Kudos to your research department. This is information that I didn’t need to know, but it amazes me to see just how much the prices have dropped. Once again, I am a satisfied viewer. Thanks Chris.
The fact that sticks out like a sore thumb: None of these cards are vintage. You won’t lose your shirt on vintage if reselling a card eventually is your goal.
Tulip bulb mania. The prices for basketball was more insane than crazy eddie. Once hedge funds got involved, the prices took off. Too bad we could not short trading cards. Thanks Chris for all you do. I miss the match game microphone.
Definitely a wild time, funny watching people back then on UA-cam speak to the art of what they were doing buying / selling in a hyper inflated market that just went up daily. “Buy the goats” can’t go wrong there, until they are down 80-90%. Similar thing happened with the stock market and meme stocks.
Like others mentioned, thank goodness I only collect vintage. I bought quite a few cards during this time period and nothing I bought has dropped most than 10-15%. Many still have gone up in value, which of course is a stark contrast to these ultra modern. As you mentioned with the Messi card, the pop count went way up, but with vintage pop counts - especially for higher grades - barely move, which makes it much more stable. Anyways, I really enjoyed this video. Keep up the good work!
So I did buy some modern cards during this time. But I bought some cards for 250 that I could buy for 50. And it makes me kind of sick. Could you imagine buying a card for 80k and selling it for 8k?
Great to see this video, Would have been interesting to hear pop counts then and now, also if I remember right you usually mentioned the previous high for that card. I'll have to go back and watch some of those and take some notes.
Like the Messi, and so many sellers who use the word INVESTMENT to help sell there items shows it's a comical statement. This list is mindblowing and I don't feel bad for any of these buyers. Keep up the great work!
So many of us saw this coming. Vintage cards on the other hand………. Nice idea for a video. I think the hobby is being flooded with inventory since that time and we may continue to see downward pressure as the price of everyday goods and services climb. Hold on to your hat.
Yea to see it all on video paper is very sobering to see the 80%+ drops in values across the board post corona especially in the high end basketball. Montana auto was neat too see.
I’ve been out of the hobby since 2010 just sitting on my collection and just starting looking at card prices last year. I never seen a time where prices nosed dived like it did last year on high priced (over priced) cards….and Joe Montana has earned the right to sign his cards any way he wishes!
Its always like that, same with cars, gaming stuff, pokemon etc bc they are the head of the hobby, all these new card gradings etc so worthless tbh... people just do it bc they think this shit will rise
Great video Chris!!! Congrats to that research department for a job well done!! Amazing to see that someone is really upside down in these cards. I wonder if we will ever see that kind of a price boom again...not likely!
The Lebron James 2003 Topps Chrome Refractor PSA 9 drop of 86 or more percent most amazing to me. I always think these semi-modern 20-25 year old cards in PSA 10 get to be so overvalued in relation to the PSA 9 Mint cards of the Star Players in their sport. The Well Centered PSA 9's seem to be the Deal to me in these hard to mint anyway cards. One of the more interesting card vids seen in awhile. The 2021 to 2023 comparisons really give you pause.
A PSA 8 Kobe Bryant Rookie from Skybox E-X could be bought for $500 during the same time that a PSA 10 sold for $23,400. Crazy to think the premium that people would pay for a base card in slightly better condition
The only card I bought that I regret during the boom was a Kobe Bryant rookie but it was PC so I just should've waited another year instead of buying it when I did in 2021. Just glad I also bought sealed wax and some vintage to balance things out a bit.
Hey chris I’ve been a subscriber for about two years and I never leave a comment just a like on all videos great job by the way. But as I’m listening and watching I never realized that you and Messi look just like each other like brothers 😂 that rookie card you showed I was like what the heck that’s chris 😂
Awesome! Job. This proves what I was saying back then when guys were buying and holding cards. Flippers are the best because we're not paying a ton of money for cards just to lose in the long run. Get those cards sold guys.
Buying signed vintage two years ago of all time greats has worked out pretty well. For example, ‘58 Topps Jim Brown PSA 2 AUTO 10 bought for $1,150 sold for $4,200, ‘65 Topps Joe Namath PSA 2 AUTO 10 purchased for $2,195 (had offers for $6,000) and ‘55 Topps Sandy Koufax PSA 3 AUTO 10 bought for $3,190 (offers at $7,000) all seem to have worked out ok so far….
