Weigh in: Why the current t206 back craze--and will it last?
There's been some discussion of this here but I haven't seen many compelling reasons offered on why the prices soared almost overnight--and if it signals a lasting trend or just a brief blip. I think too many are just fully dismissive without explaining why. I find more convincing those who have said, yes, prices are crazy--and will come dow--but something real is happening.
My own view is that even t206 collectors get bored and look for new challenges--AND there is something quite normal and valid about higher prices for rare or scarce items. The question has always been, "yes, rare, but does it matter if no one wants to buy?" But I sense that there's at least a chance that a new generation sees value in having, say, one of the three of a certain card/back ever graded etc. and that prices will fall but not by that much. Your thoughts?
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