GO TO THE CARD SHOW
WITH A PLAN

THE LYONS EDGE • ROADSHOW • ARIZONA • CARD SHOW

GO TO THE CARD SHOW
WITH A PLAN

The discipline is keeping that excitement inside a plan.

By Tom Lyons
By Tom LyonsFounder, Lyons Cards • Revenue Management & Pricing Strategy

September 2026 • 8 min read + 5 min video • The Lyons Edge

Start with your targets and your budget

In my opening video, I named what I was looking for: National Treasures, Flawless, and selected cards from the new Topps Flagship Football release. Numbered cards, autographs, and distinctive hits were on the list, including Island Ink.

National Treasures is a particular favorite when we are working a show. We also look at Flawless and Exquisite when the card itself earns a closer look. The appeal is an identifiable piece with a reason for collectors to want it: the player, a limited edition, a signature, meaningful memorabilia, or a combination of those features.

Our goal is scarcity. I am looking for something that stands apart from a base card with a very large supply. But a premium brand name is the start of the evaluation. It does not finish it. Two cards from the same product can have very different demand, condition, and resale prospects.

My next stop was Chase to get cash. I also talked about keeping a reserve for an unexpected find. That reserve belongs inside the total budget. It is money set aside for flexibility, not permission to spend without a limit.

The notebook matters for the same reason. Record the exact card, asking price, your offer, and why it fits the plan. If a seller comes back with a counteroffer, you should be able to remember your reasoning without starting over in the excitement of the moment.

Why I sometimes arrive around midday

After the bank stop, I explained a preference that may surprise collectors who want to be first through the door: I often like arriving around midday.

There is a trade-off. Early buyers may get the first look at inventory. By midday, the first rush can ease and I can concentrate on the cases and conversations. If I already know some of the vendors and their inventory, that can help me use the time well.

This is a preference, not a universal rule about getting lower prices. Some cards will already be gone. Some sellers will have no reason to negotiate. The useful question is which arrival time supports the way you intend to shop.


Before going inside, I recorded the point that connects the whole visit to our pricing work: liquidity windows can work for the buyer and the seller. A seller may want cash now. A buyer may be prepared to hold the card longer or reach a different audience. A transaction can make sense for both people when those needs meet.

At the table with Mike

One of the conversations on the floor was with a dealer named Mike. We discussed Ken Griffey Jr., and Mike clarified that the card we were discussing came from a factory set. That small correction is exactly why I like asking questions in person. Details about the issue and its origin matter.

Then we turned to the Jerry Rice Exquisite Signature Jersey Numbers card. My photograph shows the signature, two jersey-number windows, and an edition numbered to 80. The display carried an $875 asking-price sticker and a separate handwritten label reading “Game Worn.”

That is the kind of card that makes me stop. It combines an established player with a specific limited edition and a visually distinctive design. It also gives us a useful pricing lesson: the sticker is an asking price. It does not establish the completed sale price or what another collector will pay.

The memorabilia description deserves the same care. A dealer label is a starting point for a conversation. When evaluating a memorabilia card, read the manufacturer’s wording on the back. Game-used, player-worn, and material not tied to a particular game or event are different descriptions. The exact wording belongs in the evaluation.

With a raw card, I also want to see corners, edges, surface, and centering. A case and a protective sleeve can hide damage as well as protect the card. A possible high grade is not the same as a grade already earned.

The photographed Rice card is numbered to 80. The $875 sticker is the displayed asking price; the handwritten memorabilia label is the seller’s description.

The photographed Rice card is numbered to 80. The $875 sticker is the displayed asking price; the handwritten memorabilia label is the seller’s description.

What I paid

I bought the Jerry Rice card for $600. Against the $875 displayed asking price, that was a $275 reduction, or about 31.4 percent. The Josh Jacobs purchase was $350, and my recorded total for the full trade-show haul was $1,320.

WHAT I PAID AT THE SHOW

$875DISPLAYED ASKING PRICE ON THE RICE
$600WHAT I PAID FOR THE RICE
$275BELOW ASKING, ABOUT 31.4%
$1,320FULL TRADE-SHOW HAUL

The sticker is an asking price. The $275 is a discount from the ask, not a profit. The haul total is separate from the RIP Valley purchases.

The conversation after the deal

In the next clip, I tell Mike that we have completed a deal and ask him about Joe Montana. Mike shares his recollection of meeting Montana in 1981 and describes cards and signed memorabilia he treasures. A transaction turns into a conversation about a life spent collecting.

