Last years huge card BOOM. Officially Over?

SearchPatrol · 10-17-2021, 12:33 PM

Most cards seem to have given back most, if not all, of the gains. 3 questions

1) Is it Over? (the Boom)

2) Will we ever see another run like that again?

3) Is the correction over?

MoreToppsPlease · 10-17-2021, 12:37 PM

Waiting for all the moon bois…

Don’t forget to take into account the inflation surge…

Topcat79 · 10-17-2021, 12:38 PM

I don’t think it’s over. As governments continue to print money like it’s going out of style, people turn to hard assets. I think cards fall under that category of investment and won’t go away anytime soon. So while we had a correction, I think it’s a temporary one.

blackbears86 · 10-17-2021, 12:41 PM

Is the boom over for quality graded players, limited numbered cards? Nope.

is the boom over for common, over produced releases? I think it's getting there.

GMRide27 · 10-17-2021, 12:56 PM

Sho-tani???

Frankp2311 · 10-17-2021, 12:58 PM

I still see boxes of Donruss and Score at $500+ so how could it be over??

Stech36 · 10-17-2021, 12:58 PM

Card prices are not even close to where they were in 2019. Maybe base is getting closer, but not the better stuff.

Also, baseball is almost over. Prices always get soft for baseball in the fall.

boxbuster7 · 10-17-2021, 01:02 PM

Wax prices come down to match how much card prices have dropped in the last year, there is a chance we see a rebound. Retail getting marked up hurt IMO and hobby prices are out of control considering how soft the market is right now.

ScooterMcRibs · 10-17-2021, 01:03 PM

Investing in sports cards right now is like buying Bitcoin back in 2010. We have gone up from last year but there are still incredible growth opportunities in this asset class. Prices may fluctuate somewhat in the very short term, but the long-term chart leads nowhere but up for the next 8-10 years. There is no slowdown in sight until 2030 at earliest.

DiegsHobby · 10-17-2021, 01:04 PM

I'd say a combination of baseball offseason and people in general getting out more (spending more on non-cards) has brought us to the current lows, but preseason should be great as always.

I'm not sure about other sports, but my small circle is focusing heavily on vacations/holidays etc. and I figure that's a common sentiment worldwide.

Sent from my SM-G970U using Tapatalk

ucLAkers · 10-17-2021, 01:05 PM

My belief….

eBay’s new “graded card” algorithm has destroyed the raw card sales….
Good luck selling raw unless your store is loaded with back listings-that already had/has watchers.

hotcalsun · 10-17-2021, 01:10 PM

Quote:

Originally Posted by DiegsHobby

I'd say a combination of baseball offseason and people in general getting out more (spending more on non-cards) has brought us to the current lows, but preseason should be great as always.

I'm not sure about other sports, but my small circle is focusing heavily on vacations/holidays etc. and I figure that's a common sentiment worldwide.

Sent from my SM-G970U using Tapatalk

At least for baseball, I think there will be continued uncertainty until a labor agreement is reach, if it is reached before a lockout. Some people may shrug if it goes past December 1st as expected, but if it drags into 2022 and Spring Training, could see some real issues in normally frothy pre-season market.

tconte · 10-17-2021, 01:30 PM

I got to believe with the Wander RC coming out everyone will rush to buy the next gold wave shimmer opening day refractor special numbered and limited to a few. I mean there has
got to be an unlimited number of those limited crap.....err...I mean cards that everyone
can invest for the long term, say a couple months. Cards to cherish. Then don't forget
you will have the option to buy the legible autos too.

rngrdanny22 · 10-17-2021, 01:37 PM

The 2021 rookie class did not help anything.

Friars · 10-17-2021, 01:51 PM

The lcs in my area are pricing 2021 chrome like we are right in the middle of last years boom, only problem is there are no marquee rookies to go after, with the huge price increase and not so sought after rookies its hard to imagine the draw continues.

