Things tend to come and go in
cycles.For example, hot and cold,Boom and Bust…And Star wars micro machines.
According to some people,there was a quite boom in Star wars micro machines when they first came out.Highly detailed little toys of vehicles such as the X- wing and the tie fighter were made.A world of entertainment in the palm of one’s hand.
As these toys gained in popularity more esoteric items were made that primarily appealed to speculative collectors.But this might add to the fun of the hobby for some people.For example metallic paint coated micro machines were made that were favored by speculative collectors.
So this was a sign then, that there was a market top to the boom in the secondary market.For example,Gold colored micro machines with certificates of authenticity were made.So some people reckoned that these gold colored collectors items would increase in value enough to pay for a college education.
But others said these gold colored ones would not increase in value. Because when those gold colored micro machines were made, it was sign of a speculative market.That is,Whatever price a seller wanted for an item, a buyer would be prepared to pay for it in the secondary market.Even while allowing for the fair profit margin of the micro machine makers.So when these items fell in price it was the sign of the return of realistic fair value to these micro machines.In other words,the boom was followed by a bust in the secondary market.
But timing these boom and busts can be problematic for Disney fans who don’t understand the workings of the boom-bust cycle in the secondary market. Because there are some fans who prefer fair value micro machines whereas there are others who will only buy the micro machines if they are expensive and rare.
Thus ultimately,Star Wars micro machines are back.If history is a guide, then there will be a boom in popularity of star wars micro machines in the secondary market.Followed by a bust in the secondary market.And timing these boom and bust cycles can be problematic for collectors who dont understand the boom bust cycle in the secondary market.