Quote:
Originally Posted by sportscardpete
And yes, the prices that modern cards are going for now are clearly being pumped. However, legendary rookies (jordan, gretzky, jim brown, chamberlain, russell) which have been pumped to an extent, are worth a debate. Is their recent run-up truly speculation or is it recognition of the value in non-vintage baseball? Baseball has been the king for so long but maybe there is room for other sports? I have no right answer for this. No card should go up 10x in a year (just like no stock should), so some decline makes sense. But I feel better in the long run about vintage non-baseball rookies.
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Great point.
I've been in the market for a 1957 Topps Unitas RC in the PSA/SGC 7 range, and noticed that their auctions prices have practically doubled in less than 6-8 months. Approx $1200 to $2400+
Is this "new money"? Were they originally very undervalued? Will these soften 20-25% or so?
I'm very curious.
10-01-2020, 10:19 AM
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