Check Out My Cards: Buying, Selling, & Flipping on COMC
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- čas přidán 17. 09. 2020
- An in depth look at COMC (Check out My Cards) and their business model. Going through what it takes to buy, sell, and flip your baseball/football/basketball/hockey/soccer/non-sports cards on their site. How and why I use it, and discussing the advantages and disadvantages of the site.
Another great video Chris thanks. I am a big advocate of COMC, you did a great job explaining the benefits here. A couple things I’d like to mention to further encourage everyone to give them a shot. First on the shipping/processing delays, I believe they will get back on track after COVID, they are located near Seattle and were amongst the first states to get locked down and they are still recovering, they never missed a deadline for me prior to COVID. Second, they do have a less expensive option to list cards at .35 per card vs the .50, this price is currently suspended as they try to catch up. Finally, just a technicality but the actual fee to sell and cash out equates to 14.5 percent, not 15. The reason is the 5 and 10 percent fees are each taken out separately so the 10 percent only comes out of 95 percent of the sale. Example, a card sells for $100. COMC takes 5 percent leaving 95 dollars deposited into your account. You then request a cash out of that $95 and COMC takes 10 percent of the $95 ($9.50) leaving you a total cash out of $85.50. Not a huge difference but it does add up if you are doing significant volume.
All excellent points and all 100% correct:
1. Pre-covid, shipping times were totally reasonable and there is no reason to expect they wont eventually get back to that
2. The $0.35 vs $0.50 makes a huge difference when dealing with cards worth around $1 - $1.50. The $0.35 option should be back at some point.
3. You're spot on, its actually a little under 15%.
Have ordered 8-10 cards from comc and have only received 4, shipping times are real bad with COVID. Wasn’t shopping with them pre covid so I have no idea how it is. I’m sticking to reasonable shipping times and communication until things look better for others. Thanks for the vid!
Six months later and their shipping is still abysmal. Can’t keep blaming COVID. My EBAY purchase last week wasn’t sent out until a week after my purchase.
@@collectorinvestordealer The impression I've gotten from some of their recent messages is that the lower-priced option may be gone for good. I hope I'm wrong, because a break-even of roughly $0.80 ($0.50 submission fee, $0.25 fee added on to the sales price, plus a few cents per card to ship them to COMC) and periodic sales where a 20-30% is typical, that eliminates the possibility of both selling and buying many cards on COMC. I'm wondering if they're ceding the low end of the market to places like SportLots...
@@collectorinvestordealer hey man, just in the odd chance your reply i have a question, when buying cards on COMC, does it make more sense, as an INVESTOR to buy graded cards or just EX-NM cards, say there is a jordan card for sale PSA 9 for $500 but the same card UNGRADED EX-NM for $50, what would make more sense buying? thanks
This dude is literally my favorite card youtuber.
Thank you!
the word literally does not apply to your comment look it up
@@johnnycash578 literally the best grammar policing reply ever, like literally.
Well duhhh
COMC needs to pay you for this video...its super informative and your one of the best at explaining exactly what someone would need to know to get started in regards to the hobby in 2020. You speak in layman's terms with a normal speed that is paramount when step by step instructions are needed.
Thankyou. I along with many others enjoy and appreciate your work and content. One of the best on CZcams.
Can't tell you how much I appreciate that. Thank you for being a viewer.
COMC is garbage. I've been waiting 4 months for my cards. FOUR MONTHS. But they are running auctions on eBay. What a bunch of bullshit.
You are a fantastic orator of this trading card hobby. COMC is very lucky to have you as a free spokesman of their company. So many positives in using their service. Thank you for another great video.
That means a lot, I really appreciate it. Stay safe, friend!
There's a lot of random videos about COMC on CZcams but this is by far the best . Great job!
Thank you man, that means a lot.
As an amateur collector/investor this is exactly the type of info I've been looking for. Just an awesome channel in so many different ways. Thank you!
Glad to hear you found it helpful and thank you for the kind words.
I'd love to see a video on how you catalogue/organize your stock/personal collection.
