Posted By:
Bruce Dorskind
The primary point that we were attempting to make in our initial and
subsequent posts is that the rare baseball card
(a) Has been remarkably resilient to what has been a rather unhealthy
economy
(b) the market for rare baseball cards (especially those trading over
$1000) is very thinly traded. Some collectors are deceived by the
number of bids in major auctions. Most individual lots,
especially at the $5000 plus level, rarely have more than 3 bidders
(c) Given (a) and (b) the entrance or exit of two or three collectors
severely impacts the market... and prices can move several hundred
percent in one direction or another.
The two years following the Sotheby's Copeland Auction saw many items
sell for 50-70% of the Sotheby Sale. Numerous other examples exist.
The Devil Wear Prada
For those all too worried about where we were viewed the movie...
we can tell you that we were invited by the CEO of Fox News to
attend a private screening with a plethora of media executives, entertainment
professionals and distinguished New Yorkers.
Bruce Dorskind
America's Toughest Want List