1980 Topps Henderson RC PSA 10 PWCC ?
 

https://www.ebay.com/itm/1980-Topps-...-/143939492927


How is this a True Value, with two days to go ?

Because when a bitcoin is worth $48K and a basketball video clip is worth $30K, and a banana duct-taped to a wall is million dollar art, anything can be worth anything.

except for our labor and salary

It’s going to be a spectacular crash when the bottom drops out. GME/AMC’esque

I have a hard time seeing it crash like that. Maybe some of the newer cards, and certainly the PSA 10 "myth" of cards like the Henderson RC, whose pop counts have obviously been artificially held back.

Vintage cards won't suffer this sort of collapse unless the whole economy collapses, as they say, in which case we all have bigger problems.

I don’t feel vintage will be spared in a large correction. The same people pumping modern are also pumping vintage. I don’t think vintage will collapse, but I also don’t think $2k cards will sustain the sudden 10x delta.

This absolutely blows my mind...I opened these cards out of packs for crying out loud. I have two vendor lot "mint" sets...one in a binder and one boxed...I went to check mine after I read on a different thread that there are probably "10s" sitting in closets all over...and realized even though both mine are "minty", they would not be 10s due to centering. So...maybe a 10 is a holy grail...maybe not...either way this auction is absolutely crazy.

Your value as a productive member of society has nothing to do with the perceived value of these markets.

Heritage has one at $100k + with over 10 days to go.

I don't follow post-war prices too closely. This one is obviously absurd. Have the Seaver and Ryan rookies sold for anything close to this price?

This is what happens when people are bored and have too much money.

How about a banana label stuck to a $20 bill?

https://live.staticflickr.com/65535/...c238143f_o.jpg

That $20 bill sold for $396,000 less than a month ago. :eek:

https://live.staticflickr.com/65535/...f8f6186b_z.jpg

Not perfect center though.

Ended at $180k. Insane.

The controls on what PSA has ostensibly decided can or cannot be a 10 for this particular card are, in a word, absurd. 10's in proportion to 9's are kept artificially low. Watch this if you haven't:

https://www.youtube.com/watch?v=6wTMS1dmddc

I have a 9 that I think looks nicer than the PSA 10 at Heritage right now. Look at the top right corner of this card. Is this card trimmed? I’m not good at detecting alterations.

The general rule of thumb is to avoid high end cards that are super obviously loose in their holders. Most cards will have a gap somewhere due to the design, but if there are obvious gaps on different borders at the same time, (i.e. not a positioning issue) - then that may be cause for concern. Honestly I didn't even look at this Henderson to see if it's that way. The sad truth is even if it is, that likely would not have mattered in the sale. People are blind to the cards themselves from the light the flips are putting out, and all about the dollar signs right now.

I have watched that before and just shook my head. The obvious manipulation/controlling/favoring certain submitters is over the top. Not that I need another excuse, but this is also another reason why I detest PSA.

Are they not, or have been, doing that with UD 89 Griffey RC's as well? I am sure there are others too. :rolleyes:

https://sports.ha.com/itm/baseball/1...umbnail-071515


$105,000 last night Heritage

Pwcc February $180,000

The economy briefly collapsed last year and cards still rose lol

Prices have been correcting on many I’m watching and I don’t see that slowing down. I know I’m personally spending less on cardboard, as I now have a few vacations planned.

I think you're right on that, esp. postwar mainstream cards in all sports that had big, fast run-ups. Last October and then this January-February seems to have been the high water marks on a lot of cards that had huge runs early in 2020.

Personally, I think it will end up with most vintage cards down from their peaks but well above their starting points, and it will take most of 2021 to shake out.

The real proof that the bubble has popped will be when I actually start winning auctions, because I haven't adjusted my bidding structure on commonplace stuff. In all these auctions recently I've won one (1) item for my personal collection, and it was a one-off PC that I chased after because I have an affinity for Cubs on Catalina Island stuff which very few other people share, I guess. Actually, it is pretty f****ng cool: Hack Wilson and Charlie Grimm at spring training on Catalina Island:

https://loveofthegameauctions.com/It...23433a_lg.jpeg

Wrigley used to bring them to SoCal to train since he owned about half the friggin' island. Here is an image of the Cubs doing their best Seven Dwarves imitation on the waterfront in Avalon:

https://photos.imageevent.com/exhibi...20Catalina.jpg

Gabby Hartnett:

https://photos.imageevent.com/exhibi...20Catalina.jpg

I agree, and I’m fine with a healthy increase from pre covid prices, I’m just sick of seeing prices with multipliers. I’m happy that my buy levels are approaching for some of the key cards I need/want. But as you mentioned, it’s still not there yet, as I’ve gotten beat on most auctions. I felt I had some strong bids and won nothing in lasts weeks pwcc offerings. Trying again with REA.

Nice pickup btw, very cool! You have an awesome collection, far from the typical cookie cutter stuff. I need to venture further into that side.

Cards
 

I'm thinking that the people that have disposable income will continue to try to buy up everything under the sun at outrageous prices and many collectors will jump to sell great collections and PSA 9s and 10a from the 80s because the money is right. This leaves people like myself in a good place down the road because I'll still have my cards and those that have disposable income and those that have sold their collection in search of money will want them. :)

A PSA 10 Nolan Ryan rookie sold for $600,000 in August 2020 per Vintage Card Prices.

+1 Just booked a week on the Oregon coast.:D

Nothing against cards but very happy to be spending cash on a vacation instead of the hobby.

Congrats! I love Lincoln City!

Sent from my SAMSUNG-SM-G930A using Tapatalk

That’s funny, we are actually flying to Portland, then spending a week exploring the coast on our way up to Seattle for some more exploring. Original plan was to use those destinations as a jump off for BC, but that leg has to wait.

I love hiking Multnomah Falls and visiting Canon Beach.

Those with unlimited disposable amounts of cash need to spend their money and can not on vacations and other pre Covid things.. Thus we have high prices..

That's it folks..

Yep. It'll all shake out after the COVID scare is lifted completely. Many will probably want to dump those cards for what they bought them for but will more than likely take a loss. Just my opinion.

I would be at least mildly surprised to see vintage getting hit with a huge correction after Covid concerns become a recent memory. The cards have always leveled off in the past, but never exactly dropped tremendously. To give a basic example, in 2015 you could buy a '52 Mantle PSA 2 for around $10k. Prices have tripled since then.

It may be an extreme example, but I don't see that going back to being a $10k card short of thermonuclear destruction or something like that.

Some may not correct but the market overall will I believe especially these crazy prices being paid for new cards. Mantles in perfect condition will always hold their value what ever that may be but I think other HOF players and low to mid grade cards will level off from where they are now. More collectors, more demand, higher prices. When the number of collectors dwindles demand will drop and so will prices. Just like the hype of the 90's.

Level off, yes. Drop egregiously, no. We've heard this time and again with every recession now at this point since the 1990's. Vintage has gotten hot and cold multiple times, but on the whole the cards have held their value very well across all grades.