Even if you’re earning minimum wage you shouldn’t need to rely on card flipping to afford your collect. Cut out unnecessary luxuries like eating out all the time or going to coffee shops.
@smpratte if you began collecting the cards you have, in the grade you have them in, now; would you be able to afford them? I agree with @ozenigma if you rely purely on flipping for your flipping then maybe you’re the problem, stop sucking the fun out of collecting. That’s like taking something someone loves first and saying “fuck you” right after. This hobby has turned into a career for some people and that shit ain’t right, emphasis on hobby. I understand the people who began collecting before everything costed a testicle and an ovary forget to realize, that if they started collecting nowadays it would be less fun. Just because some of you have an instant urge to contradict doesn’t mean you can’t stop and think about it. You all know what the fuck I’m saying, don’t act stupid, please.
You will always have people wanting to make money in any aspect and that will never change. A good chunk of people will always buy if they spot a good deal to resell, they may not actively look for them but can find them. You cannot expect to perfect the balance of collecting and selling for a profit, it makes zero sense. This argument has become foolish.
Why are there currently 1,455 1st ed Charizards in the PSA population report and only 3 holofoil Ludicolo from EX Sandstorm? Are you suggesting that the supply of PSA graded cards is not proportional to the demand? If I suddenly started buying up all the EX Sandstorm Ludicolo cards at $1000 a piece, do you not think the supply of graded cards will grow? Of course, at some point you’re correct, there is a finite number of cards available for grading so there is a theoretical limit. I see more similarities than differences though.
The rise and fall of stock prices is fundamentally dependent on supply and demand. Whether or not a company is performing well is not actually determines the stock price - the increase in demand based on the assumption that a well-performing company will see increases in stock prices is what actually drives up the stock price. If investor woke up tomorrow and decided to only buy stocks from companies that begin with the letter “A” with no other consideration then Apple’s stock will go up even if the CEO decided to kill the entire board of directors. So yes, you’re technically correct in saying that emotion is more of a factor in Pokemon but I don’t see how this makes it “totally non comparable”.
Anyway, my original point was that at the very abstract level, the Pokemon market is dictated by the exact same supply-demand principle that stock prices are dictated by. If you could perfectly predict every shift on the supply-demand curve, you would be both a stock master and a Pokemon master.
I will not contradict you, because I don’t expect you to fully understand(mostly don’t give a fuck). This also wouldn’t have happened if it wasn’t for that meddling Pokémon GO
Lol it is not hard to understand, it is simply cut and dry. Yes people out there are messing it up for collectors, can’t expect the market to be flawless or even close to it. Depending on the size and value of the market, this kind of behavior will always be an issue.
Here is a better approach to this appeal to emotion “average” collector argument:
I don’t complain to someone who grew up in 1986 and could buy fleer packs for less than a dollar that it sucks today because they are $1500 minimum.
This is a hobby. We are not trading anything necessary for survival. People complaining about a hobby market changing due to more people doing the exact same thing they do is a paradox.
Well, I was buying packs back in 1986 (and I loved #23) but I have nothing to show for it today:(
Another example. My dad was born in 1921 and saved all his comics till he entered the war in 1942. Of course he had the #1 issue of Action Comics from 1939. Unfortunately, the Wars paper drives gobbled up 99% of the paper products.
Hard to blame me or him for not knowing ahead of time what would occur.
I was going to make this exact comparison with the exact superman #1 example… odd lol. I’ll bet he never complained about it being unfair. That generation just didn’t complain.
Apple and Google are old fully valued companies. They aren’t the high growth companies that made them great as stock market picks.
Venture Capital spends billions buying into these companies. You can’t buy in until they are worth billions, maybe 10 million back when Google was small. No ones collection on this forum would even get you in the door for those private equity offerings. Shit, everyones collections combined might not even get you in the door. That shit is all closed door. You gotta have real connections plus money to get in.
You are using hindsight. If you were buying in Pokemon at that time maybe you bought into Yahoo or AOL. Pretty sure buying into Pokemon offered a better investment than buying into either of the dominant internet/tech companies of the time. How about Nortel, AOL, Nokia etc. Lot’s of high flying stocks with legit companies that were at one point at the peak of their industry that have turned to crap.
If you could peer into the future as an average person you would be buying winning lotto tickets and other gambling events not buying collectibles or stocks.
But then the analogy wouldn’t be as strong if I used other companies. I could say “instead of buying a 1st ed. base set booster box in 1999 you should have bought Qualcomm instead!”… but only a handful of people here would know what Qualcomm is.