Quote:
Originally Posted by CharleyBrown
While I agree with most of your post, I think it should be noted that the gov't giving people $600 or $1400 stimulus checks is definitely not driving the price of Jordan rookies to $700k or Kobe refractors to $500k, or even cards that are now selling in the 5 figure range.
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Shaun, you got that right! I never could understand how anyone could think that the stimulus checks have anything to do with the crazy prices we are seeing now. Cards that sold for $1k in Nov are going for $10k now (look at Brady's Bowman Chrome, Magic/Bird RC, etc.) I think this is 90% about people with money being bored and entering the market. Once that happened they and others see prices rising and don't want to miss out.