1914 Cracker Jack Joe Jackson auction in SCP

[Casey2296]

Originally Posted by darwinbulldog

Maybe he was referring to inflation.

Not sure if this was directed to my comment but I'll clarify my point, I'm in real estate in a HCOL area and it's been FOMO for the last two years, no more. With the fed interest rate rise to battle inflation the days of $150,000 over ask are gone, I see the same parallels in the card market, FOMO would have put JoJax at $125k. The Fed will have to raise rates to the point of putting the economy into a recession which will last the next 24 months IMO, I could be completely wrong but that's my take. If the same 1.5 JoJax comes up for sale in the next 18 months it'll go for 75-80K, if I'm wrong refer to this post and I'll send you a bottle of fine Whiskey.