The Crashing Sports Card Industry :(
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- Опубліковано 4 лип 2024
- The sports card world is in a sad state.
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tay tay chiefs 📈all other "sports" 📉
It’s become a game of hot potato. Don’t be left holding when the music stops.
My advice to anyone looking for singles right now would be to befriend a few people addicted to ripping wax and/or group breaking and are looking to unload their hits for rent and grocery money.
This has been my observation…. Barely any cards hit in breaks are held onto… most people just automatically try to flip it for any amount they can
I've been in the hobby since 91, I've seen it in its death throws and then pandemic. I hope it tanks again so I can buy what I want and not have to bid against flippers
Right. I almost feel bad for "investors" who lost their asses on some of the cards they bought but not bad enough to not lowball the hell out of the for a card I want that was overpriced during the boom
@@johnm1008 this is why investing in cards is unwise
why I see many people still making money？I guess u just have to be smart and time your purchase and sales really well.
@@cly2830301 there will always be people that make money in the hobby, like dealing in older hall of famers. These flippers are getting wrecked because they speculated on rookie qbs, pay for them like they're Brady
2 things the Fields "collector" did wrong.
1- "invest" in Justin Fields
2- bought exactly ZERO key cards
Great plan.
You mean they should have invested in will gre. Gra grr. grear?
@@vuelee5313 yes.
And did you have a stroke?
Everytime I see your username mate I love it. Who could think Derek’s name could be one upped haha
@@DanTheCardMan2 Thanks, bro.
The MoreDishesMoreBishes has a following. Dumber name but I like that he uses an exaggerated pic of Derek's dirty bulk. Lol
Nothing beats muff, though
I have been selling a ton of low-end cards. The industry is actually collectors and hobbyists once again.
Lol
Nature is healing 🥰 lol
My local Walmart just began selling cards after taking them off the shelves for 2-3 years because of fights/ scalpers.
They didn't take them off the shelves , they just kept them and scalped them themselves.
As a collector i love it when prices go down. I dont care what my collection is worth. I just want to buy cards cheaper. Blaster boxes and hobby boxes will have to come down. Who would pay todays prices for anything new unopened with what the singles are worth.
Unfortunately, I still love going to Target or Walmart and picking up a box once in awhile. I know I'll never get anything but I care so much more about the feeling of ripping new cards, regardless of value. Happy I've never been interested in flipping and just buy for my PC's. Don't care what my cards are worth. Love looking at them
The random "Fleeeer" thrown in sometimes always gets me 😂😂
The best.
Laugh every time
Rofl it's true. Good stuff.
When all of the "investors" and "influencers" leave the hobby, we will be all better off. Well, except for missing the comedy they inadvertently create.
I can say that the world of vintage collectors has never been better. I was priced out of last night's REA vintage because prices in the pre-War and oddball vintage world are very strong, almost too strong.
Harry Hardon cards are on fire
The sport card world has always and always will be full of scammers, been like this for the 40+ years I collected
Two words
Will Grier
As a 12 year old I will make sure that sports card investing wil STAY ALIVE!!!
The “ I have a gift for you” clip is pure gold 😂😂😂😂😂😂😂😂😂😂😂😂😂😂
Very strange indeed. I always got the Teletubbies touching each other vibe off of that clip. 😳😬
I can’t wait to go to a local card show in 2025 🎉
If they even exist still 😂
love that I'm a player collector who still loves my cards and talking about them because I NEVER care about selling them. Just having them! It's the way to be! Hope it keeps tanking so I can get the rest of my guy's cards for less!
When a retail blaster went from sub-$20 to $40 it stopped being fun for me.
This shouldn't surprise anyone that's been in the hobby for years. The pandemic boom was a once in a lifetime perfect storm of events that sent cards to the moon. Guaranteed to collapse big time. These periods of hype and mania with collectibles creates a brief period to sell and make a lot. Followed by years of declines its not surprising and will only worsen.
My Mistake in years past was thinking it was in decline .When in reality we were moving on to the next stage
Why the hell are PSA and Beckett still charging ridiculous grading fees? Most of the graded cards sold for under $20 on PWCC last night.
forget 20 bux, ive bought already graded cards from psa and bgs for 5 bux or less 🤣🤣
SGC is 15 a card and takes like 2 weeks to have them back in your hands.
