Note that I said you would need $360k worth of 1st ed Base heavy packs, not $360k worth of Base packs, but yes I know I’m nitpicking haha.
Apologies for sidetracking from your main point.
As I said, I do agree with your overall point about Gold Stars.
I should move to Oregon so I wouldn’t have to pay sales tax on PWCC auctions since Oregon does not charge sales tax.
That’s what I do. Shipping all my purchases on eBay to Oregon.
Im all for Price rises as I have a lot invested into Pokemon and have personally benefited significantly from this spike but I have to disagree when you say “this type of price rises has been happening for years in this hobby” I do not believe we have seen such a short rapid spike in the market like this before. Pretty much every card has ATLEAST doubled if not tripled in a matter of less than 5 months. If everyone here thinks Rayquaza is worth the 20k then we’re you buying when it was 7k at the end of last year? Maybe some did the the majority did not think it was “worth the 7k” but now its reasonable for it to be worth nearly 3x as much 6 months later? Doesn’t make sense to me but thats just my opinion. And as I said glad to see the hobby at where it is but sometimes you need to take a step back and just really examine whats going on.
@chris350dx, 2020 might be the highest price spikes on record but if they weren’t then 2016 was pretty close. Within the time period of maybe a year the price went for a PSA 10 1st ed Base Charizard went from like $6k to $40k. The price stayed there for a while (before recently increasing again) but the price never went back down.
That’s not to say that the price of the Rayquaza can’t fall, I’m just pointing out that this type of situation isn’t unprecedented in the hobby.
this type of situation isn’t unprecedented in many hobbies. Up until recently I still had my overstreet comic book price guides from 1991/92. Looking at the prices then versus now… wow. same with MtG. and there is such a thing as inflation in the real economy too.
with rare/scarce items (high grade, limited population) as long as the hobby remains popular (which I would bet on with high confidence) I would imagine the trendline stays up and to the right. could the line take a dip in the near-term or slow down? sure. But I’d bet 5 years from now rayquaza (for example) sells higher than the recent sales we just saw. there are only 44 gem mint PSA-graded copies in the world right now. I don’t plan on selling mine… and that Ray example goes for many other such cards too
I don’t feel the same way about nearly all modern or unlimited cards. and anything past WOTC (gold stars and EX-cards aside, and maybe TRR as a set) seems much more speculative to me. of course there will be some exceptions to everything.
Just open a pwcc vault account. Takes 30 seconds
It’s possible that it;ll get paid for, but the top two bidders on the rayquaza are 100% bid with one being very low feedback. Apparently someone put an offer in for another Rayquaza for $18.3k that was accepted. Considering we still have around 4-8 weeks before things return to normal, I’m sure we’ll see new money pour in and prices keep skyrocketing.
Wow. That makes Rayquaza the second or third priciest set card after Base Charizard (1st Ed and Shadowless) no? I still can’t believe I graded one a 10 from my Deoxys binder set (unfortunately no longer have haha).
To his point, that’s just one very specific, VERY popular and sought after card. Right now EVERYTHING is spiking.
I havent seen too many pwcc auctions go unpaid, have you? been following each one since 2018 and dont often see repeats the next month, at least not enough that I’ve noticed. A psa 10 Ray would certainly be noticeable.
How could you not think significant price rises has not happened on the hobby for years . The biggest and easiest example to point out is the flagship of the hobby, 1st edition base set Charizard. Card has risen substantially over the years and hit price records almost every single time each and every year for the past few years. It’s in a class of it’s own but that type of surge of interest in that card eventually stems to other cards of pokemon that people loved growing up. Availability is limited but buyers interest continues to grow. We are also looking at a pop 44 card when it comes to Rayquaza and some of the best artwork done in the hobby. Did people think it wasn’t worth 7k at the time? I’m sure they did but I also know it wasnt those people who bought it for what it’s valued at now. Value will always be based on buyers consistent trending interest and willingness to pay no matter if people feel otherwise. As is, many people outside the hobby would think we are crazy to place so much $ in cardboard but that doesn’t stop us. We place $ on something because its what we want. It’s not something to overthink. As long as consistent sales are made for a card at the same price or more then that’s market value or new market value.
Out of curiosity what did the base set booster box go for in the end? The link provided for the auction history is not working for me. 
8200 and 8700, IIRC.
This months PWCC should be coming soon, anyone got info regarding cards going into this auction? If im not mistaken a collector i know sent a 1st Ed. Shining Charizard PSA10; other than that, the rest is a mistery.
Edit: Seems like the auction ends on June 28; which means it starts next week. 
yeah it starts on the 19th but we dont have the preview yet of our cards
here the timer
Lol I’m not concerned but a few people in different threads have been asking.
Preview just went up