Card prices skyrocketing

[Frank A]

Originally Posted by jboosted92

i literally went blind reading this paragraph

lmfao

[Yoda]

A short personal story about card price appreciation: I consigned to a well-known AH a PSA RC of Rickie Henderson for a recent auction. I was told it should fetch about $1,000, which what I sort of figured given recent sales of the card at the time. It sold for $1,100, and I was a happy boy.
Fast forward 3 months to the present and Rickie is all over Ebay at between $3,000 -3800. And we all know there are a bazillion Rickeys out there. Good Grief.
I have a couple in for grading at PSA which will probably make their way back to me when the Mars Rover completes its mission and Rickies are worth $25.

[Aquarian Sports Cards]

John, How do you think I felt selling a Jordan rookie in PSA 9 for a consignor for 16k and being happy with the sale...

...at the time.

[pokerplyr80]

Originally Posted by Aquarian Sports Cards

John, How do you think I felt selling a Jordan rookie in PSA 9 for a consignor for 16k and being happy with the sale...

...at the time.

You should feel fine if it went for that it was worth at the time. Obviously we'd all take any card back that was sold more than a month or so ago at today's prices. But I certainly wouldn't blame the AH that sold it just because the market changed.

[Aquarian Sports Cards]

Originally Posted by pokerplyr80

You should feel fine if it went for that it was worth at the time. Obviously we'd all take any card back that was sold more than a month or so ago at today's prices. But I certainly wouldn't blame the AH that sold it just because the market changed.

I appreciate that and of course rationally I know that, but still when people rely on you to maximize their return it's hard not to second guess yourself.

[Casey2296]

Originally Posted by Aquarian Sports Cards

I appreciate that and of course rationally I know that, but still when people rely on you to maximize their return it's hard not to second guess yourself.

Your job is to maximize a sellers return once they have decided to sell, nobody can expect you to predict the future.

[cardsagain74]

Originally Posted by Aquarian Sports Cards

I appreciate that and of course rationally I know that, but still when people rely on you to maximize their return it's hard not to second guess yourself.

Yep but (and I know you know this) your part in "maximizing their return" doesn't spill over into helping them time the market.

Your conscience about it speaks very highly of your character though

[Yoda]

Originally Posted by Aquarian Sports Cards

John, How do you think I felt selling a Jordan rookie in PSA 9 for a consignor for 16k and being happy with the sale...

...at the time.

Scott, I feel slightly nauseous considering what it would go for today. A '33 Goudey Ruth #53 on REA PSA 5 with the auction now in extending bidding was $55K last time I checked. That must be a record for the grade.

[pokerplyr80]

Originally Posted by Yoda

Scott, I feel slightly nauseous considering what it would go for today. A '33 Goudey Ruth #53 on REA PSA 5 with the auction now in extending bidding was $55K last time I checked. That must be a record for the grade.

If you're talking about the SGC 5 ending tonight it's at 90k right now.

[rjackson44]

I sold two lebron chrome 2003 rookies psa 10 66 k for both ,,a 24 year old kid bought them ,,i guess the market stinks ,,,

[Seven]

Originally Posted by rjackson44

I sold two lebron chrome 2003 rookies psa 10 66 k for both ,,a 24 year old kid bought them ,,i guess the market stinks ,,,

the better question is where does a 24 year old get 66K from? He either works in Finance or his father must have deep pockets