Quote:
Originally Posted by MW1
This is true. There's some new money coming into the hobby and it's chasing after the grade on the holder.
That being said, the card in question is still extremely nice. PSA has increasingly tightened up their grading standards over the past several years. They've also done a considerable amount of work/advertising to promote their services and products. The current prices (this card; elsewhere) are no accident.
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Latest Auction Prices for: PSA 9 - Average Price: $34,999.00
5/7/16 eBay Listing | Image 07benchwarmers 9***8 BIN $28,900.00
4/23/16 eBay Listing | Image jba-auctions 1***n Best Offer $35,000.00
2/18/16 eBay Listing | Image 71c10 r***a BIN $34,999.00
2/17/16 eBay Listing | Image 71c10 7***r BIN $34,999.00
2/2/15 eBay Image manontherock 3***1 BIN $25,000.00
To me, something else other than new money (which has been around for a while now) and PSA promotion accounts for the off the charts increase from a month ago. 35 to 135 and counting. Uh, OK, whatever. But I am just a cynic, not a staunch defender of the status quo.