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It appears that many of the “herd” cards - iconic yet very common and mostly post 1940 - have gone down since April. But the big boy and rarer pre war cards, especially blue chip players and sets, most certainly are NOT down since April and continue to climb. This includes the T206 Green Cobb, which also set a record last in LOTG (see second attachment). |
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And by the way that is the story of the whole modern basketball market. For example, I have an Iverson rookie that I bought for $200 5 years ago. It ran all the way up to $4000, and then dropped back down to $1500. |
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What's gone down in price? Apparently none of the crap I collect. :o:eek:
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I follow Exhibit cards. The big boys in the 1920s issues (Ruth, Gehrig, Cobb, Johnson) and the rookies (PC Back Foxx, PC Back Grove) are very strong. What I've noticed marked jumps on lately are the lower grade examples of these players. The next tier of HOFers are a mixed bag. Speaker, Hornsby, Collins, Alexander, that caliber card. Lesser HOFers are basically bargains relative to other issues of the era. It is a little more difficult to follow these than T206s because there are relatively few of them and they don't come up in every auction. If two or more guys need the card for a set and it isn't easy, watch out.
LOTG last night was in line with the trends. PC Back Grove RC PSA 5 $8400. 1927 Cobb PSA 5 $2280. 1922 Eastern Exhibit (EE) Johnson PSA 3 $1560. 1922 EEs of Speaker, Hornsby and Alexander were between $500-$600. However, 1925 Collins PSA 2 $120, 1922 EEs Bancroft and Wheat were between $150-$250. Bidders went to war over a PSA 4 1922 Eastern Exhibit Heilmann $1440. It is a great card but there is no reason for him to sell for Cobb money. Had to be bidders warring for their sets. |
I do not see any trend of downward pricing.
With so many auctions and so many cards and memorabilia hitting the auction I see the money being spent but sometimes people need to regroup their funds and/or sometimes some auctions get overlooked And with many ending at the same time people have to be more controlled with what they are bidding on so sometimes items get less bids. But overall the main players like Ruth, Cobb, wagner, and Jackson their cards are hot and even their “lesser known” cards are starting to increase in value as people are getting priced out of other cards |
I'm not sure if it's been mentioned in this thread, but 19th century hasn't generally kept pace with price increases.
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It would be different if I was chasing the orange shimmer rainbow prism super-duper-fractor of that 19 year old sure-fire future Hall of Famer. Alas, a T206 WaJo portrait (and others) keep climbing. Now...where did I put that time machine? |
The answer is Trevor Bauer and DeShaun Watson, that’s what’s gone down! :D
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Photos
IMO photos have increased in value over the past few years and offer collectors an alternative to more traditional cards. Unlike most vintage cards, vintage photos can be unique, or 1/3, 1/5...like some the shiny new age stuff that some collectors like. I feel like the photo market will look significantly different in the next two years as it appeals to more and more people. I would be surprised to see vintage photo prices decrease in value. One could argue that photos currently offer the best bang for your vintage buck.
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I guess my last response didn't really address the topic of this thread, but a comment that was made. I don't know if they have decreased in value, but some of the rarer "commons" in E card sets have been stagnant for some time. Many years ago I put the E103 Williams Caramel set together..."commons were in the $250 -- $300 range back then...seem to be at the same price (depending on population) today.
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Also, someone mentioned Jeter's SP Rookie...It's definitely come down since the peak earlier this year (like most modern cards, including Jordan), but Modern rose significantly, peaked, then came down and have settled well above where they were a few years ago. Re: blue chip vintage (T206 HOFers/rare backs, 33 Goudey Ruths, Cracker Jacks, etc, etc), well they've only gone up and up... |
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What a miserable way to go around life. * I should add Glyn and I get along very well in person. But sometimes on the board I am not so sure. . |
What I have seen is a trend toward AH purchases. Of my own purchases, 2-3 years ago, I found the majority (probably 75%) of the cards that I was interested in on eBay or the BST. Since the 2021 run-up, finding cards for my collection from these sources has almost dried up (especially eBay, but also BST to some extent). Now I use the AH's for about 75% of my cards. Purchases of the cards from the AH's have "cost me more", so looking at the price numbers, most of my purchases are certainly up from 2 years ago, but most if not all of my "new" cards from AH purchases are still at Jan-April 2021 prices. I have not seen any drop here, to the point that I have had to ALTER my collecting plans.
Dave |
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Maybe time to switch gears and try some of the leafy green stuff instead. |
Compared to the 1952 Topps Mantle, there's ample evidence that green Cobb is much more rare, as expected. 970 Cobbs compared to 1806 Mantles in the PSA record. I'd bet there's more demand for 52 Mantle but maybe demand for Cobb is finally working on that gap. Either way, there's a strong case to be made that it was undervalued pre-pandemic and likely still is.
As for volatility, the good news is those of us who migrated from crypto were looking for a safe haven in the Hobby. I can't speak for the firms that formed in 2020 and started buying up Hobby standards from all sports, but I'm sure they will look to manipulate the market just like they do with bitcoin. The key will be recognizing when the sell-offs take place. It seemed like one took place last summer but I really wouldn't know. |
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How many collectors do you know with raw 1952 T Mantles vs. with raw T206 Cobb green portraits? In my admittedly small circle I know of several collectors with raw T206 sets and only one with a raw 1952T Mantle.
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The last Heritage auction had a 1949 Bowman Paige PSA 8 go for $30.k - Wowzer! And it was centered between 65/35 and 60/40 side/side. And with slight brown toning. Elevator up !
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The e93 Cobb I wanted on REA has decidedly NOT gone down in price. Above where I was hoping it would end with 6 days to go. Sigh.
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No showing of any dips in pricing to buy |
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Some people go the backhanded compliment route, some insist on getting the last word in, some try to gloss over their rudeness by attempting to redirect attention... |
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I rarely sell anything, but in looking to help pay for rotator cuff surgery this summer, I put up a pretty nicely centered PSA 4 Nolan Ryan rookie card for sale. In the post I showed the last group of sales for PSA 4s, which was basically these amounts...
Attachment 490415 The offers were lower than I wanted, so I decided to hold onto it. For the heck of it, I recently checked what PSA 4s are going for these days, and I had to take the elevator to the basement... Attachment 490414 That's a steep decline. Yowza!!!! |
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