Card Prices During Recessions
Does anyone have a simple answer on what would happen to high-end card prices during a recession?
Of course it seems there will be inflation as well during the possible recession.
But is there a simple answer?
For example: decent T206 HOFs like Cy Young, worth around 2k-3k in todays market. Or a 1950s Mantle worth 10k. Would a recession drop them down in value? Or would they possibly maintain their value? (I doubt they would go up - but maybe i’m wrong?)
I would expect them to drop due to many buyers prioritizing more important purchases in their lives, such as necessities. But i have heard conflicting opinions.
Any thoughts are welcome.
Thanks
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