sdkammeyer
01-24-2013, 04:37 PM
Obviously there is no right answer here, but the thread about "What kind of collector are you" got me thinking..... so let's take it a little further.......
If you were given $5,000 and roughly a 30 day time table to make a profit off that 5k in the baseball card industry what would you do?
Over the last couple of months I have had a great time buying up smaller lots, keeping a card or 2 for my personal collection, and then flipping them to recoup my investment. This is definitely not a profitable endeavor, and I am not really expecting great profit, but it has given me a chance to meet some GREAT people, and also have in my hands (if even for a short time) some cards that I might not normally have....... plus I get a card or 2 for my own collection off of each lot :)
So let's assume you had 5k to do anything you wanted, what would you do to make an attempt at turning a profit? Would you......
--Seek out 1 high dollar card at a great price and flip it?
--Buy a $5,000 lot of tobacco cards (since they are hot right now) and flip them?
--Buy a wax case of something and send in the best cards to be graded and resell?
--Purchase a lot of good conditioned raw vintage, send them in for grading and resell?
There are many many more options out there ....... but what would you do?
If you were given $5,000 and roughly a 30 day time table to make a profit off that 5k in the baseball card industry what would you do?
Over the last couple of months I have had a great time buying up smaller lots, keeping a card or 2 for my personal collection, and then flipping them to recoup my investment. This is definitely not a profitable endeavor, and I am not really expecting great profit, but it has given me a chance to meet some GREAT people, and also have in my hands (if even for a short time) some cards that I might not normally have....... plus I get a card or 2 for my own collection off of each lot :)
So let's assume you had 5k to do anything you wanted, what would you do to make an attempt at turning a profit? Would you......
--Seek out 1 high dollar card at a great price and flip it?
--Buy a $5,000 lot of tobacco cards (since they are hot right now) and flip them?
--Buy a wax case of something and send in the best cards to be graded and resell?
--Purchase a lot of good conditioned raw vintage, send them in for grading and resell?
There are many many more options out there ....... but what would you do?