May Dallas Card Show Recap!
 

First, my apologies for the late recap. Life happened.

Anyway, here we go:

This is my sixth or seventh (I think?) Dallas Card Show ever. This was also a very "dangerous" one for me as I had recently disconnected from being up-to-date on the hobby due to work and taking a really cool "off the grid" vacation no cell service for a week!

So, I knew the market overall was not doing well, but did not know about specific players, sets, teams, etc. So, I told myself on the plane to be super conservative in what I bought and to check comps (like really check comps) for things I was not sure about.

This was also the first time I did the All-Access VIP ticket (9 am entrance on Friday as opposed to 2 pm for the general public...that was the big benefit for me).

* I arrived at 9 am on Friday to collect my badge and it didn't seem like there were a lot of people that bought the All-Access pass. There was one person in front of me.

* It actually was really cool to walk the floor in relative peace at 9 am. Just me, some dealers, and a few other VIP people. I totally see the advantage of this if you can swing the $90 price tag.

* My bulk-dealer was there, so I went to him directly. It was just me and mounds and mounds of 1000 count boxes ready for me to pick through. No competition from others. Sadly, could not find anything that I wanted, so I spent 45-minutes and just walked away.

* I went to the smaller room and bought some low end stuff. Nothing crazy but, $5 for autos were decent.

* Bought a few more things and then I realized that it close to 2 pm and just went to lunch while everyone else started rushing in.

* The show was a typical DCS, BUT I felt a "lesser buzz" than before. Dealers were shy about buying. Usually when people ask them, they would answer "Sure, whatcha got?" or some variation of that. Now, I heard more along the lines of "Not really buying, but I'll look" or "I'm buying, but you have to give me a good deal". So, that's telling me that dealers are being cautious and only want to get stuff they can move quickly.

* The kids were there, card carrying cases of various sizes and colors were all there, people were happy, but not early in 2022 or all of 2020/21 happy.

* The first row in the main room is what I call "Museum row". Super high end cards that only .1% of the attendees can afford. Just good eye candy, but nothing for me!

* Trade night was "low-key". Sure there were people, I walked around and the cards people were trying to sell were...I don't know what to say...difficult? Lots of low end stuff on those trade night tables. I'm not sure if they got any takers, but overall pretty dull selection (compared to previous trade nights).

* So, that tells me a lot about the state of the hobby now. It's what I call "cautious excitement". People not looking to buy, but are trying to sell off their lower end cards.

Overall, still a good show. Less hollering and screaming and $100 bills being pilled up on showcases and more selective buying/selling.

Oh, and my flight got cancelled going back home on Sunday. AA sucks big time!!!

Thanks for the read! :)!

"AA sucks big time!!!"

Yes they do. I went to Florida a couple weeks ago and before our flight they canceled our tickets like 5 times.

AA sucks giant balls

concur

Thanks for the recap, I always enjoy reading these. The state of the hobby, or atmosphere at the show, is always interesting to here about these days. I’m local but decided not to go this time, had some other stuff going on, and was trying to save some money. I was mainly bummed about missing the trade night, but sounds like I didn’t miss much there. I’m sure I’ll hit up the next one.

Sorry to hear about your flight!

This was the best selling show I've ever had. When people flee to safe cards with inherent value I'm the guy who has them. My second best show was the massive slump a year ago July.

always enjoy your recaps

[QUOTE=bdrr;18206220]This was the best selling show I've ever had. When people flee to safe cards with inherent value I'm the guy who has them. My second best show was the massive slump a year ago July.[/QUOTE]

Are you talking mainly basketball stuff or just safe cards in general?

I was at the big Pittsburgh show this weekend and vintage baseball was really holding strong.

[QUOTE=bdrr;18206220]This was the best selling show I've ever had. When people flee to safe cards with inherent value I'm the guy who has them. My second best show was the massive slump a year ago July.[/QUOTE]

Exactly stuff that actually has value will always have value. You always have awesome stuff so you will always do fine. Its the people that are selling/buying retail junk, base stuff, and anything thats in abundance also if you stick with established brands and players you will do fine.

United Airlines has never let me down. Higher priced and less direct flights (at least from Cleveland) but I can't say I've ever experienced a cancellation or delay other than the usual stuff. I use the UA Chase credit card for rewards and frequently upgrade to first class and united club. That's my go to.

