@@lucasgraham5353Zion, Ja, lamelo, herbert, mac jones, justin fields, trey lance, zach wilson, desmond ridder, hurts. Just to name a few ctfu. If im not mistaken i think someone spent like 300K on mac jones rpa. Also lamelo ball base hoops psa10 were selling for 1K 😂😂. I miss those days, i made alot of money off stupidity.
The bullcrap over the top high prices for boxes and sealed packs that are stuffed with junk hurts the entire hobby, 200 dollars a box when the entire economy is hurting is a bad business strategy
Breakers are horrendous. I believe Japan has rules to prevent adults from buying items out. They understand it is supposed to be a hobby, not reselling the heck out collectors.
I collected as a kid late 80s early 90s then collected again in highschool then took a few years off then I started back in 2006 cuz my good friend was super stoked on it so I liked the rookies for football then I took another break and started back in 2011 then I stopped until a couple months ago and now I can only afford singles but I got some beauts
yup. It is nice you can still get old rookies 80's and 90's for dirt cheap (mostly) but in a way that also takes away due to the junk wax mass production I guess.
I agree and all my “grails” were buying and holding the cards. At end of day we all kinda “invest” in the athlete but buying to expect returns is ridiculous.
As a collector, I don't really see the downside to prices coming down. Sure, the value of my collection will come down as well, but I'd rather be able to purchase cards and wax at a reasonable price. Collecting is supposed to be fun...an extension of someone's fandom of a certain player, team or sport. #TheHobbyist
@kareempies4341 you can invest in whatever you want. I was simply stating my opinion as a collector. Whether values go up, or down, I'll still be collecting.
@kareempies4341 nothing changed in my original statement. If I had changed it, it would say "edited" next to it. I just edited this last comment to add this sentence.
i mean... ct scanning, breakers keeping cards, sponsorship changes like panini , and grading got us here -- i sold everything two months ago -- had a $10k collection -- ct scanning was it for me
Currently there are multiple companies that you can get scanning done. I forget which you tuber was talking about it the other day but he was stating that these companies have so much scanning business that there almost 24/7 scanning products. It very bad these days and I won't buy anymore from ebay or 2nd market for packs or boxes. I have now been in the hobby collecting for now 12 years and have shifted the way I collect now. I only buy singles now at card shows so I can inspect the card first hand. To many scammers and liars in the industry.
@@edelmantoamendola lots of boxes overseas in Europe and China. You don’t want to know how easy it is to scan stuff here. I don’t buy a single box anymore - it’s only epack for me since nearly a year.
@@BlongLee-c9u based on my research there sending cases and they are pricing them per a box per the case. If there really high end boxes they price them per a pack within the box. I used to buy high end boxes but no way would I spend any money on that stuff now. Back then on a high end box you may have 5-15% chance of hitting something big that you could sell to make your money back at least but now I won't touch anything. I'm still in the hobby to collect and not flip so I think it's very unfair how the industry has changed. But I don't let it discouraged me I just adapt the way of collecting.
Man, 10-12 years ago a jumbo hobby box was $99-120 and hobby was $50-70. I know because I ordered several boxes every release of every year from 200-17. And adding insult there was way more value in those boxes than today because of print runs.
I went back to basics during lockdown, I sold everything in 21 when things went nuts and made some good money. I then started again collecting just my team with no interest in ever selling anything. I’ve never been happier in the hobby.
Same. I accrued a sizable collection of Lebron, Jordan, Brady, Trout, Gretzky, Mahomes, Allen, Durant, McDavid etc from 2012-2019 and spent a total of approx $17,000ish. From late 2020-2022, I sold about 60% of it and cashed out about $60,000. I never intended to sell much of anything but the prices got soooo crazy, it didn't make sense to hold onto the majority of it...
Buy singles. Skip box breaks, skip repacks, and skip sealed wax, those are the three easiest ways to get killed. Buy singles of who you like or guys you think will hold long term value, and you’ll be OK. Graded cards to me are OK, as they are definable and easy to sell online…. Raw is fine too, it can just get touchy with picky online buyers…
I usually avoid selling to people to seem to be over concerned with microscopic flaws in cards, in my experience 9/10 time u send them card and they want half thier money back because they dont think it will gem
I got back into collecting about half a year ago. There are some great things about the hobby. Mostly, I think that the cards of today are way cooler than what they were when I was a kid. That said, the hobby seems like a complete mess overall. First of all, the prices are just unsustainable. They are too high for comfort even for me as an adult with a decent income. How are kids supposed to buy cards? Are cards now only for kids with rich parents? The other major downside is that the hobby is filled with people who simply don't care about the sport. They are either gamblers or "investors" and I think they are hurting the hobby overall for multiple reasons but mainly the price increases of boxes and singles. Plus they are a toxic bunch who bring the risk of the floor falling out once they decide to go gamble/invest on/in their next fix. Don't even get me started on the breakers. I could probably write a book on why they all just need to disappear. Bottom line is that most people and especially kids are just simply getting priced out of the hobby and that's a real shame.
These takes are so bad. Do people really think that all of the people in real estate or art love what they are buying, No of course not. If you care about value , then you want more money in the industry. They are plenty of cheap terrible cards for kids and poor people. Just like poor families buy used cars not Mercedes. We having been hearing for years that housing prices are not sustainable …..
You called it with the 1984 Star 101 Jordan hype. Last night on Fanatics a BGS 8.5 sold for $33.5K USD....a few months back they were selling for $66K.
Collectors priced out. Investors not seeing value in new product. Breakers trying to turn a simple service into gambling/gaming. Cleaning, scamming, scanning, shilling, stealing, making fake excuses for not paying, losing cards ... it's all catching up to the hobby. No trust in breaking, grading, opening product, fair marketplaces, trading and transacting with others. There are better, more exciting ways to invest money and better, more exciting ways to gamble or throw money away. Watchdogs put up a good fight but it feels like they are outnumbered.
The orange isn't worth the squeeze in sportscards and a big part of that is we have made an environment of its either the cream of the crop cards and everything else is crap...and unless people start being ok with just getting base cards of a team or player they like....then..it will collapse (the industry)
How can or why would a working man paying 20% more for food and gas buy a $700 box? On top of that getting maybe a $100 worth of cards where the breakers get loaded boxes yep some serial numbered from the manufacturer. Nothing to see here.
