In fall 2019 the hobby started to gain a lot of new interest after nearly a decade of stagnant prices.
When I say a lot of new interest, I mean a whole lot of new interest. People were raiding stores in 2020+ when blasters/boxes were being stocked. Junk wax that sat for years doing nothing was not only selling again, they were fetching prices not seen since the 90s. Vintage interest went up and while things are getting a lot more sane in many areas of vintage, the prices are still way up compared to pre-2019 prices.
Money is still flowing heavy through the hobby even if the peak seems to have passed. It's not a peak and crash as of now, it's more of a peak and new normal.
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