Collectibles are a vital activity for other people to sell sports souvenirs, toys, and other high-demand pieces on e-commerce sites.

eBay is a leader in the global collectibles market, which was valued at $412 billion in 2021 and is expected to reach $692 billion through 2032, according to a market decipher study.

Bob Means, eBay’s director of collectible cards, told Insider that expecting collectibles that are popular has a lot to do with being in tune with existing occasions and pop culture.

“One of the desirable things about eBay is that it’s similar to some kind of component of the cultural spirit at some point,” Means said.

For example, Means said the biggest interest in coveted sports cards in the early months of the pandemic stemmed from Michael Jordan’s documentary “The Last Dance” and the tragic death of Kobe Bryant.

“Anyone 40 and older has seen Jordan play and remembered his greatness with this documentary,” Means said. “Michael Jordan’s generation was the one that saw Kobe play. “

The company said the collectible card category accounted for more than $2 billion in gross product volume, or the total price of products sold, on eBay in 2020. He said that in the first part of 2021, an average of two business cards sold each and every moment on eBay.

“The other thing that’s vital about collectibles is that it’s super fun when we have a $2. 3 million Tom Brady card sale or a $800,000 George Mikan sale, but collectibles are independent trips,” Means said.

The company said sales of sports ticket stubs, a category of sports memorabilia, rose as much as 60 percent in 2021, with registration costs growing more than 65 percent.

Comics and toys are other investment opportunities for resellers on the platform. The company said gross volume of toy products on eBay increased 48% in 2021, while for comedians, it increased by 66%. eBay said more than 63,000 new comedy rosters were added to its market every day in the current part of 2021.

This means that coins may be offering an even more intriguing opportunity for creditors, although creditors of coins buying and selling must take into account things like the current value of gold and silver and the age of the currency, which can have effects on the cost of a currency’s secondary market. The company said the overall financial cost of coins sold on eBay rose as much as 30% in 2021.

“A lot of those coins are also based on bullion. They can be silver, they can be gold, they can be platinum,” Means said. and the ounce rate you think you can get later. “

eBay continues to sell resources on its collectible marketplace. Recently, the company began authenticating collectible cards over $350. On its Investor Day in March, it revealed plans to open a “safe” that will buy physical and virtual collectibles like NFT later this year. .

Means said that while reselling for massive profits necessarily in the minds of top listers on eBay, some are in the market to exploit the perceived shortage of an item.

“I think there are other people who are looking for a monetary opportunity,” Means said. “These other people are just going to exist. “

Outdoor resellers in the area of hardcore collectibles who buy pieces because “it’s vital to them from a hobby perspective,” Means said.