@@darrenehrlich That's still too expensive and SGC slabs are now worthless. Brent Martin is useless in customer services. They will be out of business soon
@@Alma-B Haha, same here. It's a no brainer to just buy graded cards are not submit cards for grading. You're just throwing money away.
I got a graded Montana chrome rookie reprint/auto for less than 20 bucks yesterday. It's getting rough out there
Well... You can only pump and dump so many times. Eventually, the suckers' money runs out.
I haven’t bought any sports cards in like 6 months, even retail is so expensive that it’s just not fun, so I’ll just wait for single cards I want to drop down in price
I've been buying singles for the last year now. Buying boxes isn't worth it most of the time. I'll buy a blaster or hanger once in a while just to see what I can pull for shits and giggles
Same thing I've been doing, buying to break is dumb af in my opinion
Justin GG biggest scammer out there so much so that he got called out and disappeared
Lol, he said no need to force content. He hasn’t disappeared. His discord went free and it went up more than 2x. He also addressed the video outright and said the dude made good points. Crazy, I know.
@@ohhhitsmee he made the discord free while not refunding people that paid annually
@@relaxworld7486 why pay annually for something that he said was basically an experiment. He said he has never tried to run a discord or anything, so that usually means it won’t be all that successful. Whose fault is it really, that you paid for a full year instead of doing the monthly? Paying annually saved you less than 3 per month. Did you pay annually?
@@ohhhitsmee i never joined his discord, the facts are people paid annually and now it’s free so the ones that paid annually lost
@@ohhhitsmeeI see that you are a fan of that scamming Peter Pan..
I will NEVER INVEST IN WANDER FRANCO OR IN THE WNBA EVER AGAIN! MOCK MY WORDS!
Word on the street Wander is gonna be A-Okay, invest him now is the best time ever
The biggest scam on whatnot is cardboard 47, he has a bunch of friends that bid on the items if it dosent go for the prices they want
Yeah that guy roto is annoying as fuck
I have been in the hobby since 1970 and this is exactly why i am a COLLECTOR and not a sports card investor. Sports cards where meant to be collected. I had no idea that their values would be what it is today. People have turned this hobby into a investment hobby instead of a leisure hobby. Go figure if you can make money by sitting on your arse and doing nothing then why not.
I think the one area of the hobby that is still going strong is vintage. Sure there has been a softening in vintage prices, but a lot of vintage collectors I know including myself are enjoying picking up cards for a lower price than 2 years ago. We may be a small part of the overall hobby (at least on UA-cam), but we are still enjoying the hobby and having fun. 😊
Agreed! 😊
Yes, indeed!
That is the true spirit of the hobby
The hole business is a scam!! Card market is out of control
“I did send him a Bolt Up message this morning to hopefully lift his spirits” Fucking Savage 🤣🤣🤣🤣
What a sucker if that guy didn't sell already. Buying and holding any expensive card is often real dumb. A few players may go up but most won't. Most you'll take a bath on. Should be common sense but hey every one has to learn at some point.
@@sarahandbrettSCAM Buy high/sell low, sounds like the perfect strategy
I asked COMC if this was the pentagon or a card website 😂😂
When panini is charging $750 dollars a box that only breakers can afford, you have a bubble. As soon as breakers stop, the hobby can become accessible again to regular joes.
Good. I’m not in this hobby to make money. I’m in it to spend money. And the cheaper the better.
I ain’t paying $500 for a piece of cardboard with a sticker on it
With SCR, it’s all about the Vibes!
If everything is dead and declining, how come I still lose on 98% of auctions I bid on? Feels like the whole hobby is messing with me
You are competing against me when you bid on those Will Grier cards. That's why.
I stopped bidding on eBay auctions a few months ago when I lost and then something shady happened.
I lost bidding on a Tom Brady rookie PSA slab. I noticed a week later that the same slab was up for auction (I checked the PSA verification number). I DM’d the seller and he said the winner of the auction never paid, so he re-listed it.
The problem is that auction sale was still on eBay so the comps were higher. It made me wonder how many times does this happen in an auction to pump up the comps?
