Magic Cards

Bought: $13.56 Sold: $33.55 Fees: $0.00 Profit: $19.99

I haven't bought Magic Cards (MTG) in well over 15 years, but I am aware that they are still collectible and can have value. Normally  I would never buy them. There is simply too much unknown when blind buying them, and so few cards have any real value. I was at VV, however, when I saw four bags of about 150 cards each, and I could see a couple cards in them that I knew had some value, and figured they all came from the same collection. I took a risk and bought them.

I went home, and there is a store in Ottawa that will buy certain cards they want, and they put their list online with the price they will pay. I entered the name of all 600 cards, which took way too long, and found 75 that they would pay for. The total came to just over $50, but that was assuming they were all in mint condition. That is another thing about MTC cards - they lose value quickly if they have been played with. I dropped them off at the store, and they were assessed and the pay was $33. 

I got lucky and made some money on this flip, but it was far too much work, and there is too much blind luck in this. I wouldn't do this again.