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re: What Caused the Trading Card Market to Bust?
Posted on 8/15/12 at 8:18 pm to RummelTiger
Posted on 8/15/12 at 8:18 pm to RummelTiger
quote:
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.
Perfect explanation.
Posted on 8/16/12 at 4:24 am to Mr. Tom Morrow
quote:
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.
This is a good explanation, but not quite the full story. I owned a comic book and sports card store in the 1990's. When people were getting cards to collect them, it made a stable market. But once the cards started having value it became a speculators market where people were buying cards to try to make a quick buck. Once people started collecting them for the money rather than for their own sake there was nothing to support the prices and the market collapsed like a house of cards (pun intended).
On a side note, magic cards were awesome! It was like selling crack to junkies! Easy money!
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