garbage that can’t do anything for you. The poor look at it like it’s “investing” but it’s like a scratch ticket so they’ll continue to buy hopeful of a quick way out of the gutter. It’s just sad to see these prices. $500 for an unopened pack of 1st gen Pokemon cards? Insane across the board.

[@bigbossbreaks6479]

oooh... I bet you are regretting the Wembanyama Mercury now and in the following years

[@jarodbissonnette3723]

I’m addicted to Geoff’s black shirts!

[@Baily04]

Steve Jobs x Geoff Wilson

[@itsgeoffwilson]

lol

[@ArrowoodsHobbyShop-Ebay]

Appreciate the content for newer folks

[@Nova97-k9r]

I agree with the part about people thinking every/any error is worth a fortune. Ask them, "would you pay $500 for this error card? No? Then good chance no one else will either."

[@stephenmcconnell4302]

We should start a petition to have Daryl strawberry inducted to baseball hall of fame

[@animalmother53]

Idk, I made a few hundred bucks grading and selling some of my junk wax. A few PSA 10s of Bo Jackson, McGwire, Etc…I’m happy

[@creeper2054]

The reality is that some of that junk wax they discuss is worth quite a bit in a PSA 10. That is the answer for people trying to find value in it.

[@MikelTulp]

#1 Rule Timing is Everything. A $8 Kerry carptner auto #/150 from 23 chrome plat .i had was able to sell for $55 because I listed it within 1 minute after he hit the homer that won the tigers game three against the Mets. That card now is back to ten or lower, Topps update in 2024 that are selling in the first week after release are going to be artificially high, worse time to buy but right time to sell

[@beckchickillo742]

Glad to see you are finally admitting you didn’t quite have a clue what you were doing …

[@hardcourthof]

Speaking on other football players beyond quarterbacks .. I think the whole "Jerry Rice" and "Deion Sanders" cards being popular is fairly new .. kind of like "Hakeem Olajuwon". Hakeem has been the bottom of the barrel since forever .. I think it has something to do with the new generation looking back and deciding who they think is worthy. All I can say is "It's about time!" lol Great content guys!

[@MountainDreamSportsCards]

Great vid. If you think the junk wax era was bad, just wait for the next years in the future, where base card star player rookies are worth $.10 instead of $5-10.

[@warhammerfaction]

Chets value dropped 30-40% since his highs.with his team I think now is a decent buy time if your willing to sell if they win a ring within a couple of years

[@Andrew-hq2ku]

Hey Geoff, I listened to your advice and invested all my equity into high end Will Grier. What should I do now? Ride the wave and wait till he pops off?

[@coopstain1728]

LMAO! I hope you are not serious dude. You have to be joking. Anyone with a brain would know not to do this. Geoff wont answer b/c he wont admit he was WRONG about Will Levis.

[@Andrew-hq2ku]

@@coopstain1728 ya unfortunately Iam bankrupt and my partner left me because of it. Geoff said he was so confident that it was 4x better investment than Kyler Murray! What should I do? I’ve tried reaching out to Geoff and he just ghosts me.

[@ahalliday76]

I am an Accounting Manager for a manufacturing company. Always validate new bank transactions via phone call. Geoff should have called the shop directly to validate the transaction was legitimate.

[@scentualobsessions]

Like my uncle says, he only invest in Michael Jordan because Michael Jordan is only gonna go up in price and never go down so his whole collection is nothing but Michael Jordan and he made a great point with that

[@darius5396]

That is my rule with lebron and steph curry

[@scentualobsessions]

@@darius5396 you have to figure people like them only come around once in a decade and not every rookie is going to turn out to be one of those guys

[@creeper2054]

And you can add Kobe as well.

[@t206kid]

#1 mistake is listening to other people

[@alsanti72]

Sad how some of the great players get no love. I believe i have done all the wrong moves but I am learning from them now. lol

[@lauracook2810]

People are disrespecting Dikembe mutumbo rookie card prices they should be worth way more

[@caolanhogeweide6555]

Dikembe has tier 2 value. He wasn't an Iverson or a Jordan. A great player, but not in that high demand category. He RC'd during the wax pack era.

[@LBg-dl9el]

He has college cards from his days at Georgetown.

[@kutsous9342]

Excellent info!

[@myk415]

Pulled a Nebula one of one LeBron James Sheesh over the weekend from Premium Stock. Trying to figure out comps for the card so I can move it. Can you help?

[@m_nine_hobbies]

37:15, My very first pack in my first box of 2024 Topps S1 Jumbo earlier this year had a Larry Walker Topps Reverence Patch Auto 1/1

[@animalmother53]

I only buy cards that if I can’t sell them, I’m happy to own them long term.

