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Old 04-19-2005, 04:06 PM
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Default bulls, bears, and high bids

Posted By: scott

i agree with julie on the common issue.i think the grading companies have their place but i do feel on all levels common card values are artificially inflated due to "population reports".i recently was looking at an auction with 1971 commons psa mint going for over $100 dollars.a thurmon munson rookie same year in mint $4000.obviously newer lesser hof's prices are way out of hand due to this.

i read an article lsat week about in the early 80"s coin collectors did the same thing,buying very high grade commons but the bottom dropped out on the market leaving these collectors stuck with coins they overpaid for.i think there may be a warning here.

face it with $5000 you could buy some sweet hof's in nice shape.

anyways thats my 2 cents but each collector to his own,
scott

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