Quote:
Originally Posted by Ed
Dont kill me, I bought the Jeffries. I really believe that if you buy now at reduced levels, there is opportunity a few years down the line
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I wholeheartedly agree and have been operating under that assumption for the last few years. According to my research the boxing market bottomed out during the fall of 2010 and has been slowly rebounding since then.
The Red Sun cards present an interesting situation. When the majority of the set first surfaced in a 19th Century Only auction I considered them to be extremely scarce, with many cards being the only known specimens. Jeff Hull grabbed those lots and then sold them in 2009 as part of his liquidation, again at a time when relatively few of the cards were found and they were subject to heavy competition when offered, which the Dreiers won. The elimination of Hull and Dreier from the market made a dent in demand to be sure, but there has also been a surge of T226s into the market. Prices have eroded even more than the average boxing card prices as a result, as collectors have picked up the cards they wanted and dropped out of the competition. I know I did not seriously pursue any of the groups in the Legendary sale simply because I have my examples already and don't have any interest in finishing the set.