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Gold Card Talk Member
Picture of mykdude
posted Hide Post
quote:
Originally posted by webjon:

I do suspect that many of the PSA graded Marvel commons cards that were selling for insane money will come back to earth as PSA works through their backlog and more of these cards come to market.


By "market" you mean pop report.....right? Wink

There are now 6,518 graded 1990 Marvel Universe cards just for PSA. Nearly 5000 of them are 9's and 10's.
 
Posts: 3623 | Location: Tennessee | Registered: March 09, 2002Reply With QuoteReport This Post
Gold Card Talk Member
posted Hide Post
quote:
Originally posted by mykdude:

By "market" you mean pop report.....right? Wink

There are now 6,518 graded 1990 Marvel Universe cards just for PSA. Nearly 5000 of them are 9's and 10's.


Indeed.

Is 5000 a lot? I have no idea, but it seems like a lot, and I bet there are a ton more that are still waiting to be graded at PSA.
 
Posts: 4868 | Location: Parts Unknown. | Registered: January 25, 2001Reply With QuoteReport This Post
Gold Card Talk Member
Picture of mykdude
posted Hide Post
quote:
Originally posted by webjon:
quote:
Originally posted by mykdude:

By "market" you mean pop report.....right? Wink

There are now 6,518 graded 1990 Marvel Universe cards just for PSA. Nearly 5000 of them are 9's and 10's.


Indeed.

Is 5000 a lot? I have no idea, but it seems like a lot, and I bet there are a ton more that are still waiting to be graded at PSA.


Compared to the few hundred that were graded when this mess started. Given the quality of Impel's print standards and the rise of the card protection industry at the time, I would imagine if we could grade them all that the majority
would still hit in the top 3.

Yeah I agree, the numbers are only going to go up. And this is just one pop report.
 
Posts: 3623 | Location: Tennessee | Registered: March 09, 2002Reply With QuoteReport This Post
Gold Card Talk Member
posted Hide Post
quote:
Originally posted by mykdude:

Compared to the few hundred that were graded when this mess started. Given the quality of Impel's print standards and the rise of the card protection industry at the time, I would imagine if we could grade them all that the majority
would still hit in the top 3.

Yeah I agree, the numbers are only going to go up. And this is just one pop report.


Totally agree -- had this argument a few times on Blowout with newbies who assured me that I was wrong -- that 1990 Marvel Universe cards were rare in good condition. . .
 
Posts: 4868 | Location: Parts Unknown. | Registered: January 25, 2001Reply With QuoteReport This Post
Silver Card Talk Member
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I noticed that the 1993 Nike Aerospace 12 sticker set (Michael Jordan with Looney Tunes characters) that was packaged in a CD case with a mini-sticker sheet has been selling for less than it had been. Earlier this year, it had been selling for $400 to over $1100 but it's been going for $300-400 in the past month. The stickers appear to be the same as the ones you could buy separately (mini-sticker set also the same and was sold separately), but in the CD case with Nike and Looney Tunes stickers on it, it was a much less common promo piece.

Jess


quote:
Originally posted by webjon:
People on Blowout and Facebook are starting to note that prices on individual cards have already started to slide.

Anecdotally I picked up some Ultra Spider-Man on COMC when that was selling out on ePack with the intention of flipping it when the product dried up, but the prices on virtually everything I bought have dropped. Obviously that wasn't very long ago.
 
Posts: 2402 | Location: San Jose, CA, USA | Registered: December 23, 2002Reply With QuoteReport This Post
Gold Card Talk Member
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People on Blowout started complaining about the slide in Marvel card prices too.

I do think that rare items are not going to fall in price much, but the common stuff is falling back to earth quickly.

I've noticed some items I have been watching have been selling much more slowly and for a lower price.

Sealed wax still seems expensive.
 
Posts: 4868 | Location: Parts Unknown. | Registered: January 25, 2001Reply With QuoteReport This Post
Gold Card Talk Member
Picture of mykdude
posted Hide Post
quote:
Originally posted by webjon:
People on Blowout started complaining about the slide in Marvel card prices too.

I do think that rare items are not going to fall in price much, but the common stuff is falling back to earth quickly.

I've noticed some items I have been watching have been selling much more slowly and for a lower price.

Sealed wax still seems expensive.


If one is going play the high grade value game with the early 90's Marvel product the holograms seem to have a more balanced population report. Not so easy to get a 10 with a card that started to receive damage as soon as it was placed in the pack by the manufacturer.

