Potential Worth of Soccer Cards as Market Grows

[cardshopmd]

I agree with you buying in auctions will give you your best deals. Auctions tend to sell for 30% to 50% less then what an item sells for in my store.

With me I would prefer to sell of that hot rookie now and and recover my money from my cases that I break. I find that the biggest profit is on the rookies everyone passes on when a product is released. Most of them are just learning the system and takes 2-5 years before they see significant playing time to have a major impact on any team.

Originally Posted by SoccerRCs

I love the falling prices so much. Especially premium stuff that I know will be around for a long time after the late comers cry in their soup about their worthless base pop 5,000,000 cards. The tide is still going out. Watching Haaland come in has been nice. Mbappe sales still holding up really well. I keep hoping for them to come in more but nothing yet (although I did see a camo Unlimited Potential go for 4600 when at the peak the same card sold for over 20k on Goldin!). I'm pretty much an auctions only buyer though right now. Liquidity has been evaporating even over the past month. I don't mess with the OBO's unless I am certain it is a truly good price. We are definitely at the part of the economic cycle where survival of capital is key. If you don't see yourself holding the asset in 5 years time, you want it off your books before the stock market hits its seasonally weak period in the summer. I've got about 6 cards to sell by June and I'm pricing them to move. Hoping for some great deals at the National in July. Low buying the first few days could mean awesome prices as dealers realize they can't get inflated prices.

[YayNJ]

Really struggling to sell anything of any worth at the moment. Market seems to have pretty much dried up outside of certain cards. Offers on OBO's are even more laughable.

Tough times ahead I predict. There's just too much chaff and not enough wheat for the current prices. It's hard to get excited for anything above /50 these days... that's a pretty sad state of affairs.

[mfw13]

Originally Posted by YayNJ

Really struggling to sell anything of any worth at the moment. Market seems to have pretty much dried up outside of certain cards. Offers on OBO's are even more laughable.

Tough times ahead I predict. There's just too much chaff and not enough wheat for the current prices. It's hard to get excited for anything above /50 these days... that's a pretty sad state of affairs.

That's what happens when all the investors/flippers start seeing all their crypto/NFT/meme stock investments go down the tubes and/or have to start paying off their credit card bills.

The reality is that the number of products being released is VASTLY in excess of actual COLLECTOR demand.

[k13]

There's only so much money out there and way too many cards.

Money is being erased daily in huge amounts right now.

[BiggNuttz]

My quick thoughts on the current market. Things have basically ground to a halt. Selling anything at auction is a recipe to get your face ripped off as prices achieved just go lower and lower. On the flip side, I have tried making offers in line with last auction comps and nobody is willing to consider selling at those prices. I am in the same boat as a seller. I could care less what the last sale is. I have a price in mind where I am happy to sell, and if it is not met, the card will happily reside in my collection forever. I have seen this countless times before in other markets. Until things bottom out, the only people selling will be those desperate for cash.

I am actually looking to selectively buy right now, and posted a WTB in the sales forum to reflect this. There are some major dislocations in the market and anyone who has a good sense for value can find some incredible bargains that should prove to be savvy buy and holds for the collection in both the short and long term.

Regards

[fadster]

I think quality is holding up much better than quantity (eg ultra modern base) but I'm not sure that necessarily a bad thing as that's where some air needs to be let out to normalise things again. I do think a value level service at PSA needs to come back though so we can find a stable landing. Wax is too high as well, peoples expectations are being based on the price they are paying for a box rather than a realistic view of EV inside.

There's also maybe a bit of expectation adjustment going on as well. There was an expectation maybe that as Messi and Ronaldo wind down the baton would pass straight to the youngsters but the reality is that none are in a position to take over just yet and the likes of Benzema, Lewa, Salah, KdB, Neymar, etc are going to have a couple of years in the sun first.

I've been buying fewer boxes and doing far far less breaks over the last year and focusing on buying the key cards I want for my PC and am far happier for it.

[Ianhatcher]

I think it's all down significantly. Outside the current inflation and people not stuck at home the inability to not being able to affordably grade lower end cards to re-coupe your costs has also hurts high end prices.

It will be interesting to see what happens to the market when PSA does bring back Value Tier. All costs for collectors have been rising as everyone else chips away at any profit collectors had and that puts less money back into the market.

If PSA can get Value Tier back with 3-6 month wait times I think it will help the hobby as a whole. I don't think it will go crazy again but it will normalize but until that happens I think the hobby will continue to go down. People hate the lower end stuff but it opens up a lot of high end for many collectors being able to affordably grade and resell that stuff.

[Frankish]

For whatever it is worth, I'm not seeing the same with the vintage cards I collect (mostly RC or 2nd year of all time greats 1950-70s and prewar cards). Sellers are definitely more open to lower OBO and cards might sit a bit longer. But in ebay auctions, at least, I keep getting outbid on 80% of the stuff I'm after. So things are a bit softer but I haven't seen anything close to a collapse.

[mfw13]

There are plenty of good deals out there if you know what to look for.....

I just bought a large lot of 1978 & 1982 Monty Gum World Cup cards in EX condition, including multiple major stars, for about 60 cents a card.

It's mainly ultra-modern & speculative stuff that was boosted by flippers that's getting hammered....

[daeve]

Originally Posted by mfw13

There are plenty of good deals out there if you know what to look for.....

