check later

[botn]

Originally Posted by Peter_Spaeth

I wouldn't say most people knew. As I recall quite a few people were trying to defend the prices as legitimate, and even making fun of those saying otherwise or suggesting they were just bitter.

Yup. In June they were all out in force--defending the market and/or completely in denial. There were some fabulous explanations they gave for why the market spiked--new money, aggressive advertising campaign by PSA, prices had been low for the previous 8 years...this was touted as a game changing time. LOL. Now silence by those same people and some of them are even posting regularly. The best part was when the market started to turn and these same guys defended the dip--too close to the National or the card in question was a weak example.

[Beastmode]

Originally Posted by botn

Yup. In June they were all out in force--defending the market and/or completely in denial. There were some fabulous explanations they gave for why the market spiked--new money, aggressive advertising campaign by PSA, prices had been low for the previous 8 years...this was touted as a game changing time. LOL. Now silence by those same people and some of them are even posting regularly. The best part was when the market started to turn and these same guys defended the dip--too close to the National or the card in question was a weak example.

Several of the PSA 8 Rose rookies sold for $16K in June. This card was selling for $3-4K last year. You can assume that most of these were not paid for. If anyone is using those sales as data, then you shouldn't be in charge of your money.

The PSA 9 Rose rookie sales curve is....well...it isn't even a curve. $29K in June, $150K in July, $82K in August, $131K late August. Likely many non-paying winners for this card also.

[botn]

Originally Posted by Beastmode

Several of the PSA 8 Rose rookies sold for $16K in June. This card was selling for $3-4K last year. You can assume that most of these were not paid for. If anyone is using those sales as data, then you shouldn't be in charge of your money.

The PSA 9 Rose rookie sales curve is....well...it isn't even a curve. $29K in June, $150K in July, $82K in August, $131K late August. Likely many non-paying winners for this card also.

Whether the Rose rookies or any other record setting sales were paid for or not, I would not use the sales data during this period of time as meaningful. It was a grossly manipulated market as some knew and tried to point out.