Anger at vintage card prices?

[packs]

I don't know that Cobb has dropped in the same sense as usual dips occur. It seems to me that Cobb jumped so high that people are trying to cash in on him all at the same time. As other have noticed, every auction seems to have four or five copies of every Cobb pose all up for auction at the same time. I'm sure that doesn't help keep prices high.

[calvindog]

Originally Posted by packs

I don't know that Cobb has dropped in the same sense as usual dips occur. It seems to me that Cobb jumped so high that people are trying to cash in on him all at the same time. As other have noticed, every auction seems to have four or five copies of every Cobb pose all up for auction at the same time. I'm sure that doesn't help keep prices high.

I think this is true as well.

[Rhotchkiss]

Originally Posted by calvindog

I think this is true as well.

Agreed

[obcbobd]

Anger. No?

Maybe frustration when certain cards or sets become so inflated that collecting them as a hobbyist becomes unreasonable. I wish the investment crowd would jump on something else like bit coin. I take joy in the fact that I completed the 33 Goudey set 25 years ago, so I have it to enjoy (I could/would not even attempt it now), no real joy in what some of the cards are now worth; I have other investments/savings that are for income or retirement.

The good thing is the hobby is very wide and there is plenty to collect that is affordable.

[BioCRN]

Originally Posted by obcbobd

I wish the investment crowd would jump on something else like bit coin.

The good thing is many of them are addicted to the flip and eventually will settle for "at least I broke even."

A huge chunk of them have no patience for a long hold or having their money tied up without actively gaining, even if those gains are just potential and on paper rather than in-hand.

A lot of the ballcard "investment bros" no longer care about people like Gary V's pumping of card investing that got a lot of sneaker and bit/alt-coin investors hyped up like they were for a few years starting in 2020. Gary V doesn't even hype them like he used to for almost a year now.

[jsfriedm]

Originally Posted by obcbobd

Anger. No?

Maybe frustration when certain cards or sets become so inflated that collecting them as a hobbyist becomes unreasonable. I wish the investment crowd would jump on something else like bit coin. I take joy in the fact that I completed the 33 Goudey set 25 years ago, so I have it to enjoy (I could/would not even attempt it now).

It seems to me that 1933 Goudeys are one of the areas still on the rise (outside of the Ruths and Gehrigs, which I think were probably more targeted by the casual investors). Each Jimmie Foxx seems to set a new record, and even the whole crowd that Frankie Frisch voted into the Hall of Fame is suddenly worth $400-500 in a PSA 4.

[Republicaninmass]

Originally Posted by packs

I don't know that Cobb has dropped in the same sense as usual dips occur. It seems to me that Cobb jumped so high that people are trying to cash in on him all at the same time. As other have noticed, every auction seems to have four or five copies of every Cobb pose all up for auction at the same time. I'm sure that doesn't help keep prices high.

In the past, auctions would refuse or advise against listing copies of the same card in similar grades. Nobody seems to care anymore

[Lorewalker]

Originally Posted by Republicaninmass

In the past, auctions would refuse or advise against listing copies of the same card in similar grades. Nobody seems to care anymore

Yeah we had discussed that recently. Now the house turns away nothing because otherwise it ends up with a competitor. Consignors share a lot in common with TPG submitters--they love the abuse.

[Exhibitman]

It is all cyclical. Can't get too bummed or too elated over one year. My main goal is to buy 'em where they ain't. Buy the stuff that's out of favor now and sell the stuff that is the current trend. It is nice that there is soooo much variety to choose from. That keeps collecting fresh for me.