Anyone watching the insane basketball card prices?

[samosa4u]

Let's stop and think here for a second.

New money ... cards from all genres have taken off ...

Is this true?

First, let me ask you this: if we were to select fifty different collectors from this forum and you were to ask them to name you their top three sports cards, then you'd probably get fifty different lists, right?

So, if new money is coming in from different people, then shouldn't all cards or most cards be going up? Think about it ... a Leaf Jackie has quadrupled in value, whereas the Bowman Mays hasn't gone up a dime. Are there more Jackie fans than Mays? I don't think so. Mays was the greatest. By the way, I own both cards, and so I'm not trying to pump one and shit on the other.

The Clemente hasn't gone up and nor has the Koufax or the Aaron. Vintage baseball is meh.

The OPC Gretzky is on fire, but the rest of hockey is not.

Boxing is flat too (except for maybe a few Ali cards).

[Dpeck100]

There are loads of cards going up in value. Perhaps some are going up more which I think is natural but all one must do is look online and it is pretty easy to see.

I focus on wrestling, a few boxers, and cards of wrestlers from other sports and this list has been scorching hot. In wrestling Hogan, Andre, Flair, The Rock, Steve Austin, Undertaker, and some others have gone up the most. I think you are seeing a lot of collectors focus on the biggest stars. A few nights ago a 1982 Wrestling All Stars Dick The Bruiser PSA 8 went for $62. Is that up from a year ago? Yes. This was a $40 card so up over 50%. I think that is great. In the same auction a PSA 7 82 Hogan went for $2,025. This is up over 600%. Obviously a huge divergence but still both are up.

A BGS 8 1986 Panini Tyson went for $7,300. This is up over 1,700% in the past year. In the same auction a PSA 9 1991 Ringlords went for $270 and that is up 800% and so you are also seeing lots of variance within the same athlete by card. Even PSA 6's of Tyson are in high demand. A board member here just sold a UK back for over 2k and he had offers even higher after the auction closed so you are seeing high demand for star cards even in more modest grades.

The 1994 Miami Hurricanes Dwayne Johnson has exploded. A PSA 10 went for over 6k the other night and this was a $725 card. There are plenty of Rock cards from older wrestling sets that have probably barely moved in valued because of lack of demand. Collectors are focusing on athletes best cards or their rookie card.

Taking this back to basketball.Check out the price on this Hakeem PSA 10. $8,600 with three days to go.

https://www.ebay.com/itm/1986-Fleer-...QAAOSwAnJfRcBk

There is a PSA 8 at over $300.

I honestly don't see how anyone could be watching card listings and not see prices going up.

[samosa4u]

Yes, I know the AS Hogans and Panini Tysons are on fire (you don't have to keep pointing that out, David! lol).

I have been watching eBay sales, and I think that certain cards are being targeted here. I could write you a list of about twenty or thirty cards that have exploded, and at the same time, I could name you about a hundred popular cards that have not gone up a dime. Why is that? Isn't new money pouring in from all over America? It makes no sense to me that a 1957 Topps Bill Russell can go from $3,000 to 30,000 USD in just a few weeks, and yet, the 1955 Topps Sandy Koufax stays flat. It just doesn't.

[Exhibitman]

Looks like Cousy is next up...

[jad22]

Originally Posted by Exhibitman

Looks like Cousy is next up...

Insane prices for Cousy currently.

[Exhibitman]

I haven't paid attention to hockey cards lately. What's hot there? Anything?

[samosa4u]

Vintage hockey has gone up a little bit, but nothing worthy of discussion.

Now, let's get back to basketball cards because there is something I want to point out to all of you on here:

1972 Topps J. Erving PSA 8 eBay sales in US dollars:

Aug 23 - $9,600
Aug 24 - $7,600
Aug 31 - $7,001
Aug 31 - $7,400
Aug 31 - $8,100
Sept 7 - $3,850
Sept 7 - $3,700
Sept 7 - $3,550.71
Sept 7 - $5,100
Sept 10 - $3,935

Whoa!!! What the hell suddenly happened? How the hell does a card lose thousands of dollars in just a couple of weeks? What happened to all the NEW MONEY now, huh?