yes jeff, but...
jeff, of course, you are hoping this will happen. but reality is most of these investors may have lost out like the housing market. here is my example: for years mastro and others have shilled up prices (alledgedly), so for say 5 years it seemed the material was holding steady and had a solid floor. now i see some of this stuff show up at REA and Heritage and the prices are down quite a bit. it could coincidence with the economy and housing market being in the cellar.
i think the scummy dealers/sellers/auction houses should be investigated and punished. the most cocky and arrogant of them will probably fall first, as most would like to see them knocked off their petastools.
everybody (or 98%) of people in this hobby/industry love the idea of funding their collections through resale of investment cards or undervalued pickups turned for a profit to buy more stuff. the reason legendary may have been able to hang in there was the opportunity for bidders to buy lots undervalued, so every dealer and savvy collector was looking for a bargain.
rand brotman
Last edited by Thrill-of-the-Hunt; 08-01-2010 at 12:37 PM.
Reason: adding name to post
|