Where is the market?...is a "crash" coming

[Johnny630]

Post War has Substantially Corrected from the highs which I contend many may have been fluff numbers…we are entering imo a normalization period…we will be up from pre pandemic but nowhere near as up as in what cards were selling for in major auctions back in 2021.

I seen a few dealers this weekend with tons of over priced graded post war….none of it was selling. The reason it’s for sale and not up for auction is because they don’t have the guts to roll the dice…they know people aren’t paying up like they did.

Pre War and the Post War Killer Names Centered in higher grades are all more then Fire 🔥 Cobb Ruth Wagner Jackson Mantle Jackie and Mays.

[rjackson44]

Yes the market is crashing ,thats why i bought 1 k in vintage hockey😳😳💃🏼

[Peter_Spaeth]

How many times can we keep doing this?

[theshowandme]

I will keep buying

[mrreality68]

I believe there are several threads on this including one just a few weeks ago.
But regardless over the long haul there is definitely growth.
Vintage is less risk and more steady than modern.

To most of us who are collectors
1. Buy what you enjoy
2. Try buying the best card you can afford of the card you want and focus on eye appeal, centering etc.
3. Try not to use your charge cards to pay for it unless you get rewards points and can pay it off fast.
4 sharing your collections and things you win with pictures so we can enjoy your collection with you. As we all collect different things and some similar and we enjoy see what others have

[Peter_Spaeth]

Where is the market going?
Are we at a peak?
Are we at a bottom?
Should I buy now or wait?
Should I sell now or wait?
Where do you see the market a year from now? A month from now? Tomorrow?
What cards do you think will gain in value? Retain their value? Drop in value?

What happened to collecting?

[Snapolit1]

Economists have correctly called 25 of the last 6 recessions.

[oldschool73]

Lucky you..so fortunate to have infinite disposable income and not worry about price.

[Exhibitman]

Originally Posted by Peter_Spaeth

Where is the market going?
Are we at a peak?
Are we at a bottom?
Should I buy now or wait?
Should I sell now or wait?
Where do you see the market a year from now? A month from now? Tomorrow?
What cards do you think will gain in value? Retain their value? Drop in value?

What happened to collecting?

Yes.

[samosa4u]

The SCI 500 shows us that prices have been falling since 2021. When are we going to hit the bottom? Nobody knows.

[Peter_Spaeth]

Originally Posted by samosa4u

The SCI 500 shows us that prices have been falling since 2021. When are we going to hit the bottom? Nobody knows.

Never seems to happen to any card I want though.

[Exhibitman]

Originally Posted by samosa4u

the sci 500 shows us that prices have been falling since 2021. When are we going to hit the bottom? Nobody knows.

"sci 500"?

[Madi$on18joshua]

Originally Posted by mrreality68

I believe there are several threads on this including one just a few weeks ago.
But regardless over the long haul there is definitely growth.
Vintage is less risk and more steady than modern.

To most of us who are collectors
1. Buy what you enjoy
2. Try buying the best card you can afford of the card you want and focus on eye appeal, centering etc.
3. Try not to use your charge cards to pay for it unless you get rewards points and can pay it off fast.
4 sharing your collections and things you win with pictures so we can enjoy your collection with you. As we all collect different things and some similar and we enjoy see what others have

well said Jeffrey!

[raulus]

Originally Posted by Peter_Spaeth

How many times can we keep doing this?

For as long as it takes!!!

[trambo]

Originally Posted by Peter_Spaeth

How many times can we keep doing this?

I'm thinking maybe like six more times.....

[Peter_Spaeth]

Originally Posted by trambo

I'm thinking maybe like six more times.....

Maybe we could have a permanent thread.

[Snapolit1]

It's pretty remarkable how if you watch one TV network for any period of time you walk away firmly convinced that (a) we have never had more violent crime in the history of the country and (b) the economy has never been worse in our lifetimes.

[BobbyStrawberry]

Originally Posted by Snapolit1

It's pretty remarkable how if you watch one TV network for any period of time you walk away firmly convinced that (a) we have never had more violent crime in the history of the country and (b) the economy has never been worse in our lifetimes.

Hmm....which TV network could that be?

[Leon]

Originally Posted by Peter_Spaeth

Maybe we could have a permanent thread.

And it can be stickied to the top of each section!!
.

and a card...

[parkplace33]

I don't predict a crash, but it was very telling that several REA lots did not meet their respective reserves last night.

