AKA the Beanie Baby Effect. Everyone thought beanie babies were going to be collectibles, so everyone hoarded them and tried to keep them in good condition. The result is that they’re all basically worthless, because everyone who would want them already has them.
Yup. Baseball cards too. When I was young, an uncle would always buy me a complete set of baseball cards for that year. Well, turns out when every baseball card collector is doing the same thing, there really isn’t any scarcity. They were 60 bucks a set in the 90s and they’re 60 bucks on ebay today.
AKA the Beanie Baby Effect. Everyone thought beanie babies were going to be collectibles, so everyone hoarded them and tried to keep them in good condition. The result is that they’re all basically worthless, because everyone who would want them already has them.
Yup. Baseball cards too. When I was young, an uncle would always buy me a complete set of baseball cards for that year. Well, turns out when every baseball card collector is doing the same thing, there really isn’t any scarcity. They were 60 bucks a set in the 90s and they’re 60 bucks on ebay today.