Why do you consider this set to be objectively bad? I’m genuinely curious and have no strong opinion one way or another. Is it the financial value of the cards? Playability? Artworks?
Steam siege is not crimson invasion or emerging powers bad, but its definitely mid. Its 6 years old now, and there are newer boxes that sell higher. The pokemon selection isn’t the best, but I do like the professor sycamore, and the Chandelure is probably my favorite.
Looking at the price for the “top” singles in the set, the most expenisve is still only $25 (Gardevoir ex). So looking at that the single vs sealed ratio for a set like this doesn’t make sense to me.
I still remember everyone trying to unload these boxes for pennies a few years back. Guess it shows how much demand there is for sealed (regardless of the actual product)!
I’m not a fan of Gardevoir by any means but I really do like the look of the secret rare/ M Gardevoir here. Those, plus the Steelix and Sycamore are on my eventual wants list.
The price of the box itself seems high compared to the potential value inside, but sealed seems to always do its own thing. Even at $300 I’m sure there are plenty of people who would buy in just to own a sealed box of the meme for fun.
Couldn’t this be a good indicator that there are still a lot of the new Pokemon “investment” folks around ?
So regarding the current market thread that was opened recently this could be an indicator that we still didn’t see the bottom ( at least for sealed product).
I’m not sure that it is possible to know what proportion of the increased demand for sealed product is driven by collector interest vs. expected resale value.
Regardless of the intent (collector or “investor”), buying behavior may look similar across both groups (e.g., low prices and “hype” appeal to both collectors and investors). Although it is tough to make generalizations about “why” the market moves, we do know “how” it moves thanks to sales data.
It may be a bad set, but the general price movements are roughly predictable for pre-2020 boxes. EP price curve data pre-2020 was a great baseline for bad sets. My models from a couple years ago had Steam Siege hitting $300ish sometime in 2021/2022. $360ish 2023/2024 (assumptions and variances on these predictions of course).
Age and scarcity can move the price of even the worst sets in a predictable way.
Let’s all keep in mind that Base Set 2 was a laughingstock and WOTC’s red-headed stepchild for years. Look at the prices of sealed Base Set 2 sealed product now.
I’m not saying Steam Siege will follow the same upward trajectory (it won’t), but I am saying that age definitely matters. Base Set 2 was looked at as a terrible set by most for a decade-and-a-half. Now it’s actually desirable for the mere fact that it’s vintage. The holo pattern being different (and admittedly really cool) doesn’t change the fact that it’s just a lame reprint set at its core.