Omnious sign in market?

[MVSNYC]

Originally Posted by Johnny630

What Happened to $306,000 last month in REA on an SGC 5 Now a 5 Sells for $146,000 Tonight? Was the other card in REA with 150,000 plus more cause had a little nicer corners and centering maybe but to me, it’s a bridge too far. I think last month was an outlier. There is still hope for us mere mortals who do not own a 311 52 Mickey.

This difference is very curious to me. Quite glaring. A very similar card, for half the price, just 6 weeks later.

[Lorewalker]

Originally Posted by MVSNYC

This difference is very curious to me. Quite glaring. A very similar card, for half the price, just 6 weeks later.

Assuming the winner of the REA example was bidding against actual bidders who wanted to win the card, I suppose it is entirely possible that nobody but 2 bidders were going for it once it got to 150ish?

I have not looked closely at images of the two cards so simply going off of what has been suggested here--that the cards were pretty close in condition. If they are similar examples then I would not feel great as the buyer of the REA example.

[Leon]

Originally Posted by MVSNYC

This difference is very curious to me. Quite glaring. A very similar card, for half the price, just 6 weeks later.

+1. I told a friend this exact same thing today. Outlier sales happen. I just wish it would be on my consignments (not specific to any AH)....
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[raulus]

Originally Posted by MVSNYC

This difference is very curious to me. Quite glaring. A very similar card, for half the price, just 6 weeks later.

I suspect a couple of collectors with cash to burn decided that this was their turn to get one. So they went nuts until one of them finally decided to throw in the towel. Naturally, if the underbidder ended up getting this next one, then it worked out well for him in the end.

[MVSNYC]

Just as we start to question the market...these two cards remind us just how crazy things still are...

[Exhibitman]

Originally Posted by MVSNYC

Just as we start to question the market...these two cards remind us just how crazy things still are...

The set break loophole to the eBay AG program appears to have closed?

[cgjackson222]

Originally Posted by Exhibitman

The set break loophole to the eBay AG program appears to have closed?

I noticed that the set break loophole is gone too. I think even Greg Morris is authenticating their high value raw cards now.

[MVSNYC]

What's this about set break on eBay? Don't know about it.

[Snowman]

Originally Posted by cgjackson222

I noticed that the set break loophole is gone too. I think even Greg Morris is authenticating their high value raw cards now.

Yes, Greg Morris confirmed...

[cgjackson222]

Originally Posted by Snowman

Yes, Greg Morris confirmed...

Thanks for reaching out to Greg Morris to confirm. Pretty sure the "set break" loophole is gone across the board.

[Lorewalker]

Originally Posted by Exhibitman

The set break loophole to the eBay AG program appears to have closed?

Set Break in the title still works. Appears Greg Morris has to hyphenate the two words now which makes the cards eligible for the AG program.

[cgjackson222]

Originally Posted by Lorewalker

Set Break in the title still works. Appears Greg Morris has to hyphenate the two words now which makes the cards eligible for the AG program.

Saw this listing that had "Set Break" in the title but also required the "Authenticity Guarantee" so I thought the loophole wasn't working.

[michael3322]

This is a fascinating discussion.

A modest proposal: For anyone with one of those subscriptions that show realized auction values, why don't you pick 50 vintage cards (or photos that have >5 sales) - 40 HoF-ers and 10 commons from key sets and run the numbers to see the % change month to month for the last 36 months? I'm guessing someone has already done this. If so, can someone post this? Otherwise, it is all anecdotal, which includes some really compelling examples, but it is hard to extrapolate for the whole vintage market from just a few examples.

[Lorewalker]

Originally Posted by cgjackson222

Saw this listing that had "Set Break" in the title but also required the "Authenticity Guarantee" so I thought the loophole wasn't working.

For now, the words set break in the title with no other characters will bypass the AG program for ungraded listings...maybe graded too. The example that you showed has parentheses which acts like the hyphen that Greg Morris now uses.

Why eBay has this loophole is beyond me. If they simply assigned the AG program to default to all listings in the item category for single trading cards cards, it would apply regardless of what the seller puts in the title.

[jamest206]

Originally Posted by MVSNYC

Just as we start to question the market...these two cards remind us just how crazy things still are...

I bid on both-as well as the O’Hara, based on the PSA 1 sold last month. The 1.5 sold for over 7k- and I was hoping for a deal at 5k. LMFAO. There is no downturn in the market- and this week has-is-and will prove it!!

[Wanaselja]

Originally Posted by MVSNYC

Just as we start to question the market...these two cards remind us just how crazy things still are...

I can’t speak to the Lundgren but I bet the person who overbid on the Cy Young had decided a week ago that they would go after that card due to the high eye appeal. I bet they had a target bid in mind that they thought would surely win. I’d also bet that after spending 5.5 hours in bumper to bumper traffic and then soothing that frustration with some strong IPA’s and then seeing their high bid not hold up they frantically hit the next bid increment with 1 second left because they wanted something to go right yesterday. Just a guess though.

[Leon]

Originally Posted by Wanaselja

I can’t speak to the Lundgren but I bet the person who overbid on the Cy Young had decided a week ago that they would go after that card due to the high eye appeal. I bet they had a target bid in mind that they thought would surely win. I’d also bet that after spending 5.5 hours in bumper to bumper traffic and then soothing that frustration with some strong IPA’s and then seeing their high bid not hold up they frantically hit the next bid increment with 1 second left because they wanted something to go right yesterday. Just a guess though.

That Cy Young was bought for the aesthetics, not the number. Same way a lot of us collect or buy. I always buy the card and not the slab. It's better in the long run.
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[Wanaselja]

Originally Posted by Leon

That Cy Young was bought for the aesthetics, not the number. Same way a lot of us collect or buy. I always buy the card and not the slab. It's better in the long run.
.

It 100% was. Thats why I put in that last frantic bid. It's an upgrade to my current Cy Young of the same grade.

[Leon]

Originally Posted by Wanaselja

It 100% was. Thats why I put in that last frantic bid. It's an upgrade to my current Cy Young of the same grade.

When I bought mine it wasn't because it's a 2.5, that's for sure. It's getting to be very cliché but more people are buying the card, it seems, nowadays.
.

[puckpaul]

Originally Posted by Wanaselja

I can’t speak to the Lundgren but I bet the person who overbid on the Cy Young had decided a week ago that they would go after that card due to the high eye appeal. I bet they had a target bid in mind that they thought would surely win. I’d also bet that after spending 5.5 hours in bumper to bumper traffic and then soothing that frustration with some strong IPA’s and then seeing their high bid not hold up they frantically hit the next bid increment with 1 second left because they wanted something to go right yesterday. Just a guess though.

Nice…lol