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The economy is doing really well, at least where I live. I decided to sell an old card I had in my drive way last week....I posted it online and sold it in about 30 minutes. Housing prices are very strong. Everybody who wants one has a job, and in most cases a good paying job.
When the economy was doing really crappy in about 2008-2010 everybody was selling off their collections it seemed. There were some that wanted to sell but wouldn't at the low prices everything was going for. I don't know about any specific card, but it will circle back around. When it does a lot of people will see the value of their cards dropping and decide to cash out again.
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R Dixon |
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