Junk slabs....... I like that term. It's just a touch ridiculous that the 80s and early 90s are considered junk wax but if they get sent to psa for a slab and a grade.... poof...... now the worthless card is worth a lot...... 🤔🤔🤔🤔🤔
Junk wax and slab era been here for years. Just about every card that’s been massed produced will be not worth as it’s advertised as years go by. This is why everyone should just collect for whatever they like, the value shouldn’t be the focus all the time.
Thank you for doing these updates!!! You get information that is very insightful. Personally, I prefer raw ungraded cards. I have a limited number graded because of how they display. I have experimented with grading so I can be better assessing raw card values. It is very entertaining watching these grading numbers grow. Slabbed cards take up a lot of space. I am continually surprised at how the grading trend keeps growing. At some point, it has to hit a limit. Not sure when, but I believe it is out there somewhere.
I don't think Beckett is in such a bad place. With next to zero effort they still got 650,000 cards. With proper upgrades to their process, they can easily remain profitable. I agree it's not an overnight fix, but they still have enough of the market to be in the space.
@@Jacob_SpangI have to be honest, if you think that lost BGS all credibility, which of 100 situations has lost P$A all their credibility. I can start rolling from scandal to scandal…. They all make mistakes. Buy what you want and love. I’ll buy PSA, BGS, and SGC. They are the best three we have access to…
12:59 Visualising the Wemby Prizm phenomenon…. So a 23/24 Prizm Basketball case was 12 boxes with 12 packs of 12 cards = 1,728 cards per case. From that, imagine just over 23 CASES of 23/24 Prizm Basketball, every pack being opened to reveal that every card in every pack was a Wemby #136, and every card then being graded ! 😮
Anything ultra modern in sports cards unless very scarce shouldn't even be graded tbh. Too many parallels and way too many slabs. Pokemon and TCG at least seem to be doing it right while Fanatics and Panini are printing like it's 1989. Collectors Universe is still the monster because of owning PSA and SGC. I'll keep buying raw cards bc I collect cards not slabs
I dont think it matters about the grading per-say. What matters is the card overproduced? Like Wemby. His cards are going to be useless (mostly) one day b/c there are MILLIONS graded. Also Panini is absolute trash. NOBODY cares about 63 parallels in one set. Those cards are 100% worthless unless it is /10 or fewer and even those wont be that special (imo). The rare cards, #'d RC's, rare inserts, vintage, etc are going to be the cards that are valuable in the long run. I already started to sell off 75% or more of my collection. I am only keeping 50 or less cards. The rest have to go. I am **this close** to selling almost ALL of my cards and buying gold instead.
I agree with your sentiment! Way too many cards being produced and way, way too many being graded. I started consolidating a few years ago. I collect and am not in this to flip (deal) or invest. I am trying to get down to about 100 to 200 cards that I can easily display and enjoy. I believe the broad market is headed for a price collapse. There aren’t enough collectors to support the volume being produced or graded.
I agree with your sentiment! Way too many cards being produced and way, way too many being graded. I started consolidating a few years ago. I collect and am not in this to flip (deal) or invest. I am trying to get down to about 100 to 200 cards that I can easily display and enjoy. I believe the broad market is headed for a price collapse. There aren’t enough collectors to support the volume being produced or graded!!!!
Hey, i only watched the beginning so far and i already just wanted to say i am a Marvel Collector and grader and i grade all PC cards and many others with TAG now. really like their service and the slab is best looking out of all slabs IMO. once more people try them they will get hooked too. only a matter of time. Lots of my friends in marvel are going over to TAG as well for PC. resale is still PSA but i have sold some TAG 10 slabs at the same a PSA slab would do which is great and interesting. They just have to get the tech to grade over 55pt cards. thats the big downfall right now. I cant wait until they grade die cut and over 55pt. Will get really interesting then. Cheers and love the content. happy new year
It’s not a junk slab era. We are in a super duper junk wax era. People are grading the ultra modern trash. They are printing more now than the late 80s early 90s. Ultra modern isn’t going to hold long term value (2018 to present)…. 2014 and before was printed much much less…. Only ultra modern raw goes more than a 9, which makes zero sense (it can only be because ultra modern gems at such a high rate)…
YUP. Simple demand and supply.... Learned that in high school.... when supply goes up and demand drops.... OH SNAP! Its going to get bad for prices in 2 years :)
Most cards should not be graded. It is scary to think PSA is grading over 1M per month alone. It is great for collectors though, we can now buy graded cards for less than the cost to grade.
