Is This a Bubble or a New Hobby Era? + When to Take Profits + Front Row Card Show Report
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About this episode
The sports card market is running hot, cards are hitting prices many collectors never imagined, and suddenly a new question is creeping into the conversation: should we be getting nervous? Jeremy Lee and David Chase discuss the psychology of collecting and investing during a rapidly rising market. When a card you love is suddenly worth many times what you paid for it, when does the money become more meaningful than the card? Do you take profits, build up cash reserves and prepare for the next downturn, or hold onto the cards you bought because you genuinely wanted to own them in the first place? They also examine the difference between healthy appreciation and outright market madness, whether increased supply from collectors taking profits could contribute to the next correction, and why selling a card at today's inflated price only to buy another card at today's inflated price may not accomplish much at all. What happens when your favorite collecting lane simply becomes too expensive? Jeremy and David discuss moving between collecting lanes, buying what you actually love, the difference between collecting and investing, and why adaptability may be one of the most important traits a collector can have. The conversation eventually turns to an even bigger question: are we simply experiencing another hobby bubble, or have sports cards and collectibles reached a new level of cultural relevance that could permanently expand the market? Plus, David reports directly from the massive Front Row Card Show in Pasadena, where 770 tables, strong attendance, active buying and positive dealer sentiment offered a real-time look at the current strength of the hobby. Subscribe to Sports Cards Live on YouTube and wherever you listen to podcasts. Take the Hobby Spectrum Assessment and learn more at thehobbyspectrum.com. Discover cards across multiple auction platforms with AuctionWire at auctionwire.ai and use promo code SCL for 60 days free. Check out Card Ladder for sports card sales history, market data and research. And pick up Jeremy Lee's book, Pops and Comps: Truths, Insights, and Psychology Behind the Numbers That Drive the Sports Card Market, available on Amazon. Learn more about your ad choices. Visit megaphone.fm/adchoices
This episode is published by Sports Cards Live.
Transcript
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You're listening to this podcast, so I know you've got a curious mind. Here's a helpful fact that you may not know yet. Drivers who switch and save with Progressive save over $900 on average. They make it Zebra simple. Pop over to progressive.com, answer some questions and you'll get a quick quote with coverage options tailored to your choices. Plus you'll see which discounts you may qualify for, like the online quote discount or or savings for paying in full. In fact, 99% of Progressive Auto customers earn at least one discount. See if you could save when you switch to Progressive. You'll feel good about making a savvy choice. Visit progressive.com and see if you can enjoy a little extra cash back Progressive Casualty Insurance Company and affiliates national average 12 month savings of $946 by new customers surveyed who saved with Progressive between June 2024 and May 2025. Potential savings will vary Michael Jordan Sports Cards is a lifestyle Sports Cards and we live now Jeremy Lee in the building and every guess that you ever needed Sports cards after hours keep the hobby heated. Updates homie Talk like you never seen it Sports Cards Live and I could ever beat it Sports Cards is a lifestyle Sports cards and we live now. Welcome to another episode of Sports Cards Live with your host Jeremy Lee.
All right guys, what is going on? Welcome to episode number 327 of Sports Cards Live. It is Saturday night September 5th, 2026 and Yu-Gi-Oh my name's Jeremy Lee Guys welcome to the show. Quick announcement. I will be back here tomorrow night for the Fanatics collect weekly auction ending watch party. We will be buying a card and to give away on Thursday. This past Thursday we gave away a 1985 star Gatorade slam dunk Dr. Julie serving awesome card Fun card. A nice star card I must say we gave that one away. I'll be back tomorrow night for that. You guys and Leighton Sheldon just collect. Always buying your vintage collections. Reach out to leighton@leighton justcollect.com guys auction wire you can use promo code SCL get 60 days of free service as a trial auction wire Yu-Gi-Oh it's like all the platforms one search pretty cool stuff over there and my friends at Mint Inc. As you can see above here guys you might notice a bit of a difference. Did some interior decorating here for Sports Cards Live. We'll see how it works. But you can use promo code SCL for 5% off your first purchase. And Minting has two stores in the Greater Toronto area. If you're ever up In Toronto, in in eastern Canada above Lake Ontario slash what they're now calling Lake America is my understanding you can go visit one of the two Mint Inc. Locations. And guys, this weekend the front row card show is in Pasadena. 770 tables and their next show, San Diego. If you're going to be in the San Diego area or you live there, September 19th and 20th is the front row card show in San Diego. But go to front rowcard show.com for more dates and locations. Guys, my friend Steve, Mr. Minty as you well know because you've heard me talking about it, grading is expensive. But Mr. Minty can help you really maximize your grading $. They offer drop off concierge, PSA and BGS submissions. 100% substance free pre grading supplies, preparation, evaluation, all that. Use promo code SCL25 and you'll save 25% off@MrMinty.com guys, collector investor auctions. Their auction ends I believe. Is it tomorrow or is it next Sunday? I got. Let me just have a look. Their auction is ending. Oh, not till next Sunday. Not this, not tomorrow, but next Sunday. Collector Investor Auctions.com Go check it out. Auction ends on September 13th. And guys, grail Guard is a company built by fellow collectors who've come who we've come to know personally and and greatly respect. They offer white glove transportation for your valuable cards. One background check. Courier your card door to door. No bins, no conveyor belts, no anonymous handoffs. And you can actually follow the person carrying your card on a map and message them along the way if you need to. Grail Guard built by collectors for collectors. Check them out at Grailguard Yu-Gi-Oh and download the app in the app store. Ship your valuable cards with peace of mind. No paying your no praying that your cards will get there or that they will arrive. No praying that the box doesn't arrive empty. One person, one card, door to door. And guys, if you want to sell your cards on ebay, skip the hassle. Reach out to me. I can help you. Slab sharks@jeremy slab sharks.com Guys, we appreciate you all you subscribers, all you loyal listeners and viewers on YouTube. Thank you so much for being here each and every Saturday for six and a half years. Now let's bring on. Hey, I would check out my shirt. I got the Card Ladder Extrovert shirt. Thank you to the friends at card ladder. Yu-Gi-Oh Extrovert. Ask me about my card. Seriously, please. Yu-Gi-Oh I love talking about cards. All right guys, let's bring on Mr. And Mrs. David Chase. Hey, where's the Mrs.
