Quote:
Originally Posted by Leon
It's really about supply in demand here, Jeff. And I am one to argue that supply has little to do with value (most times)...but in this case of the Cobby PC's, I do believe that supply caught up with demand. Too many of the PC's you mentioned have hit the market in too short of a time.
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And yes, it seems when we are bidding ourselves, things go really high.
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That's really it. When the market gets flooded with cards that have run up a lot of late, due to everyone trying to cash in, eventually they start to get lower prices. Too many people who wanted them are off the battlefield so to speak. For example, just going by VCP, there were 12 public sales of a Cobb Wolverine batting PC from the beginning of 2009 through the end of 2021 -- 13 full years, 12 sales. From 2022 until today, just 2 1/2 years, there have been 11 public sales. Not surprisingly, the cards sold for significantly more when they hit the market again at the beginning of 2022 than for what they are getting presently.