Card prices skyrocketing

[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

[Seven]

Originally Posted by campyfan39

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

If It's worth 700 ten years from now, I will personally buy everyone in this thread a beer at wherever the 2031 National is being held

[joshuanip]

In the current Heritage Auction, I bid 130% over the last sales price (after buyer premium and taxes) and was outbid the same day.... there’s tons of time left and not a small $ card too!

Like housing, people are draining the supply and what few gems are out there are being overbid. Don’t know how I can buy another card at these conditions.

[2dueces]

When I came back to the hobby in 1998 I began purchasing T206’s again. Thanks to Barry Sloate (hi Barry) I was able to buy large lots from him in the $2-3K range. I decided I’d just collect portraits so I culled, traded, bought and sold until I have about 200 in the 1-5 range, PSA and SGC both common, HOF’s and semi rare backs. Hadn’t inventoried in about 5 years but last night noted recent eBay sales and the collection is up about 30% since last I checked. Is the high end towing my trailer collection. Is it a recent trend with soaring prices or has it been gradual and I haven’t noticed?