Is NOW The Time to Buy Cards to Hold For the Long Term?!
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- Опубліковано 28 вер 2024
- Geoff talks with the Sports Card Dad about the state of the hobby and much more.
Follow Geoff:
Instagram: / itsgeoffwilson
Twitter: / itsgeoffwilson
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Companies Geoff Founded:
Sports Card Investor: www.sportscard...
Market Movers: www.marketmove...
Three Five Two: www.threefivet...
NoviAMS: www.noviams.com
iLS Network: www.ilsnetwork...
My buying has gotten more selective; but I am buying much bigger cards than I was 3-4 years ago. Less purchases but much nicer cards.
Samseys
Geoff you absolutely nailed the Mantle take! Walk off homerun, mic drop, etc! 100% agree with ya.
i am holding 1000 Ohtani rookies. on a sad note i am also holding 500 Will Griers. No time machine here.
Only 1,000?! I think that’s only half of Ohtani’s rookies 😂😂😂😂
right now will Grier is 4 times better of an investment than kyler murray
@@EdwardManning-kv9twhe actually isnt wrong. Kyler Murray is less likely to play than Grier anytime soon.
Love Dustin, just don’t like all the money , sponsorship and subscriptions stuff. It’s not all about that, I want more collectors content. I don’t want sponsors or anything telling me what my content should be.
Agree, but in fairness to Dustin...it is a business. He puts in a ton of time putting out daily content---let the man eat & let those ads run.
The sponsors don't tell him what content to make. He wouldn't do that.
@@Bazookatom i agree completely with you, I was referring to Geoff Wilson. Like I said I really love Dustin and his channel. He has 4 kids and needs the money, he’s a regular guy like us.
Dont disagree with you but should we not celebrate the story of a zero to hero? Should Dustin and his family tread in mediocrity because he wants to coddle his viewers? Again I agree its one thing to honor those with humble beginnings but at the same time, we shouldnt ever shun said people if they make it big. We should celebrate their stories, and inspire to do what they did in our own unique way. @ACollectorsDream
Great episode!
Really cool to see the two of you in the same video together!
Do the opposite of Geoff
This should be done at least once a week, the Pod flows great between you two.
Really enjoyed the chat with the sports card dad, he’s channel has good analysis and he seems like a nice gent.
I always really like the painted sports star posters on he’s filming set walls when I watch also.
Yeah, can imagine it would be great to have a few whisky's and a chat with him.
I appreciate the idea of this video, but realistically the majority of the conversation was focused on the long term viability of the high end market. I'm wondering where does that leave the average person? I remember being able to buy lower end basketball/football rookies in 2009-2012 for $1-20 and now they're sometimes worth $20-500 depending on the player. That opportunity doesn't really exist because of the oversupply, so this may have an effect on us for decades like the junk wax era did. Fanatics needs to change the game otherwise we'll all be left holding huge bags with modern pop counts.
Good discussion between two Hobby mainstays. Conversation around @10:00 is the type of transparency and advice needed to 10x the Hobby.
It is true that prices can continue to fall. My regret is that I have been spending for 4 years and the well is running dry. But the some of the prices for GOAT rookie cards are so alluring. I did manage to buy a 1957 Bill Russell SGC 2.5. If I planned for it, I could have the Orr, Chamberlain, and the 1986 Michael Jordan. It's good though.
If there is a major recession looming in our future,you will be seeing kids,putting some really nice recent cards in their bicycle spokes. Late '70s and very early '80s saw a bunch of crazy investing in both coins and postage stamps. In '81 the bottom dropped out. The investors who created the phoney market sold out. Same happened during the junk wax period. How many Donruss Canseco's would you like for $80 ea.? Same will happen to 2000-date cards. The good news is: after the prices plummit,collectors will be able,to afford cards they want. My background: my mom bought my first packs of '57 Topps! Was card dealer 1987 to 1999. Was collector from 1957-63 and again from 1978-2002. Sold collection in 2002,to an investor/collector,for 7 figure amt. What made my collection valuable was an extensive amt. of vintage. I paid about $40-60 ea. for my first 2 Mantle '52's!
Amen! Most of these peolle online don't know anything covid period was anomaly if you were a true collector you could see the writing on the wall all the schill bidding/,buying going on to create an artificial market manipulation by ultra wealthy Investors and social media influencers as the saying goes what goes up must come down especially when the prices realized were created under market manipulation. The only people that benefited from the covid Era 2020-2022 are the sellers I thankful have been a collector first dealer/seller second since the early 90's I collect everything not just sports cards (I was taught early on to have diversification in your collectible portfolio) and since I knew covid Era would be a sellers market I did just that sold and made 7 figures I don't feel sorry for the buyers as they should have know better been more knowledgeable learn from history now it's a buyers market I'll go buy and build my collections back for a fraction of what I sold them for. We will not see another anomaly in price increase like we did during covid unless there is another world wide pandemic and the entire world is once again trapped in there homes oh and there is an incredible amount of schill bidding and buying and social media influencers pumping and dumping covid was the perfect storm collector's that sold (not held) there collections during the covid Era in 50 years will be looked at as Guinness
Vintage is not only a good long term investment, but also has historical significance, which adds to the appeal.
