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#1
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If more collectors are keeping their cards how come there are more auction houses than ever, ebay sales of prewar are brisk and there are other outlets (facebook etc.) that also sell tons of pre-war cards?
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#2
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I think the reality is that more people are flipping cards today than ever before
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#3
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Quote:
I see countless cards sell on ebay for more than a straight sale could bring normally and put up in these groups for 20% more and they sell quickly. This is one of the reasons (besides the legality issue of such raffles) that we do not allow them in our pre war fb group. |
#4
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Quote:
Last edited by ullmandds; 12-18-2018 at 08:34 AM. |
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Bitcoin!!
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My avatar is a sketch by my son who is an art school graduate. Some of his sketches and paintings are at https://www.jamesspaethartwork.com/ He is available to do custom drawings in graphite, charcoal and other media. He also sells some of his works as note cards/greeting cards on Etsy under JamesSpaethArt. |
#6
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The explanations I have heard could account for a gradual price rise over time, but not, in my mind, for a sudden meteoric one. People didn't just wake up one night of a PWCC auction to the investment possibilities of nice mid grade T206s, IMO.
__________________
My avatar is a sketch by my son who is an art school graduate. Some of his sketches and paintings are at https://www.jamesspaethartwork.com/ He is available to do custom drawings in graphite, charcoal and other media. He also sells some of his works as note cards/greeting cards on Etsy under JamesSpaethArt. Last edited by Peter_Spaeth; 12-18-2018 at 08:16 AM. |
#7
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Peter, is this sudden meteoric rise the sale of one PSA 5 T206 Young, or are you referring to a number of comparable transactions? If the former, maybe the explanation is the simplest -- two collectors were chasing that card, had a lot of money, really liked it, and didn't want to wait for another comparable 5 to come along. I'm not saying this is the explanation, only that there is limited information one can derive from a single transaction. That said, because IMO the price makes sense based on the prices of 8's combined with logical explanations of supply and demand, even though the increase might have happened more quickly than what one is accustomed to seeing, I am hesitant to describe the forces at play anything other than prudent assessment of value. If though the meteoric rise takes the price to a level that seems totally whacked out compared to prices of 8's (e.g., $50k), then I would have more cause to suspect something other than ordinary market forces at play. |
#8
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Corey this thread was a response to maybe 3 or 4 seemingly way out of line prices in a recent PWCC auction, not any trend.
__________________
My avatar is a sketch by my son who is an art school graduate. Some of his sketches and paintings are at https://www.jamesspaethartwork.com/ He is available to do custom drawings in graphite, charcoal and other media. He also sells some of his works as note cards/greeting cards on Etsy under JamesSpaethArt. |
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