Quote:
Originally Posted by Snapolit1
I just don't understand the market anymore. But that's the same for stocks, real estate, and lots of other things, so why should cards be any different.
Just jumped over to VCP and thought of the first iconic card that came to mind. 1933 Goudey Gehrig #92. What's a real nice condition for that one, but not insanely high end. Let's look at PSA 5. Here are the most recent sales reported:
0/24/21 $14,000.00 Auction
Image 60 PWCC Monthly
10/9/21 $10,269.60 Auction
Image 12 Memory Lane
4/15/21 $17,400.00 Auction
Image 22 Heritage
1/24/21 $7,799.00 Image
I'd say this 2021 history is probably fairly representative of a lot of cards I've been watching recently. Exploded in March-April. Came down a fair amount over the summer - early fall. Now back up some but not up to April high.
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It’s my belief the only thing that could bring card prices back down to the mid 2020 levels would be a major crypto meaning btc.bs/eth.com correction.