View Single Post
  #76  
Old 06-15-2022, 01:47 PM
ajjohnsonsoxfan ajjohnsonsoxfan is offline
A.J. Johnson
Member
 
Join Date: Jun 2014
Location: Los Angeles
Posts: 1,495
Default

Man this will be one interesting National if the market keeps its downward trajectory. Will the hobby be back to pre covid bubble prices? Will prices sink even lower, erasing gains over the last 5+ years?

If Adam is right and the card market lags 9-12 months behind, it will be very hard to figure out what prices to both buy and sell. There will be lots of price frothiness in the marketplace. I think as a buyer you have to try and buy with an outward price projection of that 9-12 month lag time to try and price in the downward trend. As a seller you hope the quality and or rarity of your item is enough to get you something as close to bubble pricing as possible.

I think both stock market and card prices have quite a ways to go down before stabilizing.
__________________
Join my Cracker Jack group on Facebook: https://www.facebook.com/groups/crac...rdsmarketplace
https://www.collectorfocus.com/collection/ajohnson39
*Proudest hobby accomplishment: finished (and retired) the 1914 Cracker Jack set currently ranked #12 all-time
Reply With Quote