Are Baseball Cards A Good Investment?

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  • čas přidán 27. 04. 2024
  • In 2020, over ten cards sold at public auction for more than $500,000 with one of those cards selling for nearly $4 million, the highest sports card ever sold. The value of sports cards has grown over the last decade and with the onset of the pandemic, values exploded. With prices so high and card companies aware of their past mistakes, Wall Street and Silicon Valley see investment opportunities in this alternative asset.
    Sports card collecting is having a moment not seen since the 1970s and 1980s. This year saw sales of sports cards at public auction reach all-time highs. Over ten cards sold for $500,000 or more. Two basketball cards sold for $1.8 million each, a Lebron James rookie card and a Giannis Antetokounmpo rookie card. 2020 also saw a 2009 Mike Trout baseball card sell at auction for a record-breaking $3.84 million.
    Interest in collecting and values have seen a steady uptick for the last decade with prices really starting to rise at quicker rate somewhere around 2016 or 2017. With the onset of the pandemic at the beginning of this year, card collecting reached new heights. Largely driven by those in their 30s and 40s, who collected when they were young, these individuals found themselves at home revisiting their card collections.
    Then came ESPN's release of the Michael Jordan documentary series, "The Last Dance." Auction houses and eBay saw a surge for Michael Jordan cards and memorabilia followed by an even greater interest in basketball cards and beyond.
    "It brought back nostalgia. It brought back memories of the greatness of Michael Jordan and his cards and memorabilia started going up. And in our industry, it is definitely a case where rising tides lifts all boats," Ken Goldin, founder and CEO of Goldin Auctions, told CNBC.
    With sports cards growing in value, many collectors are amassing collections of high value as part of a diversified investment portfolio. What separates this era from the previous is the recognition that these cards are a legitimate alternative asset. A Silicon Valley startup, Alt, founded by Leore Avidar, aims to bring clarity and security to alternative assets, specifically sports cards.
    Collectors and investors see a bright future for sports cards. Card companies are well aware of their past mistakes and collectors have more information than ever before. If growth continues, Leore Avidar believes records will continue to be broken.
    "I will say, we will see our first ten million dollar card in the next two years," says Avidar.
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    Are Baseball Cards A Good Investment?

Komentáře • 575

  • @jacquesraymond5070
    @jacquesraymond5070 Před 3 lety +186

    To answer the title of this video: just buy cards that you like and because it's fun, and if they turn out to be worth anything that's icing on the cake.

    • @lukegreen3866
      @lukegreen3866 Před 3 lety +2

      Hell Nah

    • @reece9228
      @reece9228 Před 3 lety

      Yeah that’s kinda the hobby

    • @kaylaeubanks9313
      @kaylaeubanks9313 Před 3 lety +1

      I have thousands of baseball and football cards so I’m looking up how much they are worth

    • @gmm_brandon3153
      @gmm_brandon3153 Před 2 lety +1

      Thanks so I don’t have to watch it

    • @20byrd
      @20byrd Před 2 lety +4

      So true... Ripping hobby boxes and buying into breaks is just gambling.

  • @jesbensommichael8397
    @jesbensommichael8397 Před rokem +390

    We are already in a big crash Inflation is a catastrophe. This CPI report is a colossal failure. To bring the housing market to a halt, the FED will have to pull all the stops. The unfortunate issue is that other markets are being decimated. If you want to stay green, you have to rely on a lot of diversification. Currently up 14% and being careful. Still a better deal than leaving it in a savings or checking account yielding 0-1 percent interest.

    • @georgerobinson2021
      @georgerobinson2021 Před rokem

      Whichever firm you select, make sure you get your insurance from a reputable financial adviser, such as *PRISCILLA DIANE AIVAZIAN* who has dedicated her career to financial planning. Because they will assist you in escalating, navigating better, and completing the task in a safer manner.

    • @jesbensommichael8397
      @jesbensommichael8397 Před rokem

      @@georgerobinson2021 I want to build a diversified portfolio based on my personal income. I am easily triggered/highly emotional, which could be detrimental to my portfolio. I hope I am a patient and systematic person. day trading is not for everyone and multiyear holding is not for everyone. I know my strengths that's why I need proper guidance to be able to venture

    • @georgerobinson2021
      @georgerobinson2021 Před rokem

      @@jesbensommichael8397 I have saved myself from all the hassle that chaotic market causes. These days the best way to come into the market space is by reading, studying, being patient, and seeking guidance when necessary, due to my line of work I can’t handle my portfolio so I just copy the trades of my FA. I saw her on Bloomberg business news. It’s been smooth since then.

    • @jesbensommichael8397
      @jesbensommichael8397 Před rokem

      @@georgerobinson2021 how can I reach this person because I am in need of a better investment approach?

    • @georgerobinson2021
      @georgerobinson2021 Před rokem

      @@jesbensommichael8397 Surf the web for her info it's easier to get on her webpage.

  • @stormsurge1850
    @stormsurge1850 Před 3 lety +119

    There have always been collectable items. People in the comments really act like this is new, then they go and pay real money for a digital item in a video game.

  • @johnl.7754
    @johnl.7754 Před 3 lety +67

    Sport Cards is the earliest gambling a kid in school will face with buying a pack of cards.

    • @valueking2283
      @valueking2283 Před 3 lety

      No not at all ot was fun 1 dollar for a pack

    • @shaneviola8848
      @shaneviola8848 Před 3 lety +1

      @@valueking2283 gambling can be fun and cheap.

