I picked a bad time to trade up my binder cards. I assumed I could just buy new ones then sell my old ones to subsidize the majority of the cost. However the pittance they sold for is has, at least for now, discouraged me from the auction format. Fixed price still moves so thereâs no reason to short change myself.
I also believe at this current moment in time the auction format has so many variables that could determine itâs success. I donât know too much about your auctions @stagecoach , but I know Smpratteâs are highly publicized through youtube and other mediums before they end. Also it just relies upon if people search for the specific product youâre selling that specific week. Most people arenât looking for a psa 10 Giovanni Full Art but if advertising reaches enough people Iâm sure someone might get interested because of that. BiN is better in that case because maybe that right person who was willing to pay $200 for a card came along the week after the auction ended.
In the discord a few days ago we were talking about how a psa 10 celebi from skyridge sold on PWCC for $1,000 and an exact same one sold in the same auction block for $700. I believe itâs just a matter of exposure and the algorithm making sure your card reaches the right people.
If only I could learn how to take advantage of that and make sure 10,000 see my auctions⊠LMOA!!!
When PSA was still open I could at least count on eager flippers to compete for my raw cards to make a good margin on a PSA 7 or 8. I think that was probably my biggest customer. I imagine a lot of them have cooled off to wait and see whatâs going to happen next and when PSA will open again. PSA affords the highest premium markup so theyâre probably willing to wait.
I really only sell a few things a month, but I put the money back in to my collection. So when something sells too low, I donât get to buy my stuff as easily. Itâs a bummer, but thankfully itâs not my business and those are the only stakes for me.
I do the same thing and I can 100% see where youâre coming from with people waiting to see how PSA comes out of this. I put a mew prime CGC 8.5 up for auction and it sold for $15. From that day i vowed to never auction again unless I knew it was going to do good.
Thatâs funny because actually i see a âmini droughtâ of certain wotc cards (raw, ungraded). I buy a on a regular basis these kind of cards (mostly everything Neo) and its pretty hard to get LP-NM-M copies of these cards nowadays.
You wouldâve been correct up until fall 2020. Prices were mostly flat until then. But for the past 8-9 months, vintage and RL prices have been going insane.
@zorloth, do we know why that is? Coincidentally, fall 2020 is the time when vintage Pokemon plateauâd, at least from what I can tell. Why would Magic have such a lag in its price development?
I could be wrong, but I think the meteoric rise of Pokemon prices fueled the Magic boom. An ungodly amount of money flowed into Pokemon during the Logan Paul hype â and a lot of that money didnât stay in the hobby for long. Anecdotally: I sold my WotC sets at the peak and put a lot of that money into MTG. I also know someone who sold $500k+ in WotC boxes after they spiked and put it into Magic. My guess is that many people did the same; cashed out of Pokemon and put the funds into Magic. MTG hadnât moved much up to that point â it was a very attractive place to park money.
With the COVID situation improving, thereâs also a lot more in-person MTG being played. Thatâs definitely playing a part â we can see this in the fact that modern constructed staples have increased significantly in recent months, too.
So, yeah: a combination of:
Increased interest and ability to play the game
Large inflow of capital from profit-taking in others collectibles (and Crypto)
Another exclusive English promo. I hope they keep this up and branch out with more businesses. They do this with gamestop, general mills, mcdonalds, etc already but give us someone unique and not a set reprint!
I know a lot of other people feel the same way. Thereâs a pretty large community on Instagram of DPPt-focused collectors, and the popularity of Lv.Xs has steadily been creeping up to the point where certain ones compete with exs in desirability. In a similar vein, Gen IV sealed product has become very scarce; sealed booster boxes are in the mid-thousands for many sets, and loose packs are around $100 a pop. Unless somebody is hoarding a fuck ton of it, there isnât a whole lot out there⊠Iâd be surprised if there are appreciably more MT/SW/GE/MD boxes in circulation than the later RSE sets. And given that the sets are over a decade old now, it seems unlikely that people are sitting on many mint raws.
There isnât really an upshot here other than the fact that based on my stupid, probably dull analysis, those low pops are probably going to stay low. Lv.Xs are increasingly optimized, but the regular holos from the DPPt-era sets are one of very few categories of card that I think are still under-appreciated. Itâll be interesting to see what happens there.