With the growth of sports cards as an alternative investment, Alt provides a platform for people to buy and sell sports/trading cards conveniently with the lowest fees in the industry and give owners of high-end cards the ability to do more with their assets. Our goal is to increase the liquidity of alternative assets and solve many of the friction points in the hobby with tech-based solutions.
To begin the process of sending your asset to the Vault:
Option 1: Generate shipping label through Alt
Provide your address to let us know where your cards are coming from to create a shipping label for you. Unfortunately, we currently only support label generation for US addresses.
Optional: Include shipping insurance. Insure your package for coverage up to $10,000 ($100 minimum). The cost of shipping insurance is 1% of the coverage amount you specify and will be included in each shipping rate option.
Select a shipping option - Customers are responsible for all shipping and insurance fees associated with sending cards to Alt. The shipping charges will appear on your account statement.
Option 2: Ship my cards myself
Shipping and Vault Intake Fee -
You can Vault any raw or graded cards with Alt for a one-time fee of $5 per card, which includes digitization, storage, and insurance. Please note this fee can only be paid with funds from your Alt Account. We currently do not accept any other payment methods.
Due to the prevalence of raw cards being sent as "filler cards", the Vault team will not hold raw cards indefinitely. To avoid erroneous fees being charged, Alt will reach out to customers directly if large amounts of raw cards are addressed to a Customer's Vault. Raw cards that arrive at the Vault will be disposed of if Alt does not hear from a customer in a 2 week period once they've been contacted.
At this time, Alt is waiving fees on all cards deemed to be "Investment Grade,” which is defined by having an Alt Value of at least $100, OR a grade of 8 or higher from PSA, BGS, or SGC. There are no ongoing storage fees, and you can outtake your cards anytime.
If Alt has not received payment after 7 days of any incurred balance, a late fee of 1.5% of the total outstanding account balance will be applied to the Alt account. Should an account be suspended due to non-payment, an additional reinstatement fee of 8.5% of the total outstanding account balance will be applied and due upon account reinstatement.
If there are any questions or disputes, you can email firstname.lastname@example.org.
When Alt receives your package, we use the (#VaultID) to match your account and process your items. We will process your items within 3 business days after the day we receive them (i.e., next-day processing), and we will send a confirmation email once completed.
When you send your cards to the Vault, they will be professionally photographed, valued, and automatically uploaded to your portfolio. Everything in the Vault is fully insured, and once your items are processed, you will be able to create a listing for each item if wished. (Only PSA, BGS, and SGC graded cards can be sold on Exchange; Alt will only store all other cards at this time.) There is a one-time $5 per card fee for any non-investment grade cards.
How are the selling prices determined for cards on Exchange?
Sellers have full control over both the listing type and price for their cards. To sell a card on Alt, it needs to be graded by PSA, BGS, or SGC and sent to our Vault first. From there it will be professionally photographed, valued, automatically uploaded to your portfolio, and you will be able to create a listing. Cards can be listed as a 'Buy it now,' while accepting offers. Alt will notify the seller of all offers that meet or exceed 50% of the list price.
Customers are responsible for all insurance coverage for packages sent to the Vault. This can be done through a shipping carrier or a personal policy.
To insure your cards while shipping them to the Vault, you can create a shipping label on our website and select shipping insurance up to $10,000. For additional insurance coverage beyond $10,000, we advise our customers with high-value cards to ship to the Vault while utilizing a personal policy. Alt recommends WAX Insurance for personal policies. Using their mobile app (iOS or Android), enter the referral code: ALTWAX to get started.
For any questions, please contact support through the messenger located in the corner of your browser or reach out to email@example.com.