Are basketball cards going down in value?

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. The PSA 9 sold for $88,999 on Feb.

Are sports card prices going to drop?

Data from market aggregator Sports Card Investor shows a less drastic decline, showing that the average card is actually up 1\% in the last two weeks, but that basketball, the primary sport of COVID-era collecting, is down 5\% over that same time period.

Why are basketball cards so expensive now?

For many months, fans were unable to attend or even bet on basketball games, leaving them with more disposable cash and a desire to continue engaging with the sport however they could. With so many new fans flooding the card market, demand quickly outpaced supply, driving prices through the roof.

How do I know if my basketball cards are worth money?

You can check the list of sold items similar to your card and see the value they were of the price and the date they were sold. You can base your selling price on this and see if people might be interested in buying.

Why are rookie cards worth more?

Rookie cards are worth more than other cards of the same player because they were historically scarcer and harder to come by in top condition than cards issued later in a player’s career.

Are sports cards value going up?

Card value is spiking at unprecedented levels. In February, a Michael Jordan rookie card sold at auction for $738,000, according to CNN. Two weeks earlier, the same card sold for $215,000. That’s a 243\% value increase in only 14 days.

Are sports card prices 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.

What 90s basketball cards are worth money?

Most Valuable Cards 1990s: Kobe Bryant

• 1996 Topps Chrome Refractor (Check Price)
• 1996 Finest Gold Refractor (Check Price)
• 1997 Upper Deck Game Jersey Michael Jordan (Check Price)
• 1997 SPx Michael Jordan Die-Cut Autograph (Check Price)
• 1997 Skybox E-X2001 Michael Jordan (Check Price)

How do I find out how much my basketball card is worth?

Use MAVIN to look up your basketball card values. Enter a description of your card into the search box and see the average price it sells for online. Enter the year. Look at the back for the copyright date, or the last year of stats. Enter the brand. For example: Topps, Upper Deck, Fleer, Hoops, etc. Enter the player’s name. Enter the card number.

Which basketball cards have increased in value during the 2019-20 season?

I will provide you with a top 15 list of basketball cards that have seen the biggest increase in value during the 2019-20 basketball season. LeBron James rookie in a Topps Chrome was steady for about a year in terms of value. Beginning in the summer of 2019, the card suddenly exploded in value especially in a PSA 10 and BGS 9.5.

Where can I Sell my Old basketball cards?

Alternatively, you sell it to a local card shop, but keep in mind dealers pay wholesale prices… they have to make a profit after all, and selling a large collection takes a considerable amount of time and resources… so don’t expect to get eBay prices for your basketball cards when you sell to a dealer.

What are kids going to do with underpriced sports cards?

That’s what kids are going to do with underpriced sports cards today – it’s why they’ll be able to make a lot more money from it. Sports cards are like graduation for kids who were flipping sneakers. The investment in sports cards will eventually outpace sneakers in the flip game.