Rest of 2021

[Rhotchkiss]

Originally Posted by glchen

Snookums reaching $10K? That's when you know we've jumped the shark.

Memory Lane sold an SGC 3 Snookums for over $13k earlier this year….

[mrreality68]

I think it is a sellers market until at least early next year.

With the influx of new money coming into the hobby that is helping fuel price

and with many sellers selling things they bought years ago and now taking profits it is putting things for sale that many of us have not seen for a long long time and we may not see again for a long time driving many collectors or buy now out of fear of missing out.

In addition all the new advertising and cards being in the news to generate further interest.

[BobbyStrawberry]

Perhaps also a factor here is the possibility of another MLBPA strike in the absence of a new CBA. I wasn't collecting in 1994-95; those that were, how did it affect the card market at the time?

[Exhibitman]

Originally Posted by Rhotchkiss

Memory Lane sold an SGC 3 Snookums for over $13k earlier this year….

it included a matching Type 1 photo, so not exactly, but still, damn! Point of the spear? Gonna be an interesting 6-12 months.

Also "One of only 5 known examples and the SOLE/HIGHEST GRADED example of all five"

Not exactly...



If anyone wants this one for $20k let me know

[Johnny630]

Risk Off…. When I see more and more marketing terms as such being used, assets, vaults, aka brokerage account, what Fanatics is doing, along with buying fractionalized shares of high end graded cards I get nervous.

Cobb
Ruth
Mantle
Jackie
Mays

Only…

[JollyElm]

It will most certainly be a seller's market...until I try to auction off something I own, then it will magically turn into a buyer's market and leave me eating nothing but ramen as the tears roll down my cheeks.

[Republicaninmass]

Originally Posted by JollyElm

It will most certainly be a seller's market...until I try to auction off something I own, then it will magically turn into a buyer's market and leave me eating nothing but ramen as the tears roll down my cheeks.

While I listen to "All by Myself " on repeat...

Still cant fathom people paying these prices, long term holds...

[Exhibitman]

Last year I told our financial planner that cards would smoke his picks over the next decade. So far true. My wife actually asked me why I hadn't put more money into cards 20 years ago. Umm, because if I came home and said I used the 401K money to buy baseball cards I'd have been in divorce court?

[Yoda]

Originally Posted by Exhibitman

Last year I told our financial planner that cards would smoke his picks over the next decade. So far true. My wife actually asked me why I hadn't put more money into cards 20 years ago. Umm, because if I came home and said I used the 401K money to buy baseball cards I'd have been in divorce court?

One of the most perfect examples of female logic I have heard in a long time.

[glchen]

Originally Posted by Rhotchkiss

Memory Lane sold an SGC 3 Snookums for over $13k earlier this year….

What the heck?!?!

[Exhibitman]

Time to cash in, G?

[Rhotchkiss]

Yup, all Ruth’s are valuable - babe holding a baby, babe holding a bird, babe holding a ball. You name it, as long as Ruth is on the card, it’s valuable.

[conor912]

Originally Posted by Rhotchkiss

Yup, all Ruth’s are valuable - babe holding a baby, babe holding a bird, babe holding a ball. You name it, as long as Ruth is on the card, it’s valuable.

Did someone say “Babe holding a bird”?

[tulsaboy]

I think that the question posed by the original poster is segment-dependent. For example, pre-war seems to still be seeing extremely strong prices. Specific post-war vintage, like all things Mantle (especially 52 Topps), most things Clemente, most things Robinson, continue to maintain strong prices. Other things post-war have slid a bit from the mid-pandemic hysteria. Vintage unopened (pre-1980) is still very strong, with 1970's racks and cellos selling high. 1950's-1960's unopened is almost unobtainable. Early 1980's unopened has started a slow retreat, while junk era unopened is in the midst of a collapse. Though I know this part of the board is all pre-war, I think the market is not so specific. Different segments will continue to proceed differently, but for now the pre-war segment seems to be one of the strongest segments in terms of performance.
kevin

[53toppscollector]

From a simple economics standpoint, it is hard to see vintage cards, especially key pre-war cards, declining in value over the next 12-24 months and beyond. Cards have steadily climbed over the last 10 years, even beyond just the crazy spike of the last year or so.

Heres just one quick example

T206 Red Cobb in a Polar Bear back, PSA 4/4.5

June 2013: PSA 4.5 sells for $2325
Oct 2017: PSA 4 sells for $3800
Jan 2019: PSA 4.5 sells for $4150
March 2020: PSA 4.5 sells for $4730
April 2020: PSA 4 sells for $4400
April 2021: PSA 4 sells for $10,334 (had the PWCC E label)
June 2021: PSA 4 sells for $8700

If you take the April 2021 sale as sort of an outlier because of the PWCC factor, the card basically increased in value with every sale. If I asked you if you think you will get a Red Cobb Polar Bear in a PSA 4 for less than $8700 any time soon, what would you say? Lots of people want these key cards, and there is a very finite supply of them available.

The one unknown is sort of what happens to the broader economy, and if there is a downturn, how that would impact financials and personal spending. On the other side of that coin, I would argue that people who have $8700 to shell out for a Red Cobb are probably not going to be the first in line to dump their stuff if the economy slows down or we enter a recession. Smaller collectors collecting lower value cards may decide to sell, which may bring that part of the market down. But the big collectors who are buying 6 figure cards likely aren't going to be looking to dump their stuff at bargain bin prices.

[glchen]

Originally Posted by Exhibitman

Time to cash in, G?

lol.

Originally Posted by Rhotchkiss

Yup, all Ruth’s are valuable - babe holding a baby, babe holding a bird, babe holding a ball. You name it, as long as Ruth is on the card, it’s valuable.

If anyone wants this postcard of the Babe holding a bunch of fish for $10K, I'm open to it.

[Yoda]

Originally Posted by glchen

lol.



If anyone wants this postcard of the Babe holding a bunch of fish for $10K, I'm open to it.

That group looks pretty fishy to me.