6 Sports Card Investing Lessons for Today from the Junk Wax Era

Подписаться 2,4 тыс.

Просмотров 7 тыс.

50% 1

We are not in a second junk wax era, however there are a number of lessons from the junk wax era that are valuable to sports card collectors today. In this video, we are going to look at six big lessons that can be learned from the junk wax era of sports card collecting that are relevant today.
And please SUBSCRIBE to the channel for lots of sports card content!
Find me on Instagram and Facebook @sportscardsoa

Развлечения

Опубликовано:

5 июл 2024

Ссылка:

Скачать:

Готовим ссылку...

Добавить в:

Мой плейлист

Посмотреть позже

Комментарии : 122

@samhiniang8590 9 месяцев назад

I'm exclusively an XRC and RC collector of Hall of Famers. While watching this video, I can't stop thinking about a scenario: What if they print a new Michael Jordan card everything year. Each time they print it with extra foil, extra black or extra thick or what ever components to make the card disintegrate or self-destruct upon contact. What if they print all the cards that way?

@samhiniang8590 9 месяцев назад

One other point: The only thing that is different between the "Junk Wax Era" and Now is the 3rd party grading companies. People were flipping, trading and selling. As junk wax goes, the companies are still printing and printing even more cards, just different variation. Imagine an '89 UD Griffey, number it to 5, different set numbered to 299, 499, 999, 2999, base, all the colors of the rainbow, all the fractors, different card stock. Then repeat with the mini's.

@scoa 9 месяцев назад

Yeah, it makes for a different situation with modern cards do. Part of the reason I don't like thinking of now as Junk Wax 2.0. There are some similarities, but a lot of differences too. It's its own unique era of too much printing, with a new context.

@kypham6292 2 года назад

Great content man. Subscribed

@scoa 2 года назад

Glad you liked it! Welcome to the channel

@aceboogie2021 9 месяцев назад

I got the MJ power in the key in a pack from gas station.

@scoa 9 месяцев назад

That is awesome! That's definitely up there among one of my favorites.

@Cougar139tweak 10 месяцев назад

Wouldn't it be funny that because the 80s 90s wax era was overproduced that enough people will junk them, and in 30 years or so... we might see a resurgence in their popularity

@scoa 10 месяцев назад

I think there really is quite a lot of interest in quite a lot of cards from this Era. I know for me its still the main era i look at for personal collection stuff. But the ones that seem to have the most interest and value are rarer and/ or harder to keep in perfect condition and/ or have become particularly iconic for whatever reason.

@lachg1714 2 года назад

Possibly Zion. Some massive prices early. Will they hold up longterm?

@scoa 2 года назад

I am surprised they are still holding up in value as well as they are right now. He was crazy hyped up right from the get go. His early card prices were astronomical, it was also the first year that Panini really overproduced like crazy. I don't have much faith in his cards long term for the most part. I only buy him if someone has even less faith in him than I do and offer really super low prices, just in case.

@rg040276 2 года назад

Valuable insight! Solid points made. More people should watch this to get informed but they’ll watch the “trendy”investor/collector with all the bells and whistles.

@scoa 2 года назад

Glad you liked it! Definitely a lot of people into the bells and whistles. But I think there's a lot of us more down to earth people out there too who are looking for some concrete learning too.

@benmann2504 2 года назад

Really great content. I'm glad I found this channel, look forward to exploring more!

@scoa 2 года назад

Welcome Ben! Glad you enjoyed the video!

@jcan7522 2 года назад

What the 1992 update set was hard to find in 1992. What are uou talkjng about. I was doing shows 1992. Lol. 1992 bowman was easy. The 1992 fleer rookie insert too was hot, and money was lost to that.

@scoa 2 года назад

1992 update had shorter print runs than bowman due to 1991 update not being popular. It wasn't necessarily super hard to find, but it was printed a lot less comparatively. I'm sure a lot of people did loose money if they bought during the early hype, that'll happen with anything new and anyone who becomes hyped up.

