[rwperu34]

Originally Posted by mmier118

I think I've read most of this thread and I'm a little curious of "why is this time different from the last time sports cards exploded?" I can remember back in 1990 people were viewing them as investments, everything was flying off the shelf, Costco was selling out of pallets of cards. Cards were pretty much mainstream. Now instead of buying a block of 100 Gregg Jeffries, you buy 1 tatis gold refractor, but it's pretty much the same thing. Grading is a thing now and social media plays a part, but it seems weird that a card can sell for $50,000 in psa 10 and $30 in raw form that would most likely grade a 7. That is a weird investor thing that's going on and I don't think long term the investor money sticks around. I don't know if we are in the 1988 part of the card market or if it's closer to 1992, but I do think that once prices start to go down a lot of people will lose interest and prices will go down more. Kind of the opposite of right now, where since prices are going up people don't hesitate to spend the price of a nice used car on a sports card.

I hope the market can stay strong for many years, but I would love to hear why this is a structural change in cards to an investment vehicle like stocks vs. A cyclical change based on a lot of 40 year olds, with a lot of extra time and money due to covid. I personally think it's the later, but I think it's worth discussing because I am usually wrong lol.

One big difference is eBay already exists so there's no shock coming of how much stuff is out there.