Quote:
Originally Posted by sb1
Despite all the gloom and doom posts, card shows are more attended than ever and lots and lots of dollars are being spent by old and new collectors alike. Ditto with online auctions. These are collectors spending small amounts to large amounts and everywhere in between.
In times when the stock market declines people often take expendable money and put it to work into various hard assets and collectables: art, coins, etc and now higher ticket cards.
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My 100% unverified, unscientific take after going through several business cycles as a collector is that the card market lags the overall economy by 9-12 months. I expect the National will be a zoo and auctions will go strong until at least the end of the year. Meanwhile, we've already had a 'soft landing' on a wide variety of cards. Vintage baseball just happens to be in the tumbler right now.