Saturation Point

[1952boyntoncollector]

Originally Posted by iwantitiwinit

We are taking about baseball cards here guys. Their investment value and ability to retain value in my opinion is far different from oceanfront real estate and any real estate for that matter. I think the basic supply demand function is very steep and inelastic for baseball cards, new entrants to the market would appear to be limited and there is no intrinsic value for cards nor is there a basic need for the product ie. shelter. I have a feeling these prices don't hold up much longer. It could be a month, 6 months or a year but they won't hold and there are going to be a lot of unhappy people out there that thought pieces of cardboard would make them rich. I could be wrong but I dont think so.

Artwork doesnt have any real value either and i dont think any cars are really needed for for basic needs hen you are paying 700k....theres always a market for things that arent basic needs......i always hear that basic need argument then i watch pawn stars or any number of auction sites selling tons of non basic need stuff that arent baseball cards and there seems to be always a market for it. Maybe not all time market high but always a market