Reasons why prices of some vintage cards are going kinda CRAZY????

[Leon]

Originally Posted by Peter_Spaeth

The cards have been around for 100 years. People are just realizing they are attractive? Makes no sense.

Maybe, as Steve said above, cards really are starting to be a legitimate part of a financial portfolio? That could explain some of the rise in prices of the best looking cards.

[MichelaiTorres83]

Originally Posted by Leon

Maybe, as Steve said above, cards really are starting to be a legitimate part of a financial portfolio? That could explain some of the rise in prices of the best looking cards.

It definitely is. In order to assemble a decent t206 set in PSA 3, your going to spend what, 100 thousand dollars? Bump that to 5s and 6s and you are in the McMansion investment range when your collection might just be worth more than your house.

They have been investments for a long time. Only recently are people talking about it.

How many people here have collections over 1,2,300k a million dollars? I am willing to bet there are several hundreds of people.

[barrysloate]

Originally Posted by Leon

Maybe, as Steve said above, cards really are starting to be a legitimate part of a financial portfolio? That could explain some of the rise in prices of the best looking cards.

Investors have been putting together baseball card portfolios for as long as I can remember, so there is nothing new there.

[Touch'EmAll]

Over the last 10 years the DOW has had its greatest historical increase. The national unemployment rate has moved to a very low level, lowest in many years. The supply of investment quality cards isn't going up. These 3 factors could have significant impact on the price of "good" cards.

[pgconboy]

I am bummed out by the portrait Johnson t206 prices, but oh well. I was 2nd high bidder on a stretch about a year and a half ago for some psa 3s. Any idea that is dead and buried for the time being.

I think the individual card prices are becoming more standardized with current card collecting. There are a few cards worth disproportionately more than others. If we knock out the short prints, we are now watching the rise of the 'chase' cards.

[trambo]

Originally Posted by 100backstroke

Over the last 10 years the DOW has had its greatest historical increase. The national unemployment rate has moved to a very low level, lowest in many years. The supply of investment quality cards isn't going up. These 3 factors could have significant impact on the price of "good" cards.

Agreed! We could be in a card bubble. Or not. No way to know really except to wait it out and see.

Cards being discussed in this thread are investments as well as parts of collections. My guess is the people who think of themselves as collectors only have some way to know what they paid for a card but also have a pretty good idea of value. Very similar to how an investor thinks if you ask me.

The beauty of all of this is we can be both collectors and investors doing what we enjoy doing. I know that's how I look at it!