Crazy escalation in card prices, or is it just me?

[bobbyw8469]

Originally Posted by rats60

I have seen cards bought from major auction houses immediately listed for two to three times more on eBay and then go unsold for months or years.

I guess people don't realize that a lot of us watch the same auctions.

[brett 75]

It does seem that prices or over bidding has gone up in the last month. Was recently watching some exhibit lots that had seen the prices double or triple. Eddie Watikus portrait for $51.00 ? In excellent condition ungraded not even Mint. This seems to be just the opposite of the 2008 recession where cards could be purchased at a fair or discounted level. Im doing a lot of watching at this point not going to get caught up in the bidding madness. Might be time to sell😁!
Brett

[MULLINS5]

Gretzky 1979 OPC RC PSA 5 sold for $2,600 USD today.

[Exhibitman]

I was astounded the other night when I sat down and ran a bunch of card prices on PSA's site. Across the board increases anywhere from 10% up to 300%. The major postwar RCs in particular seem to be on fire in just about any grade. A PSA 3 Aaron RC is now a $1700-$2000 card.

[Republicaninmass]

I agree on Aaron, but I think he was/is undervalued. I just don't know what changed. 52 May's as well.


Do people feel.once they pass their cards might get a spike? I'm always the cynic when it comes to crazy run ups on anything!

[bobbyw8469]

I think more people are entering the hobby. There is no other explanation for the crazy spike in such a short period of time. This is different than the "buying group".

[Dpeck100]

Originally Posted by bobbyw8469

I think more people are entering the hobby. There is no other explanation for the crazy spike in such a short period of time. This is different than the "buying group".

There are so many people coming in it is crazy.


Last year I started posting my wrestling cards on Twitter. I get direct messages all of the time from new collectors looking for advice or just asking general questions. In the comment sections you see so many people saying I want in.

All one needs to do is follow Gary V and read the comments on his tweets and all of this makes sense.

Everyday when I check completed sales I am just floored watching what were $20 cards sell for $60 or $40 cards go for $100. It is all over the place.

I get the feeling that many in the hobby do not do this but I check completed sales multiple times a day. Every day and one would have to be blind not see the incredible move higher across the hobby.

It isn't going to stop anytime soon. I know you like me sub to PSA and probably got the email that showed how much their submission volume went up in the past few months. The hobby has never been stronger during the time I have been collecting and submitting cards.

Unopened, graded, raw, autographs, non sport, soccer, basketball, 80's baseball, wrestling, boxing you name it prices are on the move.