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Old 05-04-2005, 02:40 PM
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Default How much money is out there?

Posted By: Anonymous

i'm an old time collector back into the hobby so here's a thought....has the pro grading services driven the prices up to the levels ,for all cards,they presently are.at fort washington mid grade t206 hof sold for 50%-75% graded as opposed to raw.many buy raw get ir graded then jack up the price.great for short term profit but what happens 10-20 years down the road.will all 3 of the grading companies exist then?what happens if psa closes house for some reason..perhaps a grading scandal on a very high end card etc.what happens to the inflated graded card prices for psa's?

i know its not prewar but i recently saw a 1971 munson psa 9 for$4000.commons $75-100.thats a bubble waiting to burst.

i collected t-cards back in the 80's and i miss the days of buying hof's in nice shape for less then $100.

a newbies thought.
scott

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