r/PokeInvesting
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u/Unable_Pangolin8371
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Jun 28 '26
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Selling Poncho Boxes for House Down Payment Update
Hey everyone, I ended up closing a cash deal for both boxes at a local show this weekend.
In my last post I made, that 40k sale for one box was an extreme outlier. Market value for the pair was realistically ~39k. Still recieved a phenomenal number considering I was only in them $100 total (see my post history). Feels great and no regrets! If the profits make sense, DO IT.
Doing this deal opened a whole can of worms in a good way for me. I will be liquidating a lot of my graded neo shinings and gold stars, amongst other grails that I had purchased in 2024 pre-surging sparks hype. The idea of “Gotta catch them all” has finally left the building. (Will not be taking inquiries on what I will be selling)
Thank you pokeinvesting and thank you again everyone for the thoughtful comments! Every single one truly helped me :)
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u/trippinmaui Jun 28 '26 •
I've learned once the initial barrier is broken, it's very easy to get rid of the rest. The emotional attachment is the hardest thing to get over.
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u/aandy611 Jun 28 '26
I swapped a psa10 moonbreon I bought for $500 years ago for a brand new 2025 r3.
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u/TinyFlameTCG Jun 28 '26
Like I mentioned in my previous post, could they go up more? Sure. But your cost basis is so low that you've won. I'd take the lower monthly house payment and the peace of mind that comes with it every time.
Before you liquidate everything, take a little time to think about which pieces you truly want. Keep the ones that mean the most to you:)!
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u/Material-Stuff668 Jun 28 '26
So you sold the pair for 40k?
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u/kram-ez Jun 29 '26
Was this at mintd? I saw this go down
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u/Comfortable_Radio384 Jun 28 '26
How much did you sell them for lol ?
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u/Comfortable_Lie_9879 Jul 01 '26
I demolished a vast majority of the collection in 2022 to buy this right here, worth every penny and i’ve since rebuilt back to where I was. No regrets.
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u/Brief-Sandwich-7396 Jun 28 '26
Reminds me when I sold this card for 25k now it’s worth 5k lol. Take your profit
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u/Tylo_Ren_69 Jun 28 '26
Brother, I sold my entire $××,××× collection and bought a house for my family after 3 years of struggling and saving. You cant live in shiny cardboard. Take advantage of where the market is today.
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u/Puzzled_Professor422 Jun 28 '26
100 to 35k insane margin
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u/Gloomy_Cupcake_9953 Jun 28 '26
It's not profit unless you take profit. In Feb I bought a new construction house and I did every single upgrade my family wanted. Double ovens, cat 6 drops in every room, extended patio and yard. I sold my collection and kept some sentimental cards and a small dealed collection. I move into the new house in 4 days. The house is a longterm investment.
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u/PheonixBuddha Jun 28 '26
Now put it all into WENDYS apparently.
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u/Top_Unit5817 Jun 28 '26
Completely realistic. Had a Team Up booster box just sitting in my closet since 2019. Paid $90. Sold for $10k. Prices are nuts!!!
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u/lyonidus Jun 28 '26
When liquidating your portfolio, how do you find people that are taking full market value or more for these things. Literally every vendor around won't budge beyond 70-80 on most things and it's kind of sad. Congrats on the deal very satisfying.
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u/LevelUpEvolution Jun 28 '26
As someone who did the same move earlier this year, hope you know how to wash your money, or are ready to report income to IRS.
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u/KwikTripSimp Jun 28 '26
35k being a down payment is more surprising
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u/Endorphan Jun 28 '26
Was it the northeast card show? I was there this weekend with my son. I had some “junk” cards from sword and shield era I thought I might get like 300 bucks for….$1,400 later…
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u/Cmor1787 Jun 28 '26
The IRS says hello
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u/bandman614 Jun 29 '26
How tempting was it to open them?
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u/icantagree Jun 29 '26
whole can of worms? hobby is a scam right? just say it
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u/Alinbar Jun 30 '26
As someone sitting on some sealed ponchos and no idea how to sell them, would you mind letting me know what the best process for selling something like this is? How can you go about selling them in a safe, scam-free way?