@thecardclosetcanada5443 2 года назад

Oh man. Just subscribed. Fantastic video. Got back into the hobby a couple years ago after a 25 year hiatus. I couldn't (still can't), understand how people value guys like Shaq and Robison, and how they value the new guys. There is so much to be learned from the junk wax era, I'm glad I collected back then, will help me avoid the pitfalls now.

@scoa 2 года назад

My path was similar. Couple decade break in between. I love how I love it just as much now as I did then. My 12 year old self is happy for me.

@thecardclosetcanada5443 2 года назад

@@scoa ha! Absolutely. All my cards had sat in boxes for a couple/few decades. Never looked at them at all. One day at work looking for fishing videos, I see a video with the thumbnail of the 1990 skybox Michael Jordan. I watched that video, then another, and another, by the time I got off work I was 100% back in. I went home that night and immediately started opening the old boxes of cards. By the end of the week there were packages showing up in the mail box. My poor wife had no idea. She had zero idea I collected when I was younger. She's asked me where this passion has come from, because she's never seen it before. I've told her it's always been there, it's just kind of reawaken. I've reigned it all in, the obsession and the spending that comes with it. I've completely focused on what I like, which is what I collected before, I'm a 90s guy. That was my decade. I'm totally back in love with it and I hope to never stop collecting again.

@scoa 2 года назад

@@thecardclosetcanada5443 That is a great story, thank you for sharing! I still have my old boxes of cards at my parents place that I am eager to explore. But haven't been back to the US since I got back in to card collecting again like two years ago. Excited to see what's in there, I remember a few of my old favorite cards, but there's a whole lot in there I don't remember.

@psmalls6394 2 года назад

Bro that was amazing. Thank you so much for sharing all that. I feel like I just saved hundreds of dollars lol

@scoa 2 года назад

Awesome! I'm glad it was helpful! That's the goal.

@junkwaxheir5513 2 года назад

Excellent video. Well done. My only push back is that the hof’ers of the 90s didnt have rare cards. Theres no david robinson rc auto or numbered clyde rookie. Further, they didnt have any social media presence. Now you can have a much more personal connection with players not easily erased. Just Something to consider.

@junkwaxheir5513 2 года назад

*my only visual memory of clyde was his slam dunk contest. If that was now. HOH etc would be posting and we’d be following his ig lol

@scoa 2 года назад

That is very true. Less rare cards and less personal connection of fans with players could make a difference. But even with that, it's amazing to me how cheap even some of the rare-ish (like rare for junk wax) of Clyde are. He was one of my favorites growing up (as someone from Oregon, that was almost an obligation while he was a Blazer). But you're right, I do think the context today is quite different. Might keep players in more fans memories for longer.

@junkwaxheir5513 2 года назад

@@scoa even in Cali the clyde windmill will forever be remembered. Yes its a shame. Will be interesting to see how these rare sought after cards hold up but i do think social media, youtube will have more of a impact not only with athletes but the card market narratives as collecting/investing has changed as well.

@Ralyks_20 2 года назад

Well put ... and something to keep in mind for sure when trying to buy "rookies" mindset kicks in for new collectors... older basketball,football,hockey,baseball players "rookie" cards of athlete wearing their h.s or collegiate uniforms are worth more then the modern cards today of athletes "rookie cards" not yet in their professional jerseys and stuff... example ... contenders, wild card etc 2021 compared to 80s or 90s of those " off brands" (NOT topps, panini, fleer) etc

@jsonbourne7 2 года назад

Great Content

@scoa 2 года назад

Appreciate that TGS, glad you enjoyed it

@GhostsAndGarbagePailKids 2 года назад

Yesss. Excellent video. Great points man.

@scoa 2 года назад

Appreciate that Tom, glad you enjoyed it.

@JeffreyStrain 2 года назад

A well-done explanation and quite interesting. Instant sub!

