Market flattening definitely

Snapolit1 · #1 05-16-2017, 09:24 AM

Quote:

Originally Posted by KMayUSA6060

I find this thread very interesting.

You're saying the market is flattening definitely, yet list individual cards to prove your point.

If the stock market is down, does that mean each individual stock is down?
Conversely, if the stock market is up, is each individual stock up?

The answer to both questions is no.

Saying the card market is down, then using a few individual cards that are down, isn't an accurate assessment of the entire market. I'm not sure there's an accurate way to assess the entire market yet, at least across multiple landscapes. If you break it down into value categories ($50k-100k cards, $100k-200k, etc.), you can get somewhat of a more accurate assessment. But even then, it doesn't factor in what others have previously mentioned: if a significant bidder wins the card, they and their money are taken out of the market.

Only my opinion. No, I have not done a study of every card out there. The Dow Jones average is a sample of 30 (?) stocks that is used as a proxy of the stock market as a whole. People say the market is going down and obviously many stocks aren't. Like I said, if I looked at the top 20 cards just sold at Heritage (not unique one of a kind items like the great Cobb autographed card), I'd wager most of them, a large percentage, are down off their VCP recent average. The top 5 cards all are. Sure some aren't but I suspect most are. They are not crashing to the ground but I believe most have fallen. But it's a huge market and like you said operates on a lot of different levels.

glynparson · #2 05-16-2017, 09:36 AM

The market seems typical some up some down.

Touch'EmAll · #3 05-16-2017, 10:16 AM

You have to take into account not just the numerical grade, but characteristics within the grade, i.e. centering, tilt cuts, print dots, color, focus, gloss, other tricky tack flaws. Absolute NO WAY all cards of the same grade are created equal. There can be big price differences within the same grade due to eye appeal characteristics.

ullmandds · #4 05-16-2017, 10:25 AM

can this thread be moved to the horseshit section please?

1952boyntoncollector · #5 05-16-2017, 10:30 AM

Quote:

Originally Posted by ullmandds

can this thread be moved to the horseshit section please?

there was a thread on this months ago that was callled something like 'card market is faaalllling' something like that...

always a thread like that with lots of people giving their opinions....will be another one in 6 months..

that older thread i believe i gave my theory of the waterfront properties or shortly thereafter..i dont judge the market on the Wagner or high grade Cobbs/ruths etc...those are in a subset of their own... Just like when the housing market crashed, the houses on the water in certain sections did not feel the same impact. Need to do apples to apples etc..

barrysloate · #6 05-16-2017, 10:36 AM

Of course some cards are up and some are down.

But overall the market is very healthy. No matter what data you use, it would be hard to say the market is soft right now. I know I haven't been able to find any bargains.

Beastmode · #7 05-16-2017, 11:04 AM

Quote:

Originally Posted by ullmandds

can this thread be moved to the horseshit section please?

I agree with Steve, but I use more feel than data. It just feels like it's correcting to me based on my searches. Could be wrong, but this comment above if hilarious.

ullmandds · #8 05-16-2017, 11:22 AM

Quote:

Originally Posted by Beastmode

I agree with Steve, but I use more feel than data. It just feels like it's correcting to me based on my searches. Could be wrong, but this comment above if hilarious.

i agree in that the cards that "should" be correcting are...and thats only because they were artificially inflated and are common in most cases.

but if I look at my current collection...all I see is dow 50K!!!!!!

Aaron Seefeldt · #9 05-16-2017, 12:25 PM

I tried, I really did, to buy a t206 green Cobb in REA but I couldn't pull the trigger on those phat prices. And then they went for even more $ in Heritage. I don't understand it. Will somebody please take a needle and puncture that balloon so I can buy one at a semi-reasonable price, please?

On a different note, hey Barry how are you? I hope you're well.

barrysloate · #10 05-16-2017, 01:39 PM

Quote:

Originally Posted by Aaron Seefeldt

I tried, I really did, to buy a t206 green Cobb in REA but I couldn't pull the trigger on those phat prices. And then they went for even more $ in Heritage. I don't understand it. Will somebody please take a needle and puncture that balloon so I can buy one at a semi-reasonable price, please?

On a different note, hey Barry how are you? I hope you're well.

Doing fine Aaron. Looks like we both dropped out of the hobby for a while and then came back around the same time. Trust you are well too.

And I agree about those crazy Green Cobbs. I'd like to buy one too but when I see those prices I just can't pull the trigger. I remember selling VG's for around $250-300 a pop. I guess those days are over.

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