Absolutely agree with you! With the news that Fanatics has cut events staff and their decision to cancel the Pittsburgh and Orlando shows and to also not attend the Toronto Sports Card Expo ( which they have attended since I can remember them as PWCC), I think their mantra of "10x"-ing the business has now changed. I think their early financing presentations slides may have splashed "10x" all over, BUT they likely now focus more on the bottom line and cost containment. "10x" is nice and splashy, but they must realize that even growing your business just by 50%, with high-retention consumers, is already a significant task.
Sports cards are dead. You have to be real dumb to buy boxes at today's prices, and you never hit anything in boxes anyway. Cards are too watered down and its going to be seen like 90s junk wax, 20 years from now. Too much bs like giving loaded boxes to breakers, increasing prices, no autos of top rookies, napkin patches that aren't game worn in low and high end product, I can go on forever.
I think the thing we learned over the past several months is that it wasn’t probably that they were given loaded boxed but places like backyard breaks were scanning boxes so they knew what boxes to open and which ones to not open. Really very easy to understand how they pulled all those big cards.
@@stevem9203well odds as well if you buy 3 cases of X cards the odds of pulling the hits goes up compared to a person that buys 1 or 2 boxes breakers will also come out ahead on just simple odds.
I think collecting prior to 2018 cards is fine but after only a few are real investing vs flipping. It's crazy how cheap Dwayne Wade cards are vs today's rookies especially scarcity.
Great video. I think we’re at the end of the most recent hobby boom which began in 2021. The graph will trend back up eventually but not at current wax prices
Influencers are not the only one have a bit of trouble I see were Fanatics has lost 14% and there CEO is sell 1Billion in personal stock, not much cash on hand is the rumor, I also see some big breakers are selling less, have a hard time filling breaks.
We are burnt out brother. The card market has become purely speculative, and many participants are just focused on quick profits. Those people have moved on to the next best thing. It’s an American Trend. Most Americans don’t want to put the work in to become successful. They want to hit the lotto. Cards are the modern lottery.
If anyone has followed breakers, not even participating and even just watching, for the last few years.... they're struggling to fill a LOT of product breaks. Sure, the new hot stuff fills up relatively quickly but, the stuff that's been out for a while or realized to be way overpriced - just sits and takes forever to fill up. Things have reverted to the mean in the collecting side... but NOT the pricing side. Nearly all new product is MASSIVELY over priced for this market. Crap that there is a near unlimited supply of is $200/box. It's insane and it's collapsing.
Hope so because if it is we can all go back to collecting the way we want. Those investing today are even more ridiculous than the guys in the mid 80s to late 90s hoarding junk packs and sets thinking they’d get huge returns in the following years.
Doom, gloom, scandals, rants, etc. have always drawn more eyeballs. I actually named my giveaway videos "Rant" because I knew more people would watch it. So to your point, I could see content creators switching to that concept.
Card influencer advice is very comparable to stock advice at a cocktail party. No professional background and advice on a hunch. Negative or positive, the thought process is crowd mentality as no one wants to be left behind or miss out on an opportunity.
I got back into sports cards a few months ago thinking that maybe after a couple decades the industry was a little more decent and less full of scumbags. WRONG. I think it's worse than it ever was. Good luck to all of you sticking around. I am out.
Card shows filled with trash. Card shops With no inventory and jacked up pricing. Hobby cases being CT scanned and topps/panini flooding the market with Topps now and panini instant
Think you are right. Also player non performance is having an impact. CJ Stroud is having a bad year. More importantly Wemby looks like the second coming of Ben Simmons, cannot shoot. Everyone is realising that Wemby is not the new LeBron and stopped paying ridiculous amounts for his cards.
I’ve got a couple of thoughts to share with you Dan. I do think you are correct, in that content creators, flippers and side hustlers are leaving. But, I think the vast majority of collectors, the true end user, the folks who love the cards, keep them and plan to pass them on to their grandkids because we DO NOT SELL them, are NOT on social media. They don’t watch these videos, they don’t buy into breaks. flip their big hits, they aren’t lugging their pelican cases from show to show. Second, I think many of us gradually shift to vintage. Staying away from the new shiny things..holding onto the Mantles, Mays and Aaron’s. Aspiring to get a Cobb, Ruth or Wagner. We build sets and collections spanning decades, and most never see the light of day, never mind the internet.
I wouldnt be surprised if there isnt some sort of algorithm shift on youtube similair to what happened to instagram years ago where overnight major accounts lost their reach
Great video Dan. It is quite humorous that we're seeing the talking heads gravitate toward "negative" content when they were so adamantly against it in the past. Hopefully people are beginning to see those guys for who they really are.
Too many parallels, too much product, and unrealistic, rising prices is diluting value and interest. When the current trend veers toward junk wax 2.0, I’ll shift back to vintage again.
Sure hope so - repacks? Box prices? Joke! In two years, we’ll see who’s still around. I saw in another recent video that Rubin has taken IPO off the table and is looking for a billion dollars on the secondary market. He wouldn’t be doing that if he saw enormous growth
As you said in another video a lot of these people are relatively new to the hobby and are learning as they go. Sometimes it takes a lot for people to see the cracks in their world views.
I hope this breaks the breakers! I hope this humbles Fanatics into getting back to the basics and make cards for the average hobbyist, not the "profiteers." I collect because I enjoy the hobby and the cards. I want the hobby to be cleaned of "high stakes gambling" and for a kid, like I was when I started, to be able to afford to get into collecting, too. I pay cash/debit, no credit, for what I buy, so I don't end up in debt for my hobby/collection. Pricing new products at the prices they are now, pushes some collectors out and other who want to stay in, into debt. Thank you for your honesty about the hobby and exposing the people who will ruin it, just for more money.
These influencers are pumping so hard they have left calluses on thier Naughty Bits and now are NUMB to any pleasureable Sensations. 😂😂😂😂😂🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉😂😂😂😂
There's just too many variations of the same damn player. It's more gambling than anything else (much more so than it used to be). I collect rookies of players I like. The numbered cards, and variations are something I could never see myself chasing.
