5 MORE Things I Wish I Knew Sooner Selling Sports Cards

[@airchewy-cards]

Sunk cost is the hardest thing for people to overcome, but it is one of the most important. Really excited to see your video about organizing.. so many options out there

[@JPfreedom]

Sunk cost?

[@terryalexander563]

Yeah, what's sunk cost?

[@terryalexander563]

Yeah, what's sunk cost?

[@The88ninjas]

Explanation is at 20:02

[@feelsgood]

A video on how to sort and store a home collection would be wonderful. I am your exact example. Piles of cards on my desk.

[@t-pott4504]

coming VERY soon!

[@philcapenmsgamingsports]

I thought I was the only one

[@brianbarit1038]

Yes, that would be great to share for the rest of us disorganized collectors, Mr. T-Pott! #WeNeedYourHelp (LOL) 😅🤷🏻‍♂️😩

[@FC25-n3p]

Great Advice. Sellers, Shop owners must watch this video.

[@Danliny94]

This channel and sports card investor make me want to go back to college. Thank you!!!!

[@ryanra44]

I’ve also worked with buyers when shipping cards to put a different name on the shipping label. I don’t like shipping to addresses with the words “cards, “sports cards” or “grading” or something similar in their name. I think it makes it more likely to be stolen when the package has those words on the address.

[@stringsandthings4325]

“What’s the lowest you’ll go?” is one of the most annoying phrases that somebody can ask me. I do the exact same thing as you said “what is the most that you will pay?”

[@MarketMovers]

That's my exact reply too. If I were a dealer I'd do something playful like put up a sign: I’m here to sell, let’s strike a deal, Negotiation has appeal. But don’t ask me, “What’s your lowest?” Or away from my booth I'll tell you to go-est!

[@Blabbin_Bout_Slabbin]

💯

[@vintagecollector5340]

Why does it matter how anyone words their negotiations? As long as they're serious about purchasing what you have, I don't see the problem.

[@stringsandthings4325]

@@vintagecollector5340 There are a ton of nuanced reasons why it isn’t okay to just straight up ask that without any other communication. Those kind of questions almost never lead up to a sale either. Let’s say you are negotiating with a card that you priced at 100 dollars and you have it at market value, here is how 99% of those conversations go: “what is the lowest you will go on that” “well I have it priced fairly well at market value, but I could go 90 if you are interested”. At this point either one of two things will probably occur. They will either just simply walk away, or they will shoot you a lowball offer at 60 or 70 bucks and then get upset because you didn’t take their horrible offer. A person who asks what’s the lowest you’ll go on something is never serious in my opinion. Also I am sure that everyone who is reading this and who has sold at a card show would agree.

[@BigTexan7]

Sounds like you're just mad the customer doesn't want to pay sticker price. Cardboard these days is ridiculously priced. I can't wait for it to normalize again.

[@OMGNINJAS-YO]

I am speed running learning about my Pokémon collection and inherited sports cards collection ahead of a local PSA event this weekend and Teapot's content has been 10/10. Everything I need to know you have provided and then some, thanks for the awesome content and I am looking forward to checking out your Market Watch Application for my collection!

[@MarketMovers]

Thank you!

[@Freakmeal]

Cool video. I have to admit that my biggest problem is that I am not sure if I am really a collector or an investor. I have been collecting anew since early 2019 and the problem that you run into is that if you fall in-between, you never quite satisfy your collector gene, but at the same time you end up paying a premium for a really cool card. In all candor, I spent more money on cards than I would have liked to this year, but less than I have in the last 4 years. I have been more tactical in my purchases leaning toward greater stores of value. For instance, I am aware of your personal collection of Andre Drummond cards, and my kryptonite is Corbin Carroll. I guess what I am trying to say is that collecting cards is fun as is grading cards... remember, there is always a piper to be paid.

[@MarketMovers]

There's no need to pick between being a collector or investor! You can do both. It helps to set boundaries for yourself and goals. Like, "I will never own more than [X] cards of Corbin..." and for yourself to sell one when you buy a new one.

[@WILDER-CARDSHQ]

Great Advice T-Pot. Sunking cost is the hardest thing to do.

