Anyone hesitant to buy now?

[Seven]

Originally Posted by Jetsfan

Just curious what people on the site have been thinking with the recent significant rise in prices for most cards. Given that this appears to involve many cards across the collecting spectrum, seems less likely to relate to any “buyers group.” This, at least in part, seems to be related to people staying home related to COVID-19 and looking for something to do (just my guess). Of course no one can predict the future, but just wondering if any people are holding off on buying right now, to wait and see if things return to some degree of “normalcy” after the COVID situation has become more manageable (vaccine, better therapies, etc.).

Obviously, not all of us are waiting on the sidelines, as someone is causing this spike in prices!

Thanks everyone, and my apologies if this was discussed in another post recently.

Adam

I'm not so much "holding off on buying" as I'm "searching for a good deal." Granted the purchases I'm making are nowhere near the level some of the guys on this forum make, but I'm defintely taking my fair share of time hunting for the right cards at the right prices.

I have a hunch things will start going down a little bit more once people are back to a little bit of normalcy in their lives every day. Once shows start up again on a consistent basis, and people are no longer exclusively depending on the internet for buying cards. I feel this more towards the vintage market than anything.

I cannot predict the modern market for the life of me. I don't understand it, it's like people throwing money at Penny Stocks IMO. I understand Tatis Jr. is off to an amazing start and Jasson Dominguez might be the next big thing. However the prices for their cards are flat out ridiculous as we have no idea what the rest of their careers will look like. Especially the Latter. The day I drop $1500 on a card of an unproven 17 year old is the day I also buy the Brooklyn Bridge.