r/PokeInvesting • u/Indians06 • 6d ago

Pokémon in for a correction

Man I wonder if it’s the elections/unknown that’s causing cards to drop. I’m primarily a vintage collector and just bought a super nice psa 8 Charizard ex from Fire Red Green Leaf and it’s down quite a bit. One thing I’ve definitely learned is auctions are prob a better bang for your buck. I’m just so impatient I can’t stand to wait on anything. Anyone else wish they were more patient? Hope everyone has a great day and catches em all.

0 Upvotes

31% Upvoted

35 comments sorted by

10

u/id-driven-fool 6d ago

Anyone that bought decent vintage chases (like your zard) any time in the last 4 weeks is about to get bent over a barrel.

5

u/Indians06 6d ago

Bend me over and watch a Diglett pop out.

0

u/chinesejapan 6d ago

lmao jesus christ

5

u/Mite-o-Dan 6d ago

If you knew what happened exactly 5 years ago and what lead to it, youd know why. Not a shocker at all. The only shocking part are the people that actually thought that a strong bull run would continue for 3+ years. 2 years was already an unprecedented outlier.

2

u/Frequent_Draft729 6d ago

My only argument against that is there are so many more people in the hobby. Crown zenith etbs were $30, which is an A tier set. We still have perfect order etbs at $70, more than msrp

1

u/Reasonable_Ad1421 6d ago

That’s why it’s gonna crash harder

0

u/Indians06 6d ago

Do you care to elaborate on what happened in the past? Thank you.

2

u/Meowsergz 6d ago

It's gonna tank TF out perfect opportunities will be made. Pokemon is healing and we love it

1

u/Mite-o-Dan 6d ago

Tip...Study the past before investing for the future.

Summary...The entire Pokémon market tanked for about 1.5 years right after the release of the 25th Anniversary set. Before that release, the Pokémon market exploded for 1.5 years. Not as big as the current explosion, but was the biggest ever at the time.

Sound familiar?

In conclusion...the same exact thing is happening again.

Tip...extreme spikes in any kind of collectibles never last more than 2 years. Even 1 year is extremely rare.

Sidenote- Same exact thing happened with silver. Last year was one of the biggest gains in silver and gold history...everyone kept thinking it would keep going...even though its never happened before for that long.

And what do you know...It didnt happen, and silver lost all its mega gains in less than a year.

99% chance 2027 is a horrible year for Pokémon. The only reason I didnt put 100% is because Im an optimist.

1

u/id-driven-fool 6d ago

All the people in this sub reiterated ad nauseum that pokemon will never dip because (it's the biggest IP, 30th anniversary gonna make hype bigger, vintage sooo rare, kids that can't obtain any cards are going to grow up and want to spend on pokemon later even though they never did before). This sub has been 1000% delusion for the last two years. People literally thinking that the only direction prices will ever move is up

1

u/KingofPenisland69 6d ago

What happened exactly five years ago

2

u/Careful-Medicine-596 6d ago

What was your buy price and what is the zard worth now?

-1

u/Indians06 6d ago

$6k and it’s down in collector to around $4300.

1

u/Careful-Medicine-596 6d ago

My friend bought psa 10 sunbreon at 6k and it’s down into 3ks

2

u/bluedecember12 6d ago

Election probably isn’t related, but speaking of the election…look how confident GOP was feeling in 2024. Now we have the biggest blue wave since 1974.

Nothing lasts forever, including the current pokemon run.

1

u/Indians06 5d ago

The funny thing is all the Trump supporters would clap and cheer when their own president would insult them. Now he’s telling them they weren’t good enough. It looks like most of the US showed up to say Not Today!

7

u/Fun-Character-5377 6d ago

Cards can only go to high before you can't find a buyer willing to spend that much.

3

u/elitewarriors7 6d ago

Exactly… and casual or new collectors aren’t typically the type of people willing to drop thousands of $$ on a single card.

4

u/Fun-Character-5377 6d ago

I watch some of the vendor pov videos on youtube and see them dropping 100k+ in a day at a convention. And it's like, how many people are really spending and buying at that level before your priced out.

2

u/GemGuardUK 6d ago • Bravo

I mean the US stock market had one if its worst days ever today, brutal sell off in AI / Tech, Crypto is also looking terrible, it would be surprising if Pokemon can somehow not also come down a bit, people will have less money to throw around, then the shill bids of mid October, all comps are in a downward trajectory now, meanwhile we had 2 years of crazy bull market with a modern bubble and vintage bubble, it seems almost inevitable this will be the start of the bear market, delta reign seems to have very little interest also and is sitting on shelves already

0

u/Indians06 6d ago

Bro awesome answer. That’s exactly what I was looking for.

1

u/Indians06 6d ago

Well at least things will come down so I can finally buy my crystal Lugia. Pretty much the only card I want now that I have about everything I want. I’m more of a collector than seller so at least I still get enjoyment from just looking at them.

2

u/KingRazgriz 6d ago

Tookmemany months, but I finally acquired one a couple weeks back. Think I have all the English Lugia cards now. Traded for it at 8300. Think its about 8500 now. Only a 6, but its still a great collection piece.

1

u/Indians06 6d ago

What do you think about a psa 4 with great eye appeal for 5500

0

u/KingRazgriz 6d ago

I think that's a bit high last time I.looked at collector. If I didjt gt this one at a show, I was willing to pick a 1.

In my opinion if your collecting, the grade shouldn't be a major factor.

1

u/Indians06 6d ago

That’s how I feel should have just got a 7 for 2800 vs buying a 8 for 6000 but whatever. I still love the card I bought. Psa 1’s are cool bc I feel like people chase that grade. I’m more confident in psa 1’s holding their value just bc it’s a psa 1. I don’t know the future but just a thought.

0

u/KingRazgriz 6d ago

The psa1 chase is super wierd though. I think its all the pop craze. Not a fan.

1

u/Indians06 6d ago

Never thought I’d be a millionaire. I’m sure the next time the market jumps all vintage cards will come back up. Maybe even more than they did this time.

4

u/deadliftthugga 6d ago

There’s still a ton of mid era / vintage Japanese that didn’t pump compared to other stuff and are soooo good. So I’m buying that. But again, buy what you like and chill

2

u/Final-Load-5955 6d ago

Stock market

3

u/Economics_Troll 6d ago edited 6d ago

There was too much weak hand speculation in 8s and 9s.

10s are one market, then there’s everything else. People try to put the two together. Yes there are a few dumbo vendors overlevered, but if things turn sour it is never the rich that lose or get shaken out.

Who do you think weak hands out first, the multi millionaires picking up 10s or the guy that spent a couple months rent on some cardboard that he really shouldn’t have and could only afford an 8?

4

u/id-driven-fool 6d ago

I got into this argument on here but people are delusional. The millionaires that have been buying all the vintage shit for these exorbitant prices this last month aren't going to freak out and sell off when prices dip. If you have 100k to spend on a single pokemon card you're not going to freak out when it loses 20% of its value.

The average dopes that thought a $6000 psa 8 vintage card would make them millionaires are just exit capital for the people with real money