Thats a good idea, appreciate it, something I will consider for a future video.
agreed
He has mentioned his personal collection isnt huge but i bet what hes got in there is some 1/1s worth the price of a house 2-3 of those is all you need lol
Love comc, their warehouse must be jam packed with cards, i would love to see a tour on how they keep everything organized.
Good point, that would be fascinating
I drive past a big comc building on my way to workout a couple times a week I want to walk in every time but doesn’t look like they want that
Theres none. I've had multiple requested shipments since january. Still nothing.
@@sh1eld39 b bb bb. b
I'm just starting to use COMC for lower-value relic and auto cards. Definitely some advantages over eBay. One thing I've noticed on eBay that makes it more competitive for buyers is that many sellers are now offering singles with free shipping in a plain white envelope (PWE) or just charging $0.50 to cover the expense of the stamp. All of the cards I've received in PWEs have arrived in great shape.
Thats true, some ebay sellers are switching over to PWE. This in theory is most dangerous for the seller, as if the buyer claims they didnt receive it, there is nothing the seller can do. But you're right, I havent experience any issues with PWE.
I’ve been doing PWE for long time with no problem but I add an extra layer of protection that I’ve seen others do as well. Buy some thank you cards that come with envelopes and use them with your penny and card saver. You can find thank you cards sets on sale all the time.
Great video my man. I've seen many videos from even the most 'experienced" Collectors, who have explained Comc and none have come even close to the detail and more importantly, the simplicity, of this Video. Granted, anyone can get on the site and eventually, at their own pace, learn how to use it, but to get a general Comc overview and know-how in a nice, concise and effective video is fantastic! Thank you!
Thank you, man. I really appreciate that, it means a lot.
I agree , best explaining of site. ⭐️ ⭐️⭐️⭐️⭐️
Your videos are very insightful. I appreciate how you just stick to the facts. Thank you!
Never knew what COMC was - thanx for the in detail tutorial Chris. Your presentations are the best!
Thanks a bunch! Was wanting more info on then, ima check them out for sure!
Hi Chris - thank you for your video! One thing that may be important re the chart you shared comparing the 4 selling/consignment options. You listed the total cost to the buyer of a $5 card on ebay, including shipping and tax, at $8.50. I have been selling on ebay almost 6 months now and agree that's pretty accurate. You also noted the fees to the seller - at 15% - to be about 75 cents. At 15%, the seller would pay ebay $1.18. Ebay now charges their % on the TOTAL VALUE of the sale ... they charge the seller a percentage of the total, including shipping and tax. So you had the ebay profit at $4.25 with the cash-out profit of COMC at I think $3.82. Cash-ou for ebay being dinged for total value would be $3.86. LESS than COMC, with the higher fees to buyers AND the extra work to sellers. 15% is a fair average. I pay 13.25% in TV fees. On $8.50, that would be $1.13, for a net on $5 card of $3.87. As you point out, that's my time doing all the listing / shipping work, buying shipping supplies etc. I was shocked that my fee including shipping and tax? Maybe it did not always. Now it does. In dealing with cards worth under $50, COMC just seems like absolutely the best option for partnering to consign on singles. Especially commons. Thanks again for this video and your channel!
Excellent video Chris.I always learn alot from what you share.
Great to see someone show and share personal experiences. It is much appreciated and thank you for shedding light on the hobby and the work that goes into it.
Thank you for saying that
Tremendous video! Very informative, I had no idea about this until now. You make really great videos, very impressive. Thanks 👍👍
Just went back and watched this, 7 months later. great content! Thanks!
Thank you for simplifying everything! Thank you.
Thanks for this info. Very Helpful. Good stuff to know.
Awesome videos and thank you for taking the time out of your day, to provide such great content. I wish you and yours all the best and stay safe out there! Keep those videos coming!
Appreciate the comment, Mike
Very educational and well-explained. Thanks for sharing your knowledge and experience.
Great video. Thanks for creating and sharing.
Thank you Chris for a clear & concise overview of COMC. I have not used them yet, but I'm seriously thinking about it after watching your video. Please make another if you have the time, but emphasize the flipping aspects more in-depth. Imagine if you had several of the Italian goalkeeper prior to a week ago. Then yesterday the Italians win the European Championship Cup & Gianluigi Donnarumma was named the MVP! I didn't look, but his elite cards must be going through the roof today.