Two of my buddies who always set up there said it was their worst Allen show ever. They said they did well on Thursday and absolutely terrible on Friday and Saturday. I've been wanting to set up again, but will probably wait since it's big commitment in time and $$. One big reason could be this show is happening too often. It used to be 3-4 times a year, and now it's every other month.

Was anyone promoting for the new Bastrop, Tx show in June?

I've heard this as most show recaps now:


TONS of people walking around

TONS of people setting up and selling their cards that they overpaid for in 20/21

TONS of kids walking around trying to sell their cards out of their Apache douchebag clamshell cases

TONS of people trying to trade their cards

Not much actual money spent at shows because the economy is in the toilet and cards are tanking


That pretty much sum it up???

[QUOTE=messier2;18205800]First, my apologies for the late recap. Life happened.

Anyway, here we go:

This is my sixth or seventh (I think?) Dallas Card Show ever. This was also a very "dangerous" one for me as I had recently disconnected from being up-to-date on the hobby due to work and taking a really cool "off the grid" vacation no cell service for a week!

So, I knew the market overall was not doing well, but did not know about specific players, sets, teams, etc. So, I told myself on the plane to be super conservative in what I bought and to check comps (like really check comps) for things I was not sure about.

This was also the first time I did the All-Access VIP ticket (9 am entrance on Friday as opposed to 2 pm for the general public...that was the big benefit for me).

* I arrived at 9 am on Friday to collect my badge and it didn't seem like there were a lot of people that bought the All-Access pass. There was one person in front of me.

* It actually was really cool to walk the floor in relative peace at 9 am. Just me, some dealers, and a few other VIP people. I totally see the advantage of this if you can swing the $90 price tag.

* My bulk-dealer was there, so I went to him directly. It was just me and mounds and mounds of 1000 count boxes ready for me to pick through. No competition from others. Sadly, could not find anything that I wanted, so I spent 45-minutes and just walked away.

* I went to the smaller room and bought some low end stuff. Nothing crazy but, $5 for autos were decent.

* Bought a few more things and then I realized that it close to 2 pm and just went to lunch while everyone else started rushing in.

* The show was a typical DCS, BUT I felt a "lesser buzz" than before. Dealers were shy about buying. Usually when people ask them, they would answer "Sure, whatcha got?" or some variation of that. Now, I heard more along the lines of "Not really buying, but I'll look" or "I'm buying, but you have to give me a good deal". So, that's telling me that dealers are being cautious and only want to get stuff they can move quickly.

* The kids were there, card carrying cases of various sizes and colors were all there, people were happy, but not early in 2022 or all of 2020/21 happy.

* The first row in the main room is what I call "Museum row". Super high end cards that only .1% of the attendees can afford. Just good eye candy, but nothing for me!

* Trade night was "low-key". Sure there were people, I walked around and the cards people were trying to sell were...I don't know what to say...difficult? Lots of low end stuff on those trade night tables. I'm not sure if they got any takers, but overall pretty dull selection (compared to previous trade nights).

* So, that tells me a lot about the state of the hobby now. It's what I call "cautious excitement". People not looking to buy, but are trying to sell off their lower end cards.

Overall, still a good show. Less hollering and screaming and $100 bills being pilled up on showcases and more selective buying/selling.

Oh, and my flight got cancelled going back home on Sunday. AA sucks big time!!!

Thanks for the read! :)![/QUOTE]

Awesome read, hope to go to Dallas one day. Strange not having one of these on the west coast.

[QUOTE=jimmyjam1973;18206369]Two of my buddies who always set up there said it was their worst Allen show ever. They said they did well on Thursday and absolutely terrible on Friday and Saturday. I've been wanting to set up again, but will probably wait since it's big commitment in time and $$. One big reason could be this show is happening too often. [B]It used to be 3-4 times a year, and now it's every other month.[/B][/QUOTE]

This. I believe the every other month waters down the show. Make it once a quarter and it might have more juice. I’m local and don’t even worry about missing a show as I know another if just a couple months out. I’d probably prioritize being there for a day or two if it was less frequent.