[@Ryanknowsit]

I have a spread sheet of my high end cards. I took accounting for 2 years so its just a easier way for me to keep track to the dollar

[@MarketMovers]

You don't need to use a spreadsheet...I guaranty our Collection tool in Market Movers will be much more useful!

[@JPfreedom]

Would love to see this spreadsheet

[@JPfreedom]

​@MarketMovers you guarantee that? Where do I find it?

[@JPfreedom]

​@MarketMovers i need something to track my investment cost, profit, etc

[@antoniopartridge1597]

Thanks a lot T. Pott, I'm leaning and gaining so much knowledge for this hobby..! Thanks for all you do.!! This is Georgia Power T. Pott AKA AP...!!

[@MarketMovers]

Thank you, sir!

[@bobgarcia4131]

Thank you for the advice!!!

[@jaybullet4026]

A good lesson I’ve learned don’t trust anyone not even your blood family just because you are a smart person who knows certain things will be worth more in the future and they only see you collecting junk kid toys but once they see you making moves to make big money off those so called toys they will become greedy and try to steal from you because they didn’t plan for the future always keep your collection secure and safe

[@PeaceToAll-sl1db]

wrong - take any collection from 30 years ago. if you sold it then, you would have more money today. 95% of any collection turns out to be crap. open any pack of cards from 5-10 years ago. there all garbage. sell when you get it. go back and buy the hof rookies after they prove themselves as those keep going up

[@matthewessmann2429]

Communication is the biggest want any buyer wants on eBay. I wanna know when my card is being shipped out especially if it’s over $4 in shipping costs. Golden rule for shipping time should always be within 24/48 hours of purchase. If you can’t ship out a card in that time frame, then stop selling cards on eBay, bc you had the time list it. Also I’ll add to never use scotch tape, never use clear packing tape as well!

[@CapSHADY7]

I have so many cards that I purchase with the intent of selling and I’ve only sold one, can’t even get followers or viewers on whatnot

[@marcellewis2969]

Whatnot is tuff, I only get views and bids when I’m losing tons of money, I think it has a lot to do with show production. My plan is to make some money on eBay, build a stream set up and then figure out whatnot

[@PeaceToAll-sl1db]

buy vintage and hall of fame rookies - for modern, sell everything else as soon as you get it. 99% of cards you buy today will be worth less a year from now.

[@wesd832]

I've never heard T Pot cuss before. 5:07

[@MarketMovers]

dickER 🤣

[@carlos4087]

Lol 😅 love it...keep it real

[@omarchavez1599]

Again great Advice specially on holding onto cards to long !!!

[@zman7689]

Dealers earn a reputation at card shows too. I know a couple guys at my local shows that have $2-3 "Value" boxes filled with base cards of modern cards. Learned my lesson after wasting my time once or twice.

[@scottvaughn9]

The “selling at 300% of comps”, “sunk cost fallacy”, and asking “what’s your lowest?” are such common mistakes that even seasoned dealers at shows have these same issues. It’s frustrating.

[@KyleRipsWax]

Excellent content!

[@Jtevkicksandcards]

I have so kany cards i sort thel every now and again but i never know if i should do it by brand. By rc i def seperate sports and i try to keep all my favorites together. Another thing is i wanna grade my cards but i get caught up in wantting to buy more instead lol

[@stephenmcconnell4302]

I buy from you guys on what not at least $300 a month and you guys have never missed a beat I wish I lived closwr to your store but thank you 🙏

[@jasonabernethy8424]

"never under any circumstances use scotch tape."- Great quote

[@MarketMovers]

Words to live by

[@jasonabernethy8424]

@@MarketMovers I have sent multiple "courtesy" e-mails to ebayers who are unaware

[@Colin-cb6my]

stupid question im sure but why no tape over top loader?

[@jasonabernethy8424]

@@Colin-cb6my Use painters tape, not scotch tape. Scotch tape damages the top loader, and sometime difficult to get the card out of.

[@raviolimaster]

USPS 1st class mail is an accountable item, not just registered mail. So if you spend the money and send first class, you can basically expect it to get to its destination for the most part. Expensive sure, but definitely worth it. As it’s placed in possession of each person along the way rather than just thrown in the bin with the rest of the stuff..

