Most over-valued card

[bravos4evr]

Originally Posted by Dpeck100

This post boggles my mind.


Why are there different prices for similar models of cars? Is every Porsche created equal?

Condition has mattered in card collecting since I got started in 1985. It will never change.

Would you be more comfortable owning a painting that was ripped and stained then one that is in pristine condition and you can clearly see the image without any distractions to the eye?

This is true sure, but lately the difference between super excellent and super duper excellent has gone off the reservation. There once was more of a graduated price ramp from "poor" all the way to "mint" and you could see a logical path along the way. Now, you see some cards are "poor" at $500 and "mint" at $500,000 and that doesn't seem to follow any path of logic at all. I mean people spend what they want and buy what they want, and that's their bidness (the high end market doesn't impact me much) but eventually, this is all going to crash and burn as the prices don't seem to reflect any sort of rational decision making but rather a falsely manufactured profit chase. People buying $90,000 Rose PSA 9's then flipping em for $150k to another who buys hoping to flip for $200k....etc eventually, someone is gonna lose their shirt and the resulting domino effect could bring the entire high end market crashing down (thus impacting the lower markets along the way)


edited to add: paintings aren't really applicable because fine art is "one off" creations whereas cards are a manufactured commodity. There aren't 50,000 "Starry Night" original paintings floating around out there in various states of condition.