You thought my wife was gonna be behind me? No, I said. Mr. I said and Mrs. You know, I'm just being silly. Starting off silly here on a Saturday and. Oh, I like. I like the silly Jeremy Lee. I like that extrovert. Huh? I would need introvert shirt. Do they. Do they only have one version? No, there's an extrovert and an introvert. Apparently they're all gone. They're all. They. They all got sold out at the. At the card ladder booth of the National. I said. When I say sell out, I mean they gave them away. So they were. They gave them all away apparently. But how are you, David? What's going on, buddy?
I'm doing well. I just came back from front row card show Pasadena, and now I'm ready for sports cards live. So Zebra excited for the show. How was. How was the front row card I just mentioned at 770 tables? How was it? Is it huge? It's huge. I mean, man, it is just so nice in Southern California to have big shows like this. I was. I went with the Mike Petty, so it was really fun to walk around with him. He's such a rock star. But it is just. It's crazy because literally, like two years ago, there were just no shows in Southern California that had any kind of vintage. And then like west coast card show and, And. And this show. And even though there is a significant amount of Pokemon and some cards I wouldn't like, they really do do a great job trying to have vintage dealers that are there. Literally every single row has like at least one or two vintage dealers, which is like, it's a surprise in this world with. But I guess just because there's so many tables at this show, vintage is represented well, which for me is. Is my jam. So I loved it.
Nice to hear. Nice to see that. Glad that you had a good time. And what was the vibe like talking to all the vendors? It was busy. The. The dealers were telling me that they were doing very well, like from the start. People were buying. So I think that it hasn't. We're still in. Well, we're still in a very aggressive time to be buying and selling cards. That has not let up. There was a lot of people there. Not like uncomfortably crowded, but, you know, because the aisles are wide and everything, so you don't really notice it as much. And it's big, right? Like, this is like two huge rooms of 770 tables. So they really. I mean, one thing about front row, they just put it on so much better than Any other card show, they just have it down and they are a machine and they make it where you're comfortable and it's easy to deal with. And you know I think Petty and I were there. I think we got there around like 10:15. We probably left around three. So I mean to go four hours, you know, four, four and a half hours to see 770 tables. We're efficient and you know, but we had a good time and the dealers were all in good mood and you know, I think that it's just for us to get a card show like this every four months it's pretty epic for 700 you're lucky to have that in your backyard. I wish I could make my way down. I will, I will. One of these shows I'm hoping to get to the Phoenix show in December. That would be a lot of fun. The stadium show in Phoenix would be great to go check it out. Let's say hello to the chat. We have a couple topics. We have Steve Menzie from the Sport Card Expo. He'll be joining us in about, about just over half an hour at 45 minutes after the hour. But let's say hello to. We got Bill Betts with us, Mr. David Chase. We've got. Chris C. Says these prices cannot last long term. The card market needs a. Needs a slow and steady growth. We tend to forget that. I've been thinking about that exact point lately and I think it, I think at the end of the like, like the way down the road 10, 15, 20 years down the road from now I think we will notice that this is just going to be another little hiccup on the overall curve as the curve tends to develop over time but I know it's hard to. It's hard to look long term when we're in times like we are right now. Good comment Chris. Brian, good evening. Bill Betts is still here. Chris says it's good to see Tim Duncan's prices starting to rise. Finally some respect. The professor. Good evening. Jacob Dahl Jim Define Mickey Minto. Ken Wood, L.G.
j. We got. Let's go. He says Duncan needs to move up more to show the respect. He needs to move up more to show the respect. What am I, I don't get. I must be missing something there about Tim Duncan. C Eddie B. First live show in a long time. Good to see you. B. Wayner your first. Oh, it's Uncle Barry. Uncle Barry who has the 195152 signed Bowman Mickey Mantle that is going live on Goldin any day now. I Believe. Welcome to the show. Uncle Barry. Good to see you. Chris says, I would much rather be baboozled than bamboozled. No doubt. Reuben Perez. Hello, Situational Adventures. Good evening to you as a. Oh, you got to meet. You got to meet. Situational Adventures today.