    • @Scotto6977
      @Scotto6977 Před 3 lety +1

      Not only gambling but the earliest form of addiction

    • @edwindubon1865
      @edwindubon1865 Před 3 lety +2

      Kids in school can't gamble anymore....most packs are way too expensive for kids and this will ultimately hurt the hobby. It's just gambling and flipping for adults now.

  • @tracyleveaux2663
    @tracyleveaux2663 Před 3 lety +52

    What they didn’t mention is how the industry is pricing out regular collectors like myself. As a teacher, I can’t afford a $200 box of cards. Since the pandemic started, you can’t even find a $20 box of cards at Target or Walmart anymore. Too many people are cleaning them out and selling them on EBay or Facebook Marketplace. It’s sad.

    • @canudiggitcards1466
      @canudiggitcards1466 Před 3 lety +8

      Lol 200? You’d be lucky to get any box for 200.

    • @TornadoOfCards
      @TornadoOfCards Před 3 lety +3

      I work for Amazon and can't afford a 200 dollar box of cards. But I've been getting lucky at Walgreens 2020 Update lately. And Big Lots too, if you like Heritage lol

    • @RudeBoy-qy7fl
      @RudeBoy-qy7fl Před 3 lety

      @@TornadoOfCards update is ooookay. Can’t stand heritage (like most people)

    • @thebashbros96
      @thebashbros96 Před 3 lety +3

      Flippers are trash people

    • @steveseiler478
      @steveseiler478 Před 3 lety +1

      $200?? Prizm Football hobby boxes are 1k a box

  • @DePietro-DP3
    @DePietro-DP3 Před 3 lety +31

    With this type of card investments.....the real losers are kids like my son who is 8 years old trying to buy his favorite players. Instead middle aged men are price gouging my son when guys sit at Walmart's and Convenience stores waiting for the truck to unload so they can re-sell them to screw 8 year old kids out of cards.

    • @gameguy12321
      @gameguy12321 Před 2 lety

      I’ve never tried to buy a box like that but I hate to say it I’ve heard this before. I’m in my young 30s buying graded cards of my favorite players but I definitely can see how it’d be hard for kids…

    • @jewellui
      @jewellui Před 2 lety

      That’s sad… I think when they were cheap though a lot of kids just couldn’t afford to collect them all even then sadly.
      Who knows though perhaps a few kids will get lucky and own an insanely rare card, the thrill will be even higher.

  • @Corkfish1
    @Corkfish1 Před 3 lety +53

    Grading is critical. Grade can make the difference between a $10 card and a $500 card.

    • @arunnoe
      @arunnoe Před 3 lety +9

      Grading is a scam, there have been multiple documented instances of grading companies changing grades based on who submitted cards, or calling fake cards real.

    • @Corkfish1
      @Corkfish1 Před 3 lety +6

      @@arunnoe maybe, but thats irrelevant. I had a graded Terry Bradshaw that I sold for almost $300. Ungraded maybe I could have gotten $10 for it. Maybe it's a scam but it doesn't matter since those are the rules you have to play by.

    • @scarpfish
      @scarpfish Před 3 lety +6

      The very first card PSA ever graded was found several years later to be altered by the guy who owned it.
      But yeah, some collectors believe in that crap. I suppose for vintage cards thst may matter, but some folks sending brand new rookie cards, and sometimes non rookie cards of star players in for grading.
      High grades for these cards aren't hard to get, and some already have thousands of graded copies, meaning they'll never carry the value of their pre-grading era counterparts, even if the player becomes HOF material.

    • @Advocate4kids
      @Advocate4kids Před 3 lety

      @@arunnoe that’s a very broad statement not taking into account a lot of specifics

    • @bobbywest8460
      @bobbywest8460 Před 3 lety +2

      grading discriminates against everyone in the hobby. it doesn't matter if its not a gem mint its about checking it off your list. psa is bunk anyway I've caught many 10s that were not, so what's the point?

  • @lakeozarkrei3767
    @lakeozarkrei3767 Před 3 lety +50

    Been doing this a long time... you don't 'Invest' in baseball cards - you 'speculate'... if you think you're investing your in trouble👍

    • @kenshikenji
      @kenshikenji Před 3 lety +1

      lol, what the hell is the difference boi?

    • @soaponarope2000
      @soaponarope2000 Před 3 lety +1

      @@kenshikenji speculating is when u buy something because you think it will go up in value

    • @kenshikenji
      @kenshikenji Před 3 lety +1

      @@soaponarope2000 so i invest because an asset will go down in value? lol gtfo

    • @numberoneballer2075
      @numberoneballer2075 Před 3 lety +1

      Same thing, you speculate on a stock going up too. You just used a synonym.

    • @soaponarope2000
      @soaponarope2000 Před 3 lety +3

      @@kenshikenji Lol no you invest because the underlying asset produces income. Buying something solely because you think you can sell it to someone for more is speculation buddy.

  • @justinjordan1875
    @justinjordan1875 Před 3 lety +22

    They don’t mention scalping and vendors telling their friends to come with them to take all the product to resell.

  • @tommydub1281
    @tommydub1281 Před 3 lety +15

    I've been in this game a long time. The best way to make money is to invest in older cars of superstars that are in fantastic condition. I don't remember Mickey Mantle cards ever going down in value. Remember Zion Williamson is one career-ending injury away from his cards being worthless.

