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#1
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So true! I feel your pain, especially on the stock side of the equation.
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Successful Transactions: perezfan, camaro69, dhicks67, Ed_Hutchinson, jingram058, LACardsGuy |
#2
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Certain other markets may be sucking the wind out of cards. The stock market keeps hitting record highs, so no one is realizing their gains and putting their winnings into cards. Residential real estate in certain areas is also way up. The median house price in Los Angeles os $900,000, which is a crazy high record. No one there is having a windfall selling because mortgage rates are so high to replace a sold home--inventory is way down, and the 'treats' that sellers might buy are not getting bought. Commercial real estate (offices) is a cash flow investment (primarily) but is in the toilet, so the cash flow from those investments is gone and that may also be exerting a downdraft on higher end cards. I know of quite a few big time card buyers whose primary livings are in that sector and they aren't buying. Then, of course, there is the perception of value question. A collector with a highly appreciated collection doesn't see a card that he paid $1800 for as a $10,000 card, even if it down from $16,000 a year ago. I know i fall into that mindset and simply cannot bring myself to buy high-demand cards that are 4x or more above where they were several years ago. I know I've stopped seriously shopping for those cards and have instead been focusing on cards that are objectively rare instead. My last 2 big pick-ups have all been of that nature: a signed Joe Louis Exhibit card and a signed 1972 STP Richard Petty card.
It doesn't take a lot to crush the market even for Cobb or Ruth when the pool of collectors able to afford big cards is a relatively small number of people to begin with.
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Read my blog; it will make all your dreams come true. https://adamstevenwarshaw.substack.com/ Or not... Last edited by Exhibitman; 05-25-2024 at 11:07 AM. |
#3
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The T206 Cobbs have considerably come down since 2021-22…..a lot of dealers and consignment guys are loaded with them at shows…still asking 2021-22 prices and their sitting with show after show.
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#4
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Yep, using the 707 method. Trying to dollar cost average
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"Trolling Ebay right now" © Always looking for signed 1952 topps as well as variations and errors |
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How about the condition ? Are the Cobb's dealers are sitting on heavy in the grade 1-3 condition, how many seem available in mid grade 4-5 condition, and then high end grade 6+ condition? Same question on centering - are the 70/30, 65/35 stagnant, or are the decent centered 60/40 ish stuff also sitting? Then what about the nicely centered 60/40 and better Cobb cards - are they in high demand and don't last long in showcases or also stagnant ?
I have read quite a bit that folks are primarily only after the nice for the grade cards, and just walking by the lesser for the grade cards. |
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( h @ $ e A n + l e y |
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For about 12-18 months, Cobbs went crazy. They've definitely reversed course as of late but still generally above a few years ago. Many of them aren't terribly scarce so seeing dozens of them at most auctions and card shows is the current norm. It'll normalize at some point and maybe it already has.
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#8
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#9
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Are you seeing this with all four styles?
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#10
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I understand the argument with why other players are not as high as Cobb. He has come down over the years but is still quite expensive if you're looking for a good example.
__________________
Looking for 1930 baguer chocolates Al Lopez 1880-1930s Detroit Tigers 1907 Wolverine News Postcards 1907 Dietsche Detroit Tigers Postcards 1907-1909 H.M. Taylor Detroit Tigers Postcards 1908 Brush Detroit Postcards 1908 Detroit Free Press Postcards 1909 Topping & Co Postcards 1935 M120 Detroit Free Press. 16/18 complete. Need Mickey Cochrane and Tommy Bridges. |
#11
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My t205 Ty Cobb cost $450. Those days aren't coming back.
__________________
James Ingram Successful net54 purchases from/trades with: Tere1071, Bocabirdman, 8thEastVB, GoldenAge50s, IronHorse2130, Kris19, G1911, dacubfan, sflayank, Smanzari, bocca001, eliminator, ejstel, lampertb, rjackson44, Jason19th, Cmvorce, CobbSpikedMe, Harliduck, donmuth, HercDriver, Huck, theshleps Completed 1962 Topps Completed 1969 Topps deckle edge Completed 1953 Bowman color & b/w *** Raw cards only, daddyo! *** |
#12
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I wish they were more accessible for everyone. Long term supply / demand and good ole fashion inflation.
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Collect: T206 / 1950s Looking For: 1933 Goudey Babe Ruth (144,149,181) 1951 Bowman Mickey Mantle 1953 Topps Jackie Robinson 1953 Topps Willie Mays 1951 Bowman Willie Mays 1952 Bowman Willie Mays |
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i don't know what propaganda you are reading about L.A. but clearly whoever is spewing it has an agenda and facts be damned. The City of Los Angeles is over 500 square miles. For comparison, Manhattan is 23 square miles and 13 miles in length, and the state of Rhode Island is 1214 square miles. The skid row homeless encampments that all of the people shit-posting L.A. focus on is a small area about 20 miles from where I live. In other words, nearly two Manhattans away, and with a mountain range between us and them. As for moving to a cheaper state, uhh, no thanks. They do not offer the vibrant lifestyle, magnificent weather, and diversity that we have here. And no beaches inland.
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Read my blog; it will make all your dreams come true. https://adamstevenwarshaw.substack.com/ Or not... |
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Last edited by Snapolit1; 05-27-2024 at 02:49 PM. |
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Same with the supposedly crime-infested ghetto called D.C. But If you want to live anywhere but across the Anacostia River, you better be holding some serious cash.
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For other right-wing nut jobs, here is a nice Cobb card…. |
#20
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And this forum is not the place for our discussion, so I'll try to end it by saying that I just don't think what you've said is true. I've lived in D.C. most of my life, but also L.A. and S.F., and yes,, they all have problems, but so do small towns, medium-size towns, farm areas, etc. Our homogenized suburbs are probably the best places to live if you don't mind living in the same cheesy Toll Bros. developments with the same strip malls with the same stores every mile or so, etc. Now I live in the lovely, historic, and very liberal small town of Winchester, VA, but it is surrounded by the very right wing Frederick County. No one in either is trying to ruin anything, but to make things better for our kids and grandkids, and I believe that's what people all over the U.S.A. are mostly interested in. I just don't see how you can say that nobody wants to live in the cities but it's unaffordable to live there. That doesn't make sense to me, other than as a phony way to demonize liberal-voting areas. I don't care how you vote or where you live, we're all Americans so let's try to come together and improve things through "truth, justice, and the American way." That's how Superman wanted it, and that's good enough for me. Over and out. |
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California's been good to me Hope it don't fall into the sea Sometimes you got to save yourself It ain't like anywhere else It ain't like anywhere else Sundown, red skies Nobody's been around Sundown, blue eyes I kinda like this party town California's treated me good I pray to God that the hills flood Sometimes you got to trust yourself It ain't like anywhere else Last edited by Fuddjcal; 05-27-2024 at 01:02 PM. |
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Rollin' down the Imperial Highway
With a big nasty redhead at my side Santa Ana winds blowing hot from the north And we was born to ride Roll down the window, put down the top Crank up the Beach Boys, baby Don't let the music stop We're gonna ride it till We just can't ride it no more From the South Bay to the Valley From the West Side to the East Side Everybody's very happy 'Cause the sun is shining all the time Looks like another perfect day Look at these women Ain't nothin' like 'em nowhere. Century Boulevard We Love It! Victory Boulevard We love it! Sixth Street We love it! We love it! We Love It! We Love LA!
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Read my blog; it will make all your dreams come true. https://adamstevenwarshaw.substack.com/ Or not... Last edited by Exhibitman; 05-27-2024 at 02:51 PM. |
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