Yu-Gi-Oh Yu-Gi-Oh Yu-Gi-Oh We had a. We had a good time. Really, really great guy. Nice. Great to hear. Weston Warrior is new. Welcome to the show. Good to see you. Flint Hall. Good evening. Lou Rock TV in the house. What is up, Lou Rock? Boomy is here. BW says how to know when to not sell a card you really like. Not an issue ad, but I think it's a good topic. Hello, Chat. How to know when not to sell a card you really like. Oh, I mean, there's a lot, a lot going on in that. But Yu-Gi-Oh there's challenges when to buy, when to sell. Especially in a market like as hot as it is right now when there's so much going on. Any thoughts on that, David?
Yu-Gi-Oh Don't sell a car that you really like. That's my thought on it. Right. Just don't sell it. Hello, Larry Gitlin, David Cooey from Muskegon, Michigan. Hello. The 219 Jacob Whack Power packs, wax pack wisdom. Good to see you. Moloko is here. We've got, we got. Brad's Vintage is here as well. Mookie Chilson in the house. Yankees fan is here. Michael Ham, Orlando, A collector's dream. Hodges. Thank you for liking the video. We appreciate it. We've got Rob Star. What's going on, Rob? Are you making your way up to Calgary for the Calgary Expo? Rob Star. That's coming up here at September 18th to 20th in my backyard in Calgary. Guys, make sure you come out to that. You know, I mean, hop on a plane. Let's go. What's up, Terp? What's up? Brief to see. Good to see you. Savoy is here. Peeps is here. Outlaws is here. DJ QuickSilva in the house. Oh, and Moloko says Josh made a brisket today. Make sure he isn't in a food coma. Hopefully he shows up later on in the night. Hello, Jake. Welcome to the show. All right, well. Okay, David, let's. Let's talk about the market for a moment because every listen, I know everybody's talking about it, but it's. It's at a point where it. We're all thinking about it a lot. And it's to the point where. And I know I have lots of cards, David, that have done well in recent months. And you have to. I don't know if you have to, but you do start thinking about selling certain cards when they hit a certain dollar figure where those dollars are maybe more meaningful to you than the card is. And I put a reel up on Instagram just the other day. It was a clip from. I think it was a clip from maybe the hangover that we did on Tuesday or on Wednesday, but basically saying, like, I've got this card, I got this card here and it just sold for X amount of money. And I, I wouldn't sell mine for that money, but I also wouldn't go. But I also wouldn't go buy it if I didn't have it for that kind of money. It's, it's. We talk, we talked about on last week with, with, with Chris, with the whole crew at the end of the show, the endowment effect sort of thing. But it's deeper than just the endowment effect. It's the market itself. And even though, you know, the endowment effect may cause you to hold on to some cards, if you do hold on to them longer than you, maybe some people, especially those outside of the hobby, would say, you know, it's prudent for you to maybe sell this and lock in some money. I think about a card that. Let's say you bought a card for a hundred dollars. It's worth fifteen hundred dollars. You can make a hundred and fifty or fifteen hundred percent return on that. But what's. Listen, I mean, some people, it's a big deal, but it's fifteen hundred dollars going to change your life. I think that's the question that people are asking, what am I going to do with that money? Am I just gonna go blow it on other cards that I don't like as much? Or is that the card that I would go buy if I had the money? I don't know. I think a lot of people are going through these mental gymnastics right now trying to decide, do we keep the cards? And then. I'll let you speak in a second, David, because the, the next thing is, if enough people are thinking this way and enough people go and put their cards on the market, now all of a sudden there's gonna be a ton of supply and we're gonna see prices come down. And who said, oh, I was listening to a Hobby with Cage episode. And he said, he said the hobby is its own worst enemy. And I could not have agreed with him more. The hobby is it can be its own worst enemy. So because the hobby is right now talking all about the, the market and where it is and can it be sustained. And that itself, just talking about it is going to put fear in people's minds. It's that, it's that self fulfilling prophecy sort of thing. If enough people talk about it, enough people are going to scare. They're going to go list their cards, everyone's going to list their cards. All oversupply brings prices down and that could spiral and turn into a, a correction, a pullback, a decline, whatever you want to call it. What are your thoughts on all this?
I think that there's like kind of two ways to think about right now. Selling your cards. Right? I think that you can either do it for consolidation which, like, you know, like, are you going to find something better for the similar price that you're selling it for or, or maybe something that you feel like is something you love more than the price that you're able to get. Right. So I think that's a version of it. And I also think that taking a little bit of a profit and skimming a little off the top might not be the worst thing in the world. I kind of was thinking about this, I put this on Instagram. I was kind of in my mind where I am a little nervous of just me being self employed and using cash and having a cash reserve. I just feel like at this moment in time with things being at a very big high, maybe it's okay to just make sure your cash reserve is in a place.