    • @maximo6037
      @maximo6037 Před 2 lety

      Yeah get dudes that are timeless and proved longevity

  • @CarlosMartinez-fv7dk
    @CarlosMartinez-fv7dk Před 3 lety +19

    I have been a collector since I was a kid in the 60's, always for fun not investment, I concentrate on 60's and mid 70's baseball cards for enjoyment only. This is another crash in the making. Look at it this way, a card company prints a card, slaps a piece of a jersey and boom it's value is automatically over $100K? This is not making sense to me.

    • @TheRealCATM
      @TheRealCATM Před 10 měsíci

      Yeah I’ve been a collector since I was a kid in the early 2000’s if I sell any there ones I already have duplicates of.

  • @mh7611
    @mh7611 Před 3 lety +11

    If you are new to the hobby I recommend buying rookies already graded in the highest grade you can afford. If you try and open the packs yourselves and submit them in for grading it can become extremely expensive, take a very long time, and also it's very disappointing when you don't receive the grades you were expecting.

  • @scarpfish
    @scarpfish Před 3 lety +14

    Good investments over time dont go through fad periods of consumerism. This is why the sports card industry had a bust period between the 80s-early 90s boom and this one. Too many people acting as though a mass produced consumer product was like a stock share. With so many of these stupid "card investor" channels popping up on CZcams, many of which are just outlets for pumping certain players, I'm beginning to see folks repeating the same mistake.

  • @arodyanksfan
    @arodyanksfan Před 3 lety +9

    As a collector and reseller I want more people to buy buy buy because the value has gone so high on unopened boxes that most of these new buyers will realize they are losing money and stop. A $19.99 blaster box now sells for $39.99 and the value isn't there. A $5 card I used to buy is now $20 so it's hurting my collection. As soon as the pandemic is over, people will start to move away from cards.

  • @bryankahtava4706
    @bryankahtava4706 Před 3 lety +16

    Most “Investors” or newbie baseball card collectors don’t remember the 1990’s. Investments are only good if you can sell them in hard times. These are for fun.

  • @neillesser97
    @neillesser97 Před 3 lety +20

    I started collecting cards in 1954 when I was 5 years old and stopped buying them in the 1980's because there were too many cards being produced. I have most of the old sets and never considered selling them. I am a true collector and not an investor. I think only about 5 % of people today are like that. I have no use for grading and limited edition cards. Most of my old cards are in vg condition and that is good enough for me.

    • @alishad.4396
      @alishad.4396 Před 3 lety +1

      Damn dude you already buy stuffs when you were 5? Woah

    • @ObsessedCollector
      @ObsessedCollector Před 3 lety +3

      @@alishad.4396 So did I in 1977. I love the various hobbies, hate the speculators

    • @OriginalGrasshopper
      @OriginalGrasshopper Před 3 lety

      @@alishad.4396 I was buying baseball cards as a 6 year old in 1974, so yes - the older generations bought and collected things at a very early age.

    • @alishad.4396
      @alishad.4396 Před 3 lety

      @@OriginalGrasshopper wow that's really cool 😂 i was free to buy anything when i was 15

    • @Brett_S_420
      @Brett_S_420 Před 2 lety

      @@alishad.4396 That's sad. says a lot about the economy. Real wages haven't changed since reagan, yet the cost of everything necessary to live has gone way up.

  • @cherrypickingcards2413
    @cherrypickingcards2413 Před 3 lety +22

    It’s not a fun time to get back into collecting. Fighting for sealed wax, insane markups on every product on the 2nd market, and card prices changing with every game played. It’s a blood sport out there y’all!

    • @daviddr115111
      @daviddr115111 Před 3 lety +1

      This is true but even retail packs like prizm and hoops have great hits and last year 2020 and the 2019-2020 basketball had great rookie cards. Ive spent about $700 on ripping cards and pretty much have that back and maybe more for what ive ripped and have cards I plan to send into psa. Basically the higher the price for a box of say prizm football, a good players card is going to sell for a lot.

  • @playmaker88x51
    @playmaker88x51 Před 3 lety +10

    Great Video. Sports cards have gone wild this year. One thing, if buying active players, don’t be slow to sell them when they have a good year or their card prices go up. Any single active players cards are just a torn ACL or public arrest away from their card prices instantly crashing. So if you’re invested in younger active players, sell when your up!

    • @Mr.SalmaHayek
      @Mr.SalmaHayek Před 2 lety

      BINGO!

    • @richheadd3196
      @richheadd3196 Před 2 lety

      Even super star hall of famers cards are down. A rookie brett farve paa 10 is like 300 bucks a joe burrow rookie is 1000+

  • @mattmulligan5035
    @mattmulligan5035 Před měsícem

    I've been in and out of this hobby since 1986. Happened to travel to Atlantic city NJ the same weekend as the sports card national a couple of years ago. I had the chance to meet David Liner in this video. One of the greatest baseball card moments.
    Sitting talking Baseball cards with a industry icon.

  • @DrSleep-ep6cw
    @DrSleep-ep6cw Před 3 lety +6

    my 1988 Donruss baseball card set is on fire, it went up from $5.00 to $5.50 just in the last year.

    • @bigcronem1945
      @bigcronem1945 Před 3 lety

      Graded psa 10 you can get much more but chances are you shoved them all together disregarding condition. There’s a lot of cards out there but there’s not a lot of psa 10s

    • @AaronJ323
      @AaronJ323 Před měsícem

      I have all those mid 80’s mid 90’s donruss and Ken Griffey Jr and Bo Jackson cards the wild cards and all and no one is buying them waste of time and money might as well throw them in the dumpster.

  • @buildingbuildercip8292
    @buildingbuildercip8292 Před 3 lety +13

    RIP Black Mamba. His RCs have been an incredible investment.