[IMG]https://c.tenor.com/XsFZvjk-gbgAAAAd/the-simpsons-emotional.gif[/IMG]

Sounds like things are coming to a halt

[QUOTE=boxbuster7;18206985]Sounds like things are coming to a halt[/QUOTE]

Let's be real. Once Formula 1 and Dr Dre rookie cards were pumped, the flippers ran out of ideas. We still have a major correction left to go.

[QUOTE=discodanman45;18206996]Let's be real. Once Formula 1 and Dr Dre rookie cards were pumped, the flippers ran out of ideas. [B]We still have a major correction left to go.[[/B]/QUOTE]

Oh, I 100% agree. We haven't seen anything yet.

[QUOTE=DajuanWagner;18206431]I've heard this as most show recaps now:


TONS of people walking around

TONS of people setting up and selling their cards that they overpaid for in 20/21
[B]
TONS of kids walking around trying to sell their cards out of their Apache douchebag clamshell cases [/B]

TONS of people trying to trade their cards

Not much actual money spent at shows because the economy is in the toilet and cards are tanking


That pretty much sum it up???[/QUOTE]

So you have issues with "kids" in the hobby?
Somebody can't have a case to hold their cards?


What's with the name calling and bullying?

Sounds like people are heading out of the denial phase and into the realization phase. At some point, there will be a major capitulation, even worse than we've seen on some things already.

[QUOTE=SearchPatrol;18207009]So you have issues with "kids" in the hobby?
Somebody can't have a case to hold their cards?


What's with the name calling and bullying?[/QUOTE]

Theres many bitter old men around here.:)!

[QUOTE=anusinha;18207060]Sounds like people are heading out of the denial phase and into the realization phase. At some point, there will be a major capitulation, even worse than we've seen on some things already.[/QUOTE]

What puzzles me is that every company is doubling down on trading cards. PSA/SGC/BGS/CSG will be open to 1.5 million submissions a month available in late 2022. There are still start-up grading companies making a push. Can't anyone comprehend PSA is almost done with their backlog and huge 800,000 cards a month will be ready for them soon? :doh:

eBay, PSA, BGS, and others are trying to start Vault services. With the current trends of prices, each company is overestimating the need for these services.

NFT's are collapsing and there is big crossover between this and physical product collectors. Panini, Topps, Dapper, Candy, and every athlete/celebrity is producing their own NFT's. Market will continue to weaken with every release with the same 1000 collectors being bleed dry.

How people are still optimistic in this hobby is beyond me. I am still buying PC stuff and what I feel is undervalued vintage. However, I stopped buying a lot of things because of the pumps in vintage. Low pops, GOATS, blah blah blah. Nothing is safe right now. People just trying to justify purchases and pumping things to get out.

I think things will eventually return to 2020 levels and won't get back to 2019. The money people make from YouTube/Social Media from sportscards won't allow it to completely crash. However, we still need to get back to early 2020 cards before the market corrects itself IMO.

Hope you got receipts for all your purchases!

[QUOTE=jimmyjam1973;18206369] It used to be 3-4 times a year, and now it's every other month.[/QUOTE]

Another factor is there are other card shows popping up around the country. Gas prices at around $4 and staple food going up (except eggs are going down). Another factor is baseball hasn't had any must have young players for 2022. Some of them getting burned having Harden, CP3, Durant and Lebron RCs.

[QUOTE=gomiamigo;18206966][IMG]https://c.tenor.com/XsFZvjk-gbgAAAAd/the-simpsons-emotional.gif[/IMG][/QUOTE]

LMAO!!! :)!

[QUOTE=discodanman45;18207119][B]What puzzles me is that every company is doubling down on trading cards.[/B] PSA/SGC/BGS/CSG will be open to 1.5 million submissions a month available in late 2022. There are still start-up grading companies making a push. Can't anyone comprehend PSA is almost done with their backlog and huge 800,000 cards a month will be ready for them soon? :doh:

[B]eBay, PSA, BGS, and others are trying to start Vault services.[/B] With the current trends of prices, each company is overestimating the need for these services.

[B]I think things will eventually return to 2020 levels and won't get back to 2019. The money people make from YouTube/Social Media from sportscards won't allow it to completely crash.[/B] However, we still need to get back to early 2020 cards before the market corrects itself IMO.[/QUOTE]

Those companies are playing the "crisis averted" game, the market is just fine folks, nothing to see here, keep buying and keep using our services! Pretending there is no end to the good times, it's damage control.

