PWCC Auctions
 

The prices for some of the auctions that ended tonight are quite strong. I have the feeling these are going to serve as comps that lead to much higher values in the near-term.

The good news: my hockey collection is worth quite a bit more now.

The bad news: adding to that collection is going to cost me quite a bit more now.

Bittersweet...

1966 Topps Orr PSA 7 ending at over $21K. Impressive.

Looks like the Lemieux is rising dramatically as well. More than doubled in a few months. Ii will be amazing if these prices hold close to the latest sale. I was following that card and it was IMO a very avg. looking 9.

1985 Topps Hockey Mario Lemieux ROOKIE RC #9 PSA 9 MINT
Item Sold
Condition:--
Ended: Dec 27, 2020 , 9:28PM
Winning bid:US $1,680.00 [ 35 bids ]
Shipping: $10.00 Standard Shipping
Item location:Portland, Oregon, United States
Seller:
pwcc_auctions (260457 ) | Seller's other items


12/27/20 $1,680.00 Auction
Image 35 eBay pwcc_auctions h***h - ! -
12/21/20 $1,080.00 Auction
Image 14 eBay 2013sellingyours i***i - ! -
11/26/20 $629.00 Listing
Image BIN eBay pwcc_vault h***- - ! -
11/23/20 $585.00 Auction
Image 28 eBay pwcc_auctions m***a - ! -
11/11/20 $750.00 Listing
Image BIN eBay denn-held c***c - ! -
11/10/20 $675.00 Listing
Image BIN eBay terwin1957 c***c - ! -
10/29/20 $585.00 Auction
Image 36 eBay pwcc_auctions n***v - ! -
10/28/20 $455.00 Auction
Image 26 eBay probstein123 n***s - ! -

PWCC has been leading the way for years. This is what always happens:

Fred has a 1968 Topps XXXX in PSA 8 and he puts it up on eBay for $3,000 USD. Everybody laughs at Fred and tells him to go F himself.

PWCC then lists the same card, but this one is graded a PSA 7.5, and it ends up selling for $3,400 USD.

Everybody goes insane and starts looking for Fred's PSA 8. The first person who finds it clicks on the BIN button.

Somebody will immediately put his PSA 8.5 up for $6,000 USD. Another guy will put his PSA 9 for $15,000 USD, etc. And yes, these cards will end up selling as well!

This is the power of PWCC.

Likely a spot on summation.

Especially in 2020. This market is f***ing nuts without the PWCC factor.

The PWCC factor isn't reality and a big manipulator from a data point perspective. I won't turn this into a PWCC bashing thread, as there are plenty of those on the pre-war baseball forum. But sometimes the market follows the above scenario, sometimes it doesn't.

I'm patient and will wait out the bubble. Vintage hockey is rightfully catching up. But, I believe we'll see a correction to the modern stuff at some point. Gretzky and Lemieux may be an exception.

What is your definition of the starting point for modern?

That PSA 10 Gretzky sale sent shockwaves across the hockey card market. Now the Lemieux is going crazy and others will follow. We will definitely see a correction sometime in the future because prices are just ridiculous right now. However, we won't see the pre-pandemic prices again. :(

1980 is my definition. I know some have a different perspective.

Yeah but you have to keep playing it out to where the next guy who tries to sell HIS PSA 7.5 gets 70 percent of the PWCC price if he's lucky.

I can definitely respect that as the line of demarcation. I would personally consider cards from the 80s to no longer be "modern" these days.

We're in the same neighborhood, though. To some new collectors, a Crosby rookie would be vintage and 90s cards would be ancient. :eek:

To me, 1981 feels like the start of modern, probably because in baseball 1980 was the last year of Topps only. So in hockey, Messier vintage, Lemieux modern.

To me, I always draw the line between modern and vintage at 1984, when Topps came back to the hockey market.

We saw this in basketball earlier this year. Cards went up like skyrockets, came down some, then leveled out well above the pre-run pricing.

Some basketball came down like vintage stuff. Jordan inserts are still red hot. and how his 86 fleer sticker is taking off. it's nuts out there.
also, vintage hockey rules.

When prices started sky rocketing years ago, many guys couldn't wait to get out their product and sell. They were happy selling their Gretzky's for $100 that they paid $50.

Those guys who bought at $50 in 1988 now have a card that's worth
$10,000 or more.


I can safely say that anyone who buys a PSA 8 Mario Lemieux rookie for $2700 in 2020 will not lose money on that purchase any time soon.

I think we will see $5,500 on that card in two years.

People who sold their Amazon stock at 500 were happy with their gains too.