According to Verified Market Research, the global sports card trading market was estimated at $13.83 billion in 2019 and is projected to reach $98.75 billion by 2027. This would represent a compounded annual growth rate of 23.01% from 2020 to 2027. The first producers of sports cards were tobacco companies so adults were mainly collecting them. For 28-year-old Vahe Hekimian, collecting sports cards started as a hobby that morphed into his main source of income.
Later in the day, in London and Hong Kong, PCCW issued statements saying it had made a preliminary takeover approach to C&W in a letter at the end of 2002. Li told the Sunday Times newspaper that PCCW would not launch a hostile bid for C&W but that the two companies could work together to enhance shareholders’ value. In March the same year Richard Li’s private company Pacific Century Group won a controversial land deal, acquiring valuable waterfront real estate from the government without any public auction bids. The Hong Kong government, under chief executive Tung Chee Hwa, gave away the land to his new high-tech residential and commercial venture called Cyberport. In early 2003, Business eSolutions entered a contract to provide services for Bank of China’s credit-card back office processing system in China.
There are thousands of graded cards, wax boxes, memorabilia, comics, and video games – all with extended bidding and 0% buyers’ premium. Trading cards, especially sports trading cards, can be a tool used by investors to help them achieve greater asset diversification. The asset class is high risk but can offer above-average returns relative to typical equities markets. Pwcc, the largest trading card marketplace in the world, is morris the cat was made famous by what brand of cat food? committed to providing the best resources for buying, selling, analyzing, storing, and digitizing your trading card assets. 8 4PWCC Marketplace
“From the 1990s up to present day, the cards we see are predominantly those that are produced and sold in their own right as collectables. We could argue that today is the age of the ‘trading card’ as cards are seldom issued with other products anymore”. I’m pretty sure I’m not sitting on any $5 million cards,” said Brad Chase, an avid card collector.
Business eSolutions division formed a venture with China Telecom to provide IT solutions to major business organisations in 2002. This was in addition to PCCW’s PCITC alliance with Sinopec, formed to serve Sinopec plus other players in China’s petrochemical sector. The division also contributed to the new Hong Kong Identity Card system in 2003. Please help improve it by removing promotional content and inappropriate external links, and by adding encyclopedic content written from a neutral point of view. For additional context, the PSA 9 vs PSA 8 premiums are also provided in Figure 7 below. The size of the PSA 9 vs PSA 8 premium has been vacillating since 2017 with no discernable trend emerging.
Even at the lower end of the top 100, the bottom 10 cards have an average price of almost $6K with the lowest being ~$4K. Based on the market forecasts set out above, we expect the trading card market to grow and present unique opportunities moving forward for investors looking for an uncorrelated alternative asset class. Interestingly, per Figure 7, the size of the Perfection Premium was on a downward trajectory, shrinking from 2017 to 2020 but surging in 2021 to its trailing 5 year high. This would seem to imply that, in conjunction with the recent market surge, investors were signaling a preference for trading card assets if they carried a PSA Gem Mint 10 grade as opposed to a PSA Mint 9 grade. As mentioned before, trading cards’ market has seen a considerable growth since the emergence of the covid-19 pandemic. All the major sectors such as Basketball and Baseball and Pokemon and Yu-gi-oh , saw their cards’ price grow, mainly due to people’s need for a new hobby during lockdown, a need that drove them to check their basements and open their old collections.
Given the current popularity of sports in the United States, I would expect more basketball and football cards appearing in the PWCC Indices in the future. Th, the night following the final closing, the Monthly Auction will feature a ‘Round 2’ to auction any duplicate cards. This second round will take place each month the day after the closing of the first round. The Monthly Auction has already garnered confidence from the market pre-launch, enabling PWCC to offer the most cards that the company has ever offered in an auction.