Is this just the mid season modern slump coming early? - Page 2

DajuanWagner · 02-02-2021, 11:22 AM

Quote:

Originally Posted by Ross

This.

I was in Dallas and guys couldn’t give luka prizm base away. Winter is coming for some of the stuff and it’s frankly needed. 8-13 for luka too.

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I should have gone to the show. They could give their Luka's away to me......

gowizards0 · 02-02-2021, 11:25 AM

buy dips not rips

DajuanWagner · 02-02-2021, 11:25 AM

Quote:

Originally Posted by minnesotachill

Was watching a Gary V video and he was saying how overrated these base 10s are. I'm sure that doesn't help the situation.

I have been saying for a long time that with the quantities made of the new Prizm rcs prices will be tanking in value in the near future. I was told I was a troll and I was just being salty because I didn't invest in them while they were cheaper.

I saw that video, too, 'chill.......and, for the record, you are not a troll........

k13 · 02-02-2021, 11:40 AM

Luka is still $1000 too high so a lot to go to get to real price.

cowboyzqna · 02-02-2021, 11:40 AM

Supply > demand. By a very wide margin.

The reason prizm sells so strong is Giannis. I remember when blowout couldn't give away boxes of 13 14 prizm at 50 per.... and I was collecting prizm at the time but didnt buy any since I could buy my PC guy at the time for less than the cost of a box.

I am personally trying to have 100 psa 10 Zion rcs two years from today. Been a project I have been working on for a while now and will have to keep chipping away at it. Does a collection like that "need" a prizm dime piece? Idk maybe. But I have no plans to add one. There are literally hundreds of cards that I would rather have of his for the same money.

This was always coming and I think savy collectors / investors always knew it.

The optic base zion dime is a card I am stacking though. Plan to have at least 10 copies of that. The mosaic base as well. These are just as overproduced. I never see them being big cards that go for dumb money since there are just so many copies readily available. But I like them.

Can someone let me know the pop count of psa 10s on the mosaic and optic? I wonder if it's in the tens of thousands.

Ultimately the plan is to try to sell every copy but 1 of each and use that money towards rare rcs.

pejc300 · 02-02-2021, 11:43 AM

Bottom line is none of these teams are doing well. That's all there is to it. If the Pels were 17-3 and Zion was putting up 25ppg there's be nothing to worry about. Same with Luka. and Trae.

Their teams suck. They are not leading their teams to Ws (which is a concern, at least for now). There is no hype right now.

Also, people worried about money flowing into this year's RC class are crazy. People will still spend money but no one is doing anything as far as RCs go. It's Michael Carter-Williams ROY type stuff all over again. This is good because it will keep money in the above-mentioned stars for a while longer.

BreaultCards · 02-02-2021, 11:45 AM

I just have to wonder how many people here preaching it was inevitable will be the same people preaching (if and when) it goes up or rises fast again. My two cents.

Ross · 02-02-2021, 11:48 AM

Quote:

Originally Posted by DajuanWagner

I should have gone to the show. They could give their Luka's away to me......

They were BOGO baby. It’s all healthy though. Some chill is good for all this for the long run. Luka still needs to win the 4-5 championships he’s been priced to achieve

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Ross · 02-02-2021, 11:49 AM

Quote:

Originally Posted by pejc300

Bottom line is none of these teams are doing well. That's all there is to it. If the Pels were 17-3 and Zion was putting up 25ppg there's be nothing to worry about. Same with Luka. and Trae.

Their teams suck. They are not leading their teams to Ws (which is a concern, at least for now). There is no hype right now.

Also, people worried about money flowing into this year's RC class are crazy. People will still spend money but no one is doing anything as far as RCs go. It's Michael Carter-Williams ROY type stuff all over again. This is good because it will keep money in the above-mentioned stars for a while longer.

Jazz are rocking, but no one knows or cares haha.

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Vinny1984 · 02-02-2021, 11:50 AM

Quote:

Originally Posted by pejc300

Also, people worried about money flowing into this year's RC class are crazy. People will still spend money but no one is doing anything as far as RCs go. It's Michael Carter-Williams ROY type stuff all over again. This is good because it will keep money in the above-mentioned stars for a while longer.

I used to think this. I was wrong. Just by doing Topshot for a few weeks, it’s clear people are throwing CRAZY money into these new rookies. Say what you want about Topshot but it’s the same buyer pool.

IndianaCards · 02-02-2021, 11:52 AM

Quote:

Originally Posted by BreaultCards

I just have to wonder how many people here preaching it was inevitable will be the same people preaching (if and when) it goes up or rises fast again. My two cents.

I've seen it so many times in my short time here, some guys in here are just elite level prognosticators, like should be living in Vegas with a Sportsbook named after them level sh*t. Everyone in here wants to be the smartest guy on the forum, and unfortunately that leads to them predicting everything. They see it all before it happens, yet they're probably driving a 92 Ford Taurus and paying on that monster $600 mortgage, somehow.

