How I’m Turning $50 into $500 by Flipping PSA Pokémon Cards | Week 1
In a world of constantly evolving trends and investments, Pokémon has managed to stand the test of time and remain a beloved franchise cherished by millions of fans worldwide. As the years go by, the value of Pokémon collectibles has skyrocketed, making it a potentially lucrative market for those with a keen eye for rare finds.
With a modest investment of just $50, I embarked on a journey to turn it into $500 by flipping PSA graded Pokémon cards. PSA stands for Professional Sports Authenticator, an independent authentication and grading service that provides collectors with a trusted and standardized ranking system based on card condition and rarity.
Week 1 was all about research. Armed with my budget and a passion for Pokémon, I delved into online marketplaces, forums, and databases to identify potential contenders. I meticulously studied auction websites, paying close attention to completed sales to gauge market demand and pricing trends.
One valuable lesson I learned was that not all Pokémon cards are made equal. Rarity and desirability play major roles in determining a card’s value. Promotional cards, first editions, and those featuring iconic or fan-favorite Pokémon are known to command higher prices.
After thorough research, I narrowed down my options to a select few Pokémon cards that showed potential for profit. Armed with this knowledge, I began scouring local garage sales, flea markets, and online trading platforms, hunting for undervalued cards that had the potential for a significant price increase once they passed through PSA’s grading process.
Week 1 yielded mixed results. I managed to find a few promising Pokémon cards at a local garage sale, where unsuspecting sellers did not realize the true value of what they had. I snagged a first edition Charizard card and a holographic Mewtwo, both in decent condition, for a mere fraction of their potential market worth.
However, I encountered my first major obstacle when it came to financing the PSA grading process. Grading Pokémon cards can be quite costly, with fees varying depending on the card’s estimated value. To stay within my budget, I had to prioritize cards that were most likely to yield a significant return on investment.
I decided to approach a local collector who already had experience with PSA grading. He was kind enough to offer a discounted rate for my cards, helping to alleviate the financial burden. It was a valuable lesson in the importance of building relationships within the collector community.
At the end of Week 1, I couldn’t help but feel a sense of excitement and anticipation. From a humble $50 investment, I had managed to secure potentially valuable Pokémon cards, with the potential for exponential growth in value once graded. However, I also had to remain cautiously optimistic, aware that success in the Pokémon card market is not guaranteed and requires a vigilant eye for upcoming trends.
As I continue this thrilling journey, I eagerly look forward to Week 2, where I’ll be mailing off my selected cards for grading and eagerly anticipating the results. Will I be able to turn my $50 into $500? Only time will tell, but one thing is for certain – the world of Pokémon card flipping is a captivating and potentially profitable endeavor for those willing to put in the time and effort.
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Hell yeah, dude.
After studying the population and choosing a card I flipped my first card bought at $45 to $235
Ok I’m confused. I’m new to this and here to learn. So if you bought a already graded card for one price, why would somebody else buy that card from you for almost double what they get obviously get it online? What am I missing
I started collecting again recently. Looking to flip at least one card soon
Interesting! I had stocked up on quite a few Pokémon cards on ebay/whatnot. And relisted on eBay. I’ve had zero luck. No one seems to want to buy the card full out.only bid…I find myself holding cards for weeks before opting out on the risky auction option.
I even got a ancient mew, mew detail and black star promo lot for 22 bucks and struggling to sell for 30!
hey dude you have a mix between american and british in your accent
Do you find auctions with low bids then you bid at the last moment?
How do you decide what to keep long term, eg the Delivery Pikachu went through the roof for no reason
Can you do this by making an eBay account now, or will people not see it?
I bought $500 worth of raw xy ev Charizards and doubled my money. Rinse and repeat.
Awesome
Hold on what about the tax amount that you paid when you bought those cards? You said you're not adding shipping but that's almost 20% of your profit. Also, what about shipping cost to ship them out. Sorry man but this really sounds fishy!
Good video but 100% profit of $50 is $100 not $500 my friend.