When the majority of cards have always been a falling knife, it's the fools chasing a dollar who are complaining the most. Most sports cards are like shiny new cars at first and then the reality sets in over the next few years. Only a little cream rises to the top in most scenarios. It's that the virtuous life of society is weak. But the playbook by the driving forces of greed, fear and emptiness inside ourselves distracts us from our needs of wisdom, contentment, and courage.
For the last 40+ years I have been quite fortunate..in being that I've never had an investment "point of view.." When it comes to collecting cards. It's too much fun.. To have these types of "ideals.."
Yeah I won’t invest in any cards that are new. Time and time again waiting a couple years seems to pay off better for me. I’ve been priced out of boxes. Better for me to buy singles. Plus there is just way to many products for me to keep up. As well as scanning has really turned me away from buying boxes. For me we are in a junk wax era in a way.
The rats always scurry from a sinking ship, I’ll be glad when there gone! Prices can go back to normal! As a hockey card collector upper decks base entry lvl sets doubled in price for Bedard rookie year. People were outraged! But still purchased every single thing they could get so upper deck didn’t get the message. This is a bad thing, the greed of companies just waiting for the next big player is sickening. It prices kids / lower income parents right out of the market. Keep in mind people this is the lowest end entry level products I’m talking about. Went from about 120 cdn to 230-250 a box.
I agree with you regarding box prices - but in case of hockey, Upper Deck doesn’t double up prices. They gave the UD series 2 away for 80 USD a box to their suppliers. The big money is made by those middle men out there who do nothing but distribute the stuff to the card shops…
@@Ben-nx1th you are certainly right about that Canada was 250 a box on release but the middle men did buy it all up to resell but even the e packs on there site are 140 usd or they were.
The traffic at smaller shows has slowed and the repackers coming in to buy it all up are less frequent than it was 6 months ago. Just what I'm seeing in my area. But of course, there are still some big trades being made, but seems down from before.
I would offload all but the most prestigious of cards,sports are getting too much negative scrutiny with Vegas gambling,the games are getting too cupcake with WWE like scripts,if too many people wake up and realize it's predetermined the prices will crater on memorabilia
That's why I started collecting almost exclusively 80s wrestlers. At least wrestling acknowledges its scripted unlike the rest of the fake professional sports.
All of the social media influencers pumping and dumping, oversaturation of content, all kinds of factors. There’s a lot of ugliness in the hobby now. People stopped caring about the hobby and started becoming shrewd and in some cases sketchy. Money ruins everything
The market is flooded with “know it alls”. Costs of new products are hyper inflated and demand is significantly less than it was. This is an overdue market correction in my opinion. Fanatics bought high and over paid for Topps and the list goes on….
When it comes to watching guys rip product, there's only so many times you can watch someone pull a random color numbered card and care. There's seemingly new, overpriced product released every single week, and each one of those has dozens of "numbered" cards of the top players. It doesn't take long to realize that none of this stuff is going to hold value long term because there's just so much of it. Going forward, about the only stuff that's going to hold value long term are vintage (there will always be someone interested in a Mantle Rookie, or an MJ rookie, etc), but the new stuff, especially the stuff released in the last few years will just sit forever because it's overpriced, overproduced, junk wax 2.0.
@@jakepeters1404 Every show I go to is the same story. Outside of the handful of vintage dealers, every glass case has the same 20-30 players in various colors/numbers/sticker autos, and there's boxes upon boxes of base and "color" discounted to an absurd rate. I'm fully convinced that if I offered them $50 for a 4k count box of them, I could walk away with it and we'd both be happy.
@@williamdunlapwaxnews I'm aware of that, however, there wasn't a mountain of artificial scarcity with the vintage. that's why there's only 1 MJ rookie, a handful of Mantles, even a handful of LeBrons. With a guy like Wemby, there's what, 2-3 thousand different rookie cards if you take into account all of the color and number variants? Also, the reason the vintage stuff continues to hold value is because the kids who grew up with the stuff got older, got money, and wanted to relive their childhood, which drives demand. Kids today don't have hundreds of dollars for a box of cards.
I was fairly big collector, but haven't ripped a box in about 3 years now. It just got too depressing opening box after box of duds for hundreds of dollars. Ironically I just watch lots of breaks now.
Great content Dan. Sportscards, watches, cigars and other “luxury items” are all down right due to global economic conditions. But yes, the blatant greed and artificial super inflation doesn’t help and could propel the hobby into a dark, down period. I think it will rebound though like it did before.
Repackers I agree, but not enough credit is given to breakers for helping grow with the exposure breakers give. there's barely any brick n morter shops so we can't go back 20 years
Too much product ain't necessarily the problem.....one company releasing so many products is a problem. It was fine when you had multiple companies competing like fleer, Donruss, pinnacle, etc. because they drove each other to put out better product or be left behind. But this ctap with 100+ different topps products a year is plain ridiculous. Were putting the junk wax era to shame with the amount of cards being printed.
We need to seek out more content about the actual cards and collection building rather than industry news and card show coverage. Try ignoring new product for 1 full year and experience how the quality of a collection grows.
Investing? I got into sports cards because I loved collecting the cards of the players and teams. Granted, this was since the 70's but I've never really considered it an investment vehicle.
Collector & Content creator fatigue.... fanatics is getting greedy. My guess? Cards HQ will be taking a hit soon...major hit. Who TF is buying 8k boxes of unopened ? The balls to price something at 8k is foreboding.
With a statement like that, I would assume you werent in the hobby before covid......when we had 20 years scraping the bottom in this hobby between the 90s boom and covid. The noobs dont seem to grasp that none of these prices are gonna hold...NONE.
@johnwayne9828 I wasn't but pre covid the internet wasn't a big play like it is now the internet was there but not like it is now. for cards have gotten this popularity that really kind of won't go away cuz they can be in your face now I'm 35 so I remember the 90s in the early 2000s I just think there's too many factors for it to completely bottom out will it go down we'll go down further than we think 🤔 probably but there's too many other factors to keep it afloat to
If you’re the guy that can afford a million dollar card ? Why buy a piece of cardboard ? You have the money 💰. There are only a few people that can drop that kind of cash on a piece of cardboard . Good luck selling it . The only one getting rich is the card makers .
I got back into the hobby last year after deployment. I’m having a really fun time. It’s def a grind, but if you do your research and budget well, it’s actually super fun like being a kid again 🤷🏽♂️
Investments???? Far from. All cards are at top value while players are doing nothing exciting. The hype is what keeps this hobby going and collectors broke. Collect for pc and not for investments.
