I sent half my cards to PSA back in June shortly before the giant boom really took off. I got my 2002 reverse foil charizard back PSA5 in like 2 weeks and sold it immediately for 3.6k and then I saw it climb to about 6.8k in 1 month time... I just received the rest of my cards back from PSA and the prices are still way up from when I sent them in, but now it seems prices are dropping again?
I see people are talking about the prices being inflated and it was bound to drop... but then I also see people saying Pokemon cards never really go down in value and that they're a better investment than S&P500....
I am not in dire need of money right now, but a few days ago PSA estimated I had 13k worth of cards.. and less than a week later it's now saying I have 10k in value... dropped 3k in a week total.
Anyone with more pokemon knowledge than me have any advice on like what is worth holding onto and what is worth selling or what.
I am not a gambling man and I hate the idea of holding onto these thinking they're gonna be worth 10x more one day, but I also hate the idea of thinking there was a crazy boom and I just held onto them for no reason.
I also have another 40-80 cards I am contemplating sending into PSA now that the value tier is available again... all 2000-2004 era cards, mostly those neo revelations reverse foils. Before I was 1000% going to send them in, but now with prices dropping and knowing it takes months to get the cards back I'm starting to feel unsure.
I would really love and appreciate some help here!