Card prices skyrocketing

[troutbum97]

I think in discussing a future crash or bubble, the discussion must be differentiated between (1) Modern and (2) Vintage.

Last time I checked, they're not printing any new T206s or 1933 Goudeys next year.

And the chances that Ty Cobb, Honus Wagner or Babe Ruth suffer season-ending ACLs next year are exactly 0%.

[68Hawk]

Originally Posted by troutbum97

I think in discussing a future crash or bubble, the discussion must be differentiated between (1) Modern and (2) Vintage.

Last time I checked, they're not printing any new T206s or 1933 Goudeys next year.

And the chances that Ty Cobb, Honus Wagner or Babe Ruth suffer season-ending ACLs next year are exactly 0%.

They're not printing new 2017 National Treasure RPA's out of 5, 25, or 99 either.
Mahomes collectors, of which there are many many more than Ruth collectors, have a limited number of rookie cards to go after.
Are there many issues etc from the various companies giving various rookie options for that year? Sure, but hardly a drop in comparison to the demand and thus the trade back and forth between those who have, and those who want. The mass released/non-numbered are worth a few dollars and everyone gets one for fun if they like, the limited stuff has the same significance as small back run T206's or other hard to find vintage.

People who mock modern on here have zero clue.
It's like Cobb is some superhero athlete of yore worth silly collecting money, but Jeter or Trout are just shmoes whose rookie cards are mere cardboard.

Guess what everyone.
Both are made of the same material, and todays offerings are no less worthy than those of the distant past.
YOUR interest may be less, but that hardly equates to the modern product being so endlessly shit-trucked.

The above is not all directed at you troutbum.

[sgbernard]

I was cruising eBay tonight and was going to post something but saw this thread. ‘89 UD Griffey PSA 10s are edging towards $4,000. That is insane quick growth. Ok, now I’ve calmed down and I’m going back to the OP to read what you guys think about this

[rats60]

Look at the 2 PSA 10 Jordan RCs with Goldin. I don't think any card is increasing faster than the Jordan RC.

[ullmandds]

Originally Posted by rats60

Look at the 2 PSA 10 Jordan RCs with Goldin. I don't think any card is increasing faster than the Jordan RC.

it's a pretty rare card!

[pokerplyr80]

Originally Posted by sgbernard

I was cruising eBay tonight and was going to post something but saw this thread. ‘89 UD Griffey PSA 10s are edging towards $4,000. That is insane quick growth. Ok, now I’ve calmed down and I’m going back to the OP to read what you guys think about this

Yea I just noticed the same. I bought a couple a few years back for $200. When they hit $500 it seemed over valued given the population. Pretty much any 80s rookie has seen a similar jump that I have noticed. It will be interesting to see how this plays out. I won't be buying much at these prices

[Jdoggs]

Both Jordan fleer psa 10 rookies at $720k each currently at goldin auctions!

[ullmandds]

Originally Posted by Jdoggs

Both Jordan fleer psa 10 rookies at $720k each currently at goldin auctions!

i almost bought one for 15k a few years ago...I just couldn't do it!!!

[cardsagain74]

Originally Posted by Jdoggs

Both Jordan fleer psa 10 rookies at $720k each currently at goldin auctions!

Not sure what's more difficult to wrap my head around: this, or someone in a neighbor thread who just said his cards aren't part of his net worth.

Just going to accept that it's an alternate universe this evening and go from there.

[rats60]

Originally Posted by Jdoggs

Both Jordan fleer psa 10 rookies at $720k each currently at goldin auctions!

One sold on eBay yesterday for 350k.

[tkd]

Obviously there is big money in this hobby. But I don't think everyone buying this stuff has a bunch of money sitting around. I'd imagine some are borrowing money or taking out a second mortgage to buy big cards with the hope of making profit.

[troutbum97]

Originally Posted by 68Hawk

They're not printing new 2017 National Treasure RPA's out of 5, 25, or 99 either.
Mahomes collectors, of which there are many many more than Ruth collectors, have a limited number of rookie cards to go after.
Are there many issues etc from the various companies giving various rookie options for that year? Sure, but hardly a drop in comparison to the demand and thus the trade back and forth between those who have, and those who want. The mass released/non-numbered are worth a few dollars and everyone gets one for fun if they like, the limited stuff has the same significance as small back run T206's or other hard to find vintage.