CRAZINESS!! Love a few slabs here and there but mostly raw dog collector ... 20 milly is WILD!! Not the best trend for the hobby but hey, if people wanna slab go ahead. Strongly dislike how newcomers feel an obligation to get their cards graded.
1990's TCG is the first 3 English Pokemon Sets (Base, Jungle, Fossil, Base Set 2), and numerous Japanese Sets. WOTC continued making Pokemon sets until 2003. Also they do grade MTG, and that's Alpha through Mercadian Masques. Foil Urza's Legacy cards have a ridiculous graded premium as they were the first official foils not including test prints, or the Foil Lightning Dragon that was Saga's prerelease card.
Thanks for walking us through this! I love all the numbers and data. When you look at the numbers broken down by category like this, the CGC+SCG merger just makes too much sense. CGC snoozed and loozed and PSA is even bigger now.
9:32 Interesting stat. In the ‘TOTAL’ category, basketball cards, thanks to the power of the ‘Wemby & Clark’ effects, went up a massive 56%. That increase pushed them up above Football into the #2 graded sport of the year.
With 20 million cards slabbed….. let’s say that any grading company extracts…. minimum….. $5 profit per card from every card graded. That would mean that in 2024 alone, $100 Million in pure profits was made by grading companies. And that’s not even counting the upcharge fees PSA would’ve charged. 😮
Grading is a good thing. It authenticates your item, protects and encases it, and makes it liquid to see online (cuz it’s hard to buy the card without it in hand). People need to raise the bar on what SHOULD be graded in my opinion. People are grading too much ultra modern trash and cards that aren’t rare or big money…
Of those 2023/2024 cards, in the year 2030 maybe 1% of them will prove to have been worth grading. The rest will be sub $10 cards and probably over 50% will be sub $1 cards, even in the slab.
CGC, to me, is where I want to send 90s non-sports cards, especially Marvel, DC, and Star Wars cards. However, their large 90s TCG/NS grading percentage is still probably Pokemon.
![I.N "HALLUCINATION" | [Stray Kids : SKZ-PLAYER]](http://i.ytimg.com/vi/n5B5q1Hwt_U/mqdefault.jpg)
When 9s are selling lower than raw, you might have a junk slab situation.
And some of the 9's look better than the 10's
@@garygordon3075 they do that to make people send in more junk cards
Junk slabs....... I like that term.
It's just a touch ridiculous that the 80s and early 90s are considered junk wax but if they get sent to psa for a slab and a grade.... poof...... now the worthless card is worth a lot...... 🤔🤔🤔🤔🤔
agreed, definitely junk slab era.
and that is why I am scooping 9s left right and centre!
Could you imagine if PSA ran the 200$ membership package.. with 15 grades included... again??..
Junk wax and slab era been here for years. Just about every card that’s been massed produced will be not worth as it’s advertised as years go by. This is why everyone should just collect for whatever they like, the value shouldn’t be the focus all the time.
Thank you for doing these updates!!! You get information that is very insightful.
Personally, I prefer raw ungraded cards. I have a limited number graded because of how they display. I have experimented with grading so I can be better assessing raw card values. It is very entertaining watching these grading numbers grow. Slabbed cards take up a lot of space. I am continually surprised at how the grading trend keeps growing. At some point, it has to hit a limit. Not sure when, but I believe it is out there somewhere.
Thank you for this eye-opening information packed video!!!
Gave a video like. The market will adjust, and we will see less of these dime box cards being graded before long. Enjoyed the video as always.
Grading when only one grade matters is a exercise in stupidity
We’re in the ultra junk slab era now
I don't think Beckett is in such a bad place. With next to zero effort they still got 650,000 cards. With proper upgrades to their process, they can easily remain profitable. I agree it's not an overnight fix, but they still have enough of the market to be in the space.
When they said minimum gem's were really just mint they lost ALL credibility. Dumpster fire!
