Card collecting has grown over the years as a hobby. People think it is extinct and no longer popular but they couldn't be more wrong. The stock market stated that card collecting, especially pokemon, was growing in value. Because it is like a mini stock market. You can buy a good player that you like and think will blow up next season and then in turn sell that card for a profit.
The best players to collect for football are usually rookie QB’s because that position has the most value in cards, for football at least. Another big misconception is to buy boxes. They are extremely fun to open but be prepared to not usually make your money back. Statistics say that you have a 1% chance of getting a case hit (card worth hundreds of dollars) and a 10% chance of making your money back.
The best way to make money in cards is to buy cards and not to gamble on boxes that you ultimately lose your money on even if you get lucky once or twice. Another way to make money is to go to your local card shop or card shows and look in different dollar boxes( boxes that have cards for cheap in it) and look for expensive hidden gems like low numbered cards or case hits they didn't acknowledge. One way you can recognize these cards is to get card scanning apps like PSA or Cardstock which let you scan cards and give you your card's value. Or just search the card up on ebay.
One app I use is Whatnot where you can bid on cards and get them shipped to your house (you can get steals but be careful when buying!). In conclusion, don’t buy card boxes expecting to make a profit and if you're going to buy a card try to invest in rookie QB’s, or rookie players in other sports that you think will be really good.
By Ari Baylor, age 12