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IndianaCards · 02-02-2021, 11:54 AM

Quote:

Originally Posted by pejc300

Bottom line is none of these teams are doing well. That's all there is to it. If the Pels were 17-3 and Zion was putting up 25ppg there's be nothing to worry about. Same with Luka. and Trae.

Their teams suck. They are not leading their teams to Ws (which is a concern, at least for now). There is no hype right now.

Also, people worried about money flowing into this year's RC class are crazy. People will still spend money but no one is doing anything as far as RCs go. It's Michael Carter-Williams ROY type stuff all over again. This is good because it will keep money in the above-mentioned stars for a while longer.

If you don't think people will be pouring money into Lamelo, Wiseman, and Edwards then you legit have no clue what's going on. It's 100% going to happen, and guess which cards will be the most purchased? You guessed it...base prizm.

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mc1 · 02-02-2021, 11:55 AM

Quote:

Originally Posted by IndianaCards

I've seen it so many times in my short time here, some guys in here are just elite level prognosticators, like should be living in Vegas with a Sportsbook named after them level sh*t. Everyone in here wants to be the smartest guy on the forum, and unfortunately that leads to them predicting everything. They see it all before it happens, yet they're probably driving a 92 Ford Taurus and paying on that monster $600 mortgage, somehow.

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Hey, whats wrong with living frugally?

Ive met some millionaires that drive Hyundai and live in a 250k home.

GeechQuest · 02-02-2021, 11:55 AM

Quote:

Originally Posted by pejc300

Bottom line is none of these teams are doing well. That's all there is to it. If the Pels were 17-3 and Zion was putting up 25ppg there's be nothing to worry about. Same with Luka. and Trae.

Their teams suck. They are not leading their teams to Ws (which is a concern, at least for now). There is no hype right now.

Also, people worried about money flowing into this year's RC class are crazy. People will still spend money but no one is doing anything as far as RCs go. It's Michael Carter-Williams ROY type stuff all over again. This is good because it will keep money in the above-mentioned stars for a while longer.

The teams struggling have something to do with it for sure, but it’s more just that base cards don’t have thousands of end users.

If it was strictly Good Player/Good Team dynamics Donovan Mitchell would be seeing huge spikes in Prizm Bass. He’s not.

BeastMode27 · 02-02-2021, 11:58 AM

Hawks team is actually playing really well. They just played 4 out of 5 games against the Bucks, Clippers, Nets, Lakers. Now they have Luka twice and Utah 3 of the next 4. Trae didn’t play in the bucks game. Nets game went to OT. Lakers they were within 2 with under 2 minutes to play. Lebron hit a dagger three at end of shot clock and they hit some free throws. Cam guarded Lebron really well. Most of his points came on end of game free throws and when Cam wasn’t on the floor. Hunter Being out hurts big time. Also Bogdanovic with knee fracture. Rest of the month also includes Celtics X 3, Denver, Indiana, Cleveland, Toronto, San Antonio. Tough stretch, make or break.

bberns · 02-02-2021, 12:00 PM

There is a tidal wave of cards at PSA that are going to continue popping over the next 6 months and folks will be selling many (at a minimum) to pay their grading fees.

ballhawkdawk · 02-02-2021, 12:01 PM

Quote:

Originally Posted by BreaultCards

I just have to wonder how many people here preaching it was inevitable will be the same people preaching (if and when) it goes up or rises fast again. My two cents.

Everything is inevitable and everyone called it. That's the Blowout way. Except no one brings up the stuff they whiffed hard on. I sure don't. Even this recent surge of NBA legends seeing bumps in prices... I mean, was anyone here predicting that NBA players and big time investors would be flooding into the card market and that Jordan PSA 10 rookies were going to go up 20x in price in the span of a year after having been around for over 30 years in the first place? I must've not been on the forum that day.

Asian62150 · 02-02-2021, 12:02 PM

Overall, the sports card market is still way way up. Some/all of these base cards were due for a correction. But big picture, that's a good thing.

Base cards are probably the most liquid "asset class" in the market, which is great. But anytime you can trade base for non-base, that's a win in my book.

A sign that the market is trending in the wrong direction is when you see wax prices fall. Even with the current dip in Luka base, 2018-19 Prizm wax seems to be doing just fine.

IndianaCards · 02-02-2021, 12:08 PM

Quote:

Originally Posted by mc1

Hey, whats wrong with living frugally?

Ive met some millionaires that drive Hyundai and live in a 250k home.

Nothing wrong with that at all, I came from middle class. Just saying most guys that flex the hardest are normally the most broke, like they always have something to prove.

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k13 · 02-02-2021, 12:16 PM

Sell Luka buy Nassir little.

