Why is the sports card industry booming?

This new wave of popularity has been fueled by social media, as the boom in interest has picked up due in large part to live breaks, or when card shop owners let buyers claim trading card packs and then watch them get opened by the store owners on Instagram live.

How big is the sports card industry?

USD 13.82 Billion
According to the publisher, the Global Sports Trading Card Market was valued at USD 13.82 Billion in 2019 and is projected to reach USD 98.75 Billion by 2027, growing at a CAGR of 23.01\% from 2020 to 2027.

Will sports cards go up in value?

Currently, the most respected and valued grader is PSA, so cards graded by them may have a higher worth. You can also buy cards raw, meaning that they do not have a grade yet. This can allow you to spend less money. By getting it graded after it is purchased, a baseball card can increase significantly in value.

Why is there a trading card shortage?

Fueled by the pandemic, there is in fact a Pokemon card shortage as many clamor to sell their cards on eBay. The demand is so great, in fact, that major retailers have halted their sales of the trading card game for fear of the safety of their staff.

Why are baseball cards so valuable?

Factors such as condition, errors, scarcity, and print variation can also impact the price and value. Most collections typically include Topps baseball cards, the leading baseball card producer, though Donruss, Fleer, and Upper Deck were also prominent brands in the early days of baseball card collecting.

Why are Pokemon cards so expensive?

Pokemon cards have become so expensive as a result of both stock shortages and scalpers. When restocks take place, scalpers are routinely quick to snap up the cards, selling them for way above their retail price. As a result of this scarcity, prices overall have increased.

How much is the sports card industry worth?

In fact, sports cards are now a $5.4 billion industry. Nguyen, who had dreamed of owning his own sports card shop, opened his business in 2020.

What are the most expensive sports trading cards?

Most Expensive Sports Trading Card Sales to Date

Why are Pokémon cards so hard to get right now?

Pokémon cards continue selling out quickly, ostensibly meaning a shortage, as supply can’t meet demand. Since the COVID-19 pandemic, Pokémon cards have seen an increase in sells and popularity. This is likely due to more people being indoors and having time to spend on their collections.

Are Mcdonald’s Pokémon cards worth anything?

Because the cards are a limited-edition run tied into the Pokémon franchise’s 25th anniversary, there is an inherent collectibility factor playing into the price of the cards. Some sealed boxes listed for resale can go for between $600 to $1,000, while individual packs are going up to anywhere from $4 to $20.