Iāll repeat the most important thing to know about highly-graded 1st edition Base Set holos, that Iāve already said several times on this forum.
We had a surge in interest in these cards after Pokemon Go and demand for them shot up exponentially. Prices for the individual cards surged. People who were holding supply of the boxes actually started to open them up because the expected value of the individual cards, after being graded, was much higher than the price of the box at the time. This caused populations for these cards to shoot up in the months that followed.
Before too long people caught onto how profitable it was to buy a 1st edition Base Set box and the price for the box started to surge, eventually to the point that it no longer made any sense to open the boxes for a profit.
And now we are at the point where PSA 10 1st edition Base Set holos are barely being added to the population. There hasnāt been a new Charizard added to the PSA 10 population for over a year and only 2 have been added in the last two years. There hasnāt been a new Chansey added to the population since 2018.
I donāt see the price of the box falling to the point that it will make sense to open it from a financial standpoint in the near future and maybe not ever again (unless weāre talking about Leonhartās 1 million sub video or something).
So the supply is in a place where itās going to continue to decrease as more and more of these cards fall into the hands of permanent collectors. But the demand is always there, as there is a steady stream of young adults coming into money and wanting to reclaim something from their childhood (and in some cases people who didnāt even grow up with Pokemon are discovering vintage Pokemon cards through their kidsā interest in modern cards).
If my analysis is correct that we are going to see supply dwindle in the years to come while more and more enter the market for high-end Pokemon cards in the years to come then you can guess where I think prices are going in the future.
A lot of this is common sense among longtime collectors. 9s rising when 10s arenāt available. 200 not being a high pop when there are thousands of people collecting. Japanese exclusive promos being niche when there is simply no alternative, etc. etc.
Itās refreshing to see this come true for some cards but itās also frightening since the higher you climb the harder you can fall.
You and jonandek help me a lot when reading through these threads. Thank you for both your inputs along with everyone else. Itās nice reading everyoneās opinion on them.
this was mentioned in another thread, but i think people like scott have much to do with the growing knowledge of the finances behind cards and sealed products the last 2-3 years. there is a segment of the market that is smart and have deep pockets, so the supply of old high-tier cards will become more scarce as time goes on. i canāt predict how much the scarcity will move the price points, but i believe pokemon is well positioned for continued growth. i stopped buying cards for about a year or two, but recently, iāve started buying again because i have a feeling that card prices are going to adjust for the next 3-6 months as the market continues to mature, so in order to secure cards for my collection (primarily wotc), i feel that i should spend some now so iām not priced out of a lot of cards.
Scott and the other social media personalities around this hobby are all fantastic and were one of the things that drew me in. To have the mix of people like scott with intelligent content that appeals to hardcore collectors then also family friendly entertainment like unlisted leaf, leonhart etc is great. In magic now thereās rudy, but back in the day there was literally nothing. Then we got āhello and welcome to openboostersā. I bought some of my first gem mint alpha cards from that guy right when he found his stash of old cards and got his first cards graded way before his youtube channel. My serra angel came from him. At some point he basically told me wasnāt going to sell any more cards and regretted the sales. Funny
Reminds me of how I got many of my 1st edition Base Set cards by messaging a guy (TMurder20) who opened up a box on YouTube back in 2009. He was the first person to ever open a 1st edition Base Set box on YouTube. I messaged him and purchased a complete non-holo set from him for $100. Got the cards graded many years later and those cards are now worth about 100x what I paid for them.
wow, that is awesome. thatās why I was buying and cracking out all of those 1st ed psa 9 cards. nothing like those pack fresh cards. in magic I bought an arabian nights set from a guy who had opened a box and sleeved the cards. I ended up with quite a few pristine beckett 10s out of what had been a several hundred dollar purchase. my only experience like that so far with pokemon has been with the 1st ed fossil and jungle sets where I was lucky enough to snag really minty binder sets in raw form. 1st ed seems long past that now.
Actually i think this is the most important movement recently, how the mid-end cards are moving. As the high end cards are rocking some extremely high values, people will start moving to lower grades. All the 9s will get bought (supply is higher here) and the prices will move up for 9s, people will move to 8s eventually and so on.
Since most psa 7 are good looking cards with some flaws, i think this will become the āentryā lvl for newer collectors as the prices for higher tier items will be even more exclusive.
I think this is sound logic. PSA 8 in particular is still a great looking card in most respects. the flaws are generally on the back and still relatively minor. 7s still mostly look great from the front
Glad you pointed out this PSA 9 on PWCC, I am intrested to see what this ends on! For some reason on ebay UK it doesnāt show any of PWCCās items. Really annoying I have to go to ebay.com to see these.