Quote:
Originally Posted by Runscott
Larry, watching all the sales of modern cards at nearby booths in Cleveland this year, I would love to get in on that money. But trying to figure out the logic behind these prices is so much more difficult than pre-war. I'd rather live on food stamps and enjoy my collecting/dealing than tie my brain in a knot by getting involved in modern stuff. I nearly had a seizure when I finally figured out what 'refractor' meant.
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Hi, Scott. The "logic" behind it is that if you get a hot card, preferably with a very low print run, of a player who seems at a very early stage to have top flight HOF potential, pick a number to sell it for immediately, then put 4 zeros behind that number before the player sustains a serious injury, simply loses it overnight as the pitchers adjust to him and he fails to return the favor, or he is exposed as a PED user! Prices are based upon speculation (with an overly large % of buyers intending not to keep the card for a collection, but to flip it for profit asap), or transient demand which is quick to depart for the next latest and greatest thing! IMHO, if you're going to buy current players, buy them when they are in their downslide in their late 30's (assuming they are good enough to still be around by then), when most of the above transient demand has departed the scene.
Best of luck,
Larry