Sell high buy low.

k13 · 02-02-2021, 12:17 PM

Lot of money going to wax.
Once wax prices start going down you its getting bad.

lseecon · 02-02-2021, 12:18 PM

all you doom and gloomers want immediate satisfaction. prices ebb and flow, whats hot ebbs and flows.

2-3 years ago, you couldnt give Kobe or Lebron rookies away and same with dozens of other top rookie vintage cards. they were dirt cheap.

There have been many, many periods when there was very little interest in Jordan cards. Sometimes certain cards and eras are "hot" sometimes they are not.

If you buy the legends and future legends when everyone else is selling and prices are low, it always works out in the long run.

Dame · 02-02-2021, 12:20 PM

I'm probably in the minority but I love watching LaMelo and the Hornets, far more fun to watch than Zion and the Pelicans. I'm also a fan of Wiseman and he's lucky to fall in a team that has Steph Curry and one that has established winning culture.

Akphillips86 · 02-02-2021, 12:26 PM

Quote:

Originally Posted by GeechQuest

The teams struggling have something to do with it for sure, but it’s more just that base cards don’t have thousands of end users.

If it was strictly Good Player/Good Team dynamics Donovan Mitchell would be seeing huge spikes in Prizm Bass. He’s not.

I agree with the base sentiments. Btw Mitchell is literally one of the best buys out there and has been for a while. Unbelievable what cards you can get for the money on him right now when compared to other young stars.

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ccssports713 · 02-02-2021, 12:32 PM

I have a ton of Luka (long hold), Trae, Ja and Zion. I actually think what is happening is a good thing. The dip is tied to performance at this point it seems. All are playing well (Ja and Memphis have been out) but their teams are underperforming. So, to me if they were still climbing at the rate they were climbing at pre-season I would think that would signal unnatural movement. I think its a great time to buy whichever guy you believe in because all have shown they can be superstars. I think Dallas has a chance to make a run this month and Memphis is getting back to full strength as well.

Some of the big "influencers" are saying that modern is overrated and vintage is where it is at. I think sometimes we underestimate their influence. I remember having a Luka Optic PSA 10 on Ebay this time last year for $150. Zero offers for 2 weeks. Gary Vee says he is buying at $350 and immediately I have 15 offers from $300-$400. I kept the card and it has ebbed and flowed up to $900 and back down to $600ish currently. Tim Duncan, Shaq, Kobe (a little different with his death) Rookies were sitting collecting dust for the past 20 years and now all of the sudden everyone's eyes have been opened to the "value" of these cards. I am not sure where it will all settle but I think if you pay attention and find your niche you can collect your PC, make some money and have a little fun all at the same time.

So, all that to say, I think we are seeing some good natural ebbs and flows with current players!

02-02-2021, 11:25 AM	#27
gowizards0 Member Join Date: Dec 2008 Location: dc Posts: 7,179	buy dips not rips __________________ https://www.flickr.com/gp/76567484@N05/x3no8r Collect Pokemon, 2000s Basketball Football Follow me on Instagram! CardCatcherJ

02-02-2021, 11:40 AM	#30
cowboyzqna Member Join Date: Nov 2009 Location: Moundridge KS Posts: 9,265 cowboyzqna	Supply > demand. By a very wide margin. The reason prizm sells so strong is Giannis. I remember when blowout couldn't give away boxes of 13 14 prizm at 50 per.... and I was collecting prizm at the time but didnt buy any since I could buy my PC guy at the time for less than the cost of a box. I am personally trying to have 100 psa 10 Zion rcs two years from today. Been a project I have been working on for a while now and will have to keep chipping away at it. Does a collection like that "need" a prizm dime piece? Idk maybe. But I have no plans to add one. There are literally hundreds of cards that I would rather have of his for the same money. This was always coming and I think savy collectors / investors always knew it. The optic base zion dime is a card I am stacking though. Plan to have at least 10 copies of that. The mosaic base as well. These are just as overproduced. I never see them being big cards that go for dumb money since there are just so many copies readily available. But I like them. Can someone let me know the pop count of psa 10s on the mosaic and optic? I wonder if it's in the tens of thousands. Ultimately the plan is to try to sell every copy but 1 of each and use that money towards rare rcs. __________________ I am a Lucky Man

02-02-2021, 12:02 PM	#43
Asian62150 Member Join Date: Jan 2014 Posts: 6,255 Asian62150	Overall, the sports card market is still way way up. Some/all of these base cards were due for a correction. But big picture, that's a good thing. Base cards are probably the most liquid "asset class" in the market, which is great. But anytime you can trade base for non-base, that's a win in my book. A sign that the market is trending in the wrong direction is when you see wax prices fall. Even with the current dip in Luka base, 2018-19 Prizm wax seems to be doing just fine. __________________ IG: Asian62150

02-02-2021, 11:40 AM	#29
k13 Banned Join Date: Jan 2014 Posts: 12,617	Luka is still $1000 too high so a lot to go to get to real price.