Sent from my SM-G960U1 using Tapatalk

Friars · 10-17-2021, 01:54 PM

Quote:

Originally Posted by ucLAkers

My belief….

eBay’s new “graded card” algorithm has destroyed the raw card sales….
Good luck selling raw unless your store is loaded with back listings-that already had/has watchers.

None of my raws are selling, and I'm not in it for profit. Rarely get more than 1 view. When you can buy a slabbed version for 8-12 dollars i dont blame people for not showing interest.

Sent from my SM-G960U1 using Tapatalk

Friars · 10-17-2021, 01:56 PM

Quick search just now for slabs sold under 20 bucks.

Its as if the slab is worth more without an actual card in it lol.

Can't say many of you didn't see this coming, the winners are psa and breakers. Everyone else lost in the boom.

Sent from my SM-G960U1 using Tapatalk

Arazi4442 · 10-17-2021, 01:56 PM

Quote:

Originally Posted by SearchPatrol

Most cards seem to have given back most, if not all, of the gains. 3 questions

1) Is it Over? (the Boom)

2) Will we ever see another run like that again?

3) Is the correction over?

Yes

Yes

No

Friars · 10-17-2021, 01:57 PM

That sub 20 dollar psa "sold" list is very very long.

Sent from my SM-G960U1 using Tapatalk

Cavaliercards · 10-17-2021, 01:58 PM

Yes it’s a dip from where we were a year ago but it’s a massive increase from 2020. If you bought at peak you are down but there are still lots of cards that are at higher valuations when pulled now than they would have been in 2019. Market is pretty robust. We have not seen the eBay search issue be a problem for us.

SupermanBrandon · 10-17-2021, 02:04 PM

Im still losing auctions daily for prices way more than what they were in 2019

Giantrobot · 10-17-2021, 02:08 PM

We’ve had three new brick and mortar card shops open in the area just this year. I don’t count the flea market stalls and numerous retail-only flippers who won’t last. That hasn’t happened in decades. Stores were only closing. So, I’m happy for that, as I welcome more availabilty and interest in my hobby.

I’m glad the market correction is seemingly starting to happen, also. It still needs to come down on wax a lot, but the backlash is evident. It makes absolutely no sense whatsoever to pay these inflated prices to open any hobby wax right now. The collector and even the flipper needs to have a reasonable chance at getting value-for-money when they open something. It can’t be 100% just a lottery where you’re gonna lose 99% of the time.

hermanotarjeta · 10-17-2021, 02:09 PM

It’s over.

At some point in time, people will be forced to go back to work.

You can’t live on dogecoin and retail blaster profitz forever.

And it’s rough trying to buy hobby topps chrome boxes at minimum wage.

Oh yeah, and lockout will be the knockout punch.

Baseball will die off particularly if the astros win the World Series.

LVDan · 10-17-2021, 02:10 PM

Because I don’t own “iconic, generational” talent I haven’t been affected nearly as much as others either way. Play good, cards go up. Play bad, cards go down. Same as it ever was.

Sent from my iPhone using Tapatalk

hermanotarjeta · 10-17-2021, 02:13 PM

Quote:

Originally Posted by LVDan

Because I don’t own “iconic, generational” talent I haven’t been affected nearly as much as others either way. Play good, cards go up. Play bad, cards go down. Same as it ever was.

Sent from my iPhone using Tapatalk

Except for fatty and ohtani, this year it was more play good, go down, because of the “pullback”.

10-17-2021, 12:33 PM	#1
SearchPatrol Member Join Date: Sep 2020 Posts: 1,051 AndrewB	Last years huge card BOOM. Officially Over? Most cards seem to have given back most, if not all, of the gains. 3 questions 1) Is it Over? (the Boom) 2) Will we ever see another run like that again? 3) Is the correction over?

