# CONFIRMED: 2020 was a bubble

**URL:** <https://www.elitefourum.com/t/confirmed-2020-was-a-bubble/41986>\
**Category:** Market\
**Tags:** bubble, for-fun, discussion\
**Created:** [June 16, 2023, 6:43pm UTC](https://www.elitefourum.com/t/confirmed-2020-was-a-bubble/41986 "2023-06-16T18:43:57Z")\
**Posts on this page:** 20\
**Page:** 1

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**Author:** ![pfm](https://efour.b-cdn.net/user_avatar/www.elitefourum.com/pfm/32/254328_2.png) [@pfm](https://www.elitefourum.com/u/pfm)\
**Post date:** [June 16, 2023, 6:43pm UTC](https://www.elitefourum.com/t/confirmed-2020-was-a-bubble/41986/1 "2023-06-16T18:43:58Z")

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![bubble1](https://efour.b-cdn.net/uploads/default/original/3X/9/f/9fd1a234503bfcdd63a72d40d346ba192989145b.png)

 ![bubble2](https://efour.b-cdn.net/uploads/default/original/3X/6/3/63ae138d0bdf23230cb3d4e271b8e495ecd7e2f1.png)

Source: [Pokemon Price - Analytics - Total Sales Volume Over Time](https://www.pokemonprice.com/TotalSalesVolume), @dunsparce0p

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**Author:** ![wisewailmer](https://efour.b-cdn.net/user_avatar/www.elitefourum.com/wisewailmer/32/179572_2.png) [@wisewailmer](https://www.elitefourum.com/u/wisewailmer)\
**Post date:** [June 16, 2023, 6:47pm UTC](https://www.elitefourum.com/t/confirmed-2020-was-a-bubble/41986/2 "2023-06-16T18:47:56Z")

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Good times for sure

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**Author:** ![ragingkraken](https://efour.b-cdn.net/user_avatar/www.elitefourum.com/ragingkraken/32/154151_2.png) [@ragingkraken](https://www.elitefourum.com/u/ragingkraken)\
**Post date:** [June 16, 2023, 6:51pm UTC](https://www.elitefourum.com/t/confirmed-2020-was-a-bubble/41986/3 "2023-06-16T18:51:46Z")

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Can we make prices a bubble too? You know. Like go into denial so I can get some gold stars for below pre-pandemic prices?

I always assumed that 2020 and the early parts of 2021 were a bubble. It still hard for me to find any cards near me, but you don’t see mobs of people constantly in the card area doing mental math on how much to resell ETBs at least.

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**Author:** ![holoshedinja](https://efour.b-cdn.net/user_avatar/www.elitefourum.com/holoshedinja/32/158231_2.png) [@holoshedinja](https://www.elitefourum.com/u/holoshedinja)\
**Post date:** [June 16, 2023, 6:53pm UTC](https://www.elitefourum.com/t/confirmed-2020-was-a-bubble/41986/4 "2023-06-16T18:53:28Z")

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![c0368663-bursting_soap_bubble_high-speed_photograph_web](https://efour.b-cdn.net/uploads/default/original/3X/9/e/9e038e625dc44af567e71b91de7f4f5b8b576f6b.jpeg)

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**Author:** ![Dyl](https://efour.b-cdn.net/user_avatar/www.elitefourum.com/dyl/32/234623_2.png) [@Dyl](https://www.elitefourum.com/u/Dyl)\
**Post date:** [June 16, 2023, 6:54pm UTC](https://www.elitefourum.com/t/confirmed-2020-was-a-bubble/41986/5 "2023-06-16T18:54:12Z")

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![image](https://efour.b-cdn.net/uploads/default/original/3X/0/9/09ded316da3f7b5bc2fcc4880f17adefdcc5fb2a.gif)

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**Author:** ![mthursty](https://efour.b-cdn.net/user_avatar/www.elitefourum.com/mthursty/32/159700_2.png) [@mthursty](https://www.elitefourum.com/u/mthursty)\
**Post date:** [June 16, 2023, 6:54pm UTC](https://www.elitefourum.com/t/confirmed-2020-was-a-bubble/41986/6 "2023-06-16T18:54:43Z")

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Can someone map this onto the Japanese card craze rn. I need to plan when to sell

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**Author:** ![decoypalmette](https://efour.b-cdn.net/user_avatar/www.elitefourum.com/decoypalmette/32/254336_2.png) [@decoypalmette](https://www.elitefourum.com/u/decoypalmette)\
**Post date:** [June 16, 2023, 7:17pm UTC](https://www.elitefourum.com/t/confirmed-2020-was-a-bubble/41986/7 "2023-06-16T19:17:07Z")

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It’s crazy how the pandemic imho had an effect on almost every hobby, from pokemon cards to old consoles & games, from gardening to trading stocks/crypto. It would be awesome if someone with time and skill could compare all this data and get a bigger picture.  
Ton of free time + excess of money and savings (due to people not traveling/hanging out and growing inflation) = deadly combo  
Also being closed at home totally legitimized all these geeky activities, that the average person didn’t even like or had forgotten.

