A question about the current market

[hcv123]

You'd need one to properly address your question. So many factors in play. The thing that has been shocking the heck out of me is the prices some of the vintage material (particularly T206's) have been bringing at auction - really strong. Will it continue? That is the million dollar question. I can't tell you how many times I thought prices in our hobby market couldn't be sustained. I remember when PSA was getting started and I had a friend was buying any PSA 9 Clemente's he could find and spending like 5-10 times the amount raw ones were going for - I told him he was NUTS! Years later he laughed all the way to the bank Just never know.

[Farm_kid]

I like the OP's question and have been wondering a bit myself. I know I have splurged on the hobby since all the lockdown's started even as a long time collector. I now think it is the time to stop buying for a couple months and build up a war chest. Then as the lockdown reduces, the "bored-at-home-johnny-come-latelys" will lose some interest and prices will relax a bit, though not plummet.

Now that I know you are after the Green Cobb as well, I better lower my sites and go after the Cy Youngs and Walter Johnsons.

[vintagebaseballcardguy]

Originally Posted by Farm_kid

I like the OP's question and have been wondering a bit myself. I know I have splurged on the hobby since all the lockdown's started even as a long time collector. I now think it is the time to stop buying for a couple months and build up a war chest. Then as the lockdown reduces, the "bored-at-home-johnny-come-latelys" will lose some interest and prices will relax a bit, though not plummet.

Now that I know you are after the Green Cobb as well, I better lower my sites and go after the Cy Youngs and Walter Johnsons.

Go get your Cobb, and don't worry about me. I am a small fish, and need to sell off some modern to be able to make any move like that. Good luck!!

[chalupacollects]

Hold for now unless you find a good one at a good/bargain price...

Once people have pissed away there stimulus funds and find they are still furloughed or permanently cut from their jobs things will change...

Also remember most states and municipalities have delayed due dates for property taxes and the IRS has extended until July... so people are still feeling flush...

Once federal and state taxes are due on July 15th and landlords start demanding rent again and banks want mortgage payments people will start feeling pinched and start unloading...

I remember buying several huge lots from my LCS when people came in and dumped nice collections on them during 2008/2009... for real nice prices...

This recession forecasts to be a bit worse....

That's my sunny outlook for the day...