Card prices skyrocketing

[68Hawk]

Originally Posted by Casey2296

Is this card worth 3K?

When a non-descript new sofa and couple of matching chairs run you the same number, that you will discard or sell for peanuts in ten years at a garage sale, then yes, owning something that will be preserved and desired by many going forward is easily worth 3k.

People need to dispose of their imagination that limits card collecting to a casual affordable hobby whose focus was assembling full collections of certain issues, or teams, or favorite players, and onto the new reality that today we value collecting and keeping certain things that speak to us. And JUST those things that speak to us, not the surrounding flotsam.
In Net54 speak, it's about being a type collector or HOF collector rather than set collector. Using your available resources to target only what you most desire to see every day.

Young people 20-40 years old aren't as wedded to the aquisition of their first home as a settling stone foundation to an early marriage, or future wealth basis.
They want to surround themselves with things that speak to their experiences, some sporting, some musical perhaps, and a litany of others.
They get paid great money, they're not raising kids, they either grew up during or hearing later about the dot com bubble and how some made their riches, the fact their parents bet and continue to bet most of their entire retirement on some vague thing called stocks and futures and stuff - most of which are based on trading and questionable book keeping rather than a true representation of companies production and worth - and think 'sure', a green Cobb sounds cool and at least as worthy of worth.
'No, maybe can't afford a $40K example, but 3K, yep - is it legible?'
The condition isn't the qualifier, but rather the opportunity for ownership against competing interest.

If you don't revamp your thinking of what this 'hobby' has evolved into, you'll be stuck wondering the same stuff over and over again and unable to understand the opportunities it will raise for you......especially if you have reasonable hobby knowledge.

These new investors don't learn thaaaat much before making a decision, they go with name recognition, where they see the money moving and seeming general interest to reside.
So if as a vintage hobbyist you know the hobby icons that will be most valuable going forward, the scarcity of those players issues and historical desirability thereof, you will be able to navigate and safely either purchase to own, or trade in and out of to improve your collection or wealth going forward.

Strap up if you want to participate, it's a new world.