What happened to the baseball card market?

The Baseball Strike Added Fuel To The Fire Casual baseball fans that started collecting were no longer interested. It wasn’t long before many of the speculators also left the hobby en masse, leading to a freefall in card prices, ultimately cementing the history as one of the biggest non-stock market bubbles in history.

Why have sports cards lost value?

Supply and demand were in line, so prices were strong. The mass supply should have been a major tip-off that made the continuous growth of sports card value impossible. As the hobby hemorrhaged collectors, supply now far exceeded demand.

Did the sports card market crash?

It’s no secret that the sports card market is dropping considerably compared to where it was earlier in 2021. The market has seen massive drops on some of basketball’s signature cards over the last few months. Kobe Bryant’s 1996 Topps Base PSA 10 sold for $10,179 back on Feb. 11, but has dropped 72\% since.

Why do baseball cards manufactured today have almost no value?

Your 1989 baseball cards still aren’t worth anything because they were so mass produced. The emphasis went from mass produced standard products (why those 1989 baseball cards aren’t worth anything) to limited run products.

Did Topps lose MLB license?

Topps loses its licensing deal for baseball cards and tears up its plan to go public. Major League Baseball and the Major League Baseball Players Association are ending their licensing agreement with Topps in favor of a deal with Fanatics, the up-and-coming sports collectible brand.

Why are sports cards going up?

In February 2021, eBay reported that sports card sales in 2020 increased on the site by 142 percent over 2019, with more than 4 million cards sold. The market was driven in part by the wholly relatable tug of nostalgia, and the quest to feel joy about something during months of isolation.

Will baseball cards ever be worth anything again?

Unfortunately, they won’t likely be worth much (unless you’ve got some very specific sets like 1986-87 Fleer Basketball). For the most part, the collections people have from the ’80s and ’90s are not strong because those cards were over-produced. There was too much supply and not enough demand.

Did baseball cards lose value?

The values of baseball cards peaked in the early 1990’s and then decreased by 10\% to 30\% over the next few years. Since that time, the card values have been relatively flat. Many people find this last statement hard to believe, but it is very simple to verify.

Why does Upper Deck not make baseball cards anymore?

Unfortunately, the two lacked the business and personal connections to help land the necessary Major League Baseball Players Association (MLBPA) license, which would allow Upper Deck to use players’ names and likenesses on its cards.

Is baseball card collecting dead?

No, collecting is not dead.

Is Panini a MLB license?

For example, Panini, which has an MLBPA license but no MLB license, produces baseball cards but isn’t allowed to show MLB team logos. Topps, which has deals with MLB and MLBPA, currently produces baseball cards with players’ images and MLB team logos. MLB’s deal with Topps was extended in 2018 and runs through 2025.