50s and 60s are popular because we know the names, Mantle, Mays, Aaron, Ernie Banks. I think long term, people will start pivoting towards pre-war because it is much more rare than any modern 1/1, any modern auto
Looking forward to getting the time to listen to this one - should be good!
I wasn't expecting to watch more than 5 minutes... watched the whole 72.47.
Nice. That never happens.
Thanks for the content.
You guys did a fantastic interview here. I really really enjoyed the conversation. 💯👍🏼🔥
The sgc 9.5 mantle looks better than all 3 psa 10s. All 3 were also graded back when psa was more lenient.
Hell yes Geoff. I’m PCing a few nba players and trying to build a Newcastle united long term collection.
I have a few Laurent Robert and David Ginola rookie stickers if you're interested? Also have Papiss Cisse and Christian Atsu
Two top blokes. Missing Kelly though in her tight fitted attire.
Thanks for another great video as usual, always a pleasure to listen to your inputs. Always a great reminder to hear to Economics of any market since everything is constantly shifting and changing.
Thanks for the great conversation! Have a great one..........
Pokemon absolutely should not add serial cards. And saying they are "behind" is comical. They are the card market, they've created the largest IP ever in the space and they cater to their retail clients and that's why they remain so huge and profitable. The day they start making serial crap to cater to the "collector" they would begin killing their own hundred billion dollar IP.
Dustin rocking the hey dudes! Love them.
I always enjoy both of you and your information you share with us collectors and hobby fans.
There's only 1 PSA 10 of the 1951 Bowman Mickey Mantle! Older than the '52 but not as coveted, ...but I wonder what that baby would go for???
Grading is a cancer on the hobby there is so much corruption in these companies it's nit even funny grading ruined coins and stamps then infested cards comics and just about every other hobby it could get it's hands on! It's all about the raw collectible to heck with grading
Great episode ! 2 of my favorite UA-camrs
I miss Sasha 😢
I had a close friend. I move cards with mention to me that you guys made a ton of people lose a bunch of money. I immediately shut him down. Telling him I've been following you since your 1st video and have had great success without loss. Gotta buy and sell smart.
Could not disagree more on the 3 PSA 10 Mantles. 2 of those cards sell for $30 million with a phone call. The third. Depends on how much the buyer knows.
Love that Geoff starts talking about an inexpensive way to approach his philosophy and it turns out it was a $20k card. Not super relatable, and shows its a different mindset than most in the hobby.
Love it! Regards from Germany!
I’ve been with you guys from day 1 ! I have good intentions and thoughts, but I could never do what you guys are doing n recording.
Expanding a bit on the points starting @ 21:19. Expect sales and prices to continue to cool off come October when the Gen X and Millennials restart their student loan repayments.
Interesting comment in the end that Geoff's son goes through cards rather quickly, and doesn't like, having a card for more than maybe a month or two. I wonder as he gets older, and younger collectors in general that haven't, been in the hobby long, will be more willing/comfortable to hold cards, as they age..
great show guys interesting times no doubt
5 years before covid before all the so called collectors came out the woodwork was the time to buy.....ask this guy how big was his collects a kid??? Lol he probably had a barbie collection
Yep Jordan Fleer 86 PSA 10's were $10000 then.
Amen! And now that the market is correcting itself (not crashing like most that don't know the first thing about collecting think) it's time to buy its once again a buyers market (covid was strictly a sellers market it was a perfect storm everybody stuck at home around the world with. Nothing better to do then spend money on collectibles and ulta rich investors artificially inflating the collectible markets via market manipulation by schill bidding/buying and social media influencers doing pump and dump
loved this episode. found dustin through Brad, miss his stuff...
Always love the great content 🎉🎉
Outstanding episode!!! Great conversation and entertaining
I don't why, but I really like Geoff Wilson. I like watching the one bald dude more however.
Yeah, that bald bloke knows what he's talking about
Papa!
Players that do well in their craft. I want those cards. It's that simple folks..
Enjoyed the conversation
Thx for sharing.
Jeff did it occur to you yet that you’re a bad investor?
He's $2m down at the moment, but they could go back up
@@DanielCordone9 wonder where THAT money came from lol
@@fastfootedone Haha, 'you ruined the hobby I love wit ya bull**it'
Holding long term only works if you didn't over paid, and have abundance of money you can have tied up.