Continuing on w/ my Rant. Dan. I'm sure you've added up this long term Rant comment. " forgive me" 🙏. I've seen both Willie's, bonds Sr., Brock, Powell, griffey Sr., Jackson, and the entire A's world series mustache run games, Candlestick Giant's, Oakland raiders, 49er's, Los Angeles rams, San Diego chargers, San Diego padres, Dodgers, attended a Stanford game w/ plunkett, won a football pool!!! My father's buddies were pissed !! EVERY quarter !!! Took their $$$$ . Bought cards. I traded cards, flipping cards against the wall, playing little league paper route??? $$$$ more cards. Do my chores, walk the dog, take out garbage, mow the lawn, and many others lawns, moved to Colorado. Broncos. No baseball at the time. Continuing with my madness. Though I'm involved with the snow skiing industry and have been actually in the past growing up.
Quite the video. “A lot of RUclips people making negative videos desperate for views” AKA Dan the Card Man. The negativity is due to people desperate for attention , haters, people who can’t afford the hobby, and people who aren’t smart enough the not be brain washed by you and Sports Card Radio. There are plenty of real issues in the hobby that need to be addressed but they are never the ones you talk about in your videos.
Brainwashed? Mate, if you see my stuff as negative when I’m talking about known issues to try and help people than it says more about your perception of the world than anything I am doing
@@DanTheCardMan2 I have named them several times, but let me state the real issues with the hobby again. 1. Overproduction, too many different products and too many parallels 2. Wax Prices 3. Quality Control of the cards , too much fresh from the pack condition issues 4. People who don’t understand that card collecting isn’t only PC / Obsessed Fan Boys 5. Negative RUclips clowns who are trying to “short sell” the hobby to get views 6. Dirt bags in the hobby / non paying eBay buyers 7. Redemptions / sticker autos / non game used patches / players signing initials 8. PSA 9 selling for less than raw for modern cards.
A lot of people probably lost a lot of money and so many who lost a lot of money have probably sold out what they had and lost interest. I was lucky and was older and had filled my collection 10 years ago and then sold out 1/2 of my collection the past 3 years. I'm keeping the PSA runs on my Mays, Mantles, Aarons and a few others, but have lost interest the past year or so
I moved out of sports cards over 4 years ago. I still buy a hobby box of topps flagship to open. I moved to pokemon as my side hustle. It's done better for me than sports cards ever have
Cat drives me crazy. I swear!! She talks!!! Dan . @ 66yrs. Grew up w/ a father that was a livestock veterinarian. Along with the love of baseball and football. Began attending games @ 5yrs. Old. Family moved around. my dad's job. Have been fortunate enough for seeing the best players of both baseball and football players at their job. As acquiring sports cards since about 1966, ending the hoard around 2002.
alot of these new money "investors" have lost their shirt and have quickly realized that there are actual assets that you can invest in if you have the type of money to be spending 5 - 6 figures on cards and wax
Ok, you don't get it? Weighing boxes, scanning boxes. Asking ridiculous prices for unproven rookies. What more do you need to know?
Yeah I don't get the ridiculous asking prices for unproven rookies. I wonder how much money was lost on Zion.
@@lucasgraham5353 millions
@@lucasgraham5353 all of it. as I predicted from day #1
@@lucasgraham5353Zion, Ja, lamelo, herbert, mac jones, justin fields, trey lance, zach wilson, desmond ridder, hurts. Just to name a few ctfu. If im not mistaken i think someone spent like 300K on mac jones rpa. Also lamelo ball base hoops psa10 were selling for 1K 😂😂. I miss those days, i made alot of money off stupidity.
The bullcrap over the top high prices for boxes and sealed packs that are stuffed with junk hurts the entire hobby, 200 dollars a box when the entire economy is hurting is a bad business strategy
Breakers and influencers got us to this point.
Breakers are horrendous. I believe Japan has rules to prevent adults from buying items out. They understand it is supposed to be a hobby, not reselling the heck out collectors.
I hope so. As an actual collector (as a hobby), not an “investor”, I have been priced out of the hobby.
Totally
Same here
I collected as a kid late 80s early 90s then collected again in highschool then took a few years off then I started back in 2006 cuz my good friend was super stoked on it so I liked the rookies for football then I took another break and started back in 2011 then I stopped until a couple months ago and now I can only afford singles but I got some beauts
yup. It is nice you can still get old rookies 80's and 90's for dirt cheap (mostly) but in a way that also takes away due to the junk wax mass production I guess.
I agree and all my “grails” were buying and holding the cards.
At end of day we all kinda “invest” in the athlete but buying to expect returns is ridiculous.
People have spoken. Rejected corporate lies and celebrity culture which is the norm in the industry.
As a collector, I don't really see the downside to prices coming down. Sure, the value of my collection will come down as well, but I'd rather be able to purchase cards and wax at a reasonable price. Collecting is supposed to be fun...an extension of someone's fandom of a certain player, team or sport.
#TheHobbyist
Thanks for telling all of us that we are supposed the be lame fan boys. Let me guess, we should all only invest in mutual funds too?
@kareempies4341 you can invest in whatever you want. I was simply stating my opinion as a collector. Whether values go up, or down, I'll still be collecting.
@@thehobbyist1 thanks for changing your opinion, as you said “collecting is supposed to be”
@kareempies4341 nothing changed in my original statement. If I had changed it, it would say "edited" next to it. I just edited this last comment to add this sentence.
i mean... ct scanning, breakers keeping cards, sponsorship changes like panini , and grading got us here -- i sold everything two months ago -- had a $10k collection -- ct scanning was it for me
Just hearing about this. Where would people even be able to scan it. Lol that is craazy.
Currently there are multiple companies that you can get scanning done. I forget which you tuber was talking about it the other day but he was stating that these companies have so much scanning business that there almost 24/7 scanning products. It very bad these days and I won't buy anymore from ebay or 2nd market for packs or boxes. I have now been in the hobby collecting for now 12 years and have shifted the way I collect now. I only buy singles now at card shows so I can inspect the card first hand. To many scammers and liars in the industry.
@@edelmantoamendola lots of boxes overseas in Europe and China. You don’t want to know how easy it is to scan stuff here. I don’t buy a single box anymore - it’s only epack for me since nearly a year.
