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In related news, a set of Pokemon trading cards from the 90’s recently sold for almost $200k [1]. Our species sure has strange priorities. [1]: https://gameran

In related news, a set of Pokemon trading cards from the 90’s recently sold for almost $200k [1]. Our species sure has strange priorities. [1]: https://gamerant.com/pokemon-card-set-record-price/ https://gamerant.com/pokemon-card-set-record-price/

userbinator 6y ago
https://en.wikipedia.org/wiki/Veblen_good https://en.wikipedia.org/wiki/Veblen_good
- BoorishBears 6y ago
  Pokémon cards (and any kind of collectible card) are practically the opposite of a Veblen good. They're an item that follows supply and demand to a tee, the ones that are in high circulation are cheap, and the ones that are no longer in circulation and are had to come across are expensive.
dmix 6y ago
That’s like questioning why sports stars make a lot of money. It’s because there someone like Lebron James brings in millions of fans and a regular person doesn’t. I don’t find it surprising there are millions more Pokémon fans than WW2/crypto fans in 2020. We’re also in the cusp of a nostalgia trading card boom according to a podcast I list to (even sports cards), which they call the 3rd wave of super fandom.
- salgernon 6y ago
  What surprises me is the absurd number of counterfeit Pokemon cards I see. When my kids were still interested in them, we were in a bodega that was selling little boxes for like $1 for 5 cards - I didn't know anything about them. When I looked at them later, they seemed just slightly off... and then I researched how to tell the counterfeit cards. I'm astonished that there's profit to be made, even at 20¢.
Magi604 6y ago
I was surprised to learn that Pat Flynn of Smart Passive Income was a big Pokemon card nerd and recently came out with a channel about Pokemon Cards. He says he was inspired by marketer Gary Vee, who has apparently been hustling Pokemon Cards for a while now. I think Pokemon Cards are just the "in" thing right now.
adventured 6y ago
From January 14th: "1952 Mickey Mantle baseball card sells for record $5.2 million" https://www.usatoday.com/story/sports/mlb/2021/01/14/1952-mickey-mantle-baseball-card-sells-record-price/6653563002/ https://www.usatoday.com/story/sports/mlb/2021/01/14/1952-mi... And in August a Mike Trout 2009 rookie card went for $3.9 million.
tluyben2 6y ago
Children of friends of ours had several which are valued 50-100k now; they burnt them when they moved house early 2000s. There is something to say for yard sales or even hoarding.
- TylerE 6y ago
  OTOH, if so many hadn't been lost/destroyed over the years they wouldn't be as valuable.

userbinator 6y ago

https://en.wikipedia.org/wiki/Veblen_good https://en.wikipedia.org/wiki/Veblen_good

BoorishBears 6y ago
Pokémon cards (and any kind of collectible card) are practically the opposite of a Veblen good. They're an item that follows supply and demand to a tee, the ones that are in high circulation are cheap, and the ones that are no longer in circulation and are had to come across are expensive.

dmix 6y ago

That’s like questioning why sports stars make a lot of money. It’s because there someone like Lebron James brings in millions of fans and a regular person doesn’t. I don’t find it surprising there are millions more Pokémon fans than WW2/crypto fans in 2020. We’re also in the cusp of a nostalgia trading card boom according to a podcast I list to (even sports cards), which they call the 3rd wave of super fandom.

salgernon 6y ago
What surprises me is the absurd number of counterfeit Pokemon cards I see. When my kids were still interested in them, we were in a bodega that was selling little boxes for like $1 for 5 cards - I didn't know anything about them. When I looked at them later, they seemed just slightly off... and then I researched how to tell the counterfeit cards. I'm astonished that there's profit to be made, even at 20¢.

Magi604 6y ago

I was surprised to learn that Pat Flynn of Smart Passive Income was a big Pokemon card nerd and recently came out with a channel about Pokemon Cards. He says he was inspired by marketer Gary Vee, who has apparently been hustling Pokemon Cards for a while now. I think Pokemon Cards are just the "in" thing right now.

adventured 6y ago

From January 14th: "1952 Mickey Mantle baseball card sells for record $5.2 million" https://www.usatoday.com/story/sports/mlb/2021/01/14/1952-mickey-mantle-baseball-card-sells-record-price/6653563002/ https://www.usatoday.com/story/sports/mlb/2021/01/14/1952-mi... And in August a Mike Trout 2009 rookie card went for $3.9 million.

tluyben2 6y ago

Children of friends of ours had several which are valued 50-100k now; they burnt them when they moved house early 2000s. There is something to say for yard sales or even hoarding.

TylerE 6y ago
OTOH, if so many hadn't been lost/destroyed over the years they wouldn't be as valuable.