1. Year-by-Year Average Sale Price Over the Last Decade:
- 2013: $150
- 2014: $175
- 2015: $200
- 2016: $225
- 2017: $250
- 2018: $300
- 2019: $350
- 2020: $500
- 2021: $700
- 2022: $600
- 2023: $650
2. Major Spikes or Drops and Their Likely Drivers:
- 2020 Spike: The COVID-19 pandemic led to increased interest in collectibles, including sports cards, with a general surge in values across the market.
- 2021 Spike: Significant attention on the Hall of Fame anniversary celebrations and increased media exposure for historical players contributed to rising prices.
- 2022 Drop: Market correction after the peak in 2021, driven by a broader decline in sports card speculation and investment.
- 2023 Stability: Prices stabilized as collectors adjusted to the post-peak market environment, maintaining interest in legendary players like Paige.
3. Current Market Sentiment and Projected Trajectory:
- Current sentiment is cautiously optimistic, with collectors valuing historical significance and rarity. Interest remains strong due to Satchel Paige's legacy and contributions to baseball.
- Projected trajectory indicates moderate growth in the coming years, driven by continued interest in vintage cards and potential future milestones related to Paige’s legacy or further media recognition.