What's gone down in price?

[Snapolit1]

Originally Posted by Eric72

If one looks at modern cards, they'll find dozens of "can't miss" prospects which can be had for pennies on the dollar...when compared to their 2019 prices.

That's probably not what the OP was asking; however, it's worth mentioning.

I recall clearly when people were supposedly paying six figures for signed Jasson Dominguez Bowman cards, a Yankee prospect ("the Martian") who had as of then never played in one MINOR league game in the US. That was sheer 'effiin insanity.

[Carter08]

I deviated from vintage to picked up some Jared Kelenic autos. Did not go so well.

[Johnny630]

Jackie Robinson 1952 Topps have come down a good amount since the hype

[GasHouseGang]

Originally Posted by Johnny630

Jackie Robinson 1952 Topps have come down a good amount since the hype

Since the hype, yes. But since 11/2019, which is 2 years ago, a PSA 3 was around $1700. Today's average value of a PSA 3 is $10,497, according to VCP.

[Snowman]

Originally Posted by GasHouseGang

Since the hype, yes. But since 11/2019, which is 2 years ago, a PSA 3 was around $1700. Today's average value of a PSA 3 is $10,497, according to VCP.

Exactly. There was a fairly steep artificial price inflation in Jan through March and then a fairly predictable correction. The market has since flattened out and has even stayed trending upwards again. Of course there are always sub segments of the market that are far more volatile, adding noise to the data, but the overall broader market is extremely strong.

Most of the stuff that has taken a dive has done so for rational reasons. That's a good thing, not a bad thing. Guys were grossly overpaying for graded base cards. Lebron James 2019 base Prizm PSA 10s were selling for around $600 each last year. I know because I sold about 7 or 8 of them. That's asinine when you consider the pop counts (20,000 and counting for the Zion base PSA 10 from that set, and Lebron was printed at the same rate).

[ZiggerZagger]

I guess the cheeky but also correct answer would be high-grade E98's, but that is obviously due to forces outside of the larger market.

Since the seismic early-Pandemic shift in prices, we've had 2 major price corrections -- one in late 2020, and again around March/April 2021. We're clearly not headed below pre-Pandemic prices again, but I don't blame anyone who feels a bit seasick. I've changed my buying behavior several times with different card types during the last 18 months as a result.

Although vintage and PreWar Baseball makes up most of my collection, I also have deep interest in vintage Basketball, as well as other sports and also some non-sport. I've laid off buying whatever felt overheated at time, and sold/traded my spares selectively. Right now, vintage Basketball is seriously cratering, and so I've started poking around there again for my long-term needs -- even though we may not be at the bottom there. 80's and newer is also getting hammered, and so I've even started cautiously buying a few truly key Modern cards here and there.

To each his/her own, and collect with whatever risk tolerance you have in this market.
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[Foo3112]

Everything has come down since the peak (Feb-April 2021) but everything is still higher than what it was from late 2019.

[glynparson]

Originally Posted by Foo3112

Everything has come down since the peak (Feb-April 2021) but everything is still higher than what it was from late 2019.

Absolutely untrue. Everything has not come down. Sounds Ike some wishful thinking it is absolutely inaccurate. Yes many things have slid back some,market corrections are normal when things go up like that but not everything has slid back despite the wishes of some entitled collectors.

[rjackson44]

Originally Posted by Snapolit1

I recall clearly when people were supposedly paying six figures for signed Jasson Dominguez Bowman cards, a Yankee prospect ("the Martian") who had as of then never played in one MINOR league game in the US. That was sheer 'effiin insanity.

Lol