[Exhibitman]

All very good points.

I'd like to think that people are suddenly awakening to how great boxing cards are but I don't see where the sudden surge of people paying these prices is coming from other than speculation on superstars. Look at the Panini Tyson prices: that's a common card yet even in lesser grades it has quintupled. The PMG is /125 and is a beautiful card as well but has been a few hundred dollar card forever. Slap it in a slab and it goes into the several thousands? I know they are condition sensitive but come on.

I suspect that a lot of the boxing pricing is circular: speculators selling to each other, probably because boxing is a cheap bet, relatively speaking. If so I imagine we will see lots of action on the biggest names and not much changing otherwise. That would differentiate it from the surge in baseball cards, which has been very deep and very real for a lot of vintage and postwar (forget the modern riverboat casino shiny stuff). If we see across the board gains, I will be a believer. In the meantime, maybe time to unload the Ali, Tyson, Johnson and Louis cards, let the speculators play it out, then repurchase after the crash?