PSA 7 Koufax now a 3K card??

[pokerplyr80]

I think the threshold is actually closer to 4k now. That one probably stayed "low" due to centering.

[Peter_Spaeth]

There are 760 7s according to the pop report.

[begsu1013]

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[Peter_Spaeth]

Originally Posted by begsu1013

answer the question peter!

What question? Oh I see. No, I did end up selling and centering was decent but not perfect.

[begsu1013]

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[Exhibitman]

Originally Posted by Peter_Spaeth

There are 760 7s according to the pop report.

Whoa, that is a lot of them. I don't think I will pony up with that many out there.

[Peter_Spaeth]

Correction. Now a 6K card. Damn that competition.

http://www.ebay.com/itm/1955-Topps-1...oAAOSw7ehXQoTW

[KCRfan1]

Any thoughts on a trickle down theory to a price increase for additional years of Koufax?

[pokerplyr80]

Originally Posted by KCRfan1

Any thoughts on a trickle down theory to a price increase for additional years of Koufax?

If these new price levels hold my guess is it will but not to the same degree. The type of collectors or investors pushing these high grade cards don't seem to have much interest in low grade stuff. But as some get price out of one grade competition for the next grade will go up.

[KCRfan1]

But is this only applicable to rookie cards, or are these " investors " looking at other years as well?

It seems to me they are only buying a GRADE, and not the card. Most of us know that not all 9's are created equal. And 8's certainly aren't.

[bobsbbcards]

I have a buddy that's been pestering me to upgrade my Koufax 7 to an 8 for the last couple of years. Maybe the price increases will shut him up:

[KCRfan1]

Nothing wrong with that 7.

Just buying a grade after that.....

[bobsbbcards]

Originally Posted by KCRfan1

Just buying a grade after that.....

Amen, brother.

[ls7plus]

Originally Posted by Exhibitman

Whoa, that is a lot of them. I don't think I will pony up with that many out there.

Mark my words, Adam. These types of items will be cyclical over the long term for exactly the reason you have stated. They are at the price level they are simply because the hobby is growing by leaps and bounds re the number of collectors and the focus is on the key cards of the '50's and '60's. That focus will change over time, just as it has with coins and collectible cars. The number of examples in existence, once the focus does shift, will prevent linear appreciation, since demand will shift with it. When demand diminishes, so does the price with items that are not that difficult to find. Like coin cycles involving truly desirable items, while the value will trend downwards, it will likely remain above the level it was when this cycle began. Buy rare and significant in an area where the market is presently quiet, as coin collector John J. Pittman did. Pittman could never afford the true "trophy" type coins, but ended up with a collection that sold for between $30 and $40 million in the course of several auctions after his death in the '90's.

Happy collecting,

Larry

[Exhibitman]

Duly noted and logged.