View Single Post
  #1  
Old 03-30-2020, 12:54 PM
japhi japhi is offline
Ma.tt Lan.dry
 
Join Date: Oct 2013
Posts: 185
Default

Quote:
Originally Posted by Dpeck100 View Post
These Tyson's did great. The PSA 8 had 19 bidders and the PSA 9 20. Both are the UK back and not the actual rookie version with the Italian back.

So far in the stuff I collect prices are strong and in some cases even higher than a month ago.


https://www.ebay.com/itm/14355976533...torefresh=true

https://www.ebay.com/itm/40217252299...torefresh=true


Edit: A raw 1982 Wrestling All Stars Series A set with terrible presentation and not overly nice key cards just went for $900. Nice!!!
I find it hard to believe, as someone in finance, that you think that posts like these are persuasive. This is akin to someone claiming that equities are performing well because xyz microcap is up 8% YTD. You would be laughed off any finance blogs for making a case like that.

Listen I get that you collect and are completely vested in pumping wrestling cards, I and appreciate your collection, but I’d be surprised if there were more then 50 hardcore wrestling card collectors. It is niche of a niche, a microscopic piece of the overall card market that tells us literally nothing about card prices.

If anyone is looking for a better data point, Acuna updates are selling at close to half their pre virus price. $300 down to $160 with each recent sale going lower. This is a heavily traded card - 15k cards graded by PSA alone - with 12k PSA 10s. Owned by thousands of collectors and is considered an investment grade card. Cards like this tell the story on where the market is going / is currently. If anyone actually cares.

And VCP in April and May is going to be fascinating. No asset class - and I cringe labeling most sportscards as assets - is going to be immune to 2 trillion is GDP disappearing and 8-12% unemployment. I just don’t see the hobby’s widest traded cards holding up to what looks like an economic blood bath.
Reply With Quote