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Old 10-01-2020, 04:47 PM
Oscar_Stanage Oscar_Stanage is offline
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Join Date: Aug 2020
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Quote:
Originally Posted by Exhibitman View Post

"The temptation to sell was too strong for me I unloaded my basketball rookies Alcindor, Chamberlin and West and glad I did I can't see them going up any more. I am already seeing them going back down."

The latter is being proven by the evidence.
Not sure this is evidence of anything other than rising prices - does not make it a bubble. I do not think the collectors who jumped in because of COVID are leaving. I never bought a basketball or hockey card in my life until June. Given, I am not buying any bball/hockey north of $100, but I am not going to leave collecting when we get a vaccine. I think most of the new money in the hobby is coming from people like me. The people paying $100s of thousands for Trouts are a different breed - they are traders, and will be on to the next thing at some point.
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