Rest of 2021

[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.

[Exhibitman]

Well we have the lesson of 2008-2010. If you had to sell 2005-2007 purchases in the recession you took a beating. If you held onto your good cards you enjoyed a strong run-up. If you were able to buy during that down period you really did well. No reason to think that the pattern won't repeat itself during the next recession.

[Snapolit1]

Originally Posted by Exhibitman

Well we have the lesson of 2008-2010. If you had to sell 2005-2007 purchases in the recession you took a beating. If you held onto your good cards you enjoyed a strong run-up. If you were able to buy during that down period you really did well. No reason to think that the pattern won't repeat itself during the next recession.

I’m no economist by a long shot, and am decidedly not trying to pick a partisan fight with anyone or goad someone into some political crap, but is it possible with the degree of control the government is ready willing and able to deploy now to stabilize the markets and the dollar that we will never again have a severe recession like some of us have experienced in our lifetime?

[Exhibitman]

Originally Posted by Snapolit1

I’m no economist by a long shot, and am decidedly not trying to pick a partisan fight with anyone or goad someone into some political crap, but is it possible with the degree of control the government is ready willing and able to deploy now to stabilize the markets and the dollar that we will never again have a severe recession like some of us have experienced in our lifetime?

That's what Alan Greenspan said, more or less.

Nope.

Thing you gotta remember is that no matter how foolproof something is, fools are ingenious creatures.

[todeen]

Originally Posted by Snapolit1

I’m no economist by a long shot, and am decidedly not trying to pick a partisan fight with anyone or goad someone into some political crap, but is it possible with the degree of control the government is ready willing and able to deploy now to stabilize the markets and the dollar that we will never again have a severe recession like some of us have experienced in our lifetime?

Economics are political. Anything's possible when two sides aren't willing to compromise. Infrastructure is a bipartisan issue that neither party is willing support. Trump wanted an infrastructure package but didn't get it. If infrastructure falls apart, like it currently is with continued increasing bridge collapses and etc, anything can happen. Many poor countries are poor simply because their govt won't/can't invest in building.

Sent from my SAMSUNG-SM-G930A using Tapatalk

[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.