Did I lose David Chase or am I lost? Can I get a comment from the chat please? Let me know if we are still going here. I gotta check. Oh, now you're muted, buddy. Can you hear me now? What happened there? What happened? Was that me or you? That was me. I apologize. I tapped my computer and it was annoying. Sorry, I froze. Let's go back to it. Yu-Gi-Oh so what I was just saying is like, you know, it's very tough right now in this economy where things are looking good and I just like to prepare a little bit for the negativity. Right. In case the economy goes bad, in case your job doesn't perform as well if you're a commissioned job or self employed. I think it's really nice to build up a little bit of cash in this moment in time where you're able to use your card capital for as high as they are for a couple of reasons. Like number one, if your job does poorly or number two, if the card market does take a dip. I would love to buy during the low time. And I just think in my World. I would not love to sell because I'm struggling with cash flow. So I'm kind of thinking of it in that way too. But the thing that I always think about for you, Jeremy, is, you know, you consolidated one time like out outside of needing it for cards and then you consolidate it one big time for a card. But I haven't really heard you sell very many times because the market went up because a card went up. I don't think I've ever heard you talk like that. Like, is this something in this moment in time, are you starting to think that way where you weren't before?
I'm not really thinking about selling any of my cards that have gone crazy. You're right, I'm very bad at selling at the peak. I'm very good at selling when we're in the valleys, that's been my. More of my track record is selling in the Valley. But it's not selling because I think it's the time to sell. It's selling because something's come up and I kind of need to sell some cards. That's where I want to raise capital from, let's say just for regular life. So it's, Yu-Gi-Oh it's, it's a different sort of thing that, that I don't, I don't like, I don't like selling cards from my PC unless I've fallen out of love with them. Then it's a whole other story. When I'm set up at card shows, the various expos and others. You know, it's, it's, it's, it's not cards that are in my personal collection one-of-one so it's a whole different thing. But you talked about putting away some cash reserves, selling maybe, maybe locking in some gains. But I, okay, so you lock in gains. Now you're going. And this isn't to you, it's just to the general public, let's say you sell a card now and whatever you bought it for, it doesn't really matter. If you can get 20 grand for a card and you paid 1,000 for it or you paid 18,000 for it, you're still going to get, get that 20,000. And now unless you're going to use it for your regular life, you're going to deploy it to something different. And now you're going to be, if they're cards, likely you're buying cards that are good.
Good. By good I mean, you know, blue chip like cards. And now you're buying them at the inflated price as well. So it's kind of like, it's kind of like being the real estate market, owning a house, Yu-Gi-Oh your house might go up in value, but whatever you're going to buy, unless you're really moving into a lower end neighborhood, you're actually just riding the market. You're not actually making any profit along the way until you get out once and for all. That's a different thing. So by putting away cat, you did say cash reserves in case you lose your job or the economy, something happens to the economy. If we knew that the economy was going to tank in five months, I would probably sell some cards to prepare for it. But I don't know that that's going to happen. Even though there's people are telling me it will, but I don't really believe anybody. And that might be to my detriment at the end of the day. So I don't know. I mean, you can sell, you can have cash reserves, but cash doesn't go up as fast as cards might in terms of value. You know, time value, money, inflation, all that. So is it really smart to sit on cash or if. What if you have cash right now? A lot of people I think are thinking, I've got cash right now and I want to go, yes, cards are expensive, but I want to go invest my money into those cards. And maybe I'm collecting those cards too. Hopefully you're collecting and investing at the same time and because you think that the market is going to continue to go up so you don't want to miss out like, like a lot of people have where now the cards you wanted to buy for the last three years, you can't anymore, you waited too long, they're too expensive. So I, if anything is coming through to you, David, and the audience is that I don't know what's going to happen. I don't know what to do. So what have I always done? Just one day at a time. I'm in the, I'm always in the market, I'm always buying cards, I'm always like buying and selling as far as setting up a card shows go. But. But my PC for the most part is just always getting bigger and bigger unless I'm consolidating into a Joe Jackson.
So, Yu-Gi-Oh I completely get that. And you know, there is a version of healthy games and then there's a version of madness. And that's the thing that I'm wrestling with a little bit right now. Like, you know, we have seen Jackie Robinson cards, which I'm very into, go up steadily and that Might be a madness to some people that maybe some of them have even increased by 70% in the last 12 months. But when I see something 10x in 30 days, it scares me. Right. I think that's just a little bit different than what I'm talking about as like the, the, the Ruth Gowdy card. Yu-Gi-Oh it's going up and it's higher than it was right six months ago and it was higher than it was a year ago. But for a card to go up in 30 days from a thousand to $20,000 for some of these vintage non sports cards. And even though I love vintage non sports cards and I am totally in, but I mean, can I think the Fleer is higher on those cards? I do think that if the market does take a turn, they're not going to go back down to where they were pre madness. But the, the rate of gains that just happened are crazy, Jeremy. Right? Like you're okay with this in your minds, like you're, you're not tempted to sell your 66 Batman card?
