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The explanations I have heard could account for a gradual price rise over time, but not, in my mind, for a sudden meteoric one. People didn't just wake up one night of a PWCC auction to the investment possibilities of nice mid grade T206s, IMO.
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I see countless cards sell on ebay for more than a straight sale could bring normally and put up in these groups for 20% more and they sell quickly. This is one of the reasons (besides the legality issue of such raffles) that we do not allow them in our pre war fb group. |
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I have a fine antique square table suitable for playing cards, sorting cards or playing tabletop baseball sim games. It was crafted in 1830 and is made of real wood, not particle board. Photos available upon request. Serious offers only. If you are in need of firewood, kindly do not respond.;) |
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Bitcoin!!
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Peter, is this sudden meteoric rise the sale of one PSA 5 T206 Young, or are you referring to a number of comparable transactions? If the former, maybe the explanation is the simplest -- two collectors were chasing that card, had a lot of money, really liked it, and didn't want to wait for another comparable 5 to come along. I'm not saying this is the explanation, only that there is limited information one can derive from a single transaction. That said, because IMO the price makes sense based on the prices of 8's combined with logical explanations of supply and demand, even though the increase might have happened more quickly than what one is accustomed to seeing, I am hesitant to describe the forces at play anything other than prudent assessment of value. If though the meteoric rise takes the price to a level that seems totally whacked out compared to prices of 8's (e.g., $50k), then I would have more cause to suspect something other than ordinary market forces at play. |
Corey this thread was a response to maybe 3 or 4 seemingly way out of line prices in a recent PWCC auction, not any trend.
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Well it's thirty years later, and I'm thinking of selling it. Anyone care to bail me out at cost? How about a discount below my cost? How about I throw in the cost of your rental van if you are willing to come and pick it up? That is the state of the antique roll top desk market. |
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Interesting point about the future of collecting...I wonder what the average age of a collector on net 54 is? I'm 40, would be cool to see someone put up a poll...
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+1. Whoever is savy enough to do it, how about a poll asking how old people on the board are. I am 44.
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Ask archive this was done recently
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Thanks Pete. I revived the thread, which is from 2014, so it’s “old man recently” :), to which I can totally relate.
It’s good/comforting to see that the vast majority of the collectors (in 2014) range from 30’s to 50’s. That means we likely have at least another 20-30 years of interest before baseball cards are given up for Fortnite skins and Xbox games by the youngins of today |
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Sean, as I get older, two years ago feels like yesterday, and 10 years ago feels like 2 months ago. Sucks getting older. The worst was when 80's bands started showing up on "Classic Rock" stations.
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Thanks Pete!
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