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re: What Caused the Trading Card Market to Bust?

Posted on 8/15/12 at 7:41 pm to
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 Zamoro10
Member since Jul 2008
14743 posts
Posted on 8/15/12 at 7:43 pm to
Yeah but growth caused Tulipomania.

The big cards reached all-time high selling prices and a crash is usually followed by that.
This post was edited on 8/15/12 at 7:44 pm
Posted by RummelTiger
Texas
Member since Aug 2004
89941 posts
Posted on 8/15/12 at 7:48 pm to
quote:

Contrary to what most people will say about the economy crash



The card market tanked way before the market...market.
Posted by JabarkusRussell
Member since Jul 2009
15825 posts
Posted on 8/15/12 at 7:59 pm to
I get that for cards from 2000 and beyond but what about older cards? I mean you can get a Griffey Rookie Card on ebay for just $20 now. It use to be over $100. It's not like they suddenly started making more Griffey RCs.
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