Will this stock market madness affect cards?

[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.

[Hankphenom]

For actual collectors, what difference does it make? Decisions will continue to be made according to changing circumstances both in the marketplace and in one's personal financial situation. In other words, it will be, as ever, "collect what you like, can afford, and want to spend your money on." For some, it could be a great opportunity to pick up more stuff at better prices; for others, it might mean having to sell stuff to make up for losses or meet margin calls. For the hobby in aggregate, I don't think it will mean much, as I don't recall precipitous price drops or any kind of flooding of the market in previous financial and economic crises, more of a slowdown in activity and stall in prices for a year or two before a return to normalcy.

[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?