They scanning box or whole case as well?
@@BlongLee-c9u based on my research there sending cases and they are pricing them per a box per the case. If there really high end boxes they price them per a pack within the box. I used to buy high end boxes but no way would I spend any money on that stuff now. Back then on a high end box you may have 5-15% chance of hitting something big that you could sell to make your money back at least but now I won't touch anything. I'm still in the hobby to collect and not flip so I think it's very unfair how the industry has changed. But I don't let it discouraged me I just adapt the way of collecting.
Man, 10-12 years ago a jumbo hobby box was $99-120 and hobby was $50-70. I know because I ordered several boxes every release of every year from 200-17. And adding insult there was way more value in those boxes than today because of print runs.
Yep its crazy, i still have my magazines from the early 2000s to order wax or singles from. Could have ordered the lebron exquisite rpa /99 for 3K 💀
I went back to basics during lockdown, I sold everything in 21 when things went nuts and made some good money. I then started again collecting just my team with no interest in ever selling anything. I’ve never been happier in the hobby.
Same here
If you KNOW a star is being pushed, it's good to preorder flagship.
Same. I accrued a sizable collection of Lebron, Jordan, Brady, Trout, Gretzky, Mahomes, Allen, Durant, McDavid etc from 2012-2019 and spent a total of approx $17,000ish. From late 2020-2022, I sold about 60% of it and cashed out about $60,000.
I never intended to sell much of anything but the prices got soooo crazy, it didn't make sense to hold onto the majority of it...
Lame approach. Of course you were so smart and sold at the peak, everyone online is a legend
@ making money is always lame🙄🤣
There a lot of the influencers that think they are bigger than there audience as well! Interaction is very key!!
Amen the number of collectors is far too low. It just doesn’t exist
Buy singles. Skip box breaks, skip repacks, and skip sealed wax, those are the three easiest ways to get killed. Buy singles of who you like or guys you think will hold long term value, and you’ll be OK. Graded cards to me are OK, as they are definable and easy to sell online…. Raw is fine too, it can just get touchy with picky online buyers…
Excellent point, I agree on all points.
Should I buy a Michael Jordan error card for 5k?
I usually avoid selling to people to seem to be over concerned with microscopic flaws in cards, in my experience 9/10 time u send them card and they want half thier money back because they dont think it will gem
I got back into collecting about half a year ago. There are some great things about the hobby. Mostly, I think that the cards of today are way cooler than what they were when I was a kid. That said, the hobby seems like a complete mess overall. First of all, the prices are just unsustainable. They are too high for comfort even for me as an adult with a decent income. How are kids supposed to buy cards? Are cards now only for kids with rich parents? The other major downside is that the hobby is filled with people who simply don't care about the sport. They are either gamblers or "investors" and I think they are hurting the hobby overall for multiple reasons but mainly the price increases of boxes and singles. Plus they are a toxic bunch who bring the risk of the floor falling out once they decide to go gamble/invest on/in their next fix. Don't even get me started on the breakers. I could probably write a book on why they all just need to disappear. Bottom line is that most people and especially kids are just simply getting priced out of the hobby and that's a real shame.
Don't forget the dealers and shops (including the PSA owned) that are just in it for the money.
These takes are so bad. Do people really think that all of the people in real estate or art love what they are buying, No of course not. If you care about value , then you want more money in the industry. They are plenty of cheap terrible cards for kids and poor people. Just like poor families buy used cars not Mercedes. We having been hearing for years that housing prices are not sustainable …..
Hahah...wow $700 plus for a box of $120 cards...I stopped when the price got over $200. So many cards we can buy for cheap for now.
I wouldn't mind a shift back to old school collecting. I think the high dollar 'investors' have ruined it for the true collectors.
Those guys are just in it for the money.
You called it with the 1984 Star 101 Jordan hype. Last night on Fanatics a BGS 8.5 sold for $33.5K USD....a few months back they were selling for $66K.
😂😂😂explains why sports card dad has gone radio silent about his psa 5.
what kind of idiot would buy anything on fanatics?
Collectors priced out. Investors not seeing value in new product. Breakers trying to turn a simple service into gambling/gaming. Cleaning, scamming, scanning, shilling, stealing, making fake excuses for not paying, losing cards ... it's all catching up to the hobby. No trust in breaking, grading, opening product, fair marketplaces, trading and transacting with others. There are better, more exciting ways to invest money and better, more exciting ways to gamble or throw money away. Watchdogs put up a good fight but it feels like they are outnumbered.
Summed it up well Bob ✊
Don't say that to those just in it for the money. They will call you a hater, blowing smoke and don't know what you are talking about
spoken like a true You tube HOF commenter
The orange isn't worth the squeeze in sportscards and a big part of that is we have made an environment of its either the cream of the crop cards and everything else is crap...and unless people start being ok with just getting base cards of a team or player they like....then..it will collapse (the industry)
How can or why would a working man paying 20% more for food and gas buy a $700 box? On top of that getting maybe a $100 worth of cards where the breakers get loaded boxes yep some serial numbered from the manufacturer. Nothing to see here.
Absolutely agree with you! With the news that Fanatics has cut events staff and their decision to cancel the Pittsburgh and Orlando shows and to also not attend the Toronto Sports Card Expo ( which they have attended since I can remember them as PWCC), I think their mantra of "10x"-ing the business has now changed. I think their early financing presentations slides may have splashed "10x" all over, BUT they likely now focus more on the bottom line and cost containment. "10x" is nice and splashy, but they must realize that even growing your business just by 50%, with high-retention consumers, is already a significant task.
Sports cards are dead. You have to be real dumb to buy boxes at today's prices, and you never hit anything in boxes anyway. Cards are too watered down and its going to be seen like 90s junk wax, 20 years from now. Too much bs like giving loaded boxes to breakers, increasing prices, no autos of top rookies, napkin patches that aren't game worn in low and high end product, I can go on forever.
I think the thing we learned over the past several months is that it wasn’t probably that they were given loaded boxed but places like backyard breaks were scanning boxes so they knew what boxes to open and which ones to not open. Really very easy to understand how they pulled all those big cards.
@@stevem9203well odds as well if you buy 3 cases of X cards the odds of pulling the hits goes up compared to a person that buys 1 or 2 boxes breakers will also come out ahead on just simple odds.
