Quote:
Originally Posted by MetsBaseball1973
Right on the money. I'd bet most people who say it's overpriced don't have one and secretly want one, if they're honest with themselves. There's no such thing as overpriced anyway, a person will pay what they will, and that's the price at that moment in time.
I must say I am finding more discussions on baseball card forums that devolve into stock market-like talk than discussions about appreciating cards. The only certain thing is that a card brings the collector pleasure. Some seem more concerned about what the next man pays than they are about cards themselves. I doubt flippers are gambling 100k on Mantles, that's a heck of a gamble on something someone-- the flipper-- doesn't care about. I'm of the mind a 52 Mantle is more likely going to a collector who loves it and has wanted to own one for years, and whatever he pays for it his his business, certainly not mine.
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+1 on both. The "big boys" can throw hundreds of thousands (or more) around like nickels--they aren't "investing," they just want and can afford the best available. It's only a sign that our hobby is maturing, just like coins did, but faster, due to the facilitation of communication between prospective buyers and sellers regarding any scarce to rare items through use of the internet. As I've said before, in the '90's, you used to either have to go to a lot of quality shows to find that highly sought after card, or get lucky through an SCD ad. Now, the large number of prime auction houses and a continuing search on ebay makes task of finding even a pretty rare item far easier.
Regards,
Larry