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#11
03-03-2021, 10:34 AM
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I think it is mostly a FOMO and downward adjustment effect. If I see prices soar on nm-mt 1954 Robinsons I am now paying attention, and I may decide to get one I can afford just in case. That's exactly what I did with early Mantle cards in 2015.
Paying off nicely now. Meantime the collectors who were serious about owing one before--doing a player run, doing a 1954 set, etc.--are now going to move on it. Can't afford the 8? Buy a nice 6. The sellers, meantime, are thinking "Hey if the PSA 8 is worth $6,000, why shouldn't a PSA 3 sell for $400?" I'd even think that you could argue the three should sell for $600 or more--why not 10% of the 8 price, if that card stabilizes in that price range?
__________________
Read my blog; it will make all your dreams come true. https://adamstevenwarshaw.substack.com/ Or not... Last edited by Exhibitman; 03-03-2021 at 10:36 AM. 
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