@@BobBoozle my pops right. there's always someone with more money and balls out there.
@@chrisolivo6591 yes, see these all the time. one of the reasons i don't yolo bid. my be my last one 🤣
Bargain hunters are having a great time, overall trend still down though
I’m having a blast in the hobby, I don’t ever seeing that changing.
Same! Love it
Thank you for calling out COMC lol…. They need to change it back!
You know for me, it’s all about the vibes.
Printing money and inflation is a bitch. I’m only grabbing who I like.
I agree Fanatics can't 10x the hobby without gambling and celebrities. They will have to artificially create excitment.
They need to hire the Hooters girls to do the breaks.
It took for me to see this video to remember people invest money instead of just buying players they enjoy watching
Sports card market dead for the third time. Get the F out now. Save your money for food and gas people 😊
I sold my small collection and will never buy into breaks again. I would buy to flip only
Who cares ? I collect vintage . You all act like everything is going to $0 as long as you weren’t dumb and bought in during pandemic highs it’s fine to sit back and still enjoy the hobby
@@zachpierce641agreed. What some people mean is the hobby is crap because they paid to much during pandemic boom and now they are back in reality .
@@williamdunlapwaxnews I agree, when people try to say it’s dead. I just think man it’s not even close to normal yet haha
Justin gambo gambo became Justin scamble scamble and now is known as Justin scramble scramble
98$ is a great buy if you like barry worst thing that happens it declines in value and you still have a sick card you paid 98 for
The edits on this video have me dying laughing right now 😂 “flipperrr”, “I have a gift for you”, “hello”, “fleeeer” lol they’re are all bangers!
I saw Justins youtube content once and my only question was how much xanax is this dude snorting before he records himself 🤪
I mean it only makes sense that the industry would plummet in value across the board. Prices have been inflated since 2020 and now we are starting to finally see realistic prices for specific cards. Not only that, but the current economic situation this country is in does not help the market. Most people are not willing to spend a bunch of money on cards when they need to pay higher and higher prices for things like groceries and gas. Also, at least for the baseball market, I would say that the gradual decline right now is in part due to the season coming to an end, as all sports see this decrease in value as they go out of season. Football, on the other hand, has decreased even with the season starting. People realized that football cards were way too expensive and here we are. Basketball, same thing. Prices were too high and now they are decreasing. The industry overall, will continue to decrease, but once the economy improves or a big player turns up in whichever sport, we can expect to see an increase. Remember, it’s like a stock. It goes up and down with time and current events. Don’t think in the short term, think in the long term if you are trying to invest.
Edit: Think in the short term only if you’re trying to really quickly flip cards. Personally, for baseball, I’m looking potentially at Brendan Donovan, as his cards are cheap and he may get traded to a bigger team. There was an article mentioning that he was a good fit for teams like the Yankees. If he joined the Yankees, that is a huge market increase for his cards. But of course, remember to diversify, don’t just buy one player.
Cards are not anything like a stock. A card is collectible with no real value. Skyrockets in a brief period of hype / mania and many go down forever. Its a hobby to collect. A Stock is an investment in a company that does something. Has real value. Pays a dividend. Stock market over time as a whole always goes up and you'll be fine in one of those total market or SP500 funds etc. Nearly all cards bought recently will keep going down and wont go back up. They'll never even get close to past highs. Outside of a few cards are rare exceptions. The stock market is an investment you're making as you expect to make money over the long haul and you will. A card is a collectible to enjoy with no expectation of future profits its just a hobby to have fun. This a major problem that many recently ran into they didn't understand and sadly learn the hard way.
@@sarahandbrettSCAM yes, it is much more of a hobby/collectible which is how I treat it. But for someone like Ohtani, he was basically his own stock. Mike trout cards fluctuated like a stock for a long time. Now they have gone down and are unlikely to return to the prices they once were. There are stocks that have high points, decline and never go back up. Disregarding the original hype of a card, yes they do move up and down in price like stocks. Of course they are never worth what they were during the initial hype period. But regardless they are very much like stocks for the cards that are valuable/rare. Player plays well or does something impressive, they go up. Do something bad like Wander Franco or play like trash, prices go down. Stock market moves up and down too lol.
