Thread: auction scene
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Old 11-24-2022, 05:22 AM
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Ron Rice
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It seems to me that prices on prewar baseball are up substantially in 2021-2022 if looking at that market overall. There are always people buying and people wanting to sell. Some of the sellers are cashing in on the profits while others are worried about the direction of the US economy.

Some motivations for buyers are these:
1. Most prewar baseball has far out-performed most mutual funds and bonds in recent years.
2. Investing in a physical asset can be a hedge against inflation.
3. Some short-term Flippers are hoping to make a quick profit buying from one auction and relisting in another auction.
4. Cyber currencies are crashing, and digital collectibles might be a risky fad. Prewar baseball is now being seen as a more "conservative" type of investment by comparison. The prewar baseball "market" is well established now.
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