@scoa 2 года назад

Welcome Jeffrey! Glad you liked the video

@sp123 Год назад

17:32 Chris Paul cards should be worth a lot more if we are going off accomplishments

@josephhayik7431 2 года назад

Good video 👍

@scoa 2 года назад

Glad you liked it Joseph! Hope you'll stick around and check out some other videos on the channel!

@nugz_cards 2 года назад

Great video! I am banking on Jokic

@scoa 2 года назад

In the short term, I feel his cards have to go up. They seem undervalued to me right now. 20 years from now, who knows, it's tough to say who will be among the most remembered. I've been actively looking for his cards recently too. Him, Giannis and Durant all seem a bit undervalued to me.

@barbariangate 2 года назад

very logical explanations, well done!

@scoa 2 года назад

Thanks! Glad you enjoyed it.

@SlabCity10 2 года назад

Great insight. Subscribed!

@scoa 2 года назад

Glad you liked it. Welcome to the channel

@bigjax731 Год назад

Awesome

@dwayneskinner7315 2 года назад

I think statistically this one video breaks all of yoru previous records mate, whatever you did, bottle it and use it again, repeaatedly! I think you hit the sweet spot as so many people would have started off in that junk wax era and have only recently returned to the hobby, so the lessons from yesteryear are extremely relevant to today. for a lot of folks.

@scoa 2 года назад

Definitely. I've got more subscribers in the last three days then any other period of time. Gotta think up some more content ideas in this vein. My current most watched video is also junk wax related, talking about most sought 90s basketball inserts nowadays. Junk wax and CSG related stuff seem to do the best thus far.

@ratedRamsey 2 года назад

NOIR RC RPA PSA 10

@DerethAC 2 года назад

Great video! I've been thinking a bit lately about the infatuation that the hobby has with Prizm rookies in basketball and football, and agree that one of the "less popular" rookies from other sets may eventually surpass them in value. Edit: Absolutely nailed it on the generational player(s) point too. I cringe right now when I see people paying thousands for Lamelo Ball cards. There is zero chance that he retains value long term when PGs like Gary Payton, Chris Paul, Steve Nash, and Allen Iverson couldn't.

@scoa 2 года назад

Yeah, I don't fully understand the Prizm infatuation myself. There's so many other sets I think are nicer. I think my favorite visually of all base cards is "Origins". Love that stuff.

@sandvich4148 2 года назад

You are very smart! Look forward to move videos!

@scoa 2 года назад

Appreciate that, welcome to the channel!

@Latinochino 2 года назад

Great video and well spoken lesson!

@scoa 2 года назад

Appreciate that! Glad you enjoyed it.

@Latinochino 2 года назад

@@scoa oh yeah. Obviously from my channel. Junk wax is kinda my thing and enjoying hearing your prospective on this subject, good job 👍🏾

@scoa 2 года назад

@@Latinochino very cool. I just subscribed to your channel. I'll dig through and check out what you got. Junk wax is fun.

@Latinochino 2 года назад

@@scoa I grew up in the 80's but love me some 90's basketball for sure! Hey I really do appreciate the sub sir! Oh I had to mention, congrats reaching 500+ subs. I know on the end of this video, you stated that it is hard to reach an audience. With OG like ourselves, the younger crowd is not looking in our direction but you will get to 1K in no time 👍

@scoa 2 года назад

@@Latinochino I also grew up the same time. 90's basketball cards were a big part of my younger years. A love and an addiction lol. Thanks on the congrats. Nice to finally hit the 500 mark and things look to be speeding up a little on the pace of new audience, so hopefully that's a sign of good things to come.

@ricardoramirezccc7242 2 года назад

Nice I have 41 Michael Jordan cards from 89 to 90s upper deck skybox hoops fleer fleer ultra topps since New on plastic covers About 30 year with me want to sale all together some I se for 4500 and one for 10xxx want 40 grand for all

@scoa 2 года назад

Are you talking about base cards? Or are there some special inserts in there? The 89 and 90 upper deck, Fleer, skybox, etc base cards are generally like $2 cards. Make sure you check actual sales, not just what people are listing them at. Some people list very unrealistic prices, but never ever sell them.

