I’m so glad I found your channel. I’ve been slowly trying to build my eBay page as a side hustle. I really enjoy doing this stuff. It doesn’t even seem like work. I’m not on this type of scale yet though.
Hi Dan, just stopping by to say hi! $100K/yr requires a LOT of commitment and hard work no matter what field of work you're in! Glad you found a career path that you're passionate about!👍
How are you accounting for the research time/effort needed to source properly? Like the due diligence to identify a card/product. Great content love the video
One thing you didn’t touch on is how much capital it takes to purchase/grade cards to reach 100k per year in gross profit. If you’re only making $5 profit per card, in order to reach $125k per year you would need to sell 25,000 graded cards. That’s $425,000 in grading fees alone (assuming you are sending to psa at bulk value which is $17 per card). That also means you would average shipping over 2,000 items per month. I doubt anyone is breaking their back and bank doing that lol. Anyways, respectfully my point is that I think average margins have to be higher in order to be successful in flipping graded cards as a full time job.
Oh yeah the $5 margin was a distinctly separate portion from the talk about making $100k. I was a bit all over the place from 50k a year to 1 million a year 😆
Appreciate the video! I have to work on the way I pick a card and refine the sourcing process for sure. Too many are coming in rough lately. Maybe I got lucky at first or maybe I'm getting sloppy. Will be watching this video a few times lol
okay ive skimmed over your playlists, thanks for your time and efforts.. i guess my main concern which im sure we all share is actually being able to to SELL or FLIP them... i feel like ill get some inventory 500-700 worth but be left sitting with inventory. then i am overthinking if i should list singles or sell packs or do the rip n ship.. what would you do if you had to start over small? again thanks for your time and consideration. definitely will be joining patrion.@@KetchumAllCollectibles
Interesting video. Do you think at some point the market for graded cards will be over saturated? Also just curious on how paying taxes on this works? Do you have to also pay social security or is it all capital gains?
Definitely some cpa questions here but I think saturation has already come in some "plays" and can definitely happen more broadly from time to time. Paying taxes on this all can work a lot of different ways depending on how you structure. Tax optimization is a huge part of any business and best left to the professionals
Concepts are the same but the hurdle is definitely higher internationally. Those who overcome it though have less competitors often though (for a smaller market) so there's pros and cons
Does the patreon go into good detail on how to source the cards? For instance I looked at tcg just as an example.. celebrations charizard there’s only 12 classified as “mint” with pictures. Out of those 12, only 5 are even below $100 vs the “avg” price being in the mid 70s. A lot of the photos aren’t even great/lined up.. hard to tell the alignment, etc.. Or are you just looking at good seller history and buying from them without pics?
Curious if there's any software tools out there that don't exist or you think are lacking? I do this all the time and automate in my daily, so try to do it at home, but want to potentially focus on something others think is important as well
If I knew how to do it I would have a "dashboard" created of "plays" scraping from tcgfish or pokedata or whatever and looking for certain 10 rates price differences from tcg raw to 10 etc I just don't know how to do it
What about how long it takes psa to grade the cards, what’s the annual income based on reasonable 60 working day turnaround time? Honestly my biggest limitation is capital, I got more than enough time to devote to this.
I really enjoyed this video and was wondering what you would think about selling expensive‘Waifu’ cards or alt arts and how do u fare with eBay fees as I feel like I am getting scammed haha
I'm sure Dan looks forward to the day that he has so many people following him, in his discord, that he makes enough revenue from patreon & affiliate links that he won't need to sell another card in his life
@@KetchumAllCollectibles appreciate you Dan 🍻I can see how this type of info helps people think through their work rate in comparison to expectations. Important perspective to grasp!
So the basic formula is buy NM copies of desirable cards at market price, get them graded, sell graded cards on eBay? NM raw has a lot of wiggle room. How much of a gamble is it on getting PSA 10s in general?
What country? I mean I take in cards from foreign customers and submit to psa for them. Only to ultimately be sold on consignment though. Not as a grading middleman
@@KetchumAllCollectibles Italy. The cost of various taxes, customs, international shipping, insurances and so on always put me off ngl. The fact that the majority of the cards I would like to grade are >€100 in PSA 10 doesn't help either haha. I have a pretty good eye though, I was using a company way stricter than PSA some time ago and my 10s rate was like 95% and it still almost wasn't profitable which tells you something about that company :V Have around a stack of 400 cards set aside for... Whenever I'll be able to grade them be it in 5 or 20 years, it keeps growing, it's kinda fun to see xD
Same problem here, from Slovakia (small country) so pretty much no middleman + insane long turn around time if I were to send to US @@KetchumAllCollectibles.
