For those who believe today’s values are up……

[Balticfox]

Originally Posted by bcbgcbrcb

Focusing on the blue chip cards for post-war from mid-2021 to today:

Mantle RC down
Mays RC down
Aaron RC down
Clemente RC down
Koufax RC down
Jackie RC down
Musial RC down

That’s a clean sweep, 7 for 7, all down and I believe these are the biggest 7 names of the post-war era. So, my question is now, if you hold on to these long enough, you will reach the black eventually or never again reach those heights?

"Never" is a long time. How long it takes for those cards to "get back" to those peak prices may therefore be largely a function of how quickly the government debases the currency. We're not on any gold standard (or even a less formal silver standard) anymore.

[raulus]

Originally Posted by Balticfox

"Never" is a long time. How long it takes for those cards to "get back" to those peak prices may therefore be largely a function of how quickly the government debases the currency. We're not on any gold standard (or even a less formal silver standard) anymore.

You bring up a good point about the effects of inflation.

Between June 2020 and June 2024, inflation as calculated by the BLS was about 22%. So if you deflate today’s prices at that rate, they look a little less ludicrous.

Of course, that’s just the inflation rate here in the US. For radical Canadians, it might be higher.