Strange how the market for psa graded cards can change a lot in 2 months
Awesome video. I just have a couple questions if anyone can answer:
1. Nowadays the cheapest PSA grading option is $50 and might take months. What's a good ballpark for minimum value of the card to justify the cost and time of grading? Would it be like $300?
2. Do you ever take the risk of sending an envelope without tracking and what's a good threshold for that? For example if you're selling a $10-15 card, I might just mail it regularly rather than with a tracking barcode. $4 shipping takes a huge chunk of the margin
Facebook does show you. Not the price but the ad
Hey if i want to go old school and simply run to target n grab a couppe packs, do i need a certain pack like for better chances, do people like the modern packs at all and whatre my chances
You certainly gotta add shipping into your overall price lol; if you’re selling on FB that shipping price is eating your margins
This is really smart series and cool im subscribe
Cool idea, but doesn’t getting the card graded eat into your profit? If it costs $20 to get the card graded then you only made a couple of bucks on each card… or am I missing something? Also can’t seem to even get cards graded by PSA right now because of their backlog lol
Where is the best place to find average prices of cards?
I swear this guy hearts and comments on every comment.
I did this and bought the card, but doesn’t it take too long for the card to get graded. It takes about 6 months
This year has been an extreme upward trajectory across the board. If someone put $50k into the hobby (doesn't really matter what they bought) and they didn't sell until today, they would have made at least $200k profit selling in the current market. In some cases they may have made up to $500k or perhaps more depending on what they purchased. For instance I bought a 1st edition red cheeks pikachu PSA 10 for $550 in February, now that same card is going for around $10k last I checked. A no rarity charizard PSA 10 sold for $250k (you could buy a house with that) just this week. I'm pretty sure you could have picked one of those up for maybe $30k at the beginning of this year. I have one being graded that is probably a PSA 4-5 (clean but a significant scratch on one of the corners) which I bought for $600 a few months ago off Japanese yahoo, a PSA 1 just sold for $5K yesterday.
The question now though is when does it hit it's peak, and how much risk is it to buy now compared to say January of this year. Obviously the risk/reward ratio becomes less favorable as the market increases. However, I still think there is a lot of money to be made and the hobby is very vast, and while base set could be a potential risk with how big the hype has gotten (though I admit it could continue going up and up and up) I think there are a lot of underpriced EX era holos and vintage japanese cards that haven't experienced the hype treatment yet but there are so many new and returning collectors "investing" their disposable income right now that the overflow into these more niche and less hyped areas that still contain beautiful vintage product, is inevitable, and there is so much affordable stuff out there right now. The more you know about the hobby in its entirety, the more easily you can predict what is currently undervalued and not given the attention it deserves.
Isn't that a 1000% profit?
Look into Japanese Base Set Charizards or Japanese Blaine’s Charizards. Highly
Sought after, currently underrated IMO, and you can definitely get some good deals!
How do I get those cases?
i got a holo base blastoise not psa graded but fair condition for $80 offerup
This series is so amazing! Keep up the great content<3 def got my sub
Awesome, looking forward to the next part of this video series!
Thanks for the vid. Check out the Skytree Rayquaza. Raw you can find them for $100 or less. And it’s a cool card.
Can you do a video explaining how to sell on Facebook? Because it seems scary and complicated and more filled with scammers. I suppose you must use some type of PayPal invoice to get the buyer protection? And you must be listing it nationally not just locally?
Can’t wait for week 2!
Awesome idea! I myself have been thinking about this lately!
I totally agree with the business-mindset, yet being a collector I don’t like it at all.
How do you find these low price auctions?
I literally saw this vid and did the same thing with 80 dollars. I bought 2 vintage cards and 1 shiny from hidden fates. I’m projecting to make back almost doubled, but just wanna day thanks for the motivation and keep up the good work. Love the content bud.
Great vid, great idea
Was it market place or a Pokémon group that you sold it?
Hey, just wondering what a good way to quickly advertise via fb marketplace is? Thanks!
I like this series idea so far
Thank you for this series. I'm new to Pokemon flipping so I don't have enough money to buy base set cards. This is a perfect guide on how to get started.
dude u have to count shipping