Buy card for $1, sell for 100k 📈
Bold
Still only making 5 figures 😢
Great job on the video! Super informative! What’s the website you’re using to see the card grading analysis?
Might have been tcgfish which I think is gone now. Or maybe pokedata
I’m so glad I found your channel. I’ve been slowly trying to build my eBay page as a side hustle. I really enjoy doing this stuff. It doesn’t even seem like work. I’m not on this type of scale yet though.
It is a lot of fun!
The fact that this is free is wild! Thank for your hard work ❤
🙏
With this being free imagine what comes for $10... 😈
@@KetchumAllCollectibles still too broke 😭
Oh, I love this! “Please people, just do the math!” 😂. Good stuff as usual Dan.
🧮
Thanks Dan, always appreciate you sharing your knowledge and experience with the rest of us!
Thanks for watching!
I was told if you are flipping it's because you are too broke to hold, thoughts?
Big fax
Hi Dan, just stopping by to say hi! $100K/yr requires a LOT of commitment and hard work no matter what field of work you're in! Glad you found a career path that you're passionate about!👍
This was pretty damn interesting- subbed
How many times did Dan say “conservative” in this video
A conservative estimate would be 27
How are you accounting for the research time/effort needed to source properly? Like the due diligence to identify a card/product. Great content love the video
That was done across the past several years and is ongoin. Hard to quantify
One thing you didn’t touch on is how much capital it takes to purchase/grade cards to reach 100k per year in gross profit. If you’re only making $5 profit per card, in order to reach $125k per year you would need to sell 25,000 graded cards. That’s $425,000 in grading fees alone (assuming you are sending to psa at bulk value which is $17 per card). That also means you would average shipping over 2,000 items per month. I doubt anyone is breaking their back and bank doing that lol. Anyways, respectfully my point is that I think average margins have to be higher in order to be successful in flipping graded cards as a full time job.
Oh yeah the $5 margin was a distinctly separate portion from the talk about making $100k. I was a bit all over the place from 50k a year to 1 million a year 😆
Love your vids thanks for all the info.
Thanks for watching!
Appreciate the video! I have to work on the way I pick a card and refine the sourcing process for sure. Too many are coming in rough lately. Maybe I got lucky at first or maybe I'm getting sloppy. Will be watching this video a few times lol
the patrion has step by step how to get started?
I have tons of videos on all the steps but as the video says I show how I source from tcg in patreon
okay ive skimmed over your playlists, thanks for your time and efforts.. i guess my main concern which im sure we all share is actually being able to to SELL or FLIP them... i feel like ill get some inventory 500-700 worth but be left sitting with inventory. then i am overthinking if i should list singles or sell packs or do the rip n ship.. what would you do if you had to start over small? again thanks for your time and consideration. definitely will be joining patrion.@@KetchumAllCollectibles
Interesting video. Do you think at some point the market for graded cards will be over saturated? Also just curious on how paying taxes on this works? Do you have to also pay social security or is it all capital gains?
Definitely some cpa questions here but I think saturation has already come in some "plays" and can definitely happen more broadly from time to time. Paying taxes on this all can work a lot of different ways depending on how you structure. Tax optimization is a huge part of any business and best left to the professionals
Awesome video. Earned a sub from me. This breaks everything down really well.
Thank you!
Do you cover your typical hold times on cards in patreon?
The less time the better
Hey Dan looking at the patreon, would this still be beneficial for someone operating out the UK? I've never used tcgplayer before
Concepts are the same but the hurdle is definitely higher internationally. Those who overcome it though have less competitors often though (for a smaller market) so there's pros and cons
Does the patreon go into good detail on how to source the cards? For instance I looked at tcg just as an example.. celebrations charizard there’s only 12 classified as “mint” with pictures. Out of those 12, only 5 are even below $100 vs the “avg” price being in the mid 70s.
A lot of the photos aren’t even great/lined up.. hard to tell the alignment, etc..
Or are you just looking at good seller history and buying from them without pics?
I tell and show my exact method for celebrations charizard and discuss the actual results
What cardboard inserts do you use for shipping your graded cards? I’m tired of cutting up boxes lol
Linked on my website in the "products I use " tab
I buy cardboard sheets on ebay linked on my website
Dans just spilling all the discord plays nothing is sacred anymore. lol JK keep up the great vids!
