Charizard Auction History. Bubble?

at the speed of light? :wink:

Greetz,
Quuador

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I gave up my collection to pursue other financial interests but what I can see from across the board; all the pokemon cards have gone up in value. Even some of the less sough after sets from 2000 like Rocket Charizard is at like 600$ now (which is insane). I do believe it is a bubble to certain extent, but not for the 10 Zard from base. I think those are hard to come by and will continue to go up. The issue lies with the lower grades, and people paying more than expected because they simply cant have the 10 and want the next best thing; which you cant really blame them for.

I understand the argument about diversifying the portfolio, but with any investment you want to buy the best; wether it be silver you want .999 purity, or bonds the best rate possible, I just dont see the lower grades being as valuable as what they are going for. Don’t get me wrong great artwork, but when someone is paying 1.3+K for a Zard 1st ed 7 with whitening on the back, I just couldn’t see myself doing that no matter the prestige with the set.

With regards to the other 10’s from base I am a little shocked that they more than double from last year. What I find interesting, is that the PWCC auctions tend to sell more than some of the fixed priced ones at time, and when I sold my Zapdos a few months back at 1K, I remember having it up there for a while before someone bought it. Just makes you wonder if shill bidding, or something else is going on behind the scenes. Regardless, Base seems to be trending up which is a good thing for the sellers.

Im hoping yugioh takes off like this one day, all I can afford nowadays :stuck_out_tongue:

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I don’t agree with this argument because the ratio doesn’t matter, the gap will keep getting bigger. The amount of PSA 8s a 10 can trade for is irrelevant.

Why doesn’t the ratio matter? Because there are only 110 PSA 10 charizards in existence, a lot of collectors only want the best and that means there’s only 110 chances at having the best, and a lot of those 110 are already locked away in collections and might not see the market for years, if ever. I don’t think people understand how small a number 110 is when there are millions of people in a hobby. These high grade examples can and will slowly drain out of the market over time, while there will always be people getting rid of low grade cards to upgrade into something better because the low grade examples just aren’t as good or collectible to a lot of people.

As more of these cards leave the market for good or for an extended period of time that makes those cards less available in general, meaning collectors that want them will be willing to pay more for them as they show up less and demand increases due to the pool being smaller.

The people that are interested in PSA 10 charizards are also most likely not interested in PSA 1-8, however they might go for a 9 if a 10 is unattainable for them now so I think 9s might see a rise in price. Also the people buying 10s these days I think are quite clearly collectors and investors, people that will hold on to the cards long term - TCG flippers aren’t dropping $20k on a card as the gains on these are going to be longer term not a quick flip.

As for PSA 1-8 they might have gains but I don’t think they’ll be large and close the gap to match your ratio example because there are hundreds of them, and high end collectors just don’t care. I’ve got many high end cards and I would never ever buy anything under a BGS 9.5 or a PSA 9, to me anything under those grades isn’t good enough and doesn’t appeal to me at all and many other collectors I know feel the same.

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A lot of sellers put eye candy items at silly prices just to get people to click and have a look, the views and activity help with their other items visibility when searching and it also causes people to often click and see what else they’re selling … which in turn causes potential purchases. It’s just a way of drawing in customers, they don’t expect the items to sell at the price.

Rudy from AlphaInvestments does this and has talks about it on some of his youtube videos, he said if someone actually bought some of his overpriced PSA 10 cards and sealed product he would just cancel the sale and refund the buyer because he has no intention of selling them, it’s just to draw people in and help his search rating.

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This tactic is very common with all sports cards as well.

Until ebay starts charging more for higher priced listings, the trend will continue

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