Comments on: I Spent $100,000 Flipping Pokémon Cards During the Pandemic. Here’s What I Learned https://dollarsprout.com/i-spent-100000-flipping-pokemon-cards-during-the-pandemic-heres-how-it-went/ Maximize your earning potential Fri, 21 Apr 2023 23:11:46 +0000 hourly 1 https://wordpress.org/?v=6.2.2 By: Craig B. https://dollarsprout.com/i-spent-100000-flipping-pokemon-cards-during-the-pandemic-heres-how-it-went/#comment-139619 Fri, 21 Apr 2023 23:11:46 +0000 https://dollarsprout.com/?p=54280#comment-139619 In reply to Ben Huber.

Thank you for your input and insight Mr. Ben!

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By: Ben Huber https://dollarsprout.com/i-spent-100000-flipping-pokemon-cards-during-the-pandemic-heres-how-it-went/#comment-138753 Fri, 14 Apr 2023 19:33:47 +0000 https://dollarsprout.com/?p=54280#comment-138753 In reply to Mary.

Hey Mary!

I have sold to just about every country in the world at some point or another, so long as it is not currently sanctioned by government figures. Ebay’s Global Shipping Program takes care of everything automatically — all you have to do is ship to their international shipping center and they’ll take care of collecting taxes, duties, VAT, and anything else that needs to be collected. Easy peasy!

– Ben

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By: Ben Huber https://dollarsprout.com/i-spent-100000-flipping-pokemon-cards-during-the-pandemic-heres-how-it-went/#comment-138578 Wed, 12 Apr 2023 20:53:35 +0000 https://dollarsprout.com/?p=54280#comment-138578 In reply to Craig B..

The buyer’s premium + shipping fees can be a bit steep, but where their auctions get fewer impressions than other enormous markets (like eBay), there is a good opportunity to snag deals from time to time.

They’re very established, so no sweating that — like trading stocks, set a stop loss (or in this case, upper limit) for what price you want to buy at and don’t go over it. I’ll favorite dozens of items in each of their weekly auctions, and will generally snag a few underpriced items and miss out on some others. Sometimes I’ll keep an item for my personal collection, others I’ll just flip the item on eBay/Facebook groups to lock in a profit.

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By: Ben Huber https://dollarsprout.com/i-spent-100000-flipping-pokemon-cards-during-the-pandemic-heres-how-it-went/#comment-138576 Wed, 12 Apr 2023 20:50:09 +0000 https://dollarsprout.com/?p=54280#comment-138576 In reply to Craig B..

Hey Craig!

As you alluded, grading cards, at least for the foreseeable future, is likely to add a premium over raw for virtually any modern or vintage card. (It may not always be this way, but will it take the market shifting dramatically for that to change).

And like you also alluded, the 4 companies that you named by and large garner the highest premium over, say, some of the smaller, less established companies. While there will always be anomalies, generally speaking, PSA will hold the highest resale value on the market. This is followed by CGC and BGS with very similar values, followed by SGC (at least for Pokemon, not sports).

If you’re going to be a volume submitter, PSA is probably going to be the way to go — the $100 membership fee + tiers between $15 (with specials) to $40 for the bulk stuff are going to be hard to beat. PSA can just get more volume done than any other company, for a reasonable (even if it is slightly higher) price and the highest resale value.

If you anticipate being a low-volume submitter, go with the case that you like best.

My personal criteria are a bit nuanced, but where the pricing has become similar across the board, you can go wrong with just about any of them.

If I feel a card has a shot at a BGS 10/BL 10, I’ll go BGS.
If I feel it won’t get either, I’ll go PSA as it’s a little easier to hit one.
If I feel PSA will give a card a 9, but BGS may give it a 9.5, I’ll send it there.
If I feel a card will grade 8-9, I’ll go PSA.
Anything lower and I go BGS because they’re generally easier on the mid-tier condition cards.
I’ll occasionally go CGC for the above category if they have some sort of good special.

I don’t have a post written on the site for this in particular, these are just my two cents,

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By: Craig B. https://dollarsprout.com/i-spent-100000-flipping-pokemon-cards-during-the-pandemic-heres-how-it-went/#comment-138419 Tue, 11 Apr 2023 06:06:58 +0000 https://dollarsprout.com/?p=54280#comment-138419 I’m curious on your perspective/take on the auction site PWCC Marketplace? I know that eBay is king in this department, but with PWCC doing their own thing now and with the news that has come about. I’m interested on your thoughts?

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By: Craig B. https://dollarsprout.com/i-spent-100000-flipping-pokemon-cards-during-the-pandemic-heres-how-it-went/#comment-138418 Tue, 11 Apr 2023 05:45:23 +0000 https://dollarsprout.com/?p=54280#comment-138418 Hello Mr. Ben,

I found your article very informative and a great read. I’d like to get your opinion on the grading services (PSA, BGS, CGC, SGC, etc.) that are out there right now and they compare when it comes to getting the best monetary return. I’ve done my due diligence and much like everyone else, have found that PSA is the way to go.

However, they seem to have become overpriced and are lacking in what should be a better grade than offered. I’ve been finding BGS to be very good so far, but finding a lot more other grading services getting a better turnaround on profits much like PSA, but without the overpricing for cards. Bottom line, is there an article that I can read here in regard to trading card grading services? While I know that everyone has a preference would be greatly appreciated to get others’ input.

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By: Annon https://dollarsprout.com/i-spent-100000-flipping-pokemon-cards-during-the-pandemic-heres-how-it-went/#comment-129093 Mon, 23 Jan 2023 23:10:50 +0000 https://dollarsprout.com/?p=54280#comment-129093 Youtubers and streamers only focused on PSA grading and pricing have ruined all the TCGs IMO.

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By: Ben Huber https://dollarsprout.com/i-spent-100000-flipping-pokemon-cards-during-the-pandemic-heres-how-it-went/#comment-115626 Sun, 14 Aug 2022 04:22:12 +0000 https://dollarsprout.com/?p=54280#comment-115626 In reply to Dan.

That’s tough. I don’t know of one personally and can imagine that anything more detailed than Excel would actually be more time-consuming (purely because entering even more details would require intricate fields/drop-down boxes that take even more time to leverage).

(I’ve yet to find anything better in the last year or so even since I wrote this article, so if it exists, and you find it, let me know, hah).

Thanks for reading!

Ben

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By: Dan https://dollarsprout.com/i-spent-100000-flipping-pokemon-cards-during-the-pandemic-heres-how-it-went/#comment-115618 Sat, 13 Aug 2022 23:31:12 +0000 https://dollarsprout.com/?p=54280#comment-115618 Great article! I’ve been selling for a little under a year now, basically just extras and cards I did not want to keep in my personal collection. I am currently using excel to track my sales. Do you have a database suggestion that is better/less time consuming for tracking card inventory?

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By: Mary https://dollarsprout.com/i-spent-100000-flipping-pokemon-cards-during-the-pandemic-heres-how-it-went/#comment-115187 Sun, 07 Aug 2022 10:04:04 +0000 https://dollarsprout.com/?p=54280#comment-115187 Have you ever sold to someone in Japan? How does that work with taxes and duties? Especially when the package should be insured. Any help with this would be very helpful. Thank you.

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