So this is the thing. Modern Japanese is going wild. I’m worried all new sets are just going to be so expensive from here on out for Japanese sets.
Not that I collect a lot of Japanese cards but sometimes the holo looks better in cards but it might not even be worth it to import the singles I want anymore
Calling it now. PSA 10 Misty grinding Lorelei is going to become a grail.
Wait or is Misty fating on Lorelei? Either way…
It’s two Megumi Mizutani Let’s Go Pikachu & Eevee stock images copypasted onto one card
Do we need a pt 3 to this thread?
Prices are coming down across the board in Japan. I’ve been watching both Mercari and eBay very closely for the past couple of weeks and it’s funny that eBay is basically reflecting the Japanese trajectory with a few days delay, meaning that cards sold on eBay in the West are now often more expensive. Mercari has been a good indicator on when to buy/sell on eBay and other foreign websites.
Not only have prices in Japan come down significantly, the number of sales also have. I believe we will slowly approach a more healthy “new normal” now. Many cards are more than 50% down trom their all-time high roughly 4-7 days ago and there are only very few cards that resist this trend. That being said, I think many of them will still remain at least 100% more expensive than they were before the big hype began, but I believe we won’t be seeing another “Acerola from Climax going for 330k yen” kind of high for a long time.
Thanks for the insight. I am guessing this is for more modern and in-demand cards yes? I am also looking at Mercari JP but mostly at slightly older promos to finish my sets and they have been affordable due to the hype around modern. However I did notice that the prices have come down across the board in the past few days, specially for the YU Nagaba promo set.
Maybe this will stay because 151 is out and a lot of emphasis is on the new set and the trend will pick up again, specifically for the YU Nagaba . But I am looking forward to prices stabilizing a bit.
Cheers!
Hi, do you mean down 50% from their all time highs?
Or that 100% of all cards are down?
Yup, I’ve only looked at PSA listings and almost all of them are modern cards, with a few cards from XY era here and there, but almost no real vintage cards.
@bk2021 Oops, of course I meant 50% – 100% would be kinda nice, though!
New stock prices just dropped
https://twitter.com/CloveBase/status/1669644136012746752?s=20
If we compare it to the one from 2-3 week ago, it’s notable that most of the waifu cards either stayed at the same level or dropped a bit, while the prices for the popular Pokémon cards have been upped significantly. It’s obvious what Clove is trying to pump next for their lottieres.
I see cards from the 25th anniversary getting some increase in value and recognition they deserve!
They’ve also stopped buying cards temporarily according to the follow up tweet.
The dump is coming
That’s a somewhat misleading as it seems they only buy or least accept cards for evaluation in specific time slots.
The obsession with Twitter buylists and absorbing any information without thought is what propels these cardshops to have so much influence
So this extremely common promo has quadrupled in a week?
This was from 2 weeks ago. I was buying these for 1000-2000 yen last year for months and months. They’ve come down to 8500 yen or so, but still insane…
Prices keep falling and they’re falling fast. I believe we’ve reached a stage where lots of people panic and start selling their cards because they’re afraid prices will totally crash. Many card shops have also temporarily stopped purchasing cards which contributes to the panic, though the actually reason is probably the lack of manpower – yesterday was 151 release day after all.
There are actually a lot of cards inserted at Mercari priced close to the most recent sales, but no one is buying them. Some cards still do sell, but the trend is obvious.
In his latest video Collect Pokémon said that prices have fallen 20-30%, but popular waifus etc. are not falling. I’m pretty sure this is not true. Almost all of them are falling and if they aren’t, that’s just because they are rare enough that only 1-2 copies are sold every couple of days, so the last available data is not representative.
I.e. Lillie’s Clefairy CHR is down to almost 150k from 500k. Some of the rarer cards only have one or two sales every couple of days, so the decline is not immediately visible, but I’m positive they won’t go for record numbers anymore, either. I highly doubt a 100k USD Lillie sale would happen again in the currently climate.
To illustrate this, I’ve picked some of the most-dealt cards in their PSA10 variants and compared their Mercari sold prices a) before the hype began, b) at the highest point and c) where they are now.
As you can see, the decline is very consistent across the board, though many are still being sold at 2-5x the value from 2 months ago.
Naturally overseas prices (i.e. eBay) are also starting to decline somewhat. No one is buying Espeon VMAX at 1000+ USD anymore.
Some personal thoughts on how it will develop:
I think this is the point where the fundamentals become important. Prices for many modern cards are falling because as soon as a card is sold, another copy pops up. But there are only few individuals who are dedicated enough to pay record prices and they already bought, so naturally prices fall down hard in a short period.
If the card in question would have been indeed scarce (e.g. psa 10 pop of 30 or lower), the achieved record price would have held for much longer because it’s much less likely that another offer pops up right away. And that would have provided much more time for a different dedicated buyer to appear who would buy for a new record price later.
The battle day lillie’s auction got taken down, as well as his account or his page isn’t working it says the ‘we looked everywhere’, screename was damaco32, here is his auction listing, if you look at his sold listings, he sold the same cert lillie for 20k which he reuploaded as an auction. Upon further he wasn’t selling his own slabs but was listing other peoples’ listings, so his account was most likely a scam.
