3 ms·
I was trying to think of this as well. I think recently there's the great example of NFTs, but in 1998, I think that was around the era Beanie Babies collapsed
by morisy 3y ago
I was trying to think of this as well. I think recently there's the great example of NFTs, but in 1998, I think that was around the era Beanie Babies collapsed in part from the speculation/collectible editions and maybe the Baseball Card collapse in the late 90s?
https://allvintagecards.com/sports-card-market-crash-90s/ https://allvintagecards.com/sports-card-market-crash-90s/
And maybe in general, at that point, a lot of limited editions existed but were somewhat tacky and obvious, versus naturally limited or collectible items. But I do think around this time we saw a few collectible items go overboard in trying to push the phenomena as far as it could go.