I think of it as a transition, from pure junk wax of the late 80's to the early 90's and a bit beyond where there were some pretty nice cards with much more limited production, but a very few great inserts. That eventually led to now, what I sometimes call the lottery era, with overly elaborate base cards that even with lower production aren't really worth much even years later, and a very few very low production inserts that may be worth a lot but only if it's the "right" player.
I'm not sure what's next.
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