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  #1  
Old 06-18-2021, 04:52 PM
Johnny630 Johnny630 is offline
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Originally Posted by ullmandds View Post
Maybe some people entered into the situation expecting to take a large short term loss to offset other short term gains?
Agree it’s been my belief The Money Was Made on the Under Cards......Jordan’s a year or two later 87’s 88’s 89’s ect, onto, stickers,and mostly lower grades 7,8, and 9’s
Last edited by Johnny630; 06-18-2021 at 04:53 PM.
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  #2  
Old 06-18-2021, 05:04 PM
Republicaninmass Republicaninmass is offline
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Agree it’s been my belief The Money Was Made on the Under Cards......Jordan’s a year or two later 87’s 88’s 89’s ect, onto, stickers,and mostly lower grades 7,8, and 9’s

See goldin auctions. I believe they had 36 86 fleer jordans, including stickers, in ONE auction. Who would think that was a good idea?

Use common sense
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  #3  
Old 06-18-2021, 05:20 PM
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Why would wealthy, successful, presumably sophisticated businessmen pay sums for a card completely out of line with historical values and indeed any value to date? The card isn't even close to rare even in a 10, what were they thinking, or maybe in context it was chump change and they didn't care? It does seem a lot of people leave their senses and sophistication and critical thinking behind when it comes to cards.
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Last edited by Peter_Spaeth; 06-18-2021 at 05:26 PM.
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  #4  
Old 06-18-2021, 06:27 PM
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Originally Posted by Peter_Spaeth View Post
Why would wealthy, successful, presumably sophisticated businessmen pay sums for a card completely out of line with historical values and indeed any value to date? The card isn't even close to rare even in a 10, what were they thinking, or maybe in context it was chump change and they didn't care? It does seem a lot of people leave their senses and sophistication and critical thinking behind when it comes to cards.
I’m sure they were “advised” by someone with a reason to boost the values…
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  #5  
Old 06-18-2021, 06:39 PM
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I’m sure they were “advised” by someone with a reason to boost the values…
If that happened, it would be far from the first time. I recall the guy a couple of years back who would ask Brent how high he should bid on cards Brent was selling. People just check their life skills and common sense at the door.
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Four phrases I have coined that sum up today's hobby:
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Stuff trumps all.
The flip is the commoodity.
Animal Farm grading.
Last edited by Peter_Spaeth; 06-18-2021 at 06:40 PM.
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  #6  
Old 06-18-2021, 06:42 PM
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https://www.blowoutforums.com/showthread.php?t=1471997
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__________________
Four phrases I have coined that sum up today's hobby:
No consequences.
Stuff trumps all.
The flip is the commoodity.
Animal Farm grading.
Last edited by Peter_Spaeth; 06-18-2021 at 06:53 PM.
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  #7  
Old 06-18-2021, 06:49 PM
Johnny630 Johnny630 is offline
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What a Crock Of Sh&t.
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  #8  
Old 06-18-2021, 06:31 PM
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Originally Posted by Peter_Spaeth View Post
Why would wealthy, successful, presumably sophisticated businessmen pay sums for a card completely out of line with historical values and indeed any value to date? The card isn't even close to rare even in a 10, what were they thinking, or maybe in context it was chump change and they didn't care? It does seem a lot of people leave their senses and sophistication and critical thinking behind when it comes to cards.
I think it could be as easy as some billionaires son seeing an MJ rookie on TikToc or something and telling the dad to buy it. Or any of a million other scenarios where folks who are smart don't make great decisions sometimes.
There are a lot of people with a lot of money nowadays, I just wish I was one of them. I think some gamblers gambled and lost and some made money. Not my gig....but to each their own.

.
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Last edited by Leon; 06-18-2021 at 06:32 PM.
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  #9  
Old 06-18-2021, 11:10 PM
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I think it could be as easy as some billionaires son seeing an MJ rookie on TikToc or something and telling the dad to buy it. Or any of a million other scenarios where folks who are smart don't make great decisions sometimes.
There are a lot of people with a lot of money nowadays, I just wish I was one of them. I think some gamblers gambled and lost and some made money. Not my gig....but to each their own.

