{"id":6669,"date":"2021-04-10T10:50:47","date_gmt":"2021-04-10T02:50:47","guid":{"rendered":"https:\/\/dollarsandsense.sg\/business\/?p=6669"},"modified":"2021-04-10T10:50:48","modified_gmt":"2021-04-10T02:50:48","slug":"how-much-can-you-make-selling-pokemon-cards-and-other-trading-cards","status":"publish","type":"post","link":"https:\/\/dollarsandsense.sg\/business\/how-much-can-you-make-selling-pokemon-cards-and-other-trading-cards\/","title":{"rendered":"How Much Can You Make Selling Pokemon Cards And Other Trading Cards?"},"content":{"rendered":"\n

This article was first published on\u00a0DollarsAndSense.sg<\/a><\/em><\/strong>.<\/p>\n\n\n\n

Charizard.\u00a0Anyone who has entered the Pokemon universe would know about the fabled dragon-like creature.\u00a0Did you also know that this\u00a0one<\/em>\u00a0card can be worth\u00a0more than US$150,000<\/a>?<\/p>\n\n\n\n

\"\"
Source:\u00a0Beckett<\/a><\/em><\/figcaption><\/figure><\/div>\n\n\n\n

After decades of sitting on the sidelines as nothing but a curiosity, trading cards are taking the world by storm. Here are some of the reasons why trading cards are becoming the norm for investors thronging into alternative asset classes, and how you can tap into this trend as a business owner or entrepreneur.<\/p>\n\n\n\n

What Are Trading Cards And Why Should You Care?<\/strong><\/h3>\n\n\n\n

Trading cards, commonly known as collectible cards, are small cards that contain the images of a specific place, people, or thing with their descriptions. They are commonly manufactured out of paperboard cut-outs or thick paper. Each card differs in accordance with its shape, image, color, description, and size.<\/p>\n\n\n\n

There are many categories that you can explore in trading cards, such as sports and fantasy. Pokemon cards are an example of fantasy trading cards, whereas basketball cards fall under the sports category.<\/p>\n\n\n\n

Two or more years ago, media entrepreneur Gary Vaynerchuk<\/a> presciently spoke about the impending rise of sports cards, citing nostalgia <\/em>as one of the pre-eminent factors that will catapult sports cards into mainstream consciousness.<\/p>\n\n\n\n

With the world moving at such a fast pace, and technology accelerating this shift towards the newer and bolder, <\/em>there will naturally be a pushback against such a shift as people resist the winds of change and yearn for a better time (perhaps through rose-tinted glasses) of the past.<\/p>\n\n\n\n

Things like Pokemon, which have been a major part of people\u2019s lives throughout their childhood, could come to the fore as people clamour to hold on to physical things that remind us fondly of our good memories. With this rise of social value, the prices of some of these collectibles will naturally appreciate.<\/p>\n\n\n\n

3 Big Factors That Will Likely Contribute To The Rise Of An Alternative Asset Class<\/h3>\n\n\n\n

#1 Limited Supply<\/strong><\/p>\n\n\n\n

Pokemon cards or other collectibles printed decades ago are rare to find today. As time goes on, the cards printed earlier are hard to get. Due to this scarcity, the value of such cards steadily increases in the market.<\/p>\n\n\n\n

The rise in the value of the cards results in profit. As investors looking for a return on their capital, the economics of it makes perfect financial sense, if only you know which cards to pick. For entrepreneurs and business owners who understand this game of arbitrage, you can sell your knowledge or expertise to help investors create a collection or tap into the trend to market your own products.<\/p>\n\n\n\n

#2 Global Accessibility <\/strong><\/p>\n\n\n\n

The world is becoming smaller with the digitisation of everything, including collectible trading cards. Online marketplaces will spring up to service card collectors, investors and entrepreneurs. This will bring more people into the market with excess cash on their hands and willing to take a punt on a growing market. With more information available online, almost anyone can be a card collector and investor, further accelerating the velocity of cards changing hands. These factors will contribute to growing liquidity in a once-illiquid and opaque market.<\/p>\n\n\n\n

#3 Excess Global Money Supply<\/strong><\/p>\n\n\n\n

With bond yields at historically low rates (compared to the 20th<\/sup> Century) and stocks looking rather expensive at the moment, any investor sitting on a large cash pile would be hard-pressed to find alternative avenues to grow their wealth.<\/p>\n\n\n\n

A 5-10% allocation to collectible cards from investors coming into the space looking for better yields could raise prices across genres of trading cards, allowing those who are able to find gems to make a quick killing on their knowledge and inventory.<\/p>\n\n\n\n

3 Quick Ways You Can Leverage This Trend To Make Money Or Build A Business In Collectible Cards<\/strong><\/h3>\n\n\n\n

As American investor Martin Zweig once quipped: \u201cThe trend is your friend, until the end when it bends.\u201d For those savvy enough to see it, trading cards can be a valuable marketing tool for any business or corporation.<\/p>\n\n\n\n

It can help any business owner inform and promote their products or services to potential customers, or to foster company culture by rallying your team around an interest or activity. Here are some of the potential strategies you can use to leverage on this trend.<\/p>\n\n\n\n

#1 Event Promotion<\/strong><\/p>\n\n\n\n