@@Jacob_SpangI have to be honest, if you think that lost BGS all credibility, which of 100 situations has lost P$A all their credibility. I can start rolling from scandal to scandal…. They all make mistakes. Buy what you want and love. I’ll buy PSA, BGS, and SGC. They are the best three we have access to…
12:59 Visualising the Wemby Prizm phenomenon….
So a 23/24 Prizm Basketball case was 12 boxes with 12 packs of 12 cards = 1,728 cards per case.
From that, imagine just over 23 CASES of 23/24 Prizm Basketball, every pack being opened to reveal that every card in every pack was a Wemby #136, and every card then being graded ! 😮
Napkin math: You could lay those slabs end to end from Charlotte to west of Albuquerque.
Anything ultra modern in sports cards unless very scarce shouldn't even be graded tbh. Too many parallels and way too many slabs. Pokemon and TCG at least seem to be doing it right while Fanatics and Panini are printing like it's 1989. Collectors Universe is still the monster because of owning PSA and SGC. I'll keep buying raw cards bc I collect cards not slabs
Good to see CGC doing well but sucks seeing Beckett doing not so well 🫤 well hope you all have a good day and thanks for all this info man 🙏
I dont think it matters about the grading per-say. What matters is the card overproduced? Like Wemby. His cards are going to be useless (mostly) one day b/c there are MILLIONS graded. Also Panini is absolute trash. NOBODY cares about 63 parallels in one set. Those cards are 100% worthless unless it is /10 or fewer and even those wont be that special (imo). The rare cards, #'d RC's, rare inserts, vintage, etc are going to be the cards that are valuable in the long run.
I already started to sell off 75% or more of my collection. I am only keeping 50 or less cards. The rest have to go. I am **this close** to selling almost ALL of my cards and buying gold instead.
Buy Bitcoin and crypto instead gold. 😅😅
There's millions of 60s and 70s baseball graded. Even more than modern but people still eat it up.
I agree with your sentiment! Way too many cards being produced and way, way too many being graded. I started consolidating a few years ago. I collect and am not in this to flip (deal) or invest. I am trying to get down to about 100 to 200 cards that I can easily display and enjoy. I believe the broad market is headed for a price collapse. There aren’t enough collectors to support the volume being produced or graded.
I agree with your sentiment! Way too many cards being produced and way, way too many being graded. I started consolidating a few years ago. I collect and am not in this to flip (deal) or invest. I am trying to get down to about 100 to 200 cards that I can easily display and enjoy. I believe the broad market is headed for a price collapse. There aren’t enough collectors to support the volume being produced or graded!!!!
Junk TCG era, junk panini era, junk Beckett era, junk topps pyjama card era
Grading isn't going away. We all need to get ahead of the curve and learn what and when to grade.
Hey, i only watched the beginning so far and i already just wanted to say i am a Marvel Collector and grader and i grade all PC cards and many others with TAG now. really like their service and the slab is best looking out of all slabs IMO. once more people try them they will get hooked too. only a matter of time. Lots of my friends in marvel are going over to TAG as well for PC. resale is still PSA but i have sold some TAG 10 slabs at the same a PSA slab would do which is great and interesting. They just have to get the tech to grade over 55pt cards. thats the big downfall right now. I cant wait until they grade die cut and over 55pt. Will get really interesting then. Cheers and love the content. happy new year
TAG is waste of time.
It’s not a junk slab era. We are in a super duper junk wax era. People are grading the ultra modern trash. They are printing more now than the late 80s early 90s. Ultra modern isn’t going to hold long term value (2018 to present)…. 2014 and before was printed much much less…. Only ultra modern raw goes more than a 9, which makes zero sense (it can only be because ultra modern gems at such a high rate)…
YUP. Simple demand and supply.... Learned that in high school.... when supply goes up and demand drops.... OH SNAP! Its going to get bad for prices in 2 years :)
90s TCG playing "catch up' IMO. Great breakdown, Neo!
Awesome information Rob thank you!
Most cards should not be graded. It is scary to think PSA is grading over 1M per month alone. It is great for collectors though, we can now buy graded cards for less than the cost to grade.
