Page 2 of 5 FirstFirst 12345 LastLast
Results 11 to 20 of 41

Thread: Tips on profiting?

  
  1. #11
    Hockey Advisor






    Join Date
    Dec 2008
    Posts
    17,364
    SCF Rewards
    48,156
    Country
    Edmonton Oilers Toronto Blue Jays Hamilton Tiger Cats
    See 30Ranfordfan's Items on eBay COMC Cards For Sale Upper Deck ePack

    This doesn't mean much, you have to expand on your answer



    All this is not worth it because of all of the time it takes: searching, finding, calculating if it's a good deal or not, looking at ebay sold listings to see how much they sell for, negotiating, going through the cards and sorting them, putting up sales, dealing with people back and forth, preparing the tons of envelop, going to the postal office... Hourly wise you don't make any money, you just wasted time all along.

    Making money in hockey cards is through investments, buy rookie cards, set them aside and do nothing, you just wait until the prices go up, you have to look it at same way as stocks or investments.


    I would suggest the bulk buying is a pretty good way to do it.

    Let's say I've got 50 cards that I would price at $100 BIN/BO. Most would go quickly at $70, but $100 you need patience. Now I'm really motivated to sell quickly.

    I don't want to do 50 deals at $70-a-pop, so I do 1 deal for all 50 cards, and take $2500 for the lot. There's an easy $1k to be made there for the buyer, if they relist and have a little bit of patience.

  2. #12




    Join Date
    May 2014
    Posts
    885
    SCF Rewards
    8,225
    Country

    I would suggest the bulk buying is a pretty good way to do it.

    Let's say I've got 50 cards that I would price at $100 BIN/BO. Most would go quickly at $70, but $100 you need patience. Now I'm really motivated to sell quickly.

    I don't want to do 50 deals at $70-a-pop, so I do 1 deal for all 50 cards, and take $2500 for the lot. There's an easy $1k to be made there for the buyer, if they relist and have a little bit of patience.

    .

    The scenario that you presented is the absolute best case scenario where the seller is willing to let go his cards for cheap and the buyer sells 100% of the cards. This best case scenario doesn't come up often, it does happen but when it happens you also have to be lucky to be the first one to jump in before someone else jump in.

    Most frequent and realistic scenario of a bulk purchase is someone selling his collection at a reasonable price and then you take the time and have the patience to flip the cards.

    And how many hours will it requires to make some profit? It depends on the lot purchased of course, most of them though will require a lot of hours flipping the cards which in the end is not worth it, it's like less than McDonald's wage
    My tradelist and wantlist can be found in this thread: Hidden Content

    My comc port, feel free to make offers on any cards: Hidden Content

  3. #13




    Join Date
    Nov 2019
    Posts
    163
    SCF Rewards
    235
    Country

    when i say bulk i'm usually talking about the YG that you can buy on ebay for under 3 bucks each (not including shipping) .

    Of course you have to do your homework too and try to figure out who the undervalued players on the market. That would require you to have some real hockey knowledge. If you find someone you like, buy up as many as you can and cross your fingers.

    I know it's not hockey but IMO Shohei Ohtani of the Angels is probably the most under valued card in the market now. (i know, you can't buy one for under 3)

    Back in the old days I bought up so many Bruce Hoffort OPC premier rookie cards because Brain Burke kept coming on the radio telling everybody how great he was.........turns out he wasnt.
    Last edited by cjb; 06-05-2020 at 06:18 PM.

  4. #14




    Join Date
    Apr 2011
    Posts
    4,172
    SCF Rewards
    1,457
    Country
    Winnipeg Jets Boston Bruins
    See timothystar's Items on eBay My traders on Flickr

    Time travel machine. Go to the future and take notes. If say Ovy passes Gretzky than go back to 2005 and try to buy, trade, and barter for all 10,000 or so Ovy YG's! Once you have all of them make a video of you burning all of them except 2. Tell everyone you only saved 1 and put it up for auction the day he breaks Gretzky's record. It will sell for around 8 billion. If you end up needing more funds in the future, wait until he is elected into the HOF, pull out the 2nd one and auction that one too. Just tell everyone you found it in a random pile of other cards.

    Any other questions?
    Bucket: Hidden Content


    Sets: 2012-13 Artifacts Patches # /15 /8 /5 and /1.
    Jets and Bruins, Ovechkin, Bure, Selanne (Jets only)

  5. #15




    Join Date
    Feb 2008
    Age
    35
    Posts
    6,981
    SCF Rewards
    6,259
    Country

    This doesn't mean much, you have to expand on your answer



    All this is not worth it because of all of the time it takes: searching, finding, calculating if it's a good deal or not, looking at ebay sold listings to see how much they sell for, negotiating, going through the cards and sorting them, putting up sales, dealing with people back and forth, preparing the tons of envelop, going to the postal office... Hourly wise you don't make any money, you just wasted time all along.

