Long gone are the days when sports cards were just a hobby, now you can incorporate these sports cards collecting activities to make money. If you are fond of collecting sports cards, you are not the only one who enjoys it. It has been popular for decades, but in 2020, after the Covid, it’s turned into a business that made people millionaires in no time.
The past year has been record-breaking in the most expensive card. As of October 2021, 13 sports cards have sold for over $1 million. Here’s what you need to know about investing in the best sports cards in 2022 to turn your hobbies into making big bucks.
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An Interesting Gateway to a Short Or Long Term Investment
Sports Cards has become an apple of an eye for investors because this has become fun. Every investment comes with planning, budgeting, goals, and risks. If you are up to investing in sports cards, you need to consider a few things seriously. Sports cards have always been a good investment idea, whether you plan a short-term ROI or a long-term investment strategy.
Long-term growth means less risk, and for that, you should be thinking generationally. In this way, the focus is on a player’s outstanding gaming history rather than the cards themselves.
If you’re a short-term investor, you should be looking into a smaller investment that comes with more risk. A quick bucker believes in cards that are undervalued but will skyrocket with time.
Investing In Sports Cards Is Such a Good Idea
There is a reason behind the popularity and sudden boost of any business. Several factors conclude why investing in sports cards is not a bad idea:
- The best investment for your future as a hobby.
- A rare card holds more value than the others.
- Buying sports cards that will increase in value over time.
- Secondly, draft a portfolio following good research and learning.
- In February 2021, sports cards sales were reported by eBay to be 142 percent over 2019.
Best Sports Cards to Invest In 2022
There’s been a great competition when selecting the best sports cards. Once you decide on moving forward with the business, the next comes which cards to choose for investment.
Choosing the best sports cards can be a critical task if you are a newbie. We have listed down some of the most famous and valuable sports cards of all time to invest in 2022:
- Mickey Mantle 1952 Topps PSA 9
- Luka Doncic 2018-19 Panini National Treasures Logoman 1/1
- Mike Trout 2009 Bowman Chrome Superfractor Auto BGS 9/10
- Honus Wagner 1909 T206 PSA 5 (MC)
- Tom Brady 2000 Panini Playoff Contenders BGS 8.5/9
- 1989 Ken Griffey Jr. Upper Deck RC #1
- 1979 Wayne Gretzky Topps/OPC RC #18
- 1909 Ty Cobb T206 Red/Green Portrait
- 1992 Mariano Rivera Bowman RC #302
Top Places to Buy/Sell/Trade Sports Cards
Whether you are a new seller or a pro in the world of sports cards, you will experience a hard time figuring out where and how to sell your cards. You also need to watch out for all the frauds in the market and make sure that you only deal with an authentic dealer such as A&B Trading Cards and Collectables.
These are the ten unique and amazing places to sell sports cards for you as a beginner:
- Offer Up
- Card Shows
- Tonye Trade
- Dake & Adams
- Sports Cards Shops
- Direct online selling
- Special Shows or Events
Planning Is The Key To A Successful Business
Haven’t planned how to start a sports cards business? Don’t worry; we have put up the process in easy words. It requires effort, dedication, and goal-setting. If properly planned, even small businesses become more extensive and return huge investments.
Set Your Budget
Even millionaires will be in debt if they don’t know where and how to invest correctly. If you don’t plan your budget, you will end up spending a lot more without having advantageous returns. Your investment and comfort contribute to deciding the budget. Without a proper budget plan, you will not be able to determine which sports cards to buy. If you are struggling with your budget to find suitable and genuine sports cards, connect to us at A&B Trading Cards and Collectables.
Recognize Your Financial Goals
When a person decides on investing in a sports cards business, he must know what he is looking to accomplish financially. Always stick to your budget and buy sports cards that are great in value. Wait for the right time to buy or sell your sports cards, and always intend to spend less and save more to play like a champion in a sports cards business. Follow the sportscards trends to update new and old cards ruling the industry.
Expensive Sports Cards Worth The Money
There are several options available in the market for choosing sports cards. Every sports card is unique and always has unpredictable elements due to market fluctuation. You could have a wide range of sports cards ranging from cheapest to the expensive ones which can get you massive profits in less time. If you are looking for sports cards worth the money, they can be harsh on pockets. Below are some of the most expensive sports cards in history.
- 1909 T206 Honus Wagner ($3.12 Million)
- 1952 Topps Mickey Mantle ($3.12 Million)
- 1951 Bowman Mickey Mantle ($1.4 Million)
- 1916 Sporting News Babe Ruth ($2.4 Million)
- 1963 Topps Pete Rose ($150,000)
- 2009 Bowman Chrome Mike Trout ($3.94 Million)
- 2003 Topps Chrome Refractor LeBron James ($21,225)
- 1909 T206 Eddie Plank ($250,000)
- 1909 American Caramel E90-1 Joe Jackson ($667,000)
The Bottom Line
The most popular trading cards are sports and baseball cards out in the market. Still, if you are more into soccer, basketball, soccer, and hockey, there are ones for you too. Still, If you are not interested in sports, you have various sports card options to invest your money in, such as games, entertainment, history, TV, books, music, and movies.
There’s no going back once you know how to sell and make money from sports cards. No one knows what value a card holds, and you should only invest if you can bear losing that money. There are many fake cards in the market, and you should only trust an authentic dealer such as A&B Trading Cards and Collectables.