Theres still a ton out there but not as much as there once was.
Lets put it this way. The last truly large and incredible card show in Los Angeles prior to this relatively recent surge in popularity, was in 2000 (maybe 2001) at the LA Convention Center. There was a guy there that was selling 1987 Topps Cello Boxes for $3 and he had cases of the stuff. Enough so that I'm surprised he schlepped all that to the show. I am guessing 88-92 wasnt even worth bothering with as it wouldn't sell at $15 a case.
Few people have cases upon cases anymore and the demand is most definitely there. There are card shops that now actively carry and sell junk wax and even things like ice cream shops carrying extensive amounts of junk wax. $2-4 a pack is very cheap in comparison to modern wax.
And its not boring to people who never collected or havent collected in decades. I have sets of everything Topps, Donruss, and Fleer post 1975 as well as graded versions of most big rookies 1977 to 1987, so opening junk wax is redundant for me and then some. But most new collectors are not in that situation.
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