I mean, man, I bought it five years ago because I thought it was a great card. And I, and I thought that, you know, I better get it now before something happens. Now something's happened, does that mean I gotta sell it? Like I gotta sell it because I want to. Because if I want one, what am I gonna do? Go buy it? Go buy it back. If I was convinced that they were going to come down in value, maybe I would sell it now and buy it back later and Beckett the difference. That would be really smart. But it's only smart if that's what happens. I don't know that that's going to happen. I think a lot of people saying, jeremy, it's going to happen. Well, I don't know. I don't know. You know, I like owning the card. That's why, that's why I have it. So I love that it's worth 16 times what I paid for it or more. I love that about the card. I think that's awesome. It makes me like the card even a bit more because it validates the decision I made five years ago. It tells me that, Yu-Gi-Oh you were ahead of the curve. You, you knew, you knew, you had a feeling and your feeling was that was actually valid, that, that the card was going to go up in value. So while I'm proud of myself that I bought it back then, I'm not proud. Oh, good for you. I'm happy that I got it when I did. But, you know, I also had a lower grade that I bought at the national in Cleveland a couple of years ago in a PSA3. I think I bought it for 300 bucks and I think I sold it. I think I sold it at the last Toronto Expo for maybe like 700 Canadian dollars and now it's probably worth $3,000, maybe more. So I mean I'm, I'm not Zebra happy that I, that I got out of that one. But you know, I didn't buy it from. I already had a copy. David is for. David kicked his computer. All right, I'm going to go to some comments guys and we'll see what happens if David joins us again. Piccolina the Cat. Good evening to you. Cosmo says first live show. You're a show rookie. Cosmo Mania Sports Cards. Welcome to Sports Cards Live. Glad to have you. The 219 says the cat is back. Splenda is present and on the show mall because people are doing the same thing with stocks right now as well. They're always doing that with stocks though, aren't they? Reef the Sea says it is like it is, it is like a mind link every. I don't understand the comment, Malako. We cannot enjoy anything. Reef the C says I blame this on Gary Vee and that old guy Goldin Well, if you're blame, you know, if, if one or two people are, are, are to blame for our cards going up in value. I don't know. I just don't know that that's really possible. But maybe it is. Mike Ham says I was at the local show today. People do not have fear. They are buying, they're selling. And a lot of dealers are having a hard time getting inventory as it's not cycling back into the hobby. So I think what Mike Ham is saying first hand experience at the shows is that collectors buy, even investors are buying the cards and holding on to them and they're not cycling them back in to other vendors. That's. That doesn't surprise me. Mookie says a run on the Ernie Banks would crash the hobby. Moloko says I've definitely taken some nice gains and bought some things that I feel have great value long term. Like Tim Duncan. Fair. Fair. Daniel Busby says, my biggest regret is getting rid of my 2 PSA 10 Brady Downtowns in January 2025. Yikes. Yikes. Glad you guys can Foul ball. I'm at the Rose Ball, a Guns n Roses concert. Ice Cube just performed. I will be in the chat happily. Oh, foul ball. Sorry not to have you here but I'm Glad you're the Guns N Roses concert right now and still popping in here to let us know. Reef the Sea says I was selling my cards and buying silver at 30 bucks bucks an ounce. I did okay. Silver Raccoon says a volatility happens. So watching prices can often lead to letting go of your favorite card for profit. Then not finding a card with that extra money that you love as much as the card you let go. That's kind of my fear right there, Rob. Exactly that. Is that sure, I could go sell some of my cards that have done really well in recent years and I could go put some money in the bank. But what am I going to do? That money, I don't. I don't really need it for anything in my life right now. I'm managing to handle the bills. So what am I going to do? Well, what I do with the rest of my money? Go buy cards. Well, I sold the card I like. If I have a card I like it. So I'm going to sell it and have to go buy another card. That. That's not really what I want to be doing. Brad's Vintage says been downgrading cards. I never thought I would. Trading vintage nines for eights and, and buying cards that mean more to me while still having a nice copy. See, that's something I can get behind. Brad is the old, the old upgrading by downgrading. And if you're going from a, say A, a PSA 9 or a BGS 9 to an 8 and the card is as nice, maybe even nicer than the one you're giving up, then I mean, you're winning on both sides. Right? You're winning. You have a nicer card. Yu-Gi-Oh the grade might not be as high, which will, you know, upset the. The grade, the people who are drinking the grading Kool Aid and all that. But I. But you also have the money which you now go buy more cards. So I'm with you on that. Brad Situational says Shohei cards didn't seem to be moving out of cases at the front row card show today. He led this raging market prior to the goat market taking off. So maybe his lack of MVP this season will cause an overall dip. Could be. Could be. I mean that's the issue. And I put out a reel about this this past week on Instagram as well, where I basically said I'm not buying the hottest rookies, the hottest