[@jasonh289]

This is why alot of modern cards are super inflated...., most of the players havent achieved anything yet and most likely wont yet they are priced higher than HOFmers.

[@douglasangstadt2896]

Because people like this, again I say pieces of shit, breakers say a numbered cracked ice nick Claxton is worth more than a rookie tim Duncan. I hate the hobby now and at 49 years old, this saddens me. 40 plus years of enjoyment and now I'm probably done and will sell my collection off as fire starter ....shame on huge card shop (you tube channel) guys, card companies and me for not seeing it sooner

[@Opticprizm]

Football is tough 🏈 because one second your Star QB is ok , then next play he's laid out on the turf and his season career could be over, its risky stress

[@montana01]

Joel embiid went dirt cheap after a season or two. Picked up a gold prizm pulsar Rc for 40$. Today with the print counts and wax prices , you’re not going to see many 10-20x increases.

[@StrictThorn12]

I bought my Ohtani RC the day they went to the WS.

[@jude999]

Buying anything during covid

[@thelasvegaskid]

I’m trying to buy some of Brady serial numbered rookies, long term I think I’ll be fine.

[@chrishayes4166]

While it's technically true pmgs weren't popular 30 years ago, it's probably more accurate to say pmgs didn't exist 30 years ago 😅

[@jak77lezgo]

#2 Being a prisoner of the moment

[@MikeMcDonald-cq2ry]

Brock Bowers .... lock it in...

[@josephedwards6919]

I said from the beginning kenny picket wasn't going anywhere but omg the money people were spending on steeler card breaks was crazy

[@imperialmoose]

T-Pott is the best voice in sports cards KZbin!

[@PeaceToAll-sl1db]

I buy wax to hold (never open) and HOF rookies and HOF autos - nothing else is worth buying in my book.

[@Lebowski_Sports_Cards]

Thinking sports cards (modern/ultra modern especially) are actual “investments”.

[@schweezie]

🐐 Tim Duncan 🐐

[@cryptomamba824]

14:50 what do you mean Mahomes is 5-0?

[@t-pott4504]

The Chiefs are 5-0 5 wins 0 losses

[@cryptomamba824]

@@t-pott4504 my bad I thought we were talking superbowl wins

[@vintagesportscards8265]

Investing in cards is mistake 1. it’s backbone is hobbyist hobbies get cut when money gets tight. Real estate, precious metals market that’s investing.

[@terryalexander563]

WHY are Derrick Henry's cards STILL so cheap??? Is it because he's quiet and a little shy? I think he's definitely a GOAT but his cards, wow. I bought a NT card of his for $20, without checking MM which I rarely buy a card over $5 without doing and it wasn't worth $20! Luckily I sold it for around $40 but I was lucky.

[@Alma-B]

buy the tay tays which will perform better than any sports bro over the long term 🤔🤔

[@jasonrocksvegas]

Most QB'S are busts with a short streak. Buying Retail boxes is losing money like slot machines more losers than winners. Goats 🐐 is where the 🤑is. Period.

[@andreteutloff8987]

I'm stuck with 30psa9s and then the 10s hit the market.

[@rage508cardsngrails]

Will grier is a 10 time better investment than the dodgers SS Bo Bichette Jackson!

[@Andrew-hq2ku]

😂😂😂😂😂😂😂😂

[@Caligrown92511]

The 100% long term safe investments are Curry, LeBron, and Mahomes.

[@Andrew-hq2ku]

I believe Will Grier is at least a 4x better investment

[@TheBen8355]

LeBron is not allowed in my collection at any price point. I think many others feel the same way.

[@davidsimmons177]

This was a cool video I did like it. But this in my humble opinion should not have a “10 mistakes I wished I knew” title we as an audience expect these to be short and concise and be numbered. This was kind of a long podcast type video. Just my 2 cents

[@jeffreyfarmer9173]

Love seeing TPott on here. But let's be serious, you made him come on to save you paying a guest because he cost you 800 dollars rippingwax. Lol

[@caolanhogeweide6555]

I'm worried about Ohtani card value. I think there is a psycological barrier to card value once a card hits 500 or a 1000.

[@KK-pm7ud]

Now is the time to sell his cards.

[@jasonj.6276]

I have always treated this as more of a hobby and less of a investment.

[@chriskrumenauer3126]

Buying Topps Mercury?

[@Andrew-hq2ku]

😂😂😂😂😂😂😂😂😂

[@blakesbreaksrips7088]

Jalen Williams will be the star of OKC this year.

[@hustlecrowe9440]

#1 Listening to youtube 'influencers' who are out for their own bank account and don't give a fuck about the hobby.

[@Toppstraded13]

Without true collectors these cards are worthless. It’s game over when real collectors decide enough is enough. The gamblers and flippers won’t have anyone to sell to

[@bobbymarrs4406]

Geoff go to more small shows, no one is putting a downtown set together lmfao.

