Quote:
Originally Posted by 53toppscollector
I don't collect modern cards, but there are obviously player collectors out there who legit are trying to collect as many cards of a player as possible. The popular guys like Lebron, Curry, Mahomes, etc, there are people who genuinely want to collect their stuff, especially the rare/auto'ed stuff. Lots of people just treat modern cards as assets to flip short term to recognize a profit. And the hobby needs liquidity from people like that, so I never view it as a bad thing. This is essentially the Junk Wax 2.0 era now, with regard to base cards
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Thanks. I have never thought of anything, short of fraud, as good or bad in the hobby, just trying to understand it. Couple of questions from your answer: please explain how liquidity (meaning cash sloshing around, I assume) benefits the hobby outside of the modern sector--is it that some of that cash will move into other sectors?; what are base cards, and what happened during the first junk wax era, which I take to be the late 80s and 90s? Any other insights will be welcomed.