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<p>[QUOTE="TychoCelchu, post: 1877702, member: 67798"]There were a couple other historically strong collectibles that experienced a big bubble then massive fallout around the same time (though a few years later): Sportscards, and Comic Books.</p><p><br /></p><p>For sportscards: In the '80s Topps/Donruss/Fleer massively overproduced (great for kids, bad for investors); but then they massively underproduced massively. (That is, they put out 10,000 specialty high-end packs at limited numbers, and 10,000 limited 1/100 inserts, etc.) They also priced kids straight out of the market. They changed the market to speculative investment.</p><p><br /></p><p>Comics: Also priced kids out of the range for "limited editions", variant covers, glowing metallic covers, etc. Also were trying to feature contemporary product as an investment for the future.</p><p><br /></p><p>Sportscards still are priced out of range and enjoy a specialty niche with 1/1 cards, $400 five-card packs, etc. But from what I see it's mainly the investors trading/selling with each other. There isn't a market for it as an investor outside of that clique. Comic books have settled down a lot; though not sure about current demographics of buyers.</p><p><br /></p><p><br /></p><p>Of course, coins are different. Coins didn't change to limited editions or bling back then. But perhaps the common trend of the bubble for these collectibles were speculative investors. Not sure grading is such an apt correlation: Overstreet and other comic guides have illustrated grades decades before the first major grader, CGC came out in the late 90's. PSA for sportscards did start around 1990, but I was in minor collecting til around '97 and just followed Beckett, and shops I dealt with had no PSA-graded cards.</p><p><br /></p><p>Maybe the best thing to come away with is that the strongest investments of all of these have been steady historical examples. Action Comics #1, Topps T-206, 1916-D Merc. So basically, it's wiser to invest in older stuff, which has great value even at non-perfecft or even lousy physical states. Spending an extra $80 on a 9.9 Andrew Luck vs. a 9.8, or a MS-70 Hawaii quarter vs a MS-69, is imo pretty dumb. Unless you're going to flip it real quick for a profit. But as something to hold on to? No way.[/QUOTE]</p><p><br /></p>
[QUOTE="TychoCelchu, post: 1877702, member: 67798"]There were a couple other historically strong collectibles that experienced a big bubble then massive fallout around the same time (though a few years later): Sportscards, and Comic Books. For sportscards: In the '80s Topps/Donruss/Fleer massively overproduced (great for kids, bad for investors); but then they massively underproduced massively. (That is, they put out 10,000 specialty high-end packs at limited numbers, and 10,000 limited 1/100 inserts, etc.) They also priced kids straight out of the market. They changed the market to speculative investment. Comics: Also priced kids out of the range for "limited editions", variant covers, glowing metallic covers, etc. Also were trying to feature contemporary product as an investment for the future. Sportscards still are priced out of range and enjoy a specialty niche with 1/1 cards, $400 five-card packs, etc. But from what I see it's mainly the investors trading/selling with each other. There isn't a market for it as an investor outside of that clique. Comic books have settled down a lot; though not sure about current demographics of buyers. Of course, coins are different. Coins didn't change to limited editions or bling back then. But perhaps the common trend of the bubble for these collectibles were speculative investors. Not sure grading is such an apt correlation: Overstreet and other comic guides have illustrated grades decades before the first major grader, CGC came out in the late 90's. PSA for sportscards did start around 1990, but I was in minor collecting til around '97 and just followed Beckett, and shops I dealt with had no PSA-graded cards. Maybe the best thing to come away with is that the strongest investments of all of these have been steady historical examples. Action Comics #1, Topps T-206, 1916-D Merc. So basically, it's wiser to invest in older stuff, which has great value even at non-perfecft or even lousy physical states. Spending an extra $80 on a 9.9 Andrew Luck vs. a 9.8, or a MS-70 Hawaii quarter vs a MS-69, is imo pretty dumb. Unless you're going to flip it real quick for a profit. But as something to hold on to? No way.[/QUOTE]
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