I think collecting prior to 2018 cards is fine but after only a few are real investing vs flipping. It's crazy how cheap Dwayne Wade cards are vs today's rookies especially scarcity.
Great video. I think we’re at the end of the most recent hobby boom which began in 2021. The graph will trend back up eventually but not at current wax prices
Influencers are not the only one have a bit of trouble I see were Fanatics has lost 14% and there CEO is sell 1Billion in personal stock, not much cash on hand is the rumor, I also see some big breakers are selling less, have a hard time filling breaks.
100% whole industry is down, the house of cards is gonna fall soon. Only so much pump a hobby can substain.
he could keep losing 100 million per fanatics fest but he stopped that by canceling the last 2
Yes there’s no such thing as investing in sports cards, especially when 99 percent of cards lose value over a 20 year period
It’s collecting, tired of the investing push
@ Spot on, thank you for this video, you have great content!
We are burnt out brother. The card market has become purely speculative, and many participants are just focused on quick profits. Those people have moved on to the next best thing. It’s an American Trend. Most Americans don’t want to put the work in to become successful. They want to hit the lotto. Cards are the modern lottery.
Great. The 2001 prices instead of 2021 prices at the card shows.
If anyone has followed breakers, not even participating and even just watching, for the last few years.... they're struggling to fill a LOT of product breaks. Sure, the new hot stuff fills up relatively quickly but, the stuff that's been out for a while or realized to be way overpriced - just sits and takes forever to fill up. Things have reverted to the mean in the collecting side... but NOT the pricing side. Nearly all new product is MASSIVELY over priced for this market. Crap that there is a near unlimited supply of is $200/box. It's insane and it's collapsing.
I haven’t even watched yet but I read the title and thought to myself “God I hope so”
Same
Hope so because if it is we can all go back to collecting the way we want. Those investing today are even more ridiculous than the guys in the mid 80s to late 90s hoarding junk packs and sets thinking they’d get huge returns in the following years.
Doom, gloom, scandals, rants, etc. have always drawn more eyeballs. I actually named my giveaway videos "Rant" because I knew more people would watch it. So to your point, I could see content creators switching to that concept.
Precisely
Wouldn’t be surprised if we don’t see these influencers move more in to Pokemon which is going through a boom 2.0 atm.
they already are
Card influencer advice is very comparable to stock advice at a cocktail party. No professional background and advice on a hunch. Negative or positive, the thought process is crowd mentality as no one wants to be left behind or miss out on an opportunity.
With SCR taking a hiatus from their channel, I will now rely heavily on you & AIH, love what you do, it is important to call out the bad guys & scams!
SCR were obnoxious hypocritical goobers....
I got back into sports cards a few months ago thinking that maybe after a couple decades the industry was a little more decent and less full of scumbags. WRONG. I think it's worse than it ever was. Good luck to all of you sticking around. I am out.
Card shows filled with trash. Card shops
With no inventory and jacked up pricing. Hobby cases being CT scanned and topps/panini flooding the market with Topps now and panini instant
Think you are right. Also player non performance is having an impact. CJ Stroud is having a bad year. More importantly Wemby looks like the second coming of Ben Simmons, cannot shoot. Everyone is realising that Wemby is not the new LeBron and stopped paying ridiculous amounts for his cards.
get yer mercury right here. step right up chimp. Guess your weight? See Zeon.
I’ve got a couple of thoughts to share with you Dan. I do think you are correct, in that content creators, flippers and side hustlers are leaving.
But, I think the vast majority of collectors, the true end user, the folks who love the cards, keep them and plan to pass them on to their grandkids because we DO NOT SELL them, are NOT on social media. They don’t watch these videos, they don’t buy into breaks. flip their big hits, they aren’t lugging their pelican cases from show to show.
Second, I think many of us gradually shift to vintage. Staying away from the new shiny things..holding onto the Mantles, Mays and Aaron’s. Aspiring to get a Cobb, Ruth or Wagner. We build sets and collections spanning decades, and most never see the light of day, never mind the internet.
only the smart ones that continue. the rest leave and never come back after the taste of broken teeth in their mouth
I wouldnt be surprised if there isnt some sort of algorithm shift on youtube similair to what happened to instagram years ago where overnight major accounts lost their reach
Didn't the owner of fanatics just put off going public and instead go to sell a large chunk of his company? Things are heading down.
Great video Dan. It is quite humorous that we're seeing the talking heads gravitate toward "negative" content when they were so adamantly against it in the past. Hopefully people are beginning to see those guys for who they really are.
Said this awhile back and everyone thought I was crazy. Same thing I said about Fanatics takeover when it happened. Easy to see.
Too many parallels, too much product, and unrealistic, rising prices is diluting value and interest. When the current trend veers toward junk wax 2.0, I’ll shift back to vintage again.
Sure hope so - repacks? Box prices? Joke! In two years, we’ll see who’s still around. I saw in another recent video that Rubin has taken IPO off the table and is looking for a billion dollars on the secondary market. He wouldn’t be doing that if he saw enormous growth
As you said in another video a lot of these people are relatively new to the hobby and are learning as they go. Sometimes it takes a lot for people to see the cracks in their world views.
In the stock market it’s called “Pump and Dump”… Watch “The Wolf of Wall Street” movie if you’re not sure what that means.
It's pretty simple....high print runs, high prices, breakers. They've essentially eliminated the average joe collector.
I hope this breaks the breakers! I hope this humbles Fanatics into getting back to the basics and make cards for the average hobbyist, not the "profiteers." I collect because I enjoy the hobby and the cards. I want the hobby to be cleaned of "high stakes gambling" and for a kid, like I was when I started, to be able to afford to get into collecting, too. I pay cash/debit, no credit, for what I buy, so I don't end up in debt for my hobby/collection. Pricing new products at the prices they are now, pushes some collectors out and other who want to stay in, into debt. Thank you for your honesty about the hobby and exposing the people who will ruin it, just for more money.
I hope it breaks fanatics and Rubin goes bye bye. Leave Topps and panini alone to try and outdo each other.