Very in-depth, thank you so much!
very helpful,thanks love your buying stories
I was gonna se d cups cards in wn they first started. Ut the way the grading process is ritnow HELLO COMC.IT WAS YR VIDEO KRYSTAL THAT GAVE M.E THE NUDGE I NEEDED.THANKSBUDDY.
Wow your videos are awesome and easy to understand 👍
The one thing that really confused me about COMC when I started out there 6 years ago was the condition names. When you initially ship a vintage card to COMC, it is often listed without a grade, but if you think the card is in great shape, you can submit the card for grading by COMC for a couple of bucks, or to one of the major grading services for a higher price.
COMC allows some of the larger dealers to self-grade cards though, and their grade names may not exactly match COMC's. I can't remember the exact differences but, say, COMC might grade a card "NM-Mint" and a dealer might self-grade as "Near Mint-Mint". So searching for a card by condition is not quite as easy as it could be due to the mismatched grade names. (I emailed COMC for an explanation, and they responded with that information a few days later.)
A couple of tips if you send in cards -- particularly vintage ones -- for the first time: If you send a card in a penny sleeve, make sure the sleeve is new and clean: COMC doesn't remove the card from its sleeve, and their photos reveal every flaw...even if it's a flaw in the sleeve itself. Also, if you're thinking about having COMC grade a card, be ruthless and/or realistic when zooming into their scanned images. If you're not used to grading cards yourself, it's easy to overestimate the condition and waste a couple of bucks merely to have COMC judge it as VG-EX, which depending on the card may not cover the additional grading cost.
On the positive side, COMC did grade several of my 1970's Topps Baseball cards as either "Mint" or "NM-Mint", which has resulted in several selling at a significant premium.
Very very informative ,and well done Chris, thank you so much!
Excellent. Really appreciate this informative video. Thank you!
Verry informative, Thanks for breaking it down. New subscriber.
This is super helpful, even today. Thank you!
Thanks. Very informative and thorough.
Reminds me of Amazon FBA for cards. Really good video!
Been using COMC since 2013. I found them out, only because I live in the Greater Seattle WA area so I heard two MSFT guys started this. Great way to sell low to mid cards. Good source to find deals. Primarily are great for cards thought. I know they've tried to do other products, but cards is where their bread and butter is.
I would love a video on your flipping strategies. Or really just strategies that exist in general for flipping.
Thanks for the awesome content!
Awesome video, learn so much from your videos !!
Excellent video! Thanks for sharing.
GREAT video! Thanks for sharing this, much appreciated
Great video and inspired me to sign up! There seems to be massive advantages particularly for international buyers as previously buying low value cards was prohibitive, now I can buy from multiple sellers to either sell without any postage fees or build up one large order to ship, saving huge international shipping fees. If I keep them on account it also saves import taxes. Thanks again for the video!
Exactly! Very cool to hear that your signing up.
Nice! You convinced me! I'm going to join, sell and buy on there!
Another AWESOME video, Chris! I'm Sold on COMC!
Thanks, be safe, enjoy the States!
As usual a great video. Well done and good info.
Thank you as always Brian!
I used to be like you too.. I wanted total control over all the stuff I wanted to sell, but the time and headaches are just too difficult to manage alone now. Back when eBay was cheap enough to do it yourself, it was okay. But the specialization of COMC is looking more like a viable option to me. At first I saw their eBay listings to be really expensive and thought it would be really hard to sell cards through them. But I think the key is to use your time to do the research in order to know which cards you can sell and then let them do the footwork for you and take the reduction in profit. It's not a bad option at all.
The problem with using COMC is that, if you buy a card to grade then you have to ship it. You aren’t wanting to wait months to build up to 100 cards and save on shipping usually. That all would waste time and then you add the grading time and you are wasting 5-7 months.
This is the best video I've seen on YT in a LONG time ... COMC really needs to have this video on its page explaining ... thanks for this, love this video! ... also, need that Honus Wagner card vid ;)
Always appreciate the comments my man! Just checked out your channel and subscribed, very cool. T206 Wagner video is in the queue, probably not this coming week but most likely the week after that.
