The Giant English Market Thread

[sgpokecollect]

@Pbali

@sgpokecollect

*P.S. After the Pokemon Go boom there was a big retracement in prices. I recall it, because mewtwo was selling at 4k++ at that time and psa 10 shadowless were going for 1k++. It’s funny, many were like it’s the new normal!!! it’s the new normal!!! Same exact story of box prices increases and scarcity. Then for 2 years, mewtwo was selling in the 2k arena and shadowless halved across the board. Couple years later they have finally caught up, but those that waited out their purchases until the “boom” was over would have doubled / tripled their money today, while those that bought at the top of the boom, depending on what they bought, could even be breakeven or just a small gain today (assuming they loaded up on shadowless at its peak)

Long and short of it. Bulls will have their day and bears will have their day, and it always comes in cycles. The up and down will forever continue until the end of time. There’s a saying in the stock market, for every transaction, someone thinks it will go up, someone thinks it will go down. Both have been right at different times. Those that keep analysing new information, think hard and try their best to form an impartial view, and keep questioning their own thesis will be most successful in the end.*

A little nitpick, but those mewtwo sales for 4k+ on PWCC never went through. Not saying that there wasn’t a retrace on many cards, however on mewtwo specifically there weren’t any public legitimate sales above 4k at the time.

Alright another example, one of the most important cards in the hobby, psa 10 shadowless zard, went from 3k to 20k and dropped to 12k or something…did i remember that correctly? (@zap2 hope you don’t mind me quoting!)

www.elitefourum.com/t/shadowless-charizard-psa-10-not-20-000/19080/1

***Dec 28, 2017 6:47:29 GMT 8 zap2 said:

So if I had bought the one for $3k last January I’d be up $17,000. (~7x in 11 months, retraced around 40-50% over the next few months iirc)

Had I won the one in June for $5600 I’d be up over $14,000.

If I had bid $1000 more in August I’d be up nearly $8,000.***

www.elitefourum.com/t/prices-plummeting-a-look-at-the-data-shadowless-holos/19742/1

***Mar 12, 2018 15:07:43 GMT 8 zap2 said:

This has to do with all the recent discussion of prices dropping and markets showing a downward trend, specifically with Shadowless since that is my favorite set and the one I pay most attention to…

Gyarados Shadowless PSA 10

19815854 - 06/24/12 - 134.99

20804744 - 11/07/16 - 450

23012983 - 02/05/17 - 295

23303869 - 03/18/17 - 359.99

17996288 - 05/02/17 - 335.71

20804744 - 05/16/17 - 370

27505285 - 07/28/17 - 999.95

26954435 - 08/25/17 - 880

28196074 - 11/29/17 - 1425 (~5x in 9 months, retraced around 50% in next 4 months)

28386743 - 03/11/18 - 685***
and I shall add one more for shadowless gyarados sold recently (it actually last sold three years ago and doubled! but that was right before the boom and the last sold is still below jul-2017 prices, close to three years ago)

17996288 - 04/12/20 - 777.67
www.ebay.com/itm/1999-POKEMON-BASE-SET-GYARADOS-SHADOWLESS-1ST-EDITION-6-PSA-10-MINT-17996288-/202956325149?hash=item2f4123c11d%3Ag%3AU34AAOSwXy5eiTh6&nma=true&si=%252BI%252BIj3g1AsCY7rte%252BPhmuH55NmM%253D&orig_cvip=true&nordt=true&rt=nc&_trksid=p2047675.l2557
*P.S. Slacking off work and quickly shooting some keyboard warrior posts. I know other cards have gone up over the same period, this is just illustrative…but shadowless is an important set and zard is an important card so while they are not completely representative, they do have some representativeness to them

Also, shadowless gyarados psa 10 is pop 57 today. Given where box prices are, probably a hell of a bargain vs the gym set and prices should go up soon if i had to wager.*