Quote:
Originally Posted by Johnny630
Did you see in the Lealands auctions the 51 Bowman Mantle PSA 8 ? That was just in Memory Lane last July Selling for $498,000.
These cards can’t be purchased by collectors usually collectors keep them more than four months it’s like musical chairs with these so called investment pieces. They pushed it too high in the short term and they don’t have the balls to sit on it in the long term because they know they overinflated it.
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Thanks Johnny, I didnt see that sale, but it's very telling, and not surprising. It wont surprise me with a "new record" sale. As the reddit crew says "stonks go up" .
Maybe someone can make a better quote "fractional ownership is great, if you are selling to the fractional buyer"