Thread: Bursting Bubble
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Old 02-23-2021, 07:27 AM
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Quote:
Originally Posted by NATCARD View Post
Jan 30/31 Goldin auctions (2) PSA 10 1986 Fleer Jordan Cards sold for $720,000.
Feb 11 Goldin auction PSA 10 1986 Fleer Jordan Sold for $600,000
Feb 21 REA Auction PSA 10 1986 Fleer Jordan sold for $612,000
In 1 month the card has dropped about 15%. I understand it has gone up almost 1200% in 1 year but that is a definite correction. Jeff W
The highest sale before these was 211k. When a card jumps from 211k to 738k, sales of 600 and 612 is not a drop. In fact the day after the 2 738k sales Goldin reported 2 direct sales at 600. A drop would be sales over an extended period above 700 then sales around 600.
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