10K for a Young portrait in a 5

[Peter_Spaeth]

Originally Posted by Leon

What is the end game? Do you think all (or a whole lot of) decent looking HOF T206s can be bought and their price be manipulated? I remember having a similar conversation with an authority when the Pete Rose RC manipulation happened. We laughed at the thought. There are just too many, of those and these, for there to be a sustainable manipulation, it seems. I wish I got those (manipulation) kinds of prices when I sold my first collection.

I don't know if it's manipulation or just people making irrational purchases, but I am just skeptical of dramatic price changes in commodity cards and have my doubts that it will last. Midgrade T206s, even attractive ones, are nothing at all new or rare.

[mechanicalman]

Originally Posted by Peter_Spaeth

I don't know if it's manipulation or just people making irrational purchases, but I am just skeptical of dramatic price changes in commodity cards and have my doubts that it will last. Midgrade T206s, even attractive ones, are nothing at all new or rare.

I fundamentally disagree with your premise that the cards seeing the greatest premiums are "commodities." The one's I've seen shoot the highest in price were extremely well centered, and in my observation, those kinds of cards are far rarer, and trade less frequently, than people give them credit for. I would agree with you 100% if we we're seeing any basic Cobb 4 take off, but the premiums paid seem very selective in my view.

[Peter_Spaeth]

Originally Posted by mechanicalman

I fundamentally disagree with your premise that the cards seeing the greatest premiums are "commodities." The one's I've seen shoot the highest in price were extremely well centered, and in my observation, those kinds of cards are far rarer, and trade less frequently, than people give them credit for. I would agree with you 100% if we we're seeing any basic Cobb 4 take off, but the premiums paid seem very selective in my view.

Sam, perhaps that was the wrong word, but then again it's never been that hard to find midgrade centered examples, has it? Why all of a sudden when these same cards, well centered, have been selling at much lower levels for years?

Again, we're talking about rapid and dramatic price increases, not a gradual rise over time.