@@collectorinvestordealer Im honored and trust me, being a creator I get tons of requests as well and have my ever growing list too ... just know that if you do do it I will be watching! ... now, side note ... I was thinking just yesterday ... if you had a clearing house where a company could hold a card ... a company could then use various real time pricing data(not sure if this can happen) and offer OPTIONS on cards ... the key is the clearning house ... and after watching you COMC video ... I mean, the only hurdle would be the various different grades ... a card would have to be put in a grade container ... and that grade would be a "stock" for which options could be sold on the card ... this company offering options on cards might only do GEM MINTS in the beginning ... I can totally see this happening ... cards become like stocks ... and as with stocks, options can be bought and sold ... Hmmmm
Core Position Trading Similar to that option concept, in theory you could short a card’s value assuming you could locate at the clearing house. Many other issues involved in this as you ostensibly would be selling securities and/or commodities and may need to register with the requisite regulator. I like the way you’re thinking though!
Wow, these are both advanced ideas that I can totally see this happening. Whether it would be good for the hobby or not, I imagine it would be quite popular. The similarities between cards and stocks in 2020 is undeniable. I like the way you're thinking as well!
Core Position Trading & zeebags: Im actually going to include this in my news and notes video tomorrow. If either of you dont want me to for any reason, let me know by late Sunday night and I'll leave it out.
Amazing video!!! COMC it is. I have only bought from them but never sold. It’s about that time.
Great video. I always wondered what this place was. Funny, I use to live in the same city they are located.
Thanks for the eye-opener.
Yo great video answered all my comc questions thanks
Man, comc looks awesome. Thank you for the explanation
I've been buying from them through ebay and they had some rarities at very good prices. And the cards have came looking sharp (so sharp the numbered cards and a Shohei SSP I purchased are going to PSA in the Nov special.).
great job with this video much appreciation for your information.
Very thorough. Thanks
awesome awesome video....recently opened up my loads of cards that i wasnt seen for 22yrs and ben tryna figure out how to sell a lot of them that either i cant afford the grading process or the wait time. The bonus value for me is the ONLY thing you need to do is "set the price" and the hold everything in their warehouse. Only thing i need to ask is how do they accept payment from me for the card i send in and how would i receive my money back if i wanted to cash out some of it/ thanks for the great video. Appreciate it..
Gr8 video and content Chris... Thank you for your input on COMC Cards... I have been considering selling some of my card's and this would be very beneficial to me... Well done man... Stay safe...👍💕🔥⚾😷
Thank you as always Jackie!
I could be wrong but my general feeling is that COMC graders give precedence, or take into greater consideration, the centering of a card overall when ‘grading’ rather than corners. I always seem to find a greater variance in grades of comparable vintage cards where centering seems to be the biggest difference.
This would make sense if I run COMC and the goal is for an increase in purchase decisions being made by buyers. As a buyer on the site, it is far easier to discern the centering when comparing Poor, VG, EX, ‘graded’ cards rather than the quality of corners.
we are trying our best to get the best corners on cards. Not easy when you’re looking at a scanned digital image of a card through a monitor or a phone screen. It’s tough.
Thanks! This was helpful!
Thanks for the great info great video
This channel should have 100 thousand subscribers easily. Chris is awesome
What an amazing channel for information.
It’s almost like you read my mind! I am fairly certain I am ready to send off my first batch to sell.
- Jeremy Setzer
This was a very informative video ty
I told my co-worker about this channel. Come to find out he has a complete set of tops, flair, and upper deck from the years 1983 to 1993. Every baseball card ever made from those companies for those years. And he's selling them for the right price
Very cool!
@@collectorinvestordealer are you interested? He would love to talk to you
Hes not looking to make a fortune its something thats been in his garage for years
Appreciate the offer but its not something I am looking to buy at the moment.
Awesome video! Love ComC!
Good point about shipping and ebay. I live in Canada.and buying cards on Ebay from US sellers can charge insane prices for shipping. Frequently see $12, $15, even over $20 to ship a single card to Canada from the US. This is for a common single card ! Obviously I don't bother buying from these sellers which is a shame because it means I miss out on a large selection of card options. I will check out COMC to buy and sell.
