The late 1980s were the peak of the baseball card bubble, with massive production numbers flooding the market and driving prices down. This era from 1987-1994 is often referred to as the “junk wax era” by collectors, as the sheer numbers printed made individual cards seem nearly worthless. Even within the junk wax era there are certain standout cards that have retained value better than others. While they may not be worth a fortune, some junk wax cards from this period are still regarded highly by collectors today.
One of the most iconic and sought-after junk wax cards is the Ken Griffey Jr. rookie card from 1989 Upper Deck. Griffey was already one of the game’s brightest young stars by 1989 and his rookie card was the very first issued by the then-new Upper Deck company. While production numbers were high at around 1.8 million copies, Griffey’s star power and the card being the first Upper Deck kept demand high. Today a pristine Griffey rookie in a PSA 10 gem mint grade can fetch over $1000, far higher than any other 1989 card. Even well-worn raw copies still sell for $20-50 due to Griffey’s enduring popularity.
Another rookie card that holds up well is the Barry Bonds rookie from 1986 Topps. Bonds went on to have one of the greatest careers in MLB history and his rookie is the only card many collectors have from his Pittsburgh Pirates days before steroid allegations tainted his legacy. The 1986 Topps set had massive production but Bonds rookies still sell for $10-30 even in played condition thanks to his iconic status. Higher grades can reach $100-200.
Two of the most aesthetically pleasing and visually iconic junk wax cards are the Nolan Ryan and Ozzie Smith 1991 Studio cards. This was one of the first years for ultra-modern photographic technology in cards and the close-up portraits of Ryan and Smith are just classic images that are still fan favorites today. While 1991 Studio had massive print runs, high grade Ryan and Smith examples can reach $20-50 due to their enduring popularity.
Rookie cards for future Hall of Famers are often the best long term investments from the junk wax era. Other rookies that hold significant value include the Griffey Jr. rookie from 1989 Bowman, the Piazza rookie from 1989 Topps, the Chipper Jones rookie from 1991 Leaf, the Jim Thome rookie from 1991 Fleer, the Derek Jeter rookie from 1992 Bowman, the Nomar Garciaparra rookie from 1996 Bowman, and the Todd Helton rookie from 1995 Fleer. While these players were not quite the superstars Griffey and Bonds became, their Hall of Fame careers still make their rookies desirable even from the junk wax period, with high grades reaching $50-150.
For team collectors, there are also certain standouts from the junk wax era. The 1989 Upper Deck Ken Griffey Jr./Barry Larkin rookie combo card for the Cincinnati Reds is a favorite, currently around $30-50 even in low grades thanks to Griffey and Larkin’s Reds tenure. The 1990 Topps Nolan Ryan/Jeff Bagwell Houston Astros teammates card also has nostalgia value, at $10-20. And the 1992 Topps Frank Thomas/Jack McDowell Chicago White Sox card captivates Sox fans to the tune of $15-30.
Condition is especially important for junk wax era cards to have retained any significant value. While PSA/BGS gem mint 10 grades will always demand the highest prices, even lower grades of 8 or 9 can still be worthwhile investments for the right players. The masses of junk wax cards in worn 6s and below are usually only worth a dollar or less to dedicated team/player collectors. In the end, focusing on the biggest star rookies and cards with true nostalgia appeal will yield the best returns, even within the much-maligned junk wax period of the late 1980s-early 1990s. While they may never reach the heights of vintage cards, some junk wax gems continue to prove their lasting popularity and value among collectors.