Am I the only one that sees the irony in the market liking regular rollers so much better than high rollers that it literally transformed cards from one list to the other?
I was watching another channel that did something similar and vintage has/did drop but I don't think by so much. Everything is down but vintage "least" down.
Dang bro you got a picky grader! I submitted 21 cards too psa couple months ago i got 15 10's, 5 9s and 1 5er I put a little video reveal up also I will definitely be sending more in
It's not enough to make a High Rollers either in 2021 or 23, but the 2011 Trout Update has fallen through the floor. People were paying above 3k for PSA 10, now less than half that.
Chris do think the price gap between psa 9 and psa 10 will ever be shortened because a lot of the numbers do not make sense. This is an extreme example, but I just saw a 1990 impel wolverine holo psa 10 sell for 7000. 5 days later psa 9 sold for 185. Some modern cards you can get 6-7 psa 9's for the price of 1 psa 10. Thanks for all the great videos.
My feeling is that the card boom was like an addiction that only cards could soothe. Now we went back to other things but the possibility exists that we may relapse at some point.
modern cards are nothing but prospecting on hope for the future , if your buying just to collect and have vintage will always take care of you .. If you have a favorite player or sport now you can go with that but would suggest you start light .. Jordan will always be a good buy .. I'm collecting a 1950 bowman baseball high end set .. Those values have all increased in the last couple years . esp with vintage condition is king .
I’m I the only one who believes not all these sales were real? It’s not that difficult to manipulate the market...I believe that was done on many of these cards.
I would bet that PSA is influencing BGS out of business. BGS seems to have much higher standards than PSA with more consistent grades, sub grades and a sturdier holder. I don't understand why they are losing business.
What % of these drops are due to the effect of Beckett falling out of favor with collectors? Clearly it’s mostly due to the market cooling off…but do you attribute any of the “lost value” to the grading company?
That Messi probably dropped because the market got educated. That's not Messi's rookie. He has two rookie cards and one sticker that are his real rookies.
Think it's fair to say that despite the crazy drops in value, all these cards are still way up from say 2018. You can't time the market but that doesn't make sportscards a bad investment. Just buy what you like and use your head. Oh and eat your vegetables.
So much pump n dump, obvious with the basketball, F1, soccer, sports illustrated for kids, and then NFTs. I sold almost all my basketball cards (kept a Magic rookie, one Kobe rookie). Glad I'm not sitting on a LeBron black refractor....
This is what happens when "investors" and speculators start to leave a hobby. But prices are still way too high on modern cards. Take the 2011 Topps update Mike Trout rookie selling for around $1,700 in PSA 10. Great player, but the card is common as dirt. There are almost 6,000 of them available. Sorry, but there's no way that card is worth that much money when you consider how common the card is in that grade.
The current prices for these are funny and too high (9 grand for Kahwai anything.. pff lol). People who bought at the top of the market two years ago are funny and probably high. This is all very odd that auto/patches of players who aren't going to be any more relevant than say Patrick Ewing or Shawn Kemp in a decade went for the cost of a house was indicative of something really fundamentally off.
Nothing like some major loss porn to start a Wednesday. Not that I wish badly upon anyone, but it makes me feel better about some of my major losses haha
2 things stick out, no baseball, and these cards were all ones that the COVID flippers/collector's were going after. Cards like what Gary vee were pumping
Kudos to your research department. This is information that I didn’t need to know, but it amazes me to see just how much the prices have dropped. Once again, I am a satisfied viewer. Thanks Chris.
The fact that sticks out like a sore thumb: None of these cards are vintage. You won’t lose your shirt on vintage if reselling a card eventually is your goal.
Tulip bulb mania. The prices for basketball was more insane than crazy eddie. Once hedge funds got involved, the prices took off. Too bad we could not short trading cards. Thanks Chris for all you do. I miss the match game microphone.
You gotta be a New Yorker to get the reference to Crazy Eddie. His prices were insane.