@ricardoramirezccc7242 2 года назад

I do have some barri ken grifey Jr Some others just don't know if those r valuable ., So it's just a lie what they r sale in 4 well I will hold on my Jordan cards still like it allot

@scoa 2 года назад

@@ricardoramirezccc7242 Those also are generally pretty inexpensive as well. That time period was a time of way overproduction. If you click the "sold" filter in eBay when searching, you can see things more clearly. Most cards from the years you're talking about are worth just a couple bucks or less, unless they are graded and got a high grade. Even then. There are a few exceptions, but mostly this is the case.

@gregfruchtman1404 2 года назад

Good Morning Sir, Great informative videos.

@scoa 2 года назад

Thanks Greg! Glad you're getting something from the videos.

@markthompson7503 2 года назад

I have a graded Piazza Single A Bakersfield Dodger card...i'd take that over any Fleer rookie card....oh I also have a Pedro Martinez Bakersfield Dodger graded card too.

@scoa 2 года назад

It's crazy to look on the stats of the back of that minor league Piazza card, see he was drafted in the 61st round, and then compare that to his first full MLB season. Crazy jumps.

@verbone 2 года назад

I see a lot of people using population counts as a measure of a card's rarity. While it may literally be the case, it doesn't necessarily speak to any value of a card. For example, the MJ Scoring Kings card has double the PSA population simply because it's a more popular (and valuable) card, and therefore, collectors will grade it more often. The Power in the Key card is less common because it's less often sent to PSA due to its lesser popularity (and value).

@scoa 2 года назад

In that example though, the Scoring Kings was inserted 1 per 36 packs, and the Power in the Key 1 per 37. Both in the same 93-94 Fleer Ultra. So it was actually slightly less common. And the PSA pop count reflects that in a similar way so it seems a useful data point for this comparison.

@alfredocamba1995 2 года назад

Wow you earned my sub good sir

@scoa 2 года назад

Awesome! Welcome Alfredo!

@IdealtheWrapper 2 года назад

Interesting takes.

@scoa 2 года назад

Thanks for checking out the video. Welcome to the channel!

@robinwilliams5895 2 года назад

Great job

@scoa 2 года назад

Thanks! Glad you liked it.

@babsthewreckingcrew4294 Год назад

Oh a spawn book

@fasteddiep43 2 года назад

In my opinion, I will say that history repeats itself and we were just experiencing a special time in card collecting, early 70s lead up to 1975 topps which was a fan favorite and attracted many new collectors which lead to over production and terrible quality control for 76 77 78 79 along with poor rookie classes compared to a set like 75 the same thing happened in the 90s 83 led to the greatest set of the 80s and a rookie class of 85 which was stacked. Again more people buying leads to overproduction of 1987 7 million sets, and terrible years like 88 and 89. By 94 the baseball market was ruined. Poor rookie classes 94 finest 96 topps chrome, stars carried the sets not rookies. Basketball then took the rings in 92 with a crazy rookie class and the same thing kept happening. What we see today is people reacting to a change of the guard rookie class in baseball and especially football. We're in a great moment in the hobby we just don't see it yet but please be careful on how you move forward. If my theory is correct we will see overproduction of bad rookie classes which were seeing from topps now. It will only get worse. 2018 19 20 21 is the way to go football add 2017

@scoa 2 года назад

It definitely does seem like history repeats itself, with slight adjustments, over and over. I also wonder with Panini losing their football and basketball licenses soon, if that may mean they are less concerned with over production for their last couple years. I mean, what's their motivation to not just sell at much as humanly possible before they are kicked out.

@fasteddiep43 2 года назад

@@scoa I believe we definitely will see panini go crazy for sure.

