Quote:
Originally Posted by JTysver
I don't really see this as a bubble as it was in the 1990s.
For starters, the cards that took a dive were not vintage cards. Those pretty much kept their value.
I see this as the time when cards are starting to move again after a good 20 years of doing very little.
The price of cards didn't boom in the 90s much at all, they boomed in the 80s with the rookie craze at that time. When the market on new stuff crashed, the old stuff didn't follow.
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I'm pretty sure T206 commons and 1952 Topps Mantles lost 1/2 their value then. But regardless, market bubbles aren't going to be exactly the same.
When the few people paying $300K+ for these Mantles wake up, or run out, and one sells for under $250K, the floodgates will open as sellers try to get their cash out before its too late.