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Old 05-10-2022, 01:15 PM
cardsagain74 cardsagain74 is offline
J0hn H@rper
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Join Date: Dec 2019
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Quote:
Originally Posted by japhi View Post
I have no idea how the broad art market is doing, but don't find these types of "best of the best" items very representative. Same for cards - almost the whole basketball card market is down off ATH's substantially, as in cards that were selling for 20K, now selling for 4K .But if a rare / desirable ultra high end card came up it would smash records. There really are two hobbies, at least when it comes to cards.
Pre '86 hoops is not down 80% from the highs. And as I've mentioned before, '86 to '88 Fleer and modern basketball were the cards that had some of the most insane pandemic gains beforehand. So it's standard market action for those to have the biggest % drops once that mania subsides.

The comment earlier about so many more buyers becoming sellers lately doesn't make sense to me either. Prices for quality vintage have mostly held steady for a year now (obviously at levels that are still substantially higher than pre-pandemic times), and the BIN supply on ebay for vintage in general still only contains mostly overpriced items, and no more than were available when the recent boom was in full swing.

I'm not saying everything is currently amazing in the card world or assuming that things will stay this healthy. But some of you guys really have the most negative spin possible, especially for a marketplace that still looks strong so far (and has done incredible in just a two year stretch)

Last edited by cardsagain74; 05-10-2022 at 01:20 PM.
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