Sports collectors usually enjoy showing off or talking about their baseball cards or autographed memorabilia, but in some instances, their children, spouses, or heirs aren't quite as enthusiastic. Some don't give a hoot. It can pose one of many problems when a sports collector passes away and family members are clueless in what to do with that basement full of "sports … [Read more...] about Why Your Sports Collection Needs to Be Part of an Estate Plan
selling sports cards
Mascot Adds Whatnot to Selling Integration Platform
Mascot, which allows trading card sellers to list items on various platforms simultaneously, has a new partnership with live streaming platform Whatnot. The integration allows Mascot users to add cards to Whatnot selling accounts, providing another option to sell them to a large audience of potential buyers. Whatnot is the largest live-streaming platform in the United … [Read more...] about Mascot Adds Whatnot to Selling Integration Platform
New Bipartisan Bill Gives Hope to Online Sellers Fearing 1099 Forms
If you sell a few thousand dollars in sports cards or other items on eBay or another online outlet in 2023, there’s still a chance you won’t be getting a 1099 early next year. The plan to force online sellers to report amounts as little as $600 to the IRS that’s scheduled to go into effect this tax year is getting a challenge from two senators—one on each side of the … [Read more...] about New Bipartisan Bill Gives Hope to Online Sellers Fearing 1099 Forms
IRS Delays Implementation of $600 Threshold for Third Party Payment Forms 1099-K
If you’ve taken in more than $600 from Paypal, Venmo or other third parties this year while selling cards or memorabilia, you won’t be getting a 1099-K form from the Internal Revenue Service after all. The IRS has announced that it’s delaying the implementation of the new law until 2023. As a result of the delay, third-party settlement organizations will not be required to … [Read more...] about IRS Delays Implementation of $600 Threshold for Third Party Payment Forms 1099-K
Buying, Selling, and Trading on Twitter
The growth of social media has greatly expanded the outlets for buying, selling and trading trading cards over the last dozen years or so. The reaches of Facebook and Instagram are wide, but an often overlooked platform is Twitter. We last gave tips for using the platform more than 10 years ago. Now, there’s a sales thread on Twitter for just about any card … [Read more...] about Buying, Selling, and Trading on Twitter
TCGplayer Opening Marketplace to Sports Cards This Summer
Sellers connected to online ecommerce platform TCGplayer will soon be able to sell sports cards in what’s traditionally been a gaming-oriented space. The company will be inviting sellers to list their sports cards on its marketplace beginning this summer. In exchange for a transaction fee that generally ranges from 8.95% to 10.25%, TCGplayer enables stores as well as … [Read more...] about TCGplayer Opening Marketplace to Sports Cards This Summer
StarStock Raises $1.3 Million in Seed Money from Kevin Durant, Other Investors
One year-old StarStock, a trading card marketplace, is getting a big influx of cash courtesy of a group of investors that includes a couple of NBA players. The company announced Monday that it had raised $1.3 million in seed funding “to fuel the company’s growth plans.” Participants in the round include NBA all-star Kevin Durant and long-time veteran guard Matthew … [Read more...] about StarStock Raises $1.3 Million in Seed Money from Kevin Durant, Other Investors
Selling Your Sets, Part II: Picking the Right Auction Outlet
This is the second of a two-part series on getting the most money out of your better baseball and other sports card sets if you decide to sell. Part I covered putting a plan together and showcasing some of the best cards in your set. In part two, Mark Arzoumanian offers some insight on how to pick the right place to help you with the sale. If you’ve identified … [Read more...] about Selling Your Sets, Part II: Picking the Right Auction Outlet
How to Sell Your Trading Card Sets Part I: Have a Plan
I’m a glass half full guy. But lately I’ve been thinking about death. My own. It’s hard not to when every day the news is dominated by Covid-19 stories. Sad and disconcerting. But if I were to die from this virus next month, one thing I know for certain: An auction house of my own choosing will auction off my baseball card collection. My two younger brothers, neither of whom … [Read more...] about How to Sell Your Trading Card Sets Part I: Have a Plan
COMC Releases Details on eBay Auction Consignment Service
COMC will open its eBay consignment service next month, with its first batch of auctions set to launch at the end of the year. Earlier this month, the company announced it was planning to supplement its online consignment store with an auction option. The new platform will allow users to shuttle their current COMC inventory to eBay auctions or submit new items to … [Read more...] about COMC Releases Details on eBay Auction Consignment Service