Quote:
Originally Posted by Snapolit1
Interesting time in the hobby for sure.
The bottom has fallen out of most of the modern stuff. People have taken massive body blows.
Breaking industry has been pummeled.
Vintage well off its Covid spring 2020 highs but holding up.
Memorabilia seems flat to me. Mania in tickets and some other areas seems well off peak.
Auctions seemingly never end. So much material. Fear of missing out seems to be low.
Industry consolidation in modern and vintage.
PWCC, the name synonymous with collecting as investing has blown up.
The reports will be fun to read. A lot of eye candy to be sure, but how many big ticket items are moving in this market?
|
Agreed, good synopsis. Yesterday, while perusing the REA auction, I was taken aback by the sheer numbers of the same card up for bid. Granted it was early, but quite a few solid cards and zero bids. After looking at all the lots, I came away with the feeling of collectors trying to cash-in at the presumed top.