the crazy price thread...

[bobbyw8469]

I posted one that sold for $80,600 then another 8 that sold for $23,000, and now this one sells for $18,000. Hard to say with 100% certainty, but I'd say things are either bursting or we're in a correction period at the moment?

LOL....is this a correction period, or just a simple case of one month of sales from a small group of buyers trying to "pump up" the market that had no legs? I mean, $80,000 for a PSA 8 when, just this past February, this was an $8,000 card???

[1952boyntoncollector]

Originally Posted by bobbyw8469

LOL....is this a correction period, or just a simple case of one month of sales from a small group of buyers trying to "pump up" the market that had no legs? I mean, $80,000 for a PSA 8 when, just this past February, this was an $8,000 card???

i have a feeling that 80k never changed hands on that card.

[begsu1013]

.

[1952boyntoncollector]

Originally Posted by begsu1013

i would have to concur that as well.

but again on the price dips, do your own research.

if you dont think prices dip w all the dealers traveling, folks saving coupled w several other factors....well then, ok.

just looking at the last pwcc auction i see zero dip compared to the auction a month earlier when looking at the 50s rookie cards etc...auctions usually go for more than the 3-5 days than the National takes place so i really dont see it impacting AHs like Golden, Heritage, mile high, which i doubt have auctions that close exactly on the weekend of the National but who knows...

[irv]

Originally Posted by bobbyw8469

LOL....is this a correction period, or just a simple case of one month of sales from a small group of buyers trying to "pump up" the market that had no legs? I mean, $80,000 for a PSA 8 when, just this past February, this was an $8,000 card???

Good question, and I certainly don't know the answer as this is still all fairly new to me, as it turns out.

Originally Posted by 1952boyntoncollector

i have a feeling that 80k never changed hands on that card.

How is this so? Not doubting you at all, I just don't understand, especially since it was sold through an A/H, how money was not exchanged when they list it as sold on their website??

Originally Posted by begsu1013

i would have to concur that as well.

but again on the price dips, do your own research.

if you dont think prices dip w all the dealers traveling, folks saving coupled w several other factors....well then, ok.

Not sure I understand what you are saying?

Since joining this site back in January, I have done my best to try and understand the hobby, learn as much as I can, but I see I still have a long ways to go!

From reading about PSA and how they got started (Trimmed Wagner) to Maestro, battlefield on E-Bay and lots of other shenanigans in the hobby, I will say I am somewhat disheartened by what I am finding out on a regular, almost daily basis.

When I got back into this hobby (was never into like most on here to begin with) I was like a big kid again filled with excitement and enthusiasm to try and get caught back up but the more I find out about the hobby, (the ugly side of it I guess?) the less enthused I become.

[MattyC]

Originally Posted by irv

but the more I find out about the hobby, (the ugly side of it I guess?) the less enthused I become.

I say the same to myself about the human race, from time to time.

It is all in what we choose to hang the lantern on, so to speak.

To a collector, a baseball card is intrinsically a happy, positive thing. So if you're a collector at heart and keep it all about the cards, and tune out the superfluous and the toxic, you'll find the cards make you very happy.

[irv]

Originally Posted by MattyC

I say the same to myself about the human race, from time to time.

It is all in what we choose to hang the lantern on, so to speak.

To a collector, a baseball card is intrinsically a happy, positive thing. So if you're a collector at heart and keep it all about the cards, and tune out the superfluous and the toxic, you'll find the cards make you very happy.

I do too, and far to often, sadly!

I guess I was naive thinking that with baseball cards there would be some sort of childhood innocence/honesty with regards to the hobby, but when money is involved, especially big money, I should have known better and not been so blind with my thinking.

Thanks for the advice!

[1952boyntoncollector]

Originally Posted by irv

I do too, and far to often, sadly!

I guess I was naive thinking that with baseball cards there would be some sort of childhood innocence/honesty with regards to the hobby, but when money is involved, especially big money, I should have known better and not been so blind with my thinking.

Thanks for the advice!

not sure how you would think there is innocence/honest when it comes to big money for cards. I not sure what other experiences you have had where there was innocence when it comes to big money, ie. politics, drug companies, etc..