Beans perpetually spilling 😳
Curious if there's any software tools out there that don't exist or you think are lacking? I do this all the time and automate in my daily, so try to do it at home, but want to potentially focus on something others think is important as well
If I knew how to do it I would have a "dashboard" created of "plays" scraping from tcgfish or pokedata or whatever and looking for certain 10 rates price differences from tcg raw to 10 etc I just don't know how to do it
Feel free to dm if you are working on something 👀
Nesto is the goat for using that Komiya Gary as the thumbnail
What about how long it takes psa to grade the cards, what’s the annual income based on reasonable 60 working day turnaround time? Honestly my biggest limitation is capital, I got more than enough time to devote to this.
Just gotta do the math to figure out the carrying costs of the inventory required for that. Want that in a video?
@@KetchumAllCollectibles yes sir, how much capital do I need to profit 100k?
Dan is the MAN. Thanks for the consistent vids as always I enjoy every single one
Thanks for the consistent viewership!
Market is good right now for Japanese cards too which grade easy 10s for high margin
Lotta consumer dollars out there for the taking
A video breaking down how to create spreadsheets (in terms of pokemon) would be nice, if you see it reasonable
I'm by no means an excel spreadsheet. There's so many great excel videos out there
This video was awesome. Love math! My son too, he’s 6th grade on 8th/9th grade level! Lol
Thanks for this video. Now time for me to grind.
Money's out there for the taking... for now
This video title is 💯 on brand
I really enjoyed this video and was wondering what you would think about selling expensive‘Waifu’ cards or alt arts and how do u fare with eBay fees as I feel like I am getting scammed haha
Ebay fees are beyond reasonable. Most undervalued thing in the hobby for all they do. I sell any cards regardless what's on em
How can you not make this video title "How To Make $100,000 Selling Pokémon Cards" ? lol Selling yourself short!
Way ahead of me
Too many words. The thumbnail says that part 🤷♂️ I had actually started with "making $50/hr selling pokemon cards "
Dusted@@KetchumAllCollectibles
Anti viral
Dan are you never worried that you could grow to a point where people are following what you're doing and the space becomes oversaturated?
Haha he’s extremely bullish on him self I don’t think he cares
Not really lol
I'm sure Dan looks forward to the day that he has so many people following him, in his discord, that he makes enough revenue from patreon & affiliate links that he won't need to sell another card in his life
@@thehoennbazaar I don't think that day will come but it'd be nice
Good analysis
Dan can we modify spreadsheet to include 3 rounds of golf and two days for family a week next time …. 😊
🚀 can put in any numbers you'd like 😆
Whaaat … I must have matrix’d through the paywall somehow! Sweet 😅
A small glimpse 👀
@@KetchumAllCollectibles appreciate you Dan 🍻I can see how this type of info helps people think through their work rate in comparison to expectations. Important perspective to grasp!
Where do I start ? Lol with zero knowledge
Start right here
Arnold Palmer consumption time not in any of the spreadsheets
So the basic formula is buy NM copies of desirable cards at market price, get them graded, sell graded cards on eBay?
NM raw has a lot of wiggle room. How much of a gamble is it on getting PSA 10s in general?
Watch the whole video for more info and for all the info the patreon link is there
Wouldn’t it be smarter if you used 2 eBay accounts to push more product
How so? A lot of product can fit through one account lol
@@KetchumAllCollectibles if you have a lot of the same type of card faster to move on multiple accounts. If you have 50+ psa 10 of the same card.
@@chiragpatel849 can just do multiple listings which I do at times various pricing and various ad rates
great information as always.
Thanks !
38 per card realized is great!
Pretty mind blowing to be honest
Call this man the federal reserve CUZ HE BE PRINTING
🖨 💰 🤑 💸
I don’t want to do math, that’s why I pay you
Basic Thuganomics
Lol
Did this go viral yet
Very solid views for me!
Title should be "How i make $10,000,000 a year selling Pokeman's - Mr. Breast & Logan Paul"
Man I wish I had access to PSA lol
What country? I mean I take in cards from foreign customers and submit to psa for them. Only to ultimately be sold on consignment though. Not as a grading middleman
@@KetchumAllCollectibles Italy. The cost of various taxes, customs, international shipping, insurances and so on always put me off ngl. The fact that the majority of the cards I would like to grade are >€100 in PSA 10 doesn't help either haha.
I have a pretty good eye though, I was using a company way stricter than PSA some time ago and my 10s rate was like 95% and it still almost wasn't profitable which tells you something about that company :V
Have around a stack of 400 cards set aside for... Whenever I'll be able to grade them be it in 5 or 20 years, it keeps growing, it's kinda fun to see xD
Same problem here, from Slovakia (small country) so pretty much no middleman + insane long turn around time if I were to send to US @@KetchumAllCollectibles.
🙋♂️
I do 0 customer service… typical bankers
🎣
Spreadsheet time!
The best time