[@MarketMovers]

Unfortunately that is definitely not true. USPS 1st class packages get lost, stolen, damaged, etc. every day. Theft is a MAJOR issue with USPS, especially coming and going from grading facilities or large consignment companies. And making insurance claims can be difficult or even impossible in some cases.

[@RonsoHobby]

The thumbnail 😂😂😂😂😂

[@cenogotkicks5269]

Love videos like this 🙏🏾

[@PackAPunchCards]

The denial of eBay sellers to do research on the current price of cards is the most annoying thing ever

[@michaelfeldstein809]

I've done offers that take in to consideration 3 to 5 most recent comps and go slightly over that. But they have their cards 50 to 150 over that and don't even budge. They aren't in tune with the current market.

[@hinetimes]

What do you do if a card has no market value or min. comparisons? Thinking of the odd ball allen & ginter cards. Or min. run product.

[@feelsgood]

Summon your inner Marie Kondo, ask yourself if they bring you joy (which they don't) and throw them away.

[@MarketMovers]

kzbin.info/www/bejne/sJPJeqminr6LgZI&ab_channel=MarketMoversbySportsCardInvestor

[@codysiluk6397]

i agree with most! You can not tell some to lower the price of a card. To be with market movers?! Or angry if they do not! Prices go up just has fast as they go down. With older cards there is a extra grade of centering(less then psa Oc). I just saw 2 graded psa 6 m. mantles cards have 300$ difference solely based on how the card was centered. Maybe the guy bought the card for 2k and can not get a lose(yet). Maybe some has ten mantles of the same grade. he floods the markets. Everyone should lower the price, because one person is selling a mantle card every month? Maybe! or maybe they are waiting to see? Rest of your video was great.

[@garrettwalker6939]

good advice. sir. thankls. for the video. do. you buy. sports cards. ?

[@montana01]

As a seller/dealer… comps aren’t the end all be all. If it’s a common base chrome/prizm Psa 10, sure…. But cards with rarity there can be a wide range of prices, over months, with just a few transactions. If I’m 30% over comps , when there is zero way to buy the card elsewhere, it’s not a terrible price. Especially if a player has gone up in the last 30-60 days.

[@MarketMovers]

That's why I recommended watching this video: kzbin.info/www/bejne/bGaymY2BlLStp68

[@616cardz]

eBay requires proof of shipment, how do u handle that Tpot if u were to personally fly and deliver a card u sold on eBay?

[@josephpolanski6322]

They have a scanning option for in person delivery. There is a code on the phone of the buyer and you scan it with your phone and it shows delivered

[@scottvaughn9]

@@josephpolanski6322 I think a buyer can also mark as “item received” as well

[@robertcremeens3166]

Some very good advice. +++

[@JGSoCal-e2n]

What should we be aware of when selling cards to dealers at shows? Are dealers interested in buying $1-5 cards at shows? Or, should we only bring bigger cards for cases?

[@jlbaseballcards]

Great informative video! But one comment about the filming quality: don't zoom in and out unnecessarily and don't swing the camera left and right too much. It was quite dizzying to watch the video with the frequent zoom in/out and camera swinging. Rewatch it and you’ll see what I mean 😅

[@BrentonPercy]

Great Video

[@bfootballcards]

I bought a lot on eBay and I received it without tiploaders or sleeves and I messaged buyer and said they're damaged and didn't include sleeves and toploaders and he was like “well that's not my problem.”

[@MarketMovers]

Sickening. Leave negative feedback for sure.

[@clauspage]

Good info

[@stephenmcconnell4302]

I had 20k in jewelry shipped to my house the package was open when it got here thank god everything was there but that’s a horrible feeling

[@dmc0015]

So basically the Mickey Mantle card represents Twitter…

[@raymonddiaz8595]

USPS registered mail offers cheaper insurance and is the best way to ship expensive items. You can insure up to $50,000.

[@JPfreedom]

Better that collect insure?

