I don’t knock current, just the whole pump and dump many have bought into and refuse to comprehend that they’ve been duped.
In one of these threads, I was told YG’s are solid buys, gem rate drivel, and that PSA suddenly started being more frugal with giving out 10’s compared to before the pandemic. Cup rookies are the only rookies in this sport that will have value, like it or not.
That said, hockey is a niche sport that is on par, if not lower then pro wrestling. It’s not a sport to invest in compared to baseball or certainly basketball. If a company made a set of YouTube influencers and twitch streamers those autographs of their top stars would trump those of NHL players.
Absolutely agree with the pump and dump aspect. You see so many guys’ cards (especially the YGs, commons and garbage) being sold for silly amounts, and it’s just not sustainable or reasonable.
It happens every year with new crop of rookies and the shiny-new toy syndrome. But if you look at the guys that are more established (and oftentimes better) than those rookies, and they sell for a fraction of what the rookies sell for.
That issue is across all sports though. You see something like a lamelo ball rookie selling for $70k and it just blows your mind. I think the big Zion investors are going to be up shit’s creek without a paddle sooner than later.
The hockey market is obviously small potatoes compared to basketball/football and others, but I do think it’s growing still (along with the sport in general) and there’s avenues to make big money. But as you’ve hit on, you’ve got to be very selective and smart with that (high end rare cup stuff). I think the biggest/most valuable things are the ones that there’s crossover from the collectors of other sports as that’s what they’re familiar with.
Oh and as for psa/grading in general - It’s a scam and always has been. It definitely can add value and prestige (particular the 10s), but it’s not the be all end all, and people need to focus more on actual rarity than grades.