If you’re a collector of sports cards, you’ve probably heard of the sports card marketplace. Founded in November of this year, StarStock is an online marketplace for selling and buying cards. Users can buy and sell rights to specific cards, or mail in their collection to be sold. StarStock will then mail the purchased cards out to the buyer. The site will take 5% of the purchase price, but many transactions involve cards worth less than $10. Others, however, are much more expensive, reaching thousands of dollars.
To make the process as smooth as possible, many people use price guides to research the value of a sports card. The Beckett Price Guide is one such resource. However, you can also use other tools, such as online websites, to get a better idea of what each card is worth. You should remember that some cards have low printing runs, while others have millions. Therefore, it’s important to research the value of any given card before deciding to purchase it.
Aside from real-time valuations, you should also be wary of scams. Dibbs, for instance, allows buyers to trade fractional ownership stakes in sports cards in real-time. The company is backed by investors such as the Foundry Group, JDS Sports, and Sports Card Investor. It also has former NBA player Channing Frye. There’s still a long way to go for this startup, but it’s certainly worth a look.
In the meantime, you can try online sports card marketplaces. They have thousands of sellers and over 26 million cards. They also have the option to combine cards for a single shipment. You can then relist them for profit. You can even sell bulk packages of cards. A sports card marketplace is a great resource for a collector looking to buy cheaper singles. However, it’s important to note that starting your own card store requires much higher start-up costs. Once you get your store up and running, you’ll need to attract visitors.
Prospect Cards is another sports card marketplace. This social network platform is geared more towards sports card collecting, and it has an active sports card community. You can connect with other sports card collectors using their Instagram page, or join groups on Facebook dedicated to the hobby. Groups are a good way to buy and sell sports cards, but they offer minimal protection for transactions. However, it’s important to note that the platform also prohibits listings of non-sports cards.
You don’t have to be a collector to start a business based on collecting sports cards; all you need is an interest in the hobby. eBay is the most significant marketplace for collecting sports cards. You could start a group submission service, provide group grading services, or even a vault service. All of these are viable business options. There are many different service options, and each one has perks and drawbacks to consider.
Just keep in mind that you should never sell a card that you are unfamiliar with or have never seen before. When establishing a marketplace for sports cards, therefore, keep this in mind.