Roughly 8000 90 and 91 Impel Marvel cards have been sent to PSA for grading. Their only complaint is that they need to train and hire more graders.

This message has been edited. Last edited by: mykdude,
 
Posts: 3623 | Location: Tennessee | Registered: March 09, 2002Reply With QuoteReport This Post
Platinum Card Talk Member
Picture of Raven
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Saw this on Blowout and tried to check it out. According to the poster, graded gem mint #10s of 1990 Marvel Universe Wolverine #23 were selling for over $2,000 a few months ago. Now one just sold for $142.

So one did sell on eBay for $152 on June 12th. The other sales I saw did not go back months and were not on gem mint 10s. I didn't look long, so I can't confirm what high prices they hit. However someone is trying to sell one at $1800 with Best Offer.

Now I think $152 for a card that may have been trading for under $5 a couple of years ago and was collecting dust for 30 years is great. But God help anyone who bought that after it was graded and paid hundreds or thousands of dollars as it climbed the invisible ladder. When the population report catches up to all the other gem mint Wolverines submitted and still trying to work their way through the grading backlog, $152 will be a thing of the past too.

This is very sad for anyone who truly bought into it thinking they had an investment quality card because of the grading. All of the warnings got drowned out as "buzzkill", but in the end there will be real victims of this kind of hype, which will just move onto some other product. Meanwhile the graders have made a fortune and the pumpers have sold all their cards. Shake Head
 
Posts: 8644 | Location: New York | Registered: November 20, 2007Reply With QuoteReport This Post
Silver Card Talk Member
posted Hide Post
quote:
Originally posted by Raven:
Saw this on Blowout and tried to check it out. According to the poster, graded gem mint #10s of 1990 Marvel Universe Wolverine #23 were selling for over $2,000 a few months ago. Now one just sold for $142.

So one did sell on eBay for $152 on June 12th. The other sales I saw did not go back months and were not on gem mint 10s. I didn't look long, so I can't confirm what high prices they hit. However someone is trying to sell one at $1800 with Best Offer.

Now I think $152 for a card that may have been trading for under $5 a couple of years ago and was collecting dust for 30 years is great. But God help anyone who bought that after it was graded and paid hundreds or thousands of dollars as it climbed the invisible ladder. When the population report catches up to all the other gem mint Wolverines submitted and still trying to work their way through the grading backlog, $152 will be a thing of the past too.

This is very sad for anyone who truly bought into it thinking they had an investment quality card because of the grading. All of the warnings got drowned out as "buzzkill", but in the end there will be real victims of this kind of hype, which will just move onto some other product. Meanwhile the graders have made a fortune and the pumpers have sold all their cards. Shake Head


Here are all the PSA 10 sales of #23 that I can find that went over $1000:

April 1, 2021 - $1247.22 (auction)
March 28, 2021 - $2027.22 (auction)
February 24, 2021 - $1752 (auction)
February 19, 2021 - $1723 (auction)
January 31, 2021 - $1499.99 (Buy It Now)

Those are the only eBay sales I see where the #23 card sold for over $1000 in a PSA 10. Last Spring it was basically a $50-$60 card in a 10. And now it's trending back down near those prices again. So those who overpaid got themselves carried away in the hype-machine that only lasted for about 3 months. Shake Head
 
Posts: 2095 | Location: Pennsylvania | Registered: September 14, 2006Reply With QuoteReport This Post
Gold Card Talk Member
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That's been quite a ride for that card -- sheesh.

I think that rare cards will continue to sell at elevated prices -- not sure how elevated, but I think this exposed how rare certain entertainment cards are while exposing how common other entertainment cards are.

I don't feel bad for people who speculated on these and lost. There were plenty of warnings, and they knew they were speculating.

Black Diamond is interesting. . . seems to be selling at crazy high prices. . . what does that mean? Are new releases are going to be crazy expensive while the PSA grading on the 1990s cards has died? Are the speculators going to look for a new 'old' set to pump and dump?

This message has been edited. Last edited by: webjon,
 
Posts: 4868 | Location: Parts Unknown. | Registered: January 25, 2001Reply With QuoteReport This Post
Bronze Card Talk Member
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Yes latley on Blowout there has been a few members noting the lower prices being obtained for some cards
I take it that they are wondering if the bubble has popped
 
Posts: 599 | Location: New Zealand | Registered: November 22, 2016Reply With QuoteReport This Post



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