Prices coming down...

[jboosted92]

Originally Posted by Snapolit1

Long story, subject to 1000s of posts here. If I had to summarize it a long run-on poorly crafted sentence I would say that there were a stunning explosion in the "value" of some post war cards (mostly 50s and 60s rookie cards) in a brief few month period of time where after the fact there appeared to be some pretty good evidence that some (many?) of these record breaking transactions were likely sham transactions that were never actually completed, but merely designed to document "sales" in Vintage card Prices and elsewhere in order to run up the prices of these cards to inflated levels so others could then sell into that frenzy to make some serious money.

yikes....super

i actually thought it might be this:


Lets say someone(S) has some PSA9-10 , 50s/60s ( Clemente, Koufax for instance)

They see some PSA 8s come up for auction, and them and someone else, considerably over pay ( Example, what would maybe go for 4000, they pay 10,000)....now that then shoots up the value of their PSA9/10 that the subsequently put on the market....make a profit, then hurry up and turn around and sell their PSA8 they just bought at 10k, for at least what they paid.....