[RCFire82]

Originally Posted by Johnny630

Pre War and the Post War Killer Names Centered in higher grades are all more then Fire 🔥 Cobb Ruth Wagner Jackson Mantle Jackie and Mays.

I've seen it with the others...but Reggie Jackson?

[Mark17]

And Jackie Coogan??

[brianp-beme]

Originally Posted by Mark17

And Jackie Coogan??

That Addams Family card is well centered...Uncle Fester's head is sunken down smack dab into the middle of his sternum.

Brian

[frankbmd]

Originally Posted by brianp-beme

That Addams Family card is well centered...Uncle Fester's head is sunken down smack dab into the middle of his sternum.

Brian

The Fester card is mislabeled. I believe that is a Fetterman RC, not Fester.

[Pato15]

Originally Posted by RCFire82

I've seen it with the others...but Reggie Jackson?

Don't be silly. They're obviously talking about Roy Lee Jackson

[BabyRuth]

Just some food for thought:

1968 Topps 3-D Uncut sheet with Clemente and 2 proof cards


Summer 2023 REA Lot#1402 sold for $29,400

Fall 2023 REA Lot#2149 hi bid $13,000 - not sold reserve not met

Looks like the exact same sheet, with the exact same description for both auctions.

What a difference 3 months make!!!

[Aquarian Sports Cards]

Originally Posted by BabyRuth

Just some food for thought:

1968 Topps 3-D Uncut sheet with Clemente and 2 proof cards


Summer 2023 REA Lot#1402 sold for $29,400

Fall 2023 REA Lot#2149 hi bid $13,000 - not sold reserve not met

Looks like the exact same sheet, with the exact same description for both auctions.

What a difference 3 months make!!!

Or maybe the first sale wasn't completed and so the price was spurious, and the second sale is the actual market price.

[raulus]

Originally Posted by Aquarian Sports Cards

Or maybe the first sale wasn't completed and so the price was spurious, and the second sale is the actual market price.

Could be!

Of course, it seems like people are willing to accept high sales as real when they want to suggest that the market is going up. When it’s coming back down, then the high sale was never real, so it should be ignored!

[Peter_Spaeth]

Originally Posted by raulus

Could be!

Of course, it seems like people are willing to accept high sales as real when they want to suggest that the market is going up. When it’s coming back down, then the high sale was never real, so it should be ignored!

Yep. Spin the data to fit the thesis.

[Johnny630]

[QUOTE=Aquarian Sports Cards;2394538]Or maybe the first sale wasn't completed and so the price was spurious, and the second sale is the actual market price.[/QUOTE

BINGO

[cornhusker]

Originally Posted by BabyRuth

Just some food for thought:

1968 Topps 3-D Uncut sheet with Clemente and 2 proof cards


Summer 2023 REA Lot#1402 sold for $29,400

Fall 2023 REA Lot#2149 hi bid $13,000 - not sold reserve not met

Looks like the exact same sheet, with the exact same description for both auctions.

What a difference 3 months make!!!

3 month diff and at least 1 less serious bidder

[BabyRuth]

Just some food for thought:

Found another data point

1968 Topps 3-D Uncut sheet with Clemente and 2 proof cards

Spring 2018 REA Lot#1651 sold for $39,000

Summer 2023 REA Lot#1402 sold for $29,400

Fall 2023 REA Lot#2149 hi bid $13,000 - not sold reserve not met

Looks like the exact same sheet, with the exact same description for both auctions.

What a difference 3 months make and what a difference 5 years make!!!

[raulus]

Originally Posted by BabyRuth

Just some food for thought:

Found another data point

1968 Topps 3-D Uncut sheet with Clemente and 2 proof cards

Spring 2018 REA Lot#1651 sold for $39,000

Summer 2023 REA Lot#1402 sold for $29,400

Fall 2023 REA Lot#2149 hi bid $13,000 - not sold reserve not met

Looks like the exact same sheet, with the exact same description for both auctions.

What a difference 3 months make and what a difference 5 years make!!!

Yeah...

Appreciate the added data point, because it helps to suggest that maybe the 2023 sale wasn't a fake sale. Unless we're going to argue that the 2018 sale was also fake. I suppose as long as there can be 1 fake sale, then there can be multiple fake sales. Hell, they might all be fake sales. Aside from my own purchases, I suppose it's hard to really know for sure about anything else.

At the same time, even assuming all of these are good sales, I wouldn't read too much into these data points. This is just too much of a specialty item. A bidder or two can make a big difference, depending on whether they're paying attention, and whether they're in or out of the market at the moment for this piece.