View Single Post
  #5  
Old 01-11-2007, 04:48 AM
Archive Archive is offline
Administrator
 
Join Date: Mar 2009
Posts: 58,359
Default If the bottom fell out...

Posted By: Dan Kravitz

If guys need money, the first cards to sell is the stuff on the bottom. Common or HOFers from common sets will be so common that they could lose all value, but there will always be a strong market for super rare or scarce HOFers. Most guys who own these super cards will not sell in any market and have enough money to wait out the storm. It's not hard to imagine a shift in mortgage rates or job layoffs to get the ball rolling. Imagine having a box of cardboard or paying your mortgage. Not hard to see where a slight shift in the economy could ruin your collection. However, there will always be someone waiting for the disaster to buy up rare or scarce cards. Reality is that there will be a downturn. Can not keep going up. Just can't! However, I would bet that if you can weather the storm, the next uptick will be higher than we have ever seen. Prices in our lifetime could be 5x-10x where they are today. Hold tight... If you can.

Reply With Quote