@@sarahandbrettSCAM I do agree with you though that many didn’t understand cards and looked at them solely to make money. That’s what 2020 brought about and now we are seeing the effects brought on by a multitude of different factors. I personally started collecting about a year ago. I bought cards I liked, and I bought some that I thought would become valuable. Some of course don’t work out, but there are others that are worth more now than when I bought them. Of course they may go down, but in the case that they remain up, I’m going to sell my investment and make money.
That Justin Gamble fella is always sweaty and fidgety. Hmmm..wonder why😎
Bad crack habit
This hobby is just that - a HOBBY. Only a very small number of people will be able to make money on it, just the same way that only a few people who do woodworking or videogaming or whatever will ever make money. I say this again and again in my videos: Do it for YOU, not for your your wallet, and you'll be a lot less stressed and a lot happier.
Prices are still high for boxes though, still need to go down. Everything needs to crash so the hobby can heal and build back up.
Yup, quality will go up and smaller print runs.
They will
How much do you let the market drop before you start buying again? The ideal situation being buying low now, then selling high when the market rebounds. How much lower do you think it will go?
Love your videos because you're one of the only ones being realistic about the card industry right now.
It also doesnt help a kot of the " stars " getting hurt , healthy sitting , suspended, beating women, etc etc ... The ghettoness has taken main stage . Hard to invest in thugs
The horrible economy isn't helping the industry
“The Phillip Rivers guy flexes too” 💀💀💀💀💀💀
ANYONE who watched Justin Gamble for a couple episodes, KNEW bad things were coming
I was quarter of the way through ONE and thought that
I am putting away my cards and transitioning to a buyer not a seller. Keep tanking please!
These short form vids are pure gold 🥇
Thanks for all the information. 😊
Just found you today and subscribed. Great video. I hope cards can finally move back in the hands of the colector and not in the hands of the rich. I've collected since 2009 and make good money but I'm smart with my money so when boxes of cards went from $110 to $500 with only 2-3 autos in the box I quit buying. I went to retail or buying only 1 box a month that cost less than $200.
I am not a fan of breakers but to get some of the rookies and players I wanted I was forced to get in a few breaks. I can say that I did hit a few bangers too which was pure luck.
The hobby is probably great for true collectors. Remember it was a hobby before a business. Those that jumped in during the pandemic/boom need to go.
They're leaving by the day
All you have to do is go to any sports card show to see that the industry is in free fall. Every single table outside of the couple of tables ran by old-timers with baseball cards from pre-80 are filled with the exact same thing. Boxes and boxes of modern crap, both base and "color" for 10 cents - 25 cents, and a few glass cases with the same 20-30 players with autos and non-player worn swatches with absurd prices on them. Although if you want a deal, they are there to be had, especially with cards that aren't in the glass case.
Went to a show a couple months back, and spent $40 for 1k cards with UNC players for my nephew. Almost all modern cards, color, numbered, and even 3 1994 Finest basketball refractors that accidentally fell out of the box and into my collection. Got the sense from the guy that if I could have bought out his entire non glass case stock for a hundred bucks or so.
Totally agree
I personally don't care about the sport cards industry because it doesn't care about me.
I collect because it something I enjoy to do. 😂😂😂
What a great episode, good stuff
Thanks for bringing up the ComC login, I’m glad I’m not the only one who wants to quit the hobby due to this.
One individual commented, It's a Hobby!!..WE LAUGH!!!!... Besides my mom saving ALL my cards, after I had flown the nest , now 65, and currently a retired day one Marlins season ticket holder, Hoarding All sports card products up too 2002.... Sick hoarding!!!!.... Nothing graded!!!.... IMAGINE???....
Avoid buying Merlin Premier Gold 97 boxes from Thailand. The seller's have multiple boxes and have been tampering with them. You get one or two David Beckham cards per box. All they have to do is pull a Beckham and not open the rest of the packets. Take packs out of the remaining boxes to make up a complete box.
@@ozsportscardcollector2.512 Can't trust anyone. There's a reason they're cheap. It's because they've tampered with the packs and took out the main cards.