As for the social media people, hype men and every other flavor of parasite, if things get critical enough, all the hype they can desperately muster isn't going to save them.

Eventually when the tide goes out you're going to see those same circle jerking taste makers playing grab-ass with each other in the wet sand. Maybe more people will wake up to this crap, finally.

Seems fewer and fewer of YouTube content pumpers hyping stuff is gone. Ive only seen mojo dude still cranking
Out endless Dallas card show
Fluff. Which is nice. Love see more content on collectors showing off pc and sets they are collecting. Instead of hype of rookie cards and flipping.

[QUOTE=losangelesfan;18206778]Awesome read, hope to go to Dallas one day. Strange not having one of these on the west coast.[/QUOTE]

Well, there is this guy who's been throwing these 250-350+ table shows this past year. Always been a huge success.

[IMG]https://scontent-sjc3-1.xx.fbcdn.net/v/t39.30808-6/281631752_122731690426280_2950361380315205533_n.jpg?stp=dst-jpg_p180x540&_nc_cat=103&ccb=1-7&_nc_sid=5cd70e&_nc_ohc=gWMJYIJKvbIAX-RIlt5&_nc_ht=scontent-sjc3-1.xx&oh=00_AT9FKEZm0S1SBksnFRSnfuSz6fZSuhW4t1YS6Xu_oHtV-A&oe=62958A93[/IMG]

[QUOTE=SearchPatrol;18207009]So you have issues with "kids" in the hobby?
Somebody can't have a case to hold their cards?


What's with the name calling and bullying?[/QUOTE]

It's funny how different people view things. I saw a lot of young guys carrying those cases and asking to trade or just generally showing interest in the Hobby. The fresh energy was cool and I didn't notice any douchebag types. Actually only a couple of adults were the time wasters.

Definitely a get off my lawn comment.

[QUOTE=mc1;18207092]Theres many bitter old men around here.:)![/QUOTE]

Ain't that the truth.

Great post OP.

I'm noticing a down trend on Exquisite cards also. People just don't have as much expendable cash to spend or just being extra cautious.

For me it all evens out. If you end up selling low and buy something you like low, that's the exact same as selling high and buying high.

These downturns only really hurt people that bought high and sell low and leave.

[QUOTE=drobfan8;18207334]It's funny how different people view things. I saw a lot of young guys carrying those cases and asking to trade or just generally showing interest in the Hobby. The fresh energy was cool and I didn't notice any douchebag types. Actually only a couple of adults were the time wasters.

Definitely a get off my lawn comment.



Ain't that the truth.[/QUOTE]



If you go back and read what I wrote, I called the cases "douchebag" cases; I did not call the kids names. And, yes, you are right, I would like those cases to get off my lawn. You ever get hit in the knees with one of those cases? When you do, let me know what you call those cases.....

[QUOTE=DajuanWagner;18207380]If you go back and read what I wrote, I called the cases "douchebag" cases; I did not call the kids names. And, yes, you are right, I would like those cases to get off my lawn. You ever get hit in the knees with one of those cases? When you do, let me know what you call those cases.....[/QUOTE]

So why did you bring "kids" into your comment?

YOUR COMMENT

TONS of [B]kids[/B] walking around trying to sell their cards out of their Apache douchebag clamshell cases

Why not just a TONS of People????

yep, both the cases and the people holding said cases are douchebags.

[QUOTE=mc1;18207092]Theres many bitter old men around here.:)![/QUOTE]

Yea these are the same people who cry that kids are being priced out of the hobby. They will always find something to be crabby about, even if its *checks notes* kids having an easy to carry case that protects your cards at a show.

[QUOTE=rifleman69;18207530]yep, both the cases and the people holding said cases are douchebags.[/QUOTE]

This supports my point. Getting this upset because people carry their CARDS at a CARD show in a case made to safely and efficiently transport CARDS. I guess they just miss the glory days of carrying around junk wax cards in shoe boxes and 3 ring binders at shows.

[QUOTE=discodanman45;18207119]What puzzles me is that every company is doubling down on trading cards. PSA/SGC/BGS/CSG will be open to 1.5 million submissions a month available in late 2022. There are still start-up grading companies making a push. Can't anyone comprehend PSA is almost done with their backlog and huge 800,000 cards a month will be ready for them soon? :doh:

eBay, PSA, BGS, and others are trying to start Vault services. With the current trends of prices, each company is overestimating the need for these services.

