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

[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.

[Peter_Spaeth]

Don't I wish but not at all the point. The points are these: 1. This has been discussed ad nauseum on a near-constant basis. 2. Nobody here knows the future, it's a meaningless conversation.

[oldschool73]

Thanks for being omniscient on worthwhile discussion.why interject if not worthwhile?

[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.

[samosa4u]

Originally Posted by Peter_Spaeth

Never seems to happen to any card I want though.

You should start a YouTube channel lol

[Peter_Spaeth]

Originally Posted by samosa4u

You should start a YouTube channel lol

LOL. Could I be any worse than SCR or Geoff Wilson?

[jchcollins]

Originally Posted by Peter_Spaeth

Never seems to happen to any card I want though.

Ditto. Even with postwar standard stuff that isn't rare by any stretch of the imagination. The BIN's remain high on most decent looking midgrade slabs, and waiting out auctions with any consistency to get a real deal has never been my strong suit...

[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"?

[Peter_Spaeth]

Originally Posted by Exhibitman

"sci 500"?

Index started in the pandemic by Geoff Wilson, one of the modern investment types with a big online presence. Not sure of the components.

[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?

[Mark17]

Originally Posted by BobbyStrawberry

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

It changes every 4 years based on whom the networks want to blame. The networks that paint a rosy picture now will flip to negative, and vice-versa.

[BobbyStrawberry]

Originally Posted by Mark17

It changes every 4 years based on whom the networks want to blame. The networks that paint a rosy picture now will flip to negative, and vice-versa.

On this we agree

[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.

[toledo_mudhen]

How does that Fester Card only grade a 6??????

WTF

[butchie_t]

Originally Posted by toledo_mudhen

How does that Fester Card only grade a 6??????

WTF

It's obvious, ... no light bulb.

[Fred]

Supply and demand, right? Economic conditions play a role, but the bottom line is the demand. As long as there are people (collectors or investors) that are willing to pay high prices for cards, then there will be strength in pricing (demand).

What hurts the pricing is when people get greedy and try to manipulate the market and create the illusion of a "hot" market with hype or other means.

At some point in time the investor side will get burned because they're buying with the idea the card "market" will continue to rise and they'll find out the hard way that the pricing will not continue to grow infinitely when they don't have a chair to sit in when the music stops.

As long has you have two people willing to bid up prices, there will appear to be strong demand.

To the investors out there: Keep the hype machine going but make sure you have your chair when the music suddenly stops because if you don't have a chair, then welcome to the collecting community (unless of course you want to take a financial loss and dump your cardboard because you really never cared for it in the first place).