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T206CollectorSince we often purchase pre-ward cards based on recent auction selling prices, people will often bid a little bit more than the last sale in order to try to ensure a win. This leads to the gradual increasing of prices over time, assuming there are new entrants into the market for that card. As long as demand is there, prices will continue to rise.
I personally think that the more people putting T206 sets together get to 521, they are going to get hungrier for Plank, Magie, Doyle and Wagner. Wagner and Doyle are obviously out of sight already, but I think that we will be seeing strong movement on Plank and Magie. A lot of people who thought, well I'll just get one of those eventually for a few thousand dollars are not going to be able to find a market for them. Take a look at how many people have been seeking low grade Magie's on the BST as well as on ebay. $7,400 for a PSA 1 Magie last week...
http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&ih=006&sspagename=STRK%3AMEWA%3AIT&viewitem=&item=160118217634&rd=1&rd=1
...when one in April went for $5,300 in April.
http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&ih=011&sspagename=STRK%3AMEWA%3AIT&viewitem=&item=320101202822&rd=1&rd=1
Granted the most recent PSA 1 was a beauty with a large spot of paper loss on the back, but still -- these are PSA 1's we're talking about. The next time someone wants a PSA 1 Magie, it will be at least mid-$5K, I would imagine, if not meaningfully higher.
I think scarce T206 cards, including O'Hara, Demmitt and Elberfeld, is the way to go now.