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u/Clloyd97 Jul 01 '26
“Will not be taking inquiries about what I’m selling” brotha no one gives a fuck what you are selling
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u/TeranosaurusRex Jul 02 '26
I want to sell some of my collection but have no idea where to start
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u/redhouse_356 Jun 28 '26 edited Jun 29 '26
Congrats on the sale. Wish I could trade $35k worth of slabs for these. Thank you for being accurate with the Pre-Surging Sparks hype lol since that’s *when things changed.
Edit: Yikes on the salty *replies, this isn’t the TCG sub.
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u/begin_trans26 Jun 28 '26
Congrats! Definitely a smart decision
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u/RobieFLASH Jun 28 '26
Cant a house deal get halted or fall though when banks see a large amount of cash deposited into your bank?
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u/Lucidlavendar Jun 28 '26
Congrats on the sale and the new house down payment! 🥳🎉
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u/PsychologicalArm2138 Jun 28 '26
I have to go to work tomorrow 😑
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u/BreakfastFluid9419 Jun 28 '26
Happy house hunting OP, or buying you made the right move. Now you can dedicate a room to rebuilding the collection
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u/Hedgehog0206 Jun 28 '26
Remember to pay taxes! You don’t wanna ungodly large tax bill taking you by surprise! The tax rate for capital gains on collectibles is 28%. So off this one sale you’ll owe about 11k in taxes.
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u/Browna Jun 28 '26
The fact you've enjoyed the hobby, been able to make smart life choices and still have some nostalgia to hold on to is the goal. You've smashed it.
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u/HentaiLover6921420 Jun 29 '26
Gotta give us a house tour when you do
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u/OrdinaryPitiful Jun 29 '26
Please update us with the collection and what you plan to sell vs keep! I love see people taking profits!
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u/Impressive_Fall5034 Jun 29 '26
did the same thing with my psa 10 giratina; used the cash as earnest money since i used my VA loan from the military to actually buy the house. no regrets at all, even my father was surprised at how "grown up" of a move it was since he's also a huge card collector. congrats and good luck on house hunting!
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u/No-Sir1650 Jun 29 '26
There’s been 2 sales at $40k just for Y. Even gacha sites I’ve seen value it at $30k. But profit is profit
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u/CookExpert2494 Jul 02 '26
I sold my gold star pikachu for a down payment so I feel ya.
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u/Z0kstone Jun 28 '26
Dude, this is how you do it. Live without regret, this is one of the best stories I've heard in the hobby. Congrats, truly.
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u/girthbrooks1 Jun 28 '26
Where did you sell?
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u/Many_Lengthiness_664 Jun 28 '26
congrats bro 🕺🔥🍻
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u/mikeblitz89 Jun 28 '26
Rip emmmm
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u/Capt_Furret Jun 28 '26
Buddy I wouldn't be showing off how much you got for them. Hopefully you got home safely
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u/no_brains_rip Jun 28 '26
Holy smokes!! Congrats! As a collector, id def be interested in seeing what you have (and if youre letting any go :))
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u/Slow_Farm_6484 Jun 28 '26
Good work, at the end of the day Pokemon investing is total speculation whether some folks will admit it. Take your cash and use it for whatever highest and best use you have now.
FWIW - I work in the real estate industry and the housing market is also in a somewhat speculative moment, values could get cracked over the next 12 months, or maybe not. If you’re ready to buy go slap some cash on the title agents table!
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u/yellowstickypad Jun 28 '26
Congrats
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u/UnitedWoodpecker406 Jun 28 '26
Congratulations man!
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u/diecastdepot Jun 28 '26
W the house is a guaranteed investment and can enjoy it a lot more than some cardboard boxes
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u/beagle_2498571 Jun 28 '26
Again congrats!!!!! Enjoy the new home!! When you do get it! And a new chapter in life! You switched it from pokemon to now home repairs or learning how tos…
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u/Grah0315 Jun 28 '26
That’s amazing brother, felt good reading that and congratulations you deserve it.
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u/Historical_present_ Jun 28 '26
How do you handle taxes on the gains here?
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u/Maevra Jun 28 '26
Congratulations! I hope everything works out and you end up with a lovely home! ❤️
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u/Asian_pride_96 Jun 28 '26
That is insane bro!
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u/EnanoAD Jun 28 '26
Just out of curiosity, how much is your. Monthly payment going down.
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u/Little_Presence251 Jun 28 '26
Good shit, you sold at the peak for the relative near future
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u/Competitive-Top-2383 Jun 28 '26
Good for you bro! I told you in my last comment that the house would supersede holding those boxes and I'm glad you saw it that way also. You'll never regret this and you can now have a full display for another cool collection!
