IS IT STILL PROFITABLE TO GRADE SPORTS CARDS WITH PSA IN 2024? $250,000 MIDYEAR SALES REVIEW 

That’s incredible! I have an experiment that I’ll be running soon that’s gonna be similar. Not at that volume but significant enough.

Also depends on the grader. I also had an order of 50 cracked 9s and only 33% came back gems, and I think that is breakeven at best.

Yup that’s the sweet spot. New release comes out, don’t even look at it for a week or two. Let the guppies flock to it while everything depreciates. At that point prices are a bit more stable and you can do really well

That’s a great place to be! Big market size. Nobody wants the cheapies and the big cards are too speculated. I love that mid tier valie

My man! Appreciate the comment my good sir

@@TylerShortpretty sure he’s saying you’re unlikeable lol

This isn't his occupation.

Was gonna say, somebody has got my back haha

You should and drop commenting lies. Be better

Right now it is, but I will say, if we get 2-3 years of bad rookie classes, combined with the mass print runs, we could see the card market go through a world of hurt. We are lucky we have Wemby, Stroud, Skenes, Caitlin, Ohtani and Judge keeping interest somewhat high. Having said that, with sports, there always seems to be someone that everybody is talking about and I suspect that will be the case as time goes on

Thank you sir!

I’ve noticed prospecting is indeed really down and I’m okay with this. More so the prospecting market is “unintelligent.” They keep flocking to the Bowman release headliners like Crews when the resume never supports them as a player who should be bought let alone at the prices they command. Good news is some quality names can and do fly under the radar. As for scanner and software, I have recently started using card dealer pro and I’m sold. It’s not perfect, but the things you can do with it to scale are incredible. The scale isn’t necessarily for gross sales for me but I can move $1-$10 cards super easy where as before I would never have been able to dedicate the time to list stuff which is so cheap given the time. Will be making a vid on it.

I'm still wondering if we have to pay grading fees if we're going to consign

My condolences bro. Auctions are no bueno

My man Joel, always here since day one

@@TylerShort u know it

My man Eric! I’ll see you in Cleveland sir

@@TylerShort LOVE IT!

Yes to all questions. I have an SCorp which does not immediately provide tax exempt status as I still have to file with the state for a tax exempt certificate which I did for the first time this year. That was a massive boost to the ROI that if I hadn’t done, would be costing me tens of thousands of dollars. It’s basically saving me 6% off the top of my gross income. As to the second question about cap gains. Yes, blend of short term and long term based on if I sold over a year or under a year

Awesome! Keep it up and I love Payson. I drove through there several times this past winter on the way to Sho Low. Loved the skiing there.

I actually think it does. Eventually the supply will dry up and we will hit a nominal level of cards hitting the market that is able to be absorbed at a stable price level. 2018 Luka is a prime example. His stuff hit a bottom eventually. Hard to project when that bottom will be but there’s the flip side where if he makes strides like most think he will, there could be a bump as the supply pressure disappears

Yup! All eBay over the consignments or auction houses. Just more eyeballs relative to fees

@TylerShort so more eyeballs at ebay vs PWCC or other places? Could I snag a working copy of your spreadsheet?

I am indeed! Very surprised it went off for the price it did. That was a heck of a deal

Auctions are no bueno unless the item is hot or new

I created a vid and decided not to upload it breaking down my thoughts. TLDR, yhe difference for me is the 2-3% difference in fees which on $500k sales amounts to $10k-$15k, so aside from the sweet spot after $1,000, I don’t see myself using it. The big flaw is its auction only which is straight up wholesaling inventory. I do much better with BIN/BO

@@TylerShort I believe BIN option will rollout soon too. I don’t do the volume or sales numbers you got but I know I “promote” my listing at 5% so I’ll give 2-3% if it means I don’t have to deal with shipping or CS lol just my opinion and wanted your thoughts on it. I think that would be a great video to cover.

The first draft that I made was VERY harsh on this deal. Mainly because I don’t think the fee structure was advantageous but the more I’ve thought about it, it actually is a good model and tradeoff, so I’ll see if I can revise and push out a vid on my thoughts

Yup that’s a sweet spot. Mine is averaging right around $28 or so bux per slab graded in profit. So not horrible, could be better could be worse

I've stopped wasting my time on base profit can be made with 10s but 9s are useless now days on base cards for the most part. I stick with the if I can't break even on a 9 don't grade it.

This guy will always appear in the comments