  • @Jorel032777
    @Jorel032777 Před 3 lety +6

    You should have reported on the incompetence, favoritisms, and straight corruption in the grading companies. Cards being purchased graded, cracked open and trimmed and altered then resubmitted for higher grades to boost profits. That’s the whole purpose of these companies, to authenticate and grade. Or where the FBI investigation in these matters currently stands. A graded card compared to a non graded card can fluctuate price from hundreds to thousands. But does the average collector have the same high grades chance as those that are in the “club”. Or maybe a story bout how long it takes for them to grade the avg Joes cards (6 months plus ) compared to others who bulk submit all the time and are in the club. I would like to see a story on these topics.

    • @Mr.SalmaHayek
      @Mr.SalmaHayek Před 2 lety

      Interesting since you put it like that I would like to see a show about that that has my ears perked up

  • @kmorris9098
    @kmorris9098 Před 3 lety +41

    The mistakes of the past are soon repeated

    • @JusNoBS420
      @JusNoBS420 Před 3 lety +5

      The hobby has always had ups and downs. Topps and others have made fewer cards but many more products (versions) instead of mass producing and flooding the market

    • @bobbywest8460
      @bobbywest8460 Před 3 lety +2

      @@JusNoBS420 the market is as flooded as it gets. topps had 27 releases not including topps project or online exclusives, panini with 15, its junk wax all over again except the junk is gonna be all the PSA 10s coming back in the summer once everyone sees everyone had the same idea... bubble bust

    • @JusNoBS420
      @JusNoBS420 Před 3 lety

      @@bobbywest8460 That was my point. I just worded it poorly. Your exactly right

  • @karlepaul6632
    @karlepaul6632 Před 3 lety +1

    Best for investing:
    1-High end graded VINTAGE cards
    2-Unopened material (generally older, with some exceptions).
    Anyone thinking how collecting NOW is going to remain that way, you must've just gotten into it.

  • @rsuriyop
    @rsuriyop Před 3 lety +2

    Baseball cards nowadays (or better yet, _basketball and football_ cards) are a good investment just so long as you study a particular scouting report and decide when exactly to flip that player's card. For instance, November and December have always been the worst months to sell for profit, while the beginning of Spring training (i.e. March/April) has usually been one of the better times to sell.
    EDIT: There are actually so many other variables to list as far as when to sell, including when a player is in the middle of a hot streak or when they've reached their athletic prime (usually around ages 26-28) and so forth. And also, deciding which brand type to invest in (such as Topps flagship, Topps Chrome, Bowman Chrome, etc.) could also play a huge factor as well.

  • @youbestbequiet
    @youbestbequiet Před 3 lety +6

    Ive been collecting baseball/basketball/football and hockey packs/boxes/cases since 1976. I could not even venture a guess how many cards, unopened boxes and cases I have. One bedroom is filled floor to ceiling. They are not as valuable as they used to be. Now it will cost you a small fortune to even buy a box of "premier" packs whereas before Upper Deck and the mid 90 market flooding, it was still inexpensive. My collection was probably worth 25% more pre-1995/96ish. The unopened packs and boxes are where the money is. Fresh sealed wax packs still with factory seals get me the highest offers from dealers/collectors when they find out what I have.

    • @vendora1
      @vendora1 Před 3 lety +1

      id like to see what you got for unopened product i collect them and make sets --interested in what you have

    • @youbestbequiet
      @youbestbequiet Před 3 lety +1

      @@vendora1 I am going to start doing a rough inventory probably next month. Ill post an instagram link for the page when i get started.

    • @marvin7533
      @marvin7533 Před 3 lety +2

      Don't forget Skybox, Playoff, Bowman, and Pinnacle back in the mid 90s. I use to get unopened cases of these brands for Xmas.

  • @KK-pm7ud
    @KK-pm7ud Před 3 lety +36

    If this isn't proof of the asset bubble, nothing is.

    • @KK-pm7ud
      @KK-pm7ud Před 3 lety

      @@samplechannel2fiyd5idjfufjfud So would you say the same argument holds for BTC?

    • @playmaker88x51
      @playmaker88x51 Před 3 lety +2

      Bitcoin anyone? 😭

    • @rexw7930
      @rexw7930 Před 3 lety +3

      @@KK-pm7ud Bitcoin has a limited supply

    • @KK-pm7ud
      @KK-pm7ud Před 3 lety +1

      @@rexw7930 That doesn't mean that it's not an asset bubble. If you don't understand why, I don't know what else to tell you.

    • @rexw7930
      @rexw7930 Před 3 lety

      @@KK-pm7ud Bitcoin and sports cards aren't even remotely similar. Which are you referring to?

  • @DavidFlores
    @DavidFlores Před 3 lety +17

    In what scenario would Alt ever sell a card? I’d imagine the cards would come toppling down if they ever need to do such a thing

    • @humanbeing5918
      @humanbeing5918 Před 3 lety +2

      if you're not selling, you're not making money - on opposite you're actually wasting a lot of money then

    • @rage508cardsngrails
      @rage508cardsngrails Před 3 lety

      I want the p in pete rose! 💀😈😉🤣😉 I swear to god if i get the bottom corner with the scratch ticket hanging out of it im calling my guy @ putnam 🤣😉

  • @smartluck100
    @smartluck100 Před 2 lety +2

    If I had a time machine, I would take $5000 with me and go back to 1971 and buy as many Topps baseball cards as I could. That set never decreases in value

    • @alexrg109
      @alexrg109 Před 6 měsíci +1

      i will be back to 2004 and buy tones of messi rookies

  • @LaytonSportsCards
    @LaytonSportsCards Před 3 lety +4

    Thank you Sam Rega and CNBC for including us in your story.

