Quote:
Originally Posted by hcv123
I am the first in line for a good conspiracy theory. That said I find it hard to wrap y head around the idea that the supposed manipulation you speak of is stretching as far and wide as the market shift appears to be - across all auction houses and EBay, across all sports and must be hundreds if not thousands of different cards. That would have to be one hell of a level of organization.
That said, I agree there are multiple instances of manipulation and shilling and people just trying to create suckers out of many. I just choose not to believe that is the majority of what is going on.
If you look at the relative values of baseball cards compared to other more mature collectible categories, the values of the "top of the market" stuff hasn't been in the same league (pun intended). As I have shared in many prior posts - the card market ultimately is one of simple supply and demand economics. There is no question as to a finite supply -whether 3, 300, 3000, or 3000000. So demand and price are the 2 fluctuating variables here. I do believe the majority of the demand spike is real. Will it last? A lot better shot on low population items. 300+ PSA 10 Jordan rookies? That one would be making me nervous.
I believe some of the price spikes we are seeing will stick. I believe others will not. Time will tell.
Buy with your head, not over it and buy what you like!
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Also it's not just cards. Vintage movie posters are seeing some unreal prices recently as well.