Auction amounts - how high is high

[Shoeless Moe]

Originally Posted by Johnny630

Set Collecting has gone the way of the dinosaur, agree. However I know more and more younger people that are collecting high grade 50’s and 60’s Star Cards, Mantle is always top of their list. We are talking 20-40 age range. To me there is no comparison between set builders and Star Collectors in High Grade. They want the money cards not the commons.

This is post has post has prob 5-10 guys seriously thinking about trying to join the 52 Mantle Club

Yes, and it was COVID that brought the surge of new collectors, but how many will lose money because they thought it was easy money and then drop out, how many will just lose interest because they arn't seeing returns quick enough and they will drop out, and others that got in will just lose interest. Yes some will be hooked, but I don't see there being a lot. Right now the dust has somewhat settled, and people are still overpaying. ALL collectors buying now are over-paying. You have to if you don't have the patience. But the boom is over. It's still much greater then when it started because currently there are more bodies in, but they will slowly dissipate through getting older and death or lack of interest and fast money. I'd say in 5-10 years you could see just about everything at or near 2019 prices. Barring another worldwide deadly outbreak which is always possible.

[Shoeless Moe]

and consider this.....I'm assuming must of you have go to Nationals. The recent ones I've been too I'd say the vast majority of buyers/shoppers are over 50. Yes there are youngsters, but nowhere near the amount of over 50's.

And who sets up selling these nice cards?

I'd say 95% of those with tables are guys over 50.

Where will those tables be when they are all gone in 30 years.

Covid was the Perfect Storm, hit right when the most collectors had their most money, and drew in new people who wanted a slice of the pie.

The Collector Pool will thin greatly.....just give it a week or 2 and there will be a thread about some longtime collector who died. There is one every other week if you have not noticed.

[mrreality68]

The hardest part of the price surge is on the true collectors. Those of us that are true collectors that want to buy, hold, and enjoy cards can only buy less because we have to pay alot more than we used to so we can buy cards but buy less than we would have.
For those who are investors if they have just been buying, selling, and flipping cards they have been doing very well for how much longer not sure. The key is what they are buying and what price point.
As many said the High End Hofer's and famous players and in the better grades are all doing well and should continue to do so.
However, those same cards in the middle to lower grades that have been spiking up in prices may not stay that way. Many mentioned in other threads that some cards/series have been slowing down or just staying steady.
The collectibles, the ticket stubs, photos and the likes have been spiking dramatically and those may have the biggest risk for down size.

But as many mentioned I believe even if the card market slides backwards it will just move forward again after as it always does.

Based on the popularity and attendance of regional and National Card show I think there is a great pipeline of youth getting into the collecting business.