Sports Card Flipping (buying with the intention to sell and make a profit) in the sports card world can be lucrative at any level, whether you have one dollar or one million dollars. Here’s a tip I wish I had learned sooner…
If you’re purchasing with flipping or long-term investment in mind, you will buy cards that you think will increase in value over time. Make sure you are thoroughly researching so your investments are smart.
It’s not always about the one big flip. Take your small profits here and there. They add up. If you flip a card for a $5 profit twenty times a month, that’s an extra $100 that you can make in the flip game. Yes, the big flip is nice, but those small flips can help fund the bigger flip! You will occasionally lose money on a flip, but that isn’t the end of the world. Every time you flip a card, you should look at it as an opportunity to learn about best practices for maximizing profits.
Being able to price your cards fairly and not too high or too low is an advanced skill learned over time in the hobby. This skill will create repeat customers for you. Once someone knows that you price your cards fairly and are genuinely knowledgeable about cards, they may become a regular customer of yours.
There is always risk involved when investing in sports cards. Much like the stock market, what is hot one day may take a dive the next. It’s helpful to decide if short-term flipping or longer-term investment is right for you.
I have a Sports Card Flipping series on my Instagram @minnygraphs99 called #FlippingWithMinny where I share my personal experience with flips and educate on how to flip for maximum success. Check it out to learn more.
Have an old card collection and need some advice? Click here to learn more.