Saturation Point

[Yoda]

Over the past couple of months I have watched in a muted amazement at the rollout of a seemingly inexhaustible supply of '52 Topps Mantles, 55T Clemente and Koufax cards from the big AH's, Heritage, REA, Goldin etc. I am no economist, but I have to wonder how long the demand side can keep until prices become inelastic and there is a severe correction. Or when does serious price inflation become a bubble? The wild price fluctuations on say the Clemente card over a short period looks suspicious but who knows. I just have a feeling that the heavyweight players are not that many in number, investors rather than collectors who could pull the plug on their holdings at any time if they become nervous or bored.

[Joshwesley]

Soon in my opinion!

Happy Thanksgiving 🦃!

[1952boyntoncollector]

Originally Posted by Yoda

Over the past couple of months I have watched in a muted amazement at the rollout of a seemingly inexhaustible supply of '52 Topps Mantles, 55T Clemente and Koufax cards from the big AH's, Heritage, REA, Goldin etc. I am no economist, but I have to wonder how long the demand side can keep until prices become inelastic and there is a severe correction. Or when does serious price inflation become a bubble? The wild price fluctuations on say the Clemente card over a short period looks suspicious but who knows. I just have a feeling that the heavyweight players are not that many in number, investors rather than collectors who could pull the plug on their holdings at any time if they become nervous or bored.

This has been discussed a number of times. There also could of been cards that were just undervalued for whatever reason. 6 months -a year ago ago there were many that said the hobby was dying...if they would of sold their rookie HOF cards from the 50s they would of regretted it.

Stock market is high as well right now and continues to grow higher and im sure people are saying similar things about that.


As i said before though, during the housing market crisis the waterfront properties kept a lot of their value. The 52 mantle is a waterfront property.

[Jobu]

I put the 52 Mantle in a different category than cards like the 55T Clemente and Koufax. The Mantle is an icon, the T206 Wagner of its generation. There may be several thousand of them, but as long as people collect cards, that one will always be something almost everyone would like to have. The same cannot be said of the others. This of course doesn't mean that the 52 T Mantle isn't in a bubble right now, I just think it is just a lot less likely that there is a bubble or that we will see a huge crash for that card than it is for most other cards that have seen big jumps recently.

[botn]

Cannot speak for every lot of each of the auctions which has just ended but I did not see record prices on most of those I followed. Very few in fact set records and most sold at greatly reduced prices from the summer. What I am in awe about is how the market was able to absorb the sheer volume of product. Prices overall did not impress me but the consumption did.

[yanksfan09]

Anyone's guess I suppose. One thing about those waterfront properties though... They are prone to flooding and storm damage!

[1952boyntoncollector]

Originally Posted by yanksfan09

Anyone's guess I suppose. One thing about those waterfront properties though... They are prone to flooding and storm damage!

right but FEMA always bails them out..

[Stampsfan]

Originally Posted by yanksfan09

Anyone's guess I suppose. One thing about those waterfront properties though... They are prone to flooding and storm damage!

Not sure if this is OT, but it caused me to think and chuckle.

When we were hit with a bad flood a few years ago, water and sewer backups were the issue with the seven figure homes along the river. A fellow at work is from SE Asia. He said "You people in North America have it backwards. Where I come from, the poor people live on the water, and the rich people live on the hill."

[Paul S]

Originally Posted by yanksfan09

Anyone's guess I suppose. One thing about those waterfront properties though... They are prone to flooding and storm damage!

Not to mention having to euthanize a Whale in Moriches Bay.

[Peter_Spaeth]

Originally Posted by 1952boyntoncollector

This has been discussed a number of times. There also could of been cards that were just undervalued for whatever reason. 6 months -a year ago ago there were many that said the hobby was dying...if they would of sold their rookie HOF cards from the 50s they would of regretted it.

Stock market is high as well right now and continues to grow higher and im sure people are saying similar things about that.


As i said before though, during the housing market crisis the waterfront properties kept a lot of their value. The 52 mantle is a waterfront property.

Since at least 2010 I have seen the same predictions from the same people that the biggest market crash ever was imminent, just a matter of weeks. Always the same analysis that the dollar was about to lose its status as the world's reserve currency and once that happened it all would go to hell, or some variation on that, always the advice to stockpile gold and food, etc. etc. I am sure there are five ads under the front page on CNN.com and Foxnews.com saying the same thing as we speak. Of course for $99 you can subscribe to their newsletter and get their more in depth advice.