So I woke up this morning to these two cards sold. I bought these at the previous show with trade for things that I had maybe $300 into and some cash on top. I profited quite nicely on this deal. So I essentially turned $400 into $900 give or take depending on eBay fees.
So I decided to make an offer on two serialized naruto cards at $500 and they accepted that offer. I got asked 3 or 4 times at the show if I had any serialized naruto cards. My answer was always, “if I did I probably wouldn’t sell them.” Just because I love naruto cards and they are the only cards I really collect personally.
If these two naruto cards are super clean I’ll send them off to Beckett. I’ve seen quite a few serialized cards get Beckett black labels. If they both get black labels which is unlikely but possible then they could sell for quite a premium I’m guessing. There are no sales so it’s a sellers market and people love Naruto. But there is a piece of me that is unlikely to sell them.
Now look, naruto is an asymmetrical play in an unproven market. I don’t Recommend doing plays like this but because naruto is a massive IP I feel comfortable personally. When doing plays like this you should limit yourself to maybe 5%-10% of what you are looking to invest. Buy the stuff that sells easiest such as Pokemon. I have a lot invested in Pokemon so I’m fine taking Pokemon money and running a speculative play. Plus I have more cards to sell that I know will sell. I’ll just continue reinvesting.