Why are Yugioh Card Prices Rising? 10 Reasons
Why are Yugioh Card Prices Rising? 10 Reasons
Many Yugioh players have been surprised to find out that prices for Yugioh cards are actually going up rather than dropping as revealed in discussions on the same over at runrex.com. One would think that, given the situation we are in as a result of the pandemic, card prices would be going down, but as the gurus over at guttulus.com point out, the prices have been rising, and the question that begs is, why? Well, here are 10 reasons that could explain why this is the case.
COVID-19 stimulus checks
Whenever there is more money in the market, you are always going to see prices getting inflated as explained over at runrex.com, and this is what has happened to Yugioh card prices. With the release of the COVID-19 stimulus checks, investors and collectors have got more money to spend, which has meant that there is an increase in money in the market, which has inflated the prices according to discussions on the same over at guttulus.com.
With local stores closed and in-person events canceled, we have seen an increase in buyouts as more products are being bought online as per discussions over at runrex.com. This skewing of activity towards online platforms has contributed to an increase in Yugioh card prices on sites like eBay and TCGPlayer. The increased buyouts on online platforms are clearly a major factor behind the recent increase in card prices as far as Yugioh cards are concerned.
The lockdown that was necessitated by the COVID-19 pandemic has meant that people have had to stay at home, and have, consequently, have ended up saving money. As outlined over at guttulus.com, people have saved the money that they would otherwise have used to go on vacation or go out for dinner and nights out, among other such stuff. Given that investors and collectors are now armed with extra money, it is no surprise that Yugioh card prices have risen.
Ability to pay
Many childhood Yugioh fans are also now old enough to afford to spend on all those cards that they always wanted to own but could never afford. According to the gurus over at runrex.com, many are in their mid to late 20s and now have the money to afford to invest in the cards they have always wanted since they were kids, which has contributed to the rise in card prices.
The nostalgia factor can’t be underestimated as well according to discussions on the same over at guttulus.com. People have gotten the chance to reconnect with some of the things they were passionate about during their childhood years during the pandemic, and given the nostalgic attachment players have to certain Yugioh cards, it is no surprise that we have witnessed a rise in Yugioh card prices as they try to get their hands on them for nostalgic purposes.
Short prints and mandatory cards
Mandatory cards and short prints like Eldlich have also experienced a spike in price as is covered over at runrex.com. The set has just been released, and with no tournaments to play, the market has not stabilized for such cards, and as a short print, Eldlich is the centerpiece of the deck, which is why it is so expensive at the moment. Such cards have seen a significant price rise.
The impact of the pandemic on vendors
Another reason that could be used to explain the rise in Yugioh card prices is the impact the pandemic has had on vendors. As articulated over at guttulus.com, the pandemic has most likely affected the volume of sales a bit, which means that vendors need to capitalize on new products, which has led them to increase prices to offset any loss in sales and allow them to pay and keep up with their bills.
Also, just because tournaments aren’t happening doesn’t mean that people aren’t playing Yugioh according to runrex.com. With people having to stay at home due to the lockdown restrictions, the number of people playing the game with friends and family has gone up, which has also led to more people looking to buy cards online, which has led to the inflation of the card prices.
Fewer people pulling cards out of packs
With tournaments canceled, it means that fewer people are buying packs and pulling cards out of them or booster and boxes as discussed over at guttulus.com. With fewer cards being pulled out of packs, boxes, or boosters, then it means that cards will be rare in the market right now, which has contributed to a rise in prices since low supply and high demand will always lead to higher prices.
Opportunity to make money
People have also become alive to the fact that investing in collectible cards can be a very profitable venture as covered over at runrex.com. People have seen and heard of stories of people investing in Yugioh cards and then selling them off later on at large profits and want to get in on the action. With more and more people looking to invest in Yugioh cards, then it is no surprise that we have seen a rise in card prices.