Market flattening definitely

[barrysloate]

I've been following the 49 Leaf Jackie's pretty closely the past year in grades 4 to 6. I've been the underbidder many times until I finally got one- the SGC 70 in the last REA Auction- and I can assure you prices for that card have been strong every time. In fact, the PSA 6 in Heritage that closed a few days ago sold for 16.8 K with the juice. That is astonishingly high.

Likewise I am stunned at the prices for T206 HOFers in almost every grade. I only got back in the market this past year after years of being inactive, and my jaw drops pretty regularly. Green Cobbs, Young portraits, among others are just nuts.

Market seems awfully deep and very strong for most cards. Sure, some of these 100-200K cards are overpriced and will see a dip. Take one or two bidders out of the mix, after they win one, and the market will be affected for sure.

[tiger8mush]

Originally Posted by barrysloate

I only got back in the market this past year after years of being inactive, and my jaw drops pretty regularly.

Welcome back, Barry!

[Gradedcardman]

The point I see is that most of us are collectors who hope to recoup some of money in the future. At this point, if I need it and I spend twice or three times what the card is worth based on the next sale then I don't care. If I was an investor who bought heavy a couple of years ago and was still holding inventory then yes I would take a deeper look.

[bbcard1]

I think the key is to play consistently. Things go up and down and that's just how it is, but if you're in the market regularly, you'll do ok. I very seldom "make" any money from my cards...I figure the pleasure I got from owning them was the dividend.

[barrysloate]

Originally Posted by tiger8mush

Welcome back, Barry!

Thanks Rob. Trying to have a little fun with it without breaking the bank.

[2dueces]

Originally Posted by tiger8mush

Welcome back, Barry!

I second that!