In analyzing historical card prices on VCP, it's clear to me that many high end cards (not all, but many) peaked in value in 2007 and 2008 and took serious dips when the markets tanked. Cards that sold for $15,000 in 2008 dropped off and were selling for 2/3s that a year later. Obviously not true across the board. Most of them have worked its way back by now, but I have seen the same general graph a number of times.
I think the moral of the story is that things will take a hit if the market gets whacked but if you are not a short term seller or dealer don't sweat it.
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