LogFAQs > #951410409

Well basically I like to keep a velocity of money in my business, so there are some things I may be likely to pass on to my kid for his future in terms of "never sell."

But basically outside of my big winners (PSA 10 retro cards, vintage sealed product) I have this basic method:

I buy things for MSRP and see how the market goes. An example of this is the "Hidden Fates" set that released 2 years ago. I bought over 30,000 dollars worth of that for -15% of MSRP from a bulk retailer. So these tins that came with 4 packs and promos retailed for 20, I was paying 17 per because I let them open the tins and just send me the promo cards and packs (saves them a shit ton on shipping)

So anyway those tins now go for 60 dollars each or so, meaning that the cards inside are worth a lot more.

So then I send them in for grading. A PSA 10 is worth about 2.5 times a raw card is usually for new sets. So if something is worth 100 raw a PSA 10 would get me 250 while a PSA 9 would get me like 175-200 probably.

So a card that may have been worth 30 is now worth 90 raw and is nor worth 160-250 graded. Because of that I know I am making a good deal of money on that card.

Also certain cards tend not to inflate as much. Charizards inflate because everyone loves them, so those I am often times hesitate to sell.

Lots of different factors basically but yeah I could realistically hold forever, but my process of diversifying is selling my "stock" of a card and reinvesting it in newer or older sets and obtaining variety basically.

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Sir Chris
Doom The Kanto Saga - Animated Series - https://www.youtube.com/watch?v=6hH4wNFCrLM