Market direction

[ErikV]

Bryan,

I am not an economist like my dad, but I don't think there's much to worry about.
One has to remember a couple of variables. First, there's always speculation when
a new President gets elected. (I hope this post doesn't get hijacked and turn into
a political free-for-all.) Next, it's the holiday season. Many folks have other things
to spend their money on this time of the year.

If you've been following the auctions and say there's a downward trend I'm won't
argue with you, but in the casual monitoring I've seen prices relatively healthy.
If this trend continues for a quarter or more then you might be onto something.

Best,

ErikV

[sycks22]

Post-war high grade HOFers are still through the roof. A lot of the prewar stuff is leveling off I feel. One specific card that went crazy and has taken a decline is the 55 Topps Clemente Rookie in PSA 8. Last year it made it up to 6 figures and recent sales have been around $40k.

[Fred]

Originally Posted by sycks22

One specific card that went crazy and has taken a decline is the 55 Topps Clemente Rookie in PSA 8. Last year it made it up to 6 figures and recent sales have been around $40k.

I'd take a nice looking PSA7 for a fraction of the cost... Even $40K is nuts....

[Peter_Spaeth]

Originally Posted by sycks22

Post-war high grade HOFers are still through the roof. A lot of the prewar stuff is leveling off I feel. One specific card that went crazy and has taken a decline is the 55 Topps Clemente Rookie in PSA 8. Last year it made it up to 6 figures and recent sales have been around $40k.

LOL. Whatever happened to the new world order.
Latest Auction Prices for: PSA 8 - Average Price: $49,559.25


12/4/16 Goldin Auction | Image 7 $36,000.00
11/9/16 eBay Auction | Image pwcc_auctions s***n 66 $38,500.00
10/30/16 Goldin Auction | Image 9 $52,675.00
10/13/16 eBay Auction | Image pwcc_auctions 1***n 58 $50,401.20
10/7/16 Goodwin Auction | Image 7 $42,519.60
10/2/16 eBay Auction | Image pwcc_auctions n***n 32 $45,999.00
9/11/16 eBay Auction | Image pwcc_auctions r***p 30 $56,100.00
8/28/16 Heritage Auction | Image 13 $54,970.00
8/19/16 Mile High Auction | Image 17 $55,309.20
8/14/16 Goldin Auction 12 $62,400.00
8/13/16 Goodwin Auction | Image 9 $62,256.00
8/1/16 eBay Auction | Image pwcc_auctions m***m 47 $55,700.00
7/17/16 eBay Auction | Image pwcc_auctions a***g 57 $70,200.00
7/17/16 eBay Listing | Image mnmiracle2004 s***n Best Offer $107,500.00
7/7/16 eBay Auction | Image pwcc_auctions i***s 88 $80,000.00
6/30/16 Goodwin Auction | Image 17 $150,391.00
6/26/16 eBay Auction | Image jstevec19 p***- 86 $94,600.00
6/10/16 Goodwin Image 14 $146,803.00
6/7/16 eBay Image manontherock n***m 53 $90,300.00
5/14/16 Heritage Image 6 $131,450.00
5/8/16 Memory Lane Image 34 $61,200.00
5/6/16 Mile High Image 23 $68,018.10
5/6/16 Mile High Image 19 $68,018.10

[ajjohnsonsoxfan]

Interesting that both top values were with Goodwin. Wonder if those sales were consummated?

[Beastmode]

Unlikely the +$100K auctions were consummated. Maybe someone who knows can ask the AH's. (please queue the crickets)

[botn]

From what I have been told from numerous sources, many of those Clemente sales from the summer did not get paid for. What a shock...not.

[Jdoggs]

Couple other examples are Koufax and rose rookie PSA 8's.
Koufax rookie PSA 8's were selling for around $25k in the summer now are selling for around $10k
Rose rookie PSA 8's were selling for $15k in the summer now selling for around $5k.

[iwantitiwinit]

So the answer appears to be that things are trending down more than a bit. Relative to T206's my observations are that hof's are down a bit if they are selling at all, I've noticed on ebay that sellers have not reduced prices but that cards are not selling. Prices on more common T206's are down 25% I'd say.