Large Amount of High Grade 50s/60s/70s Rookies Coming to Market

[griffon512]

this is not a post predicting that the sky is falling in the coveted high grade post-war market. however, the amount of high grade 50s/60s/70s supply coming to market just in the current pwcc auction is eye opening. below is a sample of some of these coveted rookies in grades 7 or better (psa/sgc/bvg) just in this auction alone. it is not intended to be an exhaustive list, but gives a flavor of how price appreciation is drawing more supply, which is getting more difficult for the market to absorb without lower prices. i don't have an axe to grind as i collect both pre- and post-war, including some of the rookies below. i can see the amount of supply leading to a rotation to pre-war (though i'm guessing a lot of the "investors" have never heard of even more prominent pre-war HOFers like walter johnson or christy mathewson) given greater scarcity or leading to what i hope is a healthy correction in the segments of the market that are the most overheated.

baseball

clemente: 5
koufax: 9
bob gibson: 7
yaz: 10
rose: 2 (relatively low, but a large amount of graded 8's or better recently have already started a correction in higher grade rose prices)
nolan ryan: 3

basketball

chamberlain: 3
russell: 1 (low pop in 7's or above)
alcindor: 1 (surprises me that not more)
dr. j: 13
jordan '86 fleer (regular set, not sticker): realize an 80's card but still reflective of bigger trends: 4 psa 10's; 7 psa 9's

football

jim brown: 3
namath: 3
bradshaw: 5
unitas: 9
payton: 14

hockey

gretzky (topps): 17
gretzky (opc): 14

[Stonepony]

Interesting Post war observation

[Leon]

Originally Posted by Stonepony

Interesting Post war observation

I saw that but then he also references how it relates to prewar....

"i can see the amount of supply leading to a rotation to pre-war (though i'm guessing a lot of the "investors" have never heard of even more prominent pre-war HOFers like walter johnson or christy mathewson) given greater scarcity or leading to what i hope is a healthy correction in the segments of the market that are the most overheated."

Believe it or not I would prefer to never have to get involved in operations. And I try to be as hands off as possible, again, I know that is hard to believe. Many times I almost have no choice. This one could have gone either way so I laid off....
.

[griffon512]

i don't want the original post to get sidetracked but pre-war card collector probably sells mainly post-war cards at this point...unless we're talking about vietnam or the persian gulf war. that's not a criticism of brent -- he has capitalized on where demand is the strongest.

the bigger point is that what has happened in the high-grade iconic rookie post-war market has implications for all collectors/investors, so the underlying trends are going to be important to many. one major trend right now is a much larger increase of supply hitting the market in that segment than we have seen in the last decade. the current pwcc auction is the best barometer of that.

[Touch'EmAll]

Since early in this years baseball season, I am surprised how many major high grade 1950's & 1960's RC's have surfaced for sale - it is a lot. We should get a goodly trickle down effect with higher prices for our mid/upper quality pre-war HOF'er cards. I think we already have - a little - but way more headroom to go...I hope.

[Aquarian Sports Cards]

would like to point out he has almost 1000 tobacco era cards in this auction as well. Not like he's focusing on any one thing he is selling what the market brings to him.

[Gradedcardman]

Too many critics on this board sometimes. Leon does a good job of policing and making changes when needed. Why does everyone have to be judge and jury...just freaking breathe we are talking about freaking cardboard not our family. Just my observation. If you have something negative to say about it please relay it to your dog or pet as I really don't care.

[Billy5858]

Originally Posted by Gradedcardman

Too many critics on this board sometimes. Leon does a good job of policing and making changes when needed. Why does everyone have to be judge and jury...just freaking breathe we are talking about freaking cardboard not our family. Just my observation. If you have something negative to say about it please relay it to your dog or pet as I really don't care.

??? Are you on the right thread sir??