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Thread: Fox News Report on Card Trading

  1. #1

    Fox News Report on Card Trading

    Fox News did an interesting report on sports card trading. I missed part of it. My wife called me out to see it.
    They ended the report by saying the hobby is fading out and nobody will still be collecting in 20 years.

    Rich
    Check website at: http://www.freewebs.com/traderrich/index.htm

    Mainly a set collector. Player Collections, Mark Grace, Castro/Colvin/Cashner

    Can only mail on Saturdays

  2. #2
    I always take Fox "News" with a grain of salt.
    Always collecting Oakland Raiders, New York Mets, Helena Brewers, Montana Grizzlies, and Miami Heat.
    .

  3. #3
    Missed it myself....Nobody will be collecting in 20 years?
    In Memory of Our friend and Bench moderator Randy Martin Aka fatboycards 1963 to 2011. Saturday Contest for Aaron Judge Yankees Auto RC has been posted!

  4. #4
    I'll be collecting in 20 years
    Looking for:
    YSL Game Used Jersey Cards (attempting the set)
    2001 Fleer Platinum Prime Numbers GU Patch Cards
    Rare Bagwell GU or #'d cards
    Nice Patch Cards
    Bucket:
    http://s480.photobucket.com/albums/rr169/mlbme22/

  5. #5
    Funny how some people (that do not do their homework) think that card collecting is a fad like TY Beanie Babies, slap bracelets, and friendship bracelets.

    Sports card collecting has been around for over 120 years. It has withstood 2 World Wars and the Great Depression. As long as there are sports, there will be fans wanting souviners of their favorite player. LONG LIVE COLLECTING.



    Tim

  6. #6
    I'll be collecting however long I live. Hopefully the next 30 years at least seeing as I'm 14.
    thanks,
    sam
    Alfonso Soriano Count
    Auto's: 5
    Game-Used & Patches: 35
    RC's: 5
    Base/Insert's: 26

    Derek Jeter GU/AU
    Legendary Yankee GU/AU (Some Present)
    Robinson Cano GU/AU
    1961 Topps and 07-08 Allen and Ginter N43, State's, and Base

  7. #7
    Can anybody post a link (if there is a link?)

  8. #8
    as long as there is baseball and little boys in 20 years...there will be baseball cards and little boys buying them....and their dads buying the high end stuff...lol.
    - Looking for anything of Ahmad Bradshaw!-

    ***My Ahmad Bradshaw Want List is HERE***

    Stuff For Sale on COMC:
    http://www.checkoutmycards.com/Users/mindbinge

    My Bradshaw Collection:
    http://www.bradshaw44.com

  9. #9
    Now I am going to have to watch Fox News , just to see the story.

    I don't know about anyone else, but I plan on giving my grandkids 100 years worth of sets. Now, whether it is Topps, UD, DLP, Dunkin Donuts, or Burger King, is up to the jokers running the card companies. Either way, I plan on collecting for a long time.

    And, I am taking a box of 05 Absolute Update with me when I go!
    Jflan702
    PLEASE NOTE I am only able to ship on Saturdays
    Set builder 1970 - now - Topps, Fleer (original), Donruss, Score and UD

    Collecting all Tommy John cards not listed on my Havelist at my www.
    http://s152.photobucket.com/albums/s175/jflan702/
    Please no PWE

  10. #10
    I like Fox news, but I think this report is BS. They probably talked with hobby "insiders" and obviously did not seek out "the Bench" . I actually read a report from the wal-street journal about a year ago about how the hobby will thrive as long as sports are popular.
    Quambomb
    http://www.freewebs.com/quambomb <-Click "continue to freewebs" if needed
    Discloser: I can be a picky trader

    Player Collections: Miguel Sano, Jose Berrios, L. Severino, F. Liriano, B. Revere, C. Gomez, & A. Chapman
    Set Collecting Needs: '12 Topps Heritage,'07 Bowman Heritage,'06 Flair Showcase,'07 A&G Flags of the World
    Always interested in MN Twins RCs, Prospects

  11. #11
    Collecting will always be around, but I believe that it will continue to go downhill like it has for the last several years. Each year there are fewer and fewer people collecting. Things need to change to make it a hobby for everyone again. Products keep costing more and more, and cards are holding their value less and less. Something will have to give eventually.

  12. #12
    Here is part of the report from the Fox blog.
    Notice the quote at the end about collecting in twenty years is from a collector, not someone at Fox.