So many pop culture references of a certain age in this comment. Love it!
@@stevenkicinski9619 not really
Thx. Would be interesting to see how vintage baseball has fared over the last 2 yrs.
Don't sweat it...Phoning it in is making a come back and tidbits are always welcome 👍
What sticks out to me is that even as much as these cards have dropped in price is that they're _still_ way overpriced.
All depends of the rarity.
6 of the 10 were sold by PWCC and 3 by Probstein.. makes total sense..
Definitely a wild time, funny watching people back then on UA-cam speak to the art of what they were doing buying / selling in a hyper inflated market that just went up daily. “Buy the goats” can’t go wrong there, until they are down 80-90%. Similar thing happened with the stock market and meme stocks.
Love the self deprecating humor Chris, Thanks for all the great content!
Two years ago I was selling 1990 Skybox and 1990 Fleer Michael Jordans raw for $20 apiece.
Like others mentioned, thank goodness I only collect vintage. I bought quite a few cards during this time period and nothing I bought has dropped most than 10-15%. Many still have gone up in value, which of course is a stark contrast to these ultra modern. As you mentioned with the Messi card, the pop count went way up, but with vintage pop counts - especially for higher grades - barely move, which makes it much more stable.
Anyways, I really enjoyed this video. Keep up the good work!
So I did buy some modern cards during this time. But I bought some cards for 250 that I could buy for 50. And it makes me kind of sick. Could you imagine buying a card for 80k and selling it for 8k?
Great to see this video, Would have been interesting to hear pop counts then and now, also if I remember right you usually mentioned the previous high for that card. I'll have to go back and watch some of those and take some notes.
Like the Messi, and so many sellers who use the word INVESTMENT to help sell there items shows it's a comical statement. This list is mindblowing and I don't feel bad for any of these buyers. Keep up the great work!
So many of us saw this coming. Vintage cards on the other hand………. Nice idea for a video. I think the hobby is being flooded with inventory since that time and we may continue to see downward pressure as the price of everyday goods and services climb. Hold on to your hat.
That was a fun look back! I liked that format!
Yea to see it all on video paper is very sobering to see the 80%+ drops in values across the board post corona especially in the high end basketball. Montana auto was neat too see.
"Before I started phoning it in" hahaha! You're the best
I’ve been out of the hobby since 2010 just sitting on my collection and just starting looking at card prices last year. I never seen a time where prices nosed dived like it did last year on high priced (over priced) cards….and Joe Montana has earned the right to sign his cards any way he wishes!
Vintage cards continue to rule.
The back bone of the hobby ..
Funny how 1989 is considered vintage... damn I'm old. 😄
Its always like that, same with cars, gaming stuff, pokemon etc bc they are the head of the hobby, all these new card gradings etc so worthless tbh... people just do it bc they think this shit will rise
Seeing these new lowered prices hurt my heart.......😢😢🤦♂🤦♂
Great video Chris!!! Congrats to that research department for a job well done!! Amazing to see that someone is really upside down in these cards. I wonder if we will ever see that kind of a price boom again...not likely!
Was starting to think I was an idiot for sticking with vintage 2 years ago - glad I stayed true to what I enjoy.
The Lebron James 2003 Topps Chrome Refractor PSA 9 drop of 86 or more percent most amazing to me. I always think these semi-modern 20-25 year old cards in PSA 10 get to be so overvalued in relation to the PSA 9 Mint cards of the Star Players in their sport. The Well Centered PSA 9's seem to be the Deal to me in these hard to mint anyway cards. One of the more interesting card vids seen in awhile. The 2021 to 2023 comparisons really give you pause.
What sticks out to me is just how much Chris' hairstyle has adjusted since the boom. #fluctuationuptop :) Love the video as always good sir,
It’s crazy but there are companies on the S&P 500 down more than some of these..other assets too. So much down at the moment
A PSA 8 Kobe Bryant Rookie from Skybox E-X could be bought for $500 during the same time that a PSA 10 sold for $23,400. Crazy to think the premium that people would pay for a base card in slightly better condition
100% agree. I’d much rather have a lower condition credentials or other SP or numbered Kobe rc card
The only card I bought that I regret during the boom was a Kobe Bryant rookie but it was PC so I just should've waited another year instead of buying it when I did in 2021. Just glad I also bought sealed wax and some vintage to balance things out a bit.