  • @rockerbob949
    @rockerbob949 Před 3 lety +3

    Problem for collecting now is availability. I have not be able to find ANYTHING at the normal retail locations. It’s actually pretty frustrating.

  • @Canedude08
    @Canedude08 Před 3 lety +7

    I collected as a kid, came back as an adult. The same people that ruined sneaker collecting are going to ruin this hobby. These aren't investments, unless you are buying super high end stuff. Most people are merely gambling, chasing hits which are usually crap.

  • @haroldgillette7157
    @haroldgillette7157 Před 3 lety +4

    Loved this. He's exactly right. As a boy I collected sports cards,mostly baseball. It was every boys hobby then! I recently accumulated a full,high grade '61 set,because I can now afford it. I hope kids can renew this enthusiasm for the hobby.

  • @alejandrolim8615
    @alejandrolim8615 Před 3 lety +18

    The intrinsic value is money laundering ability XD

    • @KK-pm7ud
      @KK-pm7ud Před 3 lety

      So true.

    • @rage508cardsngrails
      @rage508cardsngrails Před 3 lety

      Joe orlando ? That u in a pwcc ice cream truck? Only selling pretzels and now and laters😈 😂😂 if u grew up and 80s and 90s and remeber the ive cream truck that only had snacks and stickers of ice cream wow u were the first catfishers im 💀

  • @GeorgeNace
    @GeorgeNace Před 3 lety +4

    Same thing for Pokemon, Magic the Gathering and Yu-Gi-Oh
    All these markets keep rising and these 3 card games have collectability and playability

    • @CallistaRhian
      @CallistaRhian Před 3 lety

      ...so you're saying my mint holo Blue Eyes cards are worth money? /jk

    • @GeorgeNace
      @GeorgeNace Před 3 lety +1

      @@CallistaRhian 1st Edition Mint SDK and LOB are. Also mint DDS are too.

  • @JusNoBS420
    @JusNoBS420 Před 3 lety +3

    Seems like the hobby started peaking in 2016. Noticed in March/April during lockdown a lot of people found the hobby again. And CZcams "break" channels have become very popular.

  • @rockobuckom.j.7212
    @rockobuckom.j.7212 Před 3 lety +4

    Can't go wrong with a Mike Trout baseball card.

  • @BLACKAAROW
    @BLACKAAROW Před 3 lety +10

    If something was made to be collected they will never be worth anywhere near the cards that were made several decades ago. Back then most ppl didn’t really think they were worth anything so as a result most were thrown away or destroyed over time that’s why they cost so much money.

  • @RetroHabit82
    @RetroHabit82 Před 3 lety +32

    Definitely not Topps 2019 Series 1

  • @nicholasschroeder3678
    @nicholasschroeder3678 Před 3 lety +6

    I had a friend who made a million in the 80s on cards. He had a whole warehouse: fork lifts, an illegal family with a rice cooker sorting---crazy. He kind of went crazy working 24/7. He cashed out and went into gambling counting cards in Vegas. Probably blew it all. Lost touch. Sad though what weirdo adults did to a kids hobby. Remember a girlfriend's kid showing me his card collection: they were all in plastic folders. Pathetic. And these guys are pathetic. Just a symptom of America where everything is commodified. I gave mine to a kid. Made him really happy. Glad to be done with it. These are the kind of guys that would drive around buying up all the hand sanitizer and then turning a profit on Ebay. Little wonder the country's going to hell with reptiles like this. People are getting thrown out on the street and people are buying pieces of cardboard for millions. It's beyond perverse

    • @domingopacheco7274
      @domingopacheco7274 Před 3 lety +1

      You can't buy cards at Walmart or Target anymore because folks have moved on from sanitizer to cards in order to flip those too on EBAY.

    • @nicholasschroeder3678
      @nicholasschroeder3678 Před 3 lety

      @@domingopacheco7274 Oh, the humanity! 😱 🌲☃️🎅

    • @itzdm0r3
      @itzdm0r3 Před 2 lety

      Don't forget toilet paper and Lysol spray too!

  • @guccimane8941
    @guccimane8941 Před 3 lety +2

    I remember seeing a bunch of cards packs at dollar tree about 3 years ago. I bought some so I could use the cards as bookmarks

    • @guccimane8941
      @guccimane8941 Před 3 lety

      @MarkiPlayz-TrenchKillz great minds think alike! I almost thought I was the only one lol

  • @SportsCardInvestor
    @SportsCardInvestor Před 3 lety +6

    Are sports cards a good investment? Yes, yes they are! For more info on sports card investing and tools to track the market, check out our CZcams channel and www.sportscardinvestor.com

    • @blakeaschultz3235
      @blakeaschultz3235 Před 3 lety +1

      📈📈 Market movers is where it’s at!

    • @alexrg109
      @alexrg109 Před 6 měsíci

      soccer cards are the future babys
      messi cards the greatest ever

  • @idiotsloveboxes
    @idiotsloveboxes Před 3 lety

    Very enlightening & informative video.
    My immediate reaction to think about all your other common collectables like stamps, coins, antiques cars & so on. Do all these miniature markets experience similar cycles?

