4 ms·

As someone who has been into cards and collectibles all my life, the past few years have been wild to say the least. What we saw in 2020/early 2021 was really

As someone who has been into cards and collectibles all my life, the past few years have been wild to say the least. What we saw in 2020/early 2021 was really a classic bubble - FOMO buying pushing prices to unsustainable levels. Then throw in the grading shutdown caused by backlog of new collectors and investors sending in millions of garbage base cards for grading, clogging up the grading companies, plus profit taking from the insane prices, and we get the pullback we saw in Q2. Like everything else, the collectible market comes down to supply and demand. Focus on rare cards - numbered cards, colored paralells, refractors etc…the supply is much lower and are generally safer bets because collectors are always chasing them.

exdsq 5y ago
Do you collect as a hobby or for profit? Seems like something I’d enjoy trying as a side-hustle but never really done before outside of Pokémon
- kadabra9 5y ago
  Both. I have cards for certain players, teams or inserts that I buy to collect, if I can make money on them great, if not I enjoy having them in my personal collection (PC). Then there are cards I’ll buy anticipating a rise in value with the intention to sell in 6-12 months or longer. Typically this involves buying rare cards or good players of sports in off seasons when demand dries up, so for example I was buying a lot of big name football cards over the summer when the football news cycle was slow, and recently moved to buying basketball leading into the NBA season.
- burntoutfire 5y ago
  > Do you collect as a hobby or for profit? I never got the idea of being a hobby collector in modern times. Nowadays, everything is available on the Internet for sale, so completing the collection is only a matter of coughing up enough money. How is that interesting or exciting? I can still understand collecting items which aren't mass produced for the purpose of being collected - things such as history/war memorabilia, rare books fro XIX century etc. There, every item can be unique and obtaining them can demand more from the collector than just typing in their credit card numbers.
  - stnikolauswagne 5y ago
    There are certain categories of trading cards that can not easily be bought online. I know some people in the actual hobby collection scene for certain trading cards (as opposed to people calling themselves collectors but actually want to just flip for profit). The items these people collect are things such as rare misprints (with population sizes of below 100), physical printsheets (which sometimes have a population size of 1) or promo cards given out for very specific events (such as the creators wedding), again with single- or double digit population sizes. From what I gather the appeal is partly just seeing weird things from the history of a hobby you enjoy. It‘s also a kinda nice way to connect with other people in the collection hobby, since when you run into something wacky you can just call up Jon who collects that exact oddity and bring it to him in exchange for a nice dinner or something.
  - dorchadas 5y ago
    >rare books fro XIX century The one thing I can truly say I "collect" is rare, first/early edition pre-standardization works from a specific Irish dialect. For me, though, it's not so much the collecting as having access to these books for the rich, natural (.i. non-standard) language that's contained in them. Eventually I might extend it to modern authors from the same dialect, but getting access to these older works is top priority.
vmception 5y ago
> sending in millions garbage base cards for grading, clogging up the grading companies reading this, I honestly can't believe the separate higher standards levied at NFTs. that's the whole thought.

exdsq 5y ago

Do you collect as a hobby or for profit? Seems like something I’d enjoy trying as a side-hustle but never really done before outside of Pokémon

kadabra9 5y ago
Both. I have cards for certain players, teams or inserts that I buy to collect, if I can make money on them great, if not I enjoy having them in my personal collection (PC). Then there are cards I’ll buy anticipating a rise in value with the intention to sell in 6-12 months or longer. Typically this involves buying rare cards or good players of sports in off seasons when demand dries up, so for example I was buying a lot of big name football cards over the summer when the football news cycle was slow, and recently moved to buying basketball leading into the NBA season.
burntoutfire 5y ago
> Do you collect as a hobby or for profit? I never got the idea of being a hobby collector in modern times. Nowadays, everything is available on the Internet for sale, so completing the collection is only a matter of coughing up enough money. How is that interesting or exciting? I can still understand collecting items which aren't mass produced for the purpose of being collected - things such as history/war memorabilia, rare books fro XIX century etc. There, every item can be unique and obtaining them can demand more from the collector than just typing in their credit card numbers.
- stnikolauswagne 5y ago
  There are certain categories of trading cards that can not easily be bought online. I know some people in the actual hobby collection scene for certain trading cards (as opposed to people calling themselves collectors but actually want to just flip for profit). The items these people collect are things such as rare misprints (with population sizes of below 100), physical printsheets (which sometimes have a population size of 1) or promo cards given out for very specific events (such as the creators wedding), again with single- or double digit population sizes. From what I gather the appeal is partly just seeing weird things from the history of a hobby you enjoy. It‘s also a kinda nice way to connect with other people in the collection hobby, since when you run into something wacky you can just call up Jon who collects that exact oddity and bring it to him in exchange for a nice dinner or something.
- dorchadas 5y ago
  >rare books fro XIX century The one thing I can truly say I "collect" is rare, first/early edition pre-standardization works from a specific Irish dialect. For me, though, it's not so much the collecting as having access to these books for the rich, natural (.i. non-standard) language that's contained in them. Eventually I might extend it to modern authors from the same dialect, but getting access to these older works is top priority.

vmception 5y ago

> sending in millions garbage base cards for grading, clogging up the grading companies reading this, I honestly can't believe the separate higher standards levied at NFTs. that's the whole thought.