Posted By:
bruce Dorskind
The market for nearly all ultra high grade pre War
cards remains very strong. In support of this theory,
we carefully reviewed Vintage Card Prices.com listings for
the 1933 Goudey Set in PSA 8.
Whilst some cards are below their sales price from 18 or 24 months ago, other
cards have recently experienced a 300% gain above their late 2005 or 2006 price.
A standard regression analysis will disprove the theory that there has been
a 50% drop in the market for PSA 8 1933 Goudeys. Said analysis would
show that the demand and the concomitant prices are random.
At a moment in time a certain collector may need a particular card in particular
high grade. Furthermore, prices fluctuate wildly because the entrance or departure
of one or two collectors can significantly influence the price of a particular high
grade card at a particular point in time.
We also note that when certain firms auction certain cards, said cards appear to
achieve a price well above the average price achieved by E Bay and/or other auction houses.
Clearly there are certain "buyers" who will not participate in E Bay auctions and/or
auctions of certain dealers. At least several of these significant buyers appear to
focus their resources in Mile High and Memory Lane auctions thus driving up the
prices of "common" Goudeys when they appear in one of these auctions.
Take a look at the example below. It is typical of the performance of a number of
common 1933 Goudeys in PSA 8. One can see the large variance in price,
but the only logical conclusion a trained statistics professional could draw is
that the market is random not trending down.
Player-- Jack Burns
DateAuctionAuction Link Price
8/18/07eBayView Auction $795.00
1/30/07eBayView Auction $330.00
12/7/06Mastro $428.40
10/5/06eBayView Auction $480.00
2/7/06eBay $597.79
11/10/05Goodwin $1,784.75
10/20/05Mastro $987.00