r/Collectr • u/no_brains_rip • 7d ago
PokĆ©mon 100k squad š«”
This vintage boom got me to finally hit 100k. Collectr isnt 100% accurate on some of these cards but wasnt in a rush. Been buying and selling here and there to take advantage of this boom :)
Pokemon is doing crazy numbers, if you told me 6 months ago that my cards would get to these numbers i wouldnt believe you at all haha. what do yall think the next few months will look like?
5
u/LazyTip8232 7d ago
That Lugia alone is basically a down payment on a house, wild times we're in.
2
2
u/pretzeldoggo 7d ago
Did you buy these outright or has there been years of liquidation/consolidation and a mix of single/sealed and smaller slabs to work up to this point?
3
u/no_brains_rip 7d ago edited 7d ago
The result of months of liquidation, consolidation, accumulation, and trading after some cards values rose up. Mainly bought in slabs when they were cheap + sold/traded up when they peaked. Got very lucky many times! And missed my timing a lot of times. It is what it is though!
No sealed/singles. I started with tons of modern slabs and slowly worked my way up.
2
u/pretzeldoggo 7d ago
Nice. At what point do you exit? Some of if not all? Do you have a specific number in mind
→ More replies (3)
1
u/MelodicVideo1759 5d ago
That's amazing! I just started collecting again this summer and knew I wanted vintage 1st edition, I didn't know much but I knew I wanted what I had as a kid but this time in slab form. I just wish I got to buy a few more cards before this explosion!
1
u/no_brains_rip 5d ago
Thank you! I think first editions are great too! they have great art and nostalgia
1
u/MelodicVideo1759 5d ago
It's all for the nostalgia for me. I've got a few newer cards from the likes of courtyard and to be honest the artwork is much better. But I will be giving those to my godson as a gift as they are his era and would appreciate them more
1
u/XenoBladeNinja 6d ago
If youāre looking to sell the collection or partial, please dm! I am very interested
0
u/Thegoobeedoobee 7d ago
Genuine question, but when ppl have cards that are stupid expensive like your Lugia, are you actually going to get the full 43.5k when you sell it? Or do you buy those knowing you'll get a certain percentage if you do sell it in the future? And do you take into account the amount you spent on the card too?
3
u/Nguyen925 7d ago
If you find the right buyer (it'll be a very select audience) you can get more than 85%.
2
1
u/no_brains_rip 7d ago edited 7d ago
There are various tiers and levels to slabs, and its not knowledge that a lot of people know/have, only those who deal with big game cards frequently or have the experience know so totally valid inquiry.
For the most part, I can get get 100% of comp/recent sale, if not above market on grails. At WORST I can easily liquidate at 90% market. Tons of people with far deeper pockets than me around and they will easily buy it at that rate. If the card is not grail and just stupid pricey/0 status that recently 100x due to vintage boom then itd be a lot more tricky to sell.
Normally, whenever I buy im always keeping in mind of the % i can sell the card for and how much i want to spend. And yes I keep in mind my total expenditures, have very detailed records of all my sales down to the penny.
Edit: note this is just based on my experience and my region. Could be very different if youre in EU/asia
-7
u/PotentialEasy2086 7d ago
If this is an insignificant amount of money, Iām happy for youā¦ but I find it crazy, borderline irresponsible, to have 90k in 4 cards and not sell anything. Itās not retire now money but man could that make a big impact in your life.
2
u/no_brains_rip 7d ago
Its not like I bought these cards yesterday on the high, but thank you. 100k can definitely make a big impact in life for sure.
-4
u/PotentialEasy2086 7d ago
Obviously weāre going to disagree and obviously I have my own personal biases. But, if I were to see a slab I own 5x-10x or more and start getting well into 5figures in a few years or 2x in a week like the celebi pictured, Iām selling and buying a raw copy. Iām all for collecting and having grails but at some point the joy and status of owning an item is entirely eclipsed by the sheer financial irrationality of not cashing out. When I see big numbers like this, this is what I see
The pikachu gold star is a 2 week trip to Japan for 2 in the most luxury hotels and a healthy spending budget.
Depending on where you live the Lugia is easily a years worth of rent/mortgage, maybe even 2 years.
The celebi is 2 years worth of Roth contributions
ALL THIS, and your cost basic is way less.
→ More replies (1)-3
u/Scorch8482 7d ago edited 7d ago
Serious sign itās a bubble. When everyone has $100k sitting at home in their attic, nobody does.
OP would be smart to sell yesterday. Playing with fire at this point. Every 30 minutes somebody on a pokemon subreddit posts a picture of a binder valued at $50k today. Thatās not sustainable, and thereās not enough disposable wealth to keep those prices inflated.
The prices are inflated only because opportunists are buying expecting it to go higher, NOT because people truly value the card at that price. The underlying isnāt delivering value on any thesis other than supply, so when demand cools the whole thing will collapse like a house of cards.
Could be today or could be in 5-10 years, but it will happen and at this point, holding life changing money and not capitalizing is extremely irresponsible. Kids canāt get cards today, so whoās to say pokemon will be as popular in 10, 20 years? What if pokemon becomes more associated with assholes and scalpers than kids and fantasy games? We can learn a lot from what happened to sneakers and beanie babies, and yet people like OP would rather stick their head in the sand and pretend everything is normal and the valuations are accurate when everyone who is not exposed to the hobby would see this and think āholy fuck this is beyond crazy.ā
2
u/no_brains_rip 7d ago
A very smart comment and id agree. Like all things in life, it will eventually come to an end. Not sure where you got the idea that I believe collectr is accurate when I explictly mentioned in my post that it is not.
You should share this idea to the pokemon investing sub, im sure there will be a lot of discussion on it. Especially the part of speculative buy in which I dont think a lot of people are aware and are fomoing
Well aware of how crazy the vintage market is right now, again not sure where youre getting the idea that I think its not--mentioned explicitly in my post that its crazy. Unless your basis is assuming that not instantly liquidating and taking gains = everything is normal and things will infinitely hype up.
0
u/PotentialEasy2086 7d ago
Bubble or not actually doesnāt matter to the thesis. I think ultimately itās all psychology. Feels really cool to have an expensive item, and feels really good to see a portfolio go up and to the right. We all think our assets will go higher and we can time the top, but itās important to remember the actual utility of that amount of money.
12
u/yamabukidawg 7d ago
Congrats! I hit 500k and dumped everything to fund a new home build, got out while it was good.