02-02-2021, 11:43 AM	#31
pejc300 Member Join Date: Nov 2010 Posts: 10,671	Bottom line is none of these teams are doing well. That's all there is to it. If the Pels were 17-3 and Zion was putting up 25ppg there's be nothing to worry about. Same with Luka. and Trae. Their teams suck. They are not leading their teams to Ws (which is a concern, at least for now). There is no hype right now. Also, people worried about money flowing into this year's RC class are crazy. People will still spend money but no one is doing anything as far as RCs go. It's Michael Carter-Williams ROY type stuff all over again. This is good because it will keep money in the above-mentioned stars for a while longer.

02-02-2021, 11:45 AM	#32
BreaultCards Member Join Date: Feb 2020 Location: Boston,MA Posts: 1,221 Whartonparkgroup	I just have to wonder how many people here preaching it was inevitable will be the same people preaching (if and when) it goes up or rises fast again. My two cents.

02-02-2021, 11:58 AM	#40
BeastMode27 Member Join Date: Apr 2014 Posts: 2,341	Hawks team is actually playing really well. They just played 4 out of 5 games against the Bucks, Clippers, Nets, Lakers. Now they have Luka twice and Utah 3 of the next 4. Trae didn’t play in the bucks game. Nets game went to OT. Lakers they were within 2 with under 2 minutes to play. Lebron hit a dagger three at end of shot clock and they hit some free throws. Cam guarded Lebron really well. Most of his points came on end of game free throws and when Cam wasn’t on the floor. Hunter Being out hurts big time. Also Bogdanovic with knee fracture. Rest of the month also includes Celtics X 3, Denver, Indiana, Cleveland, Toronto, San Antonio. Tough stretch, make or break.

02-02-2021, 12:00 PM	#41
bberns Member Join Date: Jul 2018 Location: Marin County, CA Posts: 1,724 bberns	There is a tidal wave of cards at PSA that are going to continue popping over the next 6 months and folks will be selling many (at a minimum) to pay their grading fees.

02-02-2021, 12:16 PM	#45
k13 Banned Join Date: Jan 2014 Posts: 12,617	Sell Luka buy Nassir little. Sell high buy low.

02-02-2021, 12:17 PM	#46
k13 Banned Join Date: Jan 2014 Posts: 12,617	Lot of money going to wax. Once wax prices start going down you its getting bad.

02-02-2021, 12:18 PM	#47
lseecon Member Join Date: Apr 2016 Posts: 480	all you doom and gloomers want immediate satisfaction. prices ebb and flow, whats hot ebbs and flows. 2-3 years ago, you couldnt give Kobe or Lebron rookies away and same with dozens of other top rookie vintage cards. they were dirt cheap. There have been many, many periods when there was very little interest in Jordan cards. Sometimes certain cards and eras are "hot" sometimes they are not. If you buy the legends and future legends when everyone else is selling and prices are low, it always works out in the long run.

02-02-2021, 12:20 PM	#48
Dame Banned Join Date: Aug 2020 Posts: 3,482	I'm probably in the minority but I love watching LaMelo and the Hornets, far more fun to watch than Zion and the Pelicans. I'm also a fan of Wiseman and he's lucky to fall in a team that has Steph Curry and one that has established winning culture.

02-02-2021, 12:32 PM	#50
ccssports713 Member Join Date: Dec 2019 Location: Houston, TX Posts: 339 ccssports713 ccssports713	I have a ton of Luka (long hold), Trae, Ja and Zion. I actually think what is happening is a good thing. The dip is tied to performance at this point it seems. All are playing well (Ja and Memphis have been out) but their teams are underperforming. So, to me if they were still climbing at the rate they were climbing at pre-season I would think that would signal unnatural movement. I think its a great time to buy whichever guy you believe in because all have shown they can be superstars. I think Dallas has a chance to make a run this month and Memphis is getting back to full strength as well. Some of the big "influencers" are saying that modern is overrated and vintage is where it is at. I think sometimes we underestimate their influence. I remember having a Luka Optic PSA 10 on Ebay this time last year for $150. Zero offers for 2 weeks. Gary Vee says he is buying at $350 and immediately I have 15 offers from $300-$400. I kept the card and it has ebbed and flowed up to $900 and back down to $600ish currently. Tim Duncan, Shaq, Kobe (a little different with his death) Rookies were sitting collecting dust for the past 20 years and now all of the sudden everyone's eyes have been opened to the "value" of these cards. I am not sure where it will all settle but I think if you pay attention and find your niche you can collect your PC, make some money and have a little fun all at the same time. So, all that to say, I think we are seeing some good natural ebbs and flows with current players!