High end vintage card prices in 2023 - Holiday Party Debate

[Rhotchkiss]

If your friend is waiting for that card to get to $38k, his butt ain’t ever owning one in a 7 (unless horribly OC or overgraded)

[raulus]

Just keep yelling "CARDBOARD ONLY GOES UP!!!"

Until your buddy relents and agrees with you.

[hcv123]

With 21 graded 7's and only 15 higher, part of the argument becomes a "supply shortage". I suspect there are MANY people out there that would jump at that card at significantly higher than $38K (myself included). With the significantly small supply and high demand for that card, I think the $130K level is sustainable, market softness notwithstanding. IF there is any softness, as others have commented, I don't see it getting close to $38K again.

[parkplace33]

Originally Posted by Rhotchkiss

If your friend is waiting for that card to get to $38k, his butt ain’t ever owning one in a 7 (unless horribly OC or overgraded)

No, not that much. But a pullback to under 100k.

[Johnny630]

I could see under $100k short term, not close to 38k. Long term....won’t lose if bought at 75-100 Range.

[Gorditadogg]

Originally Posted by Johnny630

I could see under $100k short term, not close to 38k. Long term....won’t lose if bought at 75-100 Range.

I don't know what this means. Are you saying if the market drops 40% then you should buy the card because it won't go any lower?

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[Johnny630]

Originally Posted by Gorditadogg

I don't know what this means. Are you saying if the market drops 40% then you should buy the card because it won't go any lower?

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Yes on this specific card I feel if you can get a nicely centered low number 33, Goudey Ruth, in a 7 under $100k you're gonna do well in the long run.

[cardsagain74]

It's been almost two years since the card mania peaked, and vintage baseball has held up well. A very good sign that the current prices could be a baseline going forward.

But the unique thing about this spike is since it followed the beginning and end of the covid panic, it only took a year for it to happen and top. Often these bubbles (dot com, tulip bulb, junk wax, etc) build for a few years first.

So it'll be interesting to see what happens with this one. Especially since we're about to hit three years since this boom started

[Snowman]

No chance this card falls back down to 38k. Not even if WW3 breaks out.

[Rhotchkiss]

Originally Posted by parkplace33

No, not that much. But a pullback to under 100k.

Gotcha. It may go under $100k at some point. I would take the over, but that’s a much tighter debate than $38k