@bcrypt Most SDR platforms (except for special-purpose RFID ones like RFIDler or Proxmark) can't operate down to 125 kHz, but HackRF One can sniff it at close range with a loop of wire connected to the antenna port.
https://www.youtube.com/watch?v=repgaohMfIA
Also it is possible to use a sound card plus a couple components on a breadboard, but I still haven't finished that article. :-)
@mot @bcrypt There is this ancient blog post about sound card LF RFID hacking that partially overlaps the article I have in the works:
http://ossmann.blogspot.com/2009/07/toorcamp-badge-hacking.html
@mossmann ty!!