10 of the Biggest Benefits of Collecting Sports Cards
You have likely seen some of the staggering amounts people have earned from collecting sport cards. A 1952 Mickey Mantle baseball card recently sold for an incredible $5.2 million. Yet, with crypto and the NFT market, more recent iconic sports cards are fetching millions.
Sports card collecting for profit is only one reason to get into the action. Many collectors enjoy the activity for very different reasons.
If you wonder about the benefits of sports card collecting, keep reading. Here are ten reasons beyond the frenzy why collecting sports cards has always been popular and fun.
1. Love for Sports
If you have always loved sports, there is no better way to go deeper into the game. One of the best parts of collecting sports cards is following favorite players and teams.
Of course, if you are a superfan of an individual team, iconic sports cards are only part of the collection. Sports memorabilia is a growing industry. Yet, there are times when buying a jersey or piece of equipment is too expensive for your budget.
So sports Card collecting is an excellent place to start when you are on a budget. Build a library of the best sports cards from your list of favorites.
Every time you buy, you will get more intimate knowledge of your team’s history and possible future. Many people collecting sports cards are also involved in sports betting.
Statistics play a critical role in making secure wagers. Sports cards provide valuable information about a player’s performance.
2. Family Fun
Younger people are getting into sports card collecting more often today. If you have a young family, it’s never too early to start collecting sports cards together. As your children grow, you can watch together as some of your collection turns into valuable sports cards.
Sports card collecting is an activity you can enjoy with family your whole life. If you love to follow a team together, it’s a lot of fun to visit the best card shops and events to find missing pieces of your collection. If you have a unique interest in one particular sport, spending time with a family searching for the rarest sports cards can be an excellent bonding experience.
For example, you and your child share a love for auto racing. Sports card collecting is the next best thing if you can’t get to a Formula 1 racing event. Then, with each passing season of racing, you have built a collection to cherish together.
Sports card collecting is as much about learning as it is an investment. Even if you never own the rarest sports cards like the Honus Wagner T206 card, you will learn to appreciate a sport’s past.
In every sport, some players define a generation for fans of the game. These iconic sports cards might be out of your reach, but learning about them improves your game knowledge. And the more you learn what makes a player special, the better you will spot future valuable sports cards in your collection.
The game's history might inspire you to look for a broader collection of the best sports cards. You might find a niche in the sport that interests you for sports card collecting.
Maybe you have always loved the great pitchers in baseball. Imagine what a collection of valuable sports cards, including Nolan Ryan, Roger Clemons, and today's greats, might be worth.
There are no rules for sports card collecting. Every collection is unique to the person that owns the sports cards. So if you want to make your collection a history lesson, you have created a one-of-a-kind collection.
4. Sudden Value
Collecting sports cards with a plan can produce fantastic results over time. People who collect sports cards from a young age may suddenly find they have valuable sports cards they never knew. If you grew up in the 1980s and began collecting sports cards, you might have acquired cards of rookie players like Cal Ripken Jr. and Barry Bonds.
No matter when you begin collecting sports cards, keeping them through a player’s career can pay enormous dividends. You never know when a young rookie will become the next phenom. With patience, you might be sitting on one of the most valuable sports cards of the future.
Yet, some of the best sports cards have nothing to do with the picture on the front. Some of the rarest sports cards are printing mistakes from the manufacturer. So even if you think a player is unimportant, his card might have a flaw that makes that edition among the best sports cards to own.
Other factors affect the price of valuable sports cards. The card brand and the run volume can also determine a card’s value. Of course, the condition of the best sports cards is paramount to value.
People who have been sports card collecting over their lifetime have amassed a treasure trove of memories. Not only have they developed an envious collection of valuable sports cards. They have also lived through the careers of the names in their collection.
If you were a young person in the sixties and seventies collecting sports cards, you likely acquired the cards of some of the biggest names in sports. For example, a hockey card collector would have iconic sports cards from Gordie Howe, Bobby Orr, and the early years of Wayne Gretsky.
The owner of these sports cards likely watched and remembers the glory days of hockey legends. The same holds for every sport. With a life of collecting sports cards, you can take a trip down memory lane every time you bring the best sports cards out.
6. Social Interaction
One of the most enjoyable experiences about collecting sports cards is meeting new people with similar interests. Sports card collecting is like a social club in many communities. Trading events often fill convention centers with people who love to discuss the best sports cards.
