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1. Year-by-year average sale price over the last decade:

• 2013: $50
• 2014: $55
• 2015: $60
• 2016: $75
• 2017: $80
• 2018: $100
• 2019: $120
• 2020: $200
• 2021: $300
• 2022: $250
• 2023: $220

2. Major spikes or drops and their likely drivers:

• 2016: Spike due to the rise of basketball popularity in the global market and the emergence of star players like Stephen Curry.
• 2018: Continued growth driven by the NBA's increasing viewership and the hype around rookie classes.
• 2020: Significant spike driven by the pandemic-related surge in online trading and collecting, along with the heightened interest in basketball due to players like LeBron James and Zion Williamson.
• 2021: Peak prices attributed to the booming collectibles market and the NBA playoffs featuring high-profile matchups.
• 2022: Drop attributed to market corrections as collectors reassessed values and moved towards more stable investments.
• 2023: Continued decline influenced by economic factors and decreased speculative buying.

3. Current market sentiment and projected trajectory:

• Current sentiment is cautious, with collectors focusing on long-term value rather than short-term gains.
• Projected trajectory suggests stabilization in prices, with potential for gradual recovery as the market adjusts and new star players emerge.