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#11
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I'm astounded that a 1981 Topps Magic Johnson PSA 10 has gone from a $400-$500 card to a $3700-$4000 card in less than 2 years.
A bought a 1981 Bird last year way above the current market (at that time) for $1125.00 because it was truly a spectacular card. I figured I bought well into the upside, but I love the card so I just moved on and enjoyed it. I have come to find it's a $4k card now. That is ridiculous. I guess it only takes 2-3 guys to blow a market out of sight, but I have never imagined how hot these cards could have become. Frankly, I hope the market comes down quite a bit. There are many cards I figured would creep up over time, but I had plenty of time to find and collect. Now I'm totally priced out. I loved Magic. I wanted an exceptional 1981 Topps card of him. No chance, Lol.
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