10-17-2021, 12:37 PM	#2
MoreToppsPlease Member Join Date: Dec 2018 Posts: 8,676	Waiting for all the moon bois… Don’t forget to take into account the inflation surge… __________________ IRS Tax Tip 2022-57 A hobby is any activity that a person pursues because they enjoy it and with no intention of making a profit. People operate a business with the intention of making a profit.

10-17-2021, 01:02 PM	#8
boxbuster7 Member Join Date: Aug 2016 Posts: 12,288 boxbuster777	Wax prices come down to match how much card prices have dropped in the last year, there is a chance we see a rebound. Retail getting marked up hurt IMO and hobby prices are out of control considering how soft the market is right now. __________________ Psa 9 > psa 10

10-17-2021, 01:04 PM	#10
DiegsHobby Member Join Date: Apr 2019 Location: Bay Area Posts: 492 deegshobby	I'd say a combination of baseball offseason and people in general getting out more (spending more on non-cards) has brought us to the current lows, but preseason should be great as always. I'm not sure about other sports, but my small circle is focusing heavily on vacations/holidays etc. and I figure that's a common sentiment worldwide. Sent from my SM-G970U using Tapatalk __________________ "DEEG'S HOBBY" on every social but I can't change my username here 'Clector of Green & Gold Oakland A's Topps Chrome/Triple Threads/Bowman 1st Autos

10-17-2021, 01:05 PM	#11
ucLAkers Member Join Date: May 2014 Location: CaliZona Posts: 8,599 mintrobmint Totally Sucks	My belief…. eBay’s new “graded card” algorithm has destroyed the raw card sales…. Good luck selling raw unless your store is loaded with back listings-that already had/has watchers. __________________ If you collect Vee & Friends you need medical assistance as theres a chance you have Blow Pop syndrom-18

10-17-2021, 12:38 PM	#3
Topcat79 Member Join Date: Dec 2017 Location: New Hampshire Posts: 262	I don’t think it’s over. As governments continue to print money like it’s going out of style, people turn to hard assets. I think cards fall under that category of investment and won’t go away anytime soon. So while we had a correction, I think it’s a temporary one.

10-17-2021, 12:41 PM	#4
blackbears86 Member Join Date: Apr 2011 Location: maine Posts: 17,113 blackbears86	Is the boom over for quality graded players, limited numbered cards? Nope. is the boom over for common, over produced releases? I think it's getting there.

10-17-2021, 12:56 PM	#5
GMRide27 Member Join Date: Jun 2021 Posts: 705	Sho-tani???

10-17-2021, 12:58 PM	#6
Frankp2311 Member Join Date: Jul 2010 Location: Virginia Posts: 5,270	I still see boxes of Donruss and Score at $500+ so how could it be over??

10-17-2021, 12:58 PM	#7
Stech36 Member Join Date: Jan 2016 Location: Westminster, MD Posts: 9,540 Stech36	Card prices are not even close to where they were in 2019. Maybe base is getting closer, but not the better stuff. Also, baseball is almost over. Prices always get soft for baseball in the fall.

10-17-2021, 01:03 PM	#9
ScooterMcRibs Member Join Date: Apr 2020 Location: BAY AREA, CA, USA Posts: 431 I'm not going to tell you. No.	Investing in sports cards right now is like buying Bitcoin back in 2010. We have gone up from last year but there are still incredible growth opportunities in this asset class. Prices may fluctuate somewhat in the very short term, but the long-term chart leads nowhere but up for the next 8-10 years. There is no slowdown in sight until 2030 at earliest.

10-17-2021, 01:30 PM	#13
tconte Member Join Date: May 2017 Location: Marlton, NJ - Less Than an Hour from the Millville Meteor! Posts: 2,034 aconte	I got to believe with the Wander RC coming out everyone will rush to buy the next gold wave shimmer opening day refractor special numbered and limited to a few. I mean there has got to be an unlimited number of those limited crap.....err...I mean cards that everyone can invest for the long term, say a couple months. Cards to cherish. Then don't forget you will have the option to buy the legible autos too. __________________ Numbered cards......this is no longer the way. If you invest in cards, don't forget Cecil Cooper!

