At American Legends, we know all about buying and selling baseball cards, which means we know what it’s like to be in your shoes. Not only do we have experience in the industry, but we are also passionate collectors with our own personal collections and strategies. That’s why we know how important it is to sell your valuable cards, as they can be considered as investments. Keep reading to learn 3 of the things that you should do when you’re selling your cards.
3 Things to Do:
- Consider the Demand: If you look online and see that there’s not a demand for your card, then you should consider what strategy you should use. If you see your cards as a long-term investment, then it may be worthwhile to wait to see if the card will be in high demand again. You’ll be able to tell if it’s in high demand based on how many of the same cards are circulating in the market, as well as the price that they’re selling for.
- Evaluate What Cards You Have: A big mistake that some traders make is that they try selling baseball cards without knowing what their cards are worth. This could mean that they have a hard time selling them because they’re asking for too much, or they can under sell them. Before selling them, evaluate the cards closely, considering what era they’re from, what player it is, if the card has something special about it (an error, for example), and the condition of the card.
- Take Your Time: Your collection is an investment; in some cases, a card will get a lot more valuable over time. Consider the pros and cons of making a sale. For instance, maybe your card is worth $5,000 today, but how much do you think it will be worth in 5 years? Whenever you choose to make the sale, think of the time you spent as an investment, so it shouldn’t be rushed.
In our next article, 3 Things Not to Do When Selling Cards, you’ll learn more valuable tips to consider when you’re selling your cards.