Chasing Majors - Are Sports Cards a Good Investment in 2024 (2024)

FAQs

Chasing Majors - Are Sports Cards a Good Investment in 2024? ›

Trading cards featuring legendary players in impeccable condition tend to accrue substantially more value over the years. By adopting a buy-and-hold strategy, collectors can potentially capitalize on the nostalgia associated with these timeless collectibles.

The bottom line is that few hobby experts feel that the value of vintage sports cards will appreciate in the near future. Hopefully the tradition of the hobby will bring in enough new collectors to keep that price from declining too far.

The Global Sports Trading Cards Market Size is Anticipated to Exceed USD 27,584.82 Million by 2033, Growing at a CAGR of 7.83% from 2023 to 2033.

The Future of the Sports Card Market in 2024

The decline observed in 2023, while significant, sets the stage for a potential resurgence fueled by technological innovation, changing collector demographics, and a broadening of the market's base.

This is why selling and buying sports cards is challenging but also fun. For example, the best time to sell NFL football cards is during the months of September through January the next year. Then, best time to sell your MLB cards would be starting with April and up to October.

New York, United States, April 22, 2024 (GLOBE NEWSWIRE) -- The Global Sports Trading Cards Market Size is to Grow from USD 12,983.53 Million in 2023 to USD 27,584.82 Million by 2033, at a Compound Annual Growth Rate (CAGR) of 7.83% during the projected period.

What is the market size of Sports Trading Card Market? Sports Trading Card Market size was valued at USD 8.58 Billion in 2022 and is poised to grow from USD 10.17 Billion in 2023 to USD 39.53 Billion by 2031, growing at a CAGR of 18.5% in the forecast period (2024-2031).

Card values can fluctuate, and a lack of tangible value for them can make card investing risky. Diversifying your collection is also a must. For example, if you were to only invest in one series of baseball cards, and they fall out of favor, that would be akin to putting all your eggs in one basket.

While some people may see baseball cards as mere child's play, the U.S. sports card industry is estimated to be a US$12 billion market. Since the COVID-19 pandemic, there's been a surge in interest. Moving forward, Fanatics will have near monopoly control over a large chunk of that market.

Are people buying sports cards? ›

Are baseball cards still a thing? Yup, it may not be a big hobby as it use to be but people still do buy them and collect them.

The sports cards industry, once considered a nostalgic relic of the past, has seen a remarkable resurgence in recent years. Fuelled by a combination of nostalgia, investment potential, and the rise of digital platforms, sports cards are making a comeback.

Notable Price Declines: Resale prices for certain products have noticeably dropped, partly due to over-hyping by sellers and the involvement of hobby influencers, impacting the perceived value of the cards.

When considering sports cards as a long-term investment, it's essential to focus on iconic or historically significant players. Trading cards featuring legendary players in impeccable condition tend to accrue substantially more value over the years.

Because so many baseball cards were printed between roughly 1987 and 1993, the values plummeted significantly. However, the prices for gem mint condition examples have slowly increased with recent grading companies such as PSA, BGS, and SGC giving grades to cards.

It is still a robust hobby. However, baseball cards will NEVER be a good investment. If you aren't collecting them because you enjoy them then don't even look at them.