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Diecast Registry Editor's Desk |
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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 few years. It doesn't take a rocket scientist to identify the root cause. Before you go blaming the general state of the economy as the root cause, 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: In the desire to grow its market, Action Performance has, over the past few years, flodded collectors with 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
Reverse-paint cars
Retirement Announcement cars
James Dean 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
Clear cars
Cars in lunch boxes
Pit Pracitce cars
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Do I need to go on? New York Yankee cars? Monster cars? I'll bet you have doubles of the 2003 Wolf Man featured on Greg Biffle's Kleenex car.
Paging through the latest RCCA Update magazines, an observant collector will see a pleasing policy change. It seems that Action has learned that there is a ceiling for the total number of new cars produced, above which the collectible value falls dramatically. The change? Anyone noticed that Action is now producing fewer cars for each paint scheme? Case in point: Just take a look at the 1:24 Jeff Gordon Elites. Only 1008 are being produced in 2006. That's less than half of what are typically produced. For your consideration, here are the production numbers of this diecast car over the past 5 years:
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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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Clearly current leadership at RCCA has their ear to the marketplace and the courage to make changes that will enhance the long-term collectibility of 2006 NASCAR diecast. Look for this new crop of '06 diecast to hold their value much better than in the recent past. So, if you havn't bought diecast in the past few years, its time to start collecting again.
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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