These influencers are pumping so hard they have left calluses on thier Naughty Bits and now are NUMB to any pleasureable Sensations. 😂😂😂😂😂🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉😂😂😂😂
There's just too many variations of the same damn player. It's more gambling than anything else (much more so than it used to be). I collect rookies of players I like. The numbered cards, and variations are something I could never see myself chasing.
I Collect since, 1990 sport cards, but not with this prices. No no no.
When the majority of cards have always been a falling knife, it's the fools chasing a dollar who are complaining the most. Most sports cards are like shiny new cars at first and then the reality sets in over the next few years. Only a little cream rises to the top in most scenarios. It's that the virtuous life of society is weak. But the playbook by the driving forces of greed, fear and emptiness inside ourselves distracts us from our needs of wisdom, contentment, and courage.
For the last 40+ years I have been quite fortunate..in being that I've never had an investment "point of view.." When it comes to collecting cards.
It's too much fun..
To have these types of "ideals.."
Yeah I won’t invest in any cards that are new. Time and time again waiting a couple years seems to pay off better for me. I’ve been priced out of boxes. Better for me to buy singles. Plus there is just way to many products for me to keep up. As well as scanning has really turned me away from buying boxes. For me we are in a junk wax era in a way.
The rats always scurry from a sinking ship, I’ll be glad when there gone! Prices can go back to normal! As a hockey card collector upper decks base entry lvl sets doubled in price for Bedard rookie year. People were outraged! But still purchased every single thing they could get so upper deck didn’t get the message. This is a bad thing, the greed of companies just waiting for the next big player is sickening. It prices kids / lower income parents right out of the market. Keep in mind people this is the lowest end entry level products I’m talking about.
Went from about 120 cdn to 230-250 a box.
I agree with you regarding box prices - but in case of hockey, Upper Deck doesn’t double up prices. They gave the UD series 2 away for 80 USD a box to their suppliers. The big money is made by those middle men out there who do nothing but distribute the stuff to the card shops…
Still waiting for Bedard to drop. It's the only YG card I'm missing from my set. 😢
@@Ben-nx1th you are certainly right about that Canada was 250 a box on release but the middle men did buy it all up to resell but even the e packs on there site are 140 usd or they were.
For people who just want to collect as a hobby, we have kind of been priced out IMO.
It will be fine. Certain cards and players will always be valuable.
you are right. Just not the ones you think of
I didn’t stop collecting I stopped watching creators regularly.
Only the elite can afford sports card collecting...the average hobby box is $350-$400. The outrageous prices is going to be the demise of the hobby
The traffic at smaller shows has slowed and the repackers coming in to buy it all up are less frequent than it was 6 months ago. Just what I'm seeing in my area. But of course, there are still some big trades being made, but seems down from before.
I would offload all but the most prestigious of cards,sports are getting too much negative scrutiny with Vegas gambling,the games are getting too cupcake with WWE like scripts,if too many people wake up and realize it's predetermined the prices will crater on memorabilia
That's why I started collecting almost exclusively 80s wrestlers. At least wrestling acknowledges its scripted unlike the rest of the fake professional sports.
I don’t collect cards for money or to make money I collect cards cause that’s what I like to do. Comic cards and wrestling cards
If we are still seeing overpriced Hobby boxes and Breakers then we are Far from it. I will surely welcome back Sports Cards Collecting!
All of the social media influencers pumping and dumping, oversaturation of content, all kinds of factors. There’s a lot of ugliness in the hobby now. People stopped caring about the hobby and started becoming shrewd and in some cases sketchy. Money ruins everything
I’m investing in Brady rookies, long term hold. The new stuff doesn’t excite me.
The market is flooded with “know it alls”. Costs of new products are hyper inflated and demand is significantly less than it was. This is an overdue market correction in my opinion. Fanatics bought high and over paid for Topps and the list goes on….
In the meantime....Every real "asset Market" in the world is up and up REAL BIG in a "down market, LOLOOLOLOLL. You haven't seen nothing yet
When it comes to watching guys rip product, there's only so many times you can watch someone pull a random color numbered card and care. There's seemingly new, overpriced product released every single week, and each one of those has dozens of "numbered" cards of the top players. It doesn't take long to realize that none of this stuff is going to hold value long term because there's just so much of it.
Going forward, about the only stuff that's going to hold value long term are vintage (there will always be someone interested in a Mantle Rookie, or an MJ rookie, etc), but the new stuff, especially the stuff released in the last few years will just sit forever because it's overpriced, overproduced, junk wax 2.0.
I’ve been saying for 4 months this is junk wax 2.0
@@jakepeters1404 Every show I go to is the same story. Outside of the handful of vintage dealers, every glass case has the same 20-30 players in various colors/numbers/sticker autos, and there's boxes upon boxes of base and "color" discounted to an absurd rate. I'm fully convinced that if I offered them $50 for a 4k count box of them, I could walk away with it and we'd both be happy.
Vintage wasn't vintage when it came out. Everything will be vintage at some point.
@@williamdunlapwaxnews I'm aware of that, however, there wasn't a mountain of artificial scarcity with the vintage. that's why there's only 1 MJ rookie, a handful of Mantles, even a handful of LeBrons. With a guy like Wemby, there's what, 2-3 thousand different rookie cards if you take into account all of the color and number variants?
Also, the reason the vintage stuff continues to hold value is because the kids who grew up with the stuff got older, got money, and wanted to relive their childhood, which drives demand. Kids today don't have hundreds of dollars for a box of cards.
no one sees you as a watchdog i promise
TCG’s are where you make your money and a lot more fun to collect at the moment. People are done with sports cards until they get creative again.
I was fairly big collector, but haven't ripped a box in about 3 years now. It just got too depressing opening box after box of duds for hundreds of dollars. Ironically I just watch lots of breaks now.
Great content Dan. Sportscards, watches, cigars and other “luxury items” are all down right due to global economic conditions. But yes, the blatant greed and artificial super inflation doesn’t help and could propel the hobby into a dark, down period. I think it will rebound though like it did before.
Repackers I agree, but not enough credit is given to breakers for helping grow with the exposure breakers give. there's barely any brick n morter shops so we can't go back 20 years
even WNBA cards are sold way above MSRP
Too much product. Too many variants and 1/1 per player. When everything is special nothing is.
Too much product ain't necessarily the problem.....one company releasing so many products is a problem. It was fine when you had multiple companies competing like fleer, Donruss, pinnacle, etc. because they drove each other to put out better product or be left behind. But this ctap with 100+ different topps products a year is plain ridiculous. Were putting the junk wax era to shame with the amount of cards being printed.
