What was it about the 90s and speculator bubbles?

>>88405360
Member sports cards? It's always funny going to the funny book store and hearing some guy trying to sell is worthless 90s hockey cards

>>88405360
People in the 90s only recently discovered that old rare merchandise could be mega valuable.

They didn't know about speculator bubbles, because it hadn't been a 'thing' before in applicable terms.

So everyone bought stupid shit until they were worthless, because they didn't know better.

People who buy into speculator bubbles after the 90s are real idiots.

>>88405360
I assume that the bubble happened because it'd been long enough for people to collect stupid shit like comics and toys and make a large sum selling them off. Whereas decades these markets didn't exist or weren't as known because the culture or technology of the times. So the 90s is when people had a more or less collective realization this could be done but didn't actually know how it was done so they assumed they just buy comics and sit on them. Then they all collectively realized because they were doing this is specifically why it wouldn't work.

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>>88405360

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>>88405360
>implying it was just the 90s

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>>88407380

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>>88407403

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>>88407446

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>>88407498

>>88405360
>Beanie Babies worth nothing now as they were then

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>>88407527
That's what poor people think. The real money is still in Beanies.

Though, really, this has got to be some kinda money laundering scheme run by drug dealers, right?

>>88407707
Rich white women funding rich white women.

>>88407380
It's funny how quickly people have forgotten about this. About how the entire global economy as on the brink of collapse less than a decade ago.

The whole "you have junk buried in your attic that's actually some million dollar artifact" idea was newly expanded to included useless childhood tat.

What'll be the new hot, new useless junk that's rare and collectable, /co/? Please let it be shitty graphic-tees for edgy teens from the 90s-00s. They're taking up too much space, and I could use a quick buck.

>>88407890
desu the ceramic you inherited from your grandma is worth more than your pokemon cards atm.

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>>88407890
I think I'm gonna either just sell a number of ones I got piled up as used shirts at a flea market or donate them to a clothing drive.

Hell, I got so many, most of them are lightly warn. Some of them maybe only once or twice.

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>>88407926
Naw. We got a whole generation of new Pokemon suckers thanks to that Pokemon Go game. You can convince them that these 90s cards are antiques like some rare 1940s rookie baseballs cards.

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>>88407886
And it will happen again, probably very soon

>>88407890
It's Thrash Metal t-shirts from the 80's

>>88407890
I hope it's 90s Star Wars figures. I still have monkey face Leia.

>>88407707
The only people willing to spend that much on Beanie Babies are the same people selling them at that price.

>>88407996
But some Pokemon cards are pretty expensive, specially the 90's ones, Wizard of the Coast stuff mostly.

>>88407926
What about that black lotus I got?

>>88407380
>>88405360
>>88407886

it's all reagans fault too, but peole forget to trace it back and blame him.

>tfw you just buy things because you like them and not because "they might be worth something some day"

>>88408275
This. And for people who buy action figures and keep them in the box: What's the point?

stock market is just the same thing except on a different scale, scary that there though someone tweeting something can cause a billion dollar dropoff

>>88405484

It's important to remember that pre 90's, and probably particularly pre 70's comics are always valuable even still. Not because of speculation, but because they're popular and there's not too many of them.

Like the jump is dramatic. I can get my hands on some 70's and 80's green lantern stuff in the dollar bins. But lord help you if you wants 60's or earlier.

>>88405360
The Dotcom and housing bubble were also speculator markets. A second Dotcom bubble is also forming due to tech IPOs doing horribly.

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>>88407527
>>88407707
Beanie Boos are way cooler tho, look at this cute motherfucker

>>88407403
Are people buying those with the expectation that they'll appreciate? I figured they just thought they were cool.

>>88408965
nobody things they're cool, they just think they're the hip thing to collect

>>88408169
Outside of a few extreme exceptions, even the higher-value cards don't exceed 30 bucks. Mostly Base 1st Edition (were almost all snatched up by 20-something Magic the Gathering players before kids even knew there was a Pokemon TCG), the rarest cards in the few shortprinted sets (Skyridge crystal Pokemon), and a handful of popular chase cards (Holon Phantoms Mewtwo and the gen 2 shining Pokemon).

Even then, Pokemon's most overpriced cards cost next to nothing compared to Magic or Yu-gi-oh's upper-tier cards, disregarding misprints and "only 5 of these exist" Japanese promos.

