👋 New here? Read up on our past Sports Cards issues to get the most from this post.
📅 July 6, 2022 | 📖 ± 4 minutes
- 2022 has been awful for sports cards so far
- Which sectors are still hot in the downturn?
- Hand-picked investment opportunities
Table of Contents
Sports Cards in 2022
We’re halfway through 2022. How are sports cards doing?
I hope you like the colour red.
Unfortunately, I think it’s going to get worse. Have a look at the CardLadder 50 index. Nothing about this says “I’m done going down.”
For mean reversion to come full swing, we’ve got another 30% to go before we trace back to historic norms. Bear in mind there’s a recession coming, so it could be even more.
Fractional markets are looking even worse, down 23% on the year.
That said, there are some incredibly underpriced sports cards on all these platforms right now.
Fractional secondary markets
All that said, last week wasn’t too bad for sports cards. Basically flat on fractional markets and down around 1% over on CardLadder.
Assets dropping on marketplaces
‘09 Topps Gold RC PSA 10 #’d /2009 Stephen Curry
Goldin’s monthly auction is live with a lot of the usual stuff but no real standout pieces from a value point of view. There’s something beautiful about uncut sheets, though, and they’ve got lots of them. I could frame these and look at them for hours.
There’s also a well-presented PSA 2 Alifabolaget Pele rookie card available. Vintage football (soccer) is one of the few subsets that have done well in 2022, and I’ll be keeping an eye on this one. There’s also a less desirable 1958 Aquarela rookie graded PSA 4 on offer. You can get the rest of the set as well if you’re a completist.
If you’re looking to invest in a Pele rookie but don’t have as much cash to splash, a PSA 1 graded 1958 Aquarela Pele is available on eBay right now. For me, it presents much better than PSA 1. The auction ends Wednesday.
For those of you who are into F1 and looking for opportunities beyond Lewis Hamilton and Max Verstappen, consider Carlos Sainz. He won his first race last week at the British GP, and he’s looking good at 4th on the F1 leaderboard with six podiums — only Verstappen has more.
He’s getting more popular as well based on Google search traffic.
That’s all for this week.
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