I’m seeing secondary markets for most everything have dropped substantially in the last 6-12 months. Wine, whiskey, watches, sport cards, etc. Anything collectible has taken a pretty big haircut, at least 30-40% in many cases. It doesn’t apply to everything and every label, but the vast majority of stuff has come way down.
Mainstream examples beyond wine:
- Rolex Batgirl - Nearing $20k last year, now barely moving for $14k
- Pappy Van Winkle 15yr - Nearing $2100 last year, now slowly moving for $1600 and trending down
- 1986 Michael Jordan Fleer PSA 10 Rookie - Sold in 2022 for $210k, now auctions getting pulled for $120k and not selling