I pulled one of the rare Jordan moments from Topshot ...... see below.
Price is 1 Billion Dollars OBO - Net to me and FIRM!
PM if interested.
This needs another bump! What next? Nba top shot
Rereading this made me laugh too predicting this over two years ago!
I pulled one of the rare Jordan moments from Topshot ...... see below.
View: https://youtu.be/vyL0FxS-F6E
Price is 1 Billion Dollars OBO - Net to me and FIRM!
PM if interested.
Draft picks hobby boxes going for over $500 yet the draft class isn't anything like last year and the players arent even wearing jerseys on the cards.
the hobby has been flooded with these "new investors" looking to make a quick buck. I will also be steering well clear until this blows over. A million dollars for MJs (not even true rookie card lol)
I used to share your view but I'm now convinced that this will only keep going up for the foreseeable future although maybe not at the current breakneck pace. People for whom money is no object have jumped in and they could conceivably make up 90% of the 'hobby' before too long. Cardboard may end up being the fine art of the 21st century. In my opinion only WWIII crashes the market or if all the investors leave en masse. I can't see it ever correcting in any significant way in any other scenario. Personally, I'm not real keen on the big time investors and the flow on effect their entry into the hobby has had on people who used to enjoy busting wax like myself but I'm very happy for all those 'average Joes' who have been in it for a long time and who are now possibly sitting on a small fortune. That is a nice thought. I wish I had purchased an MJ 86 Fleer PSA7 for $1200 just under 3 years ago( I strongly considered it as I was sometimes spending that amount on single orders of wax. It sucks that I have been priced out of most wax but there's not much I can do about it. I mostly do hockey on epack these days. Hopefully the investors stay away from that sport.I think for me the last month has cemented my view that the hobby is going to fizzle away. I was perfectly ok with the inflated prices last year. Covid impacting supply and the Zion hype impacting prices although frustrating, made sense. But panini re-releasing 2019 Hoops on "premium" stock just to cash in on the inflated prices and hype has devalued those cards we've been collecting all year. And then seeing the prices of 2020 draft picks is just ridiculous. Draft picks hobby boxes going for over $500 yet the draft class isn't anything like last year and the players arent even wearing jerseys on the cards.
All very true.Perhaps if all the big money goes into HOF/iconic cards prices for modern cards might drop off. It's probably just wishful thinking because investors are also buying up sealed wax to sit on. The current sitution must be of concern to Panini. They are making money hand over fist( and leaving plenty on the table) but what happens if a generation of youngsters gets locked out? I'd love to be a fly on the wall when they discuss their medium/long term plans - if they have any.
Lolwhat does the future of collecting hold?
Without meaning to sound old (yes @kiwi_in_melb I am!) or the "back in my day...."
but it's made me wonder more and more lately - has the fun has gone from the hobby? Trading is all but gone and it's all about the $$$ - the return on your investment.
Back when collecting was simple you'd bust packs and be pumped if you hit Jordan/Magic base - now no one cares about base and it's only about hits (or prizm rookies!) and you were excited by base and not by how much you could sell it for.
You didn't really have a trade list you had a doubles list
And it brought collectors together cause I traded you the base you needed for the base I needed
Nowadays - people complain if the autos are not good enough or the prizm silvers aren't rookies etc.
Why???
I think it's a double edged sword - we the collectors demanded more autos and more game used, they provided more and now we complain about it being over-saturated and now it's so over the top it's almost too hard to come back from (panini has started trying with less game used).
Group breaks - whilst people try and buy their favourite teams - ultimately it is to hit big, lots of breaks you never even see the base and the days of set collectors seem to be long gone!
Ebay/Internet - it's made collecting accessible to a greater audience
What next???
* There has to be a return to set collecting
* the production of game used has to die down
* We the collectors need to begin looking out for each other (https://www.ozcardtrader.com.au/threads/official-pay-it-forward-thread.189868/)
How do do we get more life back on ozcards?
what do you guys think
or
is this me
Which base cards? Because I sure as hell don't have themLol
Been a long time out of the hobby and I was blown away by box prices and what people are paying for cards these days
Hundreds of dollars for 90s base cards !!!
Which base cards? Because I sure as hell don't have them
I've got about 50 cards that could possibly be close to 10s. Might need to send them all inanything psa10 - $250usd for MJ Silver Sig!
I've got about 50 cards that could possibly be close to 10s. Might need to send them all in
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