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Old 12-14-2005, 07:07 AM
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Default Coins vs. Cards -- Anyone here know the facts??

Posted By: barrysloate

Ted- trying to guess the future of baseball cards is just speculation. They will always be popular and widely collected, but will they continue on a never-ending upward spiral? Hard to say. But Scott Brockelman pointed out how dealers would manipulate the coin market. They would often buy up bags of a particular date silver dollar, and then when they had a large enough holding, advertise to buy the very same date way above market prices. They might have to buy a handful for a bit more than they wanted, but they were pumping up the prices along the way. When they got the price pumped high enough, they would start putting their own stash on the market. Happened all the time. Can the same thing happen in baseball cards? Some dynamics are a little different, since you can't find original bags of specific T206 or N172. But can wealthy people buy enough of a particular card to artificially pump up the prices? Enough said.

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