10-17-2021, 01:37 PM	#14
rngrdanny22 Member Join Date: Jan 2015 Posts: 12,372	The 2021 rookie class did not help anything.

10-17-2021, 01:51 PM	#15
Friars Member Join Date: Feb 2021 Location: Phoenix Posts: 510	The lcs in my area are pricing 2021 chrome like we are right in the middle of last years boom, only problem is there are no marquee rookies to go after, with the huge price increase and not so sought after rookies its hard to imagine the draw continues. Sent from my SM-G960U1 using Tapatalk __________________ I only sell to users who blocked me on ebay, I just do so under an assumed name. 😀

10-17-2021, 01:56 PM	#17
Friars Member Join Date: Feb 2021 Location: Phoenix Posts: 510	Quick search just now for slabs sold under 20 bucks. Its as if the slab is worth more without an actual card in it lol. Can't say many of you didn't see this coming, the winners are psa and breakers. Everyone else lost in the boom. Sent from my SM-G960U1 using Tapatalk __________________ I only sell to users who blocked me on ebay, I just do so under an assumed name. 😀

10-17-2021, 01:57 PM	#19
Friars Member Join Date: Feb 2021 Location: Phoenix Posts: 510	That sub 20 dollar psa "sold" list is very very long. Sent from my SM-G960U1 using Tapatalk __________________ I only sell to users who blocked me on ebay, I just do so under an assumed name. 😀

10-17-2021, 01:58 PM	#20
Cavaliercards Member Join Date: Aug 2009 Location: Charlottesville, VA Posts: 30,889 cavaliercards	Yes it’s a dip from where we were a year ago but it’s a massive increase from 2020. If you bought at peak you are down but there are still lots of cards that are at higher valuations when pulled now than they would have been in 2019. Market is pretty robust. We have not seen the eBay search issue be a problem for us. __________________ Always Buying: Vintage and Tobacco Cards Follow us on Twitter AND Instagram: @Cavaliercards

10-17-2021, 02:04 PM	#21
SupermanBrandon Banned Join Date: Dec 2018 Location: TN Posts: 15,843	Im still losing auctions daily for prices way more than what they were in 2019

10-17-2021, 02:08 PM	#22
Giantrobot Member Join Date: Oct 2013 Posts: 4,836	We’ve had three new brick and mortar card shops open in the area just this year. I don’t count the flea market stalls and numerous retail-only flippers who won’t last. That hasn’t happened in decades. Stores were only closing. So, I’m happy for that, as I welcome more availabilty and interest in my hobby. I’m glad the market correction is seemingly starting to happen, also. It still needs to come down on wax a lot, but the backlash is evident. It makes absolutely no sense whatsoever to pay these inflated prices to open any hobby wax right now. The collector and even the flipper needs to have a reasonable chance at getting value-for-money when they open something. It can’t be 100% just a lottery where you’re gonna lose 99% of the time.

10-17-2021, 02:09 PM	#23
hermanotarjeta Member Join Date: Feb 2012 Posts: 21,072	It’s over. At some point in time, people will be forced to go back to work. You can’t live on dogecoin and retail blaster profitz forever. And it’s rough trying to buy hobby topps chrome boxes at minimum wage. Oh yeah, and lockout will be the knockout punch. Baseball will die off particularly if the astros win the World Series.

10-17-2021, 02:10 PM	#24
LVDan Member Join Date: Jun 2017 Posts: 17,552	Because I don’t own “iconic, generational” talent I haven’t been affected nearly as much as others either way. Play good, cards go up. Play bad, cards go down. Same as it ever was. Sent from my iPhone using Tapatalk __________________ So we cheated and we lied and we tested. And we never failed to fail; it was the easiest thing to do.