We delve into the price analysis of the highly sought-after Topps F1 Chrome 2020 cards featuring the portrait of each driver in Purple Parallels, numbered out of 399. By comparing sales data from June 2023 vs June 2022, we aim to provide you with valuable information on the changing values and trends within the F1 card market over the last year!
Disclaimer: The in-depth analysis provided in this overview of sales trends and valuations serves as a valuable reference for understanding the market. However, it’s important to note that Parallels have a limited supply, and as of recently within 2023, we have observed a slight rise in sale prices. It’s crucial to acknowledge that the ultimate valuation of an F1 card is determined by the lowest price at which someone is willing to sell it and the highest price a collector is willing to pay for it, given its rarity and desirability.
Analysis Conducted
We have meticulously analyzed over 400 sales within a three-month window of June 2023 and June 2022 to present you with an accurate overview of sales comps in the market. The prices in this analysis are based on sales comps from June 2023 vs June 2022 capturing a 3-month window of sales history around June of each year. The analysis has taken the average selling price of raw cards, excluding graded slabs.
Overall Trends
Analyzing the data, we observe an interesting array of trends within the Topps F1 Chrome 2022 Purple Parallels collection. While the market experienced an average 55% decrease in card values, there were a few exceptions that stood out. Notably, Lewis Hamilton’s card (Card #1) witnessed a 47% decline, while Charles Leclerc’s card (Card #4) experienced a significant drop of 77%. On the other hand, Kimi Raikkonen’s card (Card #15) showed a modest 8% increase in value.
Biggest Fallers
The cards that saw the most substantial decline in value include Lance Stroll & Nicholas Latifi with an 84% decrease, Daniil Kvyat with an 80% decrease, and Charles Leclerc with a 77% decrease. These significant drops highlight the dynamic nature of the market and the importance of staying informed as a collector.
Highest Risers
While the majority of cards experienced a decrease in value, Kimi Raikkonen’s card (Card #15) stood out with an 8% increase. This demonstrates the potential for unexpected shifts in card values and emphasizes the importance of monitoring the market closely.
Price Analysis Table of Chrome 2020 Purple Parallels
| Driver | June 2023 | June 2022 | Change (%) |
|---|---|---|---|
| Kimi Raikkonen | £65 | £60 | +8% |
| Sebastian Vettel | £60 | £100 | -40% |
| Valtteri Bottas | £31 | £55 | -44% |
| Lewis Hamilton | £580 | £1,100 | -47% |
| Max Verstappen | £450 | £950 | -53% |
| Sergio Pérez | £50 | £110 | -55% |
| Carlos Sainz | £35 | £80 | -56% |
| Alexander Albon | £45 | £110 | -59% |
| Antonio Giovinazzi | £15 | £40 | -63% |
| George Russell | £180 | £500 | -64% |
| Romain Grosjean | £18 | £55 | -67% |
| Pierre Gasly | £25 | £80 | -69% |
| Daniel Ricciardo | £40 | £130 | -69% |
| Esteban Ocon | £20 | £65 | -69% |
| Lando Norris | £90 | £345 | -74% |
| Kevin Magnussen | £15 | £60 | -75% |
| Charles Leclerc | £100 | £430 | -77% |
| Daniil Kvyat | £8 | £40 | -80% |
| Lance Stroll | £9 | £55 | -84% |
| Nicholas Latifi | £5 | £30 | -84% |
Conclusion
As the F1 card market continues to evolve, it is essential for collectors to stay informed about price trends and valuations. The Topps F1 Chrome 2020 Purple Parallels collection has shown a mixed bag of changes, with some drivers experiencing significant declines while others remain more resilient. By analyzing sales data and observing overall trends, collectors can make informed decisions about their investments and ensure the growth of their F1 card collections. We intend to provide a further analysis in 2024 of these sales trends for the Purple Parallel and based on more recent traction, we forecast higher valuations in 2024 vs 2023.
Card Images of Topps F1 Chrome 2020 Purple Parallels – Driver Portraits