Amen that's why you need to really know when it's a buyers market (like we are currently in) and when it's a sellers market (like the covid Era was 2020-2022) this is how you truly build A collection (not just cards) you also need alot of patience (holding off till the right price comes along)
@@bennystratton7734 the way Geoff operates is kinda mind baffling...he spends a million+ worth for something he "hopes" will return let's say double to triple, even quadruple in 10-20 years!!!!! LMFAO I can think of a 100 ways I can would have turned a million into more than 4 million by 10 years end...like come on dude what a terrible strategy to tie up a million bucks, unless like I said only if you have so much of it.
@@thanhvu13 exactly or you have traveled into the future and 100% sure it will double triple or quadruple in 10-20 years
Good to see another Carolina boy in the house.
this was a great interview
W as always
Lonzo Ball
Cool content & appreciate both of your insights!
Good show Geoff !!!
Great discussion 👍
I’m stocking up on mahomes best cards..he’s the only current prospect with promise ..2 Sb, 2 mvp..on track to break all records..best qbr in season and post season..etc..very like-able and has charisma
How much are you spending, like lowest dollar amount and for which cards for Mahomes besides Optic rated rookie and prizm? What about 2nd year cards for Mahomes worth getting… like his 2018 panini Phoenix ?
@@marvelvsdc6611 one Mahomes NT RPA , one cracked ice auto contenders , one red power Prizm..all 2017
@@staleprad 👍🏼
How’s Will Grier doing
awesome show guys
Great video….thanks
I WANT THE TRUTH
You should thank tax payers for funding your long term holds
Very disappointed in this one! Did not discuss the subject matter Topic instead had a podcast style conversation. Yes, you’re great yes you can make contact but why don’t you stick to the subject and talk about that instead of the mutual admiration society a lot of credibility lost here for SCI.
What lord of rings card are ppl looking for?
When is Bside coming on as a special guest?
or how about Sports Card Radio - that would be GOLD
My #1 takeaway so far while listening.. Thank God for Texas respecting peoples freedom to assemble, and not forcing that blood clotting vax..
LOL, anyone who has $12k, $20k or more, to spend on a sports card doesn’t need this tutorial. We normal, blue-collar collectors are lucky to spend our milk money on a $50 non-auto prospect that may or may not flounder around in the minors for 10 yrs and end up a flop. Just in the last five yrs I’ve seen hobby boxes for even the basic product triple into the several hundreds of dollars. The hobby is for UA-camrs and breakers, it’s just not for us anymore.
Only 20k Lol....
Just do the total opposite on everything this Guy does & youll end up OK 🤞🏻🤑
I legit just unfollowed this guy too. Wasn’t of fan of the sports card radio talk.
Ugh….it all comes down to money.
panini has no future with there licenses ending soon.. they will print as much as they can so i would not be buying up any modern day panini cards...
yea yea, buy more Will Grier....
Bo Bichette or James Harden?
Will Grier is the past...moved on to Desmond Ridder now 🤭
Who is going to want the Mickey Mantle in 50 years?
everyone. Who wants Honus Wagner now?
Lmao!! Comment bellow sums it up perfectly. You made such an idiotic comment, think before you make a statement please lol
Geoff is so nice letting a dustin get an interview. His content has become junk the past year. Just a bunch retweeted response videos
It's Dustin!
I've been buying up joe montana rookie cards. I think they are way underpriced.
How does replacing one monopoly (Panini) with another monopoly (Fanatics) benefit collectors? All it is going to do is keep prices high (driving some collectors away) with no assurances of better quality (driving even more collectors away)!
You must not be paying attention to what's going on in the background.... fanatics is going to run things completely different
@@mikeschmid5133 It's STILL a monopoly! And it will only become a bigger monopoly if they take over one of the grading companies! Furthermore, when one company runs it all, you have to settle for whatever the quality might be - or not be - and pay THEIR price! I stand by my comment; but you're free to your own opinion, and free to pay whatever you must!
@@mikeschmid5133 It is STILL a monopoly! Furthermore, if Fanatics does acquire one of the grading companies, it will be an even bigger monopoly, and you will have to settle for whatever the quality might - or might not - be, at whatever price they set. You are free to have your own opinion, and to spend your own money as you wish, but you will still be dealing with a monopoly!!!!
@@mikeschmid5133 Since my response has been deleted twice, I'll just say I am plenty old enough to pay attention to the hobby since the 60's, and I know a monopoly when I see one!!!!!!!
Agree 100%!! Fanatics is just as bad as Panini they will over print to the moon not care about quality or their customers!! Replacing shyt with shyt is still SHYT
They will be cheaper as the economic depression gets worse.
I’ll make one statement which sums up Geoffs gruff he gets. He has 0 sentimental aspect attached to cards. It comes across as un genuine…
There’s no reason to collect cards. There cardboard. They are not investments and never have been. The word investment is used by the channel and hobby to gather interest.
