📈Is the correction over? What cards look attractive with an upside potential?📈

[nabzy28]

I bought hardly anything from early '20 to about 6 or 8 months ago. I have, recently, began to pick up things again. Nearly all exclusively at auction. The sheer glut of cards dumped into the market as the bag holders pack up and leave is additional downward pressure on ending prices.

[hermanotarjeta]

Originally Posted by solt0131

Sports card radio did a live 1 hour video tonight on the crash. It’s 100 percent real. Lots of guys are going to be in some tough waters going forward.

It took people over two years and a video by an influencer to finally realize the crash is coming?

[LondonGames]

cards are literally dead now.

[LondonGames]

seeing a josh allen NT rpa /25 last night end for under 6k, when that was one of the biggest cards in the market period- kinda puts into perspective how low the ceiling for cards is now.

still a few guys playing the 1k-10k per card game but the 10-100k per card game seems well enough over.

[nabzy28]

Originally Posted by hermanotarjeta

It took people over two years and a video by an influencer to finally realize the crash is coming?

There were people in chat throwing out names of players they were sure had not experienced any drop... only to be shown a graph with a 70%+ decline. There are still many that are very disconnected from the reality of the card market.

[h00perstar34]

Originally Posted by KhalDrogo

The supply for 90s inserts of players outside of Kobe and MJ is just terrible. Very challenging putting together some of these sets. Prices remain pretty strong because of that.

because basketball (specifically 90s) has actual player collectors and late 90s was the golden era of modern sportscards. They’ll be the safest buys during the downswings. In 2060 when we’re all decrepit we’ll all want the rare Kobe’s, MJs, even dare I say Lebrons. Even the second tier guys people have nostalgia for, or collect.

All that Burrow, Herbert, Allen, Tua, Tlaw, Hurts, Purdy money will be a ghost town in 5 years, let alone 35 years.


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[nabzy28]

Originally Posted by h00perstar34

because basketball (specifically 90s) has actual player collectors and late 90s was the golden era of modern sportscards. They’ll be the safest buys during the downswings. In 2060 when we’re all decrepit we’ll all want the rare Kobe’s, MJs, even dare I say Lebrons. Even the second tier guys people have nostalgia for, or collect.

All that Burrow, Herbert, Allen, Tua, Tlaw, Hurts, Purdy money will be a ghost town in 5 years, let alone 35 years.


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I collect football nearly exclusively and, this right here, is about 100% more truth than most football clectors can handle. I do not own a single card of any guy in that list.

[solt0131]

Originally Posted by LondonGames

cards are literally dead now.

Not even close to dead. There will still be a ton buying into breaks and a ton of people setting up and going to shows. There will just be less and less money changing hands though and it will be tougher to make money going forward.

[KhalDrogo]

Originally Posted by h00perstar34

because basketball (specifically 90s) has actual player collectors and late 90s was the golden era of modern sportscards. They’ll be the safest buys during the downswings. In 2060 when we’re all decrepit we’ll all want the rare Kobe’s, MJs, even dare I say Lebrons. Even the second tier guys people have nostalgia for, or collect.

All that Burrow, Herbert, Allen, Tua, Tlaw, Hurts, Purdy money will be a ghost town in 5 years, let alone 35 years.

Less of an issue of player collectors, and more of an issue of cards being lost forever. How many Lou Vaught collectors am I going to have to fight with to build my 1996 Ultra Scoring Kings set?

[h00perstar34]

Originally Posted by KhalDrogo

Less of an issue of player collectors, and more of an issue of cards being lost forever. How many Lou Vaught collectors am I going to have to fight with to build my 1996 Ultra Scoring Kings set?

Should be easier to find loy Vaught than Mahmoud Abdul rauf, Detlef, Kukoc, etc but I get what you’re saying. They’re probably in random 25 cent to few dollar bins or sitting in storage units, or in widows houses.


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[dirtywax]

Great time to be a buyer/collector.

[LondonGames]

Originally Posted by solt0131

This has to be absolutely one of the worst times in the hobby to be buying cards $50 and up. I don't care what percentage you are buying at.

Originally Posted by solt0131

Sports card radio did a live 1 hour video tonight on the crash. It’s 100 percent real. Lots of guys are going to be in some tough waters going forward.

Originally Posted by solt0131

There is going to come a time for contraction at these shows eventually I believe.....starting to get too many dealers in the room

.... but at the same time...

Originally Posted by solt0131

Not even close to dead. There will still be a ton buying into breaks and a ton of people setting up and going to shows. There will just be less and less money changing hands though and it will be tougher to make money going forward.

so you agree, but just like to argue stupid semantics.

great. well done playing both sides of the fence.

[dunkindutchmen]

Originally Posted by LondonGames

seeing a josh allen NT rpa /25 last night end for under 6k, when that was one of the biggest cards in the market period- kinda puts into perspective how low the ceiling for cards is now.

still a few guys playing the 1k-10k per card game but the 10-100k per card game seems well enough over.

Jalen Green RPA /99 just did $6300. Haliburton RPA $7800. Booker BGS 9.5 RPA just did $15k+.... still an absolute ton of money still in the market.

[1980bust]

How is it even possible that there's people seemingly just having the realisation in late 2023 that prices aren't what they were in 2021?

