Current Market Conditions - Question

[Rhotchkiss]

Originally Posted by Johnny630

I think Quality Stuff is only going to continue to go up unless the US Economy go through a steep decline. The next 12-18 months should be smooth after that who knows.

This is a big change in opinion, no? I agree with you. But I recall many adamant posts by you a while back to sell, sell, sell and that we are headed for a crash. Why have you now changed your mind?

Regarding the OP’s topic, see a thread a started a week or so ago asking new people to the site why they have started collecting/returned to the hobby after a hiatus. Many were bored during Lockdowns and came across cards some way or another and it sparked/re-lit a flame. I think that, and the fact that cards are increasingly more often considered a viable alternative investment, is why the hobby has become a market.

[mintacular]

I started watching YouTube content for cards in midyear 2019 and also a few podcasts. By early 2020 (right before COVID), the amount of new channels / investors, etc. EXPLODED. I think this type of exposure to the hobby changed the landscape forever and COVID spiked interest further. In short, the ability to showcase your cards / get the online "pat on the back" has made collecting cards into something even your wildest dreams couldn't fulfill

[Johnny630]

Originally Posted by Rhotchkiss

This is a big change in opinion, no? I agree with you. But I recall many adamant posts by you a while back to sell, sell, sell and that we are headed for a crash. Why have you now changed your mind?

Regarding the OP’s topic, see a thread a started a week or so ago asking new people to the site why they have started collecting/returned to the hobby after a hiatus. Many were bored during Lockdowns and came across cards some way or another and it sparked/re-lit a flame. I think that, and the fact that cards are increasingly more often considered a viable alternative investment, is why the hobby has become a market.

I still think now is a great time to sell not the time to be chasing. Can also say I was wrong back when I said to sell everything the crash could be coming, now it looks like the complete opposite to me lol maybe now it’s time to sell idk.

Like a guy said about the Creme Ruth, Cobb, Jackie, and Mantle would hold these. These names are last cards anyone wants to sell and people who know nothing about Baseball or Cards know who those 4 guys are.

[samosa4u]

Originally Posted by Johnny630

Like a guy said about the Creme Ruth, Cobb, Jackie, and Mantle would hold these. These names are last cards anyone wants to sell and people who know nothing about Baseball or Cards know who those 4 guys are.

Too bad you didn't hold your Mantle rookie! That was a nice one!

[Seven]

Originally Posted by Johnny630

I still think now is a great time to sell not the time to be chasing. Can also say I was wrong back when I said to sell everything the crash could be coming, now it looks like the complete opposite to me lol maybe now it’s time to sell idk.

Like a guy said about the Creme Ruth, Cobb, Jackie, and Mantle would hold these. These names are last cards anyone wants to sell and people who know nothing about Baseball or Cards know who those 4 guys are.

Jackie saw a meteoric rise this year with all the stuff going on with the NBL. I still firmly believe that Mantle prices will see a slight decline as more of the people that idolize him, get up there in age, and eventually look to sell their Mantles, thus more of them hitting the market. Come to think of it the only mainstream cards of his that really set you back are the 52 Topps and 51 Bowman. Any of his other cards can be found in various conditions for 1K or less.

Ruth and Cobb will forever be big draws. Ruth more so because as well known as Cobb is, the Babe is the face of baseball in many ways, to the point where everyone knows who he is. Cobb is certainly the face of the Dead Ball Era IMO.

I still stand firmly by the belief that some prices will come down, post Covid. I suppose we'll revisit my opinion next December when things are back to normal.