NFT's are collapsing and there is big crossover between this and physical product collectors. Panini, Topps, Dapper, Candy, and every athlete/celebrity is producing their own NFT's. Market will continue to weaken with every release with the same 1000 collectors being bleed dry.

How people are still optimistic in this hobby is beyond me. I am still buying PC stuff and what I feel is undervalued vintage. However, I stopped buying a lot of things because of the pumps in vintage. Low pops, GOATS, blah blah blah. Nothing is safe right now. People just trying to justify purchases and pumping things to get out.

I think things will eventually return to 2020 levels and won't get back to 2019. The money people make from YouTube/Social Media from sportscards won't allow it to completely crash. However, we still need to get back to early 2020 cards before the market corrects itself IMO.[/QUOTE]

I'm quite optimistic about the hobby long run. There are a LOT more people interested and collecting cards today than ever before thanks to the pandemic boom. Even if many of them lose interest and leave, the overall hobby population has increased massively.

These HUGE companies are investing MASSIVE amounts of money into the Card industry and they haven't even really started to go full force yet. I highly doubt they will let it crash and stay dead.

Maybe the mass produced common cards and junk slabs that no one wants will crash but those should have never been that high to begin with. Good quality rare cards that have seen a huge jump will find a new base that is much higher than before and steadily continue to rise over the time.

I honestly don't ever see grail cards going back to 2019 or 2020 levels. I don't think I will ever be able to purchase a 1997-98 PMG Red Jordan for $60k anymore or a 2003-04 Exquisite Number Pieces Jordan for $80k. I don't think I will be able to buy a PSA 10 Fleer Jordan RC for $30k anymore.

[QUOTE=GOATMJ;18207692]

These HUGE companies are investing MASSIVE amounts of money into the Card industry and they haven't even really started to go full force yet. I highly doubt they will let it crash and stay dead.
[/QUOTE]

These huge companies are investing the cash to line their pockets. Their pockets aren’t lined the same way that the hypebeasts/content creators/etc are.

The secondary market could completely crash while PSA and Fanatics bring in record profits.

[QUOTE=GeechQuest;18207732]These huge companies are investing the cash to line their pockets. Their pockets aren’t lined the same way that the hypebeasts/content creators/etc are.

The secondary market could completely crash while PSA and Fanatics bring in record profits.[/QUOTE]

Do you really think these companies won't care about what happens on the secondary market? lol

Truly think about it.

They're in if for the long term. Not a short term flip and bounce.

[QUOTE=SearchPatrol;18207490]So why did you bring "kids" into your comment?

YOUR COMMENT

TONS of [B]kids[/B] walking around trying to sell their cards out of their Apache douchebag clamshell cases

Why not just a TONS of People????[/QUOTE]



Because it was TONS of kids....

I love your show recaps messier! I truly appreciate you doing them.

Makes me really hopeful about the AC National. Been licking my chops like Pat Bev to get back to a show. Been years.

[QUOTE=advan24r;18207311]Well, there is this guy who's been throwing these 250-350+ table shows this past year. Always been a huge success.

[IMG]https://scontent-sjc3-1.xx.fbcdn.net/v/t39.30808-6/281631752_122731690426280_2950361380315205533_n.jpg?stp=dst-jpg_p180x540&_nc_cat=103&ccb=1-7&_nc_sid=5cd70e&_nc_ohc=gWMJYIJKvbIAX-RIlt5&_nc_ht=scontent-sjc3-1.xx&oh=00_AT9FKEZm0S1SBksnFRSnfuSz6fZSuhW4t1YS6Xu_oHtV-A&oe=62958A93[/IMG][/QUOTE]

Weird... never heard of that show. Eastridge is a bit of a dump but I should go to that.

Someone mentioned youtube money, its not as great as you would think. A fairly popular card YTer just did an episode that said he makes about 300 bucks a month from YT, that's barely a hobby box a month these days.

[QUOTE=GeechQuest;18207732]These huge companies are investing the cash to line their pockets. Their pockets aren’t lined the same way that the hypebeasts/content creators/etc are.

