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What Caused the Trading Card Market to Bust?
Posted on 8/15/12 at 7:36 pm
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 on 8/15/12 at 7:41 pm to JabarkusRussell
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 on 8/15/12 at 7:41 pm to JabarkusRussell
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.
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 on 8/15/12 at 8:03 pm to JabarkusRussell
Kids found other things to waste their money on.
Posted on 8/15/12 at 8:04 pm to JabarkusRussell
Over-supply. /thread
Posted on 8/15/12 at 8:16 pm to JabarkusRussell
I don't know but I have every Bo Jackson card in existence,even the error cards, and they are worthless.
Posted on 8/16/12 at 8:01 am to JabarkusRussell
Don West going off the air is what single handedly brought down the whole market
FACT!
FACT!
Posted on 8/16/12 at 8:27 am to JabarkusRussell
The market was flooded. Same thing happened to porn.
Posted on 8/16/12 at 11:04 am to JabarkusRussell
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 on 8/17/12 at 12:06 am to JabarkusRussell
CBS Sunday Morning Story on Trading Card Market
Interesting story that echoes much of the sentiment on this topic.
Interesting story that echoes much of the sentiment on this topic.
Posted on 8/17/12 at 11:06 am to JabarkusRussell
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.
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