[@Chase-tr9ry]

Mccaffrey

[@ASCX770]

Yeah i should of bought shohei bowman auto before it boom

[@deadlyredly]

I started collecting in 1979 and figured out everything you had brought up in this video back in the early 2000s, so I've had some good laughs watching you make bad decisions over and over again over the past few years. That being said you sound like your not fully there yet with comments like thinking there are 2 or 3 QBs out there right now that will be the next Mahomes. The odds of that are probable less then 1%. I collect only the top 20 to 25 players from 1980 to current and haven't pulled the trigger on one of the current superstar studs that came into the league around 8 years ago and has been an all star every year & his cards are now worth half of what they once where, so no rush to add and him but once I feel he's worthy of being in my collection I will grab one at its true value when his career is on its downside.

[@foodchaser716]

The beginning is to zesty

[@danielhayes955]

I don't think some understand what they are doing, you may have 1 of 1, but is thier card a rookie card

[@Opticprizm]

Shadeur Sanders 30+ year GOAT Prediction 😢😅

[@tomsnowden6201]

Oh jfc “Brady had help winning super bowls” what a tired dead statement. But card trading seems worse than ever, these “investments” are just entirely gambling 😂😂..when did we start looking at ourselves like Warren Buffett? What a damn shame when you see rookies who haven’t seen a pro game are getting priced you’d expect to see from a hof legendary player

[@iheartpsylocke]

Lol all these mistakes were your idea

[@SamuelJ888]

Everyone makes their own choices. Take accountability

[@josephm8078]

He's a dork

[@EmmanuelYesudasanwae]

this is why you invest in pokemon cards 😂😂😂

[@trepidation34]

What about all the money lost from the hype hustlers like these fools pushing cards in an industry they dont understand. These people are net negatives on the hobby..

[@danielhayes955]

You need to think of the player

[@b25907]

Rule #1 Don't listen to a thing this grifter tries to sell you. He's a poser that wants to separate you and your money.

[@twizthebeatpro]

COPE

[@jeffleonhardt7173]

So, in 80 years of baseball cards (1944-2024), there are only 12 players to collect (3 per 4 generations)? I feel like I should just give up before getting started.

[@sisterraysbrother]

not exactly what they said. they said that if you're in it to make $, then those players are the only safe bets. nothing wrong w/ collecting your fav players, but don't expect your Joel Embid cards to make you rich one day... also something they said.

[@ethancarter2087]

Chet gonna be better than SGA honestly but that’s not everyone’s opinion. His ceiling is great lol he’s already “solid”

[@KK-pm7ud]

Not paying your taxes is a big mistake.

[@Andrew-hq2ku]

😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂

[@ethancarter2087]

Chet gonna be better than SGA honestly and Jayden Daniels isn’t a top 10 QB yet. Caleb’s already surpassed him and if Bears beat Washington he’s securing ROY and his cards will be so high it’s impossible to buy them. His base donruss is insane

[@truepatriot2093]

The bald dude saying he would take Peyton over Brady is a crime.

[@pauly5502]

You need to stop calling it a hobby

[@meliachapman7162]

I like these videos, when you let us know what young talent you're buying, then we know who to stay away from!!! Lol, JK.....👀

[@jak77lezgo]

🤣

[@richardlangman4650]

The evolution of BS.

[@cbadcali]

Curry is the GOAT

[@richardrobin5837]

Im so tired of people getting on here and putting down Geoff. He does nothing wrong. No one makes you watch his videos. It's just plain jealousy

[@SamuelJ888]

Its a clear lack of accountability.

[@KK-pm7ud]

It's not jealousy. Many of the commenters do not want to start a card shop or become KZbinrs.

[@crazykev6491]

Can you kiss his ass more? 🤣

[@ACD1994]

Hope he hires you.

[@shawnhallman1797]

All hail the infallible Geoff Wilson! Pope status.

[@keithbowers5255]

Trevor Lawrence will take over..

[@terryalexander563]

Takeover what?

[@dexflotoys6714]

This was one of the best Geoff TV episodes yet. My favorite part was within a few minutes "Main Event" Tyler Nethercott mentioning how the focus is now back on the basics of sportscard entertainment. The old school traditionalist will frown at that statement but this ain't 2021 anymore when it was about content creation . Sorry that "the million dollar man" Geoff Wilson and his righthand man "Main Event" Tyler Nethercott are sportscard entertainers.

[@heinzdelf]

Geoff lit the TEA 🍵 🫖 POT now it's getting HOT 🔥.. "The wise adapt themselves to circumstances, as water molds around the Teapot 🫖 " . learning and adapting to change is a key part of being wise.