players current that are currently playing, because even a Shohei can get stale. Like in the same year where he was the hottest thing Ever almost the same quarter. Well, maybe it was Q2, but Yu-Gi-Oh that's. But listen, these are also just the regular cyclical fluctuations and volatility of the market. He could come out of the gate next season healthy and well, and his cards will just go right back up. So if you're, if you're day trading, this is something where you might want to start to play. If you're long term, you got to ride the ups and the downs. You have to have the stomach for it. Reef says, dang, I'm ripping this wax. And no Fernando Mendoza Busby says, my biggest regret is getting rid of my 2018 PSA tent. We saw that one. Ryan M. Geopolitics could see a big dive in all things that are not soccer. Reese says, I sold my son. Skeppy says, what's up, D. Chase and Jay Lee? What T shirts, Skeppy. I'm wearing the card Ladder Extrovert T shirt. Ask me about sports cards. Seriously, Please. The with the box of cards. Look at that. It's a national. It's a national shirt. Jim defines as the popular phrase hope for the best, but prefer but hope for the best but prepare for the worst probably is what he's saying, that can also result in fear growing as things get better and better. Also known as waiting for the other shoe to drop. Yu-Gi-Oh Silver Raccoon says, as a bitcoin guy, I bring that mindset to cards. I have conviction on cards and one-of-one be swayed by Topps in value. I know what I want and I keep it unless I sour on the player. Yu-Gi-Oh that makes sense to me. Silver Raccoon. I'm not swayed by 20 drops. But you know, if something were to come up in life, I needed a new roof or something. Like if a big. If a big. If I got hit by a big expense, like 15 to 50k sort of thing or more, you know, then it might, I might have to take an audit of some of the cards and take a look and say, okay, do I want to dip into savings to to cover this expense, or do I want to dip into card equity and cover that expense? And I would probably want to dig into savings versus card equity, but you never know. Oh, David Chase is now texting me. Let's see what he says. Okay. He's restarting his computer. He'll be back with us shortly. LGJ says, buy what you like, sell when you want. Yu-Gi-Oh I can get behind that. Malco says, unless you downsize your life, it does not matter as much with the gains back to that house talk. Yu-Gi-Oh I hear you. He says when I sell, I always invest in the market. At least 50 of it. Fair sell and buy gold or silver. People are saying yankees fan says I'm usually buying and so mad at how high a couple on my watch list jump. That's the big problem, right? The cards we want to buy are more expensive than they have really ever been. Boozle says what you want to do is panic. He says you want to panic in these situations. Moloko says cash is down 30 since 2020 and cards are up a million percent. Jahan says the dollar is crashing. The Swift system isn't used by a lot of the world. Oil is bought with other currencies. Most don't know this because they're not buying oil. Penny says cash is useless. All in with Jackson dirt and Mickey Mouse. Jim, there's a popular phrase, hope for the best. Prepare for though. There it is. There he corrected it. LGJ Dang. I needed to buy non sports car. Yu-Gi-Oh it's almost too late for the non sports card. Listen, do I know it's too late? Maybe not. It might be the beginning. It might be the first inning of non sports.
Who. Who really knows? I just don't know. Here. Orlando keeps it simple. If you love the card, keep it like that's. That's kind of where I'm at. That's how I'm operating. I think a lot of you guys are as well. Raccoon says I'm right about the real estate comparison. The houses in California are too high. But if you sell, you better get a moving fan. Petty was at a card show today. What'd you buy? People are asking petty, what did you buy? BW is interested in the personal collections of people who set up at shows how to juggle cards in and out. I go, great. Well, that's me. That's exactly what I do. I set up at shows. I buy and sell it shows. And I've got Beckett showcases. But it's not my personal collection and it's. I find it pretty easy to draw the line between what's my personal collection and what is my inventory. What are my. My traders, as I like to call them. Snyder is glad to be alive, but I'm bottling up my feelings lately. Well, you can. We can come lie on the couch day. We can talk about it. Brad says this is crazier than the COVID pandemic. When I look at vcp, if the sales not from the last two months, the price seems practically Irrelevant on vintage. Yu-Gi-Oh it's like comps don't even matter right now because the next comp's gonna set a higher. And that's why I think at card shows, we're likely to be. Be to be seeing sellers listing or pricing their cards at higher than recent comps, which I never have had a problem with one-of-one Let's. Let's see here. We've got. Good evening to coach Neil Bob Boozle Reef, the C. Ben Mala says I invested in gold and silver. I'm talking about for 30 years. I dumped it. I didn't do it at all. Sorry. Too long. Ben Mala there. What's up, double O's card guy? Hey, look who's there. It's Midlife Greg from Midlife Cards Show. Midlife sports cards. Midlife Car Chase. Speaking of Chase, let's bring back Mr. David Chase. He is back. Welcome back. Hey. David even smiles when he's frozen. Says Orlando. So, man, these comments. I can't go. I can't get to them all, guys. You're. Oh, my gosh, you're on fire. You're on fire. So, Dave, what were you. Were you just doing some. Some IT work or what?