I’m UP HUGE on all my Tua cards and he is the only one I collect! Bought like 5K worth of Tuas this off-season and current Value is $13,000
Hell yeah
No way you'll get close to that if you sell those
I'm calling B.S. take away Tyreek Hill, and he's not even a top 10 QB... I had this discussion before the MNF this pass Monday when they blew that lead. These games are scripted and predetermined, along with these players careers. It's like WWE.
@@cashrules520 Baseball is your best bet, definitely not scripted. But there Commish is nice and woke
3 year low for modern garbage. The older stuff still holding values except for cards that got over inflated.
Geoff Wilson's PPP money must be running out... he's buying up from dollar boxes in his latest video like an average collector.
Awesome episode🤙🏽
The sportscard market is still correcting from the overinflated price during Covid when it seemed like everyone was getting free money. Sportscards are very difficult to make money on unless you hold on to them for a very long time
My example is the 3 Wayne Gretzky rookies I pulled out of packs in 1979 when they were .25 a pack (I actually sold one in the 90’s for$300 bucks).
I Appreciate your honesty
The mojo clips get me every time. 😂😂😂
They are probably in supplements and energy drinks now...
What do you make of the UD Conner Bedard SP? There are so many of them on ebay that I seriously question the rarity of it.
You answered your own question
His name was called Justin Gamble Gamble. What a shock
Sell your cards now before they fall another 30% next year
Was collecting HOFer/on card autos (many players from that list you posted) for decades before the boom. Only just in the last year have I really, actively, started looking to add to my collection again. I bought nearly absolutely nothing for the last 3+ years. Just some stuff at the very beginning that I graded and moved long ago. Now, at auction(s), I am actively adding again because there is stuff falling through cracks with the market being so saturated and the 'morale' (as you put it) being so low. Exclusively auctions, though. Most everything else is people holding a bag that is just getting heavier with each passing day.
Fanatics isn't going to 10X anything if you hadn't figured that out
Would take years just to get back to level ground with all the people that have left between their statement of that and today. Let alone actually growing it 2x. Will never happen
I never fell for the whole "influencer" crap. Almost all of them are unlikeable and/or sketchy to me.
Bye bye….! Now things can get normal again.
Woot woot 🎉
This is the best time for true sport card collectors..I’ve been buying non stop..what is going to be left is true collectors and not the scum that try to make a quick buck
Really not concerned long term but with more and more flippers exiting this scene daily due to price crashes its looking like a good time for long term investments any key players are 50% off rn definitly worth a look.
Fanatics is trying to 10X their bottom line. The licenses and acquisitions are a cost of doing business. They are paying to tap into a largely unregulated and untracked data pool that will likely lead them to the next population of gamblers.
Apparel buyers and autograph collectors are fairly easy to track and they have done that for years. But nobody has tracked people who open sports cards. It’s largely a cash business (so the wife doesn’t find out…etc). Now to get allocation you need a POS system, everything needs barcodes, the data must be shared back with Fanatics. Sports cards are worthless to them, consumer data is priceless and that’s what they were buying with Topps and whatever else they can get. It’s the data, it’s always been the data.
Once a store is not increasing their reach or not growing their data pool, watch the allocation slow down and or stop. Grow or close. The stores don’t matter, there will always be someone else willing to try and open a new store.
Breaking is getting diluted as hell now while the eco is going to shit and print runs get worse every year
I remember when I was a kid, taking the RTD down to Goodwin Goldfadden's(sp?) place in L.A.. I'd save all month and spend $15.00 on a T206 HOFer. Cards were a kid thing then. Then in the 1980s, colleges and universities began cranking out dudes with the brand new degree of Financial and Estate Planning. These guys began looking for ways to invest in anything to make money. They reinvented the long standing coin grading system into several additional "mint states", after they bought everything up of course, so they could make $. They did the same thing with sports cards, comics, militaria, antique firearms, etc. I think these hobbies have been in a precarious place since. Just my opinion.
Selfishly I hope it does crash. I would love to get back into collecting but the prices in general are so out of control
Nearly all cards have nowhere to go but down a lot
Have you guys seen that you can only pay with a credit card up to 10k on PWWC auctions. Guessing PWWC got hammered by cc companies. Also explains some of the crazy low prices on their last premier auction have to pretty much pay with cash now.