.
TWO billionaires and they both just happened to settle on the same way out of whack price? Sure.
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  #10  
Old 06-19-2021, 10:58 AM
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TWO billionaires and they both just happened to settle on the same way out of whack price? Sure.
There have been so many confirmed shenanigans and lies in this hobby that I think we're conditioned to being skeptical of almost anything almost anyone says.
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Four phrases I have coined that sum up today's hobby:
No consequences.
Stuff trumps all.
The flip is the commoodity.
Animal Farm grading.
Last edited by Peter_Spaeth; 06-19-2021 at 11:07 AM.
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  #11  
Old 06-19-2021, 11:43 AM
Hankphenom Hankphenom is offline
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Omg, that video.
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  #12  
Old 06-19-2021, 11:51 PM
joed25 joed25 is offline
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I just watched the whole video. I think Ken is fantastic. Very good for the hobby. Looking forward to the TV show.
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  #13  
Old 06-21-2021, 02:58 AM
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There have been so many confirmed shenanigans and lies in this hobby that I think we're conditioned to being skeptical of almost anything almost anyone says.
Well, when the words are coming from a guy who literally told me he didn't care items in his first auction were bootlegs, yeah, I'm gonna be skeptical.
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  #14  
Old 06-18-2021, 07:23 PM
HistoricNewspapers HistoricNewspapers is offline
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While it would be pretty hard to argue against bidding shenanigans happening in some cases...the market has also legitimately risen in tandem.

PSA 7 Julius Erving rookies are still selling for $1,800 and they aren't rare at all. I've been looking to buy them back after I sold my basketball stuff in one of the the 'run ups' before 2009. I thought I did great back then...lol. Win some lose some.

I don't know if I will ever buy that card back now, or the Alcindor rookie which is insanely high priced in every grade, and on multiple venues with legit sellers too. I don't know if a real widespread drop will ever come back. There will always be isolated crazy price swings....and there will always be some auctions that slip through the cracks somehow like there always have been.

If there is a widespread group eating the fees or price manipulating on PSA 6 Julius Erving rookies for $1,000 a pop...cut this guy a break...I would like one back at the old prices

It will take a seismic society altering event to stop the overall tide at this point. Its summer and everyone is out of the house now...and all those cards I want back haven't moved much at all in price.
Last edited by HistoricNewspapers; 06-18-2021 at 07:25 PM.
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  #15  
Old 06-18-2021, 07:26 PM
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Originally Posted by HistoricNewspapers View Post
While it would be pretty hard to argue against bidding shenanigans happening in some cases...the market has also legitimately risen in tandem.

PSA 7 Julius Erving rookies are still selling for $1,800 and they aren't rare at all. I've been looking to buy them back after I sold my basketball stuff in one of the the 'run ups' before 2009. I thought I did great back then...lol. Win some lose some.

I don't know if I will ever buy that card back now, or the Alcindor rookie which is insanely high priced in every grade, and on multiple venues with legit sellers too. I don't know if a real widespread drop will ever come back. There will always be isolated crazy price swings....and there will always be some auctions that slip through the cracks somehow like there always have been.

If there is a widespread group eating the fees or price manipulating on PSA 6 Julius Erving rookies for $1,000 a pop...cut this guy a break...I would like one back at the old prices

It will take a seismic society altering event to stop the overall tide at this point. Its summer and everyone is out of the house now...and all those cards I want back haven't moved much at all in price.
We must be looking at different cards. I am seeing "seismic" price drops.
__________________
Four phrases I have coined that sum up today's hobby:
No consequences.
Stuff trumps all.
The flip is the commoodity.
Animal Farm grading.
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  #16  
Old 06-18-2021, 07:26 PM
Aquarian Sports Cards Aquarian Sports Cards is offline
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The cards you mention are both softening. Be patient. Also a large difference between $1800 on a card you feel should be worth $600 and $700,000 on a card many feel is worth $40k.
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  #17  
Old 06-18-2021, 07:30 PM
HistoricNewspapers HistoricNewspapers is offline
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The cards you mention are both softening. Be patient. Also a large difference between $1800 on a card you feel should be worth $600 and $700,000 on a card many feel is worth $40k.

I agree those Jordan 10's were crazy sale prices. They probably got caught up in the hysteria on those.
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  #18  
Old 06-18-2021, 07:34 PM
Aquarian Sports Cards Aquarian Sports Cards is offline
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But I would argue that that hysteria (among others in other sports) is what lifted all the boats.
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Last edited by Aquarian Sports Cards; 06-18-2021 at 07:34 PM.
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