Quote:
Originally Posted by ejharrington
I see no evidence at all that there is a bear market in anything that I collect. To the contrary, prices keep going up.
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It certainly feels like the go-go days are still running on everything I want for my collection. Witness the solid bidding war I got into last night (and lost) on the PSA 9 Mays 1954 Stahl Meyer. I finally dropped out at $93k. (link:
https://bid.robertedwardauctions.com...?itemid=162374)
On the other hand, the PSA 7 Mantle that sold last night went for $246K, here:
https://bid.robertedwardauctions.com...?itemid=160751
It looks like the exact same card went for $336K about 12 months ago:
https://bid.robertedwardauctions.com...?itemid=125688
So a drop of $90K over the last 12 months. Good for a ~27% decline. We can debate whether that's a crash, a correction, or just someone overpaid in December 2022. But for some things the prices seem to be coming down.