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#11
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This doesn't exactly look like a give away.
https://www.ebay.com/itm/1955-Topps-...AAAOSwGg5eXaOd This sale makes me sick because I remember when this card was just breaking a grand. https://www.ebay.com/itm/11413708634...p2471758.m4704 A BGS 9.5 Jordan brings 21k https://www.ebay.com/itm/1986-1987-F...gAAOSwKFNeG9oG PSA 2 Mantle goes for over 20k https://www.ebay.com/itm/1952-Topps-...MAAOSwz2VeXZu1 The hobby isn't slowing down. There are so many collectors that aren't worried about the stock market and it doesn't influence their purchase decisions. I have long argued that hard assets are very attractive to many because regardless of price you still own it. The wrestling card niche that I am involved in saw explosive auction prices on the last batch of cards that were auctioned off this week. Shockingly high prices. They aren't multi thousand dollar cards but some up 400% or more from prior comps. Not everyone gets killed when the market falls. I had my biggest trade ever last week and I am kicking myself for not making the same trade yesterday that would have been incredible today. If I want to go hard after a card I am in my best position ever financially and there will be no impact from this virus on my bidding. Cash flow is king so the issue will be employment trends and in my view this is a multi month issue and the country will come roaring back. Most of the best cards don't come available frequently and so it is doubtful they will be offered during this time and so even if prices were to dip they won't on the best stuff. I posted a handful of higher profile cards and I don't see any issues with their prices. Last edited by Dpeck100; 03-13-2020 at 07:58 PM. |
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