>>53065948Investors are driving up the value. But that doesn't mean there isn't demand outside the investors (I know I'm talking like I invested, but I just bought the cards I really liked but am also aware that they'll likely grow in value too). And as long as there's demand and limited supply, the value will stay high and go up over time. Especially if the investors don't liquidate. Because them cornering a chunk of the supply just assures value will stay high. Even if a few do end up selling. There more than likely won't be another big bubble like the covid bubble, but there will still likely be another smaller spike down the line when currently young collectors start earning extra revenue.
But really, I think the value is going to be in ungraded modern NM. There are going to be so many people trying to sell large numbers of 9/10 graded slabs down the road at 5x their value that the average buyer will happily pay 15% less to get a well preserved and showcased NM ungraded version they could just grade themselves. Which means the ungraded NM seller may not get as much return per card, but they will much more frequently and consistently be selling cards and making returns. Which means if the ungraded NM sellers have the right cards they'll actually make more in the end. The graded mint sellers will have to get luckier by finding a buyer to get their slabs in bulk, or invest in a middleman to auction or promote their product which already cuts into their profits.
