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Old 09-29-2008, 02:04 PM
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Default Rare High Grade Type Cards Hold Their Own

Posted By: LetsGoBucs

Well, I would also agree that vintage baseball cards, non-vintage baseball cards, stamps, coins, etc are all going to experience a period of uncertainty between now and the end of the year.

Lets face it, no one knows exactly where the economy is going and unless your in the category of filthy rich, your at least a little bit concerned with what is happening to the financial system. If you've got multiple millions in the bank then you might continue along like nothing changed, but everyone else will be thinking that perhaps its time to scale back.

There may be some folks that decide its better to "own" something and they'll buy some high end cards. But I also believe there will be many more that get hit by the economic downturn.

Personally I think you'll see prices of high grade commons go down a lot and mid-low grade cards also decline a decent amount.

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