Gone from the Blue-Collar Guy

[Johnny630]

I’m July 2021 this card, see link below 51 Bowman Mantle PSA 8, sold in Memory Lane For $498,000. 6 months later it’s now up for sale again in Leland’s what will it sell for now?

True collectors don’t do this on big Cards, These people don’t care about the cards they care about making money on fools,its been a big Game.
Doing this on high grade eights in Mickey Mantle Rookie‘s 51 Bowman its driven every grade price to the higher level pushing it up in all grades. The money is being made by these guys on the lower grade cards based off the sale and many others like this. The 51 Bowman Mantles in 3’s and 4’s should never sell for $20k like they did last year, it’s been very interesting to watch


See pics and Link Below ….investors set the price is this market. How long will the investor stay in the this game ??


https://auction.lelands.com/bids/bidplace?itemid=107698

[BobC]

Originally Posted by Johnny630

I’m July 2021 this card, see link below 51 Bowman Mantle PSA 8, sold in Memory Lane For $498,000. 6 months later it’s now up for sale again in Leland’s what will it sell for now?

True collectors don’t do this on big Cards, These people don’t care about the cards they care about making money on fools,its been a big Game.
Doing this on high grade eights in Mickey Mantle Rookie‘s 51 Bowman its driven every grade price to the higher level pushing it up in all grades. The money is being made by these guys on the lower grade cards based off the sale and many others like this. The 51 Bowman Mantles in 3’s and 4’s should never sell for $20k like they did last year, it’s been very interesting to watch


See pics and Link Below ….investors set the price is this market. How long will the investor stay in the this game ??


https://auction.lelands.com/bids/bidplace?itemid=107698

No, the dealers set the prices, and many of them use every advantage, gimmick, or trick they can to make as much as possible. The idea of all boats rising with the tide to me is tied back to and has a lot to do with how price guides, like Beckett's or SCD, started proliferating everywhere in the marketplace, infusing the idea that card prices were all tied together and more or less based off what a NM version of that cards would sell for. What was it, VG was like 25%-30%, EX 50%-60%, something like that. But now these extremely high condition cards, many better than NM in a lot of cases, are being used as the new base to start figuring these condition price percentages. I never felt these very rare, high condition outliers should be used in setting the price of that same card in a lower grade, but they very often are. It isn't always the case, but I feel that kind of thinking is very pervasive in the hobby, and is exactly what the flippers and those potentially trying to manipulate the market are hoping for.

[Johnny630]

Originally Posted by BobC

No, the dealers set the prices, and many of them use every advantage, gimmick, or trick they can to make as much as possible. The idea of all boats rising with the tide to me is tied back to and has a lot to do with how price guides, like Beckett's or SCD, started proliferating everywhere in the marketplace, infusing the idea that card prices were all tied together and more or less based off what a NM version of that cards would sell for. What was it, VG was like 25%-30%, EX 50%-60%, something like that. But now these extremely high condition cards, many better than NM in a lot of cases, are being used as the new base to start figuring these condition price percentages. I never felt these very rare, high condition outliers should be used in setting the price of that same card in a lower grade, but they very often are. It isn't always the case, but I feel that kind of thinking is very pervasive in the hobby, and is exactly what the flippers and those potentially trying to manipulate the market are hoping for.

No the dealer is basing his price off what the investor is pumping/pushing it for in these auction. The dealer, he is basing his price off auctions realized sales which imo have been manipulated they’re playing musical chairs! We all see it.

[ullmandds]

Originally Posted by Johnny630

No the dealer is basing his price off what the investor is pumping/pushing it for in these auction. The dealer, he is basing his price off auctions realized sales which imo have been manipulated they’re playing musical chairs! We all see it.

whose to say the "dealer/investor" may not be one and the same?

[BobC]

Originally Posted by ullmandds

whose to say the "dealer/investor" may not be one and the same?

Thank you!

[lowpopper]

His collar is very blue.

[Gorditadogg]

Originally Posted by Johnny630

No the dealer is basing his price off what the investor is pumping/pushing it for in these auction. The dealer, he is basing his price off auctions realized sales which imo have been manipulated they’re playing musical chairs! We all see it.

George Soros is behind it.

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[Exhibitman]

That's a great Paige photo, Brian. You're not alone in going towards photos, judging from some of the prices lately.

[doug.goodman]

There will always be plenty of stuff for all of us to collect. When I started I was a kid with a paper route, then a teen working in a grocery store, then I took a huge pay cut and became a guy touring with bands nobody had heard of, which gradually turned into gigs that made it possible to have bills to pay, and get paid. That's all pretty blue collar.

Throughout that entire time I collected.

Throughout that entire time there were things I couldn't afford (like a $500 Wagner, hahaha).

Throughout that entire time it could be argued that "investors" were "ruining the hobby".

There was nothing I could do about it then, there is nothing I can do about it now.

Only being able to collect stuff you can afford might not be "fair" but to quote a recent president "it is what it is".

Doug

[Yoda]

Originally Posted by Gorditadogg

George Soros is behind it.

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I suspect it may be Antifa or the Oath Keepers, depending on your political persuasion.

[Fred]

If you're "blue collar" and you've been collecting for a long time, then you probably have a large war chest of cards/material to trade. If you're "blue collar" and you haven't been collecting for a long time, then this "hobby" is becoming a bit more challenging to navigate.

A lot of guys on this board probably wouldn't pay the prices being asked today, but they have the ability to trade/sell off material they don't care much about for something they would like to have. This makes the hobby somewhat sustainable for a "blue collar" old time collector. One collectors trash is another collector's treasure. Sometimes it's just finding the right trading partner.

[Rhotchkiss]

Johnny630 is net54’s resident Chicken Little

That said, the original point is valid, but it applies to all cards and all “collars”. Shit is getting more and more expensive no matter what you collect and most everyone regardless of net worth is struggling to buy, or at least justify buying, the things we used to buy a year+ ago.

In late 2019, I started to fear this would happen. So I went out and bought many cards I wanted, fearing that I may get priced out soon. I spent a lot in 2020, and I am thankful I did that bc I am not sure I could, or would want to, buy those cards today. This is not a blue collar problem, it’s a card value problem, and we all feel it. But I don’t think it’s a “problem”- that’s looking at it wrong.

But let’s be honest, we should all rejoice in the price increases, as we have all made a lot of money relative to what our collections were worth in 2018. So rather than bitch about what you can’t get, be grateful that you can now sell some cards and pay for a child’s education