Quote:
Originally Posted by Dpeck100
It could be.
Obviously everyone by now knows who Evan Mathis is but to my knowledge he is the only high profile collector/dealer that was a professional athlete that is really known in the hobby. I am sure there are others but he is pretty visible. If more athletes or entertainers ever get involved it will get really crazy.
Lets say someone comes to me with their million dollars and says Dave I want to get this put to work right away. You can buy this sum of almost anything in the financial markets and not move it too much unless it is a micro cap stock and that wouldn't involve me anyway.
You can't say the same thing in cards. I could see "investors" coming in and saying lets get some cash put to work and if a Jeter used to be 4k they could easily move it to 6k just by trying to allocate some funds. The price elasticity of cards is really high and fresh capital can create a tidal wave.
Look at that guy Nat Turner with basketball. He has clearly moved cards in that market.
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Clearly in 2016 people moved prices on certain rookies quite significantly. And not to say it yet again, but man did I take grief from certain people in making the claim that the market was being manipulated or whatever verb you want to use.