Will this stock market madness affect cards?

[vintagebaseballcardguy]

Mickey thinks this thread needs a card.



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[buymycards]

Originally Posted by vintagebaseballcardguy

Mickey thinks this thread needs a card.



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At a card show last year with 4 of my grandsons. We went to a show in early February of this year and I am hopeful that we will be able to get to a couple more later this year.

[vintagebaseballcardguy]

Originally Posted by buymycards

At a card show last year with 4 of my grandsons. We went to a show in early February of this year and I am hopeful that we will be able to get to a couple more later this year.

Thank you for posting that! Collecting at its purest. The next generation of collectors, which is exactly what is needed.

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[AustinMike]

Originally Posted by Shoeless Moe

Who cares? We need to stop being afraid of what "could" happen? No one will say it, but I will. It's cold, but at some point, we have to not live in fear. .

So Shoeless Moe, when are you going to stop living in fear?

Originally Posted by Shoeless Moe

Approximately 7,452 die every day in the United States due to natural deaths, multiple diseases, accidents, murders, viruses, etc...….and we are going to let the Economy tank, retirement funds disappear, money for kids colleges gone, mass amounts of people potentially jobless, no paychecks, no income for some. You also run the risk of suicides, riots, looting (anybody remember the LA Riots, don't think that can't happen again) if this goes too long.

May I suggest you stop YOUR fearmongering.

Originally Posted by Shoeless Moe

We can't save everyone people. Sorry.

No, we can’t, but we CAN try to save as many as possible, despite your fearmongering about the economy.

Originally Posted by Shoeless Moe

Every American needs to do something. You can't stay inside and shield yourself from the world for 6 months, a year, however long. Everyone does that WE fail.

More fearmongering based on what?

Originally Posted by Shoeless Moe

The healthy MUST return to work soon, real soon. You are fighting for your 401K, you are fighting for your retirement, your kids college funds, you are fighting for the small businesses and for the workers who need jobs and have families, so you are fighting for the children of America.

Yet more fearmongering.

You do realize that the economy will bounce back, right?

Do you also realize that the people you want to so callously sacrifice include the ones who fought WWII? What, now they are to sacrifice their life so you don’t have to sacrifice anything? They may be the greatest generation, I may be the baby boomer generation, but you are the heartless, soulless, greedy generation.

My dad will be 90 in a few weeks. He served in the Air Force for 26 years. I don’t think he needs to be sacrificed for YOUR or anyone else’s financial benefit. My wife and I are 65+. She has asthma. I don’t think either of us should be sacrificed for YOUR or anyone else’s financial benefit. I don’t think anyone should be sacrificed for YOUR financial benefit.

So, from me, my wife, my dad, and everyone else you want to sacrifice for YOUR financial benefit let me say to you and to everyone who thinks like you, in the immortal words of the great Mickey Mantle,

[hcv123]

1) I am an Ebay seller. Had been ramping up my listings since early December. I offer items in a wide price range ($10-$4000). While I only have in the neighborhood of 300 listings, I have only made a single sale ($6) in the last week. I was selling multiple items per week prior. Looking at the microcosm of my sales, would indicate less people are buying.

2) As I understand my sales for a multitude of variables may not be an indicator of the larger marketplace I did an Ebay "sold items" lookup for the Word Clemente - It was general enough to include over 100 sales per day and a range of price points. I looked at the period from March 5th to March 25th. Week 1 - 1080 items sold. Week 2 - 1069 and Week 3 - 1121. Probably would be relevant to go back a bit further, but from those numbers it appears little has changed.

3) My "common sense" brain thinks that people with smaller card/collectible budgets will likely be more economically affected by the current events and would logically be spending less on collectibles. Where those with larger collecting budgets not so much (exceptions to both understood). Though as pointed out (possibly earlier in this thread) people have A LOT less choices of things to spend money on for entertainment and possibly have diverted some of that spending to their hobby.

4) I have tracked a number of lots in both Ebay and some off Ebay auctions - Almost all the items I tracked seemed to land at pre corona virus fair market value.

