Posted By:
Rich Klein But this will be a fascinating time in the hobby. The first big price boom in cardboard was exacerbated by the 1979-80 Gold/Silver Rush, and other problems in the economy. The big boom of the 1980's (which goosed up both vintage and new cards) occured almost immediately as a reaction to 1987's Black Monday.
So, we've had a couple of situations where when the economy tanks, collectibles increase in value and interest. The only possible downside to this is in addition to the money crisis, the housing crisis and the oil crisis may leave us with less collectors.
If you want my guess, based on previous history, items such as what Bruce D. and Jim C. collect will remain strong but some of the more mundane articles in vintage will slow down. I expect that the world of EX or lesser T206's will soften as will other more readily accessible vintage cards. I'm not sure about the new card market, but I suspect anything can and will happen in that market.
The SkyDash find with the super high grade Colgan's will do just fine,...
I'm curious as to all of your opinions.
Regards
Rich