Crazy escalation in card prices, or is it just me?

[Howe’s Hunter]

About a month and a half ago, there was a Home Run Baker card with Howe’s stamp that came up on an online auction. I missed it by the $2.50 next bid, but have no idea how high the winner might have wanted to go.

The card just listed on eBay as a buy it now at more than 4X what he won it for a month and a half ago.

Anybody else have any investments (they think) that have appreciated so much in such a short time?

[ctownboy]

Just because they are asking four times what they paid for it doesn't mean cards prices have escalated. Heck, they may know that you are trying to put the collection back together and think you will pay whatever they ask for their card.

David

[packs]

To me a Buy It Now price always means Never Buy This Card.

[bobbyw8469]

Originally Posted by packs

To me a Buy It Now price always means Never Buy This Card.

Some are reasonable. Most are not. I see a Jim Thorpe Sports King that I was the underbidder on thru Hunt Auctions. I am pretty sure I am the only one who has made an offer on the card. It is marked up quite a bit.

[rats60]

Originally Posted by packs

To me a Buy It Now price always means Never Buy This Card.

I have seen cards bought from major auction houses immediately listed for two to three times more on eBay and then go unsold for months or years.

[bobbyw8469]

Originally Posted by rats60

I have seen cards bought from major auction houses immediately listed for two to three times more on eBay and then go unsold for months or years.

I guess people don't realize that a lot of us watch the same auctions.

[brett 75]

It does seem that prices or over bidding has gone up in the last month. Was recently watching some exhibit lots that had seen the prices double or triple. Eddie Watikus portrait for $51.00 ? In excellent condition ungraded not even Mint. This seems to be just the opposite of the 2008 recession where cards could be purchased at a fair or discounted level. Im doing a lot of watching at this point not going to get caught up in the bidding madness. Might be time to sell😁!
Brett

[todeen]

Originally Posted by Howe’s Hunter

About a month and a half ago, there was a Home Run Baker card with Howe’s stamp that came up on an online auction. I missed it by the $2.50 next bid, but have no idea how high the winner might have wanted to go.



The card just listed on eBay as a buy it now at more than 4X what he won it for a month and a half ago.



Anybody else have any investments (they think) that have appreciated so much in such a short time?

I'm not invested, but wouldn't that be P2020? Lol

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