HOF "temporary bumps"?
Wondering for long time collectors, do you notice a short-term spike in RCs for newly elected HOFers? Do those spiked prices then revert back to the pre-election levels after a while, for a person expected to make it? Like Griffey? (I'm guessing it's different for someone like, say, Minnie Minoso who if elected would be a surprise)
As an example, for fun I looked at '89 Griffey UD cards on Dec. 30 2015 and yesterday.
I bought a PSA 9 for ~$50 on Dec. 30. There were several other BINs in the $50 range on eBay that day.
On Jan 7-8, eBAY "sold listing" prices were:
$87 (bid)
$80 (bid)
$89 (BIN)
$93 (bid)
$89 (bid)
$78 (bid)
$85 (BO accepted)
$81 (bid)
$102 (bid)
$76 (bid)
$88
$95
$127
....
I had to stop - so many were sold I don't have time to list every one.
Is this price bump typical? And will it stay?
Last edited by MCoxon; 01-08-2016 at 11:31 AM.
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