ESPN Article Today on Sports Cards

[Dpeck100]

Originally Posted by Exhibitman

When it hits mainstream media like that the stupid money comes in. This is gonna be interesting.

That was a very well done article, BTW, thanks for sharing it.

There are obviously some cards that the prices have corrected on but plenty more where they keep going strong. People are dreaming if they think this thing is going to die overnight.

Thursday the Jordan PSA 10 that was offered at 100k on the Collectable App sold out in 11 minutes.

When the stock market advances there are many stocks going up and many going down. Not everything has to rise at the same time for it to be a bull market. The sheer number of cards being graded by the three grading companies and the exploding bidding lists are a better tell of the health of the market vs. a few specific cards. PSA as of two weeks ago was receiving 250k cards a week and that annualizes at 13,000,000 cards. A year earlier they were at 3,536,000 and that was a huge number up from mid 2's the year before. When I started getting cards graded in 2010 they were in the 1.4 to 1.6 million range and many argued that was unsustainable.

You are going to keep seeing eye popping auctions results. This thing has a ways to go.