It’s Week 11 of the CardQuest, where I’m on a quest to show how viable investing in sports cards can be.
The NBA season has just started. I’m a big basketball fan, so this is my favorite time of year. It’s time to see some of my basketball investments start to increase in value (hopefully) and land some more before the season gets underway.
But first, as always, here are the rules. Every week, I’ll be spending about $100 on cards and telling you what I purchased, why I bought them, what strategies I used, and how you can apply them to your collecting.
We’re tracking progress, too. Every week I’ll share:
From there, we’ll be able to calculate my gains.
I challenge you to take on this initiative, too. Invest more or less than me–totally up to you–but track your progress.
Together, let’s show the world the power of card investing.
This week I reached a bit outside the budget, spending $127 total, but it was all on one lot, and I got a great deal for several reasons.
I bought three Nickeil Alexander-Walker rookie cards in total, which I’ll list below with their pricing, but all the purchases were made for the same two reasons.
For one, they were misspelled. You’re probably used to me picking up misspelled listing at this point, but there’s a reason: these cards are SO much easier to make money on. Even if you’re buying cards of players you expect to pop off and increase in value, it’s still easier to get better returns if you buy them at a discount.
Additionally, the cards all ended early in the morning–primarily because they were coming from Asia. Cards that end at bad times, like these, also sell for less, as I’ve discussed before.
Between the bad spelling and lousy ending time, I got these significantly below active comps, and I still believe NAW will see a significant jump in production this year like I wrote about during week four. To help boost my confidence, he just scored 19 points in 25 minutes during their recent preseason win.
Here’s a look at the cards I bought.
Alexander-Walker was listed as “Nickel” Alexander Walker in this listing, and the listing failed to mention the card was numbered. So I had to message the seller to affirm that it was.
I bought it for $29, and recent comps are $55.
Once again, this listing had his name spelled “Nickell” Alexander Walker. I bought it for $55, and recent comps are $100. Unfortunately, that comp is based on a different Donruss Rookie autograph, one numbered up to 35.
In this listing, he was “Nickell” Alexander Walker. I bought it for $47, and recent comps are $70, but I think that’s pretty conservative.
There are no sales this week, but I did list quite a few of the football cards I’ve been holding for the right time. Hopefully, that will mean some sales by next week!
Also, note that all my sales have been for more than my comps thus far, verifying that I do comp pretty conservatively.
After adding more NAW cards, here’s where we’re at:
Gilgeous-Alexander Rookie Lot: Bought $75, Comp $130
SGA Prizm Rookie: Bought $121, Comp: $185
Tannehill Triple Threads Auto /25: Bought $83; Comp $90
Tannehill Rookie Card Lot: Bought $17; Comp $50
Alexander-Walker lot of 96 Hoops Rookies: Bought $40, Comp for $144
NAW lot of 5 Optic Silver Wave: Bought $25, Comp for $55
NAW lot of 11 Rookies: Bought $10.81, Comp for $74
Minshew Prizm Lot: Bought $50, comp $75
20 Card Football Lot: Bought $31.77, Comp: $100
Ryan Tannehill Rookie Lot: Bought $60, Comp $90
Trey Sermon Certified RPA: Bought $41, Comp $41
Trey Sermon Certified RPA: Bought, $39, Comp $39
Nickeil Alexander-Walker Donruss Auto /35: Bought, $51, Comp $100
Alexander-Walker Mosaic Auto Fusion Red: Bought, $47, Comp $70
NAW Optic Red Choice /88: Bought, $29, Comp $55
McCaffrey Rookie /100: Bought $36, Sold $80
Heinicke Contenders Auto: Bought $37, Sold $125
Heinicke Rookies and Stars Auto /50: Bought $19, Sold $100
John Wall Rated Rookie /25: Bought $14.58, Sold $100
Tylan Wallace 3 Card Lot: Bought $50.80, Comp $100
Matthew Stafford Contenders Rookie /99: Bought $43.06, Sold for $100
Eleven weeks in, and our money is still right at doubled. But, once basketball season tips off, a hot start from Nickeil or Shai Gilgious-Alexander could really jump-start the value.
What will I be buying next week? For that, come back next week for the next update.