Started By
Message
locked post

What Caused the Trading Card Market to Bust?

Posted on 8/15/12 at 7:36 pm
Posted by JabarkusRussell
Member since Jul 2009
15825 posts
Posted on 8/15/12 at 7:36 pm
I loved collecting basketball cards as a kid but then in the 2000s, they all saw their value diminish. What was the reason for this?
Posted by lsu31always
Team 31™
Member since Jan 2008
107746 posts
Posted on 8/15/12 at 7:37 pm to
Internet
Posted by tigerbait4444
Member since Nov 2010
317 posts
Posted on 8/15/12 at 7:41 pm to
Contrary to what most people will say about the economy crash and all that stuff, the real reason for the bust was actually a HUGE growth in the industry...Brands on top of brands were being produced, and a with anything else this waters down the market a causes the value to go down as whole. In the 80's and 90's there were 5 or 10 sets and in 2005 there were probably over 100. Companies drove the industry into the ground by trying to do too much.
Posted by RummelTiger
Texas
Member since Aug 2004
89941 posts
Posted on 8/15/12 at 7:41 pm to
Two things:

1) You had Topps and Fleer, then like 40 other card companies jumped in and started releasing sets every 6 months.

2) Due to that, people stopped giving a shite. It was cool to have one or two different kind of cards once a year - it blew to have 10 cards of one guy every six months.
Posted by xenythx
Member since Dec 2007
32418 posts
Posted on 8/15/12 at 8:03 pm to
Kids found other things to waste their money on.
Posted by MStreetTiger
Dallas
Member since Dec 2007
12403 posts
Posted on 8/15/12 at 8:04 pm to
Over-supply. /thread
Posted by Mr. Tom Morrow
Cosmic Ray's Starlight Cafe
Member since Jun 2012
6847 posts
Posted on 8/15/12 at 8:16 pm to
I don't know but I have every Bo Jackson card in existence,even the error cards, and they are worthless.
Posted by miamitiger
Member since Aug 2011
2010 posts
Posted on 8/16/12 at 7:54 am to
espn hates lsu
Posted by Pilot Tiger
North Carolina
Member since Nov 2005
73162 posts
Posted on 8/16/12 at 8:01 am to
Don West going off the air is what single handedly brought down the whole market

FACT!

Posted by Telephone Tough Guy
Member since Feb 2008
2083 posts
Posted on 8/16/12 at 8:27 am to
The market was flooded. Same thing happened to porn.
Posted by hiltacular
NYC
Member since Jan 2011
19688 posts
Posted on 8/16/12 at 10:54 am to
pokemon cards.
Posted by BayouBengal
Member since Nov 2003
28275 posts
Posted on 8/16/12 at 11:04 am to
As a kid I got tired of every set having multiple subsets of chase cards which could only be found in one or two packs per box. The regular cards were worth nothing. Plus I was getting to the point where I got bored with them. I picked up comics for a while, at least I could read those and then later I got into Magic cards which had both the thrill of collecting plus it was a game so the cards had some function other than to look at.
Posted by flvelo12
Palm Harbor, Florida
Member since Jan 2012
3329 posts
Posted on 8/17/12 at 12:06 am to
CBS Sunday Morning Story on Trading Card Market

Interesting story that echoes much of the sentiment on this topic.

Posted by primemover225
Baton Rouge
Member since Mar 2010
6538 posts
Posted on 8/17/12 at 1:00 am to
eBay
Posted by Zach
Gizmonic Institute
Member since May 2005
112601 posts
Posted on 8/17/12 at 11:06 am to
I've still got over 1,000 cards from the 50s and 60s. But the real value is when they hit the 100 year mark. That will be during my grandson's adult life and he's going to get them all when I pass.
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram