View Single Post
  #81  
Old 07-25-2021, 11:11 PM
Lorewalker's Avatar
Lorewalker Lorewalker is offline
Chase
Member
 
Join Date: May 2018
Location: Oakland, CA
Posts: 1,407
Default

Quote:
Originally Posted by Peter_Spaeth View Post
Who knows of course, but my belief is that only a very tiny fraction of collectors are in a position to compete for this card, that it will sell for what it sells for reasons having little or nothing to do with the overall market, and that the rest of us aren't going to be influenced one way or the other by what it sells for. I don't buy the rising tide theory. Did the off the charts sale of the recent Jordan 10 affect anything? I doubt it. And this card of course is far far rarer. Just a sui generis sale to me.
I don't think the final selling price will influence the average collector's spending habits. Will it move the needle on some Wagner issues...possible but I did not really see much ripple effect on the previous Wagner sales that took place earlier this year. I do think it gives elite collectors more confidence in the market but not sure the impact is the same on the rest.
__________________
( h @ $ e A n + l e y
Reply With Quote