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The main focus of collectible card games seems to be in the '90s through names like Magic the Gathering and Pokémon. Some of the booster packs have already reached into the hundreds of thousands of dollars price range and individual cards into the tens of thousands which has had a larger impact on the overall collectibles market including cards and games from the '80s. Those who have managed to hold on to these old sets for a longer period of time may be surprised to find just how much they’re now worth with the hype around the collectibles market as a whole building.
There is a lot that impacts the trading card markets such as the shipping company, quality of storage and whether or not the cards have a good popular culture quality at the time. The good news is that there are plenty of investors out there looking to cash in on the current excitement for these older collectibles no matter the condition. Companies like Funko and Super7 also seem to be market drivers, constantly developing old franchises into a series of collectibles. And while they might be competing with vintage dealers for collector dollars, keeping nostalgia franchises in the forefront of collector's minds only helps retain the value of vintage items.
Action figures, board games, and even general merchandise are constantly being churned out by companies ready to bank on that feeling of nostalgia. The re-release of Masters of the Universe and G.I. Joe action figures in recent months has been a huge market driver for members of Generation X who now have the means to recollect their childhood. And those who have managed to hang on to their childhood toys are now seeing how valuable they've become. Companies like Mattel are banking on the idea that purchasing reproductions is much easier and cheaper than recollecting vintage items. Yet, demand for retro properties can only mean that the value of vintage items should continue to grow in the future.
The big question for many is just how long can this hype continue to last and when is the best time to start selling those prized possessions? Older video game consoles for example like Sega Genesis and Nintendo Entertainment System have held their value remarkably well and still have a huge market even some thirty plus years later after their original release. In fact, recent years have seen rare video game cartridges sell for all-time highs which has increased the value of common cartridges as well across all platforms from the '80s and '90s.
And the excitement certainly hasn’t slowed – first coming back in popularity over the past few years with unboxing videos from YouTube influencers. Many are rediscovering the value of these old collectibles and there’s still plenty of time to make the most of any you may have tucked away. Hunting for childhood nostalgia at the local antique mall or thrift store has also been a popular influence on the market. More importantly, the increasing need for nostalgia may hold future proof of the value of collectibles as you may have the opportunity to pick up something that you can recollect and hold on to for some time in the future, seeing just how well older collectibles can further keep and increase in value.
1 Comments
It seems like a bit of a slight, or perhaps modern arrogance, or just outright indignity that in the past several years the collector's market has been flooded with "highly valuable" Pokemon and Dragonball cards. And when I say "highly valuable" I'm talking cards valued at upwards of $10K! To me this seems the ultimate slap/spit on the face of generations that collected their heroes on baseball cards. Babe Ruth, Cal Ripken Jr., Earvin Johnson, Julius Erving, John Elway, Walter Payton...nope. Here's a stupid cartoon character invented to distract children whose parents won't turn off the TV or force them to put down a phone or game console. And it's worth more than your car and down payment on the house you live in. And it looks pretty stupid, but hey, invented value just like crypto currency!
ReplyDeleteMakes me want to drown in the vomit rising in my throat. I will thoroughly enjoy watching millennials perish when they can't escape rising floodwaters or a raging inferno at their door. Maybe they should have gone out and done something other than allow the internet to tell them how to live their lives. Pokemon ain't coming to save you!