Quote:
Originally Posted by kickitup
Plus..... The biggest factor causing the rise in prices is PSA's grading standards have changed. People bitch and complain about how hard it is to get a bump now, but their new strict policies are exactly what has caused the hobby prices to sky rocket. Supply is perceived to be capped now with increasing demand.
I like being long cards with those fundamentals.
Kick it up!
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Isn't this shift in PSA standards fairly recent? I can't see that as the biggest factor in rising prices, because as others have noted elsewhere, prices have been rising fast for many years - even 10 or 15 years.
I wonder if the shift in PSA standards could potentially create a split market, where cards with new flips (graded with new standards) are basically in a different ballpark than old flips, which would make their grade unreliable (although perhaps not entirely irrelevant).
This is more of an open question in my mind...