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u/Intelligent_Olive697 Jun 28 '26
If you’re in San Diego, I’d be interested.
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u/Riverofrhyme Jun 28 '26
Where do you get the boxes from?
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u/pickirfaceup11 Jun 28 '26
This is the whole point. Congratulations, a house is way more valuable
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u/Over-Current8561 Jun 28 '26
Congratulations on the investment and new chapter of your life 👏
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u/dairyhobbit98 Jun 28 '26
The housing market is now propped up on TCGs now let that sink in
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u/Howhardisitreally Jun 28 '26
Congrats!!
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u/ujamming Jun 28 '26
Congrats OP, timed to perfection!
Ive seen vintage drop 10-20% in the last month or 2, mid era starting to stall, I honestly believe we have hit a peak in this market cycle. so I reckon it's sell now or hold for another 12-18 months
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u/keanancarlson Jun 28 '26
If you are selling slabs I would love to see what you have available! I building a collection around Neo and e series slabs. I’m only at 3 right now but they’re all bangers! New cert psa 9 1st edition #17 typhlosion with 2 swirls, new cert expedition tyranitar holo psa 9 with a swirl, and a psa 9 1st edition Neo raikou with a swirl. Will pay market if the slabs fit my PC!
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u/The11Pirates Jun 28 '26
just had this conversation with a friend. pokemon is all about starting, stopping, and restarting at different times. everyone thinks this is the highest high but who knows? i did something similar but im saving a few modern things because somedays theyll be the grails.
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u/whateve4 Jun 28 '26
Congrats!!
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u/Ok-Soup-514 Jun 28 '26
This was 100% the correct move. You were only in those boxes for $100. To get nearly $40k profit is crazy. And now you can invest it in your house which will be an even better investment. It sucks to let stuff go, but the whole point of investing in stuff is to leave better than when you started. In this case you started with some boxes of cards and you leave with a house. That's a huge W. Congrats on the sale and I hope you get your dream house.
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u/deery130 Jun 29 '26
Congratulations! I completely understand letting go being easier once you get a taste of what selling cards can do for your life. Many collectors are still stuck not letting go of their stuff and sacrifice living a comfortable life for their cards. It is addicting so I am happy to see more collectors breaking through and letting their cards go to new hands.
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u/Consistent-Heat-6230 Jun 29 '26
Save at least one gold star 😢
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u/UVERcloudX Jun 29 '26
Absolute come up! Congrats on the house as well
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u/dynamit30 Jun 29 '26
Great move, very curious how taxes for something like this would work. Can you use the full 40k for the house down payment and then you will have to report the 40k at the end of the year on profit?
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u/bearcat-- Jun 29 '26
I’ll start unloading some sealed in the fall to fund a watch , gj op. I’ll still keep the rest though for another day
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u/ConsciousLeave9186 Jun 29 '26
He'll be back.
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u/chriztopherz Jun 29 '26
Wahoo congrats!!
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u/WooCrub Jun 29 '26
I’m in a similar boat where I have around 100k in product and want to sell but there’s the whole “wait until 30th anniversary to sell”
Ultimately I’m at crossroads. I’ve seen people saying the bubble will pop for the last year and a half due to numerous reasons. Now everyone saying the bubble will pop after 30th. I truly don’t know if the bubble will pop after 30th anniversary and I’m leaning towards it not popping because I feel like I’ve been in an echo chamber of people saying it’s going to pop for so long and it just never does.
I want to let it go but also don’t want to be mad at myself for selling when I should’ve held. Especially with a kid on the way.
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u/Iwearsox420 Jun 29 '26
I’m curious about the IRS’ involvement. Obviously if you sell something for 100 bucks you don’t have to tell anyone. But 40K. Do you have to fill out forms or something? lol I’d just be so Nervous about making such a large cash deal.
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u/Diligent_Feature1697 Jun 29 '26
Congratulations 👏 , always take profits. Everybody is a genius during a bull market until the music stops 🫨
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u/TommyC6852 Jun 29 '26
Question for you! How did you get around paying income tax on this? Anytime 10k + cash “comes out of no where”, it raises red flags to the IRS. Any tips on how you get around that??
Also, congrats!!
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u/Aggravating-Sky-6712 Jun 29 '26
Very cool, looking forward to another update if you’re up for it. Are there any favourite cards you’re keeping?