The secondary market could completely crash while PSA and Fanatics bring in record profits.[/QUOTE]
Doubt that. Why is Panini able to sell out Prizm FOTL for ~$1500? A > 10x increase in price in just three years. All of these companies need a strong secondary market to drive interest in their product. Fanatics and PSA are investing in developing their own secondary markets to profit directly.

[QUOTE=anusinha;18207778]Weird... never heard of that show. Eastridge is a bit of a dump but I should go to that.

Someone mentioned youtube money, its not as great as you would think. A fairly popular card YTer just did an episode that said he makes about 300 bucks a month from YT, that's barely a hobby box a month these days.[/QUOTE]

I think the eastridge show been around for decades, maybe not the same promotor, but it been around for decades.

[QUOTE=anusinha;18207778]Weird... never heard of that show. Eastridge is a bit of a dump but I should go to that.

Someone mentioned youtube money, its not as great as you would think. A fairly popular card YTer just did an episode that said he makes about 300 bucks a month from YT, that's barely a hobby box a month these days.[/QUOTE]

The organizer first started the show right after the pandemic at Fairfield Solano mall, until the venue owners raised the rent. Then he moved it over to a vacant Dick's Sporting Goods Store at Southland Mall in Hayward which was a great venue! Now I assume that venue rent increased as well, and now it's at Eastridge for the first time. It's always been a minimum of 250+ tables for each location and many dealers show up for it. It's just been getting bigger and bigger each time. A few retired pro players come to sign as well. Basically he's trying to replace the old Tri-star shows.

[QUOTE=GOATMJ;18207692]These HUGE companies are investing MASSIVE amounts of money into the Card industry and they haven't even really started to go full force yet. I highly doubt they will let it crash and stay dead.[/QUOTE]

The problem I see, is the same thing as NFT's. People throw around money on new product, prices jump, and then on to the next product. Leaving the last product dead. It has always been like this, but not the extent as in previous years. I agree they will have some tricks up their sleeve, but it won't help the hobby. They will make their money moving product. However, the collectibles part of the market won't be in a good place moving forward.

[QUOTE=discodanman45;18209072]The problem I see, is the same thing as NFT's. People throw around money on new product, prices jump, and then on to the next product. Leaving the last product dead. It has always been like this, but not the extent as in previous years. I agree they will have some tricks up their sleeve, but it won't help the hobby. They will make their money moving product. However, the collectibles part of the market won't be in a good place moving forward.[/QUOTE]

I think it's good for collectors. If people are opening the product, and not leaving a ton of unopened wax. Then selling the single for cheap, I as a collector love that.

[QUOTE=advan24r;18209062]The organizer first started the show right after the pandemic at Fairfield Solano mall, until the venue owners raised the rent. Then he moved it over to a vacant Dick's Sporting Goods Store at Southland Mall in Hayward which was a great venue! Now I assume that venue rent increased as well, and now it's at Eastridge for the first time. It's always been a minimum of 250+ tables for each location and many dealers show up for it. It's just been getting bigger and bigger each time. A few retired pro players come to sign as well. Basically he's trying to replace the old Tri-star shows.[/QUOTE]

Dion's been doing a great job with promoting Bay Area Shows and all his shows have been a success, especially getting players to sign at the shows.. He said he's working on a 1-day show on July 17th, as he has Dave Stewart coming in for a signing.

[QUOTE=GOATMJ;18207742]Do you really think these companies won't care about what happens on the secondary market? lol

Truly think about it.

They're in if for the long term. Not a short term flip and bounce.[/QUOTE]

Nope. They don't care.
Companies don't see long term. Look at Ford/GM/Chrysler.

If this is supposed to be a hobby then the secondary market should not matter right...were all in it just for fun...right.

You should not expect anything out of a box to be worth anything.
That's what the Topps disclaimer says...

[QUOTE=advan24r;18207311]Well, there is this guy who's been throwing these 250-350+ table shows this past year. Always been a huge success.

[IMG]https://scontent-sjc3-1.xx.fbcdn.net/v/t39.30808-6/281631752_122731690426280_2950361380315205533_n.jpg?stp=dst-jpg_p180x540&_nc_cat=103&ccb=1-7&_nc_sid=5cd70e&_nc_ohc=gWMJYIJKvbIAX-RIlt5&_nc_ht=scontent-sjc3-1.xx&oh=00_AT9FKEZm0S1SBksnFRSnfuSz6fZSuhW4t1YS6Xu_oHtV-A&oe=62958A93[/IMG][/QUOTE]

Oh nice! Any in Southern California? Besides Frank and Sons in the City of Industry?

