1. Year-by-year average sale price over the last decade:
- 2014: $120
- 2015: $250
- 2016: $300
- 2017: $350
- 2018: $400
- 2019: $450
- 2020: $600
- 2021: $800
- 2022: $750
- 2023: $700
2. Major spikes or drops and their likely drivers:
- 2015-2016: Initial release and hype around the product led to increased prices as collectors sought the card.
- 2020: Significant spike due to the pandemic-driven boom in sports card collecting, with increased interest in high-end products.
- 2021: Continued growth as collectors invested heavily in sports cards, driven by rising popularity of the hobby and athlete marketability.
- 2022: Price drop attributed to market correction as speculation cooled and supply chain issues affected new product releases.
- 2023: Stabilization and slight decline as collectors reassess value amidst economic uncertainty and changing market dynamics.
3. Current market sentiment and projected trajectory:
- Current sentiment is cautiously optimistic, with collectors still valuing high-end cards, though some are wary of over-speculation.
- Projected trajectory indicates a potential stabilization in prices with gradual growth as long-term collectors remain active, though short-term fluctuations may occur.