Will this stock market madness affect cards?

[mintacular]

You make some valid points but I'm not sure where the 30,000 vs. 1 million assumption is coming from?

[Dpeck100]

Originally Posted by mintacular

You make some valid points but I'm not sure where the 30,000 vs. 1 million assumption is coming from?

They under no circumstances print anywhere close to as many cards today. I made a guess of 30,000. It might be 50,000 but it certainly isn't a million. I am close to 41 and from the time I was in kindergarten into early middle school you could find packs of cards everywhere. Grocery stores, convenience stores, gift shops, card shops, card shows, and at baseball games. Good luck with this today. Just viewing the distribution channels it is easy to see the overall supply is drastically lower. I read at one point Topps had reduced production by 80% and that was years ago. Anyone trying to suggest the card production is similar to 1991 Topps is delusional. I don't assume you think that as that would be nuts.

[mintacular]

Walmart and Target? They carry tons of this product don't they? Pretty sure much more than 50K nationwide?

[sbfinley]

Since we are wandering down this hole, I believe the rough estimate for 2020 Topps series 1 is 250,000 not including factory sets.

[Dpeck100]

Originally Posted by sbfinley

Since we are wandering down this hole, I believe the rough estimate for 2020 Topps series 1 is 250,000 not including factory sets.

Good info.

I did a little digging and the estimate for 1991 Topps is 3 to 5 million.

If baseball card production has gone up in recent years that is great and there are quite a few hobbyists that believe the card market will die out in the coming years due to lack of interest and perhaps this is a sign that future generations will remain interested.

The card manufactures figured out long ago that they couldn't produce as many and the focus obviously became on chase cards to move packs.

[Johnny630]

Also set building for modern cards is a thing of the past. They only want to high end insert numbered cards. Check out all the case breaks on eBay and break ninja it’s a total business and or gamble/speculative investment.

Many love the gambling aspect on Facebook as well with Razing of Graded Cards. It was super hot the past two years now it has died off drastically. People still do it but it’s not as hot as it was. Most Razzed cards from
What I’ve seen are not good lookin examples for their grades.

[90feetaway]

The virus scare is fueling the stock market decline. If the infection seriously spreads in the U.S. that will spook people out I think. In that case, buying cards won't be a priority. Already I hear people are paying $200 for masks on Amazon.

[Snapolit1]

It depends.

[Exhibitman]

Originally Posted by 90feetaway

The virus scare is fueling the stock market decline. If the infection seriously spreads in the U.S. that will spook people out I think. In that case, buying cards won't be a priority. Already I hear people are paying $200 for masks on Amazon.

But are they base set or numbered chrome rookie masks?

[Rich Klein]

Originally Posted by Dpeck100

They under no circumstances print anywhere close to as many cards today. I made a guess of 30,000. It might be 50,000 but it certainly isn't a million. I am close to 41 and from the time I was in kindergarten into early middle school you could find packs of cards everywhere. Grocery stores, convenience stores, gift shops, card shops, card shows, and at baseball games. Good luck with this today. Just viewing the distribution channels it is easy to see the overall supply is drastically lower. I read at one point Topps had reduced production by 80% and that was years ago. Anyone trying to suggest the card production is similar to 1991 Topps is delusional. I don't assume you think that as that would be nuts.

David:

I know Mike Sommer did an analysis after Topps did the million card rip early this month and he thought that was about 2 percent of the total print run of 2020 Series 1 Topps.

Assuming 25 percent of the cards were not base cards (which I think is correct in a Jumbo pack) that means approximately 2272 (we'll round down to 2250 for our purposes) of each base card was pulled.

If that really was 2 percent of the total run; that means 2250 X 50 is the amount of each base card produced (There are no SP's in basic Topps -- the SP's are considered parallels)

That means 112,500 or so of each base card was produced for 2020 S1. That number might actually be a bit low when you consider factory sets and more later so I'm going to add 10 percent and round

125K of each 2020 Series 1 base card was issued. Yes, no other set comes close to this print run but that's the best answer I can get.

And that's why just about base card will end up in your local card show dime box

Rich

[Rich Klein]

And as for the stock market affecting card prices -- I think the person who said employment is more important that stock market -- I think that person is correct

Rich