Recent price action

[puckpaul]

Nothing pre-war or 50’s that I would like to buy is anything but strong still.

[Wanaselja]

Originally Posted by puckpaul

Nothing pre-war or 50’s that I would like to buy is anything but strong still.

Same here.

[Bkrum]

I don’t watch modern cards at all but does the softness extend to high profile cards in 50s?

[G1911]

Originally Posted by Bkrum

I don’t watch modern cards at all but does the softness extend to high profile cards in 50s?

Unfortunately, no

[egri]

Originally Posted by Bkrum

I don’t watch modern cards at all but does the softness extend to high profile cards in 50s?

Not from what I'm seeing on signed cards. I don't follow rookies too closely; I'd be interested to see if the runup in Clemente, Koufax, etc from a few years ago has held up too.

[Bigdaddy]

I had been looking at prices of Jordan RC ('86 Fleer, PSA 8) and a couple of months ago they topped out around $17k. Now they have dropped to around $12k. That's down almost 30% from the high.

That may be off from the original scope of your question, but it is a card that is traded/sold fairly often.

Tom

[rats60]

Originally Posted by puckpaul

Nothing pre-war or 50’s that I would like to buy is anything but strong still.

Prices were soft in the latest Goldin Auction on some key post war

1949 Leaf Jackie Robinson PSA 7 136k
last 3 sales 402, 234, 354

1951 Bowman Mantle PSA 7 81k
last 3 sales 115, 174, 99

1952 Topps Mantle PSA 8 861k
recent sales at 1.6 and 1.35 million

I have noticed this in some other recent auctions. Maybe this isn't what you are looking at, but there is definitely some correction going on at the top of the postwar vintage and modern market.

[Tao_Moko]

Low/mid grade 50's have been strong. Taking more patience on cards like '52 and '53 Mays' to find at a deal. Catching someone sleeping on a bid took more than a dozen attempts to still pay record highs.

[sportscardpete]

Everything feels a touch softer than February. Modern is getting killed. The argument though is that compared to early last year modern is up way more than vintage still.

Would love if some Cobbs softened up though!!

[Bigdaddy]

Originally Posted by sportscardpete

Everything feels a touch softer than February. Modern is getting killed. The argument though is that compared to early last year modern is up way more than vintage still.

Would love if some Cobbs softened up though!!

You know what they say about softened Cobbs - there's a pill for that.

Sorry, but you set 'em up. I just knocked 'em down.

[Casey2296]

Originally Posted by sportscardpete

Everything feels a touch softer than February. Modern is getting killed. The argument though is that compared to early last year modern is up way more than vintage still.

Would love if some Cobbs softened up though!!

Agree 100% Pete, godamn Cobbs won't stop along with Matty and Wajo, T206's are strong too. Feels like we're in late stage 2 early stage 3 of the sports card economic cycle. Look at the prices of 54 Aaron's, soft as hell. Nobody's paying you 30k for a Goudey Ruth when they can get one for 15k-20k at auction. That $1500 asking price for mid grade 50's- 60's Topps cards is a pipe dream at this point. Stage 4 will be Seller capitulation, it'll take awhile and you'll see the overextended folks roll over first but it's coming.

That being said, rare cards will hold their value better than most.

[rats60]

Originally Posted by Casey2296

Agree 100% Pete, godamn Cobbs won't stop along with Matty and Wajo, T206's are strong too. Feels like we're in late stage 2 early stage 3 of the sports card economic cycle. Look at the prices of 54 Aaron's, soft as hell. Nobody's paying you 30k for a Goudey Ruth when they can get one for 15k-20k at auction. That $1500 asking price for mid grade 50's- 60's Topps cards is a pipe dream at this point. Stage 4 will be Seller capitulation, it'll take awhile and you'll see the overextended folks roll over first but it's coming.

That being said, rare cards will hold their value better than most.

Exactly, PSA 6 Aaron was selling 12.5k-13.5k. Last two sold for 8700 at Heritage and 8600 on eBay PSA 6 Mays RC were 35-37k now 22k. All these key cards that took huge jumps have come back down.

[flpm08]

I have followed the last two Heritage and REA Auctions and the prices are down from February and March prices cards of players whose prices rose very quickly, e.g., Mays, Robinson, Aaron. Ruth, Cobb and Mantle also seemed to have come down a bit.