    Making money in hockey cards is through investments, buy rookie cards, set them aside and do nothing, you just wait until the prices go up, you have to look it at same way as stocks or investments.

    Every avenue is needed to make money in this hobby
    *** Main PC - Roberto Luongo ***
    *** MOST WANTED - 12/13 PRIME COLORS "PATCH" ROBERTO LUONGO x/8 ***

    Flickr ( not updated ) - Hidden Content
    Trade List - Hidden Content

  6. #16




    Join Date
    Feb 2008
    Age
    35
    Posts
    6,981
    SCF Rewards
    6,259
    Country

    .

    The scenario that you presented is the absolute best case scenario where the seller is willing to let go his cards for cheap and the buyer sells 100% of the cards. This best case scenario doesn't come up often, it does happen but when it happens you also have to be lucky to be the first one to jump in before someone else jump in.

    Most frequent and realistic scenario of a bulk purchase is someone selling his collection at a reasonable price and then you take the time and have the patience to flip the cards.

    And how many hours will it requires to make some profit? It depends on the lot purchased of course, most of them though will require a lot of hours flipping the cards which in the end is not worth it, it's like less than McDonald's wage


    You seem to take time too much into consideration. I dont think anyone would recommend flipping cards as a profession. But the OP wants to do this as a hobby, something they like to do in their free time. Something many of us like to do in our free time. I enjoy the entire process, buying cards .... wheeling and dealing to make profit ..... keeping the ones I like or spending my profits back into cards ..... growing the PC.

    None of us are worried that we only make "x" an hour. We have jobs, but if you can make money doing your hobby, thats a nice bonus

  7. #17




    Join Date
    Dec 2016
    Posts
    824
    SCF Rewards
    7,081
    Country
    St Louis Blues
    COMC Cards For Sale Upper Deck ePack

    If you have to ask, don't bother trying.

    Tough reality, but that is my advice to ANYONE that asks how to make money in any hobby, not just this one. If you haven't already found your niche, haven't taken the time to learn all the ins and outs of the hobby, and haven't taken some risk to try on your own... you're not cut out for it.
    Hidden Content
    Wanted: Blues #'d, AU, GU. Especially Federko, CuJo, Hull, MacInnis, Demitra, Tarasenko

    My Traders on Flickr - Hidden Content

  8. #18




    Join Date
    Aug 2006
    Posts
    10,193
    SCF Rewards
    50,749
    Country

    As Maggot just said, if you are looking for something that is profitable there are far better choices than the hockey card hobby. Just read some of the archived sob stories from some of the sellers who belong to this site to get a general idea.
    Traders:Hidden Content

    Want List: Hidden Content

    The want list at this link features what I need of Ottawa Senators, and Miscellaneous sets. I also have a CFL want list on my page and if you have nothing from it I will consider other traders of current Ottawa Senators, Carey Price, Guy Lafleur, Patrick Roy (Habs), Gretzky, vintage hockey (pre 1970) and trade bait such as McDavid.

  9. #19




    Join Date
    Dec 2010
    Posts
    119
    SCF Rewards
    523
    Country

    good read!
    I PC Mackenzie Blackwood with my son.
    Hidden Content

  10. #20




    Join Date
    May 2014
    Posts
    885
    SCF Rewards
    8,225
    Country

    You seem to take time too much into consideration. I dont think anyone would recommend flipping cards as a profession. But the OP wants to do this as a hobby, something they like to do in their free time. Something many of us like to do in our free time. I enjoy the entire process, buying cards .... wheeling and dealing to make profit ..... keeping the ones I like or spending my profits back into cards ..... growing the PC.

    None of us are worried that we only make "x" an hour. We have jobs, but if you can make money doing your hobby, thats a nice bonus

    That's a very very dishonest answer, people that are thinking of making money off hockey cards are first thinking to make a lot of money, like everyone, not just in hockey cards but in society in general, people wants to make money.

    Time is the single most important aspect to make money, if you ignore the time aspect, you'll never make real money, you'll keep flipping $1 to $10 cards wasting time.

Page 2 of 5 FirstFirst 12345 LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
SCF Sponsors


About SCF

    Sports Card Forum provides sports and non-sports card collectors a safe place to discuss, buy, sell and trade.

    SCF maintains tools that will allow collectors to manage their collections online, information about what is happening with the hobby, as well as providing robust data to send out for Autographs through the mail.

Follow SCF on