  • @oracleoptix
    @oracleoptix Před 3 lety +20

    What about doing a story on Pokémon cards and their values?? lol

    • @DalbecFan
      @DalbecFan Před 3 lety +1

      There is no value in Pokémon cards

    • @chrislaymon284
      @chrislaymon284 Před 3 lety +2

      pokemon early issues are the hottest cards in the card market gaming card market moving way faster than the sports card market u have cards not even 22 years old bringing over 300k that were regular issues not 1 of or inserts not sure the deal but its happening , lot of card shops and investors have stopped to take notice ,

    • @scarpfish
      @scarpfish Před 3 lety

      @@DalbecFan Better tell Gary Vee. The same Gary Vee whose comments set off the sports card boom. He's gotten into Pokemon too.

    • @claywinn32
      @claywinn32 Před 3 lety

      @@DalbecFan you must be joking

    • @ObsessedCollector
      @ObsessedCollector Před 3 lety +2

      @@DalbecFan Ok, Ill take all your pre 2003 Pokemon cards off your hands. Especially those wortheless base 1st edition foils....

  • @aaronsalazar329
    @aaronsalazar329 Před 3 lety

    where can u download ALT?

  • @goodnewsusa
    @goodnewsusa Před 3 lety +1

    Baseball cards used to a decoration "noise maker" on bicycles in the past.

  • @senmcquire
    @senmcquire Před 3 lety +6

    Wow. A few months ago I purchased a Mark McQwire Donruss Rookie card. No clue it’s been a craze.

    • @rosemagcco4065
      @rosemagcco4065 Před 3 lety +1

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    • @senmcquire
      @senmcquire Před 3 lety +1

      @@rosemagcco4065 been there done that.

    • @rosemagcco4065
      @rosemagcco4065 Před 3 lety

      @@senmcquire have you invested before?

    • @isaacmcquown
      @isaacmcquown Před 3 lety +1

      Techicnilly it not the craze, but a subset of the hobby, the craze is ultramodern sports cards AKA the cards that came out last week.

    • @ObsessedCollector
      @ObsessedCollector Před 3 lety

      meh 1987 Donruss. I prefer his 1985 USA Topps 401 card

  • @Aut0KAD
    @Aut0KAD Před 3 lety +3

    not sure I really buy it, pun intended. Only the very high priced cards seem to be going up. I keep a ledger of all the cards I purchased on ebay back in 2012 (such as Earl Campbell RC PSA 8), etc. They haven't gone up by that much, only the super rare insert cards are going up. When you compare the growth of the sp500 vs those buys, sp500 did substantially better. Besides under-performing the sp500, another problem with sports cards is, they only go up in value while the player is known, over time even very famous players are nobodies to most people and the value of their card goes down substantially. Then again, I mostly avoided any card older than 1989. I never saw the appeal of sticking a piece of jersey on a card, only putting 25 of them in circulation and expecting people to either want to hit the lottery or shell out 1k$ for a piece of cardboard that doesn't appreciate as fast as other asset classes.
    My suggestion is, if you really want a card to appreciate over time - pick a 100% mint card that is very rare and a very very well known player. A player a non-sports fan would know who they were 10 years after the person retires. Also its position specific. For example, in football Quarterbacks - ignore all other positions. But then comes the problem of keeping the 'investment' in mint condition. Card's can decline over time even in those PSA protected plastics.

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  • @andrewballon88
    @andrewballon88 Před 3 lety +2

    Luka Doncic is the guy who really spiked this hobby the past few years 🔥

    • @bigcronem1945
      @bigcronem1945 Před 3 lety

      Mike trout actually... look up mike trout bowman draft auto

  • @lloydhinshelwood
    @lloydhinshelwood Před 3 lety +9

    Greed by the company destroyed the card and comic book industry so interesting.

    • @scarpfish
      @scarpfish Před 3 lety

      The company's greed didn't destroy anything. The public's greed did. Cards during the junk wax era weren't overproduced, as dealers bought them from the companies.
      They were overhoarded by people who took a blind eye to the laws of supply and demand. Factory sealed sets and 50 count lots of rookie cards don't accrue much value when everybody does it and some folks get bored and start dumping stuff. The same is going to happen to these people holding graded slabs of Zion, Luka and Mahomes, even if they have HOF caliber careers.

  • @VintageBaseballCardPacks
    @VintageBaseballCardPacks Před 3 lety +21

    A great mini documentary about the current state of the sports card market! Very well done!

  • @mikebostic9518
    @mikebostic9518 Před 3 lety +1

    Wow that's awesome used to collect them myself as a kid.

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      @michaeljohnson6716 Před 3 lety

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  • @Bizzmarky
    @Bizzmarky Před 3 lety +1

    Invest in the “Kobe Hall of Fame basketball” by Spalding. Price will go higher next year when he gets inducted in the 2020 hall of fame.

  • @bcnicholas123
    @bcnicholas123 Před 3 lety +8

    Hopefully. My dad has thousands of them from back in the day sitting in his basement lol

    • @isaacmcquown
      @isaacmcquown Před 3 lety

      Thier old and no cares about them, unless thier really old then everyone cares about them.

    • @FukaiKokoro
      @FukaiKokoro Před 3 lety

      Be sure to them them graded.

  • @thekichang914
    @thekichang914 Před 3 lety +4

    2021 is going to be disastrous there’s an asset bubble in everything..... stocks, real estate, Bitcoin, sports card 🤦‍♂️

  • @jeremylevine2421
    @jeremylevine2421 Před 3 lety

    i am in the process of liquidating a michael jordan collection that i purchased off ebay 15 years ago. the ROI has been outstanding so far. i cannot give away baseball cards from 1980s-1990s. will still hold some for nostalgia of course.

