Quote:
Originally Posted by AGuinness
Nice score on the WaJo! I'm with you on the modern stuff. But it's not just crazy, it's bat-sh!t-insane-asylum crazy.
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Recent sales on modern cards
Playoff Contenders Tom Brady RC 12433.00
National Treasures Stephen Curry RC 12700.00
Bowman Chrome Mike Trout RC 19750.00
Upper Deck Exquisite Kevin Durant RC 40105.00
t206 cards are cheap. We have been collecting for so long that we have become oblivious to price increases in the hobby. I bought the cards discussed here for 20-50 dollars. Cobbs for 100-200 dollars. Back then modern rookies were 1-5 dollars.
There are several factors here. Investors shifting money from other investments to high end vintage. Also, modern collectors who are used to paying 500-1000 for a pack of cards and selling modern cards for thousands of dollars shifting to vintage. Neither group is concerned with what these cards sold for 5, 10 or 35 years ago. They see a track record of gain in hobby staples and that is where they want to park their money.