CJ 14 prices surging--theories?

[GregMitch34]

Latest example: Ray Caldwell (who??) PSA 2 last night....$1000....

http://www.ebay.com/itm/1914-Cracker...item35d752ba2a

[Leon]

Originally Posted by GregMitch34

Latest example: Ray Caldwell (who??) PSA 2 last night....$1000....

http://www.ebay.com/itm/1914-Cracker...item35d752ba2a

Wow, that is a lot of money for that card!!

[GregMitch34]

I suppose the key question is: If there are just a handful of collectors chasing, do prices collapse after they get their fill? Or does perception of higher value, and VCP numbers, keep them elevated?

Also: What's interesting is that the spike, if not quite across the board, is pretty wide. I had thought that just because a super high price is paid for a few relatively scarce cards, or because two collectors battled over the same common ones they each did not have, that there would be plenty of other cards that did not go up in value at all, because why should they? But nearly all CJ14s have gone up at least a little, and many, by a lot. Hell, I've helped that along myself.

[ajjohnsonsoxfan]

not when you realize that the Caldwell card is one of the hardest to find to complete the set with a PSA pop of only 12

[sniffy5]

I think another facet to consider with all of this 1914 CJ value talk is that additional 1914 set collectors means that more 1914 cards, very scarce ones in particular, are now becoming part of permanent collections. Waiting around for a Cheney, Frank Smith, Owens, Wingo, etc...may be a longer wait than usual going forward. (And if you want one in Psa 4 or 5, that may take several years.) This is an aspect that probably will ensure that prices/values on certain cards will remain high.