[Dpeck100]

The 1993 SP Derek Jeter PSA 10 was under a pop 10 and $6,500 when I got serious about buying cards in 2009. Considered the most over valued card in the hobby on every message board. At $15,000 it was insane and there was no where to go but down.

There is one of these and only one person can say they own the Super Refractor.

In 1986 the Donruss Jose Canseco was the card. Peaked at $120 in the Beckett. Anyone with enough money could get one. No matter how deep your pockets are only one person can say they own this card.

I don’t pretend to know if this is a good buy or a bad one but the price is a function of our current reality. How much would a Jordan rookie 1/1 be? There are 313 PSA 10’s at an average of $75,000 so it has a market cap of nearly 23.5 million just in that grade from PSA alone.

The closest substitute is a numbered to five card. The artificial scarcity has worked year after year with sports cards and this guy just happens to be the best player in the league at the moment.

If someone put a gun to my head and said you have to pick a direction my bet would be up.