Does the stock market affect card prices?

[MRSPORTSCARDCOLLECTOR]

I say none because how many times has the stock market gone down since 1980?
The good sports cards will always have value. I don`t see the stock market affecting Babe Ruth, or Michael Jordan rookie card market.

[1952boyntoncollector]

Originally Posted by BASEBALLCARDGURU

I say none because how many times has the stock market gone down since 1980?
The good sports cards will always have value. I don`t see the stock market affecting Babe Ruth, or Michael Jordan rookie card market.

right 'the good sportscards' we had this discussion before...how many exactly is that......there are going to be the cards on the fringe that some think are 'good sports cards' and but most others think they aren't that will get hammered since only 'the good sports' cards will always have value..

that's the key...its still not good for the hobby when only the 'good sports cards' have value since 99.9% of cards out there aren't 'good sports cards' including most of my collection

[ALR-bishop]

Thank goodness we finally have one on board, Welcome

[1952boyntoncollector]

stock market getting destroyed again..

I do think the big big cards will always have those rich people. high grade mantle/wager etc...but for the guys that make 100k-500k etc....good lucky getting them to pay 15k on a card if they are down 40% in the savings in the market etc. until the market rebounds.

[Johnny630]

1952byntoncollector I totally agree with you. Market recessions greatly effects the middle working class vintage collector. Along with investors highly tied to the oil industry during this decline in crude. To me slabbed vintage cards of big name stars, especially rookies, and rare scarce cards graded 7 and above (PSA/SGC) are commodities that will continue to rise. Their will always be a heavy hitter to grab them up at any cost. I however could foresee a downturn in mid level to lower graded cards. Idk great discussion either way :-)

[Mountaineer1999]

I think the market put in its bottom today... Up from here. So let the buying continue!

[Exhibitman]

My research for my boxing card book indicates that card markets tend to lag the stock market by about a year. Specifically, the market for boxing cards stayed reasonable until about mid-2009, when it started dropping, and it dropped until fall 2010, when it bottomed out. The rebound similarly has lagged the market. That said, I think the better correlation as to all but the really expensive cards is the labor market and possibly the real estate market. When employment is strong and real estate is rising--as is the case over the last year or two--cards do well. Classic lower-end luxury goods.

One strategy to consider if you don't want to spend big on cards: modern. There are some beautiful sets from 1984 on from which you can get HOFers for less than a cup of coffee. And also the Topps heritage issues and tribute issues. They might not increase in value but you can collect and enjoy them guilt-free.





Another one: 1970s. I'm a kid of the 1970s, so my heart is with the good old Topps issues from the era. You can collect all but the top RCs on the very cheap, especially if you are good with nice looking 5-7 level cards. Even 8-9 from the late 1970s are really cheap right now.