Bursting Bubble

[Peter_Spaeth]

Originally Posted by Johnny630

Stuff is already coming down. Factored in By money Being Spent on Travel, leisure, and entertainment from the reopening, along with higher taxes and increase in gas price it’s going to stabilized the last 3-4 months was mostly IMO emotional buying.

It isn't coming down for anything I want to buy LOL.

[Johnny630]

Originally Posted by Peter_Spaeth

It isn't coming down for anything I want to buy LOL.

Mine either, lol. It’s cause we have such good taste in cards !!

A lot will be the modern, it won’t make sense for them to send in modern for 10’s
The price increase that should stop a lot of that over inflated stuff.

[Yoda]

I think one factor that bears consideration is the huge cards that are sitting with the TPGers, many that have been there since the dawn of time. As these cards slowly make their way to the marketplace, particularly the marquee players, the supply/demand equation will begin to change. If a dozen or so Jordon 9's and a couple of 10's hit the market, I don't know what the demand will be if most of the high rollers already have one tucked into their portfolios. Price decline or more bidders who want to join the party? Still, I doubt that there are too many #53 Goudey Ruths 6 or 7's waiting in the pipeline.

[Peter_Spaeth]

If and when Jordan 10s come down I think it much more likely will be because the lunatic maximum prices were manipulated/deliberately pushed rather than that supply will outpace demand.

[mintacular]

Kinda hard to answer this question, but here I go:

(1) We will never go back to a normal of pre-2020 when many cards were underpriced--now that the investor class has sunk their fangs into our hobby

(2) The 10M backlog at PSA if and when it ever gets resolved will significantly whack many overproduced junk era or modern base popular rookies (think 90 OPC Jagr--I currently have 15 at PSA)

(3) Vintage classics/iconic cards (like Gretzky RC, Clemente RC, etc.) might cool/come down a bit but won't ever return to a pre-2020 price level due to their (relative) scarcity

(4) True collectors will buy mostly raw (yes I understand there are exceptions, buying high dollar graded cards is ok) and the investor/flipper class will rely (and overpay) on TPG's since they don't know anything about cards and can't grade for themselves due to their incompetence/ignorance

JMO, Who the hell really knows ? LOL!!! Enjoy the hobby!!

[jingram058]

Originally Posted by mintacular

Kinda hard to answer this question, but here I go:

(1) We will never go back to a normal of pre-2020 when many cards were underpriced--now that the investor class has sunk their fangs into our hobby

(2) The 10M backlog at PSA if and when it ever gets resolved will significantly whack many overproduced junk era or modern base popular rookies (think 90 OPC Jagr--I currently have 15 at PSA)

(3) Vintage classics/iconic cards (like Gretzky RC, Clemente RC, etc.) might cool/come down a bit but won't ever return to a pre-2020 price level due to their (relative) scarcity

(4) True collectors will buy mostly raw (yes I understand there are exceptions, buying high dollar graded cards is ok) and the investor/flipper class will rely (and overpay) on TPG's since they don't know anything about cards and can't grade for themselves due to their incompetence/ignorance

JMO, Who the hell really knows ? LOL!!! Enjoy the hobby!!

I agree, but I am "The Cooler" on this forum. Anytime I post a reply on most any thread, it's the kiss of death...no more replies.

[JollyElm]

For my money, I think the cream of the crop superstars/HOF'ers/etc. will continue to rise (or stay put in their already elevated state) and sorta stay in the ionosphere going forward. But the bubble is going to have to burst regarding the 'lesser' cards which were thrown aboard the quick-moving baseball card market escalator. I mean, seeing the asking prices of some vintage higher grade commons is just crazy.

[Seven]

Be prepared for another rise. With the new set of stimulus checks hitting bank accounts, I won't be surprised if some of the lower end of vintage gets affected more.

$1400 Is one of an early Jackie, Mantle, DiMaggio or Williams in lower grades.