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Old 10-10-2018, 09:00 PM   #1
sullysullinburg
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Default Getting into cards as a possible money making venture

Hey Y'all,

First post here, so if this is the wrong section, I do apologize for needing to move/delete this thread. A little bit about myself first. I am a college student currently and have previously collected, bought and sold, coins. I've seen other coin collectors who dabble in cards so I thought I might give it a shot. I am mainly interested in learning if it is possible to make money by buying packs/boxes/cases, open them, and sell the contents. I know you can buy undervalued cards from eBay/shops/yard sales/etc. but that seems very time intensive, tons of time learning about every card out there and a value etc.. Simply opening packs and selling the contents seems a lot simpler and straightforward. But, as I've been told much time when I was learning about flipping coins, if it was easy, everybody would do it. So, anyone who has done this, what were your results? Is there a strategy here? Is it just pure luck? Would you recommend others do it? How do you decide what packs to buy? Anything else you think could be helpful for me to know is greatly appreciated.
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Old 10-10-2018, 09:04 PM   #2
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Originally Posted by sullysullinburg View Post
Hey Y'all,

First post here, so if this is the wrong section, I do apologize for needing to move/delete this thread. A little bit about myself first. I am a college student currently and have previously collected, bought and sold, coins. I've seen other coin collectors who dabble in cards so I thought I might give it a shot. I am mainly interested in learning if it is possible to make money by buying packs/boxes/cases, open them, and sell the contents. I know you can buy undervalued cards from eBay/shops/yard sales/etc. but that seems very time intensive, tons of time learning about every card out there and a value etc.. Simply opening packs and selling the contents seems a lot simpler and straightforward. But, as I've been told much time when I was learning about flipping coins, if it was easy, everybody would do it. So, anyone who has done this, what were your results? Is there a strategy here? Is it just pure luck? Would you recommend others do it? How do you decide what packs to buy? Anything else you think could be helpful for me to know is greatly appreciated.
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Old 10-10-2018, 09:14 PM   #3
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What he said!
If you buy and hold unopened product, it is possible in the long run. Opening product and selling contents is not a good idea. It is a terrible idea.
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Old 10-10-2018, 09:18 PM   #4
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Is it possible? Of course. Is it likely? Not exactly. I think opening wax for profit makes it a longer shot.
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Old 10-10-2018, 09:21 PM   #5
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No such thing as a free lunch in case-breaking. If your goal is to make a profit without actually understanding the market, move along. It's a great way to lose your shirt.
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Old 10-10-2018, 09:32 PM   #6
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If you have an abundance of time, you'd be better off buying cases and hosting group breaks. You would need to do a lot of research beforehand to make that work though.
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Old 10-10-2018, 09:37 PM   #7
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You'll have better odds at a blackjack table.
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Old 10-10-2018, 09:38 PM   #8
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So what are the alternatives here? Someone mentioned holding unopened packs, which sounds like it could work but it's money just sitting around doing nothing. Someone mentioned doing a group break, which also could work. Unfourtantly I am not 21 yet so I cannot host one.

Last edited by sullysullinburg; 10-10-2018 at 09:40 PM. Reason: Spelling
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Old 10-10-2018, 09:45 PM   #9
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So what are the alternatives here? Someone mentioned holding unopened packs, which sounds like it could work but it's money just sitting around doing nothing. Someone mentioned doing a group break, which also could work. Unfourtantly I am not 21 yet so I cannot host one.
Alternatives include collecting cards for the fun of it. Collecting coins were a lot of fun when I was a kid and you could find neat ones in change, etc. Cards give you a chance to find something really nice in a pack. As others have said here though, it is not something easy to make money with. But it's easy to lose money...lots.
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Old 10-10-2018, 09:49 PM   #10
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So what are the alternatives here? Someone mentioned holing unopened packs, which sounds like it could work but it's money just sitting around doing nothing. Someone mentioned doing a group break, which also could work. Unfourtantly I am not 21 yet so I cannot host one.
If you want to make money learn about money, finances, and how to properly invest it and don’t go chasing after something that you think is going to make money with the least amount of work. If you still think you want to sell cards you have to learn as much as you can about them.
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Old 10-10-2018, 09:52 PM   #11
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If it was easy everyone would do it.
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Old 10-10-2018, 10:41 PM   #12
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So what are the alternatives here? Someone mentioned holding unopened packs, which sounds like it could work but it's money just sitting around doing nothing. Someone mentioned doing a group break, which also could work. Unfourtantly I am not 21 yet so I cannot host one.
Make smart investments in singles is your only other option. You CAN make money by opening cards, but you wont 90% percent of the time. Just like the casino, they'll get you eventually.
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Old 10-10-2018, 10:46 PM   #13
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If you want to make money do not buy wax, open the packs, and sell singles. That's a losing proposition nearly every time.

Best advice I can give you is before you even think about what you are going to sell you need to evaluate who you are going to buy. Check depth charts for football and the minor leagues for baseball. Identify good value with potential. Buy. Then hold. Sometimes you hold for a short time and sometimes you hold for quite awhile. You have to be patient.

Once you have made your profit don't ever look back. Just take that profit and spend it on your next batch of potentials. Rinse and repeat. After all of that you may squeak out a tiny profit that equals a 9-5 minimum wage job. If you're lucky. Like others have said, it isn't easy.
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Old 10-10-2018, 11:07 PM   #14
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Save your time and money. I don’t mind most of the money I’ve spent in the hobby but the one thing I probably regret is the time I won’t get back.

If you’re coming in without any knowledge I wish you luck. The only way you could make money busting boxes is if you got them free or at least like 75% off.
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Old 10-11-2018, 07:53 AM   #15
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Originally Posted by Ray27Ray52 View Post
If you want to make money do not buy wax, open the packs, and sell singles. That's a losing proposition nearly every time.

