Quote:
Originally Posted by bnorth
I have been saying that for a very long time with graded cards and card collecting in general with the crazy prices and rampant scamming. So far I have been very WRONG.
|
If you look at past manias and crazes, sometimes it takes several years to work through the process, with the mania growing in leaps and bounds along the way, before reaching peak frothiness and finally something breaks and it all comes crashing down.
The tulip bulb mania in Holland is one of my faves, and seems apropos here. In the end, the high end stuff was still very valuable. But all of the low end stuff got washed out.