Quote:
Originally Posted by Rhotchkiss
A PWCC premier auction just closed. In it were two cards that sold a year prior. These are the same exact cards being sold again (not just same grade, but exact same cards)
One was a 1952 Topps Jackie Robinson, PSA 8. It sold in REA’s spring 2021 auction for $384,000 and the exact same card just sold in PWCC’s auction for $276,000.
Meanwhile, a t206 Magie error, PSA 2 sold in Heritage in May of 2021 for $20,400, and the exact same card just sold in PWCC for $24,000, a record for the grade
The Jackie is down 28% in a year and the Magie error (again same exact cards) is up 17.5% over the same period.
I understand it’s only one example, but it is interesting considering both are major cards, both were sold in major AH in spring 2021 and both were sold by same AH a few days ago with very different results.
Thoughts?
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I don't think you can draw valuable conclusions from PWCC results. If they are actual sales at all, the fact is that many collectors will not transact with PWCC. That said, I do think we had a peak on many postwar cards last year and that since then is when prewar hitched its ride in the price rocket. I think that ride is leveling off as to mainstream prewar cards. Rare stuff, that always sets its own levels.