Bursting Bubble

[joshuanip]

Originally Posted by dio

Prices are softening. Not much bidder at heritage that ends in 3 days

To your point, I have just found better places to put my capital (today).... I still have my eye on two lots, but cutting bait on the rest...

[Peter_Spaeth]

If prices are softening, you wouldn't know it by various ebay auctions I saw last night where I felt like, in the words of the Disney song (and very politically incorrect one), I had seen an elephant fly.

[troutbum97]

Originally Posted by Peter_Spaeth

If prices are softening, you wouldn't know it by various ebay auctions I saw last night where I felt like, in the words of the Disney song (and very politically incorrect one), I had seen an elephant fly.

Probstein sold a 1950 Bowman Jackie Robinson in a PSA 3 on Tuesday night for $4,308. I mean. WTF !!??

Flying elephant right there.

[Exhibitman]

Originally Posted by troutbum97

Probstein sold a 1950 Bowman Jackie Robinson in a PSA 3 on Tuesday night for $4,308.

Did they, though?

[MattyC]

If collectors take a deeper, critical look into the PSA 10 Jordan sale spikes that ignited much of this frenzy or that Rock card that garnered some press, for example, I think eyebrows will be raised at the underlying dynamics. We may ultimately look back and see this whole house of cards, this frenzy, was touched off by actions borne of conflicted interests.

[mechanicalman]

Originally Posted by MattyC

If collectors take a deeper, critical look into the PSA 10 Jordan sale spikes that ignited much of this frenzy or that Rock card that garnered some press, for example, I think eyebrows will be raised at the underlying dynamics. We may ultimately look back and see this whole house of cards, this frenzy, was touched off by actions borne of conflicted interests.

It’s hard to imagine an auction house receiving $40mm in investment, with all the legal and financial due diligence that goes into such transactions, if there were a number of fake sales, and therefore, false financials, on the books.

[MattyC]

I'm not at all saying the sales were fake.

[Peter_Spaeth]

Originally Posted by Exhibitman

Did they, though?

I saw 10 auctions or more last night that I absolutely could not believe. Funny how many were PWCC. I mean who knows. But 3K plus for a USAIN BOLT??

My favorite was 33K for a not that difficult Messi sticker in a Beckett 9.5.

Stunning.

[mechanicalman]

Originally Posted by Peter_Spaeth

I saw 10 auctions or more last night that I absolutely could not believe. Funny how many were PWCC. I mean who knows. But 3K plus for a USAIN BOLT??

My favorite was 33K for a not that difficult Messi sticker in a Beckett 9.5.

Stunning.

With all due respect, it seems like you’ve been stunned by prices for as long as I’ve been on this board.

[Peter_Spaeth]

Originally Posted by mechanicalman

With all due respect, it seems like you’ve been stunned by prices for as long as I’ve been on this board.

Was I wrong to be in 2016?

[Wanaselja]

Originally Posted by troutbum97

Probstein sold a 1950 Bowman Jackie Robinson in a PSA 3 on Tuesday night for $4,308. I mean. WTF !!??

Flying elephant right there.

PWCC has a PSA 4.5 ending tonight that’s at $5500.

[troutbum97]

Originally Posted by Wanaselja

PWCC has a PSA 4.5 ending tonight that’s at $5500.

LMFAO -

Great catch. I have a bunch of early, low placeholder bids on PWCC material that ends tonight just to see if my laptop melts.

[Touch'EmAll]

Someone already pointed out - but the sheer quantity of PSA '54 Banks cards floors me. I thought that was a tough, seldom seen card.

[troutbum97]

Originally Posted by Wanaselja

PWCC has a PSA 4.5 ending tonight that’s at $5500.

That 1950 Bowman J. Robinson PSA 4.5 sold for $5,877.

Did you see the 51 Bowman Mantle / PSA 3? Hammer price: $29,100

A centered PSA 4 Clemente 55T RC hit $6,377.

[dio]

Originally Posted by troutbum97

That 1950 Bowman J. Robinson PSA 4.5 sold for $5,877.

Did you see the 51 Bowman Mantle / PSA 3? Hammer price: $29,100

A centered PSA 4 Clemente 55T RC hit $6,377.

The one psa 7 aaron sold today for 23k, that's a weaker one
There's a few lower grade one went lower than previous few weeks, i think the death affect has worn out now starting to stabilize

the mantle psa 3 not as good as the one sold here a month or two ago , i think the price is about the same.

[moogpowell]

PWCC (Prices Will Consistently Climb)

[pokerplyr80]

An 82T Ripken sold for 20k last night. I thought 10k last week was crazy. A few cards may have slowed down, but others sure are speeding up. There may be a group buying some of these cards as they were in 2016. Possibly just buying cards from each other. But I don't see key Mantle, Ruth, Gehrig, and Cobb cards coming back down. Some of these 80s cards feel like a bubble ready to burst anyday.

[Exhibitman]

Originally Posted by troutbum97

That 1950 Bowman J. Robinson PSA 4.5 sold for $5,877.

Did you see the 51 Bowman Mantle / PSA 3? Hammer price: $29,100

A centered PSA 4 Clemente 55T RC hit $6,377.

Allegedly.