Quote:
Originally Posted by Exhibitman
Modern is volatile AF, just the nature of the beast. Always has been (Gregg Jeffries RCs, anyone?). The guys who focus there must enjoy grabbing a tiger by the tail. As was said, they don't have the experience of the past boom and bust cycles, so they just have to learn what happens as it happens. Us old farts are so jaded that we sometimes forget that this is new stuff to the newbs. We can warn all we like, and we can be right, but the kids won't listen to us any more than our own kids listen to us.
When it comes to modern card collectors and newbs, I just try to enjoy the schadenfreude moments as they come. They always do. The death spiral is inevitable, so I just watch the flippers flailing on the way down, then I buy what I want when it bottoms out. That's how I got most of my modern cards. Plucking yesterday's hot insert cards out of a dollar box, very satisfying.
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Two years ago a Philly show, my son really wanted a red wave Jonathan Taylor numbered to X. According to my son, it was a “great deal” at $850. I told him I would buy him a Walter Payton rookie for $850 and he said no, bc when Jonathan Taylor wins MVP his card will be worth double. I asked what would you do then, and he said I will sell the Taylor and buy a Walter Payton rookie! After a big fight, I acquiesced and he bought the card. Taylor did not win MVP, he had a bad season next year, and the card is likely worth nothing. Walter Payton’s rookie is at least worth 70% of what it was (in like a 6). At least my son acknowledges this now, but he still wants the hot player of the day, not the dead all time great