Quote:
Originally Posted by Peter_Spaeth
Jay's choice at least explains the path by which this could happen. On so many other answers, especially for baseball cards, and I am guilty of this as well, there seems to be some assumption that future generations are going to somehow make a more realistic assessment than the present one, and so cards in the future won't be mispriced/undervalued. But what's the basis for that? I mean every few months someone starts a thread about undervalued cards and players and we always hear about Foxx and Collins and Spahn and Musial, but decades go by and they are STILL undervalued. What's gonna change?
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This has been in the back of my mind for a while. It's natural for people to ask on forums "Is Musial underrated???", because when you compare his stats with, say, Mantle, it's extremely obvious that Mantle was not 50x-100x the player than Musial was. So the price discrepancy between the two seems nonsensical.
But, on-field performance is only one element that drives demand. Everyone worth a ton is an all-time great, but not every all-time great is worth a ton.