With how prices have been in Pokémon. I keep seeing the question. Is it time to sell your cards with how expensive everything is?
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I thought it was time to sell last summer after cards I had tripled in value super quickly. Look how that turned out.
You can never predict the future.
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Nah
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Sell major collection goals I worked years to accomplish and would never be able to complete again? Absolutely not.
Reevaluate my at-times disparate collecting, slim down on extra cards, make tough decisions about what cards I truly enjoy and value vs what the money could do for me? Absolutely.
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Yes, but only the stuff that feels truly certifiable. Why stop at the Moon when we could go to Saturn? 
This is the answer right here
I’m selling what’s easy(ish) to replace or massively overvalued.
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The truth is that over 30 years the market has only gone up. Timing all time highs is nearly impossible but if history is any kind of road map then holding onto my primary collection will only service me later. If I don’t need to sell then I won’t because I never will get these things again most likely.
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I am too personally attached to my cards so even if my card collection reaches $100k in value I still will refuse to sell them
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“you should sell it because its so much money”
you just wouldn’t understand.
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avg person doesnn’t realize the concept of: if you don’t need the money or have no use for the money right now, there is 0 reason to sell.
Obviously if you need the money and are going into debt by holding cards than thats a different story.
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Or if the money can help advance your life forward in some way and do things for you
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Sell when and what makes sense to you.
There are many cards I see as overvalued that others don’t, and vice versa. As long as you’re happy with what you receive in the exchange then you can’t be too upset with the future.
There have been innumerable sales preceeding the current market state, all selling for less, but these sales have bought houses, supported families, afforded people trophies, or completed people’s collecting goals. As long as you advance something and aren’t selling for the sake of selling, I think it’ll all be okay.
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I do not think this is true. Even if someone has “no use for the money right now"—i.e., they have no specific, pressing need for cash—they still need to think about the opportunity cost of keeping their money in Pokemon cards. And it may be a good idea for someone to diversify a bit and not have all of their money in Pokemon cards, especially if their values have skyrocketed and become an outsized proportion of their net worth.
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A lot of the longer term collectors built their collection on just $3. So it doesn’t feel like you are parking money in Pokémon instead of something else that is “more responsible”
If someone has no debt, a house paid off, and a comfortable savings built up, there isn’t really a need to sell things you care deeply about
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It does not “feel” like that, but that is what it is because opportunity cost does not take into account what you started with. To be clear, I am not saying that keeping money in Pokemon is a bad choice, but people who have a ton of money in Pokemon (especially those who started with $3 and never made an active choice to have that much money in Pokemon) should just take stock of their full financial picture, risk tolerance, etc. and see how Pokemon fits into it.
I think this is really important for young people who have come into a windfall from Pokemon and may be able to set themselves up with more traditional investments with a long runway and lots of time for compounding gains.
But at the same time, I am being a hypocrite because I have only sold 5% of my collection at these all times high (cards that I think are overvalued and can always go back and buy again). And the reason is that it is hard to let go of cards I care about, but at a certain point it just seems silly not to.
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To me, it’s not the amount of money that I put into the card, but the card’s market value relative to what I paid. If I bought a $3 card that went to $1,000 or $10,000, I would sell it even if I didn’t need the money.
I’ll give an example. I recently sold a card for just over $3,000 that I paid $41 for. That is insane and unnatural. If I want, I could buy an ungraded copy or a lower grade substitute for $20-$100. It would have been, in my opinion, completely irresponsible and selfish (and stupid) for me to have kept the card given the opportunity-cost. Even if I was a multi-billionaire, I would have sold the card because it was obnoxiously overpriced and I have many options to move forward for my collection’s sake.
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Revolving door has treated me extremely well, sell cards into strength and reinvest into something more undiscovered for free in essence
Mind sharing what the 3k card was?
I don’t agree that just b/c a card goes up mean its overvalued.
If there’s a million of them and they are 5-10k maybe yeah overvalued. Like 2002 jp mcdonalds promos as an example.
No you wouldn’t have. If you have multiple BILLIONS of dollars, you wouldn’t sell a $3,000 card.
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