Close your eyes, and let’s take a trip back to early June 2018. Things were looking peachy for Ohtani weren’t they? The Japanese Babe Ruth was on fire and so were his cards. His 2017 Bowman Mega Box rookie card saw some major growth while lurking in the shadows of his 2018 Bowman Paper RC and Chrome Autograph.
A PSA 10 example of a 2017 Bowman Mega Box Shohei Ohtani was fetching anywhere in the neighborhood of $250-350 (depending on when you were buying), and it seemed like the sky was the limit for this card!
Fast forward a day or 2 (literally) and Ohtani scared the whole card collecting world (and the Angels owner) with his elbow injury.
The 2 people we hate the most were being name dropped all over the place. You know the guys I’m talking about. We all hate Tommy and John. They are the worst aren’t they?
All the sudden, Ohtani began losing some of his luster. He went from can’t miss to can’t hold! His card prices dropped in half in just over a week.
His 2017 Bowman Mega Box PSA 10 card was being sold for $100-$150. YIKES!
I won’t sit here and act like I got in at the right time and out unscathed either because that would be a big fat lie. I actually got in rather late, and out a little too late as well. But I LOVE being wrong because I learn so much in the process.
You need to think long term when dealing with the stock market and the card market.
One of my favorite lines that my father uses is “It’s not about timing the market… It’s about time in the market”.
What that means is, if you sit there trying to buy and sell at the perfect times, more likely than not you are going to lose.
However, if you buy a solid card and hold it during what seems like it’s worst times without panicking…. it will usually recover somewhat, helping to offset some of it’s original losses (if not returning to full value or more).
Notice I say SOLID CARD. If you do this with Bowman Prospects you are more than likely going to take a bath…lose your shirt….go broke.
Ohtani on the other hand is far from a Bowman prospect. He is cut from a different cloth. I would even go out on a limb and call him a once in a generation type talent.
CUT TO THE CHASE STEPHEN!
Ok ok ok ok I’m sorry. I have a habit of rambling on sometimes.
Right now the 2017 Bowman Mega Box Ohtani in PSA 10 condition is selling for between $150 and $200. He is not performing well at all right now at the plate nor is he pitching or playing the field.
Think about it…. he is no longer a rookie, looks trash bags at the plate, isn’t pitching yet the card is still fetching $150-$200.
Here is why I would buy NOW:
- It is just a matter of time before he turns it around at the plate this year. I predict that he is going to catch fire within the next month or so, and you will begin to see a spike in this card.
- He will be pitching next year. Once this happens, all the bandwagoners will hop right back on. A 15 win 20 homer season is a recipe for MVP is it not? 🙂
CURRENT VALUE AS OF 6/4/19: $150-200
PREDICTED VALUE in 18-24 MONTHS: $350-$400
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