10 Tips to Invest in Basketball Cards
With the 2020 NBA Playoff Finals having recently been concluded with the LA Lakers being crowned as the new champions, it is time to start talking about basketball cards. As is highlighted over at runrex.com, collecting basketball cards is a great way to get closer to your favorite player and team, and feel like you own a piece of them. Additionally, according to the folks over at guttulus.com, collecting basketball cards can turn out to be a very profitable venture, particularly how investing in sports cards has been heating up of late with card prices increasing with each passing day. If you are considering investing in basketball cards, this article will help you get the best return for your investment through the following 10 tips.
- Consider rookie cards
Historically, as revealed in discussions on the same over at mtglion.com, a basketball player’s rookie card has tended to hold more value than their other cards. This is because rookie cards can’t be manipulated and will remain the rookie card even when new products are released. When a player becomes a star, people will want to buy the very first card that was ever printed of them, which is the rookie card, which is why investing in rookie cards is something you should consider.
- Consider inserts
Inserts, as explained over at runrex.com, are cards that are put into packs to spread out the regular cards. These cards are typically more artistic or are of a different design to the rest of the cards in the set and have begun to hold more value in recent times. Investing in inserts is, therefore, another important tip worth pointing out if you are considering investing in basketball cards.
- Don’t open the boxes
When buying basketball card boxes, the gurus over at guttulus.com recommend that you keep the boxes sealed, and then hold on to them and watch them increase in value. This is because sealed boxes usually hold more value as collectors don’t know what is inside them, which means that the “thrill of the hunt” and excitement will lead to them paying more to find out what is inside.
- Invest in complete sets
When it comes to collecting basketball cards, collectors try as much as they can to assemble complete sets as there is a certain level of satisfaction in knowing that you have every card in a particular set. This is why, according to discussions on the same over at mtglion.com, you should consider investing in complete sets where possible as full sets tend to come with a lot of value and will give you a high ROI.
- Invest in unopened packs
According to discussions on the same over at runrex.com, boxes of basketball cards comprise several individual card packs. Such packs can also be sold by themselves, and for the best results, it is recommended that you try and sell them as unopened packs as they will have more value this way and can go for a lot of money depending on the set that they are from.
- Look for autograph cards
Autograph cards contain the player’s autograph and since the card company has to get the player to autograph the cards, such cards are printed less than regular cards as outlined over at guttulus.com. This means that they are extremely valuable, and the more popular a player is, the more valuable the autograph card will be. If you can get your hands on autograph cards, then this is an investment that is very much worth making.
- Error cards
When it comes to basketball cards, misprints on cards can be a good thing according to the gurus over at mtglion.com. This is because such misprints can increase the value of the card, increasing its demand. Such errors don’t occur as much anymore due to better quality control from card printing companies, however, with vintage basketball cards, you are likely to find a lot more error cards which can be an excellent investment.
- Vintage cards
As is explained over at runrex.com, vintage cards are sometimes considered to be a better investment than modern cards. This is because players like Larry Bird and ‘Magic’ Johnson have already cemented their place as basketball icons which means that their prices will not fluctuate that much. Such cards are also unlikely to rise in supply even if demand increases. This is why investing in vintage cards is such a great tip for those looking to invest in basketball cards.
- Graded cards
As per the folks over at guttulus.com, graded cards are also usually more valuable than those that have not been submitted to a grading company; also known as raw cards. Raw cards usually aren’t as valuable as graded cards since they haven’t been officially graded for quality, hence why you should consider investing in graded cards, looking for the cards that have got the highest grading possible which will come with the most value.
- Consider the grading company
All grading companies are not born equal as some are preferred to others. From discussions on the same over at mtglion.com, there are three main grading companies: PSA, BGS, and SGC. As it stands, PSA is the major one, followed by BGS, then SGC. This means that you should consider investing in PSA graded basketball cards, particularly those with the highest PSA grading which is PSA 10, as these are the ones with the highest value.
This discussion only just begins to scratch the surface as far as this topic is concerned, and for more on the same don’t hesitate to check out the amazing runrex.com, guttulus.com, and mtglion.com.