Bear market, global disruption ramping up

[Hankphenom]

Originally Posted by 100backstroke

I had high bid on T206 Johnson hands chest PSA 5 at 2,307. Just ended 2,875. Got blown out last bit, ended at quite the nice hefty price. Honestly didn't think would break 2,500.

There are trillions more dollars sitting in bank accounts today than there were a month ago, and particularly among the collector demographic, I'd guess. That money isn't going anywhere any time soon because there's no good place for it to go. I could envision a scenario where high end cards and memorabilia continue to do quite well while the hobby in general slips into a recession along with the rest of the economy.