Anyone watching the insane basketball card prices?

[Exhibitman]

I dunno but I sold my PSA 8 Dr. J RC over the weekend and bought a low grade replacement at less than 10% of the price. In these trying times I am not going to try and time a bubble, just set a price and when it hits, sell and replace with 'collector grade' cards. I enjoy the lower grade ones even more, frankly, since I can put them in my albums instead of dealing with those friggin' slabs. Nothing like looking through an album...Waiting on the bubbles forming on other older basketball cards so I can sell them too.

Now, if they can just inflate a bubble on postwar vintage hockey...

[jb67]

Originally Posted by Exhibitman

I dunno but I sold my PSA 8 Dr. J RC over the weekend and bought a low grade replacement at less than 10% of the price. In these trying times I am not going to try and time a bubble, just set a price and when it hits, sell and replace with 'collector grade' cards. I enjoy the lower grade ones even more, frankly, since I can put them in my albums instead of dealing with those friggin' slabs. Nothing like looking through an album...Waiting on the bubbles forming on other older basketball cards so I can sell them too.

Now, if they can just inflate a bubble on postwar vintage hockey...

I did the same thing and moved a Dr. J. rookie just over a week ago. Numbers are just too good to pass so I figured I would take the profits and invest in multiple other cards. Crazy time for basketball. I just wonder where the ceiling is on all of this. I cannot imagine it gaining much more steam but who knows.

[Exhibitman]

It is starting to spill into lesser HOFers too. Take a look at some of the 1969 Topps prices: yikes! Frazier's RC has doubled in an 8.

Even the lower graded big boys are moving. My low grade Alcindor is worth a multiple of what I invested in the entire set. A year ago it was a $200 card, now more like $550-$600

[jb67]

Originally Posted by Exhibitman

It is starting to spill into lesser HOFers too. Take a look at some of the 1969 Topps prices: yikes! Frazier's RC has doubled in an 8.

Even the lower graded big boys are moving. My low grade Alcindor is worth a multiple of what I invested in the entire set. A year ago it was a $200 card, now more like $550-$600

I noticed other Alcindor/Jabbar cards getting crazy prices. His 70, 71 and 72 card is rocketing in the lower grades as well. It is not just the rookie card with Jabbar. Much more fun following this market than the stock market that is for sure.

[esehombre]

Originally Posted by jb67

I noticed other Alcindor/Jabbar cards getting crazy prices. His 70, 71 and 72 card is rocketing in the lower grades as well. It is not just the rookie card with Jabbar. Much more fun following this market than the stock market that is for sure.

Agreed--1000 times more fun than following the stock market. Anyone see any recent sales of this one? I see a guy on Ebay with a BIN price of $250k. I have one in a 7 and would take less than half that

[talkinbaseball]

Is the Steph Curry rookie card going crazy in PSA 8 or higher? Is that also the last year Topps produced basketball?

thanks.
John

[samosa4u]

Originally Posted by Exhibitman

Now, if they can just inflate a bubble on postwar vintage hockey...

Oh God, please don't say that! We Canadians are already struggling with the weak Canadian dollar - what do you think will happen if those Gary V. maniacs start jumping all over hockey?

[cardsagain74]

The Bird/Magic rookie had settled in at around $1400 in PSA 7 and $2500 in an 8 for a few months recently (after the spring basketball boom). Then in the last two weeks, those have doubled again.

Didn't see anything from Gary V about it. Just glad I got my '80-81 set when I did

[Jewish-collector]

Oh Shoot... Now I can't even afford a Lew Alcindor rookie in poor.

[esehombre]

I remember walking into a card shop in Southern Cal summer of 1990. I saw a stack of Bird/Magics (probably 10+). Pack fresh--He had them priced at $15. I was poor as could be but managed to get 5 of them. He had unopened packs and boxes as well. Pretty much as many as you could buy. If i remember right the packs were $2 a pack and i was able to assemble an entire set--never got the Bird/Magic but got both Bird and Magic alone. That set was one of the most challenging to put together in terms of navigating through the 3 player per card phenomenon. Fun and satisfying though and i still have the set as a reminder of a really cool time to collect.

[irv]

I had forgotten about this card that I heard about on my local radio station. My wife recently asked about it as I was telling her so I decided to look it up.

With the recent exposure this card and others have gotten, is it any wonder why things are so hot currently? (one of many articles on it)
https://www.washingtonpost.com/sport...rd-18-million/

[Exhibitman]

The nuttiness continues. I recently wondered if I could get $2500 for my Bill Russell RC in a 1.5 holder, only to discover that one sold for $3,199!