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Reload this Page Let's see how far THIS one has fallen! 1958 Topps Jim Brown! Ends tonight!
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  #1  
Old 04-24-2023, 05:52 AM
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bobbyw8469 bobbyw8469 is offline
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The Brown sold for $47k . TERRIBLE flip for the one who bought it during Covid. Also, the Koufax PSA 9 sold for $384k.
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  #2  
Old 04-24-2023, 09:04 AM
Arazi4442 Arazi4442 is offline
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From the “assets” I keep an eye on, this Jim Brown card seems pretty indicative of the market…

Pre-Covid price = X
Peak of Covid spike = 5-10X
Current = 2-3X
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  #3  
Old 04-24-2023, 10:56 AM
parkplace33 parkplace33 is offline
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Originally Posted by bobbyw8469 View Post
The Brown sold for $47k . TERRIBLE flip for the one who bought it during Covid. Also, the Koufax PSA 9 sold for $384k.
I have so many questions about these "purchases" over the last 3 years.
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  #4  
Old 04-24-2023, 02:16 PM
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Originally Posted by parkplace33 View Post
I have so many questions about these "purchases" over the last 3 years.
That's the thing. Prices get reported, but if the sale doesn't go through or there are other things making it unreliable, those don't get reported.
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  #5  
Old 04-24-2023, 02:27 PM
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darwinbulldog darwinbulldog is offline
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Originally Posted by Peter_Spaeth View Post
That's the thing. Prices get reported, but if the sale doesn't go through or there are other things making it unreliable, those don't get reported.
But that isn't specific to 2020-2022 or any other period; it's just always been noise in the data.
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  #6  
Old 04-24-2023, 02:39 PM
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Peter_Spaeth Peter_Spaeth is offline
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But that isn't specific to 2020-2022 or any other period; it's just always been noise in the data.
Right, but it becomes more of an issue during periods where there is a high suspicion that sales are not real.
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Four phrases I have coined that sum up today's hobby:
No consequences.
Stuff trumps all.
The flip is the commoodity.
Animal Farm grading.
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  #7  
Old 04-24-2023, 03:11 PM
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darwinbulldog darwinbulldog is offline
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Originally Posted by Peter_Spaeth View Post
Right, but it becomes more of an issue during periods where there is a high suspicion that sales are not real.
My guess is people were less likely to back out of a purchase when they perceived the market was booming (e.g., two years ago) than they are now.
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  #8  
Old 04-24-2023, 03:12 PM
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Peter_Spaeth Peter_Spaeth is offline
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Originally Posted by darwinbulldog View Post
My guess is people were less likely to back out of a purchase when they perceived the market was booming (e.g., two years ago) than they are now.
My guess is that in times like 2016 the market was booming in part because of FOMO created by fake sales. There was a post on Blowout a few years ago that strongly suggested lots of reported sales by PWCC never happened, for example.
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Four phrases I have coined that sum up today's hobby:
No consequences.
Stuff trumps all.
The flip is the commoodity.
Animal Farm grading.
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