5) Regarding the sensitive risk/benefit analysis question - I am glad I am not a leader needing to make some of the difficult decisions that need to be made. Many prescription drugs kill a very small percentage of the people that use them while helping a large majority. The flu and many other illnesses kill a number of people afflicted with them. There are chemical inputs in foods, drugs and cosmetics that contribute to the deaths of a percentage of people who ingest them. When we go to war it is a foregone conclusion people will die (THANK YOU to all the veterans who have served to protect my freedoms). The longer the economy is stalled, the greater the risk of death becomes as a result. In each of those cases it is the "few" sacrificing their lives for the "many". "Risk/benefit" decisions have been made for years where lives are knowingly sacrificed for what is understood by the decision makers as "the greater good". If the economic shutdown was necessary to save 1 life - should it be done? What if that life were yours? A loved one? 10 lives? 100, 1000, 10000? I'm still struggling to find my answer to this question - for me - for today - it shouldn't happen for 1 life (even if it were mine or a loved one), but I don't know where I draw the line. This is the question our leaders need to grapple with and answer now. Godspeed that they make some good decisions.

[MULLINS5]

I'm following a few local Covid19 Facebook groups and there are people -hourly- begging for food, toilet paper, cleaning supplies, and worried about rent and other bills.

On the card side of things (aka, not very important side of things) the cards that I follow, and have followed for decades, are taking a hit and the key cards are finally selling for what they're actually worth. As I mentioned earlier, I bought an OPC Gretzky rookie PSA 4 for $520 after eBay rebates (BIN was $700) and one with similar eye-appeal sold for $521 at auction a few hours ago. That's the true price, but you see tons of BIN for higher prices and those will come down. PWCC's 1979 Hockey took a MAJOR MAJOR hit last night when PSA 9s sold for $5.50! and most at astronomically lower prices than the past. Even the Gretzky rookies did not perform great. I would have loved to get in on that - but PWCC is a hotspot for fraud and I'd rather pay more and support a collector than PWCC.

[oldjudge]

++++1000

[TNP777]

AustinMike:

[Republicaninmass]

Market madness affecting card sales, not as much


Jobless shut down madness, more likely to affect card sales.


As the old adage goes: a young man has a broken leg on floor #13 of the hospital. On that floor are 5 elderly patients, one of which needs a heart, 2 need kidneys, one a liver, and one lungs. Does anyone sacrifice the young man when he can save 5 lives? Yet this same decision is made, I'd wager more than a few hundred times a day.

Oh and the 52 high number you bought when you need 96 more, could have been medication for one person having Leprosy. One of the most debilitating diseases in the world.

Let's hope this was an overreaction, and CV runs it course swiftly. Although our options may differ, we can unite to shelter in place, and not spread this virus as directed.

[Shoeless Moe]

Originally Posted by AustinMike

So, from me, my wife, my dad, and everyone else you want to sacrifice for YOUR financial benefit let me say to you and to everyone who thinks like you, in the immortal words of the great Mickey Mantle,

That took of time & thinking on your part, I'll give you that, we all have some extra time, me too. You like to make assumptions, well maybe I should as well. You are probably retired, have a decent savings and enjoying your retirement. Must be nice.

And how you spin it, very creative. Like I said I WANT some to die. Not even close. I said LIKE WAR some will die, it's inevitable. Maybe pay more attention to what I said rather then working on your little witty comebacks. If you can prevent deaths let's here your idea? Shut America down for what 6 months? a year? 2 years? That will solve everything and cause no other problems right?

How many deaths will that create from suicides, drinking & drug problems, domestic abuse rising, rise in crime, rioting and looting which will come if people arn't at work, and unemployed for months. Not to mention countless lives ruined. So while I may not be on the popular "hey lets pat this guy on the back he said everything politically correct" side. I'm in the real world Pal.

Yet you spin it as MY financial game, such an idiot. And a small closed minded one at that, and those minions who blindly applaud you. Too dense to think about the larger picture that could be.

Probably all criticizing Trump, yet no solutions given. You can't have healthy people out of work for too long bottom line. You have your nest egg I'm sure and are probably retired and can wait this out until the end of time, but the vast majority can not, which shows I care more about people then you. 20-30% unemployed. You are good with that? You need to think about that.

