Quote:
Originally Posted by coltsfan23
PMG pump has been in effect for over a decade, it's not a recent phenomenon. It really started to take hold and get notice outside the 90s rare insert circle once the Tim Duncan PMG Green sold for $2k on open auction. I remember talking to someone who owned a Michael Jordan PMG Green who had been away from the hobby and was looking to sell off his collection; he was shocked at how popular the card had become since Finest Mystery Refractors and the like had been the rage when he was building his collection.
I feel it successfully took hold because it is actually a substantive card. Not many would disagree that it's among the most eye appealing inserts and the limited release and unique designs is a stark difference to what we've seen in any other era of production. For other pumps like base rookies and kabooms, the fundamentals don't hold quite as well, so the shelf life will be shorter.
But you're right, many don't know what's going on behind the scenes to drive the price increases and the history behind that. It's not even the face level stuff of content creators "influencing" others with their videos, there was some deliberate price and commentary manipulation at play in the 2010s to help these reach the level they're at today.
|
They got notice after Nat and WeGotStock99 got into bidding wars, I don't know if the 2k Duncan green was before/during/after that.
There was no chatter about it being substantive back then until those two got into it, of course, back then, you could still see eBay user names. It only seems like many people find it eye appealing because of the pump and the money involved. Especially these days, you're not going to trash something you're looking to hawk.
2009 join date, surely you remember HK.
Quote:
Originally Posted by Kobefan
What about the refractors pump? Cause we need to talk about that too and how long has that been? I kinda remembered a pump was going on in the late 2018, people were saying how undervalued Lebron rc refractors and gold refractors were, how undervalued the Topps chrome refractors of Lebron chalk toss card, Lebron vs Kobe card, and the final year of Topps Chrome cards, as well as the first year of Prizm. Honestly, I agree that the 97-98 PMG is overvalued, cause I can't agree that the card is more valuable than the 97-98 essential credentials, the 97-98 UD Game Used Jersey cards, etc, but I hardly consider the set to be the most overvalued set when I compared it to so many post 90s inserts and parallel sets. I love the 90s inserts and parallels cause they are nostalgic and represented the apex of card collecting during that era (almost every collectors coveted them), but that was not the case for cards made post 90s. The 2000s popularized auto and auto game used cards, and regular inserts and parallel cards were relegated to somewhat of a consolation prize rather than the main chase, but somehow in the 2010s, they were being pump by folks who are tired of the low end auto cards and think that these inserts/parallels are comparable to the 90s inserts/parallels.
|
You should have seen Jun's 97/98 Gold Embossed Die Cut Atomic Refractor pump, legitimized by Nat's 18.5k purchase, which he then sold back to Jun on auction and Jun subsequently tried to peddle a copy of the same card for 32k+ on his personal website / store. Hyped up as rare and 'must have' - Jun had several copies to himself and there were copies that stank up eBay listed for MUCH lower and in comparable condition and wouldn't sell.
Quote:
Originally Posted by Blazed
I remember buying PMGs for $50 - $150. I also remember passing on a Jordan PMG red that sat on eBay for months at $500.
|
Yes.
Quote:
Originally Posted by Blazed
But when money flows into the hobby, you can't bitch about missing the boat, which I think is what most of the "I hate PMGs" crowd is really pissed about.
|
Nope.