So in two years one company will own 90% of grading and one company will own 90% of the product.
CRAZINESS!! Love a few slabs here and there but mostly raw dog collector ... 20 milly is WILD!! Not the best trend for the hobby but hey, if people wanna slab go ahead. Strongly dislike how newcomers feel an obligation to get their cards graded.
Psa is not what they think it really is. So much cor ruption
Sgc commited to several TCG shows this year including the huge tacoma show should be interesting
1990's TCG is the first 3 English Pokemon Sets (Base, Jungle, Fossil, Base Set 2), and numerous Japanese Sets. WOTC continued making Pokemon sets until 2003. Also they do grade MTG, and that's Alpha through Mercadian Masques. Foil Urza's Legacy cards have a ridiculous graded premium as they were the first official foils not including test prints, or the Foil Lightning Dragon that was Saga's prerelease card.
Thanks for walking us through this! I love all the numbers and data. When you look at the numbers broken down by category like this, the CGC+SCG merger just makes too much sense. CGC snoozed and loozed and PSA is even bigger now.
9:32 Interesting stat.
In the ‘TOTAL’ category, basketball cards, thanks to the power of the ‘Wemby & Clark’ effects, went up a massive 56%. That increase pushed them up above Football into the #2 graded sport of the year.
Wonders of the First is the TCG you are referring to. How long before PSA grades 20 million slabs on their own?
I like bgs slabs alot 9.5s and 10s
Easily my favorite as well
With 20 million cards slabbed….. let’s say that any grading company extracts…. minimum….. $5 profit per card from every card graded.
That would mean that in 2024 alone, $100 Million in pure profits was made by grading companies. And that’s not even counting the upcharge fees PSA would’ve charged. 😮
What are the repack numbers for Beckett and CGC? Just wondering.
Well done video, thank you
SGC so much better than PSA.
Who is spending all this money grading cards? It’s insane.
I wanna know who owns the 50 million cards graded by PSA in the last 5 years
@@gradedcards5516ultra modern trash, 99 percent of it
@gradedcards5516 A lot of them aren’t worth the grading fee.
Beckett coasters
Grading is a good thing. It authenticates your item, protects and encases it, and makes it liquid to see online (cuz it’s hard to buy the card without it in hand). People need to raise the bar on what SHOULD be graded in my opinion. People are grading too much ultra modern trash and cards that aren’t rare or big money…
I don’t know one thing about Pokémon or any of that stuff, just sports cards…. So I’m only talking that. It could be completely different for Pokémon.
I love cards, but I've never owned one graded card. Are there 20 million people who want to own one or more traded cards?
in hindsight beckett should have just committed to changing there grading standards like they initially said they would lmao
Of those 2023/2024 cards, in the year 2030 maybe 1% of them will prove to have been worth grading. The rest will be sub $10 cards and probably over 50% will be sub $1 cards, even in the slab.
CGC, to me, is where I want to send 90s non-sports cards, especially Marvel, DC, and Star Wars cards. However, their large 90s TCG/NS grading percentage is still probably Pokemon.
Cant have junk slabs without having tons of junk cards too 😩😂
Invest in plastic. 😂 😂
Do you follow Rudy and how grading company. They are giving sealed magic when you grade 20 cards. I like the incentives
Richardson 5th most graded by psa. Lol! He’s a stiff. The crap some of you send to get graded is amazing
Michael Jordan is the grading GOAT!
Did you use AI for your thumb?
Yes
@NEO_Cards_Comics i have been experimenting as well do you have a program you like?
People should only be getting rookie cards/auto rookies graded.......
I see too many people getting commons graded & it doesn't make sense at all....
10:53 I’d be interested in knowing more about what comprises vintage TCG 1950’s and earlier. Is there a Jesus Kaboom somewhere?
I'd assume it is historical figures cards and they just get lumped into that group since it isn't sports.
Superman cards batman cards ect
Is Jim Beckett still alive? Poor guy
Those CGC sports card numbers, yikes!
It will go up now that they grade thick cards.
Ahhhh PSA pop count to the moon 🌝
Mostly tcg and base junk
ONE PIECE!!!!
Geezus christ
I dont think there .are ..100k..cards .worth .grading .on the planet