easiest ways to make money in this hobby?

cmixer · Oct 21, 2012

Let's help a few newcomers to the game ...

The easiest ways to make money in this hobby:

(#1) Buy large collections, and piece them out.
Some people will give you a deal in bulk,
then you can make maximum profit one at a time.

(#2) Buy a player before they become hot.
AKA. "Prospecting". - you might have a dozen $2.00 cards that become $10 cards.

(#3) Dig. Find a card in a $0.50 box that you know is a $5.00 card.
Do enough research that you can identify rare inserts.

Bonus: The HARDEST ways to make money:
(#!) Open product looking for that 1 monster hit.

tramers · Oct 21, 2012

AGREE

hofmichael · Oct 21, 2012

Buying raw and grading is a good money maker as well. You have yup have a good eye and know what is in going to fetch good money in a slab.

Sent from my VS840 4G using Sports Cards by Freedom Card Board.com

Mr.Whipple · Oct 21, 2012

Dont call it a hobby, if you wanna make money with cards.

cgilmo · Oct 21, 2012

Mr.Whipple said:
Dont call it a hobby, if you wanna make money with cards.

why hello there banned user.

jay1065 · Oct 21, 2012

Mr.Whipple said:
Dont call it a hobby, if you wanna make money with cards.

Exactly.

magicpapa · Oct 21, 2012

The Easiest way to double your Money is............... Fold it in half And put it in your pocket

uniquebaseballcards · Oct 21, 2012

Mr.Whipple said:
Dont call it a hobby, if you wanna make money with cards.

Yeah everyone I know calls 'making money' something else... "work".

Topnotchsy · Oct 21, 2012

Prospecting is usually a lot tougher than people like to admit. Easier is to learn what the market is on some fairly steady cards (Jeter auto's, Ruth GU etc.) and bid the bottom end of what they go for. You will only win a small percentage of the items you bid on but assuming the cards are expensive enough that you do not lose any potential profits in fees and shipping and you are a little patient it's a pretty low risk approach.

sbfinley · Oct 21, 2012

Buying 8's and 9's of sixties and seventies commons and bumping them to 9's and 10's.

SilverandBlack · Oct 21, 2012

Mr.Whipple said:
Dont call it a hobby, if you wanna make money with cards.

this drives me nuts there are plenty of people that collect and also make money off of this hobby. I buy large private collections all the time and make decent money reselling but also collect and have many pc items I would never sell. It is very possible to have cards be your hobby as well as profit from them

hofmichael · Oct 21, 2012

SilverandBlack said:
this drives me nuts there are plenty of people that collect and also make money off of this hobby. I buy large private collections all the time and make decent money reselling but also collect and have many pc items I would never sell. It is very possible to have cards be your hobby as well as profit from them

I agree. I haven't spent a dime out of my pocket this year but added a ton of great items to my PC. I flip cards to fund my collection. At three end of the day it is still a hobby for me.

Sent from my VS840 4G using Sports Cards by Freedom Card Board.com

Gwynn545 · Oct 21, 2012

Finding rare Joe Jackson cards in your drywall usually works out in your favor, too...

uniquebaseballcards · Oct 21, 2012

Think the hobby is too expensive? Have to sell to stay in the hobby? Is the hobby to expensive for new people to join in on the fun?

Truth is making money off the hobby makes the hobby more expensive for collectors, others making money off the hobby makes the hobby more expensive for you. Granted there certainly needs to be some people making money, there doesn't need to be many and it definitely doesn't need to be everyone.

/public service announcement

ThoseBackPages · Oct 21, 2012

STRIPPERS!

notjomommasclint · Oct 21, 2012

Buy low and sell high..

Although every time I try this I just end up eating Oreos and watching the Cartoon Network.

hofmichael · Oct 21, 2012

notjomommasclint said:
Buy low and sell high..

Although every time I try this I just end up eating Oreos and watching the Cartoon Network.

If oreos and cartoon network paid this board would be full of millionaires.

Sent from my VS840 4G using Sports Cards by Freedom Card Board.com

jrinne · Oct 21, 2012

Mr.Whipple said:
Dont call it a hobby, if you wanna make money with cards.

My hobby is making money which involves cards.

morgoth · Oct 21, 2012

You guys are thinking small here

1. Start a auction company
2. Allow your employees to be able to bid on the auctions
3. Shill like crazy
4. Anytime you get caught shilling a card for crazy money, send it back to PSA/SGC to get it reslabbed with a new serial number.
5. Hire strippers to attract lonely men to consign to you at auctions.
6. It helps if you were at one time jailed for committing phone fraud by stealing money from churches, police and firemen retirement funds.

Mr.Whipple · Oct 21, 2012

cgilmo said:
why hello there banned user.

My account has worked for months, SO hello back.

Welcome to our community

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