>>88405360

That was when companies catered to the collector crowd but made the fatal mistake of over-manufacturing the very things they said were collectible.

>>88407707

Those Princess Diana and most of those selling Beanie Baby auctions are frauds/false bids.

Princess Diana bears are actually quite common but people just think they're really rare. They're like the $2 bill.

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>>88407707
>The real money is still in Beanies.

It probably is.

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>your parents collect rare Hawaiian shirts with intention to make buku bucks

>>88407707
Just because they're listed as being that high doesn't mean they're actually selling.

>>88409525

Green means sold.

But the Beanie Babies that are actually valued at thousands of dollars are ones you're not likely to see on Ebay.

>>88409525
they have multiple bids so hey aren't just dead listings

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people should start buying up 10's of thousands of copies of shit like Batman #500 and feeding them into paper shredders thus making the remaining copies slightly more valuable

>>88408774
>A second Dotcom bubble is also forming due to tech IPOs doing horribly.

The opposite really. Tech IPOs doing horribly is driving people away from them.

>>88408174
Not Clinton changing banking or creating the housing bubble?

It was all Nancy Reagan?

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>>88407513

>>88409868
Part of it goes back as far as Carter.

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>>88407446

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>>88407403
>>88408965

>>88407996
do you think Moore is a good enough trainer to get Crobat?

>>88409984
thats not even worth the 3.99 its marked for

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>>88407498
I can't even find a sold auction for this, only completed ones.

>>88405360
nerds with more money than common sense, plus the rise of bulletin board servers then internet fandom interaction make hype radically faster than it was in the era of local clubs, shops, physical mailing lists, and fewer big cons.

>>88410062
Maybe.

>>88409335
I think it's because of this article from last year: http://www.dailymail.co.uk/news/article-3044622/Bude-couple-bought-Princess-Diana-Di-Beanie-Baby-boot-sale-without-knowing-value.html

kind of screwed things up because they didn't really research it. So then you end up with people thinking Princess is worth more than it should be which ends with high bids for auctions which it turn brings out everyone else to sell it thinking they'll recoup their money on it, etc etc.

>>88408965
some, but more are buying them thinking in short term resell, because there are so many "limited edition exclusives" out there

>>88405360
Lack of internet plus new intermet users distorted markets. All it took was a fuckface posting a 300 dollar auction and suddenly those baseball cards seemed worth it when they werent

>>88410116
>tfw I remember when Twisted Fate got GANGAM STYLE, FCK YEAH XD dance
Time flies fast on the Internet.

>>88405360

(faintly heard in the distance) "Fuckin' BUBBLES!!"

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>>88405484
>They didn't know about speculator bubbles, because it hadn't been a 'thing' before in applicable terms.

What? Speculator bubbles have been a thing since the 1700's and dumb-asses still fall for that shit on a regular basis.

>>88407707
>tfw you had some of the first run/ first gen Beanie Babies before they became really popular
>tfw you realize if you hadn't removed the tags you could have about $5k right now

To be fair though I still have a lot of good memories about the things, and I still have the spider.

>>88407403
Is it just me or is the quality on these things going down?

Not that they were ever super high quality in the first place, but people are reporting more and more figures that can't stand up, for example. The Overwatch funkos all have crappy paint jobs.

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>>88407446
>>88409984
>>88410069
Saw this in a four pack at a five dollar and under store.

>>88410001
I live near Harrison's. Shoulda grabbed one of those. I didn't originally hate those Pops.

>>88405576
>ebay-1995
>advertises an event for June 2003

you're a phoney

>>88413482
They're rushing out too much stuff in the last few months.

>>88413456
Are they really worth anything? Didn't they make countless jokes in sitcoms about them not being and everybody else who collected them spent money on an over produced product, making it not worth due to being plentiful?

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>>88413007

>>88409029
Meanwhile on the MtG front I knew some people who had a complete beta set, they sold it and bought a house. Pokemon card prices just can't compare.

>>88409335
>fatal mistake of over-manufacturing
Thats the fatal normal life cycle of production

>hey tuna sell and we get a payload of money
>lets fish more
>He got rich through tuna selling. i can do that too.

