will anyone be able to purchase a koufax 7 @ $1750....

[Leon]

Originally Posted by Tennis13

Thats an interesting trough to current levels on NES. Not all appreciation is linear. Something just becomes hot, I supposse, one day.

So, in reading some of these posts, I paid a pretty penny for a 1934 Gehrig SGC 84 at last year's national. Would that be a card that would benefit from rising vintage prices, or are we thinking that this is just a lot of short-term hot air? I really am sort of lost reading this thread, and I feel stupid for even asking this.

A great looking card like a '34 Gehrig is always going to have strong demand. As long as it is bought decently I don't think it's going to go down much in value.

And as for the supply vs demand argument, I am always on the demand side for valuing something. If there is no demand the supply doesn't matter.

[Peter_Spaeth]

2025. Getting close to 1750.

http://www.ebay.com/itm/Sandy-Koufax...718?rmvSB=true

[botn]

Originally Posted by Peter_Spaeth

2025. Getting close to 1750.

http://www.ebay.com/itm/Sandy-Koufax...718?rmvSB=true

Well I am sure there is something wrong with that one or it is too close to Thanksgiving or ended at the wrong time. The defenders have many explanations...however none of them have been posting since the summer.

[Peter_Spaeth]

Greg, the centering admittedly is not great on this example, but I think it still illustrates how much the market has dropped from that spring/early summer peak, when many thought we would never see certain price levels again.

[irv]

I was watching this one last month and thought, wow, this sure is a far cry from the $80,000 this card (another graded 8) received back in the summer!
It was said, money didn't likely exchange hands on that one, (something I still don't understand?) but that was the final selling price.
http://www.ebay.com/itm/1955-Topps-1...vip=true&rt=nc

[botn]

Originally Posted by Peter_Spaeth

Greg, the centering admittedly is not great on this example, but I think it still illustrates how much the market has dropped from that spring/early summer peak, when many thought we would never see certain price levels again.

Absolutely centering hurts this example but it demonstrates a huge market correction because examples like this were bringing 4K during the summer.

[iwantitiwinit]

As individuals realize prices are beginning to drop they will rush to monetize whatever they can. The price drop will most likely then accelerate before eventually stabilizing. Wouldn't be surprised to see a psa 7 drop below $1000 within the next 6 months.

[mechanicalman]

Originally Posted by iwantitiwinit

As individuals realize prices are beginning to drop they will rush to monetize whatever they can. The price drop will most likely then accelerate before eventually stabilizing. Wouldn't be surprised to see a psa 7 drop below $1000 within the next 6 months.

My guess is the exact opposite will happen. Instead of a massive sell-off, I bet many will hold on to their cards, restricting supply, and therefore stabilizing prices.