T206 Set...Minus the Big Four, and other Subsets...Will values keep climbing?

[asphaltman]

Originally Posted by Metsfan0507

This is something I'm struggling with as a relatively young (mid 30s) collector just getting into pre-war vintage. Do I buy now because prices will only continue to rise, or wait for prices to drop as older collectors start liquidating their collection (or their heirs do it for them). People in their 20s and 30s now for the most part can't really afford to drop thousands on Cobbs, Youngs, etc while also trying to buy houses and start families, so are they going to suddenly start buying (and spending big $) when they have more $ in their 50s and 60s? I imagine most of the $ being spent now is people in their 50s and 60s that started collecting in their 20s and 30s when costs weren't prohibitive, so they were hooked from an early age. Will the hobby continue to hook people who can only afford to enter the hobby at a much later age? Without new younger buyers, at some point prices have to drop to the point that it does attract new younger buyers.

This was also my same argument 25 years ago when I got into the hobby in my 20's. 25 years later...the next generation has just continued to push prices...We are 110 years past T206....hard to think everything relies on just the baby boomer generation having maxed this set out...but who knows.

[Metsfan0507]

Haha, good to know that the more things change, there are some that stay the same. I hope you're right!

Originally Posted by asphaltman

This was also my same argument 25 years ago when I got into the hobby in my 20's. 25 years later...the next generation has just continued to push prices...We are 110 years past T206....hard to think everything relies on just the baby boomer generation having maxed this set out...but who knows.

[MVSNYC]

Originally Posted by asphaltman

This was also my same argument 25 years ago when I got into the hobby in my 20's. 25 years later...the next generation has just continued to push prices...We are 110 years past T206....hard to think everything relies on just the baby boomer generation having maxed this set out...but who knows.

The love and admiration for T206 isn't going anywhere.

My son, who's really gotten into collecting, of course likes some modern, BUT is most enthralled with T206, and it's depth (HOFers, SLers, all the different backs, etc). Not saying every young collector will be like him, but it's exciting to see him so into the set.

[Yoda]

I am beginning to wonder what with the collapse of the crypto market, rising interest rates and the banking sector seemingly shaky, whether some will bury their money in the backyard for self-protection, digging some up when the family screams for a trip to the Golden Arches. Gov't Covid relief money has pretty much dissipated, some of it obtained fraudulently, and people are more or less financially on their own. The uber rich will continue to buy high value cards as Wall St. seems to approve of sports cards as an admitted asset. But for the average Joe vintage cards may not be the highest priority.

[parkplace33]

Originally Posted by Yoda

I am beginning to wonder what with the collapse of the crypto market, rising interest rates and the banking sector seemingly shaky, whether some will bury their money in the backyard for self-protection, digging some up when the family screams for a trip to the Golden Arches. Gov't Covid relief money has pretty much dissipated, some of it obtained fraudulently, and people are more or less financially on their own. The uber rich will continue to buy high value cards as Wall St. seems to approve of sports cards as an admitted asset. But for the average Joe vintage cards may not be the highest priority.

Great points here.

I recently dealt with a collector wanting to sell a few higher end cards. They straight up told me they would only sell for physical silver and gold due to fears of a global digital currency. I told them if that happens, it is basically the end of the world economy. I don’t think they liked that response.

[Vintage Vern]

Originally Posted by asphaltman

This was also my same argument 25 years ago when I got into the hobby in my 20's. 25 years later...the next generation has just continued to push prices...We are 110 years past T206....hard to think everything relies on just the baby boomer generation having maxed this set out...but who knows.

I don't think the next generation is pushing the prices, I think people that have the means are pushing the prices.