I just bought a large lot of 1978 & 1982 Monty Gum World Cup cards in EX condition, including multiple major stars, for about 60 cents a card.

It's mainly ultra-modern & speculative stuff that was boosted by flippers that's getting hammered....

Yeah I just had to pay the high [afaik] on a 1967 Eusebio because it looks like the best copy I've seen and I've been waiting for one... hopefully it looks like that irl, but shipping from Italy takes forever.

I did talk the seller down from his sky high BIN price but he definitely knew what he had so it wasn't easy. I think vintage rare stuff will remain strong no matter what happens to ultra-modern in the short term.

[Nobody0211]

I’ve had 9 different deals not payed for or no response i. the last 3 weeks. This is through eBay and IG. 5 no pay on eBay and 4 deals on IG where we agree on price, they ask for PayPal info. And never respond. I’ve only ever had 1-2 in the few years before. This happening a lot to any others?

[forest]

Seems like a long of people got involved in a market they didn’t actually have interest it, and now a lot of them are dropping out of the market at the same time.

Will the same thing happen with F1?

[eastbayak]

Originally Posted by forest

Seems like a long of people got involved in a market they didn’t actually have interest it, and now a lot of them are dropping out of the market at the same time.

Will the same thing happen with F1?

Join Date: Jan 2022
Market Exit: May 2022

Who could this be?

[jpamboris]

Originally Posted by Nobody0211

I’ve had 9 different deals not payed for or no response i. the last 3 weeks. This is through eBay and IG. 5 no pay on eBay and 4 deals on IG where we agree on price, they ask for PayPal info. And never respond. I’ve only ever had 1-2 in the few years before. This happening a lot to any others?

This has happened to me also on several occasions in the last few weeks. In addition i have also had return requests for no apparent reason and eBay being eBay i have no leg to stand on.

[YayNJ]

Originally Posted by forest

Will the same thing happen with F1?

It sure will, far more brutally than Soccer.

[forest]

Originally Posted by eastbayak

Join Date: Jan 2022
Market Exit: May 2022

Who could this be?

The superiority complex of joining an anonymous internet forum earlier than somebody else is one of the funnier things on this site

[boxbuster7]

I don't really follow soccer too much - but am perplexed by the sudden interest in 2018 panini treble. COMC posted on facebook that somebody bought a karim benzema blue /75 for $5.57 on 4/28, and sold it for $412 on 5/10.

Aside from a coordinated pump and dump, am I missing anything?

[Ianhatcher]

Not really missing anything, that's about right. Not a fan of the Treble product. People were trying to pump it as soccer's PMG which it most certainly is not. Just a way of hyping the next thing really but I am sure some people did quite well pushing that agenda.

[forest]

I’m semi-interested in Treble because it seems to have Vinicius Jr’s consensus rookie card in it, but would never even consider buying anything from that set with the prices right now. I don’t consider it a pump and dump because I think there’s some genuine interest in that set, but there’s no way it can sustain its prices.

I heard someone say the reason that it gets a lot of demand is because a lot of the product got shipped over to Asia when it first came out, and now there’s limited supply in the US/Europe. If that’s true that’s kind of a lame reason to invest in a set. In 20 years nobody will care how much got shipped to Asia

[YayNJ]

Treble is absolute garbage and there's a reason why it sat for pennies for years and years. This hobby will squeeze the blood out of a stone though when it comes to money, unfortunately the hobby isn't short on fraudsters, tale spinners and fantasists either - pushing this as soccers Precious Metal Gem alternative is laughable.

[Ianhatcher]

Originally Posted by forest

I’m semi-interested in Treble because it seems to have Vinicius Jr’s consensus rookie card in it

The 2018 Donruss Rated Rookie is Vini Jr's consensus rookie card.

[Gin&Juice]

I personally think that the Treble parallel base cards are some of the nicest looking cards out there. The product was not popular when it was released because the autos/inserts are terrible and there really wasn’t a market for parallels. Treble is also a brand without any history or any special collector interest so it never gained any traction. The current prices are silly, but there are some nice looking cards for player collectors if prices settle to reasonable levels.

[Raj3sh]

treble is something different, and i colllected them from the begining when it was released. was very underrated, however i do feel that the current hype is not organic.

[BiggNuttz]

To echo what others have said above. Here in Japan, Treble was well received upon release, and the coloured parallels were sought after. Regardless of what some will say, the Mbappe has always been the most sought after card in the set, and there were transactions on parallels above current prices back in 2018/2019. Some consider it a "Rookie Card". I will leave that argument for another time and place, but there is a contingent that feels this way. That is why it will always be the least available card in the set, and command the highest prices. Messi and Ronaldo are not too far behind. Vinicius is a recently popular card, and if he continues to perform, could end up being the #1 card in the set.

As far as aesthetics go, unless you have seen these in hand, then you will not understand how beautiful and unique they are. Condition has always been an issue, even right out of the packs, with corner dings and edge wear of the foil very common. PSA 10's of these cards are VERY difficult to find and I would say deserve the premiums they command given the Gem rate.

I have had a few over the years, and sold a few into the recent run up in prices. I still have a few in my collection and will most likely keep them regardless of what prices do. If you collect, not INVEST, then these are a nice, unique set to add to your PC.

Just my thoughts.

Regards

[k13]

If they were nice cards people would have wanted them the last 5 years.

Just look at the feedbacks on the bids tells you a lot.