[raulus]

Originally Posted by Exhibitman

Sure. I've been watching passed lot percentages in 'collector' level card auctions since the Great Recession. At the worst, some auctions had 30% of lots not open. I noticed during the pandemic boom that virtually everything sold. I think in 2022 I had one passed item among hundreds of card lots I consigned to cash in on the surge in prices. To me, the fact that nearly everything still is selling is evidence of broad interest in the hobby. There are a ton more middle-class collectors spending relatively modest monthly budgets than there are wealthy collectors pursuing six-figure cards. The latter make the headlines, but the former are the bread and butter of the business. My take-away from passed lot figures is that despite the many auctions out there, collectors are not saturated and not fatigued. Prices may fluctuate, but interest is still high.

Thanks for sharing. I'm shocked that it used to be as high as 30%. What a time to be alive!