Love of the Game's (and other) summer auctions

[Peter_Spaeth]

Originally Posted by Exhibitman

I am a little overwhelmed by the number and quality of auctions this summer. There are some really great cards changing hands.

Just as one example, 31 T206 Cobbs in REA.

[raulus]

Originally Posted by Peter_Spaeth

Just as one example, 31 T206 Cobbs in REA.

And every single one will sell for a new record (for the grade)…

[Snapolit1]

Weird that everyone is selling but we all know that prices on the Cobbs have to keep going up.

Zero risk. Defies logic.

[Huck]

Originally Posted by Snapolit1

Weird that everyone is selling but we all know that prices on the Cobbs have to keep going up.

Zero risk. Defies logic.

To pull from another thread -

Originally Posted by Republicaninmass

Happy to be selling into strength.

It's only stuff, but can translate into 1s and 0s that are accepted anywhere. My worry would have been if I passed away or needed to sell, the market wouldn't have cooperated. It's one less worry for myself and my family with the bulk of it sold.

Collector's are likely selling into strength. Is this a top? Who knows. Consumer credit card debt just hit 1 trillion dollars! This was interesting "affluent families carrying $8K in debt still have some dry powder". This is not going to end well.

[Peter_Spaeth]

Originally Posted by raulus

And every single one will sell for a new record (for the grade)…

Yes, that goes without saying. As well as any card I might have interest in.