Is It Time To Buy or Sell? Answer: Both

The current state of the hobby is an interesting one. In some ways this feels unnatural since things that were irrelevant now matter (again), but at the same time there is a familiar feel of days gone by, a time when lots of people were talking about trading cards and telling stories about how they collected when they were young.

It’s a fascinating thing to witness as a middle-aged man, considering the last time this market was booming — early 1990s — I was an impressionable youth trying to find my way.

For those who’ve been here a bit, this quick-paced market now leaves some confused about about how to feel about things. Will this last? Is this a fad? Are were still on the upswing or are we peaking? Is it time to sell what I own, or is it time to keep buying?

None of us should be telling others how to feel about this market, our cards, or anything else. But in terms of reconciling the the latter part of that series of queries, I do have a recommendation: It is time to sell AND buy.

Yes, this is typical me, kind of being neutral, but hear me out. In my 33 years of collecting I cannot recall a time when this hobby was hotter. More eyes are on this field than ever, and social media has given us access to so many more potential selling/buying/trading partners than we ever had before. And what this means to us who have loads of cards just sitting around is that this is an opportunity to turn some of that stuff into something we want … or re-purpose that money.

Two and a half decades ago it was easy to take your unwanted cards and find trading partners, whether it be at the card shop, a card show or with others you knew. Trading still exists, but since a lot of it is done online there are associated costs, specifically shipping. You might have once agreed to trade your 1989 Donruss Don Mattingly for that 1988 Topps Kirby Puckett, but would you have done so if you knew the transaction would cost each of you the price of a stamp? Probably not. The result is that a lot of the stuff we owned became dead stock for us; it sat and sort of became useless and in some ways worthless.

But what’s old is new again. While the Mattingly for Puckett swap mentioned above still may not make since today’s market — they’re both worth about a dime each — there are surely other examples of items in your collection that have just been sitting for years and suddenly they are relevant again. This is the time to seize that opportunity and dig out all of that stuff and find someone who will appreciate it; someone who will give you a few bucks for a card that has been sitting in your closet for a decade.

Forget seeking the next flip online when your closet, basements and storage units are full of items that had been carrying little to no value for you. If you look at it the right way, that’s all “found money.”

In terms of buying, I’d say this is also a time to seek the items you always wanted. Take all that money from the aforementioned sales and sink it into an item (or multiple items) you once thought was (were) unattainable. And even if you’re coming into this era of the hobby with no card cache but with a wallet or account full of cash, don’t follow the trend and buy the new shiny hotness, unless of course that is all you know. Bottom line: If cards talk to you, find the ones (new or old) that make YOU happy and give them a new home.

And if you’re here just to flip? Then you keep doing you, and accept the results, both good and bad. There is room for us all.

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