We need to seek out more content about the actual cards and collection building rather than industry news and card show coverage. Try ignoring new product for 1 full year and experience how the quality of a collection grows.
Content creation is a business. they gravitate to where to make money. Those that really lean into that, you can really see it.
Agree and it’s hilarious to see them defend being shills tbh
Might be able to get some great deals out there in a year or two if the trend continues.
Investing? I got into sports cards because I loved collecting the cards of the players and teams. Granted, this was since the 70's but I've never really considered it an investment vehicle.
謝謝！
Collector & Content creator fatigue.... fanatics is getting greedy. My guess? Cards HQ will be taking a hit soon...major hit. Who TF is buying 8k boxes of unopened ? The balls to price something at 8k is foreboding.
This is just like the stock market this is winter but summer will come back around an prices will go back up
With a statement like that, I would assume you werent in the hobby before covid......when we had 20 years scraping the bottom in this hobby between the 90s boom and covid. The noobs dont seem to grasp that none of these prices are gonna hold...NONE.
@johnwayne9828 I wasn't but pre covid the internet wasn't a big play like it is now the internet was there but not like it is now. for cards have gotten this popularity that really kind of won't go away cuz they can be in your face now I'm 35 so I remember the 90s in the early 2000s I just think there's too many factors for it to completely bottom out will it go down we'll go down further than we think 🤔 probably but there's too many other factors to keep it afloat to
Lets hope the investing era is over. Won't affect me or me buying but i am sick of watching the nonsense. They were never good for the hobby. Grifters
I want the pre zion hobby prices again
If you’re the guy that can afford a million dollar card ? Why buy a piece of cardboard ? You have the money 💰. There are only a few people that can drop that kind of cash on a piece of cardboard . Good luck selling it . The only one getting rich is the card makers .
Since SCR not live streaming, any chance you can fill that void to get card rowdy ?
Yep. This annoys me. “RIP”? “The End”? There is no end, man. And you know why you were going to annoy people. The sky is Not falling so please chill.
Dan the Man! The low end collectors are being priced out, as Fanatics are going for the quick buck, not worrying about bleeding the hobby dry
I got back into the hobby last year after deployment. I’m having a really fun time. It’s def a grind, but if you do your research and budget well, it’s actually super fun like being a kid again 🤷🏽♂️
Have been seeing this for months..... breakers are a joke and all the different products no thanks
Conflict compounds views.
As long as it’s legitimate. A lot of manufactured negativity going on that is fundamentally the reason why peoples channels are struggling
"Wall Street" and "Walmart" aren't in the same "NeiGhBoRhOOd.."
Wow everyone is posting the same video today. As Warren Buffet says - when everyone predicts a downward trend - it never really happens.
Yeah that pertains to stocks, not overpriced sports cards
Investments???? Far from. All cards are at top value while players are doing nothing exciting. The hype is what keeps this hobby going and collectors broke. Collect for pc and not for investments.
What?!!! I thought 0range Jesus was going to Make Cards Affordable Again!😂
If your referring to trump its not funny.
@@williamdunlapwaxnewskinda funny actually
@@williamdunlapwaxnews Yeah it is. Cry it out bro
Continuing on w/ my Rant. Dan. I'm sure you've added up this long term Rant comment. " forgive me" 🙏. I've seen both Willie's, bonds Sr., Brock, Powell, griffey Sr., Jackson, and the entire A's world series mustache run games, Candlestick Giant's, Oakland raiders, 49er's, Los Angeles rams, San Diego chargers, San Diego padres, Dodgers, attended a Stanford game w/ plunkett, won a football pool!!! My father's buddies were pissed !! EVERY quarter !!! Took their $$$$ . Bought cards. I traded cards, flipping cards against the wall, playing little league paper route??? $$$$ more cards. Do my chores, walk the dog, take out garbage, mow the lawn, and many others lawns, moved to Colorado. Broncos. No baseball at the time. Continuing with my madness. Though I'm involved with the snow skiing industry and have been actually in the past growing up.
Quite the video. “A lot of RUclips people making negative videos desperate for views” AKA Dan the Card Man. The negativity is due to people desperate for attention , haters, people who can’t afford the hobby, and people who aren’t smart enough the not be brain washed by you and Sports Card Radio. There are plenty of real issues in the hobby that need to be addressed but they are never the ones you talk about in your videos.
😂😂so what issues bother you, "kareempie"?
Brainwashed? Mate, if you see my stuff as negative when I’m talking about known issues to try and help people than it says more about your perception of the world than anything I am doing
Exactly, name these issues
@@DanTheCardMan2 I have named them several times, but let me state the real issues with the hobby again.
1. Overproduction, too many different products and too many parallels
2. Wax Prices
3. Quality Control of the cards , too much fresh from the pack condition issues
4. People who don’t understand that card collecting isn’t only PC / Obsessed Fan Boys
5. Negative RUclips clowns who are trying to “short sell” the hobby to get views
6. Dirt bags in the hobby / non paying eBay buyers
7. Redemptions / sticker autos / non game used patches / players signing initials
8. PSA 9 selling for less than raw for modern cards.
A lot of people probably lost a lot of money and so many who lost a lot of money have probably sold out what they had and lost interest. I was lucky and was older and had filled my collection 10 years ago and then sold out 1/2 of my collection the past 3 years. I'm keeping the PSA runs on my Mays, Mantles, Aarons and a few others, but have lost interest the past year or so
I moved out of sports cards over 4 years ago. I still buy a hobby box of topps flagship to open. I moved to pokemon as my side hustle. It's done better for me than sports cards ever have
#theendisnear for sports cards collecting
Cat drives me crazy. I swear!! She talks!!! Dan . @ 66yrs. Grew up w/ a father that was a livestock veterinarian. Along with the love of baseball and football. Began attending games @ 5yrs. Old. Family moved around. my dad's job. Have been fortunate enough for seeing the best players of both baseball and football players at their job. As acquiring sports cards since about 1966, ending the hoard around 2002.
alot of these new money "investors" have lost their shirt and have quickly realized that there are actual assets that you can invest in if you have the type of money to be spending 5 - 6 figures on cards and wax