Are the high prices of T206 scarcer backs coming down?

[insccollectibles]

I think part of the recent problem is the influx of great cards since the prices went up. It seems like alot of people or now dumping their collection in hope to make some profit. Once this trend slows a little which I hope will happen soon the prices will stabilize for a bit and go back up. The problem now is the volume of cards being dumped due to the recent higher prices in my opinion.

[thehoodedcoder]

Originally Posted by ins02

I think part of the recent problem is the influx of great cards since the prices went up. It seems like alot of people or now dumping their collection in hope to make some profit. Once this trend slows a little which I hope will happen soon the prices will stabilize for a bit and go back up. The problem now is the volume of cards being dumped due to the recent higher prices in my opinion.

That is generally 1 of the ways it works. The only other way is if the demand goes down. The price of the cards may be pricing people out of the market even though there is desire to purchase.

Price is where the demand function and tangent touch. Remember the whole calculus and algebra thing? As price changes, the "rate" of demand increases and decreases and has direct affect on rate of goods being sold at price X.

I believe if you have an average house hold income of 100k a year and lead a typical life with one or two kids you are not dropping a few Hondo on some Hindu every week at this point in time. The economy is all jacked up and crooked. Its chaos...dogs sleeping with cats. At least in the Nj area.

The mob...I mean government...takes everything you make from January until June. You get to by bread with your pittens after that.

Kevin

[insccollectibles]

I agree the demand will go down based on the over supply from people dumping their collections. It's simple you may be able to afford one $400 dollar card but not 3 or 4 in the same auction. A couple may go for less because simply collectors can't afford to drop so much at one time and the card doesn't get bid up.

Originally Posted by thehoodedcoder

That is generally 1 of the ways it works. The only other way is if the demand goes down. The price of the cards may be pricing people out of the market even though there is desire to purchase.

Price is where the demand function and tangent touch. Remember the whole calculus and algebra thing? As price changes, the "rate" of demand increases and decreases and has direct affect on rate of goods being sold at price X.

I believe if you have an average house hold income of 100k a year and lead a typical life with one or two kids you are not dropping a few Hondo on some Hindu every week at this point in time. The economy is all jacked up and crooked. Its chaos...dogs sleeping with cats. At least in the Nj area.

The mob...I mean government...takes everything you make from January until June. You get to by bread with your pittens after that.

Kevin

[ullmandds]

It's amazing to me...the seemingly constant flow of T206 into the hobby...it's never ending! There must ba a gazillion of them!!!!!

[smtjoy]

IMO, I think a few well funded collectors decided to work on T206 master sets and bid up all backs they needed. This caused a flood of collectors to sell to get a piece of the action.

As their needs on the master set have gone down to the rarest, it has left a large supply of mid range tough player/back combos with high established prices and no buyers at those levels, setup for a downward price correction. The rarest and/or highest condition will still get great prices and bidding wars.

Reminds me of when the whales were biding up the graded exhibit market a few years ago, prices went crazy for a while, they got the cards they wanted and then there was a downward price correction and the market settled a bit above where it was before it all started.

[mrvster]

There are so many variables to consider, it's hard to "pinpoint" certain trends in T206....BB1 summed it up pretty well, and so did a few other collectors....

The Wagner , lets face it, truly drives this popular set, not to mention the beauty and all the other aspects of this "perfect storm" set....

let's leave those factors out....correlation, regression analysis, supply and demand curves, area under the distribution......RUBBISH>>>>
WE CAN DO THAT ALL DAY LONG....

the set , inmho, will only gain momentum over the years....the set will always trend up given the attributes of the monster....

as long as popularity remains constant/increases....

which, is definitely the case...


some "rarer" backs will adjust slightly in the short term, but I see all backs trending up in the future...


ITS A SICK SET...

printer's scraps, the blank back, true freaks will be the "chase" cards of the future yester-year....kinda of bitter sweet for me, as I am watching my beloved cards fall well outta reach.....