1980 Topps Henderson RC PSA 10 PWCC ?

[bks14sr]

Prices have been correcting on many I’m watching and I don’t see that slowing down. I know I’m personally spending less on cardboard, as I now have a few vacations planned.

[Exhibitman]

Originally Posted by bks14sr

Prices have been correcting on many I’m watching and I don’t see that slowing down.

I think you're right on that, esp. postwar mainstream cards in all sports that had big, fast run-ups. Last October and then this January-February seems to have been the high water marks on a lot of cards that had huge runs early in 2020.

Personally, I think it will end up with most vintage cards down from their peaks but well above their starting points, and it will take most of 2021 to shake out.

The real proof that the bubble has popped will be when I actually start winning auctions, because I haven't adjusted my bidding structure on commonplace stuff. In all these auctions recently I've won one (1) item for my personal collection, and it was a one-off PC that I chased after because I have an affinity for Cubs on Catalina Island stuff which very few other people share, I guess. Actually, it is pretty f****ng cool: Hack Wilson and Charlie Grimm at spring training on Catalina Island:



Wrigley used to bring them to SoCal to train since he owned about half the friggin' island. Here is an image of the Cubs doing their best Seven Dwarves imitation on the waterfront in Avalon:



Gabby Hartnett:

[bks14sr]

I agree, and I’m fine with a healthy increase from pre covid prices, I’m just sick of seeing prices with multipliers. I’m happy that my buy levels are approaching for some of the key cards I need/want. But as you mentioned, it’s still not there yet, as I’ve gotten beat on most auctions. I felt I had some strong bids and won nothing in lasts weeks pwcc offerings. Trying again with REA.

Nice pickup btw, very cool! You have an awesome collection, far from the typical cookie cutter stuff. I need to venture further into that side.

Originally Posted by Exhibitman

I think you're right on that, esp. postwar mainstream cards in all sports that had big, fast run-ups. Last October and then this January-February seems to have been the high water marks on a lot of cards that had huge runs early in 2020.

Personally, I think it will end up with most vintage cards down from their peaks but well above their starting points, and it will take most of 2021 to shake out.

The real proof that the bubble has popped will be when I actually start winning auctions, because I haven't adjusted my bidding structure on commonplace stuff. In all these auctions recently I've won one (1) item for my personal collection, and it was a one-off PC that I chased after because I have an affinity for Cubs on Catalina Island stuff which very few other people share, I guess. Actually, it is pretty f****ng cool: Hack Wilson and Charlie Grimm at spring training on Catalina Island:



Wrigley used to bring them to SoCal to train since he owned about half the friggin' island. Here is an image of the Cubs doing their best Seven Dwarves imitation on the waterfront in Avalon:



Gabby Hartnett:

[LincolnVT]

I'm thinking that the people that have disposable income will continue to try to buy up everything under the sun at outrageous prices and many collectors will jump to sell great collections and PSA 9s and 10a from the 80s because the money is right. This leaves people like myself in a good place down the road because I'll still have my cards and those that have disposable income and those that have sold their collection in search of money will want them.

[bnorth]

Originally Posted by bks14sr

Prices have been correcting on many I’m watching and I don’t see that slowing down. I know I’m personally spending less on cardboard, as I now have a few vacations planned.

+1 Just booked a week on the Oregon coast.

Nothing against cards but very happy to be spending cash on a vacation instead of the hobby.

[todeen]

Originally Posted by bnorth

+1 Just booked a week on the Oregon coast.



Nothing against cards but very happy to be spending cash on a vacation instead of the hobby.

Congrats! I love Lincoln City!

Sent from my SAMSUNG-SM-G930A using Tapatalk

[bks14sr]

Originally Posted by bnorth

+1 Just booked a week on the Oregon coast.

Nothing against cards but very happy to be spending cash on a vacation instead of the hobby.

That’s funny, we are actually flying to Portland, then spending a week exploring the coast on our way up to Seattle for some more exploring. Original plan was to use those destinations as a jump off for BC, but that leg has to wait.

I love hiking Multnomah Falls and visiting Canon Beach.

[bmattioli]

Those with unlimited disposable amounts of cash need to spend their money and can not on vacations and other pre Covid things.. Thus we have high prices..

That's it folks..

Originally Posted by bmattioli

Those with unlimited disposable amounts of cash need to spend their money and can not on vacations and other pre Covid things.. Thus we have high prices..

That's it folks..

Yep. It'll all shake out after the COVID scare is lifted completely. Many will probably want to dump those cards for what they bought them for but will more than likely take a loss. Just my opinion.

[jchcollins]

I would be at least mildly surprised to see vintage getting hit with a huge correction after Covid concerns become a recent memory. The cards have always leveled off in the past, but never exactly dropped tremendously. To give a basic example, in 2015 you could buy a '52 Mantle PSA 2 for around $10k. Prices have tripled since then.

It may be an extreme example, but I don't see that going back to being a $10k card short of thermonuclear destruction or something like that.

Originally Posted by jchcollins

I would be at least mildly surprised to see vintage getting hit with a huge correction after Covid concerns become a recent memory. The cards have always leveled off in the past, but never exactly dropped tremendously. To give a basic example, in 2015 you could buy a '52 Mantle PSA 2 for around $10k. Prices have tripled since then.

It may be an extreme example, but I don't see that going back to being a $10k card short of thermonuclear destruction or something like that.

Some may not correct but the market overall will I believe especially these crazy prices being paid for new cards. Mantles in perfect condition will always hold their value what ever that may be but I think other HOF players and low to mid grade cards will level off from where they are now. More collectors, more demand, higher prices. When the number of collectors dwindles demand will drop and so will prices. Just like the hype of the 90's.