Posted By:
peter chaoJay,
The first to bail will be the investors and the modern day collectors. The people that bought the Derek Jeter error cards, those people probably didn't have any idea of how common the card is. These people will bail first.
The deepness of the drop really depends on how big of a segment the spur of the moment buyers and the investors are. Also how big of a market are the serious collectors. Look you may buy one Walter Johnson portrait card, but will you buy a hundred. If the answer is no, then the market will continue to plunge.
Peter