Yu-Gi-Oh you know, I just felt like taking a little break while we were talking, but in reality, I have no idea. My computer just, for some reason shut off and I wouldn't turn back on for seven minutes. So. Sorry about that, everyone. Let's get back to the show. Hello, Mr. Philippelli. Welcome to the show. Desert Shield Sniper from Hong Kong, I believe, says if interest for the hobby has 10x, perhaps it's not a bubble, but that doesn't mean certain cards one-of-one crash. Was about to jump on a Cal Tucker patch auto 1 of 1. And then I saw how many parallels that there were. I think he's on to something here. I think. I think that. And I'm seeing a lot of commentary, a lot of narrative lately, David, where people are saying, you know, and people are laughing at the. At this narrative as well. They're saying, oh, the hobby thinks it's getting smarter. People are saying the hobby's getting smarter. Well, listen, we had. We had a cycle during the pandemic that hopefully we learn from. And if you learn from it, you can be smarter this time. So to make fun of the hobby for saying it's getting smarter is kind of just silly. You know, people just, you know, going on the attack sort of thing for no reason other than sport. But the proof will be in the pudding. Will the hobby get smart? And what I'm getting at is that the better cards, the better players, the important cards are likely going to be able to withstand any Downtown better than the weaker cards. Why? Because look at me, I've got a lot of cards in my collection. And if the hobby does, if we do, if we do go into a Downtown and the economy goes into a Downtown I'm going to sell cards. I'm not starting at the top of my collection, I'm starting at the bottom of my collection. I'm keeping the best cards. So I wonder if other people would do the same thing. Hello, Ted Williams. Mr. Fleer, good to see you. Jahan, welcome to the show. He says Gary Vee pumps nothing. He spoke about it five years ago. Would have been better to listen and buy than, than otherwise would. Yu-Gi-Oh I mean, if you follow, if you follow Gary Vee's advice, you probably, you'd probably be better off than you may otherwise be in certain areas. I don't know everything he's ever said, but. Yu-Gi-Oh I, I hear you. David, any comments on all, on all this, buddy?
Yu-Gi-Oh I mean, I, I, again, I just think that we all have to kind of do it our own way. And probably the best thing is just to write it out and, and keep your cards that you have. But at the same time, just the one thing that I am just nervous of is that I don't want my cash reserves to deplete enough where I feel like I have to sell some cards if the, if the timing goes bad, that's it, right? So as long as, as long as you're comfortable enough in work, your investments, everything like that, just like how I don't want to sell my stocks if the stock market takes a dip, right. So it's kind of a similar version of that where I don't want to sell my cards if they're low. And by the way, how about this thought, Jeremy? You know, there are a lot of cards over these last couple of years that have gone up in a significant way, but there are a bunch that haven't, right. Like hockey or vintage basketball or vintage football. Like, is there a thought at this point to be going into those kind of lanes a little bit more at this point that haven't gone up as much, if you're interested. The problem is, is that people too often are looking for a lane or a niche or a segment to get into for the money, for the investing. They're not looking to get into it because they love the sport, the players, the teams, the culture around it. They're looking, oh, maybe I should get into soccer because the World Cup's coming and soccer's gonna go crazy. Listen, that's fair. If you're, if you're someone who's into, if you're, Work in the market, work in the cycles, work in the seasons, go for it, buy and sell to make your money. But if you're just coming at it from the collector angle, then what do you like? You know, find something you like when. When. I mean, you and I have collected a lot over recent months. We've been talking a lot about the non sports stuff, but we have an authentic passion for it. We love this stuff. We've been into it for years. So it's like we're not finding new lanes. However, I will say that you do need to sort of find new land. I was listening to Dylan, Double D and Adam on, On the Clubhouse just last night and Dylan went on this rant I actually screen recorded. I was out of my walk because I loved his rant. But what he was saying is, you know, he, he gets kind of, it's like, listen, cards are getting expensive, you know, what move into one year, other lanes. He goes, he said somebody, he didn't say real collectors, but he said collectors collecting more than one lane. He goes, unless you're simply collecting one set, one player, one theme, then you're, you're sol. You're just out of luck. But if you're a collector who's in many lanes, when one of them gets too expensive, just veer and switch lanes, go into that other lane that you're already in and focus there where you can afford the cards. I'm doing that all the time. Buying cards for 25, 30 bucks here and there and not 25, 30,000 or 25, 30 hundred. I'm buying cards for, you know, to stay in the game, to keep me collecting. Because that's what I do. I collect cards so that, you know, if you are just a, if you're a collector, I, I don't say just a collector because even people who just collect can. Speaking of which, we got just, no, no, no pun intended with the just collect banner up there right now. But people who just collect can also invest in those cards as well. Like I collect and invest concurrently at the same time. Not all cards fit into both functions. Some of them are in both, some are in one. Very few are just in investing, many are in just collecting, and many are in both collecting and investing. But when the cards that I love, like vintage baseball, kind of hard to play in that, in that end of the pool right now they're so expensive. So I'm buying early 2000 specific hockey patches and baseball game use memorabilia, cards and that kind of lower end stuff. It's just easier, it's cheaper. So I thought that Dylan made a great point. You can complain about the prices of cards or you can go into one of your other lanes or you can find a new lane that you're actually passionate and love, you're passionate about and actually love it. And then you have to really complain about the prices of cards because you can still collect. So I know it's kind of a tough love sort of position to take, but do you, do you miss those lanes though? Can you miss the, can you, can you miss some of those lanes that got expensive? Because like for me I wasn't far enough into the vintage non sports and then a lot of those cards went up in a aggressive way and it kind of now I, I feel a little sad because I was so in on a lot of these things and I feel like I now kind of have to take a break and swerve back into something else. Do you feel like you like missed some of these lanes that you have to swerve out of?