People.... ITS A HOBBY!!! JGG and those other knuckleheads deserve the massive losses on the horizon. Oh me, yeah i'm just a collector who still has stuff from when I was 10 which includes the 1986 Fleer Basketball Set, some Kobe rookies, some other players I enjoy others as well. Im good.... Keep exposing these jack wagons, #SCR
The hobby isn't crashing. The hobby was just inflated. I remember buying hobby boxes of Prizm Luka rc year for 250 and thinking that was alot. If Prizm goes back to 250, I for one will be happy even if there is no one to sell to.
Gotta love it! Great video again and again.
Cant wait to buy in that recession dip 😮💨
Will probably get Mickey Mantle Topps 1952 PSA 8's for under $100 then.
This hobby, just like any other hobby or collectable, is nothing but a bunch of hype and lies.
People who believe this is an investment probably bought beanie babies too.
Not kicking it while it's down, kicking those that told people it would only go up and to invest more in cards.
Fields cards are down. But Bagent cards sky rocketed. Looks like they are up 10x since first preseason start
5:17 it's nuts they post wrestling market info over the UFC market. Wrestling market has nearly zero RC!!!! wth
Even with some of these other youtube card guys you can tell all the covid boom fly by nighter viewers are pretty much gone.
3:32 amen!
Anything you like about the industry?
Out of interest could you review the Josh Giddey rc market over the past 12 months? I feel like he has been on a steady incline which has been going under the radar...
Fractional sale of a shack in Oklahoma lol
it's not a shack it's a museum.
It’s dead. Completely dead. I just sold a few graded cards and they sold for 40% of what comps were just 2 months ago. Sell sell sell is what I’m doing. Dumping all sports it’s worthless. It’s like watching my money burn. Rather spend it on Pokémon that actually holds money and goes up instead of just slowly depleting cash
Be careful...Pokemon is years behind sports cards in terms of realizing its junk wax era. Over a billion cards printed in recent years.
Calling the flu a pandemic is relatively ridiculous too.
As much as I completely understand SCR's point for making these videos, as well as titling them for maximum clicks, I wish they would explain better that this isnt a complete crash but instead a correction. Regardless, Im still gonna watch SCR because I love them and what they do for the hobby!
But I'm sure a vast majority of all of you watching this video or commenting will agree with me stating: For Real Legit "Hobbyists" like you all and myself the Sports Card Market isn't CRASHING, but instead is CORRECTING!
I agree 100% with SCR that the past 1-2 years, current market, and future trend is a continued nosedive downwards crash to alot of people! Their wallets are emptying just as fast as their hopes and dreams during this!
But the only people that are experiencing this are those who say they are "in the hobby" since 2020 or later. But the thing is those people aren't actually "hobbyists" or apart of it like they state! That is why the market appears to be crashing to them, because they weren't in it for the right reason, and 90% solely were in it just to make money flipping!
For those of us like myself and majority of you fellow true "hobbyists" who have been doing this since childhood and lived through periods like the Junk Wax Era and others similar, we all knew this was Junk Wax 2.0!
But in my opinion the card market has seen alot of positive factors during this recent boom that have made it stronger than it has been in the past and is/will prevent it from returning to the state it was in post junk wax!
That is why to real hobbyists like us this is just a CORRECTION because it's getting rid of all the people who were in it just to make money, inflated card prices visa vi influencers, breakers, and flippers, and finally, decreased turnaround on grading and grading prices. As prices correct to reflect what legit hobbyists deem as the true market value it will create a positive effect by allowing more collectors who were priced out these past years to come back in the hobby!
So this isn't a TRUE CRASH of the Sports Card Market. It's just Correcting the mistake it made of allowing a ton of douche bags and dipshits like Jeff & BYB have any influence over it and bankrupting them as punishment hahahhaha!
2020 was a bewildering year. Wanted the enjoyment of pulling a base card from my favorite team again... Didn't really understand the value of flipping. I lined up just like everyone else at Target and people asked why I was ripping stuff.
Everyone has said this, but feels like the hobby has transitioned into only investing or speculation, not the enjoyment of the cards themselves. I walked into my LCS this weekend where I would normally pick out base singles of players I liked/teams I liked... and the boxes to do so were gone. I asked the owner and was told there just isn't any money in it. Disappointing to say the least :(