Quote:
Originally Posted by RCMcKenzie
Hasn't it (the 50 or so sales above $1000 or whatever it is now) damaged the idea that it's a $61 card? Titus sells at low tier hofer prices years after the Titus guy stopped buying.
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It's not a $61 card today. It may well be again in 1 month. Price is not a perpetual upward arrow. Many hoarded cards no longer have a premium. You can get a 1964 Topps Curt Flood for $3 on COMC right now in VG+ range. Whether a card keeps a premium is dependent on 1) the driving anomaly factor remaining in perpetuity (this clown paying the fortune for them) and 2) if hobbyists try to keep pumping the card after.
It helps Titus that a lot of people jumped in on the bandwagon, made it a meme card, and his premium was relatively modest. Titus wasn't $2K.
I personally doubt anyone else is going to be stupid enough to pay anywhere near these thousands for a common card of a common player. Factor 1 is unlikely to remain for very long.