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Originally Posted by jhssketchcards
There are plenty of posts in this forum of guys showing off their stashed, unopened wax. I highly doubt these “collections” were attained one pack/box at a time. More than likely it was a buggy full at a time. Funny though I don’t see many complaining about that. Maybe it’s because they aren’t flipping.
They are “investing”. 2018 Update, 2019-20 Prizm Basketball... hoarded, stashed away to be sold much later at guess what - a higher price. So maybe the fact that cards are being stashed therefore there aren’t many packs/boxes and that’s driving demand?
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No doubt. When I collected in the 1980s, it was almost unheard of to keep unopened wax. Now the print runs are a fraction of what they were in the 1980s, and keeping unopened wax seems to be very popular.
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For the record I’ve been buying and selling since 2012 and I can’t remember seeing a kid buy sports cards but maybe three times in that span.
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None of this cardboard will be worth anything in a decade or two if that doesn't change and change quickly.