Bursting Bubble

[Cmvorce]

It’s such a strange feeling. I look at the cards I have and I’m ecstatic because they are going for so much more than I paid for them, but I’m not sure it really matters because I don’t think I’ll ever sell them.

Then, I think about the cards I don’t have and really want and come to the realization that I’ll now most likely never be able to afford them.

Such is life I guess.

[conor912]

Originally Posted by Cmvorce

It’s such a strange feeling. I look at the cards I have and I’m ecstatic because they are going for so much more than I paid for them, but I’m not sure it really matters because I don’t think I’ll ever sell them.

Then, I think about the cards I don’t have and really want and come to the realization that I’ll now most likely never be able to afford them.

Such is life I guess.

This is exactly it. If I was unwilling to pull the trigger at $100 a year ago, it’s sure as shit not worth $1k to me today. I’m using this time to upgrade some mid-grade raw 60’s commons. If/when prices come down I will resume with bigger buys. If it doesn’t come down it’s going to leave a lot of passionate collectors in the dust, which will be a shame.

[Snapolit1]

No one knows what the future holds for cards. I do believe, as many have hypothesized, that many of us are bored and spending way too much time in front of the computer. I guess the equivalent of some of my wife's friends buying expensive shoes over and over and over. When life returns to more normalcy presumably many of us would rather be on a beach or lake and not eBay. I don't think a $1200 or $1400 government check has much to do with this. Chump change compared to what's going on here.

Rare art has been seen as an investment vehicle for many hundreds of years. While prices go up and down, it always seems Christies and Sotherbys have plenty of pieces to sell. I think the card market is getting stretched mighty thin on the edges, but don't see any kind of grand collapse in the offing. For many of us there are our art pieces and we love collecting them. The returns on some of these highly desired cards have been breath taking, and that lottery ticket aspect will keep a steady inflow of new collectors.