I think essentially what a lot of the veterans are saying come under the following topics:
Fundamentals of Economics
Fundamentals of Economics applied to the Collectibles Market
I am not a veteran by any means, I only started collecting at the beginning of the year, I got lucky. But I had an understanding of economics, finance and I then studied the collectible markets. If you look in other industries like comic books you can have similar comparisons to what a PSA 9 unlimited charizard is and what a trophy/1st Edition PSA 10 Base Holo is and how those different tier cards can respond differently in the market!
I think the best thing to do is just educate yourself, first in economics, then the collectible markets and you would have a much better grasp of what you are dealing with! Just my opinion though!
Poeple here basing their opinion of the market literally on 1 or 2 sales happening in a couple of days lol. Prices fluctuate, itās not to weird for a Flareon Jungle PSA 10 to sell for 3800 and a couple days later for 3k - especially if itās been sold for 1650 in the same month. Letās not even discuss prices of high-pop cards like Base zard unlimited 9ās, Team Rocket 1st ed zard 9ās etc, everybody shouldāve seen the ādropā and them settling for more realistic prices coming - nothing to worry about
Unrelated question: what would be a fair price for a Stormfront zard PSA 10?
Recently in this thread it was suggested that the Base Unlimited PSA 6-9 populations could double in the next year. I agree this could happen, especially considering the surge in recent submissions.
What Iām wondering is, do you think certain higher value cards will see population growth faster than others? Iām not sure how everyone else organizes their PSA submissions, but to me it seems logical to submit cards at higher service levels if you know for certain that they will be worth a certain amount after grading.
For example, just last week I submitted some cards through Ludkins at the 5-day service level ($60/card). I included a base unlimited Charizard in my submission because I know that Charizard will be worth more than $500 after grading, even if it is graded unusually harshly. Even with slow turnaround times, it sounds like I could get that Charizard back in a month.
If I understand the process correctly, wouldnāt it have been pointless to submit that Charizard at a cheaper service level? I would have had to wait 6-8 months, only to get upcharged by PSA in the end anyway. So it might as well be submitted at a higher service level, right?
So Iām assuming this means PSA populations of Charizards, Blastoises, Venusaurs will grow faster than, say, Magentons and Clefairys over the next year, because more people will submit them at 20-day or 5-day levels. Do you guys think this will be the case?
Well, the majority of people commenting (the last few pages) are people with less than 50 posts, they might be new to the "marketā hence those silly assumptions.
Iād turn into a skeleton waiting for the price dip of psa 8 unlimited Chanseys to influence PSA 10 Shadowless & 1st Ed.
Jungle is another set with a ridiculously large Unlimited print run. I can see Jungle Unlimited holos in PSA 7+ undergoing an irrational price spike at some point if people are priced out of 1st Ed and see āmarket momentumā. But itās not gonna tank your PSA 10 1st Ed. Vaporeon when the dust settles.
I donāt understand the hate. I think all you want to hear is āyes, prices are going downā Is that it? Then let me tell you everything is going down if that gives you peace. Butā¦ermā¦who the fuck cares if the price goes up or down? This is a HOBBY aimed towards children. If you buy it as an investment that is YOUR choice. If you want a financially stable asset, this is not it. Try fixed deposits, government bonds or index funds. If you donāt like collecting or donāt like the prices, sell whatever you have at a loss or profit and move on.
Not hating but stating the facts. Cheers!
I agree, but to be fair to Karma, this is a market thread lol. So I donāt think heās doing anything wrong by stating his opinion on the market (regardless of whether or not itās correct).
Unfortunately heās not trying to state an opinion. Heās trying to get people to say prices are dropping. If he had an āopinionā it would be hey guys I saw x% retrace on x items or x set. Heās just coming back with rebuttals about how people are lying about retraces only in certain instances and how the whole world is crumbling down lol
His observation that certain items are retracing are correct. But heās missing two key facts:
The items that are retracing are items that also just so happened to increase in value by 1000% over the past 1.5 months. The fact that they are retracing is totally natural and he shouldāve expected it. It doesnāt mean that the market is crumbling (unless you bought those items a month ago, in which case it might at least feel that way).
Most sorts of Pokemon cards arenāt decreasing. Heās referring to certain PSA 8/9 early WotC cards that are declining and extrapolating that the whole Pokemon card market must also be declining. The issue is, of course, that heās objectively wrong. Iāve been track of buylist prices on a weekly basis since February-ish, and prices for most sets are still increasing. In fact, every e-Series set and every EX Series set except for one is currently at itās highest buylist price point since I started keeping track. And PSA 10 EX Series cards have gone up substantially, too, and havenāt dropped a penny as far as I can tell. Base Unlimited and Fossil/Jungle/Rocket arenāt the entire Pokemon card market.
You mean the flareon 10 that was selling for around $1250 in late August? Flareon Sale 1 Flareon Sale 2
Oh yeah. $1250 to $3000.
That PWCC auction for that flareon was ridiculous by the way. Jolteon was the lowest somehow when Jolteon is always #2. Vaporeon was actually on point as that one in a 10 is near impossible to find.
Flareon by the way is the leastā¦desired/valuable of the trio by the way if youāre curious. Easiest to grade because of darker background, and people usually prefer jolteon/vaporeon from a popularity perspective. Vaporeon is the most expensive because itās actually low population, difficult to grade, and is popular. So that flareon pwcc auction was a bit of an anomaly.
Thatās why we buy binder copies of heavily printed wotc cards. Graded versions of rarer cards. Or we buy the graded more common cards not caring about the money. If you let the money blind you then youāll never truly enjoy your collection.
Money comes and goes. My collection is here to stay. As simple as that.
Where did this sale occur? At least on eBay it appears that PSA 9 Charizard is still selling over 3k. There havenāt been any recent sales under that value, and thereās an auction ending tonight thatās already at 3.5k. Of course shilling is possible, but 3.5k is consistent with another one which sold for 3.6k earlier today. Regardless, thereās definitely plenty of volatility right now.