[@gustavoorduno942]

Man… T-pot outdoes himself again each week ! Great information! I’m curious… what do you do with your base cards when you rip wax ? I want to toss them out but it breaks my heart . lol

[@MarketMovers]

I also toss them sometimes now :( I hate it...but sometimes I try to find someone who wants them to build a set. Else...into the bin.

[@stephenmcconnell4302]

Over the last 30 years I have collected over 100k cards and I wish I could just give them to someone to organize

[@MSUCollector]

I would love to do this

[@feelsgood]

Yea I think you're firmly in the "pay someone to do it" category now!

[@stephenmcconnell4302]

@@feelsgood yes I need to pay a few people to help me lol

[@hughporter399]

I won a card in an auction. It was a low end card. Less than 20$ I guess the seller didn't get the money he wanted. He refunded the money without me requesting it and without any explanation. I've never left negative feedback until now. I understand things can happen. Once I put the card in my pocket after taking pics and threw it in the washing machine! I gave my ridiculous explanation and the buyer understood.

[@MarketMovers]

Mistakes certainly do happen. The integrity of some sellers is really poor, though.

[@jeffschwantes1930]

You don't need to eat the cost on the eBay envelope. You have to file a claim with them and they reimburse you the value of the card. It's pretty simple and only takes a couple of days to get the money back

[@MarketMovers]

No way! I didn't know that...

[@angelou1]

I hate when sellers beat me up for shipping

[@markjugz69]

If you're not from the US can you still profit?How?

[@mid-atlanticsportscardsand8037]

Great video… but the value of a card is not the auction price or even the next-to-last auction bid, it’s the median amount between what the seller receives and what the buyer pays. In a card auction, that’s going to be +/- 10% less than the buyer’s price. Big mistake to just focus on what the buyer pays.

[@MarketMovers]

Thanks for the comment! How does what the seller receives impact what bidders are willing to pay? Value is derived from what someone pays, not from what a seller receives. I think you're conflating revenue with value. The two are not the same. I have never, as part of considering a card purchase or in a negotiation, said - "well this card last sold on Goldin for $1,000...BUT the seller only got $800 so the card is only worth $900."

[@howardsun]

Teapot channel has become sportscards business textbook 101

[@seanobrien9311]

TPott videos rule

[@gmoney9923]

its ironic that theres a ebay seller named sports card investor that doesnt do combined shipping on auction wins....not saying its u guys but its funny

[@brockman562]

show us your PC, have Reeves sho his PCs, have Carter and that one colleague that always wears a cap show his PC so content isn't always centered around business

[@MarketMovers]

kzbin.info/www/bejne/oXvKn6hvr8-gfrs&ab_channel=MarketMoversbySportsCardInvestor kzbin.info/www/bejne/r5XMg2Cuq7x_jqc&ab_channel=MarketMoversbySportsCardInvestor

[@ClearAutumnFestival]

why would you use musk

[@MarketMovers]

He's the wealthiest person alive.

[@jasonrocksvegas]

Most players never obtain long term success. Who wants to buy my 10,000 commons 😂?

[@moronsaltable]

I don't understand why people are that bothered by the "what's your best price?". If you have a $700 card for sale, I'd rather not waste time negotiating with someone that's going to make a $400 offer. id rather save time and say my true lowest which could be $650 or a little over like $675 just to make a little room to negotiate to make them feel good. If you'd dealing wiyh with a real negotiater, he's probably going to negotiate you to your best price anyway. If he's a lowballer, it's just a waste of time negotiating with him to begin with

[@MarketMovers]

Negotiation is a back and forth. If a seller already has a card stickered, as a potential buyer you need to make an offer. Walking up and just asking "what's your best price" is lazy and disrespectful. I understand wanting to not waste your time, but if a seller already took time to price out their cards...why would they then negotiate with themselves?

[@moronsaltable]

@@MarketMoversthe buyer might have no interest in negotiating that's why they ask that. There's annoying buyers either way

[@blkinvestor]

That's why I just buy singles i don't have time for this shit... I'll pay on the back/front end....

[@Tysonscornercards]

How do you have that much dandruff being bald?

[@MarketMovers]

Beardruff

[@Mikeybaby69]

NERD

[@MarketMovers]

Yeah, baby!