Posted By:
Richard MassonBut the last major correction in vintage cards was 1988-91 or thereabouts. Prices declined, but supply dried up. The Copeland auction was during that time (in fact the run up in prices can probably be partially attributed to his aggressive purchasing).
Absent the slabbing phenomenae, 1950s and 1960s cards are still in a funk. Nice VG-EX cards can be had relatively cheaply. Clean Topps sets from the era are very affordable. There is plenty of product to meet collector demand.
A correction in vintage prices is inevitable at some point, but it will effect lower grade and readily available material (think T cards and common E cards). Very high grade and very rare stuff won't trade at lower prices, unless the owner is a distressed seller.