Quote:
Originally Posted by mrreality68
Alot of the New Money from people that made money on NFT's, money coming in from Hedge Funds and the likes, Crypto Money is not there as much anymore.
The modern market was flooded with Raw Cards that became graded and added to the inventory and the Famous 1 of 1 refractors etc.
This is a correction in the market but it is still up in most Vintage over Pre-covid so those that were early collectors did well and others if they were strategic and bought right.
Sadly many may still be underwater and I just hope they stayed within their budgets and did not get burned
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Crypto money IS there, it's just not here in sports card collectibles at the moment. Blackrock Bitcoin ETF, crypto gaming, the Bitcoin halving in 8 months - it's a 4 year cycle in crypto... just wait for '24-'26, the money coming back into cards will be another tidal wave - imho.
Can't wait to see the reports on the great vintage stuff coming out of Chicago though - exciting week every year!