The Dangers of "Prospecting" and its Impact on Vintage

[Johnny630]

Steven, it’s like a penny stocks impact on mega-cap blue-chip dividend aristocrats. The good major big names, Ruth, Jackie, Mantle, and Mays 50’s and earlier quality high-end vintage aren't going down.

ZERO IMPACT

[Republicaninmass]

Originally Posted by Johnny630

Steven, it’s like a penny stocks impact on mega-cap blue-chip dividend aristocrats. The good major big names, Ruth, Jackie, Mantle, and Mays 50’s and earlier quality high-end vintage aren't going down.

ZERO IMPACT

You are wrong. It takes someone(a future mega cap buyer) out of the marketplace, likely for good. It's all about supply and demand. People getting burned losing on the next best thing, tend never to return.

[Johnny630]

Originally Posted by Republicaninmass

You are wrong. It takes someone(a future mega-cap buyer) out of the marketplace, likely for good. It's all about supply and demand. People getting burned losing on the next best thing, tend never to return.

That’s your opinion. My opinion is people with money thinking about spending big on cards aren’t speculating on prospecting sorry not happening.

[Aquarian Sports Cards]

I'll get back into prospecting as soon as I break even on my Felix Jose hoard...

[Republicaninmass]

Originally Posted by Johnny630

That’s your opinion. My opinion is people with money thinking about spending big on cards aren’t speculating on prospecting sorry not happening.

Ever go see a collection of cards? 99% are 1987 topps to 1993 topps. The "speculative" years. Those people never returned to the hobby. That's fact.

Whether or not they would have if not for the "greg Jefferies" hype and speculation, that is opinion.

[Peter_Spaeth]

Julio Rodriguez -- back up the truck!!

[Exhibitman]

[raulus]

The only thing that really seems to make sense is supply and demand, with a whole lot of irrational exuberance on the demand side and artificially suppressed supply.

In effect, people with way too much money to blow are paying handsomely for the right to be the only one to own this item. And everyone who is anyone right now is jonesing bad to have it now, because hot prospect #7 in the draft is bound to be the next big thing some day. So they bid like drunken sailors in an attempt to out-stupid each other.

And in the end, they pay richly for the privilege of owning it for a hot second until the next new shiny toy comes along and everyone has to have that one instead. Lather, rinse, repeat.