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Will collectors still be able to buy limited-run physical editions after the 2028 cutoff or will all new physical releases be replaced by codes only?

Sony says all physical games that release after the January 2028 cutoff will be digital only, meaning physical copies of new games released beyond that date will contain a code rather than a disc. The announcement does not affect any games with physical releases planned before January 2028. Answered

PlayStation 6 soft confirmed to launch without physical disc drive
How will existing physical PS5 game owners play their discs after Sony ends disc production in January 2028?

They will not be affected immediately; Sony said the January 2028 cutoff applies to new games releasing after that date, and any physical games released before January 2028 are not affected. After that point, new game releases will be digital only and physical copies will contain a code, so owners could not rely on new discs for future releases. (Related article: "PlayStation ending physical game discs in 2028, Sony officially confirms") Answered

PlayStation 6 soft confirmed to launch without physical disc drive
What implications does Sony’s 2028 disc-production end have for used game resale and trade-in markets?

Ending production of new physical discs in 2028 will shrink the future supply of physical copies for new releases, likely increasing scarcity and reducing the volume of used game resale and trade-ins over time as new-release discs stop being produced. The article implies the market will shift toward digital-only distribution, which could devalue or limit trade-in options for newer titles and make used physical games a shrinking, more niche segment. Answered

PlayStation 6 soft confirmed to launch without physical disc drive