Hey chris I’ve been a subscriber for about two years and I never leave a comment just a like on all videos great job by the way. But as I’m listening and watching I never realized that you and Messi look just like each other like brothers 😂 that rookie card you showed I was like what the heck that’s chris 😂
Awesome! Job. This proves what I was saying back then when guys were buying and holding cards. Flippers are the best because we're not paying a ton of money for cards just to lose in the long run. Get those cards sold guys.
Very interesting and well done video! Low numbered RC's and high grade/RARE items will continue to keep the top spots.
Buying signed vintage two years ago of all time greats has worked out pretty well. For example, ‘58 Topps Jim Brown PSA 2 AUTO 10 bought for $1,150 sold for $4,200, ‘65 Topps Joe Namath PSA 2 AUTO 10 purchased for $2,195 (had offers for $6,000) and ‘55 Topps Sandy Koufax PSA 3 AUTO 10 bought for $3,190 (offers at $7,000) all seem to have worked out ok so far….
Great video idea! Tiny mic flashback. McMullen rookie stays strong!
I know it would not be a “High Rollers”, but I’d love to see a similar video with “vintage “ cards, however you want to define that yearn.
Am I the only one that sees the irony in the market liking regular rollers so much better than high rollers that it literally transformed cards from one list to the other?
"that was before i started phoning it in" LOL
the same people paying those prices were buying Tesla stock at $1,000. Tesla is worth about $50 pre split, so today approx $16.33
Funny "Mailing it In"
Older, rarer, minter, better. :) Great video.
Pretty amazing. Early 2021 was a heady time.
You have creative concepts for videos, good stuff
Like housing and the stock market....you gotta ride the long term wave.
😆"since I started phoning it in" haaaaaa ... the first step is admitting to the problem.😄 nice channel,, good content
Incredible- the precentsges dont do them justice- the dollar value lost is insane
Really cool spin on it this week, Chris. I really love it when you don't phone it in.
Would love to see if vintage dropped at the same rate. I doubt it, but it would be cool to see the data.
I was watching another channel that did something similar and vintage has/did drop but I don't think by so much. Everything is down but vintage "least" down.
@@RawGradeFlip Vintage is up - not down.
Dang bro you got a picky grader! I submitted 21 cards too psa couple months ago i got 15 10's, 5 9s and 1 5er I put a little video reveal up also I will definitely be sending more in
It's not enough to make a High Rollers either in 2021 or 23, but the 2011 Trout Update has fallen through the floor. People were paying above 3k for PSA 10, now less than half that.
Chris do think the price gap between psa 9 and psa 10 will ever be shortened because a lot of the numbers do not make sense. This is an extreme example, but I just saw a 1990 impel wolverine holo psa 10 sell for 7000. 5 days later psa 9 sold for 185. Some modern cards you can get 6-7 psa 9's for the price of 1 psa 10. Thanks for all the great videos.
I really dont know but historically, the gap has always been widening between 9s and 10s
Awesome video. Thanks, Chris!
So if the Kobe E-X2000 RC, is $20,000+ in a PSA 10, then what is my PSA 8 worth? $2500? It did sell for $1240 in 2021.
My feeling is that the card boom was like an addiction that only cards could soothe. Now we went back to other things but the possibility exists that we may relapse at some point.
What were the prices of these cards in February 2019?
That Rock card is worth 5$ in my book
Remember “record demolisher” “record annihilator” etc….😂
just getting into investing into modern cards , you guys think it’s a good time to start buying ?
Just buy SCHD and VT bro
modern cards are nothing but prospecting on hope for the future , if your buying just to collect and have vintage will always take care of you .. If you have a favorite player or sport now you can go with that but would suggest you start light .. Jordan will always be a good buy .. I'm collecting a 1950 bowman baseball high end set .. Those values have all increased in the last couple years . esp with vintage condition is king .
Which card on this list has the best chance to "bounce back" to the Feb 2021 price range?
None. 100% guaranteed.