I mean, Yu-Gi-Oh Yu-Gi-Oh there's car. Yu-Gi-Oh tons, man. Ton. There's tons of cards that I want to buy. Every Sunday when I'm looking at the Fanatics auction for the hunt and the weekly show, I am drooling. I'm drooling because there's cards I want to buy that I just can't afford. So Yu-Gi-Oh I'm, I miss it and I missed it. So half of me is like, I hope the market doesn't crash because I like my cards being worth what they are worth today. Today the other half of me says, well, if the market crashes, I'm just going to go buy all the cards that I can't afford right now and I will wait for the next run up because believe it or not, I, you know, I think and I, I believe almost with like 90 confidence that if the market we're in today does pull back, that it's going to push forward again. When's that going to be? I don't know, but I think, I think it happens. So but like Moloko says, like Moneyball says, adapt or die. I think that's a great comment. And Ted Fleer says, I don't think we're in a bubble this time. Even though some cards went nuclear, I feel we are watching his a historic Hobby era where card collecting has become part of our culture. Man, I, I, this is where I'm cautiously optimistic because I believe this too. And listen, I, I know people, Gary Vee, you know, he, he's a polarizing figure. I, I understand that, but he recently made the comment, and it made, it made sense to me where he said that, you know, sports are entering kind of like the cultural zeitgeist. And he named a whole bunch of other things that, that, not sports, sorry, collectibles. He named sports, music, travel, food, fashion, collectibles. All those things are interwoven in, into cultures around the world, the whole globe. Pretty much all those things. Again, music, travel, food, fashion, sports, collectibles. Are collectibles being, are they, have they found a way to elevate themselves into being as common, as ubiquitous as all those things I just mentioned? I, I think they might be, but I'm also, this is me being hopeful because I live for the stuff. So of course I want it to be ubiquitous in culture and society because I love this stuff. I think other people would too, and I have a lot of, you know, value in it. So of course I want to see it do well. But who knows?
Do you think that the collectible side of things are right now at a new level because we are in such a digital world? Because I just had that conversation. Yu-Gi-Oh I just had this conversation yesterday. I met up with a couple of my buddies who are not in the hobby. And, and you know, they're both like, you know, they're both, they both have big Downtown type jobs, right? And Yu-Gi-Oh one, one of them, he said, he, and they're not into the hobby. Okay. At all. But one of them, he says to me, he goes, you know, collectibles are going crazy right now. And he made the comment this, he said almost the same thing that I just mentioned, what Gary Vee said. I'm like, Gary Vee just said that. He's like, who? I'm like, okay, so, you know, he doesn't, he doesn't need to know, but he, he is saying the exact. And I said to him, why do you say that? What, what tip, what signal did you receive that makes you say that? That's what's going on. And he starts talking about all these things that we, he starts mentioning Mr. Wonderful with a big chain necklace and a card in it. He mentioned, he, he, that's out there now. And this isn't because he's friends with me. This is stuff that he is noticing. And, and he's not in the hobby at all. So I'm, I'm just stressing that because I wonder if the hobbies, and I think a lot of it does have to do with the Tom Brady stores, the Carl Anthony towns activity, Connor McDavid buying into the Tom Brady vault, Lewis Hamilton. All these things we all talk about all the time. Even Gary Vee with his immense reach on social media. Other influencers now. I mean, I. I don't know, man. I don't know. I guess only time will tell, so we'll see.
And when you're saying collectibles, I mean, you're really only talking about cards, right? Like, are other collectibles up right now? Are coins, comics, stamps, are those also up? Antiques, things like that, do you think? I have no idea. I don't follow the markets at all, but I. But I shouldn't say I have no idea. I think they are. I think some of them are because I think collectibles as a whole are doing well. I say that because of what I'm hearing. People tell me that they are. So. But I don't know myself for sure. So. Mookie. And here I thought Gary vee was pronounced Gary 5. Stupid Roman numerals.
That's a great comment. But Jahan says, Yu-Gi-Oh they're all up. So there. There you go. There you go, David. Cars as well. Cars as well. Stamps? Heck no. Says says now. Yu-Gi-Oh Bottle caps are way up. Says Dave Snyder. Hobby is bigger than sports as card fuchsias. Well, we'll see. We'll see. So. All right, well, thanks for tuning in and being a part of the sports cards live community. Don't forget to, like, subscribe and most of all, keep collecting more great content to come. Sports cards is a lifestyle.
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