Great video AGAIN!! I’ve been considering COMC or StarStock. Thanks again for making the hobby a little easier to navigate and understand.
Can you help me with my personal life as well??
Haha sure! Happy to help in any way I can :)
Hey Chris, love the channel and don’t miss a video. Thanks for what you do. I have a quick question about COMC. When you submit cards to them do you recommend sending them in top loaders? I have a ton of cards in the $2 to $12 range that I don’t really want to fool with and they are just taking up space. They are already penny sleeved and top loaded so it would be more of a hassle to take them out of the top loaders if it’s not recommended send them top loaded. Thanks in advance for your help.
I always just submit my cards in penny sleeves. That is what their site recommends, although I dont think there is a problem submitting in top loaders.
@@collectorinvestordealer Ok, thank you.
Just signed up. Thank you.
Great explanation and video Chris. I'm still learning on COMC but it takes time like you said. Can you clarify the storage fees, on a next videos ? Thanks
Thanks!
The storage fees are 1 cent per card per month, but the first 3 months are free. And it only applies to cards listed at 75 cents or higher (under 75 cents have no storage fee).
So, if you ship them a card, and it sells one year later, you will pay them 9 cents in storage fees for that card.
@@collectorinvestordealer Thank you Chris.
🔥🔥🔥 love your videos
Love the way you break it down bro
Thank you!
Liked! Best COMC video I've found thus far! If you purchase now instead of purchase and relist. Are you then able to sell the cards you've obtained under inventory manager?
Thanks! Yes, if you "purchase now", you can go into your inventory manager at any time and set the price to sell it.
Wonderfully done and thourough thank you ! Have been on Comc for a few weeks now and want to send in a bunch of cards to them and this really helped as their site doesn't really explain the deal.
What I want to know is say for example I send in 3 Luka Prizm Raw RC's . All the same and in great condition. On there for sale now is EX to NM for $370, Near MT to MT $1152.00 and Gem mint $2450.00 I am NOT a professional grader and if I'm looking at ea card and corners are clean etc, thats a big decision to be wrong on if I went to sell on Ebay and just having to list as Raw where Comc actually qualifies each raw card.
I don't have a whole lot of VTG so I would hope their grades are accurate for what I would be sending..
Thats a great and important question, and the truth is Im not really sure. Giving a more detailed condition grade for modern is something they only recently started doing (and only on high dollar key cards I believe), so I don't know how accurate they are with it. You're right, thats an important distinction...
I've been a follower since day one krystal
Super helpful and I’m into Marvel cards. Thanks!
Thank you so much for your videos. After 25 years away from collecting a came back 1 year ago buying baseball cards. Your videos are so informative without talking down to people. I'm more collector than investor/flipper. That said I still have want to save money. Would it be a good idea to use COMC to sell base cards and inserts of star players along with rookie cards of lesser brands, (Gypsy Quenn, Heritage) to get some of the money back that I spend on hobby and retail boxes. Thanks again for the great videos.
Very cool to hear you've come back to the hobby! In my opinion, yes, COMC is perfect for that. I would just make sure the cards you send in are at least fetching in the $1.50 and up range or so, otherwise its probably not be worth it.
4:13 I've spent almost $300 on shipping this month. As we say in Australia, "Not happy Jan". And we the Irish don't like it either, but yeah, if only they had one of those storage warehouses for MTG cards, etched specifically.
Amazing video, thank you so much.
Not sure if maybe I missed this in the video (if I did, then apologies for asking), but when you submit to COMC, do you place each card in both a penny sleeve and top loader?
Thanks again and keep up the great content!
I personally just ship all the cards in penny sleeves, just making sure the cards are packed tight within a standard card box.
Great video!
I am in Canada. I buy cards off EBAY and have them shipped directly to COMC with my username. They get uploaded fast never had an issue. Then I flip them through COMC usually 1-2 years later when the prices go up. Obviously gotta figure out which cards are good value to make it work, but I vouch for COMC.