People who mock modern on here have zero clue.
It's like Cobb is some superhero athlete of yore worth silly collecting money, but Jeter or Trout are just shmoes whose rookie cards are mere cardboard.

Guess what everyone.
Both are made of the same material, and todays offerings are no less worthy than those of the distant past.
YOUR interest may be less, but that hardly equates to the modern product being so endlessly shit-trucked.

The above is not all directed at you troutbum.

Eh - difference in opinion, possibly.

There will always be a market for iconic vintage. There have been collectors after certain cards for decades, even lifetimes. There will always be a base demand for a Goudey Ruth or Cracker Jack Shoeless Joe - or even a T206 Mordecai Brown or '41 Playball Ted Williams - even during a recession.


Modern? Many of the hot rookies, insert or chase cards in modern hold the attention span of the masses barely long enough until the next patch card to chase or must-have draft pick? People are dropping $100s & $1,000s on patch cards of players who are barely all-stars or who haven't even played yet (Jasson Dominguez).

Not every hot modern card is of Mike Trout, Michael Jordan & Derek Jeter.

[Tyruscobb]

In 2010 or 2011, I purchased a raw T-206 green portrait Ty Cobb card for right around $450.00. It is a beater and would probably grade an A or a 1. My card is at least intact.

Almost a decade later, approximately 60% of one (even with several creases) will probably blow past the price I paid for a whole one. I'll be monitoring this auction to see its final hammer price.

With this market, I'll predict $750.00, and set the over-under at this price. What do you all think? Over or under $750.00?

https://www.ebay.com/itm/RARE-1909-1...wAAOSw22FgFgWo

[Seven]

Originally Posted by Tyruscobb

In 2010 or 2011, I purchased a raw T-206 green portrait Ty Cobb card for right around $450.00. It is a beater and would probably grade an A or a 1. My card is at least intact.

Almost a decade later, approximately 60% of one (even with several creases) will probably blow past the price I paid for a whole one. I'll be monitoring this auction to see its final hammer price.

With this market, I'll predict $750.00, and set the over-under at this price. What do you all think? Over or under $750.00?

https://www.ebay.com/itm/RARE-1909-1...wAAOSw22FgFgWo

Wow. I cannot get over this. It's literally a cut out, floating head, and seeing how this market is going, it's going to top 750.

[jayshum]

Originally Posted by Seven

Wow. I cannot get over this. It's literally a cut out, floating head, and seeing how this market is going, it's going to top 750.

I never knew there was a die cut version of the T206 set.

[Tyruscobb]

Originally Posted by Seven

Wow. I cannot get over this. It's literally a cut out, floating head, and seeing how this market is going, it's going to top 750.

Wow. Hammered at $785.00 - not including shipping or taxes. This sale epitomizes just how hot the market is right now.

https://www.ebay.com/itm/RARE-1909-1...wAAOSw22FgFgWo

[campyfan39]

That is absolutely insane.
Is there any way that thing is worth 700$ ten years from now?

Originally Posted by Tyruscobb

Wow. Hammered at $785.00 - not including shipping or taxes. This sale epitomizes just how hot the market is right now.

https://www.ebay.com/itm/RARE-1909-1...wAAOSw22FgFgWo

[Fuddjcal]

Originally Posted by 68Hawk

They're not printing new 2017 National Treasure RPA's out of 5, 25, or 99 either.
Mahomes collectors, of which there are many many more than Ruth collectors, have a limited number of rookie cards to go after.
Are there many issues etc from the various companies giving various rookie options for that year? Sure, but hardly a drop in comparison to the demand and thus the trade back and forth between those who have, and those who want. The mass released/non-numbered are worth a few dollars and everyone gets one for fun if they like, the limited stuff has the same significance as small back run T206's or other hard to find vintage.

People who mock modern on here have zero clue.
It's like Cobb is some superhero athlete of yore worth silly collecting money, but Jeter or Trout are just shmoes whose rookie cards are mere cardboard.

Guess what everyone.
Both are made of the same material, and todays offerings are no less worthy than those of the distant past.
YOUR interest may be less, but that hardly equates to the modern product being so endlessly shit-trucked.

The above is not all directed at you troutbum.

mock mock mock 1980's 8 year old investors. mock.