What the heck happened to Philly Gum cards?
The prices don't surprise me at all. Getting a T206 or a 1933 Goudey graded makes sense to me because there is a very limited number of authentic cards available in very nice shape and there are lots of reprints and fakes around as well. But getting a 1965 Philadelphia Gum card graded doesn't make any sense. There are tons of originals around in great shape, and there's no market for creating fakes or reprints. It's like the Dot Com boom in the late '90s ... because some companies made money, people invested in every internet startup, even those without business plans for making money. PSA 8s of 60s commons are like internet startups in the late 90s, nothing but hype. There's no logical reason why they should be worth worth more than a few dollars each, even in great shape ...
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