I’m I the only one who believes not all these sales were real? It’s not that difficult to manipulate the market...I believe that was done on many of these cards.
What I find most interesting is that 9 of the top 10 are basketball. Speculation.
A lot of really wealthy people lost a lot of money. I wonder if some of them woke up and switched to vintage which is much more stable
Those are some hard hits if you bought the top.
Never ever believe ebay prices especially Probstein auctions
🍿 🍿 let’s go! Been waiting for the new episode!!
Almost time to buy just a lil longer
Great idea!
GREAT STUFF, CHRIS!
I would bet that PSA is influencing BGS out of business. BGS seems to have much higher standards than PSA with more consistent grades, sub grades and a sturdier holder. I don't understand why they are losing business.
Great video. One note: the Messi sold comp for 2021 shows $87,500, but you based the calculation on $65k.
great video Chris
Ty CS!
Awesome show 😎
I preferred the hobby when my collection was at Feb 2021 prices . Wa wa wa
What % of these drops are due to the effect of Beckett falling out of favor with collectors? Clearly it’s mostly due to the market cooling off…but do you attribute any of the “lost value” to the grading company?
Some of if for sure. Beckett has taken the biggest hit over the past couple years
@@collectorinvestordealer Thanks Chris for the fast response.
Thanks for the video
That Messi probably dropped because the market got educated. That's not Messi's rookie. He has two rookie cards and one sticker that are his real rookies.
Think it's fair to say that despite the crazy drops in value, all these cards are still way up from say 2018. You can't time the market but that doesn't make sportscards a bad investment. Just buy what you like and use your head. Oh and eat your vegetables.
“Perfect”
So much pump n dump, obvious with the basketball, F1, soccer, sports illustrated for kids, and then NFTs. I sold almost all my basketball cards (kept a Magic rookie, one Kobe rookie). Glad I'm not sitting on a LeBron black refractor....
I have to be the only one, but I actually prefer regular rollers to high rollers
I hope my beloved Phoenix Suns get more value out of its Kevin Durant investment than card collectors did.
Biggest increases in card list?
This is what happens when "investors" and speculators start to leave a hobby. But prices are still way too high on modern cards. Take the 2011 Topps update Mike Trout rookie selling for around $1,700 in PSA 10. Great player, but the card is common as dirt. There are almost 6,000 of them available. Sorry, but there's no way that card is worth that much money when you consider how common the card is in that grade.
There will be a documentary one day on how many people lost their shirts during the pandemic on bad investments. "Smartest guys in the room 2"
Still waiting on that Time Machine…
I thought for sure Tom Brady would take the #1 spot for biggest profit lose. 😅🧐💸
The current prices for these are funny and too high (9 grand for Kahwai anything.. pff lol). People who bought at the top of the market two years ago are funny and probably high. This is all very odd that auto/patches of players who aren't going to be any more relevant than say Patrick Ewing or Shawn Kemp in a decade went for the cost of a house was indicative of something really fundamentally off.
You should have just titled this video “Ouch” for all those that lost.
Did Eagle Eye Joe get the grades on the Beckett cards?
The ultra modern, is just too volatile and greatly inflated. Vintage is safer, secure and proven through history to be, a smarter buy.
Buy High, Sell Low.
That messa said it sold for $87k? But you put $65k. Did I miss something ?
It was listed for $87K but sold as a best offer for $65K
@@collectorinvestordealer I figured I was missing something. You are a pretty thorough person. Thanks for clarifying.
Why would anyone pay 61k today for 3 mid QBs
Nothing like some major loss porn to start a Wednesday. Not that I wish badly upon anyone, but it makes me feel better about some of my major losses haha
I should have sold my LeBron rookie cards during the COVID peak...oh well, at least I didn't lose 50 K 😐
INVEST in BASEBALL.
Collect for fun, everything else.
2 things stick out, no baseball, and these cards were all ones that the COVID flippers/collector's were going after. Cards like what Gary vee were pumping
It might just be me lol
how about a video - 10 cards you wish you had sold in the past two years
Think the card boom was mostly supported by younger people who gravitated to basketball…
Amazing how much money people spend for pictures of tiny men on cardboard encased in plastic