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**Author:** ![c0ll3ct0r](https://efour.b-cdn.net/user_avatar/www.elitefourum.com/c0ll3ct0r/32/26306_2.png) [@c0ll3ct0r](https://www.elitefourum.com/u/c0ll3ct0r)\
**Post date:** [June 16, 2023, 7:27pm UTC](https://www.elitefourum.com/t/confirmed-2020-was-a-bubble/41986/8 "2023-06-16T19:27:56Z")

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![image](https://efour.b-cdn.net/uploads/default/original/3X/0/3/03b36d52d934673b752a0285e7e555411b067f97.jpeg)

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**Author:** ![brendantheclayboy](https://efour.b-cdn.net/user_avatar/www.elitefourum.com/brendantheclayboy/32/227237_2.png) [@brendantheclayboy](https://www.elitefourum.com/u/brendantheclayboy)\
**Post date:** [June 16, 2023, 8:10pm UTC](https://www.elitefourum.com/t/confirmed-2020-was-a-bubble/41986/9 "2023-06-16T20:10:44Z")

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Funny, cause all the cards I want these days are 10x what they were in 2019/early 2020.

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**Author:** ![smpratte](https://efour.b-cdn.net/user_avatar/www.elitefourum.com/smpratte/32/79511_2.png) [@smpratte](https://www.elitefourum.com/u/smpratte)\
**Post date:** [June 16, 2023, 8:14pm UTC](https://www.elitefourum.com/t/confirmed-2020-was-a-bubble/41986/10 "2023-06-16T20:14:04Z")

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Same! It’s why blanket terms like “bubble” are worthless without context.

Speaking of context, pokemonprice hasn’t been regularly updated now for years. The data is not as comprehensive as it was in the beginning.

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**Author:** ![jabby](https://efour.b-cdn.net/user_avatar/www.elitefourum.com/jabby/32/26318_2.png) [@jabby](https://www.elitefourum.com/u/jabby)\
**Post date:** [June 16, 2023, 8:17pm UTC](https://www.elitefourum.com/t/confirmed-2020-was-a-bubble/41986/11 "2023-06-16T20:17:26Z")

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Definitely a lot of money thrown around in all assets in 2020/2021. Record low interest rates, WFH savings, government handouts, huge nostalgia wave, massive supply glut at PSA/BGS… it was the _perfect_ storm for collectibles across the board it seems. I started buying some cards again in late 2021 and have been buying a lot more in 2022. So far my vintage has been pretty stable the past 6-12 months and I’ve seen growth in my modern collection.

I really feel now vintage has become a pretty good value again and most are bearish on it compared to modern. People would have thought vintage was a gold mine if we had these prices in late 2020 that we have currently.

Anyway, what I do know, I just really enjoy all these cards regardless of the booms and busts that have happened over time. I look forward to seeing where it heads over the coming years.

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**Author:** ![Charizard1020](https://efour.b-cdn.net/user_avatar/www.elitefourum.com/charizard1020/32/252961_2.png) [@Charizard1020](https://www.elitefourum.com/u/Charizard1020)\
**Post date:** [June 16, 2023, 9:39pm UTC](https://www.elitefourum.com/t/confirmed-2020-was-a-bubble/41986/12 "2023-06-16T21:39:23Z")

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Same same. Alot of cards are really really expensive

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**Author:** ![implode](https://efour.b-cdn.net/user_avatar/www.elitefourum.com/implode/32/2129_2.png) [@implode](https://www.elitefourum.com/u/implode)\
**Post date:** [June 16, 2023, 10:48pm UTC](https://www.elitefourum.com/t/confirmed-2020-was-a-bubble/41986/13 "2023-06-16T22:48:32Z")

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For many of the more common cards, the peak has already passed. Gotta sell now before the market gets flooded. 😉

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**Author:** ![Dyl](https://efour.b-cdn.net/user_avatar/www.elitefourum.com/dyl/32/234623_2.png) [@Dyl](https://www.elitefourum.com/u/Dyl)\
**Post date:** [June 16, 2023, 10:55pm UTC](https://www.elitefourum.com/t/confirmed-2020-was-a-bubble/41986/14 "2023-06-16T22:55:21Z")

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@smpratte

@TCGFish has better data and it says the same thing.

