The Great Recession's effect on collectables illustrates Supply and Demand principals. When in demand, values stay higher. When supply is excessive, value declines.
Coins Continue Collecting Value
Jared Fields reports that coin collecting is still strong. “The hobby is not one that loses money.”
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Baseball Hits Fewer Home Runs
“High-end baseball memorabilia pieces are maintaining their value, and selling, even in the tough economy,” writes Dieter Kurtenbach, but “sports cards, despite being the simplest and most accessible form of memorabilia, has been the area hardest hit by the economic downturn.” Interestingly, “baseball’s Steroids Era has also affected the baseball memorabilia market.” Likewise, “expensive team jackets often have a hard time getting off the bench,” reports George Castle. Castle concludes: “sales are down overall, but older collectors will still pay around $100 for a 1930s or 1940s scorecard in good condition.”
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Not Funny When Comics Don’t Pay
“Few comics from the past two decades have much value. If they do, we're talking a few bucks,” Nancy Crawley learned while trying to sell a small stash. And Jesse Kates tells why: “Today's comics are published in enormous quantities. A typical issue of The Amazing Spider Man will have a print run between 300,000 and 500,000 copies.
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