Best advice I can give you is before you even think about what you are going to sell you need to evaluate who you are going to buy. Check depth charts for football and the minor leagues for baseball. Identify good value with potential. Buy. Then hold. Sometimes you hold for a short time and sometimes you hold for quite awhile. You have to be patient.

Once you have made your profit don't ever look back. Just take that profit and spend it on your next batch of potentials. Rinse and repeat. After all of that you may squeak out a tiny profit that equals a 9-5 minimum wage job. If you're lucky. Like others have said, it isn't easy.
This is some of the best advise. I personally enjoy the thrill of ripping wax, but the profit is not there. Sure you hit big sometimes, but many times you struggle to break even and there are other times you lose. If you want to do that I suggest going with the lower tier products as they are easier to at least break even. You usually will not have the huge hit, but still some good ones can be had.

The easiest way is to look for rookies that are way underpriced and snag them up and then when they get a small boost sell them. Like 2 years ago I bought a bunch of Yelich Topps rookies for around 60 cents each. I have already sold all but a few of them for a nice little flip. If you can catch 3 or 4 players a year on that kind of swing it will be great. Betts was another good example.

Keep in mind the big hits are nice, but its the small ones that can really have an impact.
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Old 10-11-2018, 08:28 AM   #16
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Originally Posted by sullysullinburg View Post
So what are the alternatives here? Someone mentioned holding unopened packs, which sounds like it could work but it's money just sitting around doing nothing. Someone mentioned doing a group break, which also could work. Unfourtantly I am not 21 yet so I cannot host one.
Having stuff sitting around doing nothing is a great investment if you find the right product, just like if you find the right stock. Opening sealed product is like scratching lotto tickets. There are no guarantees. If you want to make money on cards, do a ton of research. Just keep reading, and watching, and reading. Conventional wisdom says vintage cards are the safest investment if you’re looking to do so, but you won’t see any sort of great ROI overnight.
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Old 10-11-2018, 08:49 AM   #17
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Buy Bird, sell Judge

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Old 10-11-2018, 08:49 AM   #18
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Don't listen to any of these guy.

Jump in the water is great!!



Seriously, If you are considering making $$ doing this, talk to some reputable breakers and store owners for some valuable feedback and insight.

Brent and Becca is also a good person to chat with. He breaks a lot of product and sells a ton. https://www.cardboardconnection.com/...eaking-origins it's an old article but dud eis still on top of his game and has a wealth of knowledge.

Have talks with those folks is first step. If still interested after those chats then god speed bro.

As a regular hobbyist, you wont make $$. you are always hunting for that one card that will bring your finances in order. As a collector, you really don't care as you just like to collect.
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Old 10-11-2018, 08:49 AM   #19
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Buy Bird, sell Judge

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Yeah, this too!
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Old 10-11-2018, 12:15 PM   #20
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Do it for the love of the hobby, to collect, to trade, to give cards to needy kids. Do it for just about any reason other than to make money.
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Old 10-11-2018, 12:20 PM   #21
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No one here makes money. It's a front site for gamblers anonymous.
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Old 10-11-2018, 12:23 PM   #22
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In my 70 years of life I have known a lot of people that have made a lot of money buying and selling STUFF. The one thing they had in common was They know what the stuff they sold was selling for before buying. Then they would buy for less. As other have said Do your homework!!!


Are you looking to make a little money or make a living off of it?


I know a couple of guys that has a room full of boxes of late 80s and early 90s that they though would make them a lot of money. Doing this you need to know when to sell as they do go down.
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Old 10-11-2018, 12:46 PM   #23
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Originally Posted by sullysullinburg View Post
Hey Y'all,

First post here, so if this is the wrong section, I do apologize for needing to move/delete this thread. A little bit about myself first. I am a college student currently and have previously collected, bought and sold, coins. I've seen other coin collectors who dabble in cards so I thought I might give it a shot. I am mainly interested in learning if it is possible to make money by buying packs/boxes/cases, open them, and sell the contents. I know you can buy undervalued cards from eBay/shops/yard sales/etc. but that seems very time intensive, tons of time learning about every card out there and a value etc.. Simply opening packs and selling the contents seems a lot simpler and straightforward. But, as I've been told much time when I was learning about flipping coins, if it was easy, everybody would do it. So, anyone who has done this, what were your results? Is there a strategy here? Is it just pure luck? Would you recommend others do it? How do you decide what packs to buy? Anything else you think could be helpful for me to know is greatly appreciated.

You can absolutely make money buying and busting cases. BUT, big BUTT, you have to know which products and you generally have to do quantity. That said, if you think it is not time consuming think again.

I used to do it before people jumped in breaking cases left and right and before group breakers. I was a small fish in comparison. Example, I might do 6-8 jumbo cases of a Topps baseball release. I would take Wednesday-Friday off of work (paid time off) and I spent pretty much 12-16 hr days from Wednesday-Sunday ripping, boxing, listing, sorting, selling, etc.... After all was said and done hopefully I had a nice profit but not always. Do you want to spend $9,000 on cases to make about a $600 profit? That happened to me once...

Worth it? Depends on how you look at it. By hour, maybe/maybe not. The typical profits at the end of the day, yep.

There are plenty of other ways to make a few bucks here and there. I choose to look for the other ways and leave the heavy lifting to guys like BrentandBecca.

My PTO is now used for FUN or to accomplish things that need to be done around the house.
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Old 10-11-2018, 01:13 PM   #24
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Exactly. You'll make more as a bartender or waiter than you will busting wax, at an hourly rate.
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Old 10-11-2018, 01:52 PM   #25
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I don't need to read the other comments of the body of your comment...just the headline is enough...NOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO
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