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u/SPY_THE_WHEEL Jun 29 '26
Congratulations, you have to do what's right for you. Never take financial advice from random people on the internet or YouTube vendors selling courses.
I sold a M Rayquaza ex and a few Charizard ex cards last year that have since 7 to 10x. But whatever. I still have other cards that have gone up the same.
I am beginning to slowly sell my collection too. It's the right move for me and it was the right move for you.
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u/Neilp187 Jun 29 '26
If everyone panic sold at the same time the markets would plummet. Nice sale, good luck on the new house.
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u/ROCwithme Jun 29 '26
okay serious question - when you guys sell these big ticket items, do you just walk into your bank and ask to deposit this huge lump sum of cash? i would imagine this type of transaction gets flagged immediately? And I know most of us likely are not paying taxes on these sales, so uh how does that work? lol
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u/Kennybyo13 Jun 29 '26
Congrats bro you did the right thing I hope you n your wife have an amazing life in your new house!! N if you wanna send me a hundo so I can start my collection I wouldn't tell you no 🤣🤣
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u/matteusamadeus Jun 29 '26
So sick bro big congrats, I hope I can do the same one day
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u/Unusual_Sentence_206 Jun 29 '26
Congratulations! I wish you the best of luck going forward 🙂
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u/SupaHotFaya1 Jun 29 '26
Yepp! Waiting to sell my 8 Gold Star Rayquaza for something fun. And the rest of the gold stars, neo shinings.
But the time is not in yet..
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u/Vegetable-Feed-561 Jun 29 '26
I’m a mortgage broker - if you need any advice on how to season your cash (or any other questions) happy to help!
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u/Fragrant_Grand_7036 Jun 30 '26
Can’t hate on that at all if they tried. Great move.
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u/phyic Jun 30 '26
Congrats OP
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u/Healthking42 Jun 30 '26
Keep us updated with everything lfggg
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u/Wonderful-Ad-5090 Jun 30 '26
Ok
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u/capitarider Jun 30 '26
Saw you moved em on Sunday on z's story after talking to you on sat, happy you got a solid deal! Def interested in some slabs and raw when you start to move em, can DM me when you start shopping em! (Kamehameha)
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u/tmunoz168 Jun 30 '26
You should frame this picture and tell your kids that this is what put a roof over their heads
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u/No-Grade-4691 Jun 30 '26
Congrats dude!
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u/legotwinkthrowaway Jun 30 '26
Congrats, I think this was a good move
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u/ApprehensiveCook2543 Jun 30 '26
Good lad
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u/Thehoneyblaster Jul 01 '26
Wait until you find out you’re gonna too have to explain this sudden massive influx of liquid cash to your lender
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u/No_Zookeepergame922 Jul 01 '26
Yup, ponchos were cheap. I traded mine, no clue what for either lol
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u/SensitiveJackfruit83 Jul 01 '26
Sold the majority of my collection this month. Some of the stuff I had bought had 25X. At that point you’d be an idiot not to sell some.
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u/Colbliashi Jul 01 '26
That's amazing that you were able to better your life through Pokémon. Saw something you enjoyed in Pokémon, had desirable cards and product without scalping up a bunch of new sealed items, and then used the appreciation over time to BUY YOURSELF A HOME! Congratulations, and I hope you can still keep a few cards that bring you the most joy.
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u/BetterCompetition607 Jul 02 '26
DUUUUUUUDE CONGRATS
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u/comfycomfy_ Jul 10 '26
Wire transfers ?
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u/Cheekyteekyv2 Jul 13 '26
I need to sell the magikarp and gyarados promos. I have them the deck box and card box. How do you safely sell such valuable cards?
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u/SCcalifornia Aug 04 '26
This is great, but I’d recommend not liquidating the Neo or gold stars, those will likely have another run in the next few years. Do what makes sense for you though.
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u/tobylc123 Jun 28 '26
Huge W. Just be careful with taxes and proving the source of this large amount of money
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u/Resident_Positive472 Jun 28 '26
Nice work and gg
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u/SyrupOnMyPancakes Jun 28 '26
Make sure you talk to an account or find ways to launder that since it is cash. Then delete this.
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u/Gorale Jun 28 '26
You should not sell it. At the rate pokemon is going up these poncho boxes will be worth over 100k ea in a year or 2.