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08-22-2012, 07:02 PM #1
Questions About The Trend In Crosby Cards
I have noticed an awful lot of Crosby Higher-end cards for sale on here, and now on eBay. The thing that concerns me is this:
1. High-end Crosby cards are now for sale in the middle of the night, they used to be all for sale when people were either at work during the day or at home after work on their computers.
2. Crosby Higher-End cards are being offered on SCF like Pez. At one time there weren't half as many on offer.
3. Crosby cards guaranteed to sell on eBay running several times and not being sold.
My question is this:
Is everyone leaving Sid? Gretzky didn't have this happen to him until about 2006. Are people unsure about Crosby being around? Looks like a lot of Crosby cards being offered.
Sure I understand that there are more and more printed with each new Issue, but seems like people are now emptying out their collections.
Give me your Feedback.
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08-22-2012, 07:07 PM #2
I think the larger problem is that everyone who has a Crosby card thinks that it should be worth a fortune. People will only overpay for cards for a certain period of time before they realize that the cards are worth as much now as they will ever be. I think we've hit that mark, there are so many nice Crosby cards available, and every collector that pulls one wants the moon for them, peoples wallets just can't keep up.
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08-22-2012, 07:14 PM #3
I think it is still about the supplies. Now with Panini in the market, you literally have way more crosby cards than before.
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08-22-2012, 07:25 PM #4
The only Crosby cards I keep looking at are the 04/05 SP Authentic redemptions, the 05/06 Young Guns and 05/06 SP Authentic FWs, and the prices on those seem to be steady. I know those aren't exactly "higher-end" but hey, that's what I see.
And it's not just "more & more" printed with each new issue, its a curse-word-TON printed with each new issue. Too much supply, not enough demand, what the last guy said.
Personally I have a UD BAP auto, a UD World of Sports Team Canada auto, and 2 or 3 lower end jersey cards, but they're pretty enough so I'm not in the market for any more Crosby...............
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08-22-2012, 07:39 PM #5
Agree 100%
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08-22-2012, 07:45 PM #6
I think the other posters have nailed it.
5 years ago, Crosby cards were selling for a ton of money. They seemed like great 'investments' (when we should all realize that for the most part - modern sports cards are not a great investment, at all, regardless of the player). You had a lot of people buying up these high end cards, thinking they'd be worth a small forture in 10, 20 , or 30 years.
Instead - with the continued release of more and more Crosby Autos, Game Used, etc - It's not all that hard to get a "high end" Crosby, and now the market just isn't there.
When you see cards selling for less than you paid a few years ago, for the same card, what do you do?? Do you hope that the value bounces back, or do you cash out now while you can still recoup some of your investment?? I think you're seeing more and more people do the later.
IMO - Crosby's Rookie Year stuff will hold most of its value. In particular, if he can string together a few seasons uninterupted by injury.... regain his perch atop the game.... it will drive demand for his RCs, and they'll do fine.
But if you want a patch / auto card of him.... if it's not also a RC.... what's the difference? Does it matter what set / year it came from, so long as the swatch and auto are nice? For most people, the answer is "no".
Myself - the only higher end Crosby card I have is a Young Guns. I pulled it from a pack, and its part of my set. I'd like to add a "better" Rookie Card to my collection (maybe a Future Watch) but I'm in no rush to do so. I'd also like to own a some kind of Auto / Patch of Crosby.... but I decided a long time ago that I would wait for years of mass production to drive the cost down, before I bought one.
It's not a lot different than autos of guys like Howe, Gretzky, or Orr. They are still big sellers, but they get much lower prices than they did 10 years ago. Why? Becuase 10 years ago there were many less on the market.
A Gretzky Auto was something on my want list for many years. I finally bought one last year, for about $120. It was form 2006 Trilogy, and is a beautiful card. I'd hazzard to guess that it would have sold for close to double that when it was new, and certainly comparable cards from the early 2000s were selling for double that when they were new. Now? You can routinley fine Greztky for under $150.... while Orr and Howe have some auto'd singles that no longer crack the $100 mark.
This is a trend you are going to continue to see more and more of.
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08-22-2012, 08:08 PM #7
It't the late 80s, early 90s happening all over again..
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08-22-2012, 08:38 PM #8
Couldn't agree more. I did a conservative estimate of both UD and Panini print runs for a new rookie card made this year. Between all 22 sets (even though Parkhurt has zero) I came up with a total of 9000 odd RC's for the SSP players like RNH, Landy, etc. produced. That's a VERY conservative estimate and not counting any non rc cards (like jerseys, autos, subset cards, etc). Couple that with the fact that we are shelling out WAAAY more money per box (for autos and game used ostensibly,) than we were in the 90's and I'm left to wonder. How far off are we from those days? If we think there are 40,000 Jagr or Brodeur RC's out there, and 9000 current RNH's (probably 15.000-20,000 Tim Erixon's) What are these cards truly going to be 'worth' in ten years?
This isn't really a bad thing for the hobbyist as these cards will eventually become more affordable, but for those seeking investment, I really fell like this will never end well for them, unless you're buying pre 1970's stuff.
I guess it kind of is a bad thing on second thought, since the true collector needs to purchase single cards from ebay instead of pulling from a pack. That's now the gambler's job.
One thing is for sure, this hobby is PACKED with gambling speculators, and if we only had those who buy to COLLECT or TRADE, and rarely sell, there would be less than half of the product produced. Double sided coin really. You wouldn't have this much quality and selection without them.
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08-22-2012, 08:51 PM #9
It's the same as you see with any top-level player. There is an instant and early demand for them, and because of limited supply the values are high accordingly.
But Sid is now entering his 8th NHL season.
He has 589 unique autographed cards.
Even if the majority of those are SSP'd to /25 or less, there are literally thousands of Sidney Crosby autographed cards on the market.
Will rookie-year issues stay at a premium? Sure.
But it is asking an awful lot of people to care about a 7th year Cup Limited Logos as much as a 2nd year Cup Limited Logos and the dollars they fetched back in the spring of 2007.
Habs fan and collector! Current PC's: Nick Suzuki, Cole Caufield, and Lane Hutson...., and of course...
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08-22-2012, 08:58 PM #10
I think that's the problem right there. Way too many autos available of him, and every other star player, as well as most living retired stars.
Even Bobby Orr is a "common" auto in Ultimate Collection...another guy whose auto prices have just crashed.
On a side note, I have a few Crosby autos for sale!
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