 ![SM](https://efour.b-cdn.net/uploads/default/original/3X/7/f/7f2ed5a2a3117162e3e5131377b90c83d59ddeb5.png)

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**Author:** ![TCGFish](https://efour.b-cdn.net/user_avatar/www.elitefourum.com/tcgfish/32/244_2.png) [@TCGFish](https://www.elitefourum.com/u/TCGFish)\
**Post date:** [June 16, 2023, 11:09pm UTC](https://www.elitefourum.com/t/confirmed-2020-was-a-bubble/41986/15 "2023-06-16T23:09:54Z")

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actually, there is a lot of things behind the average sold price.

The total sales # Number  
and the total sales value

Here is the tcgfish version, I’m only posting data up to 2023 May, but you can feel the trend,

The Following chart is for Japanese cards only.

 ![image](https://efour.b-cdn.net/uploads/default/original/3X/4/9/49ec862dc8576641bcf752b7825aeee4c3ce379f.png)

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<div class="post-metadata">

**Author:** ![Dyl](https://efour.b-cdn.net/user_avatar/www.elitefourum.com/dyl/32/234623_2.png) [@Dyl](https://www.elitefourum.com/u/Dyl)\
**Post date:** [June 16, 2023, 11:30pm UTC](https://www.elitefourum.com/t/confirmed-2020-was-a-bubble/41986/16 "2023-06-16T23:30:25Z")

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These graphs are helpful in understanding monthly spending behavior, but I think the more interesting information would be at a different level.

**For example:**

- Is the average PSA 10 Vintage English card more or less expensive now than during the boom?
- Is the average PSA 10 Modern English card more or less expensive now than during the boom?
- Is the average PSA 10 Vintage Japanese card more or less expensive now than during the boom?
- Is the average PSA 10 Modern Japanese card more or less expensive now than during the boom?

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**Author:** ![smpratte](https://efour.b-cdn.net/user_avatar/www.elitefourum.com/smpratte/32/79511_2.png) [@smpratte](https://www.elitefourum.com/u/smpratte)\
**Post date:** [June 16, 2023, 11:34pm UTC](https://www.elitefourum.com/t/confirmed-2020-was-a-bubble/41986/17 "2023-06-16T23:34:12Z")

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Sure I was just letting people know as the owner is a member here and they stopped updating it awhile ago.

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**Author:** ![zorloth](https://efour.b-cdn.net/user_avatar/www.elitefourum.com/zorloth/32/1561_2.png) [@zorloth](https://www.elitefourum.com/u/zorloth)\
**Post date:** [June 16, 2023, 11:39pm UTC](https://www.elitefourum.com/t/confirmed-2020-was-a-bubble/41986/18 "2023-06-16T23:39:14Z")

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Certain segments of the market were certainly in a bubble. But I think it’s fair to say that certain segments weren’t (or at least they haven’t yet popped lol). There are many things that are currently higher than they were during the “bubble.” I’ve been trying for a while now (with no success) to find a Ruby box for \<$10k. But in late 2020, I could’ve _easily_ found one for that price.

Arguably, that sort of item is the exception rather than the rule, though. Most stuff that increased during the pandemic has cooled down significantly.

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**Author:** ![zork](https://efour.b-cdn.net/user_avatar/www.elitefourum.com/zork/32/106976_2.png) [@zork](https://www.elitefourum.com/u/zork)\
**Post date:** [June 16, 2023, 11:39pm UTC](https://www.elitefourum.com/t/confirmed-2020-was-a-bubble/41986/19 "2023-06-16T23:39:58Z")

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Higher highs, higher lows

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**Author:** ![Charizard1020](https://efour.b-cdn.net/user_avatar/www.elitefourum.com/charizard1020/32/252961_2.png) [@Charizard1020](https://www.elitefourum.com/u/Charizard1020)\
**Post date:** [June 17, 2023, 12:52am UTC](https://www.elitefourum.com/t/confirmed-2020-was-a-bubble/41986/20 "2023-06-17T00:52:11Z")

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What websites are you guys using to get those graphs?👀

[Next page](https://www.elitefourum.com/t/confirmed-2020-was-a-bubble/41986.md?page=2)
