I don't think you can underestimate the power of the psychology that is really at work in a collectables market. We have no underlying cashflows for these assets so all pricing is based on market sentiment. Folks almost always hold on the way up and sell on the way down. Box prices doubling keeps boxes in the closet untill sentiment turns, then folks rush to sell fast. I lived and collected through the junk wax baseball card era, the comic boom, the beanie baby boom, the alternate movie poster boom, the urban art boom, the first crypto boom, the nft boom. Time will certainly tell what the long term value will be and there will be cream that rises to the top for sure, but taking profits along the way and managing exposure is probably good advice. I have a lot of stuff that ran up in price and is now unsaleable, but I managed my exposure and took profits while stuff was hot.
Hey Final Trade! That was a good take. Although, not everyone was selling including myself. I'm holding on to products and I assume a lot of people are so probably that's why not enough products left the closet to affect prices. Just a food for thought. Great content!
The “surge” (pun intended) of livestream box breaks on TH-cam and WhatNot has completely shaken the TCG market. We just can’t solely rely on historical trends/cycles to accurately predict the market anymore as the barrier of entry into marketplaces, the free marketing, and the reach of marketing due to social media has completely changed the TCG market in new ways.
Yes TCGs have a winning formula by selling boxes of random cards. That people are willing to buy for cards that will never see the light of day, or play at a table. However, the best selling card game of all time has a predictable pack of cards. That keeps on selling the same 52 cards year after year. A customizable card game. Where you get more than the necessary amount of cards in one box to build a deck. No expansions. You get to customize your deck and not have to overpay to get that one card to make your deck playable. That is what I am working on.
Any person who uses the statement "printed to oblivion" when it comes to Pokemon has no clue or no idea how big the consumption rate is for the TCG. Once you get a tiny glimpse of how product is being consumed, you too will be "hoarding" some of these boxes. The thing with Pokemon's consumption is it does NOT and will NOT matter how old, how new, how bad, how "worthless", etc the set is. Ripping packs in Pokemon is as natural as taking a breath.
While not TCG, its still cardboard with a history 100 years longer than TCG, Junk Wax Era baseball cards. That era mirrors what is occuring with some TCG today. Even with a much larger bb card market today, than in the late 1980/90's, the sealed and cards from that era are still not worth much money, difficult to sell, and will remain that way forever.
I don't think you can underestimate the power of the psychology that is really at work in a collectables market. We have no underlying cashflows for these assets so all pricing is based on market sentiment. Folks almost always hold on the way up and sell on the way down. Box prices doubling keeps boxes in the closet untill sentiment turns, then folks rush to sell fast. I lived and collected through the junk wax baseball card era, the comic boom, the beanie baby boom, the alternate movie poster boom, the urban art boom, the first crypto boom, the nft boom. Time will certainly tell what the long term value will be and there will be cream that rises to the top for sure, but taking profits along the way and managing exposure is probably good advice. I have a lot of stuff that ran up in price and is now unsaleable, but I managed my exposure and took profits while stuff was hot.
"Tonight I'm cleaning out my closet" - Marshall Mathers, 2002
Hey Final Trade! That was a good take. Although, not everyone was selling including myself. I'm holding on to products and I assume a lot of people are so probably that's why not enough products left the closet to affect prices. Just a food for thought. Great content!
The “surge” (pun intended) of livestream box breaks on TH-cam and WhatNot has completely shaken the TCG market. We just can’t solely rely on historical trends/cycles to accurately predict the market anymore as the barrier of entry into marketplaces, the free marketing, and the reach of marketing due to social media has completely changed the TCG market in new ways.
Just want to say thanks for the content and videos. I just subbed to your patreon today!
Great video. I think I know who you’re referring to, a collectible consultant 😅
Yes TCGs have a winning formula by selling boxes of random cards. That people are willing to buy for cards that will never see the light of day, or play at a table. However, the best selling card game of all time has a predictable pack of cards. That keeps on selling the same 52 cards year after year.
A customizable card game. Where you get more than the necessary amount of cards in one box to build a deck. No expansions. You get to customize your deck and not have to overpay to get that one card to make your deck playable. That is what I am working on.
Any person who uses the statement "printed to oblivion" when it comes to Pokemon has no clue or no idea how big the consumption rate is for the TCG. Once you get a tiny glimpse of how product is being consumed, you too will be "hoarding" some of these boxes. The thing with Pokemon's consumption is it does NOT and will NOT matter how old, how new, how bad, how "worthless", etc the set is. Ripping packs in Pokemon is as natural as taking a breath.
While not TCG, its still cardboard with a history 100 years longer
than TCG, Junk Wax Era baseball cards.
That era mirrors what is occuring with some TCG today.
Even with a much larger bb card market today, than in the
late 1980/90's, the sealed and cards from that era are still
not worth much money, difficult to sell, and will remain that way forever.
Are you perhaps talking about the dude that was comparing star wars in the 2000s to pokemon? 🤣