    The Baseball Card Industry is in a Serious Slump
    by Claudia Cowan
    Industry experts say card sales have dropped 80% from over a billion dollars in the early 90’s to about $200-million dollars last year. The trend has caused most card makers to shut down, and where there were once 5-thousand card shops in the u-s, today there are fewer than 500. I spoke to industry insiders, retailers, distributors, and collectors to try to figure out what is causing the slide, and lots of factors play into it. Traditional collectors got into the hobby for love of the game, then, over the years, came those who saw it purely as an investment which drove up demand and prices. Half a dozen card companies produced huge quantities – which people bought up as a kind of gamble. But for most, it didn’t pay off. The weak economy, player strikes, and the steroid scandal have all driven down interest and value. A Barry Bonds card once worth 50 or 60 dollars is barely worth $15 now.

    On top of that, industry analysts say the future looks bleak because of competition from other card-based games. My son bypasses the sports cards and heads directly for the “magic” and “Pokemon” cards. If he’s interested in knowing more about the giants or a’s or a particular player’s stats – he goes online.
    It’s not that the card makers, like tops and upper deck, aren’t trying. We saw some very interesting boxes that hearken back to the days of the old tobacco baseball trading cards, using today’s players on nostalgic backdrops. A box cost about a hundred dollars, which the store manager says isn’t a bad price – problem is, he said, the companies aren’t marketing their product well enough to let people know it’s out there. Others debate that point, saying in a shrinking market, mainstream marketing dollars are increasingly hard to come by.

    The good news is – collectors are still out there – just not as many, and they’re not buying as often. We met a young man who began collecting cards with his father, and now specializes in “relic” cards that may feature a players autograph, jersey swatch, or chip of bat they’d used in a game. But there are more sellers than buyers these days, and the store, filled floor to ceiling with dusty trading cards and comic books, was mostly empty. As one collector told me, “I think we’re going to see the cards fade away. I hate to say that, but 20 years from now, people may not know what a baseball card is.”
    I use Paypal, but not Paypal "gift" to purchase goods.

    I collect:
    Corey Patterson
    Tony Gonzalez TE (K.C. Chiefs, Falcons)

    Allen & Ginter non-sport minis (2009-2011)

    Q R L K Y G W J Y M J E B R B R W Q W Q T U F J E Y B<

  13. #13
    Quote Originally Posted by jrchoholic83 View Post
    I always take Fox "News" with a grain of salt.
    Why?
    Looking For: 2005 Prime Patches GU and AUTOS,Craig Biggio, Astros, Star Players, Trade Bait.
    Set Needs: 2006 Bowman Chrome parallels-No DP or prospects
    2005/2006 Topps Turkey Red and all parallels
    Thanks
    Phototbucket-http://s178.photobucket.com/albums/w252/mark_davis05/
    Trade Page&Wants-http://www.freewebs.com/mark_davis05/

  14. #14
    Comparing the top of the market to the bottom of the market probably isn't fair. If you compare card collecting now to what it was in the 1970s, things are looking up.

    I don't doubt the market is in some level of decline. There are a lot more things competing for people's time now than there once was. I am sure that contributes to the decline of a lot of things. On the other hand, there are a lot of hobbies enthusiasts would be be giddy if their hobby had $200 million in sales in a given year.

    Mark
    I am currently taking a break from card collecting

    Mark Wing's Baseball Card Page
    Home of the Checklist Monster

    Don't like plain white envelopes? Please see How I plan to ship your cards

  15. mrmopar's Avatar
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    #15
    How can you honestly compare the 90s to now and say sales are down and consider that surprising. Yes, of course they are down. The 90s probably represented the best the market will ever see as investors and speculators drove everything up until they realized it wasn't such a great investment.

    Compare the sales numbers from before the 90s. If we have plunged below sales figures from the 80s, then we may be in trouble. I suspect things have continued to creep up from the otherwise regular levels, 90s boom numbers aside.

    However, we have certainly seen a shift from a fun hobby to something that requires a fair amount of disposable income to really enjoy the advances. Sure, you can get cheap cards still, but they don't have the same punch that 1987 Topps did when you couldn't pull an autograph, game used jersey, insert or 1/1. Before, you were thrilled to pull "The Thrill" base card. Now if it isn't numbered to 25 or less, autographed or similar it's a bad day.

    I suspect I will still collect cards for another 20+ years (as I get older, it's harder to say things like that with the same certainty I did as a 20 YO), or at least have passed them along to someone who does.
    WANTS
    (1) Steve Garvey items (2)Topps All-Rookie Team Autos

    BLOG
    http://1978theyearitallbegan.blogspot.com/

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