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#1
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There is always a risk of a market-crashing bubble popping. I figure it's like a big earthquake in the S. F. Bay Area (where I live). Eventually it's going to happen to those exponentially-high 9's and 10's. Might be next year, might be a decade away.
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#2
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MOst of this has been said already:
Simply supply and demand economics drive this - when there are more buyers than cards in a given grade, it drives prices higher. Less cards in a given grade than buyers, drives the prices down. Problem - The "investors" buy the flips" Opportunity - Buy the card not the flip at any grade level - Not all 7's, 8's, 9's or 10's are created equal. Question - are you buying for enjoyment, investment or some of both? More for enjoyment - buy the lower grades with great eye appeal. Investment - the higher grades with great eye appeal. both - well, you are going to have to figure out the balance that works for you! For me - I pay strong for cards in high grade with an absolute lack of supply - An example would be a PSA 7- 9 copy of cards where there are only 20 or less graded (in any grade). I don't pay strong for a graded 7-9, where there are hundreds or thousands of total graded copies |
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