[QUOTE=losangelesfan;18212375]Oh nice! Any in Southern California? Besides Frank and Sons in the City of Industry?[/QUOTE]

You got the Long Beach Expo.

[url]https://www.longbeachexpo.com/[/url]

[QUOTE=GOATMJ;18207692]I'm quite optimistic about the hobby long run. There are a LOT more people interested and collecting cards today than ever before thanks to the pandemic boom. Even if many of them lose interest and leave, the overall hobby population has increased massively.

These HUGE companies are investing MASSIVE amounts of money into the Card industry and they haven't even really started to go full force yet. I highly doubt they will let it crash and stay dead.

Maybe the mass produced common cards and junk slabs that no one wants will crash but those should have never been that high to begin with. Good quality rare cards that have seen a huge jump will find a new base that is much higher than before and steadily continue to rise over the time.

[B]I honestly don't ever see grail cards going back to 2019 or 2020 levels.[/B] I don't think I will ever be able to purchase a 1997-98 PMG Red Jordan for $60k anymore or a 2003-04 Exquisite Number Pieces Jordan for $80k. I don't think I will be able to buy a PSA 10 Fleer Jordan RC for $30k anymore.[/QUOTE]

Anyone who thinks prices are going back to pre-Covid prices is living in a dream world. Or it's someone who missed the boat on a card and regrets not pulling the trigger. I understand wax prices, in particular, are out of control. But wishing for the hobby to come crashing down doesn't make much sense.

[QUOTE=threefromthetee;18212524]Anyone who thinks prices are going back to pre-Covid prices is living in a dream world. Or it's someone who missed the boat on a card and regrets not pulling the trigger. I understand wax prices, in particular, are out of control. But wishing for the hobby to come crashing down doesn't make much sense.[/QUOTE]

My prediction is that most cards will drop back to the first 2020 Covid spike. The trends seem to be going that way. I don't think it will get back below that, but I think that is a good bar to set for the worst-case scenario. However, junk wax to base ultra-modern will continue to fall, especially PSA 10's. The pop reports will continuously rise and outpace demand.

[QUOTE=threefromthetee;18212524]Anyone who thinks prices are going back to pre-Covid prices is living in a dream world. Or it's someone who missed the boat on a card and regrets not pulling the trigger. I understand wax prices, in particular, are out of control. But wishing for the hobby to come crashing down doesn't make much sense.[/QUOTE]

The hobby and the market are not the same thing. The market crashing and burning means a hobby resurgence.

If you are into cards only, or primarily, for profit, I can understand hoping for the best in terms of the market and inflated prices. Otherwise there is no reason to wish for exorbitant prices and for the market to continue in the trend it has been in.

Grail cards can also drop heavily if the hype dies down enough, when no one cares that John Q. Moneybags has a super expensive card anymore, he's going to be left with a 5-figure burden he resents and wants to get rid of.

Thanks.

believe it or not, There were some good deals on Sports cards at the collect a con in Dallas this past weekend.

Picked up some Ultra modern for very cheap and Ohtani rookies.

Note: Pokemon is still a hot market. The placce was busy till the end of show on sunday.

The flippers are out chasing baby formula to resell instead of wax. Don't worry everyone, when Gary V says it is time to return, we will get another pump. However, this time it will be smart to sell everything you have.

[QUOTE=discodanman45;18212590]My prediction is that most cards will drop back to the first 2020 Covid spike. The trends seem to be going that way. I don't think it will get back below that, but I think that is a good bar to set for the worst-case scenario. However, junk wax to base ultra-modern will continue to fall, especially PSA 10's. The pop reports will continuously rise and outpace demand.[/QUOTE]

I pretty much agree with this.

MJ psa 10s might not be 36k again, but they ain't staying at 250k. imho.

[QUOTE=gomiamigo;18214010]I pretty much agree with this.

MJ psa 10s might not be 36k again, but they ain't staying at 250k. imho.[/QUOTE]

Agreed but hopefully they come back to about 80K so I can buy mine. I Should have bought when they were 50K and missed the boat