    • @boskey10
      @boskey10 Před 3 lety

      Who authenticated it?

  • @markamark123
    @markamark123 Před 3 lety +1

    In 2016 I bought a 1985 PSA 10 Jordan Nike Promo for $850 dollars. Fast forward to 2020 and the same card has sold for $15k+

    • @vendora1
      @vendora1 Před 3 lety

      certain players will always command prices like that mj is one of the best examples

  • @cocorna3282
    @cocorna3282 Před 3 lety +1

    I just bought an uncirculated Vanderbilt Football Kicker Sarah Fuller Card for $459.97 because it'll double in value in the New York Jets draft her in the first round...😳

  • @humanbeing5918
    @humanbeing5918 Před 3 lety +13

    adults are just grown up kids

  • @mikecano7026
    @mikecano7026 Před 3 lety +1

    The European market is waiting for the Formula 1 cards like crazy. The Formula 1 Topps Chrome Hobby Box is going for $350 USD right now on pre-order. Mark my words, the Formula 1 Topps Chrome Hobby Box will be going for $1000 USD by the end of next year and continue to go up. The first cards for Lewis Hamilton (one of the most famous athletes on the planet), Max Verstappen, Lando Norris. This will be like Panini Prizm 2012 Basketball.......this is the exact same product for F1 fans.......that box is going for over $6000 USD right now and that doesn't even have the European market driving up the prices. Whoever reads this, enjoy the low prices while you can! I was talking with some of the workers at Topps and Panini who I deal with on a daily basis and they are saying the same thing as me. The Formula 1 Topps Chrome Hobby Box will be a product where people say this in 5 years, "I wish I bought 10 of those boxes when they came out".

  • @heinousanus9352
    @heinousanus9352 Před rokem +1

    You can make 7% in the stock market but where can you make 100%? The stock market.

  • @steveseiler478
    @steveseiler478 Před 3 lety +1

    Its a good investment if you can get them cheap, with Panini jacking there prices up on hobby packs and boxes, only the rich can really afford to rip packs, and with retail being so hard to find becauseof the flippers, it's becoming harder and harder to collect

  • @DarkReapersGrim1
    @DarkReapersGrim1 Před 3 lety +1

    I collected baseball, football and basketball cards in the 90s. All gone. Those things ended up being worth nothing in the end. It's easy to say a card is word millions, but there has to be a buyer and nobody buys cards like they did before, that's why the generation after mine stopped collecting. They went onto non-sports card collecting like Pokemon (which I was into too). Today, unlike sports cards, rare Pokemon cards and booster pack boxes actually sell.

  • @chiquita683
    @chiquita683 Před 3 lety +15

    Ammo is a good investment. Baseball cards show the decline in value of the US dollar

    • @rosemagcco4065
      @rosemagcco4065 Před 3 lety +4

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  • @madinebolton1546
    @madinebolton1546 Před 3 lety

    Where can I sell my baseball cards at

  • @misobre
    @misobre Před 3 lety

    Do this baseball game cards have any value?

  • @101starting
    @101starting Před 3 lety +21

    This is inflation at it's purest form

    • @itstomatogear6806
      @itstomatogear6806 Před 3 lety

      Congratulations 🎉👏 of being the top comment 👍😁 (as of now 😈)

    • @KK-pm7ud
      @KK-pm7ud Před 3 lety

      Speculation

    • @humanbeing5918
      @humanbeing5918 Před 3 lety +1

      nah, it's more like constrained supply

    • @KK-pm7ud
      @KK-pm7ud Před 3 lety

      @@humanbeing5918 This is probably the most informed comment on here.

  • @pamelaroliva8501
    @pamelaroliva8501 Před 3 lety +3

    Don't forget David Justice, Ron Howard, Josh Hamilton, Will Clark.....................................................................................

  • @chowder1272
    @chowder1272 Před rokem

    how can I buy cards if you are a minimalists?

  • @Doors067
    @Doors067 Před 3 lety +7

    Are baseball cards a good investment? Yes
    Are pokemon cards a potential life changing investment? Yes

    • @Nolangorman150
      @Nolangorman150 Před 3 lety

      Baseball cards and sports cards are no where near pokemon prices

  • @joelb.2685
    @joelb.2685 Před 3 lety +14

    Vegas Dave might be the most annoying Tool alive.

    • @TornadoOfCards
      @TornadoOfCards Před 3 lety

      Agreed

    • @Nolangorman150
      @Nolangorman150 Před 3 lety +1

      Him and gary vee are the problem

    • @TheCardDeal
      @TheCardDeal Před 3 lety +1

      Vegas Dave banked on D.Carr, that was a quick bust and a waste. Would like to see an update on his take on Carrs status

  • @Taeneck
    @Taeneck Před 3 lety

    I have a bunch of 90 donruss cards with rated rookies and topps.

  • @jeffw8218
    @jeffw8218 Před 2 lety +1

    Has that “fund manager” been able to sell those cards yet to another sucker?
    ”Greater Fool” is in full effect with this BS.

  • @bobmilin
    @bobmilin Před 3 lety +1

    Those 86 Fleer basketball cards will never be worth anything said the collector in 1987.