Thanks for this video 💥
Great info. If I buy a card on COMC and selected purchase now am I able to relist it later instead of asking it to be shipped. Thanks
Yes, it goes into your account, and you can just leave it there as long as you want and at any time can list it for sale at any price.
Have you done a video on organization? I'd love to know how you handle different groups of cards like grading candidates, retired possible hall of famers, etc.
I havent yet but thats a good idea for a video, Ill consider that
@@collectorinvestordealer Thanks for considering...price fluctuations have me constantly reevaluating what's a candidate and what's not...very time-consuming. Thanks again!
Very informative, ty!
Great info pal.
Refering back to your chart at 14:40 what are people paying and receiving on Starstock?
Is there a time to expire a time that cards can sit on their shelf. What if you want your cards back. Im sure the 50cents per card is gone but is it just shipping fees
Very well thought out video, thank you. Doesn’t comc charge storage fee’s for your cards?
You're right, they do, although its very minimal. The first 90 days a card is in your possession in their warehouse, it is free. After that, they charge 1 cent per month per card. So if you shipped them a card, and you sold it one year later, they would take 9 cents storage fee for that card.
Wow, fascinating! I've purchased cards from them listed on ebay... but never understood this side of their business. Very interesting. You mentioned you sell cards in the $2-20 range, is there a reason you're hesitant to list higher end cards on COMC?
Appreciate that. Yeah I would point people away from buying through them on ebay, and say just buy off t heir website (same exact card will be cheaper and you will own it instantly, as opposed to wait to receive it in the mail).
I actually have no hesitation sending them higher dollar cards (and do so here and there). But I usually just sell higher dollar cards myself.
very helpful, thanks
I wish that they had the option to write a comment when making an offer. I just received my first order that I had shipped to Australia. Purchase date mid-April Arrival date mid-September. For the most part, the quality of the cards was good and the shipping materials were very good, and all the cards had penny sleeves. The time to prepare a shipment for the cheaper shipping options is extreme though.
Agreed on both fronts. The current shipping time for the cheaper options is extreme. I have to imagine that will slowly get back to normal levels. And being able to leave a comment when you make an offer would be a nice feature for them to add.
A really informative video. I have my very first batch of cards at COMC. Waiting for them to show up for me to price. This video only increased my excitement to try this service out. Quick question. I have heard a number of times from a few different sources that COMC works best for less expensive cards. What is the concern with putting more expensive cards on COMC, like $500 or $1,000+ cards? Thanks once again for your time.
Appreciate it and congrats on your first batch! COMC is totally fine for more expensive cards. But since shipping becomes less of an issue the more expensive your card is, it sort of loses its advantage over ebay. A lot of dealers still prefer to sell higher dollar cards on ebay, as they can give personal descriptions, etc.
@@collectorinvestordealer Ahh, that makes a lot of sense. So sounds like if really don't want to fool around with listing your own cards on your own e-bay account and also since I am a non-dealer, you could turn to an e-bay consigner like Gregmorris for example. and have them sell your higher end vintage cards for you. Not selling my collection but selling off duplicates to fund purchasing of other cards and some will be higher end. As an aside, I have spent the last 3 hours today going to the Chris Virtual School for Baseball Card Collecting. Still have many courses to go ! You just don't know how helpful your videos have been. Collected as child/teen/early twenties and now back at it in my 50's :) Thanks again !!
Turning to an ebay consignor to sell your high end vintage is certainly an option. I don't know Gregmorris from personal experience but they have a very good reputation and from what I've seen, they get pretty strong prices. I would check their fees vs other consignors and COMC. Very cool to hear that your enjoying the videos and welcome back to the hobby!
Great video
I’m just not sure about one thing.....What cards can you send in? Any? Stars and/or rookies? Certain brands? I’m new to this but the video is awesome and very informative. Thanks so much.
You can send them basically any card. Stars, rookies, inserts, vintage commons, whatever. There are a few things you shouldnt send them.... heres the link to their supported cards description:
blog.comc.com/comc-supported-trading-cards/
good info. thanks bro
This is ingenious I'm sending then all do you advice me to do so?
What does the blue / green price tag mean? Thanks.
Nice job about comc 👍👍
Thank you, really appreciate that.