Top 10 MISTAKES I MADE When Buying Sports Cards🙅‍♂️❌SCIU EP. #5

In this episode of Sports Card Investor University, Geoff talks through the 10 biggest mistakes to avoid when getting into The Hobby.

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[peterhamouroudis]

You forgot a mistake. Drinking while eBaying on a Saturday night! This hurt me summer of 2020 😂🤣😂. Don’t drink and eBay!

[briane]

Just started collecting again since I was a kid. The market had changed immensely. Thanks for the tips.

[ibNuttin]

1. Not checking price history before buying
2. Thinking all positions created equal (Rudy Gobert)
3. Thinking performance dictates prices (Patrick Mahomes hype)
4. Chasing an overly hot market (fomo)
5. Not keeping good records (market movers)
6. Not understanding value of star players (Luka Doncic)
7. Assuming raw cards grade well
8. Buying singles from new products
9. Buying too many rookies (Kendrick Nunn)
10. Thinking flipping cards is easy

[maxgarza]

If you collect for the love of the hobby you’ll never lose 👌🏽

[mhoke]

I would say that putting money in rookies that have potential to be huge a couple years later is not a mistake, but it's a gamble. It's ok to do, but you have to know it's a high risk-high reward thing.

[cardlens]

Great video. The top tip from my experience is being super disciplined with buying. Research price history. Negotiate to a low but fair price. And dont overbuy volume. You can get stuck with a lot of inventory that will take a long time to sell if you overbuy in volume of a particular card or set.

[danoarmy]

Just buy singles of the cards you want instead of ripping boxes. You save more money than gambling expecting an big hit.

[jeremystark]

My biggest mistake was not going all in on 2003 Topps Chrome basketball, I had a chance to buy a full sealed case for under retail & passed on it.. I'd be sitting on a gold mine if i would've got that case and put it away til now. Also I missed on Pokemon as I ran shop from 1998-2005 and never thought pokemon would be of any value. I had 2 or 3 full cases of 1st edition & one fossil case 1st ed.

[milktruck]

My mistakes are I love cards and don't sell them or get them garded.

[kellyschauer]

Regarding the buying the singles from new sets. If a hobby box costs hundreds of dollars but guarantees at least 2+ autos, at times you may be better off buying those autos or numbered cards you want individually as you may pick em up for much less than what an unopened box sells for VS. getting caught up in the chase.

[rafeer]

One of the mistakes I made was seeing your top 5 videos and then going and buying those players. At that point it was too late, and I ended up buying right before they went down. Thanks jeff

[insertcity]

Funny how defects in coins make them more valuable, yet in cards, less valuable 🤔

[Planclanman]

Another good tip, Don't get into competitive auctions. I've seen several online auctions go 120-170% of the actual value because people get fomo last minute and stubborn and won't withdraw from auction. There is always a buy it now with better value.

[burgerguyhi]

My current mistake is that not all grading is equal. I bought graded spans but not PSA or BGS. I feel like the cards are mint but won't be considered when i resell because of the grading company.

[ladybughummingbird]

That's where the new collectors misunderstand the hobby. In collecting sporting card. The sports card company can not make all cards in mint conditions.

[davidouellette]

Thanks so much for the vids you make for the pc like me, i have learned so much since i started watching your vids in a few months than i did in years. I know i personally have made many mistakes in the past but my biggest one is not doing any checking of past sales and being a impulse buyer, if i see it and like it, i used to buy it, not no more. like i said earlier, you have taught me so much recently and i want to thank you and your community for the non stop information. Thank you and Be safe everybody!

[Permagasm_Donor]

My opinion as a new investor/collector buying hobby and blaster boxes have this excitement of not knowing what you will pull! The national treasure and others like it are even more exciting( if I could afford it). That is pretty much why I spend all my money on football cards! Great video! 👍

[chucknice]

11. Expecting good value out of retail boxes or even hobby for that matter

[footballdude]

When I first got into collecting cards I bought so many single cards on whatnot. It was a rush but a very bad investment thinking I could resell all of them. Now I just buy graded cards and singles from friends

[UncleAL]

I spend so much more money overpaying early in releases, because I am buying for my PC - my cards are an investment, but it will be an investment my niece and nephew will benefit from.