Everyone needs to get back to work sooner then later..............

[Shoeless Moe]

Originally Posted by AustinMike

You do realize that the economy will bounce back, right?

and Mikey don't be so sure on this if America shuts down for 6, 12 months. You made your comments after a few good days of the Market.

Now everyone is like phew, at least the economy while taking a hit won't fall apart completely.

WRONG!!! It could very well continue to sink lower and lower if we choose the shut it down for too long.

This is a WAR. War on the virus and in wars you lose lives, now I can say the politically correct thing and say every life matters, if we lose just one its too many. Everyone says yay, pats on the back, Sorry folks how many wars do you lose 1 life?

We are gonna lose a shit ton.

The President has a tremendously (even insanely) tough job balancing this. And all you f-cks who criticize him on this, let's hear your plan?

[Shoeless Moe]

and on a baseball note which we should bring this back to.

Anyone else here the possibility of MLB starting end of MAY.

Now that would be something. Empty stands or not, I'm all for it.

PLAY BALL!!!!!! NO FEAR!!!!!!

[ullmandds]

Is there a reason the president isn't enforcing the defense production act? He goes on a tirade against GM today because the they admit they can't produce and at a higher than expected cost.

Would this be some kind of demerit...or tarnish on his precious legacy?

Oh and check out this sports card!

[Shoeless Moe]

Originally Posted by ullmandds

Is there a reason the president isn't enforcing the defense production act? He goes on a tirade against GM today because the they admit they can't produce and at a higher than expected cost.

Would this be some kind of demerit...or tarnish on his precious legacy?

Oh and check out this sports card!

How would you like to have the seat next to him on a plane, back in the day.

[Dpeck100]

Originally Posted by ullmandds

Is there a reason the president isn't enforcing the defense production act? He goes on a tirade against GM today because the they admit they can't produce and at a higher than expected cost.

Would this be some kind of demerit...or tarnish on his precious legacy?

Oh and check out this sports card!

If drinking was a sport Andre would be the greatest of all time.

That is obviously my card and it isn't going down in value.

[Dpeck100]

Originally Posted by ullmandds

Is there a reason the president isn't enforcing the defense production act? He goes on a tirade against GM today because the they admit they can't produce and at a higher than expected cost.

Would this be some kind of demerit...or tarnish on his precious legacy?

Oh and check out this sports card!

Here is a sports card for you. I have a similar situation with Tyson rookies.

[gawaintheknight]

My plan would be to listen to the experts and do what they say. But, of course, this would require Trump to admit he doesn't know what he's talking about, and he can't ever do that - he always has to present himself as the world's greatest expert on everything. Which makes him either a pathological liar or a pathological narcissist, or maybe both.

https://www.axios.com/everything-tru...7f42bcf1e.html


Ted

Originally Posted by Shoeless Moe

and Mikey don't be so sure on this if America shuts down for 6, 12 months. You made your comments after a few good days of the Market.

Now everyone is like phew, at least the economy while taking a hit won't fall apart completely.

WRONG!!! It could very well continue to sink lower and lower if we choose the shut it down for too long.

This is a WAR. War on the virus and in wars you lose lives, now I can say the politically correct thing and say every life matters, if we lose just one its too many. Everyone says yay, pats on the back, Sorry folks how many wars do you lose 1 life?

We are gonna lose a shit ton.

The President has a tremendously (even insanely) tough job balancing this. And all you f-cks who criticize him on this, let's hear your plan?

[gawaintheknight]

Meanwhile here are the experts Trump is consulting with:

https://www.huffpost.com/entry/alex-...b6256a7a2b0181

Ted

Originally Posted by gawaintheknight

My plan would be to listen to the experts and do what they say. But, of course, this would require Trump to admit he doesn't know what he's talking about, and he can't ever do that - he always has to present himself as the world's greatest expert on everything. Which makes him either a pathological liar or a pathological narcissist, or maybe both.

https://www.axios.com/everything-tru...7f42bcf1e.html


Ted