auction overload?

[Archive]

Posted By: Cat

I keep expecting prices to roll back somewhat. There is definately a lot of desirable material out there right now, which may exceed the $$ chasing those items. I believe that there is a built in floor to how much prices will drop in any short-term period since there is such a vast number of people that have a business specific to buying/selling cards (dealers). Therefore it is rare that you will see that "great deal" since the dealers/flippers/investors will provide a certain floor to prices. Personally, I hope that I can get some "reasonable deals" in the upcoming auctions.

What is interesting is that there are definately at least two heavy hitter purchasers that are no longer in the vintage market. Will this provide some slight roll back of prices? Only since reviewing Mastro's auction do I now know how many times I bid against Sergio Delgado in past auctions and hence realize that I had virtually no chance at winning those items. Without his bids will those same items now sell at a one or two bid discount? I can only hope so.