Are trading cards recession-proof? (2024)

Are trading cards recession-proof?

They also offer a stable return of 0.03% on average during three recent market crashes, and have offered an annual growth rate as high as 95% during periods of high inflation. This data suggests that sports cards can be an excellent inflation hedge and store of value during periods of economic uncertainty.

Are trading cards worth keeping?

Collecting sports cards can be a great investment for card enthusiasts. Not only does it provide a fun hobby, it can also be an excellent way to make a profit. While the value of individual cards depends on the rarity and condition, some rare cards can be worth thousands of dollars.

Are sports cards a good long-term investment?

Investing in sports cards can yield substantial returns but comes with risk. Deciding on a short-term flip or long-term investment will guide the types of cards to invest in. Spotting undervalued cards involves predicting a player's market value and understanding card factors such as condition, rarity, and design.

Is sports card collecting dead?

The hobby is far from dead. In fact, there's not much doubt the card market is a much bigger arena than it was just 3-4 years ago, but it's safe to say that things aren't quite as robust overall as they were at this time last year.

Are sports recession proof?

There are many reasons why so many teams are changing hands, but the biggest one is simple: Money! Sports franchises have been immune to a pandemic-fueled economic crisis and recent stock market declines. The Angels, which were bought in 2003 for $183 million, are now valued at $2.5 billion, according to Sportico.

What is the most sought after trading cards?

While Honus Wagner's card is generally seen as the holy grail for baseball card fans, it's Mantle's rookie that takes the top spot. On August 28 of 2022, a Mickey Mantle 1952 Topps Card sold for $12.6 million to an anonymous buyer.

Do Panini cards hold value?

They do not hold their value. To keep it short and sweet, it's fair to say that Panini is flooding the market with way too many new products and overprinted quantities of all of them because a) they don't have any long-term skin in the game and b) people were buying as much as they could print, at least for a while.

What is the future of the sports card market?

The online trading platform market size is expected to increase by USD 2.66 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 7.67%. The growth opportunities and demand for online trading platforms in the APAC region are key drivers fueling the market's growth.

What is the most profitable sports card?

See disclosure. The 1952 Topps #311 card has long been considered the most sought-after and valuable baseball card in the hobby. In August 2021, a Honus Wagner T206 set the record for the most expensive sports card sold at auction with a final sale price of $6.6 million.

When should I sell my sports cards?

This is why selling and buying sports cards is challenging but also fun. For example, the best time to sell NFL football cards is during the months of September through January the next year. Then, best time to sell your MLB cards would be starting with April and up to October.

Will Michael Jordan cards increase in value?

The value of Michael Jordan Basketball-Cards has been increasing for about 0.45% in the past 30 days and decreasing for about -39.32% in the past year. The most traded Card of Michael Jordan in the past 30 days on ebay was for 1990 Fleer #26 Michael Jordan by Fleer from 1990 with an average price of $16.6.

Can you still make money selling sports cards?

Grading and selling: Grading companies like PSA and Beckett can assign a grade to your #sportscards based on their condition, with higher grades typically commanding higher prices. If you have a collection of cards in good condition, getting them graded and then selling them could be a profitable strategy.

Are sports cards a bad investment?

Are sports cards a good investment? Sports cards can be a good investment, but the majority of your investments should be in traditional vehicles like the stock market. Investing in sports cards can be a way to monetize your hobby.

What two things are recession proof?

Examples of recession-proof assets include cash and cash-equivalent investments, such as 3-month U.S. Treasury bills, while examples of recession-proof industries are consumer staples, utilities, and healthcare, among others.

What is the most recession proof sport?

You see, according to some pain-staking research from ConvergEX Group, and specifically Beth Reed, vice president of the strategy team for the research and investing firm, the sport that's been best able to survive ticket price increases and still keep their fan base from 2008 to 2012 is — the National Hockey League.

What funds are recession proof?

These are known as "recession-proof" funds, which offer investors a sense of security during turbulent times. Three types of recession-proof funds that investors may consider are consumer staples, utility and healthcare funds.

What trading cards are worth buying?

Are Tom Brady cards a good investment?

Generally, Tom Brady rookie cards has good resale value, which means it's a potential investment when you own one and sell it after some time. Like other assets, Tom Brady rookie cards can grow its value over time, and you can use it by owning one and selling once its value increases.

Why are trading cards worth so much?

There are plenty of things that are one-of-a-kind that aren't selling for millions of dollars at auction. No matter how rare something is, it is completely worthless unless there is demand for it, and the demand for trading cards tends to come from three main places – players, collectors, and speculators.

Should I collect Topps or Panini?

Panini has the licenses for most major national tournaments as well as pretty much every relevant country outside of Germany – yet for the most part Topps is the premier brand in soccer. That is more because of how badly Panini uses their licenses and their inability to identify young players before Topps does.

What is the rarest NFL card?

1958 Topps #62 Jim Brown ($358,500)

Additionally, he was inducted into the Pro Football Hall of Fame in 1971 and became well-known for his philanthropic endeavors following his football career. The 1958 Topps #62 Jim Brown card features an action-shot of the player running with the ball.

Why are Panini NFL cards so expensive?

For example, the Panini Contender Rookie cards are usually quite expensive because they are numbered and bear an autograph.

Will sports cards rebound?

More importantly, the hobby is healthier than ever and includes a large core of collectors with a genuine passion. The value of cards will rebound from a decline. That means, just like in the stock market, you have an opportunity to buy low and sell high.

Is sports card collecting making a comeback?

