Card Prices During Recessions

[UKCardGuy]

Originally Posted by obcbobd

Short term, I don't see prices falling much. The guy who bought a Ruth for $10k as an investment is not going to sell it at a big loss. He will sit on the card.

Eventually, he, or his heirs, will sell for whatever they can get. But that may be a ways off.

Yep they'll hold it until they need cash. As my father used to say...

"When does a recession become a depression? When you lose YOUR job."

[MailboxBaseball]

As the original poster, I just wanted to pop in and say thanks for all of the great responses.

Lots of bright folks here, and i appreciate everyone's insights.

I tend to agree with the majority. I think of it like this, certain cards seem to truly cross-over into the fine art and americana category. Like a 1933 goudey Ruth with bright colors, or a 52 Topps/53 Topps Mantle with great eye appeal.

Or a black history crossover like a 48 Leaf Robinson or a 52 Topps Robinson.

I think when you tap into these fine art quality and historically significant cards, they are certainly more recession-proof than say for example a really nice 1955 Topps Millie Mays in a PSA 3. While the Mays is a wonderful card, it may suffer a bit more of a drop during hard times. In my non-expert opinion.

Thanks again everyone