Of course the title of this post is a half joke. Pardon me while I bloviate on this topic
I bought a card last week. Seller is a friend so we looked up comps on VCP. We came to an agreement using recent sales, but he jokingly said “Can we use comps from 3 years ago”. Of course we didn’t, but it made me think of all the high sales during that time frame.
Do collectors take stock in those prices anymore? I guess for some high end/rare cards you can still use them, but for most others cards, they seem like a distance memory. For prewar, T206 Cobbs and 1933 Goudey Ruths come most to mind. For those that don’t have VCP, here are psa 4 sales of Ruth 144:
https://www.psacard.com/auctionprice...ues/238055#g=4
VCP has more sales, but you get the picture. Just amazing what has transpired over the last 5 years. I am not saying this is good or bad, just saying where we are at. And how I believe, for the most part, those prices are “dust in the wind” as they say.