Is the well running a little dry?

[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.

[Snowman]

A common theme coming from the National this year was people saying that the prices were too high and that most dealers weren't interested in moving their products at current market prices. The industry has also seen a massive inflow of money and investments from outside sources. Big money is flowing in and the broader market saw a pretty large correction earlier this year. There appears to be a lot of people waiting on the sidelines for the market to recover. Surely this has something to do with inventory drying up. As Aquarian pointed out above, and just like with the housing market, when inventory dries up, prices increase.

[nineunder71]

Steve,
How many consignments do you have in the upcoming Memory Lane auction? Just curious, thanks

Colton

[Aquarian Sports Cards]

Originally Posted by Carter08

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

I wasn't tying to be insulting, and I've actually thought it a couple times in the thread already. If the auctions houses are struggling to get top notch stuff, that means supply is drying up. Unless demand is drying up even more quickly it will be bad for buyers, good for sellers, which will eventually serve to convince sellers to turn stuff loose, increasing supply which, if demand doesn't also increase, should eventually bring prices down, but if the complaint is "stuff is drying up" that should serve to increase prices.

[Johnny630]

It is my believe that there is a good amount of high end quality graded vintage cards. The thing is it’s not coming up for auction, people are not letting it go. If they had it over the past 8 months they know it can go crazy high so why sell now. If it’s high end quality and centered they’re not letting go now why would they. The demand is as high as it’s ever been, I only see it going higher for quality centered grades 7 and up Ruth, Cobb, Mantle, Jackie, and Mays. These are take them to the bank and sit on them items. Especially if you were into them back at much more reasonable levels.

I have a game plan, it’s fun to watch things play out !!