Sandy Koufax 1955 Topps 123 PSA 8

[Republicaninmass]

I think a few people were trying to manipulate the market. Now nobody wants to catch a falling knife.

[irv]

Originally Posted by Republicaninmass

I think a few people were trying to manipulate the market. Now nobody wants to catch a falling knife.

The summer of 16. Many of those cards are now hanging in limbo, imo, as most don't know what to think now as far as their true value goes.
I forget some of the numbers but I believe an 8 or 9, maybe even a 10 was well over $200k once.

Many said it wasn't likely ever really sold but one on here stated since they listed it at that price, that was the benchmark going forward.

[bobbyw8469]

Originally Posted by irv

The summer of 16. Many of those cards are now hanging in limbo, imo, as most don't know what to think now as far as their true value goes.
I forget some of the numbers but I believe an 8 or 9, maybe even a 10 was well over $200k once.

Many said it wasn't likely ever really sold but one on here stated since they listed it at that price, that was the benchmark going forward.

The market manipulation that happened on that card didn't seem to stick like it did the Clemente rookie.

[jfkheat]

You mentioned that you are an investor in ball cards. As an investor I wouldn't buy a Koufax rookie at the $9400 you mentioned or even at $8000 BLongley mentioned. The prices have been slowly dropping since they ran up a couple years ago. By this time next year the prices will probably be at or near $8000.
james

[hedgefund96]

JFK,

Yes as I strictly hold cards with a goal of selling 10-15 years down the road. I have been collecting for about 2 years BUT Koufax has got me confounded as it is a tough read. Thanks for the advise.

The following is the card:
https://www.ebay.com/itm/1955-TOPPS-...19.m1438.l2649

[Johnny630]

Hedge Fund

I wouldn’t be to quick on said card. It has a lot of print in the yellow up high in the middle of the card and on his face. It’s also a old grade, Slabbed in a newer holder. Just my opinion, following your gut. For investment purposes, at this moment, I’d hold cash for a better time to buy. I think there will be a steeper correction in the values of these cards.

[hedgefund96]

Johnny,

Yes, as I agree and I am glad that you confirmed my concern.

Thanks for the feedback.