+1

Couldn't agree more.

Looking through my postcard collection, I see she's got a team back in NY.

Wow Brady championships contenders bgs 9 sold for $401k. Even greater than the Jordan.

At the very least, it WAS a rookie and autographed.

Good grief, you could get a '52 Mantle PSA 8 for that.

The one thing that modern cards have that can't be replicated is you own shares of stock in a current company. Ebay is like the stock exchange and Tom Brady is as blue chip as one can get with some internet stock in him.

Love him or hate him he is the man. Not even remotely debatable. As an owner you get to participate in his wins monetarily so that attracts a lot of people. You almost own a piece of him like when Secretariat was sold in shares to investors.

I couldn't begin to tell you if 400k is ridiculous or turns out to be cheap. So many of these cards have gone so much higher than I or probably anyone could have imagined so I don't even feel qualified to try and forecast their future.

On one hand the print runs are so low that you don't need that many serious buyers to have the prices sky rocket. Keeping them there is obviously easier with the low supply but the price that collectors are willing to pay on cards is quite variable and these also could turn into one off sales. Time will tell.

What they do have going for them is in many cases once an item develops this kind of marquee status unless there is a serious event that should change the psychology of the market it will be a bragging rights piece and that generally only gets more expensive over time.

This is going to be very fascinating to watch play out in the coming months and years and obviously the hidden supply will play a great role in determining where prices go.

At least it is Michael Jordan and Tom Brady we are talking about. It doesn't get any better than those two.

My sense is that at the very high end, for cards like these, it's the internet/social media equivalent of a pissing context among guys with huge amounts of disposable income. And it only takes two guys who want to win the pissing contest to drive the price to numbers that look nuts to the rest of us. I'm not sure these guys see these purchases as investments per se. I think a lot of it is ego gratification. Just speculating.

Seeing these cards go for the prices they're going for makes me wonder how much packs and hobby boxes were going for when those releases first came out.

Agree with Peter 😎

So I must conclude that neither bidder has prostate issues.:eek:

I think this same thing about most collectibles when the money reaches a certain amount. When someone posts a group of cards in the monthly pick-up thread that cost thousands of dollars each and the reply's are "Wow", "Amazing", "Unbelievable" blah blah...I usually just think "Expensive". But isn't the fact that they cost a lot of money what makes certain collectibles "better" than others to most of us?

No dribblers in the elite Jordan market.

I think that's true to an extent but on the other hand some of my favorite cards (mostly non-sports) even though very hard to find cost next to nothing.

I go for fulfilling to me personally, not necessarily "better" than something someone else has or than what exists in my collection prior-to. But yeah, no matter how you slice it, money helps. If I had that kind of disposeable income to be throwing at cards, I sure wouldn't be buying something that was made in the 1990's or later. But each unto their own...

In Jordan We Truss

Since I know virtually nothing about these super expensive modern cards, I have a question for those who do. If you buy one of these six-figure mega-cards today, and hold it for a few years before reselling it, do you generally make money or lose money?

Just like poker players Barry, a few guys only break even but nobody actually loses money, just ask them.

I know Scott. I've yet to meet someone who bought a stock that went down.:)

Time was, the Tip Top Boy mascot went for the same price as a '52 Topps Mantle. They can't all be winners.

Me too., Give me a Wooth wookie! (right Joe T?)! The newer collectors can have their shiny stuff. It's all good....