Trading Card Instant Buyout

A business that provides instant liquidity for trading card collections by offering immediate buyouts, similar to how OpenDoor works for houses. The model focuses on making it easy for people to monetize their unused trading card collections.

Key Points:

• Core Offering:

  • Instant buyouts of trading card collections
  • Pay 70 cents on the dollar of assessed value
  • Target people with cards sitting unused in attics/storage

• Process:

  • Customer mails all cards in a shoebox
  • Company evaluates the collection
  • Makes immediate payment offer
  • Will return cards if offer not accepted

• Value Proposition:

  • Handles all the work of:
    • Figuring out card values
    • Getting cards graded
    • PSA submission process
  • Converts zero current value into immediate cash
  • No effort required from seller

• Market Opportunity:

  • Large volume of unused trading cards
  • Many owners don't know their cards' worth
  • Cards often sitting idle without being monetized
  • Targets the "long tail" of trading card collections

This follows the "OpenDoor for X" model where instant liquidity is provided for traditionally illiquid assets, taking a margin on the spread between buy and sell prices.