Market gridlock

[Fred]

Originally Posted by Snapolit1

Seems to me that large parts of the market for cards and collectibles is just frozen. Stuck in the mud. Sellers looking at where we were not too long ago asking for well more than buyers are offering. eBay a museum platform in many ways as as often discussed. At auction, big headline stuff sells but lots underperform. A few recent auction I was counting all the lots they didn’t meet reserve. I’ve seen it both as a seller (even here) and a buyer. Hope there is some healthy adjustment or readjustment coming.

Reminds me of that old song, “there ain’t no good guy …. There ain’t no bad guy …. There’s just you and me and we just disagree ….”

I bet if Dave Mason was a card collector, he'd have said something different:
“there ain’t no good schmucks …. there ain't no bad schmucks …. There’s only you and me and we just disagree ….”

Yup, hoping for a healthy readjustment and hope it's coming soon.

Lousy time to be a flipper, eh...

[BobbyStrawberry]

Totally agree. Even the BST activity here seems to have slowed way down from the past few years.

[Snapolit1]

I’ve been on all sides of it. Recently tried to see a photo on BST that was priced at $600 less than a nowhere nice version sold last month at REA. And I prob have gone lower, trying to raise a little $$. Not a sniff. Maybe I need to form a company and change my name.

[Leon]

Originally Posted by Snapolit1

I’ve been on all sides of it. Recently tried to see a photo on BST that was priced at $600 less than a nowhere nice version sold last month at REA. And I prob have gone lower, trying to raise a little $$. Not a sniff. Maybe I need to form a company and change my name.

I don't know about others, but I have a little fatigue with the exorbitant prices of the top players.
.

[BobbyStrawberry]

I wonder if a general sense of uncertainty has a part in it as well.... prices on goods at record highs, multiple wars raging abroad with no end in sight, widespread domestic political dysfunction... Of course I could be completely wrong that this has anything to do with it but it might be a factor

[toledo_mudhen]

Originally Posted by BobbyStrawberry

I wonder if a general sense of uncertainty has a part in it as well.... prices on goods at record highs, multiple wars raging abroad with no end in sight, widespread domestic political dysfunction... Of course I could be completely wrong that this has anything to do with it but it might be a factor

I'm betting that THIS is exactly what's wrong with it and it wont get fixed until November 2024.....

[glynparson]

Exempting the unnatural pandemic market prices are almost always down a good bit in December. When I was flush with cash before I got sick I would buy tons of material
In December. It’s generally a great time to pick up stuff. Less competition due to people
Buying stuff for family at the holidays and often some more things in the market because people are trying to generate cash to buy presents. I don’t judge the market much on what happens in December. If it’s still this stagnant and down when February rolls around it will be of more concern than it being down right now. Either way we are clearly down from the absurd pandemic market but everyone that was being rational and honest knew the market could not stay like it was in 2020-2022.

[3-2-count]

Originally Posted by Leon

I don't know about others, but I have a little fatigue with the exorbitant prices of the top players.
.

I second that Leon.

[mrreality68]

Originally Posted by 3-2-count

I second that Leon.

I agree so

I see your Léon and raise you one more Leon

[pherbener]

Originally Posted by Snapolit1

I’ve been on all sides of it. Recently tried to see a photo on BST that was priced at $600 less than a nowhere nice version sold last month at REA. And I prob have gone lower, trying to raise a little $$. Not a sniff. Maybe I need to form a company and change my name.

I think photos sometimes are tough when selling directly vs. auction. I had a photo up on the BST and ebay a couple of years ago for $10K and ended up selling in RMY a few months later for over $18K

[mrreality68]

A lot of us might have more then spent our funds(I liked to buy 2 quality items a year) now last few years so many people selling their collections so many items have not seen in years and were afraid might not appear again for a while so many of us started over buying. So now I was doing 4 or 5 items a year.
Love it all but not much time to regroup when something next comes.

As the market continues/continues to go up bigger investments. So many took profits on what they bought pre spike or during early portions.

Now as the market has kind of caught up people that spent a lot are waiting for values to go up to take profit or as collectors enjoying what we have.

[bnorth]

Originally Posted by BobbyStrawberry

Totally agree. Even the BST activity here seems to have slowed way down from the past few years.

I have noticed that also. I don't see as many T210s or T212s anymore. Also don't see near as much lower priced odd ball stuff.

Totally pumping up the BST $1 auction section here. We usually have between 8-16 auctions every week with a $1 opening bid. It is an awesome place to sell something you no longer collect or pick up something nice at a reasonable price.