Absence of Basketball Cards in the Early 1980s...Why?
JackWESQ
Posts: 2,133 ✭✭✭
It's the 1980-81 NBA season and the league just welcomed two much hearlded rookies, one Larry Legend and one Magic Johnson. Cards are produced for the 1980-81 and 1981-82 seasons and then proof! Nothing till the 1986-87 Fleer (save for Star and Nike cards). Does anybody know what happened here? To be sure, there were popular players at the time, e.g. Bird, Magic, Kareem, Moses, McHale, Erving, etc. I'm sure some kids looked up to these guys. So I wonder why the lack of production.
Like all other things, I suspect it was just simply a matter of economics, e.g. supply and demand and there was no demand at the time. If anyone has any insights into this, I'd be interested. Thanks.
/s/ JackWESQ
Like all other things, I suspect it was just simply a matter of economics, e.g. supply and demand and there was no demand at the time. If anyone has any insights into this, I'd be interested. Thanks.
/s/ JackWESQ
0
Comments
1957 Topps PSA
1961 Fleer SGC
Topps stopped producing basketball because of the mass amount of returns!! Simply put...no one was buying basketball...it didn't matter who was in it. The 80-81 design was a FLOP...people didn't know how to make the set...people hated the panels..and the stuff was literally JUNK until late 88.
As for Fleer getting back into it...yes..in hind sight it looks like a good move...but even then the 86 set again wasn't a big hit in the hobby! At 50 cents a pack and 2 sets per box...no one was big on the stuff..until the big card boom of the late 80's.
Fact, in 1987 I had a dealer near my local college that owed me $250 for some cards that I had sold him. He didn't have the cash on hand and just about bent my arm to take 20 sets of 86 Fleer that he was stuck with. YES...$12.50 a set..."Put it in the closet, someday it's going to be good...basketball will take off like the rest!!"
He was right...it just took a couple of years..
From this same dealer, I had bought a wax case of 80-81 for $120. Again..this stuff was junk back then!!
In 1989, I sold the 80-81 case for $900 to go on spring break. I thought I was a king!! I laughed all the way to the bank....who's laughing now!!??!!
I got out of school in May...married in July..and had my 1st daughter in November....(ok math wiz's...no need to crunch numbers here..LOL)...but also opened my 1st store in November...to suppliment my income.
At that time, Fleer sets were $400. Every couple of months I sold a set. They were up to around $1100 in 94..when I closed my store...but at that time Ionly had the nicest 2 left!!
So fast forward through the years, when they were making the stuff...no one wanted it. No one wanted it for years after it's production.....no demand..no supply.
The card boom of the late 80's brought these sets to the forefront. When everything was worth something.
Sets and wax were available....but singles stunk the house out...
That was until a little company called PSA started something called the Registry....
That's when the market for sets/wax and high end singles really took off.
So in 2006 it seems like a no brainer that these sets are impotant...but in hind sight, the demand hadn't really been there until the last 10 years...more so now than ever before.
oh..and a few dozen bags in my safe too.....
1957 Topps PSA
1961 Fleer SGC
It was the SHAQ hype that peaked Topps interest again...and every other manufacturer for that matter. The printing presses ran constantly and they again joined the mass hysteria of the 90's card spike.
Even when I closed my retail in 1994, I had a monster box of 86 and 87's...probably 3200 88's...just as many 89's....and 5K from everything 1990 and after. I wholesaled the entire lot to a local dealer....$800........they were basketball....they were commons and smaller stars...but they were mint from packs...OUCH!!
The market hadn't really taken off until about 3-4 years ago anyways. 1987 Fleer boxes were $400- $450...1988 Fleer boxes were $150-200..more people wanted the 88's...better rookies!! Go figure now!! $800 and $500 respectively....
It's funny how market factors change what's what from year to year. On that note, around that time...I passed on 5 cases of 1986 Topps Baseball traded sets...$800 a case..another woops!!
As for the Star sets holding a market...people either loved them or hated them!! The people who have them made out well....these days...they are all losers do to Home Shopping selling off reprints.
ONE last factor on the late 70's through late 80's basketball. When this stuff was abundant, there was no internet!! I had droves and droves of it come in my store. Back then, if you bought a collection...you sat on it until you either sold it to someone who walked through the door...or sold it at a monthly show. You had to move one collection before you bought another...it made it tough...what happens when you had product..and your 150 customers looked through it..and no one else was out there?? IT SAT!!!
Today is like no other time! I can't seem to ever stop buying...because my selling venues are so much more abundant. Yes, I still have store customers....but even more on Ebay....email sales...online store..Ebay store..
I can now buy a collection...spend a few days or weeks listing it....and start getting my $$$ back the night it hits online.
150 customers coming through the door...why bother...with an email list of 2K people!!
Buy-list-sell...break even.....buy more-list-sell...break even...buy more more more...-list...sell...etc...etc...etc.....
Lee
I personally love that set! I have a regular and gold set here in my office.
But at the time..it was another love it...or hate it set...
BTW....took 1st in an online tourney last night...#1 out of 3436 people...if I'm not playing with one form of cards..it's another!! lol
Besides, I had nothing better to do from 1:15 am to 7:40 am this morning....6+ hours of pure enjoyment....
Lee
<< <i>Congrats on the win. Those late night tourneys are sick aren't they? "Let's see, I could sleep like I normally do, or I could stare at my computer screen for 6 straight hours and feel like hell the next day......." And it's not like you can go to sleep right afterwards anyway- Your mind is still racing because of some crazy badbeat you've taken, how you played a hand wrong, or revelling in your victory. It's pure mental torture.
Lee >>
This about sums it up. Either go to sleep, or stay up for 5 hrs and get cracked by a three outer when you're 9 places away from the money at 5:30 am. And people wonder why I try to stick to cash games...
Lee