Attending sports card collecting conventions is a great way to acquire contacts. With thousands attending an event nearby, you might find someone with that missing iconic sports card to fill your collection. There is likely a buyer for one of your best sports cards that don’t fit your collection.
Sports card collecting shows aren’t always about buying and selling. While interacting in a shared environment, the opportunity exists to make new friends. You also never know when you will find a great source of information.
7. Sports Education
You might be fascinated with the excitement generated by a significant sporting event but don’t know the game. Collecting sports cards is an excellent introduction to the names that made the sport popular. If you are a new immigrant and want to learn the culture of your new home, sport is a perfect place to begin.
Then, as you become more involved in the excitement around the action, your knowledge of the sport increases. Sports card collecting will lead you to places where you can learn more nuances of your chosen sport. Collecting sports cards as a child will propel you to get active in the sport.
Sports education from collecting also leads to other aspects of sports. Once you become immersed in team rosters, you find a new vocation around the corner. Many sports broadcasters and executives began as sports card collectors.
8. Industry Education
The more involved you become involved in collecting sports cards, the more you learn about the industry. Deeper knowledge of the industry will help your collection. Sports cards have changed dramatically over the past thirty years.
Not only have the iconic sports cards of Topps been bought out, but other manufacturers keep coming up with new innovations. It’s crucial to stay in touch with where the industry is headed in the future. Yet, it’s equally essential to know where traditional sports cards are going.
As in the case of Topps, sports cards that go out of production will only gain value over time. Some of the rarest sports cards come from manufacturers that no longer exist.
The Honus Wagner T206 is a prime example of valuable sports cards that can’t get reproduced. When the Topps era ends, the same might hold for some iconic sports cards of their past.
Look beyond sports card collecting principles and apply them to everyday business. Supply and demand fundamentals are a massive part of sports card collecting. Much like the stock market, learning the principles of buying low and selling high is critical.
Children collecting sports cards will often keep collecting into adulthood. By the time they are ready to start a family, the best sports cards in their collection will be valuable sports cards for future generations. Even if you start collecting sports cards later in life, the enjoyment continues for your descendants.
When the younger members of your family start to become interested in sports card collecting, you will already have some iconic sports cards. Imagine the thrill of a loved one learning they will inherit your collection someday.
Yet, valuable sports cards will please descendants even if they have no interest in sports. A lifetime of sports card collecting will provide some financial gain for a lucky family member.
As with recent trends in sports betting, collecting sports cards has become a growth industry again. Older collections have proven sound investments with renewed interest in today’s market.
The sports card market expects to see a 23% CAGR over the next five years. By 2027, the industry will grow to a value of over $98 Billion. Investing now in sports card collecting might result in significant financial gains.
Of course, to succeed in collecting sports cards for profit, you must apply the business principles mentioned earlier. It’s crucial to watch the trends in each sector of sports card collecting to gauge where the market seems headed. Yet, a sound investment strategy will help guide you toward possible scenarios that create valuable sports cards.
You don’t have to be a sports fan to profit from sports card collecting. But knowledge of the game’s personalities you acquire make trading a rewarding experience.
For example, hockey fans know Alex Ovechkin is closing in on several scoring records toward the end of his career. Although he is a superstar in the sport, his iconic sports cards will only increase in value after his career is over.
Yet, it’s critical to start collecting sports cards with a plan. Set a budget, and don’t be in a hurry to turn a profit. If you can’t afford valuable sports cards of star players, start with the rookies of today.
Take the long-term approach to sports card collecting, and in time, your collection’s value will increase. Collecting sports cards are a sound investment because of the players who excel. Keep your collection in pristine condition, and you know your valuable sports cards will always be in demand.
Investors who understand the market have also learned to leverage their best sports cards for more gains. So once again, learning the business of collecting sports cards is essential.
Think of yourself as a team general manager who trades vital players for more talent. One of your rarest sports cards could produce a trade for several future iconic sports cards.
Many Enjoy Collecting Sports Cards
Whatever your reason for collecting sports cards, there has never been a better time to get involved. Sports card collecting is on the rise as a growth industry. The interest getting generated makes the hobby accessible to more people.
So whether you are looking for the rarest sports cards or the diamond in the rough, there are plenty of places to find enthusiasts.
Yet, if you know which iconic sports cards you want to buy, contact us with your inquiry. We likely have the best sports cards you are looking for today.