Recession and effect on cards

[Leon]

Originally Posted by bbcard1

I just don't know. I think that the baseball card has disconnected from the sport and is functioning more like the art market now. Of course, I am often wrong.

I agree with this. Cards have a life of their own (at least vintage).
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[mrreality68]

Originally Posted by Leon

I agree with this. Cards have a life of their own (at least vintage).
.

+1 agree especially vintage.

But the more modern cards especially the last 5 plus years are tied to the success of the young super stars or potential superstars as we see with these special cards created, refractors, minor league cards of the potential superstar etc

[JollyElm]

I think today's the day I'm finally going to run down to the coin store and exchange all of my Gregg Jefferies rookie cards for gold bullion!!!

[Rich Klein]

And yet history tells us cards can sometimes explode during a recession.,

The hobby boom of the late 1970's-81 was during a recession

The mega hobby boom of 1987-93 came with the recession along the way

Now the market did soften significantly during the economic issues of 2007-2011 or so

So I think things depend on other factors. This market has changed so much that we can guess but that's all we can do

Rich

[Casey2296]

Buying Cobb, Ruth, Wagner, is like buying coastal property. They're not making anymore of it so if you can get in at any point get in, you won't be disappointed.

The days of cheap money and frivolous spending are coming to an end and there will be a lot of folks holding their "modern junk" in their hands.

The Fanatics/NFT crowd will go the way of SPAC's, shits going to get real for the general public. Older folks here remember what a monster inflation is and it's affects to a lot of folks. The UMC/MC will pull back from the market in a big way, and lets face it, those are the two most important classes to the collectibles market.

[Exhibitman]

Originally Posted by Casey2296

The days of cheap money and frivolous spending are coming to an end and there will be a lot of folks holding their "modern junk" in their hands.

I see what you did there.



You are a bad man. Very, very bad man.

[oldjudge]

Originally Posted by Casey2296

Buying Cobb, Ruth, Wagner, is like buying coastal property. They're not making anymore of it so if you can get in at any point get in, you won't be disappointed.

The days of cheap money and frivolous spending are coming to an end and there will be a lot of folks holding their "modern junk" in their hands.

The Fanatics/NFT crowd will go the way of SPAC's, shits going to get real for the general public. Older folks here remember what a monster inflation is and it's affects to a lot of folks. The UMC/MC will pull back from the market in a big way, and lets face it, those are the two most important classes to the collectibles market.

LOL, with rising ocean levels they actually are making more.