@wheetie7 2 года назад

Number 1. Mike piazza had 2 rookies. You are picking a random rookie from a random set that will be forgotten because there is an ocean of every rookie card. Horrible recommendation for the comparable to day's market

@scoa 2 года назад

Appreciate the comment. You are right, there is definitely a different context. Overarching idea still holds true I think though that the 'iconic' rookie of a player doesn't necessarily translate to long-term value. I'm not actively like recommending the Ja Certified rookie, more giving it an example of a low pop count base rookie that exists within an ocean of high pop count base rookies.

@Mskedu47 2 года назад

something wrong with the sound, seems there is a high pitched sound early on

@scoa 2 года назад

Appreciate the feedback. I'm not hearing that sound though. I wonder why. I do have to filter out noise in my audio each time I make a video, so it's possible for me to miss some. But I can't hear the hissing in this one.

@Mskedu47 2 года назад

great content though, some very valuable advice

@scoa 2 года назад

@@Mskedu47 glad you got something from it!

@robinwilliams5895 2 года назад

👍

@scoa 2 года назад

😁

@alfredocamba1995 2 года назад

Fanatics gonna make junk wax look like an ideal scenario. Got some Gary Vee cards for sale only 270 - 3000 each

@scoa 2 года назад

I do love me some junk wax though. It's tough to say where Fanatics will bring things. Definitely some warning signs up in my mind so far, but I'm only cautiously pessimistic at the moment.

@nugz_cards 2 года назад

I was 500!

@scoa 2 года назад

Awesome! Phew, that was quite a climb. 500 was the first big milestone I set for this channel.

@duewhit310 2 года назад

1980s Tears for Fears 2020s charts for farts

@scoa 2 года назад

What's that mean?

@duewhit310 2 года назад

@@scoa believing in charts

@scoa 2 года назад

@@duewhit310 oh

@duewhit310 2 года назад

@@scoa who is a famous artist working for a sports card manufacturer who takes custom orders for $500,000?

@duewhit310 2 года назад

Its Just Effing Cardboard Pyramid Scheme Authorities

@duewhit310 2 года назад

Rare steak is much preferable to rare cardboard

@scoa 2 года назад

Do you collect at all? Money is just paper that represents an idea. Cards are cardboard that represent an idea. Jewels have no real inherent value, I mean gold is just basically a rock, but people give them value because of their appreciation for them. Cards are the same, I think.

@duewhit310 2 года назад

@@scoa do you see sports cards manufacturers themselves DIRECTLY selling a specific card for $1,000+ , $25,000+, $250,000+ ? The most important statistic is cost of production & distribution.

@duewhit310 2 года назад

@@scoa this whole thing is just a bubble created by 1950s boomer nostalgia Mickey mickey mickey Well now its a hideous puss bubble of undisguised GREED.

@scoa 2 года назад

@@duewhit310 what matters more than that is supply and demand. Product production cost is one thing, but it doesn't often matter to the value of something. If an artist makes s beautiful piece of art and spends $10 on material, but the thing created is highly appreciated, then someone spends way more than the production cost. If 50 million of that same piece of art is created, it's supply is way over it's demand, so it becomes super cheap to buy. It's all about supply and demand. If the demand left, cards would have no value. If there's demand (and there had been for like 100 years), then there's value.

@Retro_Fan 2 года назад

Why are you wearing a winter coat indoors? Kind of creepy.

@scoa 2 года назад

Why's it creepy? It's creepy that you find that creepy 😃. I live in the mountains, in a place where central heating almost never exists. So, when it's cold, I either wear a coat or I shiver 🥶. I prefer the coat option.

@Retro_Fan 2 года назад

@@scoa Why not move to a state that skips the shitty seasons, like Florida?

@scoa 2 года назад

@@Retro_Fan I don't actually live in the States at the moment. I'm up in the foothills of the Himalayas, in a village at about 7500 ft elevation. A little cold at times, but I like being here for now.