Make Money Selling Pokémon Cards

Video how to make money with pokemon cards

Think you can strike it rich by selling your Pokémon cards? Think again! While some cards can fetch a pretty penny, most are only worth a few bucks. So if you’re looking to make money from your collection, don’t expect instant riches. Instead, focus on selling cards that are in high demand and hold significant value. With a little luck and some smart moves, you can turn your Pokémon trading card hobby into a modest side-hustle!

It’s Possible to Make a Side-Hustle

If you love Pokémon cards and want to turn your favorite hobby into a side-hustle, it’s definitely doable to buy and sell cards for a profit. The card market has similarities to the stock market. Some cards, like Charizard, steadily increase in value, with temporary dips, while others can be more volatile, experiencing sudden spikes or drops. When a new and desirable card hits the market, its value starts high and gradually descends. Timing is crucial, but we’ll discuss that shortly.

The point is, making money from Pokémon cards is possible, but it requires experience in the hobby and the ability to buy low and sell high. It’s not as easy as it may seem.

How to Buy and Sell Pokémon Cards

The golden rule of making a profit is to buy low and sell high. If you follow this rule, you’re bound to make money. But where can you find low prices? And is it better to sell locally or online?

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Since the card market is ever-changing, you’ll want to keep tabs on card prices. The simplest way to do this is by observing sold listings on eBay or using Pokémon statistics websites like pokedata.io. If you notice a card you’re interested in experiencing a dip in price, seize the opportunity and buy it. Then, exercise patience and sell when the demand for that card increases.

Of course, this strategy works for short-term gains. If you’re looking to purchase cards as long-term investments, it’s a different ball game. However, if you want substantial profit margins, you’ll need to put in some extra effort and hunt for cards at bargain prices. Thrift stores and yard sales can prove to be treasure troves, especially when you stumble upon old collections being sold as a whole. Who knows, you might even find an original Charizard, a hidden gem that could fetch a hefty sum.

So, the formula is simple: buy low and sell high. But there’s a common mistake that many enthusiasts make.

How Not to Buy and Sell Pokémon Cards

One of the most prevalent errors is purchasing sealed products with the intention of opening and reselling them. The Pokémon Company releases new sets every couple of months, each containing a few sought-after cards. These “chase” cards attract people who are willing to spend a fortune to acquire them.

A booster pack usually costs around $5 retail and contains 10 cards. If you’re lucky enough to pull one of these coveted chase cards, you could sell it for a massive profit, sometimes exceeding $500. But here’s the catch: the chances of pulling these rare cards are incredibly low. It’s almost like gambling, and once you start, it’s hard to stop. Imagine spending $1,000 on sealed products in hopes of snagging the latest Charizard, only to end up empty-handed. While you might obtain a few valuable cards along the way, the odds are stacked against you, and you’ll likely struggle to recoup your investment.

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Buying sealed products with the hope of pulling an expensive card is a risky move that often ends in disappointment.

Timing Is Key

To succeed in the Pokémon card trade, you need to buy low and sell high. But wouldn’t it be great if you could predict card prices? Well, there are a few techniques you can learn to do just that.

  • Flipping Modern Cards Short-Term: For short-term flips of modern cards, focus on the first six months after a card’s release. During this period, prices are typically at their highest.
  • Research and Preparing: Often, information about chase cards or entire sets leaks before their official release. Take advantage of this by conducting thorough research and identifying the most valuable cards. You can even create an eBay listing in advance, ensuring you’re ready to list as soon as possible.
  • Auction Strategy: Monitor eBay closely and place low bids on any listing you can find. If you successfully win an auction at a decent price (below market value), immediately list the card at a higher price.
  • Timing the Market: Keep a close eye on the market during the first few weeks after a set’s release. These cards tend to sell rapidly before experiencing a dip as the supply increases and eventually stabilizes.
  • Stay Informed: Sometimes, holding onto cards can pay off. Community events, media coverage, or influential figures like Logan Paul can cause a spike in a card’s value. For example, when Paul’s YouTube channel brought attention to the original Charizards, their prices inflated almost overnight.

Final Thoughts

You might have heard that predicting the stock market is challenging, but trading Pokémon cards? It’s a piece of cake! Well, maybe not that easy, but you don’t need an MBA degree to make money from this hobby. Once you grasp the art of buying and selling, timing becomes the key to success. Knowing what types of cards people desire can save them time and money, as they won’t have to search through countless stacks at local game stores or online marketplaces.

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Remember, there are various types of collectors out there willing to pay top dollar for certain cards based on their rarity alone. And did you know that many sellers consider eBay their front page?

For more tips on buying and selling cards, check out our other posts. And good luck on your Pokémon card journey!

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