Where are all the super rare cards?
With the exception of four auction houses and dealers who price items for more than 3x their value, it is unusual to see ultra high grade rare sale. Almost of the cards that I sill collect are valued at $1000 or more (PSA 8 Cracker Fed Federal Leaguers go for $600-700).
In the past two years, I have only seen one card on BST that meets my standards in terms of grade and rarity.
Despite the fact that are a large number of collectors who enjoy low grade
cards, I think there needs to be more of market for buying selling and trading the best of the best. I have more than 400 cards ( pre 1950) in my collection and fewer than 10% are below a 6. In terms of value, appearance
and opportunity condition matters. Our return when we auction a rare item
is 300-500% more for PSA 8 or SGC 92 than lower grade cards. In fact, there is a countless number of Non graded, PSA 1-4 cards and with few exceptions they do not sell or sell at 40% of book.
There is a true distinction between creased old card and those ultra high grade rare cards. The wise collector/investor focuses on quality. It is too bad that those who appreciate the best rarely comment on the Board nor
do they communicate with other important collectors. Like the great whales these collectors will continueto build the best collection and consume thousands of little fish along the way.
Bruce
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