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Welcome to Diecast Registry.NET, a supplemental website to Diecast Registry.com, devoted to diecast buying and selling on the internet. Our mission at DieCast Registry is to help you become a smarter diecast collector. In line with this mission, the purpose of the Diecast Registry.net website is to provide all diecast collectors (you do not have to be a Diecast Registry member to access the Diecast Registry.net website) analytical insight to current trends in the diecast collectible market. Note that, because we update the Price Guide on a wekly basis, prices referenced within this website may be different than the current market value shown in the real-time Price Guide on the DCR.com website.
| Slowdown of the NASCAR Diecast Market |
As we all know, the diecast market has performed poorly over the past several years - and even worse since 2007. It doesn't take a rocket scientist to identify the root cause. Before you go blaming the general state of the economy, think twice. Go visit Home Depot on a Saturday morning. Take a look at what antique muscle cars are selling for at the Barrett-Jackson auction. No, a poor economy is not the reason NASCAR diecast collectibles are selling at rock-bottom prices. The root cause: Diecast manufacturers have, over the past few years, flodded the market with larger and larger numbers of diecast, including special paint schemes commemorating trivial events/subjects. Come on, who really woke up this morning and said to themselves that they wanted to buy a any of the following special diecast cars?
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Happy Father's Day cars
RCR Museum Series cars
Hometown Edition cars
Happy Birthday cars
Holiday cars
Tax Deduction cars - I mean Foundation cars
Test cars
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X00 Career Start cars
XXth Career Win cars
Super Bowl cars
Endless old guy Tribute Cars
Concert cars
Wizzard of Oz cars
Pit Pracitce cars
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There was a pleasing trend from 2002 - 2004 regarding the production quantities. It seemed that the primary diecast OEM learned that there is a ceiling for the total number of new cars produced, above which the collectible value falls dramatically. Case in point, note the production quantities of the Jeff Gordon standard paint scheme Elite diecast; Diecast quantity was cut by 1/3 from 2002 to 2006. Then, in 2007, it seems that preserving the value of collectibles by way of smaller production quantities had left the radar scope of management. The change? New management. The result?
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3204 Produced
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3624 Produced
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2400 Produced
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1500 Produced
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1008 Produced
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2007 Produced
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2007 Produced
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1200 Produced
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1500 Produced
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Until production quantities fall significantly, we expect diecast collectibles to continue to be poor investments. On the bright side, if you havn't bought diecast in the past few years, you can buy them now for much less than you would have paid for them new.
Your feedback regarding this editorial is invited.
I hope that you will find Diecast Registry.net intriguing. I am confident that you will find the Diecast Registry.com website enlightening.
Enjoy the hobby.
Jim
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