Quote:
Originally Posted by obcbobd
Short term, I don't see prices falling much. The guy who bought a Ruth for $10k as an investment is not going to sell it at a big loss. He will sit on the card.
Eventually, he, or his heirs, will sell for whatever they can get. But that may be a ways off.
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While that's probably true for someone who just bought today, there are a lot of collections that have been held for a lot longer. Not all of those collectors will live forever. If I had to guess, the average age of collectors in the vintage space is not under 40, and there is likely to be a large contingent in the 60+ range.
Plus from what I hear from reports about card shows, the average collector isn't keeping themselves in tip top physical shape, which is often not an effective strategy for maximizing longevity.