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  #1  
Old 05-11-2016, 09:42 AM
begsu1013 begsu1013 is offline
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Last edited by begsu1013; 08-22-2016 at 11:48 PM.
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  #2  
Old 05-11-2016, 09:52 AM
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Quote:
Originally Posted by begsu1013 View Post
again, the jordan rc sticker has doubled and tripled in mere months.

the aaron 8 has gone from $15 to the $45 mark in about 8 months.
How do you spell manipulation?
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  #3  
Old 05-11-2016, 10:21 AM
begsu1013 begsu1013 is offline
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  #4  
Old 05-11-2016, 10:27 AM
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Quote:
Originally Posted by begsu1013 View Post
again, the jordan rc sticker has doubled and tripled in mere months.

the aaron 8 has gone from $15 to the $45 mark in about 8 months.
The non sticker 86 Fleer Jordan went from 20k to 30k in less than a month it seems, and was in the 10-15k range not long ago, maybe 12-18 months.

The 55 Clemente went from 30 to 60 in less than a year in PSA 8 and was at 15 less than 2 years ago.

If it's the same group manipulating alot of the cards that have been run up it would be nice to know what's next.
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Old 05-11-2016, 10:49 AM
botn botn is offline
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Originally Posted by pokerplyr80 View Post

If it's the same group manipulating alot of the cards that have been run up it would be nice to know what's next.
What would be nicer is if it stopped. Price manipulation has massive repercussions to those who are not part of the group--which is 99.99999% of us. Everyone was up in arms over the isolated shill bidding at Mastro that they all claimed established new price points for those items shilled. This goes far beyond that.
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  #6  
Old 05-11-2016, 10:55 AM
begsu1013 begsu1013 is offline
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  #7  
Old 05-11-2016, 11:04 AM
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Default 🎼price line manipulators 🎼

But who are these baseball card price manipulators? And how is anybody sure they exist?cant it just be the card market rising?
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  #8  
Old 05-11-2016, 11:07 AM
begsu1013 begsu1013 is offline
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Last edited by begsu1013; 08-22-2016 at 11:47 PM.
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  #9  
Old 05-11-2016, 11:13 AM
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I don't have to look to guess that PWCC and Probstein are probably the named perpetrators.
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  #10  
Old 05-11-2016, 11:17 AM
MetsBaseball1973 MetsBaseball1973 is offline
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To think there's some cabal out there manipulating all these key cards is really silly. Does it happen here and there, sure.

Guys want prices low when they buy, and then cry or cry foul when prices rise on things they want. Not so much when prices rise on a card they own. Pretty funny.

There is stiff competition for beautiful cards, plain and simple.
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  #11  
Old 05-11-2016, 02:54 PM
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Here's a theory,
We know for a fact that there is new money in the hobby. As stated by others some wealthy new collectors have come to cards possibly for investments or partly collecting.
This fact may have triggered those who are manipulating/shilling prices to increase their gains by these artificial prices that only so few can afford to pay.
I know of one collector who is wealthy and is paying these high end record setting prices for these key cards that you guys speak of. He seems to feel that the trend will continue and prices will rise further so it is ok to pay these record $$$ amounts and hold till prices increase further.
As they say if there is blood in the water sharks will come
Again, just a theory and i may be way off.
I know collecting for me has become more difficult as i refuse to pay these record setting prices which are now even affecting even low to mid grade level cards.
Guess just seat back and watch till the dust settles. Only question is how dusty is the situation and how long till it settles.
Enjoy collecting
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Last edited by Iron Horse; 05-11-2016 at 02:55 PM.
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  #12  
Old 05-11-2016, 11:39 AM
botn botn is offline
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i absolutely hate agreeing w/ you, greg!
Not nearly as much as I hate knowing that.
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  #13  
Old 05-11-2016, 11:51 AM
begsu1013 begsu1013 is offline
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Last edited by begsu1013; 08-22-2016 at 11:46 PM.
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  #14  
Old 05-11-2016, 11:54 AM
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did we just become best buds?
And Trump and Clinton are going to join together on a unity ticket.
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  #15  
Old 05-11-2016, 11:10 AM
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Quote:
Originally Posted by botn View Post
What would be nicer is if it stopped. Price manipulation has massive repercussions to those who are not part of the group--which is 99.99999% of us. Everyone was up in arms over the isolated shill bidding at Mastro that they all claimed established new price points for those items shilled. This goes far beyond that.
I've heard the rumors but it seems difficult to prove or stop. Assuming that is what's going on is it illegal to bid your friend's card up only to have him do the same for you later? I know of there are laws against manipulation of stock prices but I don't think the SEC would have much interest in the price of Jordan RCs.
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  #16  
Old 05-11-2016, 11:17 AM
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Quote:
Originally Posted by pokerplyr80 View Post
I've heard the rumors but it seems difficult to prove or stop. Assuming that is what's going on is it illegal to bid your friend's card up only to have him do the same for you later? I know of there are laws against manipulation of stock prices but I don't think the SEC would have much interest in the price of Jordan RCs.
I hardly think the SEC is the only governmental body interested in fraud, if indeed that is what is happening here. There are at least two guys sitting in jail who could attest to that.

Last edited by Peter_Spaeth; 05-11-2016 at 11:18 AM.
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  #17  
Old 05-11-2016, 11:46 AM
botn botn is offline
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Quote:
Originally Posted by pokerplyr80 View Post
I've heard the rumors but it seems difficult to prove or stop. Assuming that is what's going on is it illegal to bid your friend's card up only to have him do the same for you later? I know of there are laws against manipulation of stock prices but I don't think the SEC would have much interest in the price of Jordan RCs.
Yes it is illegal to bid on your friends item in exchange for his bidding on yours. Bidding for any other purpose other than attempting to win the item, is shilling. Stopping it is an entirely other thing but with ebay being the middle man on much of this stuff, I would think the FBI would get more cooperation than they did with the Mastro case.
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  #18  
Old 05-11-2016, 11:59 AM
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Quote:
Originally Posted by botn View Post
Yes it is illegal to bid on your friends item in exchange for his bidding on yours. Bidding for any other purpose other than attempting to win the item, is shilling. Stopping it is an entirely other thing but with ebay being the middle man on much of this stuff, I would think the FBI would get more cooperation than they did with the Mastro case.
Im not familiar with the laws and am just asking. But what if they are bidding to win the cards and pay for them. If it was proven that the same guys were bidling on and paying for each other's cards a few times driving the market price up, has a crime been committed?
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  #19  
Old 05-11-2016, 12:09 PM
botn botn is offline
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Quote:
Originally Posted by pokerplyr80 View Post
Im not familiar with the laws and am just asking. But what if they are bidding to win the cards and pay for them. If it was proven that the same guys were bidling on and paying for each other's cards a few times driving the market price up, has a crime been committed?
If it were only happening a few times with a few guys then it would likely not be noticed and it would not impact the market. That does not appear to be the case from my vantage point.
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