Yahoo Finance - cards booming

[rjackson44]

The new stock market

[rats60]

Mile High’s t206 Wagner sells for 1.17. Million Dollars a gain of 560k over the last sale. It is not just modern that booming.

[chriskim]

Originally Posted by rats60

Mile High’s t206 Wagner sells for 1.17. Million Dollars a gain of 560k over the last sale. It is not just modern that booming.

Mile High's Wagner could have gone higher but Goldin's Wagner takes some of the spotlight. Many people who are Wagner PSA-1 hungry didn't bid heavy on Mile High's Wagner for sure since there's a next one just around the corner and don't need to wait for years again.

[rats60]

Originally Posted by chriskim

Mile High's Wagner could have gone higher but Goldin's Wagner takes some of the spotlight. Many people who are Wagner PSA-1 hungry didn't bid heavy on Mile High's Wagner for sure since there's a next one just around the corner and don't need to wait for years again.

We will see. The Goldin Wagner looks to be in slightly better condition with less heavy creasing but one of the corners looks torn off. Is there a third person willing to pay a million plus? There can't be that many people with a million dollars to spend on a baseball card. If there is, I would expect it to go even higher. What is Ken Kendrick's Wagner now? 20-25 million?

[etsmith]

One estimate says there are nearly 15 million millionaires in just the USA alone.

[Republicaninmass]

...and when everyone and their neighbor is citing how easy it is to make money buying and selling cards, the top has passed. Oh I hope the trend continues, but I've seen it too many times in sportscards, housing, etc

[Exhibitman]

If you have a long-time owned home in a major coastal urban center and a small retirement nest egg odds are you have a million dollars in assets


...but you sure as hell won't feel like a millionaire.

[Yoda]

Is it safe to say that the unreal appreciation of modern basketball cards has been lead by the Jordon rookie card? I don't really follow basketball much, but I did see that the Bill Russel rookie card just went for a juicy number so I guess vintage is prospering, too.