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
selling sports cards
Buying, Selling, and Trading on Twitter
The growth of social media has greatly expanded the outlets for buying, selling and 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 collector. On … [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
Tips for Successful Selling at Local Sports Card Shows
Once upon a time, you were all but guaranteed to make a profit if you set up at a local or regional sports card show. Before eBay came along in the mid-1990s, you could probably find one within driving distance. Make sure you had enough hot product or a nice stock of vintage cards and you would likely come away with money in your pocket. It was a … [Read more...] about Tips for Successful Selling at Local Sports Card Shows
Creative Ways to Sell Modern Era Cards
A few months ago, I went to a painting class for a friend's birthday. There were about 20 of us lined up with paint and a canvas. The mission: To paint the perfect tree. I'm creative enough of a guy and have all the tools everyone else does, so I figured I'd bang out the greatest painting in all the land. I was wrong. I ended up painting my … [Read more...] about Creative Ways to Sell Modern Era Cards
How to Efficiently Process a Bulk Buy
You did it! You landed the deal of the century. After two hours of driving, meeting, looking and negotiating, you picked up a quarter of a million sports cards. Trying to keep your cool while handing over the money and loading up the cardboard into your vehicle, you head home. Between the prayers for the safe trip back and the pure wonder of what gems may be hiding in all of … [Read more...] about How to Efficiently Process a Bulk Buy