Welcome to Trading Card Insights
Aaron Clarke
Founder & CEO at The Grading Club | Championing Trading Card Accessibility in the UK
I wanted to create this newsletter to provide a better understanding of the trading card market and help people navigate this burgeoning field. Each week, I'll discuss various aspects of the trading card market, from grading to recent high-value sales, and from the UK market to acquisitions in the space. I hope you enjoy what these articles have to offer. Please feel free to reach out with any questions!
This newsletter will cover 3 topics:
The UK Trading Card Market
According to Technavio, the sports card market is set to grow by several billion dollars in the next couple of years, with 44% of that growth coming from Europe. Trading cards are extremely popular in the US and have been a part of their culture for decades. In the UK, our experience of the industry has mostly been with Pokémon cards and stickers. Swapsies and trades were common when I was growing up; we did it for fun. In the States, trading cards have long been seen as a viable alternative asset.
Having had the fortune to attend the NSCC (the world's largest sports trading card event), it's not uncommon to see kids (aged 10-15) with card collections worth tens of thousands. It's amazing to witness. They fully understand that cards hold extrinsic value and that people are willing to pay cash for liquid cards, or for that one card needed to complete their collection or rainbow.
We're not quite there in the UK, but the market has developed significantly in the last few years. There are regular trade shows and large auction platforms available where you can buy and sell cards at the touch of a few buttons. What we lack in the UK (and Europe) is a fundamental understanding of how a market operates. We lack the knowledge of how to value cards and price them appropriately for smoother trading and selling.
It's been a learning curve, but I've witnessed the UK grow and learn over the past several years. I remember being a part of a conversation with D.J. Kazmierczak , who is the Senior VP of operations at Panini America, one of the biggest manufacturers of trading cards. He explained that Europe is around 10 years behind the US in terms of how the market operates, but that Europe has the biggest potential to accelerate the market. This conversation happened a few years ago, and so far, he's been spot on!
As a collector and a business owner in this space, I'm extremely excited to watch the growth, and 2024 is shaping up to be a pivotal year for sports trading cards. Watch this space.
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Why Do People Grade Cards?
Grading in Europe is a relatively new phenomenon. As previously mentioned, viewing trading cards as an asset is not a familiar concept for us. However, the US has been doing this for a few decades, and now the leading grader of cards is Collectors . One of their companies, PSA, is on track to grade over 13 million cards this year. But back to the main question: why do people grade cards? There are multiple reasons, but the top three reasons people use our middleman service to grade their cards are:
People in Europe are beginning to witness the power of getting their collection graded. In further newsletters, I'll dive into more detail about grading cards and where the best places are to get your cards graded and authenticated.
I hope these insights have been useful I'm looking forward to helping you understand this market. Please like, subscribe and share!
Best,
Aaron
Owner, STICK AND GO LTD.
4 个月Hello Aaron, My comment is more of a note as to what I am doing regaring Trading Cards and Stickers. I am a designer here in the UK who has developed and Patent Applied a product called, , a concept to "store and show" both cards and stickers that has never been seen before. It is aimed at the "fan market" rather than the very serious collector", in that it caters for Team Collections etc, and not individual items that are collected for investment purposes, in other words - a mass market product. I have little actual experience in this market as I am a designer, not a collector, but your report was very interesting, and has rubber stamped the huge market for our new and exciting concept which we will be introducing very soon. Thank you very much for your sharing of this info. Kind Regards, David Garrett
Helping collectibles brands create hype, build audiences & drive sales. ??
11 个月Excellent!
Business Development Manager | PayCly Merchant Services. | Payment Solutions Expert |
11 个月This sounds intriguing! Can't wait to learn more about the trading card market. Thanks for sharing!