Suddenly the market is flooded with tuna. And now its cheap.
If the product isnt limited by ressources, it will never rise in prices.

I feel bad for comics fans who aren't taking advantage of the bottom falling out of the back issue markets.

>tfw I regularly buy awesome 80s Marvel, DC, and even indy stuff for a dollar an issue.
>tfw getting even better bargains on bulk purchases in long boxes

>>88408965
I buy them because I like them. I have almost all the Princesses except Snow White since she went out of print before I started collecting them. Because of speculators I can only get her for stupid fucking prices so I am waiting for a new version to be released like they did recently for a few of the other Princesses.

>>88408171
Depends what version and condition it's in. It could go from like 200$ to 30k

>>88409868
It was a group effort by the Republicrat party.

>>88417368
Place I go to has at least 50% off back issues every day. Can get some sweeeet sweet shit for about a dollar. Looking forward to browsing today.

>>88405484
Not really. Comics had been increasing in value since the 60s, collectibles existed for a reason. Toys from the 80s were increasing in value, etc.

What changed is production. Companies started producing a lot more, which flooded the market and drove collector prices down.

But, in the long run, comics (and toys) are perishable goods. The reason an Action Comics is worth a lot is because not only is it rare, but also people want it. On a long enough timeline, copies of Death of Superman will filter out of circulation (through wear/use/damage) and that will cause the price to go up, barring DC reprints.

>>88413791
The original nine are still worth about 500 bucks each, but they were retired before the collector buzz happened. Most of the other high-value Beanie Babies are rare-as-shit "only 200 of these were made" promotions for specific events.

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>>88405484
I always get a chuckle when I see brand new comics CGC graded

>>88409868
A big part of it was because the bankers found an equation for roughly infinite money so long as you get paid back. The problem was that those idiots were so focused on the infinite money aspect of it that they started loaning out to people that couldn't pay them back.
This wouldn't have gotten so big if there had been somebody around to actually stop them.

TLDR it's almost like there need to be regulations to prevent stupid shit from happening.

>>88419308
You can thank Clinton for repealing Dodd Frank and Bush and Obama for bailing the retards out and calling it a stimulus.

>>88418540
You won't be chuckling when he flips this issue for a mint 75 cents in 30 years.

>>88419397
>for bailing the retards out
Yes, it would have been much better to let the entire economy collapse.

>>88419890
Not that anon but I'd have liked for some of the cash to be diverted to the people being fucked over instead of the ones screwing things up or at the very least make the bankers actually have to shoulder a more proper debt for all the money they just got given. They should not still be in billion dollar homes after losing that much money.

The fact that they had the gall to demand more money after shoving much of it into their own personal salaries almost immediately was sickening

>>88418540
What's it take to get a perfect score? Is it even possible if they were grading a comic fresh off the press?

>>88420568
Perfect score would mean perfect condition. Every corner would be nicely cut, the spine tight with no little flaky pieces coming off the top or bottom, no ink coming off the spine. No creases along the spine at all. Staples perfectly centered.

Fresh off the press is more likely than after being shipped to Diamond, repacked and shipped to a retailer.

>>88420568

even mtg cards fresh out the pack don't normally get a 10 rating due to issues with the printing marking the surface.

it's mostly luck depending on who grades the product.

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>>88420568
It's not really hard to find examples of perfect scores.

>>88413386
Deep cuts bro.
Never forget the big tulip crash.

>>88419308
>TLDR it's almost like there need to be regulations to prevent stupid shit from happening.

AAAAAAAAAAAAA NO REGULATIONS ON BUSINESSES YOU COMMUNIST AAAAAAAAAAAAAAAAAAAAAAAAAAA

>>88409911
FUKKIN NOICE

>>88407996
>a whole generation of new Pokemon suckers
Naa.
They don't give a shit. It was a fad that lasted one summer.

>>88408174
Reagan banned head shops which in turn ruined alternative comix distribution and lead to diamond and comic shops being the only game in town.
Comics survived in a tiny pond in the USA economic ecosystem.

Many of those comic shops had baseball card collectibles as money makers.

It was just a logical step to move that collectors market to comics.

>>88421581
ANARCHO CAPITALISM WILL SOLVE ALL ITS OWN PROBLEMS JUST HAVE FAITH IN YOUR CORPORATE GODS