Market gridlock

[parkplace33]

Originally Posted by Snapolit1

Seems to me that large parts of the market for cards and collectibles is just frozen. Stuck in the mud. Sellers looking at where we were not too long ago asking for well more than buyers are offering. eBay a museum platform in many ways as as often discussed. At auction, big headline stuff sells but lots underperform. A few recent auction I was counting all the lots they didn’t meet reserve. I’ve seen it both as a seller (even here) and a buyer. Hope there is some healthy adjustment or readjustment coming.

Reminds me of that old song, “there ain’t no good guy …. There ain’t no bad guy …. There’s just you and me and we just disagree ….”

It’s disinterest and malaise. People still spend but they aren’t spending like they use to. They might put their money against one auction item vice five items like in the past.

2024 will be interesting for sure. I think a lot of guys are going to have to decide how they want to proceed in terms of buying and selling.