Quote:
Originally Posted by cmcclelland
In an effort to try to get this thread back to my original issue - what were the reasons for the "dips" in the sportscard market in the past? What role will inflation play on this? What role does the overall economy play? I wish my memory was good enough to remember the exact years when this happened, but we all know there have been periods of time when the values went down significantly. What were some of the causes?
Also, it seems like we haven't seen a significant pullback in values for a while, and I have spent some time wondering how new things like third party grading, ebay, vcp.com, etc. will have an impact on any potential pullback. Could these new elements make a pullback worse, or could they reduce the effect of a potential pullback?
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The first big price dip I recall was in the early 1980s. Part was a nasty recession but more was the discovery of so much new to the hobby material. It just overwhelmed demand. I mean, even as a tween/young teen at the time family friends were just handing me boxes of old cards when they found out I collected. I got thousands of cards that way and started running a dealer table at monthly card shows as a result. And you could still get boxes of old cards at antique stores for pennies on the dollar in value. I think the supply situation is much more stable now--cards are not a new collectible category and the low hanging fruit of easy finds are gone. FWIW, I am pleased to see price dips now--great replay of past prices for purchases. I've been getting a lot of great stuff at ridiculously low prices...