We also discuss a Tom Brady card that Mike remembers rising substantially and then falling back. I am treating that as Mike’s account of his experience, rather than a fresh appraisal of an identified card. His point is useful without turning a remembered price into a current comp: even a major player’s desirable card can decline.

At another table, I introduce Matthew and mention finding a card for my buddy Mitch. We talk about National Treasures, Flawless, and the condition of a raw card. That encounter brings the inspection process back into the story. Optimism about what a card might grade needs to stay separate from what it is worth in its present condition.

The final show clip is a quick look at the cards laid out after the visit. That is where the next stage starts: recording each purchase and revisiting the reason I bought it. The buying plan should still make sense once the excitement of the show has worn off.

What the other cases can teach you

The photographs also capture a Stephen Curry Storm the Castle card with a $75 sticker identifying a blue version numbered to 199, and a Trey McBride autograph with a $20 sticker. Those are observations from the cases, not a claim that I purchased every card shown.

Different price levels can all deserve research. A relatively inexpensive autograph can still be a poor buy if there is little demand. A more expensive, distinctive card can make sense if the exact version, condition, and price support the decision. I want to know what is competing with it and what collectors are actually buying.

For a useful comparison, match the player, year, product, card number, parallel, serial-number limit, autograph or memorabilia type, and condition. With graded cards, match the grading company and grade. A sale of another version is context; it is not automatically a direct comp.

Then look beyond a single transaction. How many comparable copies are currently offered? How often do matching copies sell? Are sellers reducing their prices? Is the apparent demand spread across many cards, or concentrated in one particularly desirable issue?

Local inventory is an opportunity to investigate

Shopping in Arizona gives me access to inventory and conversations I would not necessarily encounter in St. Louis. That is a reason to explore regional shows. It is not proof that a local player’s cards will be cheap.

More local supply can create competition among sellers. Strong local fandom can also create more buyers and firmer prices. You have to look at both sides. If a card appears inexpensive locally, compare it with genuinely matching completed sales and account for selling fees and the time it may take to find the next buyer.

A mixed coin-and-card show also puts different collecting interests in one room. Ask sellers what they specialize in and what they are trying to move. Do not assume a coin dealer is uninformed about cards or that every estate lot contains a bargain. The opportunity comes from the specific inventory and terms.

Scarcity has to meet demand

A card numbered to 80 has a stated limit for that particular version. That tells us something useful. It does not tell us how many collectors currently want it, how many owners would sell, or how many alternative versions can satisfy the same buyer.

I use a liquidity window to describe a period when the relationship between buyers and available supply may improve the opportunity to sell. Liquidity velocity adds the time question: how quickly do cards actually turn into cash at realistic prices?

Those ideas also matter when buying. A discount can disappear if I tie up money too long or have to cut the resale price. A card can be rare and slow-moving at the same time. The buying plan needs to recognize both.

The people belong in the story too

The Arizona trip also included time with my good friend Reggie Sanders during the Diamondbacks’ 25th-anniversary celebration of their 2001 World Series championship. That photograph belongs to the wider trip, separate from the card-table transactions.

It is a reminder of why these pieces of cardboard matter to people. There are players, memories, friendships, and championship teams behind the pictures. Reggie, Randy Johnson, Curt Schilling, and that Diamondbacks-Yankees series deserve a future article of their own, with the card research to match.

With my good friend Reggie Sanders during the Arizona trip and the Diamondbacks’ championship-anniversary celebration.

With my good friend Reggie Sanders during the Arizona trip and the Diamondbacks’ championship-anniversary celebration.

TOM LYONS

ABOUT THE AUTHOR

TOM LYONS | FOUNDER, LYONS CARDS

MEET TOM →

Tom Lyons is a longtime revenue-management executive and entrepreneur whose career has spanned hospitality, entertainment and ticketing, vacation rentals, technology, healthcare and sports collectibles. A recipient of major Hilton, hospitality and vacation-rental revenue-management recognition, Lyons has also appeared on industry podcasts and executive pricing roundtables. Through Lyons Market Lab, he applies those same principles to sports-card pricing, inventory and capital allocation.

YOUR CARDS ARE ASSETS. MANAGE THEM THAT WAY.

FROM MARKET INTELLIGENCE TO PORTFOLIO STRATEGY

YOUR CARDS ARE ASSETS. MANAGE THEM THAT WAY.

Revenue-management discipline applied to individual cards and collections, evaluating when to sell, hold, grade, take live, watch or pass.

SELL • HOLD • GRADE • LIVE • WATCH • PASS