Is the well running a little dry?

[Snapolit1]

+1000

Originally Posted by oldjudge

i think it is too many auction houses and too little quality material. Oh sure, if you are interested in the shiny new stuff there is a large supply, but most of the better shiny stuff goes to goldin. If you put aside t206s which there appears to be an endless supply of, vintage material is scarce and, more particularly 19th century better material is rare. That is why auction houses are offering ever increasing shares of the buyers premium for quality consignments. It’s a joke when auction houses send out emails that they are willing to waive seller’s fees for quality material. If you have quality material and you don’t get a bp rebate you are leaving money on the table.

[BobbyStrawberry]

It certainly seems like vintage has dried up across the board. Even 12-18 months ago, you could find things popping up on ebay for reasonable prices...now it's mostly the same old overpriced stuff just sitting there for months at a time.

[mrreality68]

Hi

I guess it would all depend on what your collection focus is.

I usually buy 1 to 3 Cards a year and try and grow my collection slow and strategically and manage the funds accordingly

My issue is I usually only see a few items of interest across ALL auctions over a period of time.

However, Over the Last 9 Months (and especially the last 3 months) I have had sensory overload.

Result I bought about 2 to 3 years of cards in last 6 months.

To Many Cards I am interested in at 1 time in so many auctions. So Many cards that have not come up for auction for a long time (I am assuming people taking profit on cards that bought long ago).

This has caused me
1. to buy more then I usually do so I exceeded my budget and a bit over extended. (NO REGRETS) out of fear I may not get a chance to get them again for a long time
2. Miss out on a lot of Great and/or rare cards since the budget goes so far.
3. Selling/flipping some cards I did not want to but Other Cards on my list that I wanted more. (and not sure when I can now replace those I gave up)
4.Hoping no more good items come up for a while so I have time to regroup the funds.

But Memory Lane Preview came out and Has some amazing cards I want and I will potentially miss out on all. (Oh Well but Darn) because it came to soon for me.
Heritage Auction in November is also looking strong for cards I want and that may also be to soon for me.

There are always other Auctions down the line but so far the cards I like seem to keep coming.

[Johnny630]

Once the Investor Exits Stage Right you’ll see the tide turn. FOMO was the real in January-May. Reality is setting in for many buyers/collectors. Pending Bond Back Buying along with Rate Hikes will also cool things down, it’s gonna be cool to see what happens.

[pawpawdiv9]

i agree with Mrreality and others:
I have a certain friends/people asking about my cards, and if i was looking to sell any.
Then, i been also looking at the AH overload, wishing and thinking if i sold this & that, then maybe i can go for something more up my wantlist.

I too have see the emails for consignments and wondered things drying-up and too much action. I keep up with the calander and write down Ah when they start/end.
Right now, i try to keep it simple and stick with 1 group of cards for now (in my signature)

[Carter08]

Seems to me like every time I think there’s a softening I go after a card and someone else or many people do just the same and the prices march onward. Snapolit1, a dear friend, should stick with his decision to focus on photos and Japanese cards from the 1940s rather than sit back and hope his I told you o comes true.

[Aquarian Sports Cards]

Drying up would be the exact opposite of softening. If there's less good stuff prices go higher.

[Carter08]

If it’s the exact opposite I guess I missed the point entirely which happens to dumb guys like myself.