I Bought $1 Sports Cards To Flip and Made $___
Summary
TLDRIn this video, the creator dives into the world of sports card collecting, showcasing various cards and their estimated values. From LeBron James' rookie cards to rare finds like Deshawn Jackson and Devin Hester, the video emphasizes the thrill of estimating card values based on past sales and market trends. The presenter shares their personal experience and expertise, revealing how a $245 investment could potentially grow to $744. The video highlights the excitement and unpredictability of the card collecting world, with an emphasis on the value of rare and vintage cards.
Takeaways
- ๐ The speaker has a strong understanding of sports card pricing based on past experience and market trends.
- ๐ They estimate the value of their sports card collection at $744, based on a $245 investment, showing significant profit potential in card flipping.
- ๐ Pricing estimates are based on actual past sales and comps in the market, not just speculation.
- ๐ Some cards, like LeBron James' and Kevin Durant's, are priced at $8 due to their popularity and past sales data.
- ๐ The speaker emphasizes the rarity and value of certain cards, such as a 2012 Deshawn Jackson Prism football card, which is priced at $20.
- ๐ The speaker uses both basic math and market research to determine the value of each card, but admits some minor inaccuracies in the estimations.
- ๐ The speaker highlights the excitement and nostalgic value of certain players, like Deshawn Jackson and Devin Hester, both of whom are considered legends in their respective sports.
- ๐ A significant portion of the collection's value comes from rare or hard-to-find cards, like the 2012 Deshawn Jackson Prism and Devin Hester's rookie card.
- ๐ Sports cards can vary in price based on factors like player performance, rarity, and collector demand, making it a dynamic and unpredictable market.
- ๐ The speaker expresses enthusiasm about the fun of the hobby, even with the uncertainty in pricing and sales, showing that the process is as enjoyable as the potential for profit.
Q & A
What is the main purpose of the video?
-The main purpose of the video is to share the creator's experience of investing in sports cards, estimating their value, and discussing the potential profits from such investments. The video provides a breakdown of different cards and their estimated worth.
How does the creator estimate the value of the cards?
-The creator estimates the value of the cards based on previous sales, auction comps, and their own personal experience. They mention selling specific cards in the past and reference current market values to make informed estimates.
Why are the LeBron and Anthony Edwards cards priced at $8?
-The LeBron and Anthony Edwards cards are priced at $8 because the creator has sold similar cards at this price point before. It reflects their personal experience with these cards' market value.
What is significant about the Deshawn Jackson 2012 Prism card?
-The Deshawn Jackson 2012 Prism card is significant because it is from the first year of Prism football cards, making it a rare and valuable item. The creator estimates it to be worth around $20 based on current comps, though it could be worth more.
How does the creator feel about Devin Hester's impact on the game?
-The creator has a lot of respect for Devin Hester, emphasizing his excitement and electric performance as a kick returner. They highlight how Hester's contribution to the game is not as appreciated by younger audiences since kickoff returns are no longer as prominent in the game.
Why does the creator mention that pricing can be off by a few dollars?
-The creator acknowledges that the pricing can be slightly off due to the fluctuating nature of the market and the variability in card sales. They admit the estimates are not always exact, but they provide a reasonable approximation based on current trends.
What does the creator mean by 'the math might get a little sticky'?
-The phrase 'the math might get a little sticky' means that the creator may not be 100% accurate with every card's price, but the overall estimation is still sound. They are being transparent about the potential for slight errors in individual card valuations.
How does the creator feel about the $744 total value on a $245 investment?
-The creator is excited and satisfied with the $744 total value, as it represents a significant return on a $245 investment. They consider it a successful outcome, especially for a video focused on card valuation.
What role does market experience play in the creator's pricing estimates?
-Market experience plays a major role in the creator's pricing estimates, as they have personally bought and sold similar cards. Their hands-on experience allows them to make more accurate predictions about card values based on historical sales data and current trends.
Why does the creator mention that younger audiences might not appreciate Devin Hester's career?
-The creator mentions that younger audiences might not fully appreciate Devin Hester's career because kickoff returns are no longer a major part of the game. Hester was known for his electrifying returns, but with changes in the NFL, his style of play might not resonate with those who havenโt witnessed it firsthand.
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