Posted By:
PaulI've always felt that the prices paid for Graded 8s, 9s, and 10s is a tulip-like bubble. I never previously felt that the prices paid for lesser graded cards are part of a bubble. These are cards that people genuinely like and I don't see the subjective, emotional appeal of these cards dying down anytime soon.
But the prices now truly are crazy. $10K for a D304 Young graded Ex-Mt. $1200 for an E98 Mack graded a 3. I'm not sure what's going on here. It may just be a few people with big bucks driving up prices. It may be something else altogether. But I'm no longer confident that it is something that will last.