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Originally Posted by glynparson
As is often the case I believe Peter gave us the correct answer.
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"X gets the square" ah too old for that reference amongst the stubbbe-beards.
Speaking of which, there IS an astute ebayed aptly named OLDstubblebeard!
Vegas Dave, yes he was one accused of "boosting (feel better about that word) prices" for his own portfolio.
The same thing happened in the late 80s and 90s right around when the first "booster"...!aka MR mint made is 52 topps find. People were digging in attics, grandmas going hog wild on qvc (thanks for cheating her Ken Goldin) kids busting packs and immediately selling singles back to the "Comic Book Guy" to buy more packs.
Now enter Sports Images a company based in Mass which would do these types of breaks on a major scale, with one sweet change. They would break hundreds of cases of products, take out any rookie or star, then repack and sell commons through distributors like toy stores or Kmart. Then the rookies and stars could be purchased via 100ct lots directly from them! It was done on a massive scale.
Boom...then bust. Just a few years later, nobody was interested anymore. The hype had faded. Card companies had significantly more offerings, and values languished for a long period of time. I'd say for at 10 to 15 years. Collections aka "retirement accounts for kids" can be pick up by thr u-haul load for a thousand bucks. Collection like these all wane around 1993/94, with yard sale pickers hoping to find a base Jeter rc. Many of those collectors never returned due to being burned or simply got a sour taste in their mouths.
Thr hype started after 86f basketball, which actually WOULD have allowed kids to retire now, if they had bought an unopened case or two!
By my posts, it may seem I am jaded, but I love the hobby, just hate the "fair weather fans". Being a patriots, bruins, and red Sox fan in the late 80s, I can spot them pretty well
So although history may not repeat itself, it certainly does rhyme.