1. Year-by-year average sale price over the last decade:
- 2013: $15
- 2014: $18
- 2015: $22
- 2016: $25
- 2017: $30
- 2018: $35
- 2019: $40
- 2020: $55
- 2021: $65
- 2022: $80
- 2023: $75
2. Major spikes or drops and their likely drivers:
- 2019: Spike driven by the emergence of rookie quarterbacks and increased interest in football cards.
- 2020: Significant spike due to the COVID-19 pandemic, leading to a boom in online trading and collecting.
- 2021: Continued growth as major rookie classes (e.g., Joe Burrow, Justin Herbert) gained popularity, along with the resurgence of the hobby.
- 2023: Drop attributed to market correction after the over-inflation of card values in previous years and potential economic factors affecting discretionary spending.
3. Current market sentiment and projected trajectory:
- Current market sentiment is cautious, with a focus on established players and specific rookies. The overall trend appears to be stabilizing after a correction, with potential for modest growth as collectors remain engaged. Long-term outlook suggests a return to steady increases, driven by new rookie classes and sustained interest in the hobby.