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 Oz Jensen 

Sport Collectable Boom 

     Since the Covid-19 pandemic and ensuing lockdowns last March, most industries have been struggling to reach anywhere near the amount of success that they had earned before the pandemic. However this has not been true of every industry. The sports collectable market was booming before and as of late .

Trading cards have far outperformed the S&P 500 over the last 12 years - Axios

Sport cards in blue S&P 500 in Red 

According to Forbes, for much of the last 3 years, the 500 most popular sports cards have been worth more than the S&P 500 (The top 500 stocks). This has led to more potential buyers who may not be into sports yet are looking to make good investments.  

The appeal of buying a card as opposed to a stock could be pretty simple, especially for those who enjoy sports. Instead of just watching a number, a customer gets something they can hold, look at, and display, while they hope the price rises. 

This year a PSA 9 (rated 1-10 on appearance) Mickey Mantle card for which there are 6 of, sold for a shocking record of $5.2 Million earlier this year, shattering the $3.94 Million record held by a one of one Mike Trout rookie card

1952 Topps Mickey Mantle Baseball Card Sells for Almost $3 Million

While sports cards are undoubtedly the safest, and most profitable investment in sports collecting however, over the last couple of weeks it has not been the hottest. The title of hottest sports collectable would go to NBA topshot, a type of digital collectable where customers can open online packs that contain highlights in them, which can be sold in the marketplace at anytime 

Topshot has been around since July 2019, and already there has been over $200 Million of sales with much of that coming the last couple of months. Including $46 million in one 24 hour period. 

The priciest moments include a “Lebron James cosmic dunk” for $208,000, a Zion Williamson block for $100,000, as well as two other Lebron plays for $100,000

While these prices may seem crazy, if Topshot can continue to stay on the path it is on, there is a chance it can captivate some of the same people trying to invest in baseball cards, and if it does those investments may be seen as crazy steals in a few years.

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