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#1401
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Why?
__________________
Check out https://www.thecollectorconnection.com Always looking for consignments 717.327.8915 We sell your less expensive pre-war cards individually instead of in bulk lots to make YOU the most money possible! and Facebook: https://www.facebook.com/thecollectorconnectionauctions |
#1402
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Other asset classes have grown substantially. Markets are flush with cash. SP 500 for instance is up 28% this year alone. Dow has almost doubled in the past 3 years. I think the stagnation has a lot to do with price manipulation and FOMO
but that, to me anyways, reinforces how small the card market is. I think this fraud will have an impact - it won’t take many big buyers to pull back to have an impact. That, plus demographics plus the fact we are at the peak of an incredible debt fueled asset bubble don’t make me confident in long term card values. |
#1403
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Quote:
It's way to top heavy for me to ever consider investing in.......Long Term I think Levels Go Back to Pre. 2013 Levels. Last edited by Johnny630; 12-30-2019 at 10:56 AM. |
#1404
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Quote:
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#1405
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I don’t count my collection against my net worth so I agree with you guys. But I’ve always suspected that there are a significant number of collectors that have cards as a large percentage of their net worth. I think this is a big part of the reason most collectors want this altered cards thing to go away.
Lets be real, this isn’t a hobby for kids anymore. You can’t even find cards for sale where I live. A small number of large volume collectors are driving price increases on vintage. Hard to see how it can last when most collectors are in their 60s. Anecdotal but everyone I know has money in RE, most own financial assets, some have non trad investments like art or cars and literally no one collects sports cards. I have a huge network and don’t know one person outside of online communities that collects cards anymore. We all did as kids and i’m the only guy that came back into it. Our hobby is incredibly small and top heavy. |
#1406
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Historically most hobbies are a bit flat when the stock market is doing well.
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#1407
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Quote:
__________________
Working Sets: Baseball- T206 SLers - Virginia League (-1) 1952 Topps - low numbers (-1) 1954 Bowman (-3) 1964 Topps Giants auto'd (-2) |
#1408
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Quote:
Take sept 14th 18 to dec 19, only about a 10% increase in the sp. Most people arent showing that big Oct-dec dump in 2018 to tout how well stocks did this year. Hey 10% ain't bad, but the "28%" just is accounting for that big drop. No FOMO and price manipulation in stocks? No Fraud in stocks? People lost about 90% on this TEUM company lying about earnings. Did that stop the "28%" gain on the SP?
__________________
"Trolling Ebay right now" © Always looking for signed 1952 topps as well as variations and errors |
#1409
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Quote:
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#1410
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Whales
Quote:
__________________
Rick McQuillan T213-2 139 down 46 to go. |
#1411
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Agreed!
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#1412
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Did anyone see this Interview?
https://www.youtube.com/watch?v=_f3k5VSqVt4 Towards the end, he says he see's greener pastures and blue skies ahead for this marketplace/industy..... I see Visions Of Silver Bracelets and Orange Jumpsuits |
#1413
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We discussed it in May here and at Blowout. In fact, it was one the things that threw gas on the fire of the internet investigation. People hated how smug he was in that interview and looked for more things to pin on him.
__________________
-- PWCC: The Fish Stinks From the Head PSA: Regularly Get Cheated BGS: Can't detect trimming on modern SGC: Closed auto authentication business JSA: Approved same T206 Autos before SGC Oh, what a difference a year makes. |
#1414
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Quote:
When people exit the stock market, they'll need to put resources elsewhere. Maybe something tangible that can make them think of days gone by when life was simpler, and MLBers needed winter jobs. Hoping its oil stocks, since it didnt happen last year! Dont take it personally, anytime someone relates cards to stocks there are two sides to it. I never believed in these PWCC indices, I stick to what I know. Tough cards, more demand and signed 52 topps when I see 'em
__________________
"Trolling Ebay right now" © Always looking for signed 1952 topps as well as variations and errors |
#1415
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More high profile cards are outed and the amount of damages incurred just keep piling up:
https://www.blowoutforums.com/showth...90614&page=248 https://www.blowoutforums.com/showth...333320&page=18 By the way where's Peter Spaeth been lately?
__________________
"The only thing necessary for the triumph of evil is for good men to do nothing." - Edmund Burke "It's easier to fool people than to convince them that they have been fooled." - Mark Twain |
#1416
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Quote:
__________________
MY EBAY STORE; If you see something you Like PM me. If you bought off me and were happy let others know; if you bought off me and weren't satisfied for whatever reason let me know.. |
#1417
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Quote:
Last edited by ullmandds; 01-08-2020 at 10:18 AM. |
#1418
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The best comment in one of the threads is that the card now had perfect centering: 45/45
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#1419
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Quote:
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#1420
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Quote:
__________________
"The only thing necessary for the triumph of evil is for good men to do nothing." - Edmund Burke "It's easier to fool people than to convince them that they have been fooled." - Mark Twain |
#1421
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Dan
What do you want to know about the FBI? They are absolutely, 100% investigating. That is all of the info we will know for now. No doubt more will come out later but I don't expect it to be soon. Too many rats to still roll over. Quote:
__________________
Leon Luckey |
#1422
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He's been busy searching for a nice-looking O-Pee-Chee Gretzky rookie.
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#1423
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Thanks Leon.
__________________
"The only thing necessary for the triumph of evil is for good men to do nothing." - Edmund Burke "It's easier to fool people than to convince them that they have been fooled." - Mark Twain |
#1424
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