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re: What Caused the Trading Card Market to Bust?
Posted on 8/15/12 at 7:59 pm to tigerbait4444
Posted on 8/15/12 at 7:59 pm to tigerbait4444
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.
2
Posted on 8/15/12 at 8:04 pm to JabarkusRussell
Yes but once the sports card market crashed the industry as a whole had a lack of demand.
Posted on 8/15/12 at 8:20 pm to JabarkusRussell
quote:
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.
Because cards are only worth what someone is willing to pay for them. Everyone who wants a Griffey RC, has a card by now.
When I was young I collected marvel and basketball cards. I have the entire 1992 Marvel Masterpiece Series with all special cards. In 1992, it was "worth" $500 for the set. Today, you can buy the entire set for $20 on eBay. As explained to me by the local comic shop worker, everyone who wants a set, has a set. There is no demand because supply was so great.
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