With the online market place exploding across America the buying and selling of baseball cards is no different, in this guide we will teach you how to make money with baseball cards.
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1) Find Out What People Want
Every team has fans and every fan loves a certain player more than the others, this is what makes that player popular and the popular players are the ones that sell the most baseball cards.
To begin with you will need to create yourself a list, on that list write down all the different teams that play baseball. Once you have your list of teams you need to come up with a list of their great players – both past as well as present.
Now each player does not just have one or two cards, this is where you need to start doing some more detailed research to make sure you get the complete list of cards for each player. Now that you have your list of players and cards you are ready for the next step.
2) Time For More Research
Now that we have our list of players that we want to focus on we need to start getting a handle on how much each card is currently worth. There is no doubt that eBay is the market leader for people to use when they are selling sporting goods.
If you already have an account great, if not you should take the opportunity to sign up for one. Start looking through your list of players and work out what prices they are selling for and if they are popular (do not forget you need to make sure it is the same card as well as the same player), you can easily follow each sale item without putting a bid on it. Once you have the information put it next to each player’s name and card type.
3) Speculate to Accumulate
Anyone trying to take the step away from their regular day job and make some money from a product has to spend some money, it is an unfortunate necessity and selling baseball cards is no different.
You will need to buy some cards before you can sell them. The advantage of baseball cards is they are not perishable and they have a monetary value so by buying them you are investing your money in a different way.
Have a good think about how much you want to spend on the cards, do not put yourself at any financial risk by doing this but at the same time you need to make it worth your while.
4) Time to Buy
You are now ready to start buying your cards, you should have everything you need by now. On your list you will have the team, the player, the card type and the amount it normally sells for.
It is time to start scouring those eBay pages for cards that are on sale for anything 20% (or more) less than the price they normally sell for (the figure you wrote down earlier.)
When you are confident you have found some you are ready to buy, remember EBay is an auction site so some cards you will need to bid for and some you will be able to buy immediately. Take your time to learn your way around all the functions on the site and only when you are ready should you purchase.
5) Time to Sell
Your cards should start to arrive through the post very shortly, always take time to inspect they are what you were sold and also that the condition matches the description. Once you are happy you can start listing the cards back on the internet to sell, my advice in the beginning would be to again use eBay but as you become more experienced you may wish to research other online selling sites.
Always take the time to give full accurate descriptions of the cards and set a reserve price on the cards at a price you are happy to sell at.
These simple steps should start to turn you a profit in a short space of time and by following them accurately that is how to make money with baseball cards.