These threads never fail to degenerate into everybody's takes on monetary theory in a cardboard context, but posting about SCI claiming cards aren't an investment as if it's some kind of revelation is just... sad at this point.

If you're scared of further drops, sell your cards now then. If you're PC building, it's better right now than it's been in years. So what are we all so mad about?

[drobfan8]

Originally Posted by LondonGames

cards are literally dead now.

Horrendous take. I have been shocked at how many new Australian collectors there are. Never seen this much interest.

true collectors aren't going anywhere. People are just being careful with what they buy.

Originally Posted by solt0131

Not even close to dead. There will still be a ton buying into breaks and a ton of people setting up and going to shows. There will just be less and less money changing hands though and it will be tougher to make money going forward.

Yep, agreed. $1k plus cards are everywhere and will probably be the hardest to sell.

Originally Posted by dirtywax

Great time to be a buyer/collector.

Agreed, loving it. It's great to see some cards I actually didn't even think would be up for sale for a long while hit the market.

Originally Posted by dunkindutchmen

Jalen Green RPA /99 just did $6300. Haliburton RPA $7800. Booker BGS 9.5 RPA just did $15k+.... still an absolute ton of money still in the market.

These kind of buys are scary. but we forget that some people are fans and not investors. Still, I'd be scared paying this kind of money for anyone bar MJ, Kobe or Bron. Ok and Tim Duncan/David Robinson and I'll add in Luka because I'm confident he is God.

[anusinha]

So what cards have actually gone up the most since 2021? Aside from some no name RC that went from $2 to $20, what is the biggest most popular card that has actually done well?

[hermanotarjeta]

Originally Posted by anusinha

So what cards have actually gone up the most since 2021? Aside from some no name RC that went from $2 to $20, what is the biggest most popular card that has actually done well?

Exquisite flashback jordan.

I haven't seen one for sale in a few years.

[cms11]

Jalen Green RPA /99 just did $6300.

Some people deserve to lose their money.

[KhalDrogo]

Originally Posted by hermanotarjeta

Exquisite flashback jordan.

I haven't seen one for sale in a few years.

Three sold in 2022 and 2023. $133k to $85k from the 2021 peak to the last sale.

[KhalDrogo]

I would guess the Jokic 10 NT auto is the best performer from 2021 to now.

PSA 10: 9k to 35k
BGS 9.5: 6.7k to 9.5k (2022)
PSA 9: 4.8k to 13k

[MJGOAT23]

Originally Posted by nabzy28

I bought hardly anything from early '20 to about 6 or 8 months ago. I have, recently, began to pick up things again. Nearly all exclusively at auction. The sheer glut of cards dumped into the market as the bag holders pack up and leave is additional downward pressure on ending prices.

definitely seen some of this. It used to be pretty safe to start almost anything at .99 and it'd land somewhere near market comps but I've had and seen certain cards and lots, while nothing special (value $5-$20), get no bids or just one .99 bid and that's it. Although randomly those same lots will sell for higher than what I had at BIN on subsequent auctions so it's really a matter of hoping the right people see it and bid that week. It all speaks to the larger point though..there is just so much available.

[hermanotarjeta]

Originally Posted by KhalDrogo

Three sold in 2022 and 2023. $133k to $85k from the 2021 peak to the last sale.

Dang, I didn’t realize one cracked six figures!

[gomiamigo]

I can tell you Philly fans will always be collecting Hurts, the SB appearance already, his toughness and attitude in this blue-collar town, a winning personality, his commitment to the team unlike a prior QB I could name....yeah, we're not forgetting about him lmao.

[cms11]

Originally Posted by MJGOAT23

definitely seen some of this. It used to be pretty safe to start almost anything at .99 and it'd land somewhere near market comps but I've had and seen certain cards and lots, while nothing special (value $5-$20), get no bids or just one .99 bid and that's it. Although randomly those same lots will sell for higher than what I had at BIN on subsequent auctions so it's really a matter of hoping the right people see it and bid that week. It all speaks to the larger point though..there is just so much available.

Exactly. Even cards numbered over 100 are a dime a dozen these days.

[imbluestreak23]

Originally Posted by 1980bust

How is it even possible that there's people seemingly just having the realisation in late 2023 that prices aren't what they were in 2021?

These threads never fail to degenerate into everybody's takes on monetary theory in a cardboard context, but posting about SCI claiming cards aren't an investment as if it's some kind of revelation is just... sad at this point.

If you're scared of further drops, sell your cards now then. If you're PC building, it's better right now than it's been in years. So what are we all so mad about?

Yeah this is scary. Just shows how much people follow the "influencers" rather than use their own noggin. The following words trigger me to automatically tune out the person out saying them: NFTs, Crypto, Sports cards in the context of investing. It shows some weird constellation of character traits resembling a mix of ignorance/arrogance/immaturity, and I have no desire to entertain ideas from people like that.

One of my more popular videos in 2020 as cards were blowing up was about why you should never invest in sports cards. Since that time, SCIs channel has 10x'd by purporting the philosophy that sports cards are indeed investment vehicles, while also pumping NFTs, losing hundreds of thousands (millions?) from his so called investments, at least from those that have been tracked.

So does the brochacho change his name now or naw? sportscardcollector?