Sports card collecting, a hobby that was once thought to be on the verge of extinction, is making a comeback. In recent years, the market for sports cards has been experiencing a resurgence, with collectors, investors, and even casual fans alike showing renewed interest in the hobby.

Is there a demand on sports cards?

The industry has grown at a record pace, reaching nearly $13 billion in 2021. Experts believe the market will continue to surge well into 2032, where it's expected to reach just over $49 billion, growing at a rate of 13 percent CAGR (compound annual growth rate).

What sports cards are best to collect?

What baseball card is worth $1 million?

A PSA Mint 9 card is worth $1.2 million, while a PSA NM-MT 8.5 card sells for $700,000. Many collectors prefer the 1952 card, but the 1951 Bowman is still a piece of baseball history.

What MLB rookie cards to invest in?

How do I know if my sports card is worth a lot?

To find the value of sports cards, there is no better source than eBay. eBay will show you exactly what a particular card in a variety of conditions has recently sold for.

Are older sports cards worth more?

Normally, the older a baseball card is the more likely it will have higher value. There are many exceptions to this rule, too many to list, but in general this is true. For example, common 1909 T206 cards are worth something while many common cards printed in the 1980's are not.

How should I store my sports cards?

Best Advice. Most collectors preserve their sports cards by putting raw (ungraded) cards in a penny sleeve –> then into a top holder –> then into a team bag just for extra security. Also store them in a cool, dark, dry place (e.g. in a closet).

Will Kobe Bryant cards go up in value?

In March of 2021, a Kobe Bryant rookie card was sold for a record-breaking $1,795,800 at an auction. This represents the highest price ever paid for a Lakers legend basketball card. Many collectors believe that the value of Kobe's rookie cards is expected to rise as his legacy continues to grow.

What is the average price of a Michael Jordan rookie card?

Can you make a living off trading cards?

Many people these days are seeing the potential value in sports cards as an alternative investment. So, can you make money buying and selling sports cards? The short answer is yes you can, but it's important to be aware of a few things. In this article we take a look at how you can make money with sports cards.

Are hobby boxes worth it?

Hobby boxes can be worth the fun and entertainment, but they are rarely worth the cost. Meaning, if you buy a $300 hobby box, you shouldn't expect to pull $300 in cards from the packs within.

What is the easiest way to sell sports cards?

Which is the safest investment?

What are the safest types of investments? U.S. Treasury securities, money market mutual funds and high-yield savings accounts are considered by most experts to be the safest types of investments available.

What is the best trading card brand?

The most valuable brand of baseball card can vary depending on the specific card, however, Topps is generally the most constantly valuable baseball card brand. Topps is considered the leader of the industry, and rookie cards produced by Topps are often very highly sought after.

Are sports cards overproduced?

As card collecting surged in popularity, card companies like Topps, Donruss, Upper Deck, Fleer and Bowman overproduced cards in enormous quantities in an attempt to meet market demands. They mistakenly flooded the market, eliminated scarcity and rendered their cards worthless. Even today, many of them still are.

What should I do with my old trading cards?

Which type of trading cards are worth money?

How do trading cards increase in value?

Everything from when the card was printed, how much of it was printed, and its condition, can impact a card's value. We'll start with supply, or in this case, rarity. In general economic principle, when supply is down, demand and, in turn, value, increases.

Why did trading cards lose value?

Supply has long since caught up with demand. Pallets of unopened cases and shoeboxes of childhood collections are common. If you're looking to sell your late-80s and early-90s cards, you're not alone. The cards are worthless because nobody's buying.

Are any trading cards from the 90s worth anything?

Baseball Cards From 90s With The Most Values. The most valuable baseball cards from the 90s are Derek Jeter SP #279 and Alex Rodriguez SP #15. The Frank Thomas No Name version is another with the most value.

How do you store thousands of trading cards?

Since binders can be expensive and can't hold thousands of trading cards,like card storage boxes can do, we'd recommend placing each one in a protective sleeve and placing it in a specialized trading card box. Now if your collection is less extensive than we'd recommend using a binder.

What is considered vintage in trading cards?

'Vintage cards' is truly a catch-all term for all varieties of cards produced before 1980. Vintage cards are further divided into two segments, Pre-War and Post-War.

What is the best way to store expensive cards?

For those rare cards that are worth a lot of money, a safety deposit box or fireproof safe are often the best way to go to keep them secure and undamaged. For the bulk of your collection, a self storage unit can help you save space in your closets, basem*nt, or attic for other collectibles and belongings.

What is the most valuable sports card right now?

The current record price is the US$12.6 million paid for a 1952 Mickey Mantle baseball card (Topps; #311) on August 28, 2022, breaking all previous records.

Can you make a profit selling trading cards?

If you have a collection of cards in good condition, getting them graded and then selling them could be a profitable strategy. Breaking and #selling: "Breaking" refers to opening up boxes or packs of sports cards and then selling the individual cards.

Do ungraded cards have value?

Keep in mind your cards are ungraded or raw, so they will usually sell at prices that are typically less than if they were graded in the same condition. That does not mean you should or must get your cards graded. In fact, you may lose money if you do.

Why did Walmart remove trading cards?

What is this? Walmart has reportedly removed Magic: The Gathering and other trading card products, like Yu-Gi-Oh! and Pokemon TCG from the sales floor and suspended the sales of these items due to “inappropriate customer behavior and increased demand”.

Are baseball cards a good hedge against inflation?

Sports cards during periods of inflation

In high inflation environments, sports cards have tended to either hold their value or increase in value. They've outperformed cash during all four inflationary periods and bonds during the two most recent inflationary periods.