PWCC market indices

[ullmandds]

Interesting...so does the surge in prices in 16' coincide with the artificial run up on key rookie cards from the 50's-60's? Did this attempt jump start the hobby into realizing the older cards are more rare and desirable comparatively? Did the inflated run up prices of the rookies make older top tier cards seem cheap?

[Snapolit1]

It's sort of interesting, but mildly. No problem with them doing it but certainly in their self-interest to show cards are a solid investment.

I'm sure guys selling real estate in [fill in the blank] can provide their own market analysis showing you'd be nuts not to buy a time share in [fill in the blank].

Hell, I've seen Glengarry Glenn Ross many too many times to mention.

[mantlefan]

This would be a good Master Plan:

1.Run up the prices on a few hundred cards.

2. Publish a history of the inflated prices.

3. Get an article in a financial rag touting the superiority of cards over stocks.

4. Get some financial fund guys to buy your cards at stupid prices.

5. Let the prices then fall and re-buy the cards for peanuts.

6. Retire to _____ (insert luxury site without an extradition treaty).

7. Live happily ever after.

OR

8. Go back to step 1.

[Peter_Spaeth]

The most interesting thing to me on these graphs (assuming any of them really mean anything) is that when the stock market crashed from mid 2008 to early 2009, card values remained pretty much flat.

[oldjudge]

Originally Posted by Snapolit1

It's sort of interesting, but mildly. No problem with them doing it but certainly in their self-interest to show cards are a solid investment.

I'm sure guys selling real estate in [fill in the blank] can provide their own market analysis showing you'd be nuts not to buy a time share in [fill in the blank].

Hell, I've seen Glengarry Glenn Ross many too many times to mention.

This is exactly right. Also, this index is hardly a representation of “card” values. It is basically a measure of Ruth and 1950s baseball card values. There are sectors of the card market, such as 19th century cards, that did poorly over this period.

[Snapolit1]

Statistics can tell any story you want them to. Period.

[Peter_Spaeth]

Originally Posted by Snapolit1

Statistics can tell any story you want them to. Period.

What's the saying, there are lies, damn lies, and statistics. As I mentioned, you start those charts in 2009 not 2008 and you get dramatically worse results even for the "elite" cards.

[bnorth]

Originally Posted by Snapolit1

Statistics can tell any story you want them to. Period.

^^This^^ Plus the fact even the chart shows the prices falling like a rock.

[packs]

Does PWCC have stock? It's not clear what he's trying to show with that graph. Unless you have a card, what good is it?

[frankbmd]

He needs to add a line to the graph reflecting PWCC net worth.