A bag of chips isn’t an “investment” unless you find that chip that looks like Wisconsin! Even then, a potato chip makes more sense to sell for money as it’s food.
I’ve pc’d the same player for 25 years because of my dad. Geoff never once have I seen him talk about his connection to cards or family aspect. Maybe his families not involved in the hobby, fine!
Or maybe why that’s why people treat Geoff like an “industry plant”. Imo just an industry plant that’s come about.
This entire video there was no connecting. It was like back and further trying to “flex on each other on sports cards”.
There’s no reason to collect because our personal connections, historically they do not go up unless you’re collecting the top .001% and have 6-7 figures to throw at them.
Let’s stop beating around the bush
Amen!
@32:00 a full blown recession... w a depression... w a WW3... could be doom.
How many wealthy investors... buy cards in a good market.. but wont sell... because, in a good market, they will have to pay high taxes on a sold card.. however.. in a down market..they can sell because they more losses to write off..
no one pays taxes
Best investment in the hobby is 1987 O-Pee-Chee Barry Bonds PSA 10 or BGS 10. Bonds cards are leaving the station and everyone just dismisses it.
Didn't realise Geoff starred in What About Bob?
Great film. Very much resembles Richard Dreyfuss
I am buying for sure short prints and case hits of all the Goats
Great episode - loved the dialogue!
I'm buying everything I can right now. It's the lowest of the dip which makes this a prime time to drive the investment wine ;)
Yep, buy cheap graded cards and don't send any to PSA for grading. There's so many top cards in high grades that are worth under $30.
Give me a couple examples. I need to pick up a few more slabs this months.
@@bradscardsandcollectibles1596 Tiger Woods Czech Stadion 2001 PSA 9 sold for $11 on Goldin. Niki Lauda Sport Vedettes SGC 8.5 sold for $49. Should be worth about $4k
I suggest that you strongly consider buying vintage baseball cards. They hold value and they do appreciate over time. @@bradscardsandcollectibles1596
I just saw this sir, I like to buy vintage baseball cards. Card in the 50's and 60's is what I have built my collection on with completed sets in binders and also in boxes. 2 sets each year from 1960 till now. Those are a couple of examples of what I like to buy.@@DanielCordone9
Geoff really it was a pump and dump by Gary V no one ever paid 700 k for a Jordan rookie that didn’t already own the card
How was the word "Entrepenerrrrr" not used in this video?! Dustin, I expect more of you! 😂
That's the only reason I watched this. Very disappointed!
@@Concatenate 🤣🤣🤣
I had to go and have a kid in the late 90’s and missed out on some big cards.
Great episode gentlemen! 👍🏽
Thanks!
Great video
pokemon cards are great collector cards.. and of couse the 1999 1st edition cards are the grails…. but for some reason even modern cards are greatly collected.. pokemon is unique t sports cards as u said they dont have numbered cards….. i hope pokemon does not do numbered cards and speical cards…
I have held 95% of the cards I have collected since 1983. I have noticed that about every 40 years the market blows up and I am leaving my whole collection to my 3 grandsons to do what they want to do with them after all 3 r 18 years old.
Topps needs to bring back some of the highly collectible rare inserts to be on the level of the Kabooms, color blasts and downtowns. I do feel this will likely be the case when they get the rights to the NFL and NBA.
Most cards will keep going down quit lying to yourselves. They're just overhyped cards.
I wouldnt bother spending too much time trying to figure what will be valuable years from now. Most cards best days are behind em I would think. Its all just a guess on what stuff might go up and everyone will guess wrong anyway.
This is the time while others are playing the short term buy and flip. Time will always win.
👴🏽☝🏽
I agree the print run and boxes at retail being right now just not anyting most want.. i was hyped on retail in 2020 for football boxes and bought alot of that due to the BIG QB’s in that year… so i bought anyting I could get of 2020 football boxes in retail.. i think that long term will hold and increase in value thru time…. its a bet on burrow, love, toa, hurts, herbert… great rookie year of football
Same! I have a huge lot of 2020 unopened boxes and will patiently sit on them
Why is there so much hate and negativity in the hobby? If you like the content, cool watch it. If not, move on. Im just glad there is content to consume in the hobby. All you could find in 2019 was breaks online
Not negativity just truth and facts if you don't like a health debate on the hobby you don't have to read the comments just watch the one side view in the video
As a small player in this space this type of content is very helpful. I know there is a big industry beef right now between Geoff and Sports Card Radio which is unfortunate. I actually think that both make very good content at the end of the day. I found Sports Card Dad's channel about a year ago and his content is also very good and informative. He doesn't take sides in the beef either which is the same approach I am taking. Absent of proof I am not going to condemn Geoff for doing anything shady or underhanded that is damaging the hobby.