  • @stanleykrupinski441
    @stanleykrupinski441 Před 3 lety

    Why is there no stock market for. BASEBALL FOOTBALL Basketball. Or all catds

  • @fat732AOC
    @fat732AOC Před 3 lety +5

    If it wasn’t hard enough to find cards in retail stores as it is this is gonna make it worse

    • @rosemagcco4065
      @rosemagcco4065 Před 3 lety +1

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      @tig7542 Před 3 lety

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  • @elliottsantiagocasanova9559

    imma start collecting

  • @chipseven3203
    @chipseven3203 Před 3 lety

    I need that 2020 Big Adam Gase autographed trashbag card .I may have to break

  • @auro1986
    @auro1986 Před 3 lety

    nintendo and cnbc print baseball cards?

  • @stereomois
    @stereomois Před 20 dny

    Geez, lets ask all those Wander Franco collectors how their investments are holding up.
    And this always happens, so many hyped prospects that do not pan out or cool off after a few seasons.

  • @damiangrzywacz6739
    @damiangrzywacz6739 Před 3 lety

    Yes

  • @jobaci
    @jobaci Před 3 lety +1

    Have 100's of MLB cards from late 60's to mid 70's. you name the star I have the card. what is the best way to get an idea of value? They have all been in plastic for over thirty years.

    • @taconative334
      @taconative334 Před 3 lety +1

      I use 130point.com to look at all the current sales of cards

    • @sparty1846
      @sparty1846 Před 3 lety

      The old ones all lost value

    • @jobaci
      @jobaci Před 3 lety

      @@sparty1846 I see that. Odd, you would think the old ones would be worth more.Thank you for your reply.

  • @NobodyUR
    @NobodyUR Před 3 lety

    Prices have gotten redicous. Hell a 2nd year Jim Brown PSA 7 I bought two years ago for 150 routinely goes for 700+
    I won't even mention my Jordan auto card I sold for 500 in 2007 goes for now lol. It's crazy. I don't have a problem with the singles and old stock going up. But the release prices have gotten out of hand

  • @marvin7533
    @marvin7533 Před 3 lety +1

    I've read PSA isn't as great as Beckett's grading.

  • @sleepngnight
    @sleepngnight Před 3 lety

    Almost every collectible card game is going real good, mtg, pokemon, and others. Sport cards just get more expensive stuff due to sport collectible cards being in two markets, the sport card/just card market and the sport collectible market.

  • @Achilles5937
    @Achilles5937 Před 2 lety

    The demand is based on speculation, not fundamentals hence the mania. It's a trend. Cards are in a big bubble just like the real estate market, bond market, stock market. All based on exuberance.
    "If something cannot continue on forever, it will stop"----Stein's Law

  • @ThraxMan84
    @ThraxMan84 Před 8 měsíci

    The insert cards are too gimmicky in my opinion. I feel they make the packs too pricey to buy. I was buying Topps cards in 1987 for .40 and now a pack is nearly $5 in 2023 and you get less cards in the pack.

  • @johnherrera2132
    @johnherrera2132 Před 3 lety

    Funny how Vaynerchuk began with this and now everyone following the train.. This has existed before but Vayner placed it on the map.. Not judging.. Just a great market..

  • @albertfletcher7662
    @albertfletcher7662 Před 3 lety

    I have tots and tots full haven't even seen all the cards I own I have about 200 emmitt smith cards alone

  • @madinebolton1546
    @madinebolton1546 Před 3 lety

    I have all kind of baseball cards from 79 from the 70s

  • @vanzetti7
    @vanzetti7 Před 3 lety +2

    Follow up episode on Pokemon cards would be awesome!

    • @Pendells_cards
      @Pendells_cards Před 3 lety

      Pokemon isn't worth it unless you have first edition.

  • @_Slicedbread
    @_Slicedbread Před 3 lety +2

    So when are these company's gonna start cutting their cards straight? Horrible to pull a numbered card and it's off center 80/20.

    • @dominic9907
      @dominic9907 Před 3 lety

      never. they understand what grading is doing for the hobby & wont destroy the rarity of a “gem mint” card

    • @_Slicedbread
      @_Slicedbread Před 3 lety

      @@dominic9907 So what, do they make 5 of the /25, mint 10, the rest the make off center on purpose? That's a bunch of BS, imo. No offence, but if they do it on purpose, I just can't believe that.

    • @dominic9907
      @dominic9907 Před 3 lety

      @@_Slicedbread i don’t know the
      numbers for certain but the rarity of a PSA 10 will be greatly diminished if quality control is greatly improved

  • @hitdealer
    @hitdealer Před 3 lety

    Hell yea

  • @oliverstones8727
    @oliverstones8727 Před 3 lety +40

    I don't know who needs to hear this but stop saving all your money. Invest some of it if you want financial freedom.

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      @oliverstones8727 Před 3 lety +9

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  • @thunderousooner527
    @thunderousooner527 Před 3 lety +2

    The baseball cards at worth as much as people are going to pay for them. Sports card market needs to crash to go back to normal. How get your cards worth any money to get them graded.

  • @ironman2326
    @ironman2326 Před 3 lety

    Had an andre dawson rookie card worth like $80 back in 95. Now its worth like $30 or less

  • @nerfbastion4652
    @nerfbastion4652 Před 3 lety

    Had some 1999 holo pokemon brought for 30pound just sold for 300

  • @alexdebolt1923
    @alexdebolt1923 Před 3 lety

    2:35 Chris Ivy looks like Jon Favreau lol

  • @yorickxp
    @yorickxp Před 3 lety

    You really need to do something similiar to Magic: The Gathering investing.

  • @davidscates7029
    @davidscates7029 Před 3 lety

    Got lots of cards where can I sell them. 1970 80 90