So I was listening to a podcast and someone mentioned (not sure if he is member here or not), that everytime he sees a PSA 10 of anything at $25 or less he buys it. I guess by the time you factor in grading price this probably isn’t bad deal especially with the older stuff.
This got me thinking if anyone else has a magic PSA 10 price? Or maybe a magic price for a certain grade in a certain set like maybe a Base set PSA 8 for $25(this might be way off I’m not familiar with the base set stuff other than I know it’s really pricey, lol, but you get the point)?
Not exactly what you are going for, but I like to do this when setting rules for myself with buying cards. Up until October it was any PSA 9 First Ed. Holo (pokemon not trainer) under 100$ on auction was a instant buy. Any PSA 9 EX from a gen 3 set was a buy at 60$. It made it so I felt happy with the price I paid and stopped me from chasing cards that at the time might have been expensive. It worked out very well for me, I am currently doing it with Aquapolis/ expedition holo 9s under 150 which there is plenty of. It is really a personal call on what you think is underpriced at the end of the day.
This just sounds like a lazy flipping method. You’re just gonna acquire a bunch of cards that you don’t care about that will take too much time to flip for minimal profit. There’s much better methods to building a collection/making money if that’s what you’re trying to do with this hobby
Only for cards that I like. I wouldn’t be picking up random PSA 10 cards just because they are extremely cheap.
Picked up a PSA 10 Sabrina’s Gengar (the japanese one with the banned artwork) for $240 last week because it was too cheap to pass. I definitely wasn’t planning on buying it when I started the day, nor was it a collection goal, but it has so much going for it as a collectible that I just had to pick it up.
Would I have done the same if I was able to buy 20 copies of Golisopod GX in PSA 10 for $12 each? Absolutely not. (Sorry, Golisopod fans its nothing personal, just trying to illustrate a point)
Not at all. Even if you are buying them for cheap it is still money away from your collection goals. I would much rather wait and put the money towards something I need for my collection than buy something just because its a PSA 10. “buy the card, not the grade” etc. I know that gets said a lot here but it is true the majority of the time for most people.
Thanks for the info. I might have been misleading. I defiantly don’t plan on purchasing every psa 10 for $25 or less. Most of the cards I want aren’t outrageous in price and are actually attainable with a little effort.
I defiantly don’t have the time to try and flip every $25 card either. Unless I thought I could get $50 for it or more, anything less than that really isn’t worth my time in my opinion. By the time you add fee’s, shipping, and listing time it’s almost no profit margin.
In the mean time I’ll continue to work on my collecting goals, narrow them down and start trying to build my own little position in the hobby, if you can even call it that.
I’m not going to buy something I don’t want just because it’s cheap. Things I don’t want and can’t sell for enough to make worthwhile have negative value to me because they just take up space.
I’ve done this mistake in the past - bought a lot of junk just because it’s cheap, ended up selling for even cheaper just to get rid of it. Buy only what you really need.
Totally… sadly 99.99% of the US based sellers on eBay are lazy af and just slap everything on GSP making that $25 bargain a $55-100 card and no longer a bargain.
