Card Interest Down? Not at the National.

[brunswickreeves]

Originally Posted by Yoda

Grading has changed the whole matrix of how the hobby's economics functioned in the past.

I recall a mid 1990s Beckett article about PSA changing the hobby dynamics and valuation, wow was it an undersell!

[Hankphenom]

Originally Posted by brunswickreeves

I recall a mid 1990s Beckett article about PSA changing the hobby dynamics and valuation, wow was it an undersell!

There was fierce opposition at first from a who's who of major players, dealers, collectors, and AHs alike. Then when the tide began to turn about 25 years ago, it seemed like the entire hobby for several years was driven by buying raw to submit and collectors getting their collections graded to cash in on the higher prices graded cards were getting. Eventually, you couldn't hardly sell a non-graded card of any consequence. Same with autographs.

[BigfootIsReal]

If card "interest is up" why do prices continue to crumble?

[BioCRN]

Originally Posted by BigfootIsReal

If card "interest is up" why do prices continue to crumble?

Crumble is a bit dramatic. It's not 2021/2022 anymore, but before the "COVID bump" era of the hobby things were rather flat for well over a decade.

We're off-peak, but there's still an elevated interest in the hobby and plenty of money flowing through it.

At the very least the current "new normal" is searching for a floor that's a still a significant boost over pre-2019 prices.

[Exhibitman]

Originally Posted by BigfootIsReal

If card "interest is up" why do prices continue to crumble?

If they were crumbling I’d have finished my Goudey Ruth run.

[babraham]

Originally Posted by Exhibitman

If they were crumbling I’d have finished my Goudey Ruth run.

Right?

Prices have stabilized or come down a bit, for sure...but certainly haven't seen any vintage cards crumble in value (yet, at least).

[BigfootIsReal]

Originally Posted by babraham

Right?

Prices have stabilized or come down a bit, for sure...but certainly haven't seen any vintage cards crumble in value (yet, at least).

Just look at the 1948 Blue Tint or 1947 Bond Bread or 1952 Star-Cal where just last week a Mays A sold for $1,345 when the sale before that was almost 1,900 (won't find this sale, I forgot this sale was a private one I witnessed at a show).

[parkplace33]

Originally Posted by BigfootIsReal

If card "interest is up" why do prices continue to crumble?

On the low grade/less desirable stuff, sure.

On the good stuff? Negative.

[Johnny630]

Originally Posted by parkplace33

On the low grade/less desirable stuff, sure.

On the good stuff? Negative.

Agree the good stuff if it really want's to be sold it goes to the big houses. If it want's to be on display for show and tell it sits in showcases for eye candy.

[Snapolit1]

Everyone can offer whatever anecdotal takes they want . . . and none of us knows for sure whether demand for vintage is "up" or "down". Not sure why its even that important.

[raulus]

Originally Posted by Snapolit1

Everyone can offer whatever anecdotal takes they want . . . and none of us knows for sure whether demand for vintage is "up" or "down". Not sure why its even that important.

Well, we’ve got to have something to debate and argue about!

Plus, if you’re planning to make some acquisitions of ubiquitous stuff that can be found every day, then maybe you have a choice between buying now, if prices are headed up, or waiting a bit, if prices are trending down.

[BigfootIsReal]

Originally Posted by Snapolit1

Everyone can offer whatever anecdotal takes they want . . . and none of us knows for sure whether demand for vintage is "up" or "down". Not sure why its even that important.

Evidently you could care less if your card is worth $100 or $10,000.........since it's not important, why not sell me everything you have for, let's say, $10 ?

[obcbobd]

Originally Posted by Snapolit1

Everyone can offer whatever anecdotal takes they want . . . and none of us knows for sure whether demand for vintage is "up" or "down". Not sure why its even that important.

Well as a collector, I am hoping for prices to go down - a lot.

My heirs will want prices to go up - a lot.

The investor wants prices to go up on cards they own and go down (just for a short time) on new cards they invest in.

Or something like that. I guess it's kinda complicated.