Quote:
Originally Posted by darwinbulldog
I bought a bunch of Darius Garland rookie cards at the height of the market for about $300 each. Not my best investment. They dropped to $10 earlier this year, and now with Cleveland in first place they've rallied to $30.
But this is the same market in which I bought a bunch of Leo Messi cards for $20 each and sold them later the same year for $800-$1000 each, so I suppose it worked out alright on balance.
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Sure, and that's the other side of it. If you are collecting cards of active players, their prices are going to go all over the place based on how they are playing.
The point I was trying to make is that if you look at the basketball card market since 2021, it looks like it is tanking, but if you look at it over the last 5 years or longer, prices are way up. Iverson has been out of the league for 15 years. His cards go up or down based on the market demand for NBA stars. To pick a different player, Kobe's prices are similar. His Chrome refractor rookie was $6k in 2019, ran all the way up to $118k, and is now at $18.
The reason Doncic cards have gone down is because of the overall market, not because of Doncic specifically.
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