Quote:
Originally Posted by pokerplyr80
I think with recent prices you will start to see more pop up that people had bought purely for investment purposes. Only time will tell if the market can sustain these prices, but I can't imagine they will keep this pace up. Anyone who bought a centered 5 or better more than a year ago has to be pretty happy right now.
|
These rapid escalations are never sustainable. Yes, it seems like now everyone must own a 52 Mantle and therefore the price can only rise. We know that is how bubbles occur. Of course the Mantle is worth what someone will pay for it until the bubble pops. You have to wonder who will be the one losing a ton of money on a 150k PSA 6 which it seems will happen soon. We can all say we are in it for the joy of collecting but I want joy and a good investment. Loving my